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Citadel drops rates across the board

  • Tuesday, 04 February 2020 10:48
Citadel drops rates across the board Citadel Servicing Corporation has dropped rates by 50 basis points across all product lines and programs, the company has announced. The company has also made extreme changes to its One Month Bank Statement (OMBS) program, which allows borrowers to qualify for loan amounts of up to $7.5…
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Citadel Reduced 24-Month to Current Month or 12 Month for Bank Statement Program Evolving with the always-changing non-prime mortgage industry, Citadel Servicing Corporation has removed the 24-month bank statement as a means of qualification. The program has been superseded by allowing borrowers to qualify for loans amounts of up to $5 million by…