Consumer Loans

Consumer loans offer competitive fixed rates and terms for home equity loans, home equity lines of credit (HELOC), autos, boats, motorcycles, RVs and personal loans. Be sure to talk to us about refinancing any of your vehicles to help save you money. Before you shop, call or visit one of our branches to get pre-approved for your consumer loan.


Home Equity Loans


Home equity loans offer fixed interest rates in a variety of terms to meet your needs, and utilize the equity in your home as the collateral. These term loans are great for projects with a fixed cost, and for borrowers who are looking for a fully amortizing loan with a stable payment. The interest paid on the loan may be tax deductible (please refer to a tax professional to determine your eligibility).


Home Equity Line of Credit (HELOC)


A Home Equity Line of Credit (HELOC) is a variable rate product that is great for projects with incremental expenses. A line of credit allows you to borrow what you need, when you need it, and pay it back on flexible repayment terms. Unlike a traditional term loan, your line remains available as you pay down the balance, meaning you do not need to re-apply to draw additional funds. Lines of credit are available in 60 month terms and have a variable interest rate based on the Prime Rate as published by the Wall Street Journal. The interest paid on the loan may be tax deductible (please refer to a tax professional to determine your eligibility).


Auto Loans


Clarkston State Bank offers financing for new and used vehicles in a variety of terms to suit your auto ownership needs. You may utilize a CSB loan for private sales or to finance a new vehicle through a dealer. We offer competitive rates and in-house loan processing to get you moving fast! Contact us or stop by one of our branches for details on the rates and terms of our auto loans, as well as details on how to apply.


Marine / Boat Loans


Clarkston State Bank provides marine financing for new and used boats, both through our branches and several local dealers. We offer competitive rates and terms as well fast, in-house loan processing to get you on the water fast. Contact us or stop by one of our branches for details on the rates and terms of our boat loans, as well as details on how to apply.


Indirect Lending


Clarkston State Bank offers Indirect Lending Opportunities to Dealerships to enhance their lending options. CSB offers competitive rates and reserves for qualified contracts.

Marine Lending & Boat Loans: CSB has become a leader in marine financing, working with boat and yacht dealers in Michigan and the Great Lakes Basin to provide the specialized financing required for a full range of vessels at competitive rates. Please contact our Consumer Lending Department to speak with an account manager to discuss CSB’s indirect lending program for boat dealers.



Alexander Gaulin

Consumer Loan Officer

6600 Highland Road
Waterford, MI 48327
agaulin@clarkstonstatebank.com
248-922-6913



All loans are subject to credit approval.

Please contact our Consumer Lending Department for details on rates, terms, and fees and to learn how to apply today at (248) 922-6913