Your Path to Homeownership Starts Here - Expert Mortgage Assistance

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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

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

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

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

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.

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Free Consultation phone-number (843) 822-5685

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 Richland, 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

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.

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Mortgage Lending Service Richland, SC

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.

Refinancing Richland, SC
Refinances Richland, SC

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.

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 Richland, 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.

What Clients Say About Us

Mission One Mortgage: Turning Dreams into Reality, One Mortgage at a Time

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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 Richland, 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 !

phone-number (843) 822-5685
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Latest News Near Me Richland, SC

Man accused of holding victim at gunpoint at Chuck E. Cheese in Richland County

COLUMBIA, S.C. (WIS) - Two people were arrested after an incident at a Chuck E. Cheese in Richland County over the weekend.The Richland County Sheriff’s Department said Tavares McFadden-World and Kenzie Miller, both 19, were booked at the Alvin S. Glenn Detention Center after their arrests.According to RCSD, deputies were called to the restaurant on Burning Tree Drive at around 4:20 p.m. Saturday after reports of a situation involving a weapon.Multiple victims and witnesses reportedly told deputies McFadden-World p...

COLUMBIA, S.C. (WIS) - Two people were arrested after an incident at a Chuck E. Cheese in Richland County over the weekend.

The Richland County Sheriff’s Department said Tavares McFadden-World and Kenzie Miller, both 19, were booked at the Alvin S. Glenn Detention Center after their arrests.

According to RCSD, deputies were called to the restaurant on Burning Tree Drive at around 4:20 p.m. Saturday after reports of a situation involving a weapon.

Multiple victims and witnesses reportedly told deputies McFadden-World pointed a firearm at three different people. McFadden-World also allegedly held one victim against their will and threatened them while holding the gun in his hand. He then reportedly left with Miller inside her vehicle.

Another person also told deputies that after McFadden-World pointed a gun at them, they responded by pulling out their own gun as he and Miller were leaving. RCSD noted that this person was cited for breach of peace.

RCSD said Miller’s vehicle returned to the area as deputies were still at the scene. She and McFadden-World were both detained, with the latter later admitting he had pointed the gun inside Chuck E. Cheese. Miller also reportedly admitted to driving McFadden-World away from the scene after seeing him point the gun.

No shots were fired and no injuries were reported, according to RCSD.

McFadden-World is charged with three counts of pointing and presenting, second-degree assault, kidnapping and tampering with evidence. As of Monday, records show McFadden-World is being held on a $75,000 bond.

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Man accused of going 120+ mph in chase with Richland County deputies

COLUMBIA, S.C. (WIS) - A man has been charged after reportedly leading deputies with the Richland County Sheriff’s Department on a high-speed chase on Tuesday.RCSD said 50-year-old Eric Junious was arrested and charged with reckless driving and failure to stop for blue lights.According to an incident report obtained by WIS, RCSD said it received a call about a series of vehicle break-ins at the Comfort Suites on Daulton Drive. Hotel staff reportedly showed deputies surveillance videos that showed Junious breaking into mul...

COLUMBIA, S.C. (WIS) - A man has been charged after reportedly leading deputies with the Richland County Sheriff’s Department on a high-speed chase on Tuesday.

RCSD said 50-year-old Eric Junious was arrested and charged with reckless driving and failure to stop for blue lights.

According to an incident report obtained by WIS, RCSD said it received a call about a series of vehicle break-ins at the Comfort Suites on Daulton Drive. Hotel staff reportedly showed deputies surveillance videos that showed Junious breaking into multiple vehicles, including utility work trucks.

RCSD then ran the North Carolina tags on Junious’s Nissan Altima and discovered they were expired. A deputy later tried to stop Junious, but the latter reportedly initiated a chase by turning into a gas station near Interstate 20 and then left onto Two Notch Road.

According to the report, Junious weaved in and out of traffic on Two Notch Road and continued to do so while on Trenholm Road, Decker Boulevard and Oakcrest Road. Junious then reportedly drove onto Highway 277, where he continued weaving in and out of traffic and driving at speeds over 120 miles per hour.

RCSD said Junious eventually got off the highway and was stopped at a 7-Eleven on Wilson Boulevard after being boxed in. WIS was at the scene Tuesday night, showing the aftermath of the chase.

The sheriff’s department said Junious initially refused to comply, but later got out of the car and was arrested. He refused to be taken to a hospital.

Records show Junious was booked at the Alvin S. Glenn Detention Center and remains there as of 1 p.m. Wednesday on a nearly $3,000 bond.

This is a developing story. Stay with WIS for the latest details.

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Richland County moves forward with $4 million plan to address affordable housing

Richland County has approved a $4 million plan to expand affordable housing and provide down payment assistance for first-time homebuyers.RICHLAND COUNTY, S.C. — Richland County is moving ahead with a $4 million initiative aimed at expanding affordable housing options and supporting first-time homebuyers, including teachers and first responders.The funding, approved during a recent meeting of the county’s Affordable Housing Advisory Committee (AD HOD), will be evenly split between two main efforts: $2 million for th...

Richland County has approved a $4 million plan to expand affordable housing and provide down payment assistance for first-time homebuyers.

RICHLAND COUNTY, S.C. — Richland County is moving ahead with a $4 million initiative aimed at expanding affordable housing options and supporting first-time homebuyers, including teachers and first responders.

The funding, approved during a recent meeting of the county’s Affordable Housing Advisory Committee (AD HOD), will be evenly split between two main efforts: $2 million for the construction of new affordable housing and $2 million for down payment assistance.

Richland County Administrator Leonardo Brown said the first priority is addressing the shortage of available homes.

“We want to first try to address the housing supply by partnering with other agencies, whether they are government agencies or non-profit agencies or private agencies, who are in the business of turning property that are currently on the market into a usable space for people to use as housing or construct new housing,” Brown said.

The county’s plan includes targeted assistance for first-time homebuyers.

Councilman Don Weaver, who serves on the Affordable Housing Advisory Committee, explained that the assistance would be structured as a 50-50 match.

“Like, lets say the down payment would be $6,000 to get in the house, 3% down, the county might do $3,000, and the family or buyer would do the other $3,000 so it would be a 50% match,” Weaver said.

Weaver added that the housing affordability crisis has become a growing concern, even within his own district.

“From the folks I've talked to, I think anything they would feel like they have that encourages homeownership, which would give people roots in the community, so they would feel like they have invested in putting money back in that property, whether it's fixing it up,” he said.

While the $4 million comes from one-time funds, county officials hope the impact will be long-lasting and influence future housing policies in Richland County.

“But before either one of those things kicks off, the next step is for county council to take the recommendations of that AD HOD Committee and determine whether or not they approve of those recommendations,” Brown said.

Brown anticipates that affordable housing will remain a major topic of discussion during upcoming county council meetings in October.

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