> Fixed Rate Mortgages
Good choice if you prefer a fixed monthly payment, want to increase the loan amount you qualify for, or anticipate living in the home for 10 years or longer.
§ Convenient 40-year 30-year, 20-year, 15-year and 10-year loans available
§ Fixed rate and monthly payment for the life of the loan
>
Great product if you prefer to keep payments low the first few years, want to maximize your buying power, or if you plan to move within the next 10 years.
§ Flexible 10-year, 7-year, 5-year, 3-year, and 1-year ARMs available
§ Keeps payments low for the first few years
§ Interest rate can change at regular intervals based on loan terms
>Construction-to-Permanent Mortgages
Easy way to buy property and build your new home with one application, one loan and one closing.
§ Combines financing for the land purchase and new home construction into one loan
§ Pay only one set of closing costs
§ Available for primary home, second home or investor property
§ Interest rate locked-in before construction begins
>Interest-Only Mortgages
Good product if you want to maximize your buying power and keep payments low the first few years.
§ Pay only the interest, taxes and insurance each month for the first 15 or 20 years
§ Low monthly payment with the stability of a fixed rate mortgage
§ Immediately reduces future monthly payments when principal payments are made during the interest-only period
>Affordable Housing Programs
Ideal if you have limited funds for down payment and closing costs, or need extra flexibilities on credit or income sources.
§ Specially designed for low- to moderate-income borrowers
§ Includes programs for teachers, police officers, firefighters and healthcare workers
>Renovation Mortgages
Perfect if you are purchasing a home that needs improvements or a little TLC.
§ Combines home purchase or refinance with home improvement financing
§ Lower interest rates than standard renovation products
§ Allows repairs, soft costs, contingency and payment reserves to be financed
§ One loan and one closing
>Land Loans
If you’re purchasing land to build on in the future, a land loan is what you need.
§ Finance up to 75% of appraised value
§ Terms up to 12 years
§ Property must be located in South Carolina
>No Verification and Low-Documentation Mortgages
Ideal if you are self-employed or have difficult verifiable income.
§ No verification of income, assets or employment for qualified borrowers
§ A fixed rate conventional first mortgage loan designed for "A" credit borrowers
>Mobile Home Loans
Loans for the purchase of new and used mobile homes.
§ Finance up to 85% of purchase price on new and 80% on used mobile homes
§ Flexible terms up to 12 years
>Borrower Advantage
Finance 100% of the sales price and part of the closing costs, up to 103%.
§ Finance up 103%
§ Ideal for consumers with solid credit histories
>Flexible 100
Good program if you have minimal funds for down payment or closing costs.
§ No required down payment
§ More flexibility for sources of funds for down payment and closing costs
>Expanded Approval
Purchase the home you want, even if you have less-than-perfect credit.
§ Expands the range of loans eligible for approval to those with lower credit scores
>7 Year Balloon Mortgages
Good choice if you aren’t staying in the home more than seven years, are anticipating a windfall, or want considerably lower payments for the first seven years.
§ Fixed rate mortgage with considerably lower rate for the first 7 years
§ Payments amortized over 30 years
§ If you remain in the home longer than seven years, the refinance feature eases concern about the availability of financing at mortgage maturity
>Free Mortgage Pre-Qualification
§ House shop with confidence
§ Find out how much house you can afford
§ Call us at 864. 467. 4166
§ Visit any of our branch offices
§ Click here to pre-qualify yourself online
>Use Our Free Mortgage Calculators
Before you decide to purchase or refinance a home, make sure it's financially feasible. Our website contains a wide range of free calculators to help you determine some preliminary answers. Plug in your figures and see if it all adds up.
§ Should I rent or buy?
§ How much can I afford?
§ How much income do I need?
§ What is my monthly payment?
§ Should I refinance my current mortgage?
§ Can I pre-qualify myself online for free?
It's Easy to Apply
Take the first step right now!
§ Schedule your free Mortgage Consultation by calling 864.467.4166
