Close Menu
Let us help you! Call us at 330-452-9801 Call Us
eBRANCH Login Bank on your time

CSE Loans

Home Equity Options

Enjoy Your Home for all it's Worth.

With every mortgage payment you make, you're building equity in your home. Why not use it? Home equity solutions can usually provide you access to larger sums of money, for longer terms and at lower interest rates compared to other types of loans. In most cases, your interest is tax-deductible (Consult your tax advisor). You can use the equity in your home for any number of things:  

  • Consolidate Higher Interest Debt
  • Home Improvements
  • Dream Vacation
  • College Education
  • New Furniture or Appliances

CSE offers both a Home Equity loan and a Home Equity Line of Credit (HELOC). We can help you decide which is best for your needs.

  • Consider an equity product as an alternative to refinancing your mortgage
  • Avoid closing costs and other processing fees
  • Less paperwork and hassle
  • Money stays local and is serviced 100% by CSE
  • Borrow up to 90% loan-to-value
  • Rate is based on credit score and available equity (See example below)

See our Current Rates



May be right for you if…


Home Equity Loan

  • You know the specific amount of money that you need for a one-time purpose
  • Lump sum dollar amount at closing
  • Fixed payments for the duration of the loan

Home Equity Line of Credit


  • You want to borrow what you need when you need it
  • No interest is charged until you use funds
  • Convenient home equity checks that you can use whenever & wherever you need them
  • Draw period is 5 years* from date opened
  • Minimum payment is 1% of outstanding principal balance or $100*, whichever is greater, during the “Draw Period”


CSE Home Equity Lines of Credit also have:

  • Annual percentage rates that vary, up to a maximum of 18.00% APR*

Minimum monthly payments may result in a balloon payment. Balloon payments may result if the consumer makes only the minimum payments for the maximum period of time that the consumer is permitted to make such payments.






Appraised Value of Property



90% Loan-to-Value Ratio




Adjusted Property Value



90% Appraised Value of Property



First Mortgage Outstanding




Approximate Equity for Your Home Equity Loan



*APR = Annual Percentage Rate. Subject to credit worthiness and membership eligibility. Variable rate subject to change with prime rate for the duration of the line of credit. Rate may change monthly. Your home equity contract rate is variable based on Wall Street Journal Prime Rate, on your creditworthiness, and CSEFCU’s lending policies. Your rate will vary but never exceed 18.00% APR and never fall below your contract rate. Financing up to 90% of the home’s value is available. This offer is only available on owner occupied homes. Minimum credit line draw of $5,000. Property insurance required. Flood insurance may be required. No early repayment penalty. Monthly Payments will be $100 or 1% of the HELOC balance, whichever is greater. No application fee. No closing costs. No annual fee. Paying only the minimum payment may not be sufficient to fully amortize unpaid account balance by the end of the repayment period in which case, you will be required to pay your entire remaining balance in a single balloon payment on the agreed maturity date. Please contact your tax advisor to determine any tax benefits. CSE FCU may discontinue or change program without notice.
A CSE Share Account must be opened and in good standing in order to disburse a loan.
CSE FCU is an Equal Housing Lender. Federally Insured by NCUA.
All loans are subject to approval.


Let's Get Started

If you are interested in a Home Equity Loan or Home Equity Line of Credit (HELOC), please complete the form below or schedule an appointment. A mortgage expert will be in touch with you shortly.

Schedule an Appointment

9 + 6 =  

We’re Here to HelpConvenient Locations Throughout Stark County

Come Visit Us

Monday - Friday: 8am - 6pm
Saturday: 9am - 3pm
Canton Office/Operations 1380 Market Ave N
Canton, OH 44714
North Canton Branch 6879 Whipple Ave NW
North Canton, Ohio 44720
Lake Cable Branch 5414 Fulton Dr NW
Canton, Ohio 44718
Meyers Lake Branch 1235 Whipple Ave NW
Canton, Ohio 44708

Or Give Us a Call

Phone: 330-452-9801
Toll Free: 866-CSEFCU1
TellerPhone 24: 330-452-9802

CSE Routing & Transit Number 241274459

Contact Us Today

It takes a credit union to make banking easy®.

Back to Top of Page