What’s possible with a HomeRun® mortgage?
With eligible gift funds and down payment programs, you may contribute as little as 1%.
Save every month by taking private mortgage insurance (PMI) off the table.
Get predictable payments with a competitive interest rate compared to conventional loans.
No credit history? On-time rent, utility payments and steady income can play a role.
Get Lender Paid Assistance for primary homes in eligible areas with qualifying income.
Condos, co-ops, two-units and single-family homes are eligible for buying or refinancing.
See how far HomeRun® can take you
Use this Affordability Calculator to figure out how much house you could afford with a Citi HomeRun® mortgage.
Score a competitive interest rate with HomeRun®
Get a side-by-side look at HomeRun® and conventional mortgage rates by selecting purchase or refinance and entering your details.
Rate History
Ready for a home loan?
We make finding the right loan option simple and straightforward.
Get HomeRun® plus up to $7,500 at closing
You may qualify for up to $7,500 in Lender Paid Assistance. Take a look at the requirements and talk with a Citi Specialist to learn more.
Buy a primary home
Finance a home that you plan to live in as your primary residence.
Live in an eligible area
Settle down in area with Citi branches that accept deposits. Your income must be less than 120% of the area’s median income, OR your home must be in a low- to moderate-income census tract, as defined by the U.S. Census Bureau.
Take a home-buying class
We'll help set you up for success with a required homeownership course from a Citi-approved housing counseling agency.
Let’s talk about your path forward with HomeRun®
A Citi Specialist will reach out to discuss your options, or you can call us directly at 1-877-482-5614
Providing us your telephone number means you are providing express "written" consent for Citibank, N.A. and its authorized third parties calling on its behalf to contact you at the number and/or email you've provided to offer and/or advertise its products and services, even if your telephone number is currently listed on any internal, state, or national Do Not Call list. You are not required to provide this consent as a condition of purchasing any property, goods, or services. You may directly contact Citibank, N.A. to discuss mortgage products and services by calling 1-800-MORTGAGE. TTY: We accept 711 or other relay service.
By submitting this information, I consent and agree to be contacted by Citibank, N.A. regarding my loan inquiry at the telephone number or email address provided. I understand that this is not a mortgage loan application, and that if I wish to apply for a mortgage loan, I will need to apply directly with Citibank, N.A.
Citi HomeRun® FAQs
HomeRun® is designed to make homeownership more accessible by removing the roadblocks that buyers face. Qualified borrowers may be able to buy or refinance at a low rate with as little as 3% down, avoid private mortgage insurance (PMI), use eligible gift funds or down payment assistance and benefit from flexible credit guidelines that look beyond a credit score alone.
You may qualify for HomeRun® if you're buying or refinancing in an eligible Citi market, your debt-to-income ratio is 43% or less and your loan amount is no more than $832,750 (or $1,249,125 in certain high-cost areas). If you’re buying outside an eligible Citi market, your income must not exceed 120% of the median income for that area. Speak to a Citi Specialist to see if you qualify and determine if HomeRun® is your best option.
HomeRun® is built with flexibility in mind. Qualified buyers may be able to purchase a home with as little as 3% down, and in some cases, their own contribution can be as little as 1%, with the remainder coming from eligible gift funds, grants or down payment assistance programs. Citi also looks at your overall financial picture and factors like employment history, on-time payments and a debt-to-income ratio of up to 43%.
HomeRun® borrowers must complete a home buyer education course through a Citi-approved housing counseling agency before closing, and buyers of two-unit properties must also complete landlord training. Because other eligibility requirements vary by market, speak with a Citi Specialist to understand your options and determine whether HomeRun® is right for you.
- For single-family homes
, as little as 3% down is needed with loan amounts up to $832,750 or up to $1,249,125 in high-cost markets. Certain higher cost areas require as little as 5% down for loans up to $1,209,750. In some cases, your own contribution can be as little as 1%, with the remainder coming from eligible gift funds or other sources. - For condos and co-cops
, as little as 3% down is needed to finance a condo or co-op. Maximum loan amounts are generally $832,750, with limits up to $1,249,125 in certain high-cost markets. - For two-unit properties
, as little as 5% down from the borrower’s own funds and the remainder from other eligible sources. Two-unit homes are eligible for 89.99% financing with loans up to $1,066,250, or 85% financing with loans up to $1,599,375 in certain high-cost markets. In addition to home buyer education, borrowers purchasing a two-unit property must complete landlord training from a Citi-approved community agency prior to closing.
- For single-family homes
HomeRun® is available in markets with Citibank branches for loans on the primary residence of borrowers who qualify, and is also subject to income, property, product and other restrictions. To be eligible for up to 97% financing, the property must be a single-family home (including condos, co-ops and planned unit development) with a loan amount up to $832,750. Certain condo and co-op projects may be subject to lower LTVs. Single-family homes in certain high-cost markets with loan amounts between $832,751 and $1,249,125 are eligible for up to 95% financing. Non-traditional credit on conforming loan sizes requires 5% down payment. Non-traditional credit is not permitted on loans exceeding conforming loan limits. Two-unit properties are eligible for 89.99% financing with loan amounts up to $1,066,250, or 85% up to $1,599,375 in certain high-cost markets. In addition to home buying education, borrowers of two-unit properties must participate in landlord training from a Citi-approved community agency prior to closing. HomeRun® is not available on cash-out refinance transactions.