Home Equity Loans

 

Let your equity work for you! Conneaut Savings Bank gives you more ways to use the equity in your home with fixed rates and fixed terms available, chose your term up to 15 years. With a Home Equity Loan you might be able to save money on our special low, locked-in interest rate that could be 100% tax-deductible (consult your tax advisor). You’ll enjoy the convenience of affordable monthly payments over a fixed time period and you might be able to save even more by paying off higher interest obligations such as department store charges.

With our Home Equity Credit Line ,start that home improvement project, buy that car, take that vacation, or pay for college. The possibilities are endless. You can also enjoy lower interest rates and tax savings benefits… and whenever you need money, just simply write one of your credit line checks.

To find out whether you’re in a good borrowing position, and the maximum amount you should be able to borrow, take our One-Minute Home Equity Loan Test. You might also want to order your Credit Report to make sure you’re in good standing. Then, call us. We’ll get back to you right away with the answer you need.

 

Rates are accurate as of today.

Saturday’s by appointment only.

 

Home Equity Loans

TermRateAPR*Payment
60 Months Fixed
First Mortgage
4.124%4.224%*$370.04
60 Months Fixed
Second Mortgage
4.374%4.474%*$372.34
120 Months Fixed
First Mortgage
4.124%4.178%*$204.01
120 Months Fixed
Second Mortgage
4.374%4.429%*$206.43
180 Months Fixed
First Mortgage
4.124%4.163%*$149.44
180 Months Fixed
Second Mortgage
4.474%4.513%*$153.02
The above payments are based on a $20,000 loan amount.

Maximum Loan amount is $200,000

Rates Subject to Change Without Notice.
Subject to Credit Approval. Your Rate may be higher. Additional terms may apply.

*APR refers to Annual Percentage Rate based on simple interest.

Your APR will vary based on your final loan amount and actual finance charges.

The listed APR includes a $150 origination fee.

Loan is for one or two-unit primary residences, not to be used on purchase transactions or other property types.

The rate varies based on credit score and other underwriting considerations. Stated rate is based upon a credit score of 740 or above.

Interest rate and annual percentage rate (APR) are subject to change without notice. Interest rate, APR and terms may vary based on the creditworthiness of the borrower, loan-to-value ratio. Subject to credit and property approval. Additional terms apply.

 

CONTACT US

 

 

Lost/Stolen ATM Card

If your ATM/Debit card is lost or stolen, please contact us at 1-888-453-2311. After regular business hours, please call 1-800-554-8969 to receive immediate assistance.