Home Loans

Mortgage Flex

Mortgage Flex
Product Features and Benefits

Product Features and Benefits

  • A combination of a traditional Mortgage Loan and Mortgage Power. Mortgage flex consists of fixed principal and interest payments along with a line of credit.
  • No interest is paid on unused credit line.
  • International Citicard. Enjoy cash advance anytime, anywhere in the world.
  • Personal cheques for easier and convenient usage.
How to Apply

How to Apply

You need to be a citizen or permanent resident of Taiwan, aged 20 to 60 with good credit history . Call mortgage hotline 0800-012123 for further assistance.

Example

Example

The market value of Mr. Wang's house is 5 million dollars. In addition to his own money, he still needs a home loan for 3 million dollars. If the financing percentage is 70%, his mortgage amount will be 3.5 million from Mortgage Flex of Citibank. Of this, 3 million dollars can be assigned as mortgage loan with "principal and interest" payment. In addition, Mr. Wang has a $500,000 revolving credit line.

Mr. Wang can choose to accelerate the mortgage loan pay-back to reduce the interest expense. As his revolving credit line of $500,000 will always be there, he does not need to worry about future money needs. Therefore, Mr. Wang can pay back his loan quickly and keep the $500,000 revolving credit line for future investment.

Ex: Mr. Wang's House
House market value 5 million
Mortgage amount for Mortgage Flex from Citibank 3.5 million(70%)
Mortgage amount used 3 million
Usable revolving credit line 0.5 million