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 Richland, 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 Richland natives, we're proud to serve the Lowcountry and all of South Carolina with trusted mortgage brokerage services.
Unlike some mortgage companies in Richland, 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 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.
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 Richland, 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 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:
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 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.
RICHLAND COUNTY, S.C. (WIS) - It’s been 68 days since former Broadway dancer Zelig Williams was last seen or heard from.Richland County investigators said Williams was last seen leaving his family home on Longwood Road on Oct. 3.The next day Williams’ car was found by a deputy in the parking lot of the Palmetto Trail Parking Lott off Bluff Road near McCord’s Ferry Roa...
RICHLAND COUNTY, S.C. (WIS) - It’s been 68 days since former Broadway dancer Zelig Williams was last seen or heard from.
Richland County investigators said Williams was last seen leaving his family home on Longwood Road on Oct. 3.
The next day Williams’ car was found by a deputy in the parking lot of the Palmetto Trail Parking Lott off Bluff Road near McCord’s Ferry Road.
On Tuesday, family, friends, and community members went back out to the trail for four hours to search for the 28-year-old again.
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Volunteers combed through the thick woods walking for miles, but unfortunately didn’t find any new answers.
With no sign of Zelig Williams yet, the Williams family remains hopeful.
“We’re going to always have hope but time is passing,” said Meioki Corbett Jacobs, Zelig’s cousin.
WIS was there as family, friends and community members embarked on the first of a series of organized searches scheduled for this week.
We asked Corbett Jacobs what exactly they’re hoping to find.
“Anything. Literally anything, that would lead us to Zelig,” she said. “You know the water was pretty high before when he was missing and even before Helene the water was high so really anything.”
More than 20 people showed up for the search on Tuesday and split into two groups.
One group searched by foot while the other group searched by boat.
WIS spoke with Zelig’s mother after the search ended for the day.
“I think it went very well and I felt at peace on the trail and everything and that’s a good thing,” said Kathy Williams, Zelig’s mother. “I just trust God. I have faith in him, and I believe and that’s all I need.”
But, this wasn’t the first time the family searched the trail.
WIS was there in early October just days after Zelig didn’t come home.
Now the family has extra help.
We Are the Essentials, a non profit group out of Florida, has teamed up with the family to help search.
Their team is made up of retired investigators.
“Our team was actually out here a month ago and did some searching today we’re doing a follow up,” Nico Tusconi, the president of We Are the Essentials.
Tusconi said weather conditions last month made their search more difficult.
“It was different water levels stuff like that and now that the waters have receded we’re out here just making sure we didn’t miss anything.“
Investigators with the Richland County Sheriff’s Department (RCSD) were there Tuesday morning helping with the search.
They said they are conducting their own searches, but could not say how they’ve been searching because of the ongoing investigation.
Another search is scheduled for Zelig on Thursday, Dec. 12.
The family is asking for more volunteers.
If you’re interested in helping, they ask that you be at the Palmetto Trail by 8:30.
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Copyright 2024 WIS. All rights reserved.
Published: Oct. 15, 2024 at 2:26 PM PDT|
COLUMBIA, S.C. (WIS) - It’s been more than a week since the disappearance of former Broadway dancer Zelig Williams.
The 28-year-old was last seen leaving his home on Longwood Road in Richland County on Oct. 3. A day later, his car was found more than 30 miles away parked at the Palmetto Trail Head parking lot.
Williams disappearance has made national headlines.
Actor Hugh Jackman, who worked alongside Williams, made a public call to action to bring Williams home.
Williams was widely known for his dancing career. He’s danced in several Broadway productions including Hamilton and MJ: The Musical.
Family members are continuing with their own search.
Private Investigator Chandra Cleveland, of SHE-Private Investigations, announced on Tuesday the family had hired her to investigate Williams' disappearance.
The press release from Cleveland said Williams was a “devoted believer in God,” and that he “had been exploring his faith by visiting various churches in the area and may have joined a men’s group.
The investigator asked anyone who may have had any interaction with him recently in church to also come forward, the news release said.
“It is unclear where Zelig was headed the morning he disappeared, and the family is eager to speak with anyone who may have seen or spoken with him around that time,” the news release said.
It also notes Williams needs medication.
Cleveland’s number is: 855-218-7772 and asks anyone with information to call her.
Investigators with the Richland County Sheriff’s Department told us, at last check, they were searching through phone records but there are no new updates at this time.
The family is urging anyone with any information on his whereabouts to please reach out to the Richland County Sheriff’s Department. The non-emergency line for the department is: 803-576-3000.
The sheriff’s department is planning to hold a press conference on Oct. 16 at 11 a.m.
As Williams' family continues to search for him, some of the people that he’s impacted most in the dance community, specifically, at the Southern Strut Dance Studio, are using their talents to raise awareness.
A sense of hope is what these dancers feel when they perform a dance made in honor of Zelig Williams. They performed it for the first time Thursday night ― just a week after Williams disappeared.
“After they were done performing, they said they felt hopeful and they wanted to share the same love Zelig gave to them back to him,” said Nancy Giles, the owner of Southern Strutt.
Giles said she remembered when Williams first came to the studio at 12 years old. Giles said he began dancing in a class once a week.
She said, “I think what stood out to me most was his smile. His eagerness to learn and his light. He had so much light about him.”
And that light quickly became a star.
Williams came to Southern Strutt after losing his two sisters in a car crash. Giles believes he used dance to get him through that tragic period in his life.
“And from there he just moved forward and radiated with hope and light and sunshine and talent,” said Giles. “He was brilliant and just impacted everyone around him,” she added.
A force to be reckoned with is how Giles describes Williams when he hits that dance floor.
She said it wasn’t long after Williams first walked into that studio that he became a part of an elite group of male dancers. Launching his career on Broadway.
“He could make you laugh. He could make you cry. He could make you feel like everything was okay. He could fill your heart all in one performance” she reminisced.
Williams performed in several professional shows including Broadway productions of Hamilton and MJ: The Musical. Giles says she hopes performances like this aid in the effort to bring Williams back home.
“It keeps me hopeful. It keeps me wanting to keep his name and face out there. So people will know he is human and he is worth finding,” said Giles.
Feel more informed, prepared, and connected with WIS. For more free content like this, subscribe to our email newsletter, and download our apps. Have feedback that can help us improve? Click here.
Copyright 2024 WIS. All rights reserved.
FOREST ACRES — Crews have been tearing down the long-struggling Richland Mall in Forest Acres since March to make way for a city park, apartments and retail space.Since work began on March 21, massive portions of the 930,000-square-foot structure have been torn down, with only a sliver of the three-story building remaining in the back of the lot, furthest awa...
FOREST ACRES — Crews have been tearing down the long-struggling Richland Mall in Forest Acres since March to make way for a city park, apartments and retail space.
Since work began on March 21, massive portions of the 930,000-square-foot structure have been torn down, with only a sliver of the three-story building remaining in the back of the lot, furthest away from the former mall entrances on Forest Drive and North Beltline.
Demolition of the mall structure is proceeding on schedule and is slated to be complete by the end of the year, Forest Acres Mayor Thomas Andrews said at a Dec. 10 meeting where the city approved a master plan for the future park on the site.
“We are happy with the progress of both the mall demolition and the planning for the city’s new park at the site,” Andrews said in a subsequent statement. “So far, everything is on schedule and that’s no small thing for a project of this scope and magnitude.”
After the remaining portions of the mall have been completely razed, workers from Demolition Environmental Company will crush and clear the concrete from the building to be recycled, and prepare the site for future construction.
That work is scheduled to be completed in March 2025, a year after excavators began tearing down the facade of the mall.
“It’s hard to believe we only started demolishing this mall in March,” Andrews said. “And by this time next year, we should expect to see new buildings under construction. It’s an exciting new chapter for our city.”
Crews have remained on track to level the mall despite a fire that broke out as crews tore down the former movie theater on the building’s roof in July, Hurricane Helene’s generational wind damage in Forest Acres in September and multiple arrests of trespassers on the site since demolition began.
Parts of the building which held all of the mall’s former anchor stores have been demolished as of Dec. 20, including the former Barnes and Noble space, which was the last store to leave the mall in Sept. 2023.
The mall’s three-level parking garage has been preserved for use in the site’s future redevelopment, which includes over $100 million in apartments, retail and a public park.
The City of Forest Acres approved a master plan for the six-acre public park slated for a portion of the site at a Dec. 10 meeting. That plan calls for various green spaces and seating areas, a playground and spaces for a farmers market and live performances.
The park will be situated on the back of the site along Pen Branch creek, which formerly ran under the mall’s back parking lot.
The city has taken some of the first steps toward cleaning up the creek in order to make the flowing water a centerpiece of the park, Andrews said at the Dec. 10 meeting.
Augusta-based Southeastern Development bought the 32-acre mall property in an $18.6 million deal in early 2023 before selling the 6-acre park plot to the city for $3 million.
Southeastern has yet to finalize the design for the redevelopment. Preliminary proposals for the mixed-use development include more than 500 apartments, restaurants and retail space, a grocery store and a brewery. Current plans call for a portion of the parking garage to remain for use in the future redevelopment.
“We anticipate the development to create a new city center in Forest Acres,” Andrews said. “We are hopeful the park and the retail will have strong synergy that will be enjoyed not only by our residents, but increase tourism from the greater Midlands into Forest Acres.”
Southeastern has received $23 million in tax breaks from Richland County and Forest Acres, The Post and Courier previously reported. Property taxes on the site will be waived for 20 years, or until the tax value meets that amount.
Southeastern previously forecast the development could take close to a decade to be completed once demolition began, according to a press release on the city’s website.
The first phase featuring the brewery, grocery store, park and some apartments is expected to be finished first, in three to four years, with a second phase of more retail and apartments coming after, taking another four to five years.
The final development will reduce the 930,000-square-feet of retail space in the former mall to around 215,000 square feet in the new development. City officials expect traffic concerns to be muted by the reduction in square footage.
Richland Mall originally opened to the public as a open-air mall in the 1960s before being enclosed in the ‘80s with the three-story building now being demolished. Successful as an open-air shopping center, the mall struggled to attract tenants after being enclosed.
The Richland Mall had welcomed increasingly fewer shoppers and several failed redevelopment plans for over half a century when demolition began in March, marking a new chapter in the city’s history.
Westinghouse’s nuclear fuel plant expansion faces uncertainty as Richland planners rejected rezoning.HOPKINS, S.C. — The Richland County Planning Commission has pumped the brakes on a proposed expansion by Westinghouse Electric Company, potentially slowing progress on a state-of-the-art nuclear fuel plant in Hopkins.In ...
Westinghouse’s nuclear fuel plant expansion faces uncertainty as Richland planners rejected rezoning.
HOPKINS, S.C. — The Richland County Planning Commission has pumped the brakes on a proposed expansion by Westinghouse Electric Company, potentially slowing progress on a state-of-the-art nuclear fuel plant in Hopkins.
In a decision Monday night, the commission recommended disapproval of a rezoning request for 52.71 acres of undeveloped land near Westinghouse’s Bluff Road facility. The company sought to rezone the land from agricultural to heavy industrial to build a new facility for advanced nuclear fuel manufacturing. The rezoning proposal will now go to the Richland County Council, which will make a final decision on December 17.
While Westinghouse has positioned the expansion as a step toward producing Low Enriched Uranium Plus (LEU+), an advanced nuclear fuel, the planning commission found the proposal inconsistent with the county's 2015 Comprehensive Plan, which designates the area for conservation. The plan prioritizes low-impact uses, such as forestry and natural open spaces, particularly near the Congaree River.
Residents raised concerns about potential environmental impacts. The facility is close to the Congaree River biosphere.
Richland County Councilman Don Weaver said Tuesday the council must weigh the economic advantages of the expansion, which promises to bring high-paying, high-tech jobs to the area.
“We don't have a lot of high-tech industry out there,” Weaver said. “These are good-paying jobs, and we want to encourage that.”
Westinghouse announced in 2023 its plans to build a 275,000-square-foot facility on the site, slated to begin construction in late 2025 and be operational by 2029. The project, according to the company, is essential for meeting demand from the nation’s nuclear power plants.
In a statement provided after the planning commission’s decision, Westinghouse said, “For the last 50 years, Columbia has produced the nuclear fuel that powers roughly 10% of all the electricity used in the United States. This expansion would help us continue to provide the safest, most advanced nuclear fuel to the nation’s nuclear power plants. We are working with Richland County officials on our planned expansion...."
Councilman Weaver says he wants to see more specific plans for how the land would be used before making any decisions about the rezoning.
“We need to hear more from Westinghouse—to hear what they plan on doing with the change in zoning,” Weaver said.
The rezoning proposal will go before the Richland County Council at its next zoning public hearing on December 17.