Citibank
Beware of Pre-payment penalties

Business & Finance

If you are considering a commercial real estate mortgage with Citibank, don't do it! The charge ridiculous pre-payment fees. They make the fees impossible to calculate on your own; even they have to have their loan department figure it out over a couple of days.
I have a loan with them with about 34 months remaining and the penalty would be about 88% of the total interest I would pay if I just kept on the regular payment schedule. When that loan is paid off, I'm gone!


Company: Citibank
Country: USA
State: Texas
City: Bryan
Address: 1111 Briarcrest Dr
Phone: 9792604300
  <     >  

RELATED COMPLAINTS

Countrywide
Ripped off by Countrywide representitive, told there would not be any prepayment interest penalties!

M&T Bank
Term predatory lending on commercial Mortgage

USA Payday Loan
Scammers Extraordinaire

Litton Loan Servicing LP
High interest loans, pre-payment penalty, payments applied on time

CitiBank / CitiMortgage
CitiBank Mortgage Steals money from your mortage payments / principal reduction payments Nationwide

Cash Yes
Sad Situation

Citibank
's Undisclosed Mortgage Interest on every Home Loan

Citibank
Unprofessional Conduct - credit account owned by citibank

M&T Bank
M&T Bank Term predatory lending on commercial Mortgage

Citibank Mortage
Mortgage refinancing review