*  Under the Rate Reduction Plan, your interest rate will be reduced by .50 or 1.00 %, depending on your initial rate, if on any one of the second, third or fourth anniversaries of the scheduled due date of the first full installment payment due date under the Note (each, an Anniversary Date) you have demonstrated a Good Payment History. You will be deemed to have demonstrated a "Good Payment History" if you: (a) have made each of the most recent 24 consecutive payments under the Note before the date the next payment was due; (b) have never been late by 91 days or more in making any monthly payments due under the Note; (c) or your Co-Borrower have not filed petitions for bankruptcy during the term of the loan and (d) have not modified the Note prior to the Anniversary Date.
** Consult your tax advisor for details.

CitiFinancial's Rate Reduction Plan is available for fully secured, fixed-rate, closed-end, first and second mortgages only.