Best South Carolina Mortgage Lenders September 2023
Are you planning of acquiring a house in South Carolina? It is important to go through reviews of the best South Carolina mortgage lenders. South Carolina is one of the states that is rising at a high rate. According to the U.S. Census Bureau Survey, South North Carolina has more than 2.3 million housing units and a homeownership rate of 70.1%. The median housing value in South Carolina is about $268,500 which falls below the national median housing value of $350,300. Some locations in South Carolina have higher costs of houses while other locations have lower costs of houses.
In this article, we will be helping you on selecting the best South Carolina mortgage lenders which you can compare from. As a mortgage borrower, you need to observe the following;
- Check your finances
- Determine your budget
- Know your mortgage options
- Compare rates and terms from many lenders
- Have approval for the mortgage
- Read the print well
Here is the listing of the best South Carolina mortgage lenders;
Best South Carolina Mortgage Lenders September 2023
1.Homefinity;- Homefinity has a minimum down payment of 3% and a minimum credit score which is not disclosed to the public.
2.Caliber Home Loans;- Caliber home loans have a minimum down payment of 3% and a minimum credit score of 620.
3.Carrington Mortgage;– Carrington Mortgage has a minimum down payment of 3% and a minimum credit score of 620.
4.PenFed Credit Union;– PenFed Credit Union has a minimum down payment of 0% for Veterans Affairs loan and a minimum credit score of 620.
5.Truist Bank;– Truist Bank has a minimum down payment of 3% and minimum credit score which is not disclosed to the public.
6.Chase;– Chase has a minimum down payment of 3% and minimum credit score which is not disclosed to the public.
7.Lower.com ;- Lower.com has a minimum down payment of 3% and a minimum credit score of 620.
8.AmeriSave;- AmeriSave has a minimum down payment of 3% and a minimum credit score of 620.
9.Veterans United Home Loan;– Veterans United Home Loan has a minimum down payment of 3% and a minimum credit score of 620.
10.PNC;– PNC has a minimum down payment of 3% and a minimum credit score of 620.
Review of the best mortgage lenders in South Carolina September 2023
1.Homefinity – Best for online application and Approval
2.Caliber Home Loans – Best for online service
3.Carrington Mortgage – Best for borrowers with bad credit
4.PenFe d Credit Union – Best for lender credit and no lender fee
5.Truist Bank – Best for client relations
6.Chase – Best for low costs
7.Lower.com – Best for borrowers who prefer digital home lending
8.AmeriSave – Best for mortgage variety
9.Veterans United Home Loan – Best for Veterans Affairs loans
10.PNC – Best for low down-payment
- The mortgage rate in South Carolina is 2.9% on average for a 30-year fixed rate. Home interest rates range from 2.5% to 4% in South Carolina.
Other Best South Carolina Mortgage Lenders September 2023
- PrimeLending – best for digital customer care
- Real Genius – best for online application
- New American Funding – best for low APR
- Guild Mortgage – best for product selection
- Sofi – best for online service
- CMG Financial – best for first-time borrowers who want to crowd-fund their down payment.
- Freedom Mortgage – best for product availability
- LoanDepot – best for a digital-first mortgage
- Alliant Credit Union – best for no down payment
- Rocket Mortgage – best for customer service
You Can Also Read;https://pradohub.com/best-rhode-island-mortgage-lenders/
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