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offers fixed rate loans for home improvements.
Does your home need some repairs?
CHIP is a special lending plan that enables qualified
home owners to borrow
up to $10,000 for home
improvements.
Total amount borrowed on your home can be up to
95% of its value.*
CHIP loans are for a maximum of five years at competitive fixed rates.
You don't need to have a mortgage at Community
to apply for
a CHIP.
*For example: a $10,000 CHIP loan with a term of 5 years will have a
monthly payment of $198.02 with a corresponding annual percentage rate
(APR) of 7.091%. Maximum loan amount is the lesser of $10,000 or 95% of
the value of the property.
All loans are subject to Community’s underwriting standards.
Financial services provided for local customers. All
accounts must ©2002 Community Savings Bank and Southward
& Associates
be opened in person. Other terms, conditions and restrictions apply.
For current rates call Total Service Connection at 773.685.3947.
