Mortgage & Equity Loans

At Palmetto Citizens, we offer a variety of mortgage solutions to meet all your needs. We can help you with purchasing a new home, refinancing your current loan to lower your rate and payments or making home improvements.

Our local, qualified mortgage specialists are ready to assist you with:

  • Home Purchases
  • Refinancing
  • Home Equity Loans
  • Lot, Land & Manufactured Home Loans
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Mortgage Services

For Further Assistance

If you need additional help with any of our mortgage products or options, our staff is available to you. Contact us using any of the methods below.

Hours of operation:
Monday - Thursday, 9am - 5pm ET
Friday, 9am - 6pm ET

Apply at any of our offices
Email:
Phone: (803) 376-5016

First Mortgages - Conventional, fixed rate options available for 8 to 30-year terms for purchases or refinances. We also offer VA, FHA, First Time Buyer, and Credit Rebuilder mortgage loans.

Second Mortgages - Terms on this fixed rate loan may be extended up to 15 years.

Lot & Land Loans - Fixed rate loans are available to purchase or refinance land with the intent to build upon it within 10 years.

Manufactured Home & Lot Loans - We offer fixed rate loans for manufactured homes, manufactured home lots or combination of both for primary residences.

Equity Loans

Use the equity you have built in your home to help with remodeling projects, consolidating high-interest debt and more. We have a variety of low-rate equity loans to help you achieve your goals.

Home Equity Line of Credit – Our HELOC offers a low, adjustable rate and No Closing Costs!1 You can easily access this revolving line of credit over the 10-year draw period to assist with whichever purpose you need.

Visa® Equity – You will enjoy the same benefits of a Visa credit card, including earning ScoreCard® Rewards, plus a unique mortgage option. Your line of credit is secured by your home. There is no property appraisal or annual fee.

Auto, Boat & RV Equity – We also offer equity loans secured by your vehicle and the mortgage on your home.

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For Further Assistance

If you need additional help with any of our mortgage products or options, our staff is available to you. Contact us using any of the methods below.

Hours of operation:
Monday - Thursday, 9am - 5pm ET
Friday, 9am - 6pm ET

Apply at any of our offices
Email:
Phone: (803) 376-5016

1 Based on minimum approved line of credit (LOC) of $15,000; approved LOC below $15,000 requires $175 in closing costs, LOC must be opened a minimum of six months; closing costs based upon approved charges. Secured by a first or second mortgage lien on your home, which must be an owner occupied home, second or vacation home. Borrower paid title insurance may be required. The minimum LOC amount is $5,000. Repayment period based on amount outstanding: $0 - $9,999.99: ten year repayment; $10,000+: up to fifteen years repayment. May not exceed 90% of appraised value less first mortgage balance. Other restrictions may apply.

*APR = Annual Percentage Rate. Rates are subject to change at any time without notice and are not guaranteed. Other rate options may be available. Loan Example: $160,000, 7.099% APR; 360 payments of $1064.48 principal & interest. Based on Sales price of $200,000 with 20% down. Rates displayed above are based on loans secured by property located in South Carolina. This information is provided for illustrative purposes only. Your actual APR may be higher or lower based on your credit history, loan amount, property state, product features, term and loan to value ratio. Please call the Mortgage Department at 803-376-5016 for details.

**Prime Rate, as published in the Wall Street Journal, is a variable rate; as it changes, the APR on your account will also change. The APR will be based on the prime rate plus a margin of up to 4.00%. The maximum APR that can apply is 18.00%. Credit is subject to approval. A home equity line of credit is secured by a first or second mortgage lien on your home, which must be an owner occupied home, second or vacation home. The minimum loan line of credit amount is $5,000. Repayment period is based upon amount outstanding: $0 - $9,999.99 - ten year repayment. $10,000 & above - up to fifteen years repayment. Term for second/vacation home is 180 mos. The line may not exceed 90% of the appraised value less the first mortgage balance. Loan fees and closing costs vary up to $175. Flood and /or property hazard insurance may be required. Other restrictions may apply. The present Prime Rate of 7.50% is current as of December 14, 2022. All Credit Union loan programs, rates, terms and conditions are subject to change at any time without notice.

***Prime Rate, as published in the Wall Street Journal, is a variable rate; as it changes, the APR on your account will also change. The present Prime Rate of 7.50% is current as of December 14, 2022. The APR will be based on the prime rate plus a margin of 3.5% for Visa Equity Choice and 3.0% for Visa Equity Premier (minimum 7.75%). The maximum APR that can apply is 18.00%. Credit is subject to approval. A home equity line of credit is secured by a mortgage lien on your home, which must be an owner occupied home, second or vacation home. All Credit Union loan programs, rates, terms and conditions are subject to change at any time without notice.