Citizens Borrowers Benefit From Using Local Bank.
While many regional banks are tightening their lending standards, Citizens Bank has more lending dollars available than ever before.
Many U.S. banks have made it harder for creditworthy borrowers to get a mortgage, according to a Federal Reserve survey.
The Fed’s survey found that banks have tightened lending standards on a range of mortgages. They also have tightened lending standards for businesses.
“At Citizens, mortgage and commercial lending are the
foundation of our business,” said James Nabors, Senior
Vice President, Consumer & Mortgage Lending, Citizens Bank. “We understand that times are hard and many
lenders are tightening their credit standards across the board; making it even tougher for people with good credit to get loans.”
“Citizens Bank makes it their goal to be the community’s trusted financial advisor. Their staff is trained to treat every customer’s financial matters as if they were their own, said Nabors.” “From a lending perspective, that means doing whatever we can to make sure that our customers get the loan that they need at a payment they can afford.”
