Community State Bank

Auto/Personal Loans

	Home Equity Loans	Home Equity Primelines
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
Access to funds	Single check at funding	Online, check, phone or in person