Mortgage Broker in Seabrook Island, 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 Seabrook Island, SC, from which to choose.

In addition to finding a home loan lender, your mortgage broker will help you settle on the best loan options and interest rates for your budget. Ideally, your mortgage broker will take a great deal of stress and legwork off your plate while also potentially saving you money.

Help with the Pre-Approval Process

If you're ready to buy a home, getting pre-qualified is a great choice that will streamline the entire process. Your mortgage broker makes getting pre-approved easy by obtaining all the documents needed to get you pre-qualified. In taking a look at your application, they will determine if you're ready for the pre-approval process. If your application needs additional items, the mortgage company will help point you in the right direction to ensure your application is as strong as it can be. Your mortgage broker will also walk you through the different types of loans, from Conventional and FHA to VA and USDA.

In order to be pre-approved for a home in South Carolina, you must have the following:

  • Two Years of W2 Forms
  • 30 Days of Pay Stubs from Employer
  • 60 Days of Bank Statements
  • A Valid Driver's License

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 Seabrook Island, SC
 Mortgage Company Seabrook Island, 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 Seabrook Island, SC
 Refinancing Seabrook Island, 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 Seabrook Island, SC, works for a bank or credit union, while a mortgage broker works for a brokerage company. Home loan originators and mortgage brokers are both licensed by the Nationwide Multistate Licensing System (NMLS).

Q. I've heard from everyone that you must have mortgage insurance to buy a home. What is mortgage insurance?

A. Essentially, mortgage insurance helps protect lenders if a borrower forecloses on the home they bought. One advantage of mortgage insurance is that when borrowers pay it, lenders can often grant loans to buyers when they might not have otherwise. Though not always required to buy a home, mortgage insurance is often needed for down payments of less than 20%.

Q. I have just been pre-approved to buy a beautiful home in South Carolina. Is there anything I shouldn't do now that I'm pre-qualified?

A. Mortgage companies like Mission One Mortgage, make getting pre-qualified for a home easy. However, as your loan process continues, your lender is required to run a new credit report before closing on a home. For that reason, it's to avoid any activity that might affect your credit score, such as:

  • Do not become a co-signer on a loan with someone else.
  • Do not quit or change your job.
  • Do not apply for new credit cards, automobile loans, or any other lines of credit.
  • Do not use your credit card to pay for large purchases, like furniture for your new house.
  • Do not avoid payments on current lines of credit, loans, or utility bills.

Q. My brother-in-law recently refinanced his home in South Carolina. What is refinancing, and should I consider refinancing my home too?

A. Refinancing your home basically means you're swapping your current mortgage for a new one, most often with a lower interest rate. If you would like to reduce the term of your loan, lower your monthly mortgage payments, or consolidate debt, refinancing may be a smart option. Many homeowners also choose to refinance if they want to switch from adjustable-rate mortgages to fixed-rate mortgages or to get cash back for home renovations. To learn whether refinancing is a viable option for your situation, contact Mission One Mortgage ASAP, as loan rates change frequently.

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

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 Seabrook Island, SC, we have years of experience working with a diverse range of clients, from first-time buyers and investors to self-employed borrowers and non-native English speakers.

Though every mortgage situation is different, one thing never changes: our commitment to clients. Contact our office today to get started on an exceptional home-buying experience.

Contact Us For Service !

phone-number (843) 822-5685
 Refinances Seabrook Island, SC

Latest News in Seabrook Island, SC

Seabrook Island neighbors push for short-term rental cap, mayor says no cap needed

SEABROOK ISLAND, S.C. (WCSC) - Seabrook Island neighbors are petitioning their leaders to cap the number of short-term rentals, stating there is overcrowding due to what they called over-tourism, but the mayor said the town has no plans to do so.Seabrook Island homeowner Ted Flerlage says over 700 of his neighbors want to cap the number of short-term rentals on the island.“What we’re trying to do is cap, not end the process of short-term rentals, cap at roughly the present numbers, evaluate what happens after that,&...

SEABROOK ISLAND, S.C. (WCSC) - Seabrook Island neighbors are petitioning their leaders to cap the number of short-term rentals, stating there is overcrowding due to what they called over-tourism, but the mayor said the town has no plans to do so.

Seabrook Island homeowner Ted Flerlage says over 700 of his neighbors want to cap the number of short-term rentals on the island.

“What we’re trying to do is cap, not end the process of short-term rentals, cap at roughly the present numbers, evaluate what happens after that,” Flerlage said, “and then, determine whether or not we should lower the number of short-term rentals.”

As of June 19, there are 484 of these properties on the island, which residents said has led to overcrowding on the island’s streets and amenities.

Mayor John Gregg said for this year, data gathered over the past few months suggest otherwise.

“We’re not going to be looking at imposing limitations on the number of short-term rental units,” Gregg said.

Coastal Getaways owner Nancy Buck said more people are starting to call the island home, and good rentals are full for around 40% of the year.

She says all of her clients are property owners who rent to help offset the costs of the amenities, taxes and insurance.

“We’ve also gone from 35% permanent residents to 60% residents in the last two years,” Buck said. “Twenty-five percent of the properties have turned over since 2019.”

Buck also adds the majority of the amenities are mostly used by members and not rental guests.

However, the homeowners want the town’s government to hear them out.

“I’d like him to reconsider,” Flerlage said. “I’d like him to look at the reality and listen to the people who are property owners here, the residents on the island. You know, 700 people is a big number.”

“Let’s wait and see how this year goes,” Buck said. “They instituted the short-term rental ordinance couple of years ago, or actually, last year, so let’s give it a full year to see how it goes.”

Both Buck and the homeowners said they want to work out their differences over the next several months to come up with a solution that works for everyone.

Copyright 2022 WCSC. All rights reserved.

Some Seabrook Island residents call for cap on short-term rentals

SEABROOK ISLAND, S.C. (WCSC) - An ongoing battle over short-term rentals is brewing on Seabrook Island, where homeowners say uncontrolled growth of properties is affecting their quality of life.Homeowners Ted Flerlage and Paul McLaughlin said although they do not want to end short-term rentals on the island, the effects of recent growth have prompted them to call for a cap on short-term rentals.“If you come here in July, around July Fourth, as a resident walking out boardwalk one, let’s say, to north beach, there&rs...

SEABROOK ISLAND, S.C. (WCSC) - An ongoing battle over short-term rentals is brewing on Seabrook Island, where homeowners say uncontrolled growth of properties is affecting their quality of life.

Homeowners Ted Flerlage and Paul McLaughlin said although they do not want to end short-term rentals on the island, the effects of recent growth have prompted them to call for a cap on short-term rentals.

“If you come here in July, around July Fourth, as a resident walking out boardwalk one, let’s say, to north beach, there’s no space, and that is a rental issue,” Flerlage, who has lived on the island since March 2020, said. “That is a noise issue. It is a parking issue because every spot on the limited parking area is taken.”

The two homeowners have spearheaded the Preserve Seabrook effort. A letter sent to residents as part of the effort says concerns “center on the uncontrolled growth of short-term rentals, especially on streets where there are many full-time and private residential properties.”

“We aim to retain a reasonable offering of properties that can be rented by guests who love to visit and vacation on our beautiful island, while ensuring Seabrook does not gradually morph into a resort community,” the letter states. “We believe adding a cap on the number of resort properties on Seabrook would protect the unique qualities of our island while allowing revenue generated through rental properties to continue to flow back to the town through state and county accommodation taxes that the renters pay.”

Over 300 residents have signed a petition to cap the number of short-term rentals on the island, according to McLaughlin.

The petition seeks a single question on the Nov. 2, 2021 ballot that asks if voters support:

“Seabrook, when I bought here in 2002 and built our house here in 2009, it was more like ‘Cheers,’” McLaughlin said. “Everybody knew your name. Now, with the influx of 500 rental properties and growing, it’s changed a lot, and the quality of life on the island has changed a lot.”

Seabrook Island Mayor John Gregg said a petition from those calling for a cap has been sent to a committee, which will conduct a factual inquiry and then report to town council with recommendations.

“The object for the ad hoc committee was to identify inquiries of factual matters that could inform council as it considers whether or not it is warranted to do further regulation,” Gregg said.

The mayor added that to operate a short-term rental on the island, homeowners need to have a business license and a permit from the town.

McLaughlin and Flerlage said they welcome the data-driven effort but want more communication from the town and to work with them on a solution.

“Our question to them: What is the tipping point? If 500 isn’t the tipping point, is it 600? Is it 700? Is it 800? So, in the meantime, we need to figure it out,” McLaughlin said. “We need to halt what’s going on. Everybody keeps what they currently have, and we study the problem, and we figure out what the solution would be. We don’t make the problem worse while continuing to study it.”

“These are people who live in South Carolina and vote in South Carolina who live on the island and vote on the island,” Flerlage said. “These are the people who are their direct constituents – the people who vote for the mayor and the town council. It’s more than 300 of those people who signed up, which is nearly as many as who voted for them in the last election on Nov. 2, and in our opinion, there has been no communication and we’ve been getting fairly short-tripped on the issue.”

Copyright 2021 WCSC. All rights reserved.

The 4 Most Snake-Infested Rivers in South Carolina

South Carolina is known for its barbecue, warm temperatures, and welcoming beaches. But did you know that it’s home to plenty of different species of snakes? The hot, humid climate, combined with the marshy, wet areas and grasslands that make up the Low Country, make an excellent home for serpents. The Piedmont, the hilly region at the edge of the Blue Ridge Mountains, also contains plenty of snakes. ...

South Carolina is known for its barbecue, warm temperatures, and welcoming beaches. But did you know that it’s home to plenty of different species of snakes? The hot, humid climate, combined with the marshy, wet areas and grasslands that make up the Low Country, make an excellent home for serpents. The Piedmont, the hilly region at the edge of the Blue Ridge Mountains, also contains plenty of snakes. South Carolina has 38 different species of snakes, and they’re all native to the state! Let’s take a look at which rivers are home to the most snakes.

1. The Savannah River

The Savannah River is home to plenty of different species of snake. One dangerous serpent you might find here is the Copperhead. This species is the most venomous snake in the state. You can tell the Copperhead apart from others by its brown hourglass crossbands and over a pinkish or tan-colored background. These snakes enjoy the mountains as well as coastal hardwood floors.

They tend to live in grasslands, rolling pine hills, sandy coasts, and longleaf pine flatwoods. This means you might come across one at any point. The Savannah River, which borders Georgia, is home to these snakes and rat snakes. The black rat snakes have a telltale hint of white along their scales and are found in the mountains and Piedmont regions of central Georgia and South Carolina. You can find yellow rat snakes along the coast, and gray rat snakes tend to live in the Savannah River in Southern South Carolina.

2. The Pee Dee Rivers

The Little Pee Dee and Great Pee Dee rivers are home to the brown watersnakes. They’re various shades of brown with dark brown square blotches and a lighter belly. Though they tend to roam the Pee Dee rivers, you could come across one of these anywhere in the state. They enjoy life in flowing water, so rivers are their favorite spots. They’re very common snakes and are fantastic swimmers! Their bites are known to be especially painful, though they aren’t venomous.

3. The Edisto River

Another harmless snake you might come across is the Garter snake. They’re well-adapted to living around people and can often be found in city parks, as well as suburban lawns and gardens. While it’s rare for them to bite, they will defecate and release a foul smell to defend themselves!

The Edisto River makes its way through a large part of the Lowcountry in South Carolina. Much of it is wet and marshy, making it a great home for serpents. Cottonmouths can also be found in palmetto thickets, pine forests, dune areas, and prairies, as well as slow-moving streams, swamps, marshes, ponds, and rivers. This snake is incredibly dangerous and venomous. They vibrate their tails and expose the white interior of their mouths when they hiss.

4. The Broad River

Besides brown watersnakes, you will likely come across banded and northern watersnakes in the Broad River. You might also see Queen snakes, commonly confused with watersnakes due to similar coloration. Unlike watersnakes, though, these won’t typically bite you! Though banded watersnakes aren’t venomous, they give off an awful stench when threatened. Northern watersnakes make up the majority of these species found here and are often confused with copperheads due to the dark brown or reddish bands and blotches on their backs.

The photo featured at the top of this post is © Michiel de Wit/Shutterstock.com

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I'm a 36-year-old mother of 2 and military wife. I have 2 dogs and a cat that I'm thoroughly obsessed with. When I'm not writing for work, I'm writing as a hobby. You can find me knee deep in a pile of books or way too invested in a video game.

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Video shows Milky Way, Perseid meteor shower over Seabrook Island

10 Scenic Beaches Near Charleston For A Sunny Escape

There are plenty of good reasons to make the trip to Charleston, South Carolina: Historic homes make for colorful photo ops, the restaurant scene is fresh and inventive, and locally owned stores and boutiques make for unparalleled shopping. Some of the Holy City's greatest assets, though, aren't actually within the city limits. Pack the sunscr...

There are plenty of good reasons to make the trip to Charleston, South Carolina: Historic homes make for colorful photo ops, the restaurant scene is fresh and inventive, and locally owned stores and boutiques make for unparalleled shopping. Some of the Holy City's greatest assets, though, aren't actually within the city limits. Pack the sunscreen and load the car because the scenic beaches near Charleston are a gem. You won't find ultra-crowded beaches, just a quiet spot to relax and soak up the sunshine. The smooth sand, cool water, and near-perfect weather will make you think you've found pure bliss. Here, find our guide to the sun-drenched beaches that are just a quick drive from the Charleston Peninsula. They're worth the detour.

1. Kiawah Island

While the 23-mile drive from the peninsula out to Kiawah Island takes about 40 minutes on a good day, the pristine stretch of sand at Kiawah's public Beachwalker Park is well worth it. It's quiet, especially for a public park, fronts the ocean, and also offers views of the Kiawah River. Beach chair and umbrella rentals are available seasonally, and dogs are welcome, as long as they're on a leash. Explore Kiawah Island's private beaches by renting a house or villa on the island or booking a stay at the Sanctuary, the island's luxurious oceanfront hotel.

2. Folly Beach

Just 12 miles from downtown, the "Edge of America" is the grooviest of Charleston's nearby beaches. It's a popular hangout for surfers, who frequent "The Washout," a stretch of coast known for having the area's best waves. Center Street, the bohemian beach town's colorful main thoroughfare, is lined with surf and souvenir shops and good eats, like Taco Boy and Rita's Seaside Grille, and is just steps away from Folly's 1,045-foot fishing pier.

3. Isle of Palms

The oceanfront county park on this barrier island has picnic tables, a sand volleyball court, and a playground for the littlest beach bums, making it a great place to take the whole family. Venture a little farther down the beach, beyond the park, to discover a number of fun beachfront bars and eateries, like family-friendly Coconut Joe's Beach Grill and The Windjammer, a classic dive bar and music venue that's as salty as they come. Paddle the intercoastal waterway from Isle of Palms where you may encounter dolphins and get up close to coves and marshes.

4. Seabrook Island

Though the island's nearly 4 miles of unspoiled beaches are private to residents and rental guests only (book your stay here), Seabrook is still worth a stop if you're already making the trip out to Kiawah's Beachwalker Park, which is just a few miles away. An Audubon International Cooperative Sanctuary, Seabrook is home to a variety of wildlife, including foxes, bobcats, deer, sea turtles, and bottlenose dolphins. Head to Bohicket Marina for a sunset stroll by the river, then plop down at an outdoor table at the Salty Dog Cafe for water views, East Coast peel-and-eat shrimp, and a cold beer or two.

5. Sullivan's Island

When it comes to old-school cottages, small town charm, and a spotless beach to boot, you won't find a dreamier destination than Sullivan's Island. While neighboring Isle of Palms has a lively resort feel, 3.3-square-mile Sullivan's tends to fly under the radar–and the locals like it that way. Be sure to stop by Poe's Tavern on Middle Street for a killer burger before you head back toward town. Flip-flops and salty hair are always welcome on the front porch.

6. Bulls Island

Accessible only by ferry, this barrier island is 45 minutes away from downtown Charleston and feels far away from the comforts of civilization. A good way to see the birds of this untouched island, and perhaps a playful dolphin if you're lucky, is on a guided paddling tour. Comb the beach for shells, walk Boneyard Beach where a forest is being recalled by the sea, or track foxes, bobcat, and deer.

7. Edisto Island

About 60 miles from Charleston, Edisto Beach's unspoiled coastline makes it worth the drive. Stay beachside for a dreamy vacation, or take a day trip from Charleston. One of four oceanfront state parks in South Carolina, palmetto-lined Edisto Beach State Park provides the picture-perfect backdrop for swimming, hunting for shells and sharks' teeth, fishing, or strolling. After a day on the island's trails, savor some seafood at the Waterfront Restaurant or the tacos at McConkey's Jungle Shack.

8. Morris Island

Hunt for shells and fossils near the candy cane–striped lighthouse on this uninhabited island just minutes from Charleston. Accessible only by boat, visitors can opt for several tour options, including riding out on a 55-foot power catamaran that's for the more adventurous traveler. For photography buffs, view the lighthouse from the shores of Folly Beach.

9. Pawleys Island

It takes a bit longer to reach from Charleston than some of the other beaches, but the slower pace on Pawleys Island is instantly soothing. This barrier island packs a lot into its four-mile stretch. Set off in a canoe or kayak to explore the salt marsh that separates this island from the mainland, or settle in for a day at the beach. There's shelling, fishing, and crabbing to be done. Sign up for surfing lessons—some of the best waves are near Pawleys Island Pier.

10. Capers Island

Similar to Bulls Island, Capers Island has its own forest of forgotten sea-bleached trees covering the shoreline. At low tide, you may see feeding dolphins and water birds like egrets and herons searching for a meal. Discover tide pools as you walk the beach, hike the island to see gators and deer in their natural habitat, or paddle along the shores and see jellyfish and crabs. Reach this undeveloped island by chartered boat, or take a kayak tour to learn about the area's ecosystem.

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