Mortgage Broker in Ridgeville, SC

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.

Contact Us For Service !

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 Ridgeville, 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.

 Mortgage Broker Ridgeville, SC
 Mortgage Company Ridgeville, 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.

 Mortgage Lending Service Ridgeville, SC
 Refinancing Ridgeville, 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 Ridgeville, 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

Head-bottom

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 Ridgeville, 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
 Refinances Ridgeville, SC

Latest News in Ridgeville, SC

Redwood Materials visits SC – the latest on its $3.5B Berkeley County project

Listen to this articleBy Christmas, Redwood Materials, a producer and recycler of anode and cathode battery components for electric vehicles, expects to be operating out of its 600-acre site at Camp Hall Commerce Park in Ridgeville.“We are very much ‘building the plane as we fly it,’ which means building smaller buildings, getting production up and going while we're building other multimillion square foot (sized) facilities so we can scale and grow into those,” said Alexis Georgeson, vice president of co...

Listen to this article

By Christmas, Redwood Materials, a producer and recycler of anode and cathode battery components for electric vehicles, expects to be operating out of its 600-acre site at Camp Hall Commerce Park in Ridgeville.

“We are very much ‘building the plane as we fly it,’ which means building smaller buildings, getting production up and going while we're building other multimillion square foot (sized) facilities so we can scale and grow into those,” said Alexis Georgeson, vice president of communications and government relations for Redwood Materials at a Feb. 15 breakfast hosted by the Berkeley County Chamber of Commerce.

In late 2022, Nevada-based Redwood Materials — founded by Tesla co-founder JB Straubel —announced its $3.5 billion investment to establish operations in Berkeley County, marking the largest economic development announcement in the history of South Carolina. The company expects to create 1,500 new jobs over the next 10 years.

“Research and development a big part of our focus and there will be a lot of that happening at the Berkeley campus. We hope to be working very closely with ReadySC on a lot of worker training,” Georgeson told a packed house at the South Carolina Aeronautical Training Center at Trident Technical College.

Redwood Materials, created in 2017, is the first company in the world that recycles used electric vehicle batteries and other types of batteries to extract crucial components that can then be sent to car manufacturers to be put into new electric vehicle batteries. Currently, those components exclusively come from Asia.

“Our business model is a little bit different than some other battery recyclers (in that) they're not going further downstream and doing the refining. Unless you're going further into the refining process, you're actually having to export the material and relying on another country to refine it for you,” Georgeson said. “We feel the pressure every single day to get up and going as quickly as possible and be able to feed (automakers) these components domestically. They don't have any plans other than to send $150 billion overseas to Asia right now to source these components.”

Redwood Materials works with auto dismantlers to source used and end-of-life electric vehicle batteries, either when a car reaches the end of its life or was crashed and no longer drivable, Georgeson said.

“Until now, (dismantlers) haven't had a downstream plan for these batteries. They've pretty much been just storing them and waiting for someone like Redwood to come along and take these batteries off their hands,” Georgeson said. “We go into the field, we send our own fleet of trucks and collect these thousand-pound batteries safely, package them and transport them.”

One of Redwood Materials’ largest customers is Panasonic, which manufactures Tesla electric vehicles at Tesla’s gigafactory. Panasonic will be sourcing both anode and cathode battery components from Redwood.

“The beauty of these (components) is that they can be infinitely recycled,” Georgeson said. “At a certain point where our population starts (swapping) an internal combustion engine for an electric vehicle — and if you believe that at some point, we will all be driving electric vehicles — we can hit a plateau where we’re recycling one vehicle to create a new vehicle and we’re no longer having to mine these materials (from the Earth). That's really a future that we firmly believe is not too far off.”

Georgeson said Redwood Materials is continuously looking to streamline operations and open up new recycling avenues and opportunities—including a direct consumer recycling program for household electronics.

“We send graphite recovered in our mining process downstream for industrial lubrication. We’ve got gypsum as part of our downstream product and we send that to drywall manufacturers,” Georgeson said. “Everything that's recovered in the process is reused or sent to another partner that needs it in their process. In terms of rail and trucking, we anticipate using rail very heavily on the (Camp Hall) site.”

Since recycling is the hallmark of the company, the Berkeley County facility will use renewable energy to power its operations and water used in its hydro operations will be continuously recycled.

“Our facility in Nevada, as well as the one in Berkeley County, will use one hundred percent renewable energy and have no wastewater,” Georgeson said. “Our Nevada facility took twelve months from breaking ground to products coming out of the facility. We move fast. The ability to get going on the Camp Hall site very quickly was a critical factor for us, as well as being located in a great central downtown where we knew we'd be able to recruit and retain talent.”

Pushing The Envelope Of What Industrial Parks Can Be

According to Merriam-Webster, an industrial park is “an area of a town or city that is designed especially for factories or offices.” Many industrial parks are just that and nothing more. But a select number of industrial parks nationwide are now pushing the boundaries of what such a development has been or could be. Two top examples are Camp Hall near Charleston, S.C. and MidAmerica Industrial Park near Tulsa, Okla.Camp Hall, located in Ridgeville, S.C., northwest of Charleston, has carved out its distinctive standing thr...

According to Merriam-Webster, an industrial park is “an area of a town or city that is designed especially for factories or offices.” Many industrial parks are just that and nothing more. But a select number of industrial parks nationwide are now pushing the boundaries of what such a development has been or could be. Two top examples are Camp Hall near Charleston, S.C. and MidAmerica Industrial Park near Tulsa, Okla.

Camp Hall, located in Ridgeville, S.C., northwest of Charleston, has carved out its distinctive standing through its commitment to the environment and the protection of wildlife. Almost 40 percent (2,600) of the industrial park’s 6,800 acres has been set aside as preserved acreage.

Efforts to maintain a natural coastal South Carolina habitat have included restoring wildlife habitats for native species, as well as establishing a ‘pollinator pathway” traversed by birds, bees and butterflies. A wetlands restoration project is underway, with the goal of restoring approximately 480 acres of wetlands.

Among the corporate tenants of the master-planned park is Volvo, which chose Camp Hall as the site of its first-ever U.S. manufacturing plant.

Volvo employees and others who work in the park benefit from a people-focused workforce design, which among other perks gives them access to a more than 15-mile trail system through the park. Another amenity is Avian Commons, a Wi-Fi connected collection of small businesses that includes a convenience store, dry cleaner, bank, fitness center and fuel center. It will eventually incorporate an event lawn and playfield for gatherings and celebrations.

“Camp Hall is unique in that it puts just as much emphasis on the area’s natural beauty and nature as it does on infrastructure and amenities,” said Charleston Regional Development Alliance Director of Global Business Megan Anderson. “Prospective companies have been blown away at the quality of place they could potentially offer their future employees.”

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ByAmy DaniseEditor

ByJason MetzEditor

Building workforce

In Pryor, Okla., 45 miles east of Tulsa, MidAmerica Industrial Park (MAIP) stands out for its evolution into what its chief executive officer calls “a multifaceted employment center.” Operating for almost six decades, MAIP encompasses 9,000 acres, is the largest industrial park in the Sooner State and one of the biggest in the U.S.

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It’s not only home to 80 companies that include Google, Chevron, Siemens and other Fortune 500 firms, but also offers health care services and is now building housing within the park. A robust workforce development component trains future workers. MAIP has forged strategic alliances with on-site educational partners delivering relevant programs and services the park’s employers require.

As well, MAIP has unveiled a new MidAmerica Career Center, a kind of one-stop shop for career guidance. It also links employers to crucial job resources accessed from state, tribal and corporate agencies.

Staying invested

“In today’s economic development market, the evolution of an industrial park into a multi-faceted employment center is a cornerstone to inclusive growth in jobs and people,” said David Stewart, MAIP’s CEO. “We continue to evolve, not only to remain relevant, but also to surpass the competition and meet the ever-changing demands of industry . . . Without the generations of hard work behind us, we would not have the experience necessary to compete as a top-tier site location for mega employers.”

MidAmerica Industrial Park has reaped enormous success in luring international companies like DuPont, Canoo and others.

Noted Arthur Jackson, senior vice president of economic development at the Tulsa Regional Chamber: “Not only does its size and central location make it an ideal place for businesses, but MidAmerica continues to invest in infrastructure and workforce development, positioning the park for future growth.”

Lowcountry day trip: Must visit places in Ridgeville

If you’re seeking a day trip from Charleston – a Lowcountry retreat that may seem far away from it all, but is really only a short 35-mile drive – consider the town of Ridgeville, SC.It has a small town feel and friendly charm, enveloped within the woods of Dorchester County. While driving through the town, you may get stopped by one of the many trains that passes through, but luckily, your kids will enjoy watching it “toot” by.Although technically not located in Ridgeville, we suggest sta...

If you’re seeking a day trip from Charleston – a Lowcountry retreat that may seem far away from it all, but is really only a short 35-mile drive – consider the town of Ridgeville, SC.

It has a small town feel and friendly charm, enveloped within the woods of Dorchester County. While driving through the town, you may get stopped by one of the many trains that passes through, but luckily, your kids will enjoy watching it “toot” by.

Although technically not located in Ridgeville, we suggest starting your day in nearby Cottageville at Bee City Petting Zoo to beat the heat and the crowds. Family owned and operated for over 30 years, Bee City is a famous local spot for exotic animal encounters. As the name implies, there is a honeybee farm as well, and they have a petting zoo and butterfly garden.

Some of the animals you’ll encounter (and have the opportunity to feed) at Bee City include wallabies, lemurs, alpacas, monkeys and goats. They also feature snakes, lizards, turtles, frogs and alligators. Before you go, be sure to stop by the gift shop to pick up a bottle of their delicious honey which is processed on site.

From Bee City, head to Givhan’s Ferry State Park for even more fun. The kids will love the playground, and if you fish, there’s a beautiful spot on the Edisto River where you’ll hopefully reel one in. After a little fishing, there’s even a 1.5 mile hiking trail called River Bluff Nature Trail that will take you up to a beautiful view of the Edisto.

Fun fact: The Edisto River is the longest free-flowing blackwater river in North America. You can paddle 23 miles to Colleton State Park, if you feel so inclined.

And no visit to Ridgeville is complete without a stop at Duke’s Bar-B-Que. This almost 40-year-old local favorite, feels more like a church BBQ or a family reunion, rather than a restaurant. The buffet style has plenty of options to choose from. Trust me…you won’t leave hungry! Keep in mind, Duke’s is only open Friday-Sunday.

There is so much to see and do in the tri-county area and exploring the north end in the town of Ridgeville will be a day filled with adventure that you won’t soon forget.

Cold storage company announces investment, new jobs for Dorchester County

RIDGEVILLE, S.C. (WCSC) - A cold storage solutions company plans to invest more than $70 million to establish operations in Dorchester County, the governor’s office announced Thursday.Arcadia Cold Storage & Logistics is a third-party cold chain services provider that focuses on handling, storage, distribution and value-added services for the food industry. The company works to bridge supply gaps within the cold chain industry through modern cold storage warehouse development and services.“We are extremely excite...

RIDGEVILLE, S.C. (WCSC) - A cold storage solutions company plans to invest more than $70 million to establish operations in Dorchester County, the governor’s office announced Thursday.

Arcadia Cold Storage & Logistics is a third-party cold chain services provider that focuses on handling, storage, distribution and value-added services for the food industry. The company works to bridge supply gaps within the cold chain industry through modern cold storage warehouse development and services.

“We are extremely excited about this project and want to express our sincere thanks to the South Carolina Ports Authority, Dorchester County, our Saxum Real Estate partners, the Governor and the Department of Commerce in the great state of South Carolina for their support,” Arcadia CEO Chris Hughes said. “We are very bullish on the Charleston market — the advantages of the Port of Charleston as a Southeast gateway out of and into the U.S. — and on our ability to provide the specialized and unique handling and storage services that will be required for retailers, frozen and refrigerated food manufacturers, and fruit and produce importers to grow their market share in the region. Most importantly, we are proud to bring new jobs to Dorchester County and the surrounding communities.”

The new operation, which will be located at the Ridgeville Industrial Campus, will support high-volume throughput handling services including a variety of value-added services, full pallet handling, case picking and transportation management. The company will utilize the Port of Charleston to support both import and export trade.

“The demand for efficient food distribution across the United States will only continue to grow, and it’s innovative companies like Arcadia Cold Storage & Logistics that are answering the call and addressing supply gaps,” Gov. Henry McMaster said. “We are proud to welcome this company to Dorchester County, and look forward to the positive impact they will make in South Carolina and on the U.S. food supply chain.”

The company expects the investment will create 69 new jobs.

“We are excited to welcome Arcadia Cold Storage & Logistics to Dorchester County and celebrate the 69 new jobs that the company will create,” Secretary of Commerce Harry Lightsey said. “South Carolina’s talented workforce, ideal East Coast location and efficient infrastructure network make our state the perfect location for Arcadia Cold Storage & Logistics’ new operations.”

The facility is expected to be operational by early 2024. Those interested in joining the Arcadia Cold Storage & Logistics team should visit the company’s careers page.

Copyright 2022 WCSC. All rights reserved.

Second phase of Camp Hall Commerce Park campus 4 construction begins in Ridgeville

RIDGEVILLE, S.C. (WCIV) — Phase two of construction of the Campus 4 in Camp Hall Commerce Park is underway.The second phase involves the construction of a 1,123,360-sq-ft industrial facility on 110.6 acres of land.“We’re proud of the progress we’ve made on Phase I of this project, and our team is excited to carry that momentum through to Phase II. Camp Hall is an expertly planned, best-in-class park, and we’re honored to be involved in the full development of Campus 4," said Keith Horton, seni...

RIDGEVILLE, S.C. (WCIV) — Phase two of construction of the Campus 4 in Camp Hall Commerce Park is underway.

The second phase involves the construction of a 1,123,360-sq-ft industrial facility on 110.6 acres of land.

“We’re proud of the progress we’ve made on Phase I of this project, and our team is excited to carry that momentum through to Phase II. Camp Hall is an expertly planned, best-in-class park, and we’re honored to be involved in the full development of Campus 4," said Keith Horton, senior project manager at Frampton Construction.

Read More: Clyburn: $25M in federal funding for new railway tracks to support Camp Hall Commerce Park

The Camp Hall project was designed and promoted by Santee Cooper in partnership with the South Carolina Department of Commerce, Berkeley County, Edisto and Berkeley Electric Cooperatives, the South Carolina Power Team, the Charleston Regional Development Alliance, and the South Carolina Ports Authority.

“The full development of Campus 4 at Camp Hall Commerce Park gives Portman Industrial a substantial land position with state-of-the-art logistics facilities in the highly constrained Charleston market. Campus 4 provides us with the ability to target a diversity of tenants desiring smaller, single-load facilities that have been the hallmark of Charleston’s tenant demand,” says John Gaskin. “Campus 4 also fills a void in immediate supply of cross-dock logistics facilities of +/- 500,000 square feet and +1,000,000 square feet, which are in short supply in Charleston and desired by present and future port customers.”

Frampton Construction Company, LLC. is leading the construction project.

Read More: McMaster touts new Volvo Car University, electric vehicle investment in Ridgeville

Phase one of the Campus 4 construction is still underway. It includes three industrial facilities with a combined 940,000-sq-ft. That phase is over 60% leased at this time.

Last June, nearly two dozen miles of new railway track were given federal funding to the tune of $25 million.

The money was slated for the South Carolina Department of Commerce's Palmetto Railways division to construct approximately 22.7 miles of new track and related facilities. This will connect the Camp Hall Commerce Park in Ridgeville to the CSX multi-state rail network.

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