Palmetto Citizens offers its members many types of real estate loans including first and second mortgages and Home Equity Lines of Credit.

The rates quoted below are indications only and are based on certain underwriting criteria, and are subject to change without notice. Rates and terms are based on an evaluation of each member's credit history, loan-to-value (LTV), occupancy, payment type, loan amount and loan purpose, so your rate and terms may differ. All loans are subject to credit approval.

For further information or to apply, contact our Mortgage Department at 803-376-5016 or by email.

Mortgage Rates
Mortgage Loan Type Term Interest Rate APR*
First Mortgage (Fixed Rate) 15 Years 4.375% 4.530%
30 Years 4.875% 4.960%
Second Mortgage (Fixed Rate) 5 Years 6.250% 6.250%
10 Years 6.950% 6.950%
15 Years 7.750% 7.750%
Home Equity Line Of Credit** 4.000% 4.000%
Visa Equity*** 7.750% 7.750%

* 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 1.0%. 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 100% 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 APR of 3.25% is current as of July 1, 2009. 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 APR will be based on the prime rate plus a margin of 3.5% (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. The present APR of 3.25% is current as of July 1, 2009. All Credit Union loan programs, rates, terms and conditions are subject to change at any time without notice.