Consumer Loans
We offer all types of consumer loan products, some of which are listed below.
- Automobile and Recreational Loans
- Personal and Household Expenditure Loans (Education, Vacation, etc.)
- Mobile Home Loans (purchase or refinance)
Commercial Loans back to top
Whether you have small business needs or large corporate needs, The
Bank of Clarendon has a product or service to fit your requirements.
- Farm Loans
- Real Estate Loans
- Business Improvement Loans
- Working Capital Loans
- Equipment Loans
- Other Capital Loans
- Revolving Lines of Credit
We also offer Small Business Loans in conjunction with the US Small
Business Administration, US Department of Agriculture and Rural
Development, and Farm Service Agency. We also work with various state
agencies such as the Business Development Corporation of South Carolina
and the Carolina Capital Investment Corporation.
Mortgage Loans back to top
We also offer a variety of real estate secured loans that are tailored to your specific needs.
- Fixed Mortgages
- Balloon Mortgages
- Home Equity Loans
- Home Equity Lines of Credit
First Time Home Buyer
SC State Housing Authority back to top
Does the thought of a below market interest rate and down payment assistance interest you?
By working in cooperation with The South Carolina State Housing &
Development Authority, we can offer a fixed interest rate loan with a
down payment assistance component that helps a qualified Buyer obtain a
home mortgage with very little cash out-of-pocket. These loans are
primarily targeted towards First Time Buyers and Single Parents,
however, depending on the location of the home, may be available to a
broad range of Buyers. In some cases, the down payment assistance is
forgivable after five years of owning the home.
Construction/Permanent Loans back to top
Want to build a house? Our Single Closing Construction/Permanent loan
provides a fixed interest rate during the construction phase while
offering guaranteed rate protection for the permanent phase.
Lot Loans back to top
Not quite ready to build? We offer loans
secured by the real estate land, and this product is typically offered
at 80% loan-to-value.
Second Home and Vacation Loans back to top
Buying a Second Home or Vacation Home? Many of our loan
programs will accommodate using a Second Home or Vacation Home as the
collateral. Ask one of our friendly Loan Officers about credit score
and down payment requirements.
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