VA loans were established prior to the end of World War II and have since assisted numerous veterans, service members, and military families in fulfilling their dream of owning their a home. In recent times, the program has become increasingly significant, with VA loan volume skyrocketing and offering substantial financial advantages that enable countless veterans to purchase homes, thereby making homeownership a possibility for those who may not have qualified otherwise.
If you sacrificed comfort and security to help protect our great nation, Mission One Mortgage thanks you for your service. We believe that there's no greater honor than to serve those who have served our country. We're not afraid to go above and beyond for our veterans because that's exactly what they did for us.
A VA loan is a mortgage option that is backed by the government and available to Veterans, service members, and surviving spouses. It is offered by private lenders such as banks and mortgage companies and not directly by the Department of Veterans Affairs.
VA home loans come with competitive interest rates and terms and can be used to purchase a variety of properties, including:
One of the great benefits of VA loans is that eligible Veterans can buy a home with no down payment, no mortgage insurance, lenient credit requirements, and the lowest average fixed rates in the market.
At Mission One Mortgage, we work with many Veterans who know that VA loans exist but don't quite understand the full range of benefits they provide. If that sounds familiar, keep reading. This section was written especially for you.
01
One of the standout benefits of the VA Loan program is that qualified borrowers can purchase a home without having to make a down payment up to the conforming loan limit of their county. This is a significant advantage over conventional and FHA loans, which typically require minimum down payments of 5 percent and 3.5 percent, respectively.
For example, on a $400,000 mortgage, a conventional loan would require a $20,000 down payment, while an FHA loan would require $14,000. Saving up that kind of cash can take service members and veterans years, but with the VA Loan, they can pursue homeownership without having to scrape and stockpile for years on end.
03
It's important for military buyers to stay informed about credit score requirements when considering home financing options. Although credit score requirements have eased up a bit, it's still necessary to meet certain benchmarks set by conventional and FHA lenders. However, even meeting these benchmarks can be a challenge for many buyers.
Most VA lenders require a credit score of at least 620, which falls in FICO's "Fair" credit score range. Borrowers will typically need to meet a higher threshold for conventional mortgages, particularly if they want to secure a low-interest rate. It's worth checking out VA Loan rates to learn more about financing options.
Despite common misconceptions, military buyers don't need a perfect credit score to obtain financing. While a higher credit score can certainly help, it's important to remember that VA loans in Richland, SC are designed to help military members and veterans access affordable housing.
05
Closing costs are an inevitable part of the home-buying process, no matter what type of mortgage product you choose. However, if you're a veteran, you may be pleased to know that the VA places limits on the fees and costs you're required to pay at the time of closing. Additionally, homebuyers have the option to ask sellers to cover all loan-related closing costs, as well as up to 4 percent of the purchase price for other expenses like prepaid taxes, insurance, and collections.
02
Coming up with a down payment can be challenging for both conventional and FHA homebuyers. In addition, they are required to pay for mortgage insurance unless they can make a sizable down payment, usually 20% of the purchase price. For instance, on a $400,000 mortgage, this would be a staggering $80,000 in cash.
FHA loans carry an upfront mortgage insurance premium and annual mortgage insurance. The latter now lasts for the life of the loan. On the other hand, conventional homebuyers will pay this monthly cost until they have built up enough equity, which can take several years.
Fortunately, VA loans do not require any mortgage insurance. However, there is a mandatory funding fee that goes directly to the Department of Veterans Affairs. Borrowers with a service-connected disability are exempt from paying this fee, which helps keep the program going for future generations.
04
If you've experienced a financial setback such as a foreclosure, short sale, or bankruptcy, you may be worried about your chances of securing a VA home loan. However, don't lose hope just yet. With VA loans, it's still possible to be eligible for a home loan just two years after a foreclosure, short sale, or bankruptcy. In some cases, veterans who file for Chapter 13 bankruptcy protection can be eligible for a VA loan just a year after the filing date.
It's worth noting that the waiting periods for conventional or FHA financing can be significantly longer than those for VA loans. Additionally, even if you've lost a VA-backed mortgage to foreclosure, you may still be eligible for another VA loan.
So, if you're a veteran who's experienced a financial setback but still dreams of owning a home, don't give up hope. Explore your options and see if a VA loan with Mission One Mortgage could be the solution you need.
06
It's important to keep in mind that VA lenders typically prefer borrowers to spend no more than 41 percent of their gross monthly income on major debts, such as mortgage payments or student loans. However, it's possible to get a VA home loan even if you have a higher DTI ratio. Some lenders may offer up to 55 percent or more depending on your credit score and ability to meet additional income requirements. This can give homebuyers more flexibility and greater purchasing power when it comes to finding their dream home.
Remember - if you have any questions about the benefits you just read about - like what credit score Mission One Mortgage requires for a VA loan - contact our office today. It would be our pleasure to help you navigate the VA loan process, one step at a time.
One of the most common questions we get at Mission One Mortgage revolves around VA loan eligibility. Who is actually eligible for this type of loan? What are the requirements for getting a VA loan? If you meet the following requirements, chances are you'll be eligible for a VA loan.
Curious what the general steps are for purchasing a home with a VA loan? You're not alone. Keep reading to get a feel for what you have to do to enjoy the wonderful benefits of homeownership.
When applying for a VA home loan benefit, the Certificate of Eligibility (COE) is an important document that verifies your eligibility to your lender. If you have already used your VA loan benefit in the past, a current COE can help you determine how much remaining entitlement you have. Additionally, it can ensure that your entitlement has been restored for previous VA-backed loans that were paid in full.
After you've applied for your COE, it's a good idea to examine your finances. We're talking about items such as income, expenses, credit profile, and your monthly budget. That way, you know for sure that you're ready to purchase a home.
As a veteran, you have the choice of going through a bank, credit union, or a private VA mortgage company like Mission One Mortgage. Most lenders will have different loan interest rates and fees, so it's important to shop around. Remember - Mission One specializes in VA loans in Richland, SC. Other lenders, such as large corporations and banks, often can't match the expertise and attention to detail that Mission One provides to veterans.
During this phase, it's a good idea to meet with a range of real estate professionals. Try to choose an agent who has experience processing and overseeing VA loans. Once you select an agent, you can bring your lender's pre-approval letter to their office and begin shopping.
This is the best part of the VA loan process, other than getting the keys to your new home. When looking for a house, remember to look at homes within your price range and budget. Lean on your real estate agent, friends, and family for help in your search.
If you're thinking about buying a home, it's important to weigh the pros and cons of homeownership. While renting can provide flexibility and less responsibility for maintenance, it comes with the risk of rent increases, potential property sales, and uncertainty about security deposit refunds.
On the other hand, owning a home can offer relatively stable mortgage payments and an opportunity to build long-term wealth for you and your family. Before making a decision, it's crucial to determine your priorities, such as your monthly budget for mortgage payments and other expenses like transportation and childcare. Ultimately, only you can determine what's best for your housing and financial needs.
At Mission One Mortgage, we take immense pride in simplifying the mortgage process and ensuring that our clients experience minimal stress. We understand that navigating the world of mortgages can be daunting, which is why we are committed to making it as smooth as possible.
By choosing to work with us, you're not just getting a mortgage broker - you're selecting a partner who is devoted to your financial well-being and dedicated to helping you achieve your dream of homeownership. By working together, we can work through the VA loan process one step at a time.
That rings true for all of our clients, but especially the U.S. Veterans we serve. In fact, we specialize in VA mortgages and are proud to offer them to US Veterans, those on Active Duty, and their spouses. VA Loans are one of the best mortgages available, offering no down payment requirements, no PMI, and some of the most favorable rates and terms.
If you're ready to take the next big step in your life and provide stability for your family with a place to call home, contact our office today. You're closer to the dream of home ownership than you might think.
UPDATE: Montrell Bowers-Sanders has been located safely, the Richland County Sheriff’s Department said March 20. He was unharmed, according to the sheriff’s department, but information about where he was found was not available.Original StoryA search is underway for a missing South Carolina teenager with medical issues.Montrell Bowers-Sanders was publicly reported missing by the Richland County Sheriff’s Department Wedn...
UPDATE: Montrell Bowers-Sanders has been located safely, the Richland County Sheriff’s Department said March 20. He was unharmed, according to the sheriff’s department, but information about where he was found was not available.
Original Story
A search is underway for a missing South Carolina teenager with medical issues.
Montrell Bowers-Sanders was publicly reported missing by the Richland County Sheriff’s Department Wednesday. The 14-year-old has not been seen for three days, the sheriff’s department said in a news release.
Montrell was last seen March 17 while in the 7300 block of Parkview Drive in Columbia, according to the release. That’s near Exit 73 on Interstate 20, which is the junction with S.C. 277.
There was no word if Montrell was considered a runaway, or if he was alone when he was last seen. The sheriff’s department did not say if foul play was suspected in Montrell’s disappearance.
The teen has medical issues that require treatment, the sheriff’s department said. Further information on his condition was not available, but the sheriff’s department said Montrell is “believed to be in danger as he requires medical assistance.”
The sheriff’s department didn’t provide a description of Montrell, but said he was last seen wearing blue jeans, a multicolored shirt and a blue fleece.
Anyone who has seen Montrell, or has information about him, is asked to call the sheriff’s department at 803-576-3000, or CrimeStoppers at 888-CRIME-SC or submit an online tip.
This is a developing story, check back for updates.
This story was originally published March 20, 2025 at 10:04 AM.
I knew it was coming, but there’s no preparing for the feeling of a Belgian Malinois clamping its jaws down on your arm — and pulling.The Richland County Sheriff’s Department recently hosted a “media day” full of information and demonstrations showcasing the different units in the department. As the day wrapped up, it was time for the K-9 unit to shine.Though the itinerary clearly said “K-9 demonstration,” it failed to ...
I knew it was coming, but there’s no preparing for the feeling of a Belgian Malinois clamping its jaws down on your arm — and pulling.
The Richland County Sheriff’s Department recently hosted a “media day” full of information and demonstrations showcasing the different units in the department. As the day wrapped up, it was time for the K-9 unit to shine.
Though the itinerary clearly said “K-9 demonstration,” it failed to note that we would be the test dummies.
The deputies assured me I wouldn’t feel a thing under the thickly padded training suit. They said they’ve had middle schoolers lined up to get in the suit — surely I was brave enough to do it myself.
Sgt. Josh Newsom sweetened the deal, telling me he’d bring in his own dog, Bali, who is set to retire this year. Bali is a Belgian Malinois, which looks like a slightly smaller, leaner German Shepard.
I did the math in my head: padded suit, older dog trained by the unit’s leader himself … I’d probably be in good hands.
I questioned my judgment the second the door opened. Bali, an 11-year-old with a slightly greying coat, looked sweet enough. He was clearly excited, whimpering and pulling at his leash. It took me only a few seconds to realize he wasn’t excited to meet us — he was excited to attack.
After I signed a waiver, I jumped into the heavy suit, made of a dense fabric called Jute.
Stepping onto the mat with my hands clasped together, I turned away from Bali and waited.
With Bali panting behind me, Newsom decided this was the perfect time to talk about why K-9 units are important.
“We carry a bunch of lethal weapons on us and in our cars, but nothing that can’t be taken by force and used against us,” said Newsom, “except for (the dogs).”
The dogs are also unique in the sense that they can be sent out and recalled during a high-pressure encounter.
Last year was a tough year for the department — the unit lost three dogs. When they’re fully staffed, RCSD has 25 dogs.
Newsom said they’ve just purchased a new dog, and he’s testing more dogs tomorrow. They can range anywhere from $8,500 for a “green” dog with no training, to over $20,000 for specialized dogs, like those on the SWAT team.
Newsom does all the training for the dogs in-house. Handlers are each assigned one dog, and generally train eight hours a day for four months before they’re ready to join the unit. Even then, handlers are still required by law to train for 16 hours a month. But Newsom said he expects his deputies to keep training every free moment they have on shift.
“All of my handlers are expected to train when they first come on shift, and before they go home,” Newsom said, “If we’re not actively involved in something, we’re training.”
The department features bomb dogs, evidence-sniffing dogs, human remains detection dogs and even an “electronic storage device dog” that can sniff out any device that can store data, sometimes as small as a flash drive.
The majority of the dogs are “full service patrol” dogs, like Bali — meaning they’re used for protection, to apprehend suspects and to sniff out narcotics.
“You’re actually seeing one of our grumpiest, less likely to listen dogs right now,” Newsom said. “This is the worst behaved dog we have … But all of them are, obviously, a high enough tier to work here at Richland.”
Everyone chuckled. I gulped.
"You ready?" Newsom asked me.
I said yes. For what felt like an eternity, there was only the sound of Bali's heavy breathing behind me while he waited for his handler's command.
And then he was on me — 195 pounds of bite force sank into the pocket of the suit between my right shoulder and arm. His teeth found purchase on my elbow joint, and the deputies had to grab hold of me while Bali tried his best to bring me to the ground.
Though I added an extra padded sleeve under the suit, I certainly felt Bali’s wrath. I’ve heard the feeling described as a “big pinch.” I would say that’s accurate, if you’re being pinched by the Hulk, and he’s also shaking you around. I lasted about 10 seconds.
Newsom called Bali off, and told me to walk away. As I moved out of the range of Bali's jaws, he sprung one last time for me. I'll call that a love tap.
My arm hurt mildly for the rest of the day, as though I had hit my "funny bone" really hard. As I write this a few days later, a small bruise has blossomed on the inside of my elbow, directly on my joint. It doesn’t hurt unless I touch it, thankfully.
I can report I’ve lost no love for dogs — not even Bali. I hope he enjoys his retirement, he’s certainly earned it. But, for my own sake, I hope I never end up on that side of a Malinois’ jaws again.
Contact Chloe at cbarlow@postandcourier.com
SCDES said Richland County must pay $1 million of the fine over the next 11 months.Credit: WLTXBLYTHEWOOD, S.C. — State officials have fined Richland County $3 million over what inspectors said were violations found at the Scout Motors plant construction site near Blythewood.The South Carolina Department of Environmental Services (SCDES) executed a c...
SCDES said Richland County must pay $1 million of the fine over the next 11 months.
Credit: WLTX
BLYTHEWOOD, S.C. — State officials have fined Richland County $3 million over what inspectors said were violations found at the Scout Motors plant construction site near Blythewood.
The South Carolina Department of Environmental Services (SCDES) executed a consent order with Richland County and Scout on May 5 that lays out the fines and also what corrective actions must be taken. A consent order is a way of resolving a legal matter without a trial.
While the fine against Richland County is $3 million, roughly $2 million of that total is eligible to be suspended if the facility meets certain requirements by several spelled-out deadlines.
Richland County owns the land off Blythewood Road where Scout is building a massive facility set to open in 2027 that will make electric SUVs and trucks. The county is responsible for managing the land, including efforts to stop water running off the site and any contamination that might cause.
The order states that back in March of 2024, SCDES—then known as SCDHEC—did an inspection of the site and found what they called "deficiencies" related to water and silt drainage at the site. The consent order says those included not having an emergency spillway near a basin, in-stream check dams at the property line of nearby Beasley Creek were too small, and an observation that silt and sediment had built up below the property line—an indication sediment was actively leaving the site. SCDHEC issued a notice of deficiency and asked the owners to correct the problem.
Subsequent inspections in April, June, and July of 2024 also noted deficiencies with stormwater plans and best management plans to control runoff, leading to sediment to enter Beasley Creek, according to SCDES. While some corrections were made that summer, more problems were noticed, however, at another inspection in August.
The newly created SCDES then met with representatives for Scout and Richland County in August. Richland County told the agency it had a corrective action plan that included working on better erosion control, among other measures.
Ultimately, SCDES concluded Richland County violated several state codes and regulations. The consent order states that Richland County now has to submit documentation that they are making changes to address problems at the site that they've identified over the next 45 to 60 days.
SCDES said Richland County must pay $1 million of the fine over the next 11 months. The first payment—$85,000—had to be made this month, with each subsequent one due on the first of the month. The rest of the $3 million could be avoided if Richland County makes the necessary corrections.
News19 contacted Richland County officials for comment on the consent order, and got this response:
“Richland County remains committed to upholding the highest environmental standards at the Scout Motors site. The June 2024 report was promptly resolved, and a third-party engineering firm was engaged—alongside the state—to ensure full regulatory compliance. Richland County has worked collaboratively to set goals and correct any outstanding issues.
We’re proud to support Scout Motors, the largest economic development project in our history, with over $2 billion in investment and 4,000 new jobs. This project marks a major step forward in creating opportunity and long-term growth for our region.
Richland County and the State remain focused on ensuring the project's success and building a strong, sustainable future in partnership with Scout Motors.”
When contacted by News19, a Scout spokesperson said in part, "throughout this process, we have maintained open communication with County leadership and the South Carolina Department of Commerce, who we believe will ensure that the County and State's work on the production site will be in full compliance with environmental regulations.
"Scout Motors remains fully committed to the successful launch of our $2 billion Production Center in Blythewood, South Carolina. We are dedicated to working collaboratively with our partners to finalize site construction, prepare for production, and create 4,000 rewarding new jobs, which will provide lasting benefits to the Midlands community and beyond.”
RICHLAND COUNTY, SC, UNITED STATES, May 7, 2025 /EINPresswire.com/ -- After facing persistent challenges with ineffective vendor registration and limited contract management tools, Richland County, SC sought a modern solution to overhaul its procurement operations. The County selected OpenGov, the industry-leading provider of cloud software purpose-built for government, to meet its evolving needs.Located in the heart of South Carolina and home to more than 40...
RICHLAND COUNTY, SC, UNITED STATES, May 7, 2025 /EINPresswire.com/ -- After facing persistent challenges with ineffective vendor registration and limited contract management tools, Richland County, SC sought a modern solution to overhaul its procurement operations. The County selected OpenGov, the industry-leading provider of cloud software purpose-built for government, to meet its evolving needs.
Located in the heart of South Carolina and home to more than 400,000 residents, Richland County needed a procurement platform that could improve vendor compliance, reduce administrative overhead, and strengthen internal collaboration. The County was especially interested in better tools for tracking vendor performance and managing solicitations across departments. OpenGov Procurement & Contract Management stood out for its robust functionality, superior support, and flexibility to meet the County’s unique operational requirements.
With the implementation of OpenGov Procurement & Contract Management, Richland County expects to bring greater transparency, consistency, and control to the entire procurement lifecycle. The County will benefit from improved vendor verification processes and the ability to monitor compliance in real-time, giving staff more confidence in vendor relationships. Plus, customizable alerts and streamlined contract dashboards will help teams stay organized and responsive—ensuring no deadlines or obligations fall through the cracks.
OpenGov is the leader in AI-enabled software for cities, counties, state agencies, and special districts. With a mission to power more effective and accountable government, OpenGov serves more than 2,000 communities across the United States. OpenGov is built exclusively for the unique enterprise asset management, permitting and licensing, procurement & contract management, tax & revenue collection, budgeting and performance, and financial management needs of the public sector. The OpenGov platform empowers organizations to operate more efficiently, adapt to change, and strengthen trust in the communities they serve. Learn more or request a demo at opengov.com.
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