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 Auto/Personal Loans
- Use for a variety of purposes: large purchases, vehicles, recreational equipment, etc.
- Fixed interest rate
- Terms vary depending on type of loan and purchase
- Monthly payments that are fixed and predictable
- Loan may be secured (subject to CSB lien search) with personal collateral or a deposit account
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Home Equity Loans
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Home Equity Primelines
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| Benefits/Uses |
Used for specific, immediate expenses such as home improvement, auto purchase, debt consolidation, education, vacation – you decide. This is a one-time loan for use when you don’t expect additional financing needs in the near future. |
Ongoing source of credit to be used when and where you need it for home improvement, auto purchase, vacation, debt consolidation – you decide. Can be reused as balances are paid down. |
| Rates |
Rates are fixed for the length of the loan. |
Rate variable monthly based on NY Prime |
| Terms |
Vary |
5 years |
| Minimum amount you can borrow |
$5000 (loans as low as $2000 offered with a 1% interest increase) |
$5000 |
| Financing Loan to Value |
Up to 90% |
Up to 90% |
| Payment options |
Fixed monthly payments for length of the loan |
Interest-only*
*Making only minimum payments will result in a balloon payment of the entire principal balance at maturity
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| Access to funds |
Single check at funding |
Online, check, phone or in person |
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