Chelsea State Bank’s Jim Sykes, VP Branch Manager, Jackson Banking Center, and Erin DuBois, VP Commercial Banker, talk about consumer loans and Chelsea State Bank’s community impact in Jackson, MI...

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When looking for extra money today, there are two popular options many consumers consider – a home equity line of credit (HELOC) and a personal loan. From home improvements to debt consolidation, th...

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When looking to remodel your home, consolidate debt, pay off student loans, buy an RV, pay taxes, or just have money for an emergency – a home equity loan is an ideal way to borrow money for these d...

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When considering the factors that influence the approval of a home equity loan, and for any loan actually, the number one thing that your financial institution will consider is your creditworthiness, ...

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When you’re in the market for a home equity loan, your bank will want to know about your current mortgage and your creditworthiness. That is, have you made your mortgage payments on time, have you b...

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A home equity line of credit – or HELOC, the acronym commonly heard – is one of the best kept secrets if you are a homeowner. A HELOC allows you to borrow money from the equity you have in your ho...

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You can, but it is difficult. That’s the short answer. Home equity loans and home equity line-of-credit loans or HELOC provide you with cash using the equity you have built up in your home. However,...

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As you build equity in your home, you start to see certain benefits, such as the possibility of opening a home equity line-of-credit (HELOC). This type of loan borrows against your equity to give you ...

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When looking at line-of-credit options and home equity loans, it’s important to understand that the main difference is the feature. A home equity loan is a single disbursement that requires a fixed ...

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