We know that many home loan officers have horrible reputations. Some brokers only see their clients as transactions, and a means to make quick money. They come off as impatient and pushy, failing to understand that this is a very big decision for you. At Mission One Mortgage, we take the opposite approach. We encourage our clients to take as much time as needed to ask us questions and review mortgage documents. We could say that our mission is to exceed your expectations, but we'd rather just show you. From assistance finding FHA, VA, or other loans to refinancing your current mortgage, Mission One is the team you can trust.
Here are just a few reasons why home buyers choose Mission One Mortgage:
To understand the benefits of working with a mortgage broker, you must first understand their role in the home-buying process.
Your mortgage broker is a third party that works to connect you with mortgage lenders. Essentially, a mortgage broker works as an intermediary between a person who wants to buy a home and the entities offering loans to buy a home. The mortgage broker works with both the borrower and lender to get the borrower approved. They also verify and collect paperwork from the borrower that the lender needs to finish a home purchase. Typically, mortgage brokers have relationships with several home loan lenders. Mission One Mortgage, for example, has access to 50 different lenders, which gives us a wide range of home loans in Hanahan, SC, from which to choose.
In addition to finding a home loan lender, your mortgage broker will help you settle on the best loan options and interest rates for your budget. Ideally, your mortgage broker will take a great deal of stress and legwork off your plate while also potentially saving you money.
If you're ready to buy a home, getting pre-qualified is a great choice that will streamline the entire process. Your mortgage broker makes getting pre-approved easy by obtaining all the documents needed to get you pre-qualified. In taking a look at your application, they will determine if you're ready for the pre-approval process. If your application needs additional items, the mortgage company will help point you in the right direction to ensure your application is as strong as it can be. Your mortgage broker will also walk you through the different types of loans, from Conventional and FHA to VA and USDA.
In order to be pre-approved for a home in South Carolina, you must have the following:
Conventional loans can be used to purchase a new home or refinance your current one. Conventional loans include fixed-rate mortgages and adjustable-rate mortgages. Generally, borrowers must put down a 3% down payment for owner-occupants, 10% for a vacation property, and 20% for an investment home. If you are able to pay 20% of the total cost of the home, you can avoid private mortgage insurance, which is otherwise required. Conventional mortgages are often preferred by buyers with good credit or people needing a non-owner-occupied mortgage.
FHA mortgages are issued by the U.S. government and backed by the Department of Housing & Urban Development (HUD). This loan is often preferred by first-time homebuyers because it only requires a 3.5% down payment and offers more flexibility with credit requirements and underwriting standards. FHA loans have several requirements you must meet to qualify. Contact Mission One Mortgage today to learn more about FHA loans and whether or not they're best for your financial situation.
Also backed by the government, these loans are insured by the U.S. Department of Agriculture and don't require money down. These loans have lower insurance requirements when compared to FHA loans, offer 100% financing if you qualify, and allow for closing costs to be covered by the seller. In order to qualify for a USDA loan, you must live in a rural area, and your household income must meet certain standards. These loans are often preferred by low-income citizens who live in rural parts of South Carolina.
Also known as VA or Veteran's Affairs loans, these mortgages are reserved for the brave men and women who served in the military. VA loans help provide our military members, veterans, and their families with favorable loan terms and an easy home ownership experience. Often, those who qualify are not required to make a down payment on their home. Additionally, these loans often include less expensive closing costs.
If you are a veteran or the family member of a veteran, contact Mission One Mortgage today to speak with our Vetted VA Professional, Debbie Haberny. Debbie helps our military members, veterans, and their family members obtain home loans utilizing veteran benefits and would be happy to help as you search for a home.
Q. I was talking to my spouse about mortgage brokers, and they mentioned the phrase home loan originator. What's the difference between a broker and a loan originator?
A. The mortgage industry is full of confusing jobs and titles, making it easy to confuse roles and responsibilities. Such is the case with mortgage brokers and home loan originators. Though their roles share similarities, a home loan originator in Hanahan, SC, works for a bank or credit union, while a mortgage broker works for a brokerage company. Home loan originators and mortgage brokers are both licensed by the Nationwide Multistate Licensing System (NMLS).
Q. I've heard from everyone that you must have mortgage insurance to buy a home. What is mortgage insurance?
A. Essentially, mortgage insurance helps protect lenders if a borrower forecloses on the home they bought. One advantage of mortgage insurance is that when borrowers pay it, lenders can often grant loans to buyers when they might not have otherwise. Though not always required to buy a home, mortgage insurance is often needed for down payments of less than 20%.
Q. I have just been pre-approved to buy a beautiful home in South Carolina. Is there anything I shouldn't do now that I'm pre-qualified?
A. Mortgage companies like Mission One Mortgage, make getting pre-qualified for a home easy. However, as your loan process continues, your lender is required to run a new credit report before closing on a home. For that reason, it's to avoid any activity that might affect your credit score, such as:
Q. My brother-in-law recently refinanced his home in South Carolina. What is refinancing, and should I consider refinancing my home too?
A. Refinancing your home basically means you're swapping your current mortgage for a new one, most often with a lower interest rate. If you would like to reduce the term of your loan, lower your monthly mortgage payments, or consolidate debt, refinancing may be a smart option. Many homeowners also choose to refinance if they want to switch from adjustable-rate mortgages to fixed-rate mortgages or to get cash back for home renovations. To learn whether refinancing is a viable option for your situation, contact Mission One Mortgage ASAP, as loan rates change frequently.
Here at Mission One Mortgage, we believe that the best communities begin with the dream of home ownership. Our mission is to make those dreams come true, with personalized service, expert guidance, and good old-fashioned hard work. As one of the most trusted mortgage companies in Hanahan, SC, we have years of experience working with a diverse range of clients, from first-time buyers and investors to self-employed borrowers and non-native English speakers.
Though every mortgage situation is different, one thing never changes: our commitment to clients. Contact our office today to get started on an exceptional home-buying experience.
HANAHAN — A parade of emergency response vehicles and a school bus were the first to drive a newly opened mile-long stretch of Railroad Avenue, a road project recently completed after years of work.The extension runs from Mabeline Road to Eagle Landing Boulevard, adding a two-lane roadway along the eastern side of the existing CSX rail line, with a sidewalk along one side of the road.Though only a mile, the new stretch connects the northwest corner of the city, where several neighborhoods and Hanahan Elementary School are...
HANAHAN — A parade of emergency response vehicles and a school bus were the first to drive a newly opened mile-long stretch of Railroad Avenue, a road project recently completed after years of work.
The extension runs from Mabeline Road to Eagle Landing Boulevard, adding a two-lane roadway along the eastern side of the existing CSX rail line, with a sidewalk along one side of the road.
Though only a mile, the new stretch connects the northwest corner of the city, where several neighborhoods and Hanahan Elementary School are, to the rest of the city, said Mayor Christie Rainwater.
Prior to the extension, drivers had to take a roundabout route and cross the railroad tracks twice.
“In order to get to the Eagle Landing ... part of the city, you actually had to leave the city, cross over the railroad tracks, go to another city (North Charleston), and then go down Rivers Avenue, cross back over the railroad tracks and get back into (Hanahan),” she said. “So obviously it was inconvenient to say the least.”
It was also completed after more than two decades of delays, which ballooned the cost from a $4 million federal earmark in the 1990s to more than $20 million by the time the county broke ground on the project in 2021.
Berkeley County’s 1 percent sales tax to pay for infrastructure contributed more than $16 million to the funding.
Officials said the delays were due to a number of bureaucratic hurdles and discussions between the county, the S.C. Department of Transportation and CSX, all of which had to review and approve various aspects of the project. Funding issues contributed as well, Rainwater said — the longer other delays took, the more expensive the project became and the more time it took to secure further funding.
Town and county officials held a ribbon cutting for the road extension on March 17, with a cohort of former mayors and other public officials in attendance such as former U.S. Rep. Henry Brown, who helped secure the initial federal earmark. Officials, local emergency responders and other attendees took to the school bus and emergency vehicles to drive through a blue ribbon and up the mile of road.
Rainwater said the extension saves at least 10 minutes of driving, and that’s without traffic and train-related delays. During rush hour or when a train is stopped on the tracks, it took even longer for drivers to get to their destination.
Berkeley County Supervisor Johnny Cribb pointed out it will also help ease congestion on Rivers Avenue.
“Think about all the cars that leave Hanahan, go out on Rivers Avenue, go to the intersection of Ashley Phosphate and Rivers needlessly every single day,” he said. “Every one of those cars are now pulled off that road, so that helps regional transportation.”
It was also a public safety issue when emergency vehicles are trying to get to the northwest part of town, Rainwater said.
Though acknowledging that not all road projects take so long, attendees at the ribbon-cutting made a number of jokes about the length of time it took to complete the extension. Rainwater said one resident called her reporting that her daughter was about to graduate from high school and to ask if the student could drive it before she left for college.
“If anybody here has got a good idea on a road project that might be done in the next 30 years, let us know today before you leave so we can get it done in your lifetime,” Cribb joked.
Cribb pointed out each county has a “dinosaur” of an infrastructure project that has taken years to complete, referencing the Highway 526 in Charleston County and the Berlin G. Myers Parkway in Dorchester County. The Railroad Avenue extension has been Berkeley County’s, he said.
HANAHAN, S.C. (WCBD) – It was a chilly and crisp October night in the Otranto neighborhood on Monday, a perfect setting for the community’s annual Halloween decorating contest.A walk down many of the Italian-named streets and you’ll see the sparkle of orange, green and purple lights inviting a view from passersby — but look a little closer and you’ll find skeletons running amuck and ghosts dangling in the trees high above.While many homes in the neighborhood are beautifully decorated for the fall s...
HANAHAN, S.C. (WCBD) – It was a chilly and crisp October night in the Otranto neighborhood on Monday, a perfect setting for the community’s annual Halloween decorating contest.
A walk down many of the Italian-named streets and you’ll see the sparkle of orange, green and purple lights inviting a view from passersby — but look a little closer and you’ll find skeletons running amuck and ghosts dangling in the trees high above.
While many homes in the neighborhood are beautifully decorated for the fall season, the star of the show is there along Monte Sano Drive where you’ll find home after home boasting dazzling but spooky décor.
Just past a home where Freddy Kruger himself sits off the front porch — and across from Roma Road — is a wildly haunted cemetery scene. There is much to take in with a dark creature looming over the graveyard and eye-catching creatures no matter where you turn.
At this home you will find a sign out front begging neighbors to keep Halloween a beloved holiday. “Do not let Halloween be a thing of the past,” the sign read. “Decorate, turn on your light, hand out candy … Be a community!”
It was the Judge’s Choice 1st place winner.
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A walk around the loop, enjoy the sights and sounds of inflatable ghosts and animated ghouls shouting at you from the roadway. Or a skeleton who was not able to keep anything down.
On the opposite end of Monte Sano Drive is a home you simply cannot miss. Set with a purple and green glow are myriad Halloween animatronics begging for your soul. From witches to skeletons, a giant werewolf and even the headless horseman — be sure to stop and see what this yard has to offer.
Our favorite was the green goblin and a nicely timed scare. The home won second place scariest yard.
And just across the street you’ll find large sheets of spiderweb draping portions of the yard. A frightening scarecrow and large ghosts were the setting for this home winning second place most creative.
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A short trip away down Monte Sano Court and you’ll find a home fit for Jack and Sally.
Say hello to Oogie Boogie and the gang as you walk through the pumpkin shaped door and take in the Nightmare Before Christmas themed yard including scenes from Halloween, Easter, and Christmas.
HANAHAN, S.C. (WCIV) — Learning how to save lives one class at a time is the goal of a course at Hanahan Middle School."Our principal came to me last year , wanting to start a new class," teacher Susan Hill said. "And we did."Read more: Berkeley County begins construction of Nexton Middle School...
HANAHAN, S.C. (WCIV) — Learning how to save lives one class at a time is the goal of a course at Hanahan Middle School.
"Our principal came to me last year , wanting to start a new class," teacher Susan Hill said. "And we did."
The new class, called Introduction to Health Professions, brings the medical world to the classroom.
"We go through a lot about the body systems, different tools used by health professionals, and different types of jobs," Hill said.
For students to get a complete understanding of what it’s like to work in the medical field, health professionals from the community are invited to come speak, including Rodney Profit, a training captain with Boeing Security and Fire.
Learning about these jobs isn't the only takeaway for the students; they leave the course certified in basic life support.
Learning how to save lives one class at a time is the goal of a course at Hanahan Middle School. (WCIV)
"We do everything from adult child infant, CPR, choking first aid, and AED usages to get these students certified in basic life support," Profit said. "Students are given a chance to kind of look and explore what's out there for them and letting them know that there are no hurdles. If there are any hurdles, they can transverse those hurdles, but no one can tell them they can't do what they want to do.”
This encouragement has left students with the world at their fingertips.
"This has opened a lot more like pathways," student Lianny Martinez said.
Student, Savannah Wika said, "I would say it really like helped me realize what I really want to do for like a job. It really opened up what's happening when you go to the hospital."
The course also includes off-campus field trips. The class recently visited Charleston Southern University (CSU), where students got a tour of the campus.
For Hill, she believes each and every one of the students are more than capable of accomplishing their dreams.
"I just hope they understand how valuable they are and what a future they have," she said. "They have their whole lives in front of them and I'm just really excited to see what they do with that."
Hill says she could not be prouder of her students and teaching them has been a rewarding experience.
BERKELEY COUNTY, S.C. (WCSC) - Hundreds gathered in Hanahan on Saturday for a full-day affair dedicated to honoring the nation’s veterans.Several community members say it is vital to prioritize our Lowcountry military before, during and after their service.“That’s what it’s all about,” Navy Veteran Jerry Oldham says. “Right here. I’m one of you all, you’re one of us. We’re in this all together.”After two tours in Vietnam and several years of service, Oldham now ...
BERKELEY COUNTY, S.C. (WCSC) - Hundreds gathered in Hanahan on Saturday for a full-day affair dedicated to honoring the nation’s veterans.
Several community members say it is vital to prioritize our Lowcountry military before, during and after their service.
“That’s what it’s all about,” Navy Veteran Jerry Oldham says. “Right here. I’m one of you all, you’re one of us. We’re in this all together.”
After two tours in Vietnam and several years of service, Oldham now calls the Lowcountry his home.
He believes post-military resources didn’t always exist, but they are more important than ever.
“There’s more programs, opportunities, more things that look to help veterans today that weren’t there in the past.”
400,000 veterans currently live in the state out of 20 million nationwide, according to studies done by the South Carolina Department of Health and Environmental Control.
28% of them are experiencing a disability of some kind, whether physical or mental health-related.
Besides the day filled with speeches, songs, treats and trinket shopping, a handful of vendors were in attendance to support transitioning and post-service veterans.
“Whether it’s a lifelong career or just a few years, they come out different than when they went in,” City of Hanahan Mayor Christie Rainwater says. “They often need services and support.”
“Education, employment, nutrition, housing, social networking, all the different things which hug a veteran through their transition,” Palmetto Pathfinder Jean Brooks adds.
Palmetto Pathfinder is one of the many options available to veterans who need assistance.
It is a three-day mentorship program through the statewide Department of Veterans Affairs.
“A Pathfinder is a mentor for other veterans,” Brooks says. “We can speak to each other in our own language and provide resources.”
Oldham says it is heartwarming to see advocacy and celebration from the community in a time where it is becoming “less common.”
“It kind of hurts me sometimes, the things that happen today because people just don’t appreciate it.”
The City of Hanahan has been a long-time supporter with a population consisting of mostly military families.
They say they hope to continue to foster relationships and work toward making resources more accessible until the festivities start again next year.
“To those post-military, say ‘Hey, how can we support you, what are you in need of? You have served us, now we want to serve you.’”
For information on Veterans Affairs services, click here.
For information on the Palmetto Pathfinder Program, click here.
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MONCKS CORNER, S.C. – (Tuesday, March 14, 2023) – Berkeley County, in partnership with the City of Hanahan, will celebrate the completion of Railroad Avenue Extension in Hanahan with a ribbon-cutting ceremony on Friday, March 17 at 10 a.m. The event will take place in front of the Hanahan Recreation Center ballfields across from Mabeline Road in Hanahan.This critical road project, which was managed by the S.C. Department of Transportation, has been in the works since the 1990s. The County ...
MONCKS CORNER, S.C. – (Tuesday, March 14, 2023) – Berkeley County, in partnership with the City of Hanahan, will celebrate the completion of Railroad Avenue Extension in Hanahan with a ribbon-cutting ceremony on Friday, March 17 at 10 a.m. The event will take place in front of the Hanahan Recreation Center ballfields across from Mabeline Road in Hanahan.
This critical road project, which was managed by the S.C. Department of Transportation, has been in the works since the 1990s. The County celebrated the project’s groundbreaking in spring 2021.
Kiewit Infrastructure South constructed the project, which consisted of extending Railroad Avenue from Mabeline Road to Eagle Landing Boulevard and adding a two-lane roadway along the eastern side of the existing CSX rail line, with a sidewalk along one side of the road.
The project provides a safer connection between North and South Hanahan. Specifically, drivers will no longer have to enter Rivers Avenue and cross the railroad twice; and first responder vehicles will also have a better and safer access to those communities, overall improving emergency response times.
This project cost an estimated $20.1 million, including approximately $16 million from Berkeley County’s One-Cent Sales Tax Program—specifically from the referendum voters passed in 2014—and $4 million from federal funds.
“This road extension project, which has been decades in the making, is a gamechanger for the Hanahan community and public safety. We are thankful to Berkeley County voters for approving the County’s One-Cent Sales Tax referendum and to Congressman Henry Brown for securing federal funds to pay for this long-awaited infrastructure project. We are confident the result will be faster emergency response times and safer travel for all.” -Berkeley County Supervisor Johnny Cribb
“Thanks to the perseverance and hard work of so many who have passed the torch of this much needed project, we are finally celebrating the infrastructure connectivity of Hanahan through Railroad Avenue Extension. I am grateful for the collaboration of many different agencies to make this happen. Hanahan is now safer, transportation is easier, and quality of life is better.” -Hanahan Mayor Christie Rainwater
The City of Hanahan will also host a “Meet in the Street Block Party” event at 5:30 p.m. on Friday to commemorate the road project’s completion. There will be a food truck and other festivities. For more information, go HERE.
-Prepared by the Berkeley County Public Information Office-