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 Onslow, NC, 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 Onslow natives, we're proud to serve the Lowcountry and all of South Carolina with trusted mortgage brokerage services.
Unlike some mortgage companies in Onslow, NC, 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 Onslow, NC, 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 Onslow, NC, 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 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 Onslow, NC, 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 Onslow, NC, 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.
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Onslow County is under multiple weather advisories as the area is predicted to receive anywhere from 6 to 10 inches of snow, bitter cold temperatures and high wind gusts.The National Weather Service issued a winter storm warning for Onslow County starting 10 p.m. Friday and until Sunday at 4 p.m. A cold weather advisory is in effect from Saturday at 1 a.m. until Sunday at 1 a.m.An extreme cold watch will also be in effect Sunday from 1 a.m. to Monday at 10 a.m.Residents, local government officials, first responders and t...
Onslow County is under multiple weather advisories as the area is predicted to receive anywhere from 6 to 10 inches of snow, bitter cold temperatures and high wind gusts.
The National Weather Service issued a winter storm warning for Onslow County starting 10 p.m. Friday and until Sunday at 4 p.m. A cold weather advisory is in effect from Saturday at 1 a.m. until Sunday at 1 a.m.
An extreme cold watch will also be in effect Sunday from 1 a.m. to Monday at 10 a.m.
Residents, local government officials, first responders and the N.C. Department of Transportation have worked through the last several days to prepare for the storm to ensure area residents remain safe.
The city of Jacksonville has a 90% chance of receiving more than 4 inches of snow, with snowfall predicted to exceed 1 to 2 inches per hour during the peak of the storm, according to the National Weather Service in Morehead City.
Jacksonville also has a 66% chance of receiving more than 8 inches of snow and a 44% chance of localized blizzard conditions.
Erik Heden, a meteorologist with the NWS, said snow could begin as early as Saturday morning before the sun rises and could be intermittent throughout the day. Snowfall is expected to increase in intensity Saturday evening into Sunday morning.
“Really anyone (in eastern North Carolina) can have that possibility of a foot-and-a-half of snow,” he said. “The most likely at this point, very conservative, would be in that 6 to 10-inch range.”
By Thursday afternoon, the National Weather Service predicted upwards of 10.9 inches of snow through Sunday in the Jacksonville area.
Wind chills could drop as low as 4 degrees below zero early Sunday morning and as low as 1 degree below zero early Monday morning. The storm will also bring strong winds, with the city predicted to see gusts up to 37 miles per hour, the NWS reports.
Of particular concern are the continued cold temperatures through next week that could cause snow and ice to stick around.
“If we get these snowfall amounts that we’re forecasting, with cold weather, it’s going to last a long time next week,” Heden said. “So, while the falling snow is this weekend, we really want to let people know that it’s going to be a while until we get rid of the snow on the roadways.”
Impacts of the storm could include dangerous or impossible driving conditions, widespread closures and disruptions to infrastructure, including the loss of electricity.
N.C. Department of Transportation trucks were already out adding brine to area roads Thursday morning and the Onslow Water and Sewer Authority is also preparing for the storm. Brine, a liquid mixture of salt and water, is applied to roadways for anti-icing before a storm.
ONWASA officials said Thursday that crews are closely monitoring weather conditions, protecting critical infrastructure, preparing backup power systems and ensuring staff and resources are ready to safely respond when needed.
“Our crews have already been operating in freezing conditions and are continuing preparations for the possibility of winter weather this weekend,” said Franky Howard, chief executive officer of ONWASA.
“We ask customers to take a few simple steps now to help prevent plumbing issues during this extended cold period.”
Ways residents can protect their plumbing include insulating exposed pipes, disconnecting and draining outdoor hoses, protecting exterior faucets, sealing air leaks around doors and windows, allowing faucets to drip slightly to keep water moving, and opening cabinet doors under sinks to allow warm air to circulate.
ONWASA also encourages residents to locate their main water shutoff valve in case a pipe freezes or bursts.
Customers who experience a water emergency or observe a water main break should contact ONWASA at 910-455-0722.
Veronica Newsome, public information officer for DOT Divisions 2 and 3, said roads were being pre-treated Thursday, starting with primary routes, major interstates and highways before moving to high-traffic secondary routes.
“We are planning to switch to salt spreaders (Friday), and then Friday night into Saturday morning, we’ll start our 12-hour, around-the-clock shifts where our crews will be monitoring and ready to respond as soon as the weather hits,” Newsome said.
Brine stops working in under 20-degree temperatures, so that’s why crews will have to switch to salt, she said.
The most important thing for residents to know is they should stay off the roads as much as possible, she said. Driving on fresh snow will pack it down and make it harder for crews to clear it.
“Snow is easy to push out of the way when it’s light and fluffy,” Newsome said. “We get the plows out, we can push it up as long as there’s no ice, but if people are driving on the snow, the snow starts to turn to ice, it melts a little bit under the cars and then it re-freezes, and it becomes way harder to clear.”
Officials weren’t the only people out preparing the community for the impending storm, as area residents were also out Thursday morning shopping for essentials.
Richlands resident Elizabeth Rust was stocking up on water and snacks at Aldi on Yopp Road in Jacksonville.
“I’m not really worried about much,” she said. “We live out in the middle of nowhere, so we’re pretty self-sufficient. I have three dogs and my 4-year-old, so I’m excited to see them in the snow. I love how quiet it gets when it snows, so definitely that, as well.”
Rust said she wouldn’t mind being snowed in so she can enjoy some much-needed rest. She said post-holidays has been crazy, as her anniversary, dad’s birthday and husband’s birthday all fall in January.
“Everybody stay safe,” she said. “That’s all I’m doing, (staying) safe and (watching) Netflix.”
Onslow County Senior Services is also working to help make sure people stay safe.
Kevin Reopelle, Onslow County public affairs manager, said senior services has a caterer that prepares meals that are delivered every weekday to homebound seniors in the community.
In anticipation of the weather, volunteers planned to deliver three extra meals Friday in the form of nonperishable goods so seniors can prepare in case volunteers are unable to deliver food early next week.
Onslow County Emergency Services also offers safety tips for residents ahead of the weekend weather.
On an episode of “Onslow County Today,” Stacie Miles, deputy director for Onslow County Emergency Services, said road safety is a top priority.
“We deal with a lot of car wrecks when we have icy roads or snowy roads,” she said. “So, a lot of what we think about in talking to the citizens for road safety is, leave early. If it takes you 30 minutes to get there, leave 45 minutes early.
“Give yourself some extra time so you can slow down. On the icy or snowy roads, the speed limit, it’s too fast.”
Miles suggests carrying around cat litter, sand or salt to use for traction in the event a motorist gets stuck or their vehicle slips off an icy road. She also said residents should carry blankets in their vehicles in case their vehicle breaks down.
Miles said preparing for snow is not all that different from preparing for a hurricane, which residents along the coast are more familiar with.
“You want to prepare to have food that doesn’t require you to necessarily cook it, in case we do have a power outage,” she said. “You want to get those big, thick blankets out and have them ready so you can bundle up if we lose power for a little bit.”
Miles also urged residents to be careful with portable generators. While they’re great to have, she said they should be run outside, away from garages, windows, and heating, ventilation and air conditioning systems to ensure carbon monoxide doesn’t enter the home.
Reopelle said the county is in ongoing coordination with partners and neighboring counties to support preparation efforts. County leadership met Thursday to discuss the impending weather.
Spectrum Internet® With Speeds Up to 1 Gig Now Available to More Than 950 Homes and Small BusinessesNetwork Buildout is Part of Spectrum’s $7 Billion Rural Construction InitiativeCHARLOTTE, N.C. — Spectrum, the #1 rural internet provider in the nation*, today announced the launch of Spectrum Internet, Mobile, TV and Voice services to more than 950 homes and small businesses in Onslow County, North Carolina.Spectrum’s multi-year rural construction...
Spectrum Internet® With Speeds Up to 1 Gig Now Available to More Than 950 Homes and Small Businesses
Network Buildout is Part of Spectrum’s $7 Billion Rural Construction Initiative
CHARLOTTE, N.C. — Spectrum, the #1 rural internet provider in the nation*, today announced the launch of Spectrum Internet, Mobile, TV and Voice services to more than 950 homes and small businesses in Onslow County, North Carolina.
Spectrum’s multi-year rural construction initiative is driven by more than $7 billion in private investment from Spectrum and will ultimately add an additional 100,000+ miles of fiber-optic network infrastructure and deliver symmetrical and multi-gigabit speed internet access to more than 1.7 million new locations across the country.
“Spectrum is bringing gigabit broadband to unserved communities in North Carolina and across America,” said Tim Williams, Vice President of Construction at Spectrum. “Our investment is making it possible to deliver the high-value broadband, mobile, TV and voice services now available in Onslow County. We are providing local residents and small businesses superior connectivity at highly competitive prices, backed by a team of skilled local technicians and 100% U.S.-based customer service.”
Spectrum Internet delivers speeds up to 1 Gbps and Advanced WiFi for residential and small business customers, featuring starting speeds of 500 Mbps, with no modem fees, data caps or contracts. Spectrum Business Internet offers customers 1 Gbps download speeds, with 500 Mbps and 750 Mbps options. The company has also begun a network evolution that will provide gigabit upstream speeds and multiple gigabit download speeds across its entire 41-state service area.
“Small businesses like mine require high-speed internet access to grow, connect with customers, and manage accounting, payroll, and so much more,” said state Sen. Michael Lazzara. “Spectrum’s RDOF investment in Onslow County brought fast broadband internet access to those who still did not have the speed or reliability they need to thrive.”
Spectrum Internet exceeded advertised download and upload speeds for all tiers measured — even during peak weeknight usage between 7 and 11 p.m. — according to the FCC’s most recent “Measuring Broadband America Fixed Broadband Report.”
Along with multiple broadband options, Spectrum services now available also include Spectrum Mobile™ and Spectrum TV®. Spectrum Mobile is the nation’s fastest-growing mobile provider** and combines with Spectrum Internet and Advanced Home WiFi to provide seamless connectivity inside and outside the home. Spectrum Mobile provides customers access to nationwide 5G at great value, with Unlimited lines starting at $30 a month, as well as By the Gig options.
Spectrum TV offers more than 270 HD channels and access to 85,000 On Demand movies and shows. Using the Spectrum TV App — the highest-rated pay TV streaming app in the U.S.*** — viewers can stream content across a growing number of platforms, including iOS and Android mobile devices, Xbox One, Kindle Fire, Samsung Smart TVs, Apple TV, Google Chromecast, Roku, Xumo TVs and PCs.
Local residents and business owners should visit spectrumruralexpansion.com to learn more about when their home or business may be able to receive Spectrum services.
* Based on December 2022 FCC Broadband Data Collection locations.
** Based on 1Q 2024 subscriber data among top 3 carriers.
*** iOS (App Store) and Android (Google Play) average ratings as of July 1, 2024. Apps must have at least 150k reviews through combination of iOS & Android store reviews as of July 1, 2024.
Spectrum is a suite of advanced communications services offered by Charter Communications, Inc. (NASDAQ:CHTR), a leading broadband connectivity company available to 58 million homes and small to large businesses across 41 states. Founded in 1993, Charter has evolved from providing cable TV to streaming, and from high-speed Internet to a converged broadband, WiFi and mobile experience. Over the Spectrum Fiber Broadband Network and supported by our 100% U.S.-based employees, the Company offers Seamless Connectivity and Entertainment with Spectrum Internet®, Mobile, TV and Voice products.
More information can be found at corporate.charter.com.
Scott Pryzwansky, Scott.Pryzwansky@charter.com