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Designing SpacesĀ® and Citibank Talk How Jumbo Loans Help Home Buyers Dream Big


Citibank lends expertise on mortgages and home buying in three-part miniseries; the first segment focuses on Jumbo Loans.

Pompano Beach, FL, April 17, 2015 --(PR.com)-- Citibank, N.A. will be featured in a three-part miniseries on the award-winning home improvement show Designing Spaces® to lend their expertise on helping homebuyers purchase the home of their dreams. Tune in to the first segment that explores Jumbo Loans airing on April 17, 2015 at 7:00 a.m. (ET/PT) on Lifetime.

The encore episode of this segment will air on June 11, 2015.

There are a lot of choices when it comes to applying for a mortgage, and Karen Mayfield, Division Lending Executive, from Citibank will explain how the right mortgage may make owning a dream home possible.

Citibank offers home loans for qualifying consumers to accommodate a wide range of loan amounts, including jumbo loans, defined as loans that exceed $417,000 in most parts of the country or $625,000 in certain high cost markets. While some people need a jumbo mortgage to purchase their first home, most consumers are purchasing a “move up” home with a jumbo mortgage.

To help make the home search easier, Mayfield recommends that home buyers request a no-cost SureStart® Pre-Approval(1) from Citibank to help determine how much money they are conditionally approved to borrow, let the home buyers know their price range before the shop for a home and allow them to make a stronger purchase offer. Viewers will also learn about other benefits of Citibank programs, such as relationship pricing which offers reduced interest rates and savings on closing costs for Citibank customers who have qualifying deposit accounts.

Ms. Mayfield said, “Citibank offers an On-Time Closing Guarantee. This guarantee underscores Citibank’s confidence that we have the right people, processes and products to help borrowers on their journey to homeownership.”

As a global bank with a local presence, Citibank offers a variety of mortgage programs to fit the needs of most homebuyers. A mortgage enables home buyers to enjoy the house of their dreams and a jumbo mortgage helps them to dream big.

For more information, please visit: www.citibank.com

(1) SureStart is a registered service mark of Citigroup Inc. Final commitment is subject to verification of information, receipt of a satisfactory sales contract on the home you wish to purchase, appraisal and title report, and meeting our customary closing conditions. This offer is not a commitment to lend and is subject to change without notice. There is no charge for the SureStart pre-approval, but standard application and commitment fees apply.

About Designing Spaces® on Lifetime
Entering its 11th year, Designing Spaces continues to be one of America’s favorite home improvement shows. The show inspires viewers on decorating ideas, do-it-yourself projects and step-by-step home improvements to help make every space count and provide solutions to help you enjoy the space you live, work and play in. Designing Spaces Family of Spaces includes Think Green Spaces, Kids Spaces and its widely popular Spaces of Hope which prides itself on assisting people and places in dire need of a makeover including children’s shelters, animal shelters, homes for military families and more. Designing Spaces airs Thursdays and Fridays at 7:00 a.m. (ET/PT) on Lifetime Television. To view special segments visit: www.designingspaces.tv

For more information about O2 Media Inc. Branded Entertainment, Product Placement and TV Brand Integration, please go to: http://o2mediainc.com/Pages/187/Branded-Entertainment

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Contact Information
O2 Media, Inc.
Pam Steele-Unger
(954) 691-1102
Contact
www.o2mediainc.com

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