Few purchases give you a sense of pride and accomplishment like buying a new home. From white picket fences and lush green grass to cookouts with neighbors and holidays with the family, owning a home is magical. Like most great things, though, enduring the home-buying process takes a lot of work. There are many steps to take and difficult decisions to make along the way. One of the most crucial decisions is what type of home loan and mortgage broker to choose. Whether it's your first time buying a home or you're a seasoned owner with multiple properties, you will need a trusted mortgage broker in Isle of Palms, SC, with your best interests at heart.
If you're like most people, you need a mortgage professional whose top priority is their customers - an expert who can provide accurate advice and guidance so you can make educated decisions. That's where Mission One Mortgage comes into the picture.
Whether you want the best interest rates or don't know where to start in the home-buying process, Mission One Mortgage can set you up in the right direction. From getting you pre-qualified to buy a home to securing a veteran's loan, Mission One Mortgage is the trusted solution you need. As Isle of Palms natives, we're proud to serve the Lowcountry and all of South Carolina with trusted mortgage brokerage services.
Unlike some mortgage companies in Isle of Palms, SC, we bring years of high-level experience and insight to the table. Having worked with hundreds of clients during our time in business, we know you're probably going through a range of emotions right now. Buying a new home can be a scary process, especially for first-time buyers. That's why we make every effort to make ourselves accessible and available for clients. Our primary goal is to help you make the right mortgage for your family and your budget.
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:
Most people simply don't have access to the hundreds of thousands of dollars needed to purchase a home with cash. Instead, they take out a mortgage loan to buy a home. Unfortunately, many homebuyers are anxious to get the ball rolling and, due to their excitement, fail to shop around for the best mortgage rates. To some degree, avoiding this step makes sense, as it requires a lot of legwork and research to get the job done. For those not wanting to spend hours researching a reasonable mortgage, there's an alternative to consider - working with a mortgage broker.
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 Isle of Palms, 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:
Most people choose to use a mortgage broker because they have access to different lenders and interest rates. But a great mortgage broker brings more to the table than a choice of lenders.
Save You from Unneeded Stress:One of the biggest advantages of hiring a mortgage broker is that they can find and vet loans while managing the mortgage process on your behalf. The best mortgage companies, like Mission One Mortgage, hire brokers who are experts at keeping underwriting on track, coordinating with relevant parties, and handling all paperwork involved. At the end of the day, mortgage brokers save you stress and time and often expedite the closing process.
More Access: We touched on this earlier, but it bears repeating: A mortgage broker provides access to a range of loans, rates, and lenders. In fact, many mortgage brokers can get rates lower than what the average person could get from a lender.
Save You Money: There's a chance that your mortgage broker can get your mortgage fees reduced or waived by the lender, which could save you a good deal of money.
Help with Unfavorable Financial Situations: Expert mortgage brokers can often assist in challenging financial situations, like when a buyer has inconsistent income or less-than-perfect credit. Experienced brokers, like those at Mission One Mortgage, are often aware of lenders willing to will work with nontraditional borrowers.
Provide Key Insights: Mortgage brokers share important insights, such as your chances for a home loan approval and exactly how much house you can afford. They can also save you from making costly mistakes based on their years of expertise in the mortgage industry.
While settling on the best type of home loan isn't as exciting as searching for the home of your dreams, it's equally important. Yes, your Mission One Mortgage loan officer in Isle of Palms, SC, will be happy to help explain the differences between home loans. But understanding the basics ahead of time will save you stress and time in the long run.
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.
Do you have questions about the complexities of mortgages and home loans? As your advocate, Mission One Mortgage is here to answer any questions you have about mortgages and the home-buying process. We encourage you to call our office to speak directly with one of our mortgage experts or continue reading below for answers to some frequently asked questions.
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 Isle of Palms, 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 Isle of Palms, 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.
Old recipes, extra carbs, complex sauces, and cheese — it’s no shocker why Italian cuisine is adored. The temperature is dropping in the Lowcountry, so there’s no better time to cozy up to a bowl of handmade pasta. Restaurants choose the traditional approach or a fresh take on the classics, but one thing remains constant — dishes are always full of house-made components. Read MoreEater maps are curated by editors ...
Old recipes, extra carbs, complex sauces, and cheese — it’s no shocker why Italian cuisine is adored. The temperature is dropping in the Lowcountry, so there’s no better time to cozy up to a bowl of handmade pasta. Restaurants choose the traditional approach or a fresh take on the classics, but one thing remains constant — dishes are always full of house-made components.
Eater maps are curated by editors and aim to reflect a diversity of neighborhoods, cuisines, and prices. Learn more about our editorial process. If you buy something or book a reservation from an Eater link, Vox Media may earn a commission. See our ethics policy.
Take in the ocean views at this Isle of Palms destination while exploring an Italian menu with no shortage of seafood. Seasonal dishes like a marsala wreckfish with a potato crust offer a distinct take on Italian favorites.
This Sullivan’s Island stunner offers a menu full of seafood, handmade pastas, and wood-fired pizzas. Melt-in-your-mouth short rib gnocchi and strozzapreti with sausage ragu are among the diverse pasta options. Pizzas are topped with any and everything — the Five Fathom Hole 3.0 features Clammer Dave’s clams and rapini. Note: Following a fire, the Obstinate Daughter closed temporarily in January, so check to see if it has reopened.
Old-school Italian spot Cuoco Pazzo Trattoria offers all the hits: lasagna alla Napoletana, fettuccini alfredo, spaghetti alla carbonara, veal marsala, shrimp scampi, and more.
Located in the handsome Emeline hotel, Frannie & the Fox offers Italian bites near the Market. Hits include the wood-fired pizzas, blue crab fritters, chicken Milanese, meatballs with whipped ricotta and a white Negroni on tap.
Charleston-based Beemok Hospitality Collection and chef Michael Mina’s Mina Group opened the gorgeous Italian restaurant Sorelle in 2023, and it’s since been a go-to for swanky dates and luxurious meals. Serving brunch and dinner, Sorelle excels in southern Italian cooking, which means grilled octopus, picatta-style swordfish, and mafaldine with
barolo-braised beef cheeks.
Le Farfalle’s modern take on Italian cuisine makes the dimly lit eatery a go-to spot for a a family gathering, date night, or comforting meal alone with a plate full of perfectly cooked pasta. Memorable dishes include the duck-confit-stuffed agnolotti and the jumbo lump crab with linguine.
Indaco is a cozy nook of a restaurant on Upper King. The wood-fired oven glows as pizzas and Italian entrees are prepared. The burrata is always a hit to share, and the seasonal pastas always have comforting combinations like the tagliatelle with pork tesa and a Storey Farms egg.
Chef Vinson Petrillo pulls inspiration from his own Italian family’s traditions for the menu at Costa. Popular starters include the scallop crudo with passionfruit or burrata with a seasonal setup. Try the beef cheek tortellini and then move on to the eggplant Parmigiana, pork Milanese, or grilled swordfish. The dining room and bar are seductive, with some of the best lighting in town — perfect for date nights.
Classic Italian dishes are revamped with bright, unexpected ingredients at Melfi’s. Slices of doughy bread topped with combinations like avocado and pistachio invigorate the bruschetta, and handmade pastas are packed with intense flavors. Diners also can’t go wrong with the crisp Melfi’s Roman-style pizzas — the kitchen’s take on the margherita is a standout thanks to a creamy, housemade stracciatella cheese.
Hip Huger Street stop Renzo might be better known for wood-fired pizza and funky wines, but this restaurant also packs in some great versions of Italian staples in the “Not Pizza” section of the menu. The pillowy ricotta gnudi with bagna cauda and the gargati Bolognese are in heavy rotation this winter, but always try the special, whatever it is.
Make the short drive off the peninsula to Johns Island for authentic Italian cuisine using local ingredients. Look for handmade ravioli, pappardelle, and lasagna with added flare from a venison, elk, and ribeye combination. Customers can get the best of both worlds by adding a $7 side of gnocchi to any meat or seafood entree.
Take in the ocean views at this Isle of Palms destination while exploring an Italian menu with no shortage of seafood. Seasonal dishes like a marsala wreckfish with a potato crust offer a distinct take on Italian favorites.
This Sullivan’s Island stunner offers a menu full of seafood, handmade pastas, and wood-fired pizzas. Melt-in-your-mouth short rib gnocchi and strozzapreti with sausage ragu are among the diverse pasta options. Pizzas are topped with any and everything — the Five Fathom Hole 3.0 features Clammer Dave’s clams and rapini. Note: Following a fire, the Obstinate Daughter closed temporarily in January, so check to see if it has reopened.
Old-school Italian spot Cuoco Pazzo Trattoria offers all the hits: lasagna alla Napoletana, fettuccini alfredo, spaghetti alla carbonara, veal marsala, shrimp scampi, and more.
Located in the handsome Emeline hotel, Frannie & the Fox offers Italian bites near the Market. Hits include the wood-fired pizzas, blue crab fritters, chicken Milanese, meatballs with whipped ricotta and a white Negroni on tap.
Charleston-based Beemok Hospitality Collection and chef Michael Mina’s Mina Group opened the gorgeous Italian restaurant Sorelle in 2023, and it’s since been a go-to for swanky dates and luxurious meals. Serving brunch and dinner, Sorelle excels in southern Italian cooking, which means grilled octopus, picatta-style swordfish, and mafaldine with
barolo-braised beef cheeks.
Le Farfalle’s modern take on Italian cuisine makes the dimly lit eatery a go-to spot for a a family gathering, date night, or comforting meal alone with a plate full of perfectly cooked pasta. Memorable dishes include the duck-confit-stuffed agnolotti and the jumbo lump crab with linguine.
Indaco is a cozy nook of a restaurant on Upper King. The wood-fired oven glows as pizzas and Italian entrees are prepared. The burrata is always a hit to share, and the seasonal pastas always have comforting combinations like the tagliatelle with pork tesa and a Storey Farms egg.
Chef Vinson Petrillo pulls inspiration from his own Italian family’s traditions for the menu at Costa. Popular starters include the scallop crudo with passionfruit or burrata with a seasonal setup. Try the beef cheek tortellini and then move on to the eggplant Parmigiana, pork Milanese, or grilled swordfish. The dining room and bar are seductive, with some of the best lighting in town — perfect for date nights.
Classic Italian dishes are revamped with bright, unexpected ingredients at Melfi’s. Slices of doughy bread topped with combinations like avocado and pistachio invigorate the bruschetta, and handmade pastas are packed with intense flavors. Diners also can’t go wrong with the crisp Melfi’s Roman-style pizzas — the kitchen’s take on the margherita is a standout thanks to a creamy, housemade stracciatella cheese.
Hip Huger Street stop Renzo might be better known for wood-fired pizza and funky wines, but this restaurant also packs in some great versions of Italian staples in the “Not Pizza” section of the menu. The pillowy ricotta gnudi with bagna cauda and the gargati Bolognese are in heavy rotation this winter, but always try the special, whatever it is.
Make the short drive off the peninsula to Johns Island for authentic Italian cuisine using local ingredients. Look for handmade ravioli, pappardelle, and lasagna with added flare from a venison, elk, and ribeye combination. Customers can get the best of both worlds by adding a $7 side of gnocchi to any meat or seafood entree.
Published: Feb. 7, 2025 at 1:50 AM PST|ISLE OF PALMS, S.C. (WCSC) - A brand-new city dock is set to open on the Isle of Palms marina, just in time to prepare for the warmer months ahead.The City of Isle of Palms is cutting the ribbon to celebrate the opening of the first-ever city-owned dock along the Marina.Leaders, locals and visitors alike can attend the official opening at 50 41st Avenue from 10:30 a.m. to 11 a.m.City leaders say they hope to see the amenity promote community engagement with more recreational ...
Published: Feb. 7, 2025 at 1:50 AM PST|
ISLE OF PALMS, S.C. (WCSC) - A brand-new city dock is set to open on the Isle of Palms marina, just in time to prepare for the warmer months ahead.
The City of Isle of Palms is cutting the ribbon to celebrate the opening of the first-ever city-owned dock along the Marina.
Leaders, locals and visitors alike can attend the official opening at 50 41st Avenue from 10:30 a.m. to 11 a.m.
City leaders say they hope to see the amenity promote community engagement with more recreational activities. The 16-foot-wide pier has swings and benches along with a disability friendly walkway to a kayak and stand-up paddle board launch access. A new greenspace is expected to add on to the dock area in the near future.
Funds from a federal COVID-19 relief program called the American Rescue Plan brought the idea to reality. City leaders are using $1.7 million from the program’s State and Local Fiscal Recovery effort for the project. The recovery effort put billions of dollars to work nationally to allow state, local, territorial and Tribal governments to replace lost sector revenue while providing government services.
Plans for the newest addition began in 2020 with city council public workshops. Leaders say the surrounding community put the dock at the top of the priority list.
Nearby businesses say they are excited to see the new dock come to life after watching the construction over the years.
The general manager at the Outpost store says he sees the dock being a good amenity for the area, islanders and businesses.
One person living on Isle of Palms says she believes other issues such as home sewage flow should have been highlighted instead when asked about the dock.
Local real estate agent Lin Nelson says the amenity adds to the community value for residents. She says the addition is good for the public and residents to bring more people to the area with tourism.
“If I’m a resident here, I want that to use something that could be benefit family, residents, children and public. So that it could bring business to the area…for the small-business owner too.”
The dock will be open every day from sunrise to sunset.
Copyright 2025 WCSC. All rights reserved.
|Updated: Feb. 7, 2025 at 6:31 PM ESTISLE OF PALMS, S.C. (WCSC) - Isle of Palms leaders have applied for permits to dredge parts of the Atlantic Intercoastal Waterway and the city marina to deepen the water access.The permits, filed in January, note that parts of the marina measure only eight feet deep and the plans are to make the intercoastal entrance 12 feet deep and the Morgan Creek inlet where the marina is located ten feet deep.The project is part of regular upkeep and the last time the marina was dredged was in 20...
|Updated: Feb. 7, 2025 at 6:31 PM EST
ISLE OF PALMS, S.C. (WCSC) - Isle of Palms leaders have applied for permits to dredge parts of the Atlantic Intercoastal Waterway and the city marina to deepen the water access.
The permits, filed in January, note that parts of the marina measure only eight feet deep and the plans are to make the intercoastal entrance 12 feet deep and the Morgan Creek inlet where the marina is located ten feet deep.
The project is part of regular upkeep and the last time the marina was dredged was in 2011. Mayor Phillip Pounds says it’s an important way to preserve waterway access.
“We spend so much time and effort on the beach side of our island. This marina, this dock, the dredging, you know, it’s the focus on the intercoastal side or the creek area that sometimes doesn’t get as much attention as you like, but again, the purpose of the marina was to provide access to the water for those that didn’t have it,” Pounds says.
In 2023, the State Department of Parks, Recreation and Tourism earmarked $1.5 million for the city to spend on dredging. That source will be the main fund for the work, which does not have a final price tag as it is in the early application stage.
“It just naturally silts back in. So it’s time to do that again. So hopefully we’ll get the permit this year, and at some point, line up a contractor and get the project done, maybe late this year, more likely first half of next year,” Pounds says.
The project plans to remove up to 20,000 cubic yards of soil, sand and silt material from the bottom of the channel. There are a few proposals for what to do with those materials.
Ideas include putting the materials under the Isle of Palms connector, onto Goat Island, at Inlet Creek or Swinton Creek on the opposite side of the intercoastal waterway. Another proposal is to put the sediment material on parts of the Wild Dunes Harbor Course, building up the land.
The routine dredging applications come around the same time the city celebrated the opening of its first public dock on the intercoastal waterway.
The mayor and city leaders hope to continue improving the plot of land at 40 51st Avenue making it an asset for visitors and residents alike.
“They’ve added a boat club with our new tenant over here at the marina. So it’s just been a lot of amenities added to this area and improvements made. We’ve invested a lot of time and energy and money, obviously, out here,” Pounds says.
Copyright 2025 WCSC. All rights reserved.
Charleston and Isle of Palms agreed to settle a lawsuit against a number of short-term rental companies, including Airbnb and VRBO, in an attempt to recoup some taxes and fees that the business owes.Both city and town councils approved a settlement agreement at their respective meetings on Jan. 28. But ne...
Charleston and Isle of Palms agreed to settle a lawsuit against a number of short-term rental companies, including Airbnb and VRBO, in an attempt to recoup some taxes and fees that the business owes.
Both city and town councils approved a settlement agreement at their respective meetings on Jan. 28. But neither government publicly disclosed how money they'll receive from the businesses that have been operating for years without paying local accommodation taxes or business license fees, according to the complaint.
Attorney Jesse Kirchner, who along with two other lawyers, represents 14 South Carolina cities, towns and counties that joined the suit. He told The Post and Courier after Charleston's vote that the deal isn't final until all municipalities sign off. Once all agree, Kirchner said details of the settlement will be released.
Earlier this month, Mount Pleasant Town Council accepted a payout of nearly $500,000 in the same suit. Mayor Will Haynie, the lone vote against the settlement, disclosed the figure that Mount Pleasant would get saying it was not enough to "make up for what it's going to do to this town."
Haynie said he's worried about state legislation that could remove the town's cap on short-term rental permits and essentially open the floodgates to these companies that collect from tourists taxes and fees that never make it to the localities they're visiting.
The municipalities that initiated the lawsuit are some of South Carolina's biggest tourism destinations, including Charleston, Columbia, North Charleston, Myrtle Beach, Folly Beach, Isle of Palms, North Myrtle Beach and Hilton Head Island. Mount Pleasant later joined the suit, as did Beaufort County, Edisto Beach, Port Royal and Greenville.
The complaint alleges the companies failed to pay municipalities' local accommodations taxes, and in some cases, business licenses, despite collecting the fees from rental operators and vacationers who use their sites.
Annual license fees are based on a businesses' gross income, according to the city of Charleston's website. This year, the city expects to collect $52 million from the licenses — the city's second highest revenue generator behind only property taxes, according to figures from a November budget workshop. The money flows into the city's general fund paying for its day-to-day operation.
Municipalities across the state levy accommodations taxes of up to 3 percent on hotels and other rented lodgings within their jurisdictions. In Charleston, the tax is set at 2 percent. The fee is paid by the renter, collected by the hotel or business renting the space, and paid to the municipality.
This year, the city expects nearly $12 million in local "a-tax," as its commonly called, which helps pay for upkeep of popular tourism spots. At Charleston’s historic battery, the tax funded a 6-year and nearly $75 million restoration of the crumbling 100-year-old sea wall.
Short-term rentals, and how to manage them, have been a sticking point for many communities. Charleston and Folly Beach are among a handful of municipalities that have instituted regulations or caps on short-term rentals. North Charleston, another plaintiff in the case, recently considered the same.