Loan Products

Our home equity line is secured by the equity in your primary or secondary residence with credit lines starting at $20,000.  Accessing your line is as simple as writing a check.  Contact any office for an application for this convenient access to your home's equity, when you need it!

Our home equity line is secured by the equity in your primary or secondary residence with credit lines starting at $20,000.  Accessing your line is as simple as writing a check.  Contact any office for an application for this convenient access to your home's equity, when you need it!

The bank will charge $25.00 to set up a note collection. A fee of $8.00 will be charged for each payment credited to a deposit account and $20.00 for each payment remitted by check.

Consumer loans, Commercial loans, Mortgages, and Home Equity Lines of Credit. All types of loans are available. Consult one of our experienced loan officers.

Business and Consumer loan applications are available on our Applications webpage for your convenience.  Use the mortgage qualifier and other loan calculators on our Financial Tools webpage for additional self-help tools*.

* Information and interactive calculators are made available to you as self-help tools for your independent use. We can not and do not guarantee their accuracy or their applicability to your circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

Damascus Community Bank is pleased to offer you our competitive auto loan programs for both new and used vehicles. Buying a car never was so easy!

• Special interest rates for loyal clients offered
• Loans available from $3,000 up to 90% of apprised vehicle value
• Equal monthly payments
• Up to 5 years repayment period
• No late fees or prepayment penalties

Here is general information only. Please do not hesitate to contact a Loan Officer with any questions.

We have both secured and unsecured consumer loans to help borrowers with different credit reach their financial goals. Spend the money for any purpose to afford yourself things or emotions you deserve.

• Loans available from $3,000 to $35,000 for any purpose
• Up to 5 years repayment period
• Secured loans for customers with less than perfect credit scores
• Fixed interest rates within the loan lifetime
• Monthly principal & interest payments

Here is general information only. Please do not hesitate to contact a Loan Officer with any questions.

• Secured and Unsecured Consumer Loans
• Residential Construction Loans
• Residential Mortgage Loans
• Home Improvement Loans
• Home Refinancing
• Home Equity Loans/Lines of Credit
• Automobile Loans
• Personal Lines of Credit
• Overdraft Protection Lines

Personal Loan Information - Click the link for more information about our personal loan products.

Damascus Community Bank offers personal lines of credit to provide you with financial assistance as close as your wallet is.

• Lines available from $2,500 to $15,000
• 5 years of a draw period available
• Monthly payments are interest only for the draw period
• After 5 years, any remaining balance will be termed out into a 5-year installment loan with monthly principal and interest payments

Here is general information only. Please do not hesitate to contact a Loan Officer with any questions.

Damascus Community Bank offers home improvement loan options to help your renovation dream come true.

• Loans available from $5,000 to $50,000
• No collateral required
• Fair rates as low as 6.5% APR
• Up to 10 years repayment period
• No additional fees and charges

Here is general information only. Please do not hesitate to contact a Loan Officer with any questions.

We know how to help you reach your financial goals. Your home can be the key to many opportunities.

• Special introductory rate offered (with approved credit)
• All settlement costs waived, provided the line remains open for at least three years
• Lines available for $20,000 and up
• 10-year draw period, during which the line may be accessed or paid down at any time
• After 10 years, no additional draws can be made and any remaining balances are termed out for 5 years

Here is general information only. Please do not hesitate to contact a Loan Officer with any questions.

We want to become a starting point of your route to your new real estate. Experience the difference and discover all the opportunities you will get by purchasing your own home.

• Loans available from $20,000 up to 80% of the appraised home value
• Loan can be either a first or second lien
• Up to 20 years repayment period
• 10-year fixed rates
• No closing costs provided that the loan remains open for a minimum of two years. If the loan is paid off, the full amount of the closing costs must be paid

Here is general information only. Please do not hesitate to contact a Loan Officer with any questions.

If your mortgage rates become difficult to pay and your monthly principal and interest payments impact your wallet, we have the right option to reduce your financial burden.

• Loans available from $100,000 and up
• Up to 20 years repayment period
• Loan rates as low as 4.5% ARP
• Equal monthly principal and interest payments

Here is general information only. Please do not hesitate to contact a Loan Officer with any questions.

Get the key to your happy and secure future by applying for an educational loan.

• Personalized repayment options for the best loan that meet your needs
• Both variable and fixed rates offered
• Up to 15 years repayment period
• No fees to apply

Here is general information only. Please do not hesitate to contact a Loan Officer with any questions.

Any business starts with an idea. We are always happy to help you realize your idea by providing commercial lending options for new and existing businesses.

• Small Business Administration Loans
• Business Line of Credit
• Overdraft Protection Lines of Credit
• Agricultural/Farm Loans
• Short Term Loans
• Term Business Loans
• Equipment Loans
• Commercial Construction Loans
• Commercial Real Estate Loans
• Vehicle and Equipment Leasing

Learn more about our commercial loan products.

• Small Business Administration Loans
• Business Line of Credit
• Overdraft Protection Lines of Credit
• Agricultural/Farm Loans
• Short Term Loans
• Term Business Loans
• Equipment Loans
• Commercial Construction Loans
• Commercial Real Estate Loans
• Vehicle and Equipment Leasing

Commercial Loan Information - Click the link for more information about our commercial loan products.

Do not worry your account balance is not enough to cover your loan payments. We can help you avoid late fees and problems with your credit score. We offer overdraft protection lines for both personal and business needs.

• Use your line to cover transactions and avoid overdraft fees
• Link the line up to two eligible accounts
• Low funds fee offered

Here is general information only. Please do not hesitate to contact a Loan Officer with any questions.

Deal one-on-one with friendly, local decision makers. Custom tailor any one of our flexible loan options. And bank with a sound institution that’s active in your community.

Get the best of both worlds with DCB – Competitive Rates and Superior Customer Service!

Business and Consumer loan applications are available on our Applications webpage for your convenience.  Use the mortgage qualifier and other loan calculators on our Financial Tools webpage for additional self-help tools*.

* Information and interactive calculators are made available to you as self-help tools for your independent use. We can not and do not guarantee their accuracy or their applicability to your circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.