Are you ready to buy a new home?
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
Home Equity Line of Credit (HELOC)
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.)
A Citizens State Bank HELOC features:
- Lines from $10,000, based on the amount of equity you have in your house
- Access to your credit line for 10 years without reapplying
- No application fee
- Variable interest rates
- Revolving loan funds you can access multiple times
- Easy access to your funds using specialty checks or digital banking
- Digital Banking allows you to view your loan balance, monitor transaction history and make payments with free Bill Pay
To learn more, or to determine if a HELOC is right for you, just complete this form and a lender will be in touch.
Mortgage Loan Application Checklist
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
What's your home worth in today's market?
If you own a stock, you can probably go online and quickly look up its current value. What about your home?...read more
Welcome Melissa Volz-Smith
Melissa Volz-Smith has joined our Carmel office as a Regional Mortgage Loan Officer....read more
6 Tips for Saving for Your Mortgage Downpayment
When considering buying a home, the down payment you put upfront plays a major role in your future housing expenses. According...read more
What is Mortgage Protection Insurance?
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
Steps to Take Between Mortgage Closing and Moving Day
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
7 Things to Avoid Before Closing Your Mortgage Loan
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
Making an Offer on a New Home
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
Time to Refinance Your Mortgage?
Refinancing can help you get the most from your mortgage payment - is this the right time for you to refinance your loan?...read more
Advantages of a Mortgage Pre-Approval
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)
Private Mortgage Insurance (PMI) is usually required when you have a conventional loan and your down payment is less than 20%...read more
5 Reasons You Should Have a Mortgage Review
Scheduling a mortgage review is one of the best financial decisions you can make....read more
Finding the Right Mortgage Lender for You
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
What is a Mortgage Review?
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
What should I know about Commercial Mortgages?
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
Home Buying Journal
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
Welcome Ken Hall
Citizens State Bank is pleased to announce Ken Hall has...read more
