Personal Products
Personal Home Loans
Unlock the door to your dream home with our versatile range of mortgage options. Home mortgage, home improvement, or construction – we've got you covered!
First-Time Homebuyer Programs
Fixed-Rate Mortgages
Adjusted Rate Mortgates (ARM)
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
Simple Loan Calculator
No need to crunch all of those numbers on your own! Our handy, online calculators can help with your financial forecasting.
Total Interest Paid
*This calculator is for informational purposes only, and does not constitute an offer. Results are based on estimates provided by you, and are not guaranteed to be accurate.
Adjustable Rate Mortgage (ARM)
Looking for a lower starting rate? An Adjustable Rate Mortgage (ARM) offers an initial fixed rate for a set period—then adjusts periodically based on market conditions. It’s a great option if you plan to move or refinance within a few years.
Lower Interest Rate upfront
Rate fixed for 62 months
Potential rate decreases
Adjustable Rate Mortgage
Know what your mortgage payment is going to be every month for the life of the loan.
The Adjustable Rate Mortgage program is fixed for 62 months and can change every 12 months after and your interest rate cannot increase or decrease more than 2 percentage point(s) at each adjustment and your interest rate will never be less than 3% and cannot increase more than 6 percentage point(s) above the initial interest rate over the term of the loan.
Advantages to a Chelsea State Bank fixed-rate mortgage include:
- Lower Interest Rate upfront
- Rate fixed for 62 months
- Potential rate decreases
- No prepayment penalty for early payoff
- You can refinance to switch to a fixed-rate mortgage
Simple Loan Calculator
No need to crunch all of those numbers on your own! Our handy, online calculators can help with your financial forecasting.
Total Interest Paid
*This calculator is for informational purposes only, and does not constitute an offer. Results are based on estimates provided by you, and are not guaranteed to be accurate.
FHA Loan
Fantastic financial gains with a long term and a fixed rate. Minimal cash investment up front.
Lower Down Payment Requirements
Lower Credit Requirements for Applicant
Down Payment May be Gifted from Family
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
Medical Professional Home Loan Program
Prescribing Financial Wellness: Home Loans for Medical Professionals! You take care of others, so let us take care of you! Introducing our exclusive program for medical professionals, tailored specifically for you.
Who Qualifies?
- Licensed Physicians:
- Designation of MD or DO
- Licensed Residents, Fellows, and New Physicians:
- Designations of MD or DO -or- Scheduled to begin Residency/Fellowship within 90 Days of Closing
- Doctor of Veterinary Medicine:
- Designation of DVM
- Dentist:
- Designation of DDS (Doctor of Dental Surgery) & DMD (Doctor of Medicine in Dentistry or Doctor of Dental Medicine)
- Certified Nurse Anesthetist
- Certified Nurse Practicioner
- Pharmacist PHD
- Psychologist PHD
- Physician Assistant
Home Construction Loan
Sometimes the best way to get the home you really want is to build it yourself. Fortunately, we can help you with that.
Primary Residence or Second Home
Construction Draws Applied in Stages
Convenient Loan Option
- Competitive rates for your home construction project
- Provides more convenience — especially toward the end of the construction phase and the beginning of permanent mortgage
- Payments are made on the amount drawn on your loan
- Construction draws applied in stages based on work completed
- Fast, local decisions made here in our Chelsea and Dexter communities
- Attentive, friendly service from start to finish
Home Equity Loan
Turn your home into a launchpad for your dreams with our home equity loans! Whether it’s a kitchen makeover, a dream vacation or other project – convert equity into a lump-sum loan – or cash you can use on an ongoing basis.
Accommodating repayment terms
Interest paid may be tax deductible*
Convert equity in your home into cash
*Consult a tax advisor
- Competitive rates for several short-term or one-time needs:
- Major life events
- Home remodel projects
- Debt consolidation
- And much more
- The existing equity in your home is used as collateral backing
- Fast, local decisions
- Attentive, friendly service from start to finish
Simple Loan Calculator
No need to crunch all of those numbers on your own! Our handy, online calculators can help with your financial forecasting.
Total Interest Paid
*This calculator is for informational purposes only, and does not constitute an offer. Results are based on estimates provided by you, and are not guaranteed to be accurate.
Home Equity Line of Credit
Your next home project could increase your home’s value significantly. Let us help with affordable financing.
Flexible Terms to Meet your Budget
Fast, Local Decisions
Variety of Home Improvement Projects
Simple Loan Calculator
No need to crunch all of those numbers on your own! Our handy, online calculators can help with your financial forecasting.
Total Interest Paid
*This calculator is for informational purposes only, and does not constitute an offer. Results are based on estimates provided by you, and are not guaranteed to be accurate.
Meet our Lenders
Mark Burmis
Senior Vice President
NMLS ID: 401631
Erin DuBois
Vice President
NMLS ID: 685690
Dawn M. Kalusha
Vice President
NMLS ID: 441382
Jim Sykes
Vice President & Branch Manager
NMLS ID: 707408
Joe Stempek
Banking Officer
NMLS ID: 750589
Carie Tillman
Banking Officer
NMLS ID: 1560785