Do MORE of what makes you MERRIER this Christmas
First Citizens is here to make your Christmas even Merrier with loans for everything you want for the season, take a vacation, purchase a new car or even a new house! Plus a chance to WIN a brand new SUV.
Featured Loan Offers
Vehicle Loans
Pull up in a fresh new ride. Whether it’s a new or used vehicle, our flexible terms make it easy to hit the road in time for the celebrations.
Mortgage
Host Christmas lunch in your new home. Enjoy competitive rates, easy application, and flexible repayment options so you can settle in just in time for the holidays.
Home Renovation
Give your home the upgrade it deserves! Whether it’s a kitchen remodel or sprucing up for holiday guests, our Home Renovation Loan offers affordable rates and flexible repayment terms to help make your home holiday-ready.
EZ Offer
Need a little extra cash for holiday shopping or last-minute expenses? Our EZ Loans are quick, convenient, and tailored to your needs, so you can enjoy the season without missing a beat.
More The Merrier Loan Offers
Do MORE of what makes you MERRIER this Christmas
Take a First Citizens More the Merrier loan and benefit from:
- Longer repayment terms
- Low interest rates
- Affordable monthly payments
- Cash back on new & used vehicles & residential mortgages
Subject to normal lending criteria. Special terms and conditions apply
Make Memories On The Road
More Merrier Moments in YOUR New Ride
- Up to 100% financing for new and used vehicles
- Longer repayment terms
- Low interest rates
- No payment for up to 3 months
- Cash back on new and used vehicles
- “One Loan” Special (Includes 1 year insurance and fees)
- Special rates for existing FC Customers, Professionals and persons purchasing a Hybrid, Electric or CNG Vehicle
Subject to normal lending criteria. Special terms and conditions apply
Get MERRIER with a Debt Consolidation Loan this Christmas
Consolidate your debt into one low monthly instalment:
- Borrow up to $350,000
- No down payment
- Affordable monthly payments
- Longer repayment terms
- Low interest rates
Subject to normal lending criteria. Special terms and conditions apply
Public Servants Loan
Unlock your financial potential with the Public Servants Loan. You can borrow up to an impressive $250,000.00 to support your financial goals.
- No down payment
- Low interest rates
- Affordable monthly payments
- Unsecured
Special Loan options available up to $400,000.00
Subject to normal lending criteria. Special terms and conditions apply
Professionals Loan
Our Professional Loan is designed with you in mind, offering the resources you need to reach new heights.
- Borrow up to $350,000.00
- No down payment
- No proof of purpose required
- Low interest rate
Special Loan options available up to $400,000.00
Subject to normal lending criteria. Special terms and conditions apply
Green Energy
Use your First Citizens loan to purchase Green Energy products and enjoy further benefits.
- Borrow up to $500,000
- Low interest rates
- No down payment
- Affordable monthly payments
- Long repayment term
Subject to normal lending criteria. Special terms and conditions apply
Celebrate the Joy in Every Small Step
More Merrier Moments in your NEW home
- Up to 100% financing
- Low interest rates
- Get cash back
- Affordable payments
Subject to normal lending criteria. Special terms and conditions apply
Get an EZ Loan with No Down Payment, No Payments for 3 Months, and No Collateral or Proof of Purpose Required!
Our EZ $30k Loan makes it effortlessly attainable!
An EZ $50k Loan is your key to success!
Your Big Plans, Made EZ with a $100k Loan!
Our EZ $150k Loan Provides Resources You Need!
Achieve the Extraordinary with an Easy $200k Loan!
Loan FAQs
What documents do I need to apply for a Loan?
- Job letter (not older than 3 months)
- Recent pay slip (not older than 1 month)
- One (1) form of valid identification
- Proof of Collateral (If applicable)
- Proof of address not older than 3 months in your name e.g. utility bill, bank statement
- If the proof of address is not in your name, you are required to produce a letter of authorization and ID for the person whose name is stated on the utility bill being used
The Bank reserves the right to request additional information/documentation if deemed necessary.
What documents do I need for a Vehicle Loan?
- Job letter (not older than 3 months)
- Recent pay slip (not older than 1 month)
- One (1) form of valid identification
- Proof of Collateral (If applicable)
- Vehicle Pro forma invoice
- Proof of address not older than 3 months in your name e.g. utility bill, bank statement
- If the proof of address is not in your name, you are required to produce a letter of authorization and ID for the person whose name is stated on the utility bill being used
The Bank reserves the right to request additional information/documentation if deemed necessary.
How do I qualify for a Loan?
Job Stability: The lender usually looks at your employment status (employed/self-employed/retired/unemployed). The length of time you have spent in your current job is important as well as other current information on your employment status.
For persons with weak Job Stability, it is recommended that you have a guarantor or co-borrower to fully secure the loan. If you are self-employed, proof of your source(s) of income is required.
Loans taken by retired persons (over 60) must be fully secured as the loan will not be insured.
Credit History: During the Loan Approval Process, a Loans Officer will review the documentation you have provided. Your past and current loan history determine your credit standing. The better your Credit Rating, the easier your chances of receiving approval for your loan.
Ability to Repay: Based on the documents provided (job letter or financial statements) the Loans Officer considers your level of income, additional sources of income alongside the current commitments you have listed on the Loan Application Form. This is done to ensure that your commitments do not exceed your current income levels.
Collateral: Typically the borrower must show that there is some form of collateral available, in the event that you are unable to repay the loan. Some examples of sources of collateral include savings, investments, assets of value and land.
If no collateral is available, a guarantor may be recommended to provide collateral. This also varies depending on your relationship with the Bank.
Please Note: Information provided on this page is intended for informational purposes only and may not reflect your personal situation. This information is not legal advice, and you may need to contact a qualified financial advisor for advice specific to your personal situation.
What are Loan Fees?
You can expect to pay one-time Transaction Fees for each loan which include the:
The Credit Check Fee is the fee customers are charged to check their credit history and current loans. This fee is $120.00.
The standard Negotiation Fee is 1.5% of the loan amount and is paid by the borrower to close the transaction. This fee is non-refundable.
The Insurance Fee is paid by the borrower to provide for any eventuality (in the event of death of the borrower)
The Deed of Release Fee is a Legal Fee paid to release properties held as collateral for a vehicle loan. This fee is paid at the end of the Loan.
The following fee is the only recurring fee:
The Mortgage Bill of Sale is another Legal Fee, however, this fee is not a one-time fee. This fee is paid by the customer every three (3) years.
Special Offers
Online Special
All customers who apply via the electronic channels will benefit from a reduced Negotiation Fee of 1.00%
October 01, 2024 – January 31, 2025
10/4/10 Offer
For 10 days in October, customers can benefit from 0.10% off their vehicle rate.
October 07, 2024 – October 18, 2024
Terms and Conditions
- *NLCB approved Promotion ends January 31st, 2025
- Subject to normal lending criteria. Special terms and conditions apply
Disclaimer
- For the duration of the More the Merrier (MTM) Promotion (September 16th 2024 to January 31st 2025), First Citizens is pleased to offer our qualified customers a minimum repayment period of 36 months and a maximum repayment period of 120 months for Consumer Loans; and up to 35 years for Residential Mortgages. The maximum Annual Percentage Rate (APR) offered is 14.25% on Consumer Loans and 6.35% on Residential Mortgages. Consumer Loan processing fee is 1.50% of the loan amount for qualified customers and the Residential Mortgage processing fee is 1.25% of the loan amount for qualified customers. Terms and Conditions Apply.