Weigh all the home ownership benefits
Financial preparation is the first and most important step in the home buying process. Use the below calculators to see if you are financially fit for home ownership.
Should you rent or buy a home?
Use our rent vs. buy calculator.
Starting your home search?
Determine how much home you can afford.
How much would your monthly payment be?
Find out now with our payment calculator.
Master the home buying process
After you’ve determined your potential budget, we highly recommend you ask your Citizens Bank Lending Professional
about pre-approval before you begin your search.
A home loan advisor will verify your savings by viewing:
- • Current bank account balances and statements (i.e., checking and savings)
- • Statements showing current market value of your investments (i.e., stocks, bonds or
certificates of deposits)
- • Any interest on your potential retirement funds (i.e., 401K, IRA, etc.)
- • Value of all personal property (i.e., automobiles, boats, motorcycles, etc.)
Get rewarded when you start saving for a new home
Open a HomeBuyer SavingsSM account and receive $1,000 toward
closing costs
when you save at least $100 a month for 36 months and finance your new home
with Citizens Bank.*
Terms, conditions and withdrawal limitations apply. This does not represent a formal commitment for a mortgage loan. Participation in this savings plan does not guarantee that we will provide you with a mortgage loan. You must separately qualify, be approved and obtain a purchase-money mortgage loan from us. If you do not, you will not receive the $1,000 credit. We reserve the right to discontinue this program at any time without notice. In the event this occurs, eligible depositors will receive a prorated credit against closing costs.
Mortgages are offered and originated by RBS Citizens, N.A. and Citizens Bank of Pennsylvania. All loans are subject to individual approval.
Review financial home buying tips
When comparing mortgage rates and programs, it’s important to educate yourself about annual percentage rate, points, down payments, insurance, closing costs and monthly payments.
Compare loan rates online to find the mortgage product to best fit your needs.
Be prepared for your home purchase
From beginning your search to applying for a mortgage and everything in between, use the following checklists to help you find, choose and buy your perfect home.
Rate and compare all of the homes you’ve visited.
Stay on track while planning your big move.
Important documents you’ll need to successfully purchase a home.