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Loan Rates

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The Coatesville Savings Bank has available at the borrower’s request, copies of the loan underwriting policy to which the Savings Bank adheres.

The Savings Bank will consider applications for 10-year, 15-year and 30-year conventional mortgage loans on owner-occupied, residential properties in Chester, Lancaster and adjacent counties in Pennsylvania. The Bank’s lending limit equals $2,112,685.00 to one borrower. Non-owner occupied properties will be considered. Please call for further information.

All rates are effective 7/8/2013 and are subject to change without notice.

CONVENTIONAL:

Terms	Interest Rate	APR*	Points	Sample Payment**
10 Years - 90% + PMI**	3.375%	3.697%	0.00%	$983.01
15 Years - 90% + PMI**	3.750%	4.062%	0.00%	$727.22
30 Years - 90% + PMI**	4.500%	4.904%	0.00%	$506.69

*APR assume a $100,000. loan amount with 20% down, 0 points and no odd days interest. The sample payment is based on principal and interest only. Other rates are available. CERTAIN CONDITIONS DO APPLY. PLEASE CONTACT YOUR LOCAL BRANCH FOR MORE DETAILS.

**Payments do not include amounts for taxes and insurance premiums, if applicable, and that the actual payment will be greater.

Appraisal Fees:	$400.00 - Refinance and Purchase
	$400.00- Construction with no draws + $90.00 Final Inspection
	$400.00 - Construction with draws + 500.00 Inspection Fees plus closing costs

First Time Buyers:	¼ % rate reduction;30-year conventional term with automatic payment from a CSB checking account.

HOME EQUITY LOANS:

The Savings Bank will consider Home Equity Loans on single-family residential properties. The maximum limit is $100,000. Applications for greater amounts are subject to Board approval and a rate premium.

Terms	Interest Rate	APR*	Sample Payment **

5 Years **	4.500%	4.612%	$1,864.30
10 Years **	5.125%	5.191%	$1,066.78
15 Years **	5.750%	5.797%	$830.41

*APR and sample payment assume a $100,000. loan amount with 20% down, 0 points and no odd days interest. Other rates are available. CERTAIN CONDITIONS DO APPLY. PLEASE CONTACT YOUR LOCAL BRANCH FOR MORE DETAILS.

**Payments do not include amounts for taxes and insurance premiums, if applicable, and that the actual payment will be greater.

HOME EQUITY LINE OF CREDIT-PRIME-ARM

Maximum amount borrowed - $100,000 (Applications for greater amounts are subject to Board approval and a rate premium)
Customer will need to cover cost of checks for advances on line of credit
Checks are available at the customers cost
Variable interest rate based on prime rate
Re-adjusts every month end - Current APR - 3.25% - Maximum APR that may be imposed is 18%
Contact us for more information on term agreement
Property insurance is required
Interest paid may be tax deductible – consult your tax advisor

SECURED SHARE LOANS:

Can borrow up to 90% of the base amount of a certificate of deposit held with the bank
Interest rate will be 2% above the interest rate of the certificate.
Terms may vary
Contact us for more information

PERSONAL LOANS:

Terms	Interest Rate	APR*	Sample Payment

1 Year **	11.500%	11.500%	$886.15
2 Years **	11.750%	11.750%	$469.57
3 Years **	11.990%	11.990%	$332.10

Fixed Rates
Loans up to $10,000.00

**APR and sample payment assume a $10,000. loan amount and no odd days interest.

Ask our Loan Department for more information on rates, terms & fees

The Coatesville Savings Bank has a policy of non-discrimination in lending on the basis of race, color, national origin, religion, sex, marital status, familial status, handicap status, age, or the receipt of public assistance, the borrower's good-faith exercise of rights under the Consumer Credit Protection Act. The Federal Agency that administers compliance with this law concerning this creditor is:

FDIC - Consumer Response Center, 1100 Walnut Street, Box # 11, Kansas City, MO 64106

Rates are subject to change without notice

Effective Date - July 8, 2013

*APR = Annual Percentage Rate

*Subject to Credit Approval

Questions? Contact Us!