Over the past few years "home" has taken on a whole new meaning. We're asking more from our spaces, whether it's serving as an office, a classroom, or a cozier refuge. If you'd like updates, an expansion, or peace of mind knowing you have access to funds in case of an emergency, a home equity line of credit (HELOC) might be right for you.
A HELOC lets you use the equity you have in your home as collateral to access funds if - and when - you need them. You choose the amount(s), so you can use as much, or as little, of the line of credit as you need. The interest rate is generally lower than is available with other types of loans and the interest you pay may be tax deductible. (Talk to your tax advisor for details.)
June is National Homeownership Month, and Citizens State Bank - with the Independent Community Bankers of America (ICBA) - are encouraging current and prospective homeowners to consult their trusted local lender....read more
A new home is the largest purchase most of us will make, so it's not a decision to be taken lightly. People often say renting is a waste of money, but it...read more
Once you find a home you love and the seller accepts your offer, it’s time to apply for your mortgage loan. (Unless you were pre-approved.) You’ll start by selecting a lender and...read more
If you own a stock, you can probably go online and quickly look up its current value. What about your home?...read more
Melissa Volz-Smith has joined our Carmel office as a Regional Mortgage Loan Officer....read more
When considering buying a home, the down payment you put upfront plays a major role in your future housing expenses. According...read more
Your home is one of the biggest investments you’ll ever make, which is why families carrying a mortgage often purchase mortgage disability and/or life insurance. If one of the breadwinners...read more
There's a lot to do between closing on your mortgage and moving into your new home, but where should you start? This checklist will help you get organized....read more
You've been pre-approved for a mortgage loan, but you haven't closed on your loan. Here are seven things you should avoid until you do....read more
Let's say you've been pre-approved for a mortgage and found a house you want to buy. Making an offer on a new home is a process filled with hope, excitement, and anxiety, but it helps...read more
Refinancing can help you get the most from your mortgage payment - is this the right time for you to refinance your loan?...read more
For many people, the first step in buying a home is finding a real estate agent. While this is an important step, it’s actually better to initially meet with a lender to see if you can get pre-approved...read more
Private Mortgage Insurance (PMI) is usually required when you have a conventional loan and your down payment is less than 20%...read more
Scheduling a mortgage review is one of the best financial decisions you can make....read more
A home is one of the most expensive purchases we'll make, and most of us need to borrow money to make it possible. The right lender can make the process much better....read more
When you applied for your mortgage, you probably did some homework to make sure you got the best deal. But do you know if that loan is still the best fit for you?...read more
If you’ve realized your rent is too high, you’ve outgrown your office space, or you have a balloon payment coming up, you’re probably...read more
As someone who writes blog articles and works for a bank, I thought I’d share my home buying experience. So, here goes…...read more
Citizens State Bank is pleased to announce Ken Hall has...read more
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