Questions? Need Help?

Beulah office:
(231) 882-4462

Benzonia office:
(231) 882-4476


Home Equity Loans

If you're thinking about buying a new car, completing home improvements, financing education costs, or consolidating existing debt, a Central State Bank Home Equity Loan could make good financial sense. Interest on your Home Equity Loan might be 100% tax-deductible and you'll borrow at a low fixed rate, with up to 15-year financing.

Great Tax Savings
One of the best reasons for borrowing with a Home Equity Loan is that, while federal tax reform has phased out deductions on credit card and other consumer loan interest, home equity loan interest may be fully tax-deductible up to the purchase price of your home plus improvements. (Check with your tax advisor for details.)

24-hour Approval
Call the loan officer at your Central State Bank office or stop by and pick up a Home Equity application form. Your loan officer can answer any questions and help you complete the form. In most cases, we'll process your Home Equity application in 24 hours or less.