Mortgage Broker in Johns Island, SC
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 Johns Island, 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.
DifferenceThe Mission One Mortgage Difference
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 Johns Island natives, we're proud to serve the Lowcountry and all of South Carolina with trusted mortgage brokerage services.
Unlike some mortgage companies in Johns Island, 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.
- Mortgage Broker Johns Island, SC
- The Mission One Mortgage Difference
- Why Should I Work with a Mortgage Broker in Johns Island, SC
- Exploring the Benefits of Working with a Mortgage Broker
- Common Home Loan Options in South Carolina
- Home Mortgage FAQs
- Mission One Mortgage: Turning Dreams into Reality, One Mortgage at a Time
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:
No Additional Fees- Providing our client's services free of charge, using a mortgage broker like Mission One Mortgage can help you scout the best price on loans without a hefty price tag.
Access to 50 Lenders- With access to a range of loans and interest rates available, Mission One Mortgage can shop for the best loans for your unique needs.
Accessible to Our Clients- Providing a transparent and communicative service to all our clients, Mission One Mortgage ensures all phone calls are answered or returned in a timely manner.
Setting You Up for Success- Helping you prepare all your documents for pre-approval and the loan application, Mission One Mortgage will provide you with all the necessary information to secure the best loan.
Why Should I Work with a Mortgage Broker in Johns Island, SC?
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.
What Does a Mortgage Broker Do?
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 Johns Island, 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.
Help with the Pre-Approval Process
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:
- Two Years of W2 Forms
- 30 Days of Pay Stubs from Employer
- 60 Days of Bank Statements
- A Valid Driver's License
BenefitsExploring the Benefits of Workingwith a Mortgage Broker
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.
Home LoanCommon Home Loan Options in South Carolina
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 Johns Island, 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.
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Conventional Mortgages
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 Loans
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.
USDA Loans
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.
Veteran Mortgages
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.
FAQsHome Mortgage FAQs
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 Johns Island, 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:
- Do not become a co-signer on a loan with someone else.
- Do not quit or change your job.
- Do not apply for new credit cards, automobile loans, or any other lines of credit.
- Do not use your credit card to pay for large purchases, like furniture for your new house.
- Do not avoid payments on current lines of credit, loans, or utility bills.
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.
Mission One Mortgage: Turning Dreams into Reality, One Mortgage at a Time
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 Johns Island, 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.
Contact Us For Service !
(843) 822-5685
Latest News in Johns Island, SC
Want to vote early in South Carolina? Here’s when and where to cast your ballot
Sophie Bramshttps://www.counton2.com/news/your-local-election-hq/want-to-vote-early-in-south-carolina-heres-when-where-and-how-to-cast-your-ballot/
CHARLESTON, S.C. (WCBD)- The 2024 general election is quickly approaching, but South Carolina voters will not have to wait until Election Day to cast a ballot.Governor Henry McMaster signed a law in May 2022 that replaces in-person absentee voting with an early in-person voting period for the two weeks leading up to election days.Any registered voter, including those w...
CHARLESTON, S.C. (WCBD)- The 2024 general election is quickly approaching, but South Carolina voters will not have to wait until Election Day to cast a ballot.
Governor Henry McMaster signed a law in May 2022 that replaces in-person absentee voting with an early in-person voting period for the two weeks leading up to election days.
Any registered voter, including those who will be 18 years old by the Nov. 5 general election, can cast a ballot during the early voting period without an excuse.
“Early voting provides a convenient and secure way for you to cast your ballot,” said Howie Knapp, the executive director of the South Carolina Election Commission. “Find an early voting center in your county, vote just like you would at your polling place on Election Day, and have your voice heard.”
Early voting for the 2024 election begins on Monday, October 21, and ends on Saturday, Nov. 2.
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Here’s what voters need to know:
The ballot will include seven candidates for president, according to officials:
An eighth candidate — Robert F. Kennedy Jr. — was initially nominated by the South Carolina Alliance Party. However, party leaders withdrew him from the ballot in August after he suspended his presidential campaign.
Additionally, each of South Carolina’s seven U.S. House of Representatives seats is up for election.
All 170 seats in the South Carolina state legislature — 124 in the House and 46 in the Senate — are also up for grabs this year. Some are uncontested, however.
Some ballots will also include races for county sheriff, circuit solicitor, probate judge, coroner, school board, and other countywide and local races.
Voters can find out who is on the ballot where they live by obtaining a sample ballot from the South Carolina Election Commission.
South Carolina adopted new state legislative district maps in December 2021 following the 2020 U.S. Census. Some district lines were redrawn, new districts were created, and some districts were eliminated.
Voters can find out which district they live in on the South Carolina legislature’s website.
Each county in South Carolina is required to have at least one polling location open for early voting. Some larger counties may have multiple open locations while smaller counties may have just one early voting site.
Early voting centers are open Monday through Saturday from 8:30 a.m. to 6 p.m. during the early voting period. Early voting is not available on Sunday, Oct. 27.
Here are the early voting locations* in the Lowcountry, by county:
Beaufort County
Berkeley County
Charleston County
Colleton County
Dorchester County
Georgetown County
Orangeburg County
Williamsburg County
You can find the complete list of early voting locations in every South Carolina county here.
Editor’s Note: The list of early voting centers may be updated as additional information becomes available.
A valid photo ID is required to vote in South Carolina elections, including during the early voting period. Acceptable forms of identification include:
State law requires an individual to register to vote at least 30 days before an election.
The deadline to register for the 2024 election is Monday, Oct. 14.
There are several ways you can register to vote in South Carolina:
1 – South Carolinians can register online by visiting scvotes.gov before midnight on Oct. 14. You will need your South Carolina Driver’s License or DMV ID card.
2 – Download a voter registration form from scvotes.gov. Complete and return the form to your county voter registration office either by fax or email before midnight on Oct. 14, or by mail – but it must be postmarked by Oct. 14.
3 – Register in person at your county voter registration office. Remember: most offices close at 5 p.m. for in-office registration.
Voters can check their registration status by visiting scvotes.gov.
As Election Day nears, you can count on News 2 as your Local Election Headquarters to keep you up-to-date on the latest from the campaign trail.
St. John’s High School raises thousands to put on first homecoming in years
Katie Fongvongsahttps://www.counton2.com/news/local-news/st-johns-high-school-receives-13k-in-community-donations/
JOHNS ISLAND, S.C. (WCBD) – After the weekend, the Johns Island and Lowcountry community came together to help out St. John’s High School.The local high school hasn’t had a traditional homecoming dance since 2020, but this year they are bringing it back. One student on the dance’s committee took to Facebook and ...
JOHNS ISLAND, S.C. (WCBD) – After the weekend, the Johns Island and Lowcountry community came together to help out St. John’s High School.
The local high school hasn’t had a traditional homecoming dance since 2020, but this year they are bringing it back. One student on the dance’s committee took to Facebook and sent out a post hoping to make this year’s homecoming special.
“She was worried our homecoming dance wasn’t going to happen,” Erin Longshore, a teacher at St. John’s High School, said. “I think her original intention was to see if she could get a couple of things here and there for us to have really great decorations and from there it just kind of exploded.”
The response from that post allowed the school to raise over $13,000. Longshore checked her email on Saturday and shared the news with her committee members Madison Evans and Morgan Denton, who are also teachers at the school.
“Completely utter shock,” Longshore said. “I started crying when I saw all the emails on Saturday and I normally don’t check emails on Saturday, but something told me to.”
School officials said students are excited for the dance and were also surprised by the amount they fundraised. Some of the donations included buying tickets for students and others to their Amazon wish list. With the dance coming up tomorrow, students and staff on the decorating committee are continuing to prepare for the night.
“We’ve been patiently waiting for the Amazon delivery truck to show up so we can get all our packages and undo those,” Longshore said. “They’ve been able to come out of their classes do so, and we’ve been slowly decorating during lunch. And in any free time we might have, which we don’t have much, but we’ve been getting it done.”
Officials said the remaining amount of money will go towards future dances and activities, which will leave the students and staff plenty of time and resources to plan ahead. Longshore said this year’s decorations will be recycled and reused.
The dance is on Oct. 17, while the homecoming football game and parade will be on Oct. 18.
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