Can I pay off my home equity loan early? Are there any prepayment penalties?

Asked 6 months ago
Yes, you can pay off your Citibank home equity loan early without incurring any prepayment penalties. At Citibank, we understand that circumstances may change, and you may wish to pay off your loan sooner than expected. We applaud your financial progress, and that is why we don't charge any fees for early loan repayment. Whether you have received a windfall, saving on interest costs or want the peace of mind of being debt-free, you can pay off your home equity loan at any time during the loan term. By offering this flexibility, we aim to empower our customers to take control of their financial future and achieve their goals without any unnecessary charges or penalties.
Answered Nov 1, 2023

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