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The State Bank, Fenton, Michigan
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Bank Owned Properties in Michigan

 

 Home Equity
Home   Home Equity

Thinking about remodeling your home? Consolidating your debt?

You can use the equity in your home to borrow for almost any purpose including home improvement, consolidation, large purchases or investment opportunities.  We offer both revolving Home Equity Lines of Credit and fixed rate Home Equity Loans. We'll help you make the decision for the loan that is right for you!

Home Equity Line Of Credit

This is a variable rate line of credit that you can draw against by writing a check or using a convienient debit card.  You apply once and you can borrow up to your established credit limit giving you access to your equity when you need it.  Monthly payments are based on your outstanding balance.

Contact us to learn more.

Fixed Rate Equity Loans

This loan allows you to borrow a specific amount of money for a specific period of time and payoff the balance with regular montly payments.  The advantages to this loan are a low fixed rate and a payment that never changes; making budgeting a breeze!

Contact us to learn more.

 

 

 


 
 
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