5 Best Mortgage Lenders in South Carolina 2019

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If you’re a repeat or first time home buyer looking to purchase a home in South Carolina, there are some amazing mortgage solutions available to you. South Carolina is home to around 5 million people, and with today’s mortgage rates as low as they are, the housing market is ready for serious home buyers. Home values have increased by roughly 7.3 percent between December of 2017 through 2018 and are forecasted to rise another 4.6% through 2019.

The rising home values make it essential for home buyers on the market for a mortgage loan to do everything they can to keep their housing costs as low as possible. Getting a great mortgage would probably be the best place to start. And, whether you’re looking for fixed rate or adjustable rate mortgages, FHA, VA, or USDA home loan options that offer amazing benefits like low interest rates or flexible down payment requirements, loans to cover the purchase and repair of a home, or even a large enough jumbo loan to purchase your dream home outright, The first step is to find the right lender.

In this article, we’ll review the best mortgage lenders in the state of South Carolina, and how they can help you on your quest to home ownership.


#1 South Carolina Mortgage Lender: Guaranteed Rate

A Kingpin of the online mortgage trend that plays a large role in government-insured financing is Guaranteed Rate. Their participation in the digital mortgage wave leaves many other platforms lacking by comparison.

Guaranteed Rate is also extremely experienced with the origination of government-insured loan products such as FHA and VA loans. The ability to offer FHA and VA financing through one of the best digital mortgage platforms available makes them serious competition to other mortgage lenders, and highly favored among repeat and first time home buyers. FHA Mortgages are one of the highest selling loans through Guaranteed Rate.

The online platform makes securely uploading the important financial documentation requested for a loan approval fast and easy. Borrowers can even check their credit scores through the service, rather than go elsewhere. Guaranteed Rate is one of the rare few digital mortgage platforms where a mortgage loan can be closed without ever needing to speak with someone unless requested by the home buyer.

#2 South Carolina Mortgage Lender: Guild Mortgage Company

No matter the industry, 50 years of experience is quite impressive. For Guild Mortgage Company, 50 years of experience has shaped them into a formidable source for home financing, including the origination of Conventional, FHA, and VA home loans.

Guild Mortgage now has over 250 branch locations across the nation, and remain committed to their goal of providing affordable home financing and unparalleled service. They even take things a step further by partnering with such well-known charities like Blue Star Mothers, K.I.D.S. and Youth oasis, and even the San Diego Food Bank.

The home buying experience with Guild Mortgage Company is a seamless and stress-free process, orchestrated by some of the most experienced and knowledgeable loan officers in the industry.

#3 South Carolina Mortgage Lender: New American Funding

The good folks over at New American Funding know how to give people a great mortgage experience. For first time home buyers, their commitment to providing affordable home financing is nearly unrivaled.

The proof is in the reviews from past clients who consistently comment on the extraordinary diligence and overall sincerity of the New American Funding team. Home buyers who choose to finance their home purchase with NAF are in the hands of a knowledgeable and hard-working group.

The New American Funding team leaves no questions unanswered and is almost never out of reach. They are also quite adept at reducing the closing costs of mortgages down to the bare minimum, in an effort to provide home loans of the highest up-front affordability.

#4 South Carolina Mortgage Lender: Gateway Mortgage Group

Gateway Mortgage Group may have only been around since the year 2000, but in that short space of under 2 decades, they have grown into one of the largest privately held mortgage companies in the country. According to them, their success comes as a direct result of their dedication to originate home loans combined with their passion for strengthening families.

The Gateway Mortgage Group team takes special care to put down roots in whatever communities where they have branches. This “localization” helps them to better do their jobs by providing a deeper understanding of the communities they are a part of, and the families that reside within them. In turn, they are able to tailor unique, personalized home loans for their clients.

Gateway Loan Officers are experts at loan origination, and know just how to cut all of the tension and stress associated with a mortgage transaction out of the picture completely.

#5 South Carolina Mortgage Lender: Fairway Independent Mortgage Corporation

A rapidly growing name in the national home finance industry, Fairway Independent Mortgage Corporation is one of the best options for conventional, FHA, and VA financing across the country. Home buyers will agree that it’s actually pretty easy to find a Fairway location when it's time to get a home loan. Beyond that, their customer service is well known to be top notch.

Fairway Independent Mortgage Corporation has stunning reviews from its client base over the years. One thing they seem to excel in is cutting down the closing costs that borrowers are expected to pay at the end of a mortgage transaction, as well as facilitation a faster closing.

Fairway may very well be the best option for first time home buyers on this list. Their attention to detail and completely transparent methodology is perfect for obtaining a mortgage loan at a great rate in a stress-free environment.

Best South Carolina Mortgage Lender Picks 2019:

  • Best for First Time Home Buyers: Gateway Mortgage Group

  • Best Online Experience: Guaranteed Rate

  • Best Local Lender: Guild Mortgage Company

  • Best Face-to-Face Experience: New American Funding

  • Best Overall Performance: Fairway Independent Mortgage Corporation


Shop Around Before You Get a South Carolina Home Loan

Our picks for the best mortgage lenders in South Carolina may not necessarily represent the best lender for your financial situation, goals, and desires. Everyone’s story is unique, and sometimes the best mortgage terms can be found in the most obscure places. Regardless of experience or lack thereof, the best plan of action is to shop around with multiple lenders to find out which one can provide the ideal mortgage solution that comes with the terms and affordability that best suits any particular financial situation.

While looking at reviews can be a huge help, getting a one on one consultation could mean saving thousands. If you’d like some help in locating the best mortgage lender in your area, don't hesitate to contact a home.loans mortgage expert!