What you need to know when buying a house in South Carolina Potential homebuyers often face the same challenges when purchasing their first home, especially the hurdle of coming up with the down payment and other costs associated with closing a home loan. Even borrowers with good income, credit, and stable employment …
What you need to know about VA loans and the NAR settlement update
What the VA said about the NAR settlement The Department of Veterans Affairs announced it would temporarily lift its ban on homebuyers directly paying for realtor representation. It is expected that it will announce a formal policy update within the next several weeks. The VA’s home loan guaranty is the only loan …
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Getting the best mortgage rate
8 tips for getting the best interest rate on your mortgage When it comes to buying a home in South Carolina, securing the best mortgage rate can lead to substantial savings over the life of your loan. A mortgage is a legal agreement between a borrower and a lender that provides the borrower with the funds needed to …
MEP’s Advantage Down Payment Assistance Program
What is the benefit of down payment assistance? DPA is one of the best tools homeowners have in today's market to make homeownership more affordable for South Carolina residents. These programs provide a possible solution to help homebuyers who need financial support. With a shortage of affordable housing across the …
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8 important steps of the homebuying process
8 important steps of the homebuying process If you are one of many first-time homebuyers in South Carolina taking the leap this spring, you need to know the essentials before beginning the homebuying process. The homebuying process 1. Are you financially prepared to buy a home? The most important thing to know is …
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Top 6 reasons to consider a renovation home loan
What is a renovation home loan? If you can’t find the perfect South Carolina home, you can create it with a renovation home mortgage! With housing supply inventory at an all-time low and existing home prices rising, homeowners have been renovating like never before. A Fannie Mae HomeStyle Renovation mortgage can get …
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