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Are you shopping around for a new home, or a vacation home? 

Learn how we can pay up to $550* for your appriasal with our "Buyer's Helping Hand" program!  Contact us to learn more!

*Appraisal assistance will be received in the form of lender credit reflected on the Closing Disclosure and will only apply if the type of loan requires an appraisal.  Application must be received by 5pm on or before 7/31/2023.  Loan must close at Chelsea State Bank.  Not available for Home Equity Lines of Credit.

Achieve the dream of homeownership here in Michigan — with the help of a local bank you know and trust.


Key Features

  • Variety of Financing Programs
  • Competitive Rates
  • Refinancing Available
  • Friendly Service
  • Purchase or refinance your Michigan dream home with us
  • Competitive rates for purchase, refinance, or construction
  • Available for primary residence, second homes, vacation homes, or investment properties
  • No application fee, easily apply online
  • A wide range of terms customized to your unique situation
  • Variety of financing programs available:
    • First-time homebuyer specials
    • Fixed-rate mortgages
    • Balloon Loans
    • FHA Loans
    • Construction Loans
  • Helpful loan advisors with working knowledge of the Ann Arbor area real estate market
  • Free pre-qualification for extra confidence when buying your home
  • Refinance your current home to potentially lower your rate
  • Fast, local decisions made here in our Chelsea and Dexter communities
  • Attentive, friendly service from start to finish

About Our Loan Team

Our local lending professionals are here to help you make the best loan decision for your goal and financial situation. Whether a Home Equity Line of Credit or a personal loan, we have the right option for any situation. Loan decisions are made locally, so you will not be waiting around for days and weeks to get a response from one of our lending professionals.

Fixed-Rate Mortgage

Know what your mortgage payment is going to be every month for the life of the loan. 

Your payment always remain the same, helping you to plan and budget, staying on track with payments. Chelsea State Bank offers a variety of terms to give you choices in both payment amount and when you make the final payment on your home. 

Advantages to a Chelsea State Bank fixed-rate mortgage include: 

  • Fixed payment every month
  • Clear terms and pay-off date
  • Pre-qualification
  • Partnership with trusted CSB mortgage expert

Balloon Loans

For some customers, a balloon mortgage is just what they need to achieve their dreams.

It’s not for everyone, but for those who are interested in this more unique way of financing, CSB is your bank to help make it happen. A balloon loan is perfect for those who are planning to refinance or sell property before the loan matures. 

FHA Loans

Fantastic financial gains with a long term and a fixed rate. Minimal cash investment up front. 

FHA mortgages are government insured and provide a great financing option to those who need a lower down payment or more flexible credit requirements.

A mortgage backed by the Federal Housing Administration (FHA) provides a way for those who do not meet the requirements of a conventional mortgage to still be able to purchase their own home. Private Mortgage Insurance (PMI) is required. Highlights of a FHA loan include:

  • Lower down payment requirements
  • Up to 6% Seller assistance toward Buyer’s closing costs & prepaids allowed
  • Lower credit requirements for applicant(s)
  • Down payment money may be gifted from family

Construction Loans

Construction loans allow you to purchase your land, build your home, and transfer to a permanent mortgage when your dream home is complete.

The best part is that everything can be done with Chelsea State Bank. It is a seamless process from buying your property, beginning construction, and then converting the construction loan to a mortgage. If you’ve been thinking of building your custom dream home, then a Construction Loan is perfect for you!

Learn more about our construction loans


Still have questions? No problem — simply contact us!

Ready to Build, Move, or Remodel? Meet With a Lender!

Even with the loan calculators and helpful guides on our website, it is still incredibly helpful to meet with a mortgage lender in person. 

With locations in Chelsea and Dexter, the lenders at Chelsea State Bank are available to meet and discuss your plans and financing options.

During your meeting, you will receive:

  • Tailored advice from a local lender
  • A meeting with a lender to explore your loan options
  • Explanation of total costs in your decision

Request a Meeting

Our Buyer’s Edge gives you a competitive advantage to get the house of your dreams before it’s too late in this hot real estate market.

It lets everyone know you are qualified for a mortgage you can afford. Your real estate agent can direct you once you have serious buying power. Sellers will be more responsive when you are a pre-qualified prospect. While we approve your mortgage application, you can be looking for the perfect home. 

Begin Your Pre-Qualification Now

The Chelsea State Bank local lending team is ready to quickly get your mortgage pre-qualification process in motion. Tell us some quick information about yourself and a member of our lending team will quickly be in touch.

Start Your Fast Pre-Qualification Request

The Buyer’s Edge at Chelsea State Bank is a mortgage pre-qualification request program. All pre-qualifications and mortgage loans are subject to approval of credit. Final loan approval is contingent on property appraisal, clearance of title and confirmation of current loan application information. Equal Housing Lender.