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We reserve the right to change rates, terms, and conditions without notice. Subject to credit approval.
The Commercial & Savings Bank
Home Loan Rates
- Tab 1
Adjustable Rate
Mortgage (ARM) - Tab 2
Fixed Rate
Mortgage - Tab 3
Second Mortgage/
Home Equity Loans - Tab 4
Home Equity
Line of Credit - Tab 5
Vacant Land Loans
- Tab 6
Rates, terms, and conditions apply to applications received by December 24, 2024. The Bank reserves the right to change rates, terms, and conditions without notice. Subject to credit approval. Loans must be secured with a 1-4 family, owner-occupied dwelling. Proof of hazard insurance is required at closing.
Rates shown are for applicants with credit scores between 680 and 779. Applicants with higher or lower credit scores may have different terms available. All loans subject to approval. All applications are welcome, contact a local expert to obtain rates and terms.
| Terms | 1/1 ARM | 3/1 ARM | 5/1 ARM | 15/1 ARM |
|---|---|---|---|---|
| Max Term (Months) | 360 | 360 | 360 | 360 |
| Max LTV 1 | 80% | 80% | 80% | 80% |
| Points 2 | 0 | 0 | 0 | 0 |
| Simple Interest Rate 3 | 6.375% | 6.500% | 6.625% | 7.625% |
| Example Payment Amount 4 |
$935.80
|
$948.10 | $960.47 | $1061.69 |
| Example Annual Percentage Rate (APR) 5
(as low as)
|
7.465% | 7.307% | 7.215% | 7.682% |
|
Estimated Payment 6
(per $1,000 borrowed)
|
$6.24 | $6.32 | $6.40 |
$7.08
|
1 Per CSB policy, Loan-to-Value (LTV) is based on the lesser of the purchase price or appraised value.
2 Points are equivalent to a certain percentage of your loan amount. One point equals one percent of your loan.
3 Variable rate. Subject to change after consummation with a maximum increase of 6.00% over the life of the loan and is subject to a floor rate.
2 Points are equivalent to a certain percentage of your loan amount. One point equals one percent of your loan.
3 Variable rate. Subject to change after consummation with a maximum increase of 6.00% over the life of the loan and is subject to a floor rate.
4 Example payment for a $150,000 loan amortized at the stated simple interest rate over the maximum term. Taxes and insurance not included. Your payment obligation will be higher.
5 Annual Percentage Rate (APR) for a $150,000 loan amortized at the stated simple interest rate over the maximum term. APR includes prepaid finance charges of $1,100. PMI (Private Mortgage Insurance) may be required for loans w/LTVs in excess of 80%. Other customary closing costs apply.
6 Estimated payment per $1,000 borrowed at the stated simple interest rate amortized over the maximum term.
5 Annual Percentage Rate (APR) for a $150,000 loan amortized at the stated simple interest rate over the maximum term. APR includes prepaid finance charges of $1,100. PMI (Private Mortgage Insurance) may be required for loans w/LTVs in excess of 80%. Other customary closing costs apply.
6 Estimated payment per $1,000 borrowed at the stated simple interest rate amortized over the maximum term.
ARM reflects an Adjustable Rate Mortgage subject to interest rate changes on a 1 year interval after initial period of 1,3,5, or 15 years.
Maximum loan amount of $766,550. Rates, terms, and conditions apply to applications received by December 20, 2024 and closed no later than February 3, 2025. The bank reserves the right to change rates, terms, and conditions without notice. Subject to credit approval. Loans must be secured with a 1-4 family, owner-occupied dwelling. Proof of hazard insurance is required at closing.
All loans subject to approval. All applications are welcome, contact a local expert to obtain rates and terms.
| Terms |
30 Year
Max Term - 360 month
|
|
|---|---|---|
Max LTV 1 |
80% |
80% |
Points 2 |
0 |
.250 |
Simple Interest Rate 3 |
6.625% |
6.500% |
Example Payment Amt4 |
$1,280.62 |
$1,264.14 |
Example Annual Percentage Rate (APR) 5 |
6.712% |
6.610% |
Estimated Payment 6 (Per $1,000 borrowed) |
$5.69 |
$5.62 |
| Terms |
20 Year
Max Term - 240 month
|
|
|---|---|---|
Max LTV 1 |
80% |
80% |
Points 2 |
0 |
.250 |
Simple Interest Rate 3 |
7.000% |
6.875% |
Example Payment Amt4 |
$1,550.60 |
$1,535.63 |
Example Annual Percentage Rate (APR)5 |
7.116% |
7.023% |
Estimated Payment 6(per $1,000 borrowed) |
$6.89 |
$6.83 |
| Terms |
15 Year
Max Term - 180 month
|
|
|---|---|---|
Max LTV 1 |
80% |
80% |
Points 2 |
0 |
.250 |
Simple Interest Rate 3 |
6.625% |
6.500% |
Example Payment Amt4 |
$1,755.99 |
$1,742.21 |
Example Annual Percentage Rate (APR)5 |
6.767% |
6.682% |
Estimated Payment 6 (Per $1,000 borrowed) |
$7.80 |
$7.74 |
1 Per CSB policy, Loan-to-Value (LTV) is based on the lesser of the purchase price or appraised value.
2 Points are equivalent to a certain percentage of your loan amount. One point equals one percent of your loan.
3 Fixed rate.
4 Example payment for a $200,000 loan amortized at the stated simple interest rate over the maximum term. Taxes and insurance not included. Your payment obligation will be higher.
5 Annual Percentage Rate (APR) for a $200,000 loan amortized at the stated simple interest rate over the maximum term. APR includes prepaid finance charges of $1,777 (with additional points where indicated). PMI (Private Mortgage Insurance) may be required for loans with LTV in excess of 80%. Other customary closing costs apply.
6 Estimated payment per $1,000 borrowed at the stated simple interest rate amortized over the maximum term.
Rates, terms, and conditions apply to applications received by December 24, 2024. The Bank reserves the right to change rates, terms, and conditions without notice. Subject to credit approval. Loans must be secured with a 1-4 family, owner-occupied dwelling. Proof of hazard insurance is required at closing.
Rates shown are for applicants with a credit score of at least 780. Applicants with lower credit scores may have different terms available. All loans subject to approval. All applications are welcome. Contact a local expert to obtain rates and terms.
| Terms | 1-5 Yrs | 6-10 Yrs |
|---|---|---|
Max LTV - 80% 1,2 |
||
Simple Interest Rate |
7.375% |
7.500% |
Example Variable Annual Percentage Rate (APR) 3 |
7.928% |
7.798% |
Example Payment Amount |
$499.47 |
$296.75 |
Estimated Payment 4
|
$19.98 |
$11.87 |
Max LTV - 90% 1,2 |
||
Simple Interest Rate |
9.875% |
10.000% |
Example Variable Annual Percentage Rate (APR)3 |
10.441% |
10.313% |
Example Payment Amount |
$529.64 |
$330.38 |
Estimated Payment 4
|
$21.19 |
$13.22 |
1 Per CSB policy, Loan-to-Value (LTV) is based on the lesser of the purchase price or appraised value.
2 To qualify for a LTV of 90% or higher, a credit score of 750 is required.
3 Annual Percentage Rate (APR) for a $25,000 loan amortized at the stated simple interest rate over the maximum term. APR includes prepaid finance charges of $325. Total closing costs are $999. Title insurance must be purchased on loans above $250,000 at an additional cost.
4 Estimated payment per $1,000 borrowed at the stated simple interest rate over the maximum term.
2 To qualify for a LTV of 90% or higher, a credit score of 750 is required.
3 Annual Percentage Rate (APR) for a $25,000 loan amortized at the stated simple interest rate over the maximum term. APR includes prepaid finance charges of $325. Total closing costs are $999. Title insurance must be purchased on loans above $250,000 at an additional cost.
4 Estimated payment per $1,000 borrowed at the stated simple interest rate over the maximum term.
Rates, terms, and conditions apply to applications received by December 24, 2024. The Bank reserves the right to change rates, terms, and conditions without notice. Subject to credit approval. Loans must be secured with a 1-4 family, owner-occupied residence. The minimum payment will result in a balloon payment at maturity. Proof of hazard insurance is required at closing. Consult your tax adviser regarding interest deductibility.
All loans subject to approval. All applications are welcome, contact a local expert to obtain rates and terms. Applicants with lower credit scores than those indicated below may have different terms available.
| Product | Annual Percentage Rate (APR) and Conditions |
|---|---|
HELOC with Maximum of 80% Loan To Value (LTV) |
|
$10,000 - $19,999 |
8.750 APR (Prime + 1.00) OR 8.500 APR (Prime +.75) representing a .25% rate reduction with an automatic payment from a CSB depository account.* To obtain these rates, a credit score of 720 or higher is required. |
$20,000 - $49,999 |
8.250 APR (Prime + .50) OR 8.000 APR (Prime + .25) representing a .25% rate reduction with an automatic payment from a CSB depository account.** To obtain these rates, a credit score of 720 or higher is required. |
$50,000 - above |
8.000 APR (Prime + .25) OR 7.750 APR (Prime + 0) representing a .25% rate reduction with an automatic payment from a CSB depository account.*** To obtain these rates, a credit score of 720 or higher is required. |
$50,000 - above |
7.750 APR (Prime + 0) OR 7.500 APR (Prime - .25) representing a .25% rate reduction with an automatic payment from a CSB depository account.*** To obtain these rates, a credit score of 760 or higher is required. |
HELOC with Maximum of 60% Loan To Value (LTV) |
|
$50,000 - above |
7.500 APR (Prime - .25) OR 7.250 APR (Prime - .50) representing a .25% rate reduction with an automatic payment from a CSB depository account.**** To obtain these rates, a credit score of 760 or higher is required. |
Minimum loan balance $10,000.
*The annual percentage rate will not be less than 4.25% (floor) with a maximum of 18% over the lifetime of the loan.
**The annual percentage rate will not be less than 3.75% (floor) with a maximum of 18% over the lifetime of the loan.
***The annual percentage rate will not be less than 3.50% (floor) with a maximum of 18% over the lifetime of the loan.
****The annual percentage rate will not be less than 3.25% (floor) with a maximum of 18% over the lifetime of the loan.
1 Per CSB policy, Loan-to-Value is based on the lesser of the purchase price or appraised value.
2 Variable rate Annual Percentage Rate (APR). Subject to change after consummation.
3 A $75.00 annual fee will be assessed beginning with the first cycle date after closing and annually thereafter.
4 If paid off and closed within the first 3 years, a pre-payment penalty of 1% of the original line amount up to a maximum of $500 will be assessed.
5 Appraisal and underwriting restrictions apply. Lines with other Loan-to-Value limits are available. Please contact your CSB loan officer for details.
Rates, terms, and conditions apply to applications received by December 24, 2024. The Bank reserves the right to change rates, terms, and conditions without notice. Subject to credit approval. Purchase loans must be for consumer purpose and secured with vacant land.
Rates shown are for applicants with credit scores greater than or equal to 780. Applicants with lower credit scores may have different terms available. A down payment may be required to meet the maximum loan to value of 80%. All loans subject to approval. All applications are welcome, contact a local expert to obtain rates and terms.
| Terms1 |
3-Year Balloon
20-Year Amortization
|
|---|---|
Max LTV 2 |
80% |
Points 3 |
0 |
Simple Interest Rate 4 |
7.500% |
Example Payment Amt 5 |
$644.47 |
Example Annual Percentage Rate (APR) 6 |
8.134% |
Downpayment 7 |
$20,000 |
Estimated Payment 8 (Per 1,000 Borrowed) |
$8.06 |
1 Loan will mature in 3-years. Payment will be based on a 20-year amortization schedule. The remaining balance of the loan will be due at the end of the 3-year term. Be aware that a balloon payment of $74,832.23 will be due at the end of the 3-year term.
2 Per CSB policy, Loan-to-Value (LTV) is based on the lesser of the purchase price or appraised value.
3 Points are equivalent to a certain percentage of your loan amount. One point equals one percent of your loan.
4 Fixed rate.
5 Example monthly payment amount for an $80,000 loan amortized at the stated simple interest rate over the maximum 20-year amortization. Taxes not included. Your payment obligation may be higher.
6 Annual Percentage Rate (APR) for a $80,000 loan amortized at the stated simple interest rate over the maximum term. APR includes prepaid finance charges of $1,302 (with additional points where indicated). Other customary closing costs apply.
7 Example downpayment is based on a purchase price of $100,000 meeting the loan to value requirement of 80%, your downpayment may be higher.
8 Estimated payment per $1,000 borrowed at the stated simple interest rate amortized over the maximum term.