Why choose a Line of Credit?
Line of credit mortgages combine a loan facility (with a pre-agreed credit limit secured by your property) with a transaction account. All your income and expenses go through the one account allowing you to easily manage your finances.

If you are disciplined with your spending – and only use the credit facility for worthwhile purposes, these loans can be real money savers. With a line of credit, once you reduce your balance, you are able to withdraw money to your approved credit limit as often as you want. This money could be used to make investments and grow your assets, which means you reach your financial goals sooner.

What to look for
Line of credit loans should offer a wealth of features designed to help you make the most of your home equity. Some essentials are the ability to draw down funds with ease, and the option to split the loan into other accounts, where the funds are used for different purposes.

Citibank’s Mortgage Power – the power to manage your money with one account.
Citibank’s Mortgage Power lets you tap into your most powerful asset – your home equity. It combines a mortgage with a transaction account to streamline money management, along with ready access to your line of credit, letting you take advantage of wealth building opportunities when you see them.