Home Equity Loans & Lines of Credit
Terms Home Equity Loans Home Equity Prime Lines
Benefits/Uses Used for specific, immediate expenses such as home improvement, auto purchase, debt consolidation, vacation – you decide. 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 NYP*
Terms Up to 10 years 10 Years
Minimum amount you can borrow $2,000 $5,000
Maximum Loan Amount*** Up to 90% Up to 90%
Payment Options Fixed monthly payments for length of the loan 1% Active Principal Balance

*NYP = New York Prime as published in the Wall Street Journal 
**Making only minimum payments may result in a balloon payment of the outstanding principal balance at maturity.
***Loan to value includes all loans on the collateral, value is determined by CSB.

NMLS

All CSB loan consultants and officers are registered on the Nationwide Mortgage Licensing System and Registry.
CSB NMLS Registry

Loan Error Resolution and Information Requests

Requests for information or for error resolution should be mailed to:

Community State Bank
Attn: Loan Error Resolution
817 N Ankeny Blvd
Ankeny, IA 50023

Requests must include your name, loan number, and a description of the error or information being requested.