What First Citizens publicly states
First Citizens offers acquisition, equity and switch mortgages plus dedicated prequalification and home-ownership guidance.
Mortgage pricing is not determined by a headline rate alone. The lender may consider income, existing debt, credit history, down payment, the property, loan-to-value, term, employment profile and other underwriting factors. Where a reference rate or promotional figure is shown here, it should be treated as a starting point for research rather than a guaranteed customer offer.
Mortgage requirements
- Job letter and recent payslip
- Self-employed: three years of financial statements supported by bank statements
- Purchase agreement or offer for sale
- Title document
- Bank-panel valuation
- Statements showing savings, investments and debts
- Valid ID and proof of address
Financing and lending considerations
- First Citizens publishes a 30% housing-payment guideline and 40% total debt-service guideline.
- A normal 10% cash injection is stated for land-and-building purchases, subject to the facility structure.
Before you apply
Prepare your income evidence, current debt statements, proof of down payment and property documentation before the formal application. Ask the lender for the current annual percentage rate or effective borrowing cost, the repayment schedule, all acceptance/processing fees, mortgage-indemnity requirements, valuation/legal costs and any conditions that can change the rate later.