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Mortgage Loans

At The Citizens Bank we offer several different types of Mortgage Loans. We would be happy to help you choose the plan that best suits your needs.

  • 100% Financing - No Down Payment
    We offer a fixed-rate home mortgage program that doesn't require a down payment!
  • Conventional Mortgages
    Conventional Mortgages are fixed-rate loans. A minimum 5% down payment is require.
  • Federal Housing Authority (FHA) Mortgages
    Insured by the Federal Housing Authority, FHA loan rates are also fixed. A 3% down payment is required.
  • Veterans Administration (VA) Mortgages
    These fixed-rate loans are available to veterans of the U.S. Military and their survivors.

**Escrows are held on all of these loans.


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The Citizens Bank of Philadelphia is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2010, all noninterest-bearing transaction accounts as well as certain eligible NOW accounts which earn .25% annual interest or less are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.

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