Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure
Whether you want to live along the coast, in Piedmont or by the Blue Ridge Mountains, you’re bound to get the lowest rate and most appealing terms with one of these South Carolina mortgage lenders.
We chose these mortgage lenders based on their rates, fees, requirements and website features. We also considered customer reviews from Zillow, Trustpilot and the Better Business Bureau (BBB), among other sites. Learn more about our rating methodology.
Better
| Minimum credit score | Conventional: 620 Refinance: 620 FHA, VA: 580 |
|---|
LendingTree
All of the other companies on this list are direct lenders, meaning they can provide your mortgage themselves. However, LendingTree is a mortgage marketplace that makes it easy for you to compare rates from numerous lenders throughout South Carolina.
Simply answer a few questions about the kind of loan you’re in the market for, and LendingTree shows you a list of lenders and their respective rates. LendingTree can save you a significant amount of time during your hunt for a mortgage, but the company also shares your contact details with third parties, which is a significant drawback for many of its customers.
| Minimum credit score | Conventional: 620 FHA: 500 VA: 620 USDA: 640 Jumbo: 800 |
|---|
Rocket Mortgage
While there are many well-liked mortgage lenders in South Carolina, Rocket Mortgage by Quicken Loans stands out as the most popular of them all. This lender has a massive presence in the state, in part because it makes the borrowing process quick and painless.
With Rocket Mortgage, you can qualify for a conditional prequalification in less than 10 minutes. This lender also offers more home loan programs than many of its competitors, and you can still get approved even if you have a low credit score.
| Minimum credit score | Conventional: 620 FHA: 580 VA: 620 Jumbo: 700 |
|---|
Veterans United
Getting a low mortgage rate is a priority for many aspiring homebuyers, but customer service can be equally important. And compared to other lenders in South Carolina, Veterans United has the best customer service.
As of December 2020, Veterans United has a near-perfect rating of 4.9 out of 5 based on more than 5,800 reviews on Trustpilot. And on Zillow, Veterans United has a score of 4.8 out of 5 after nearly 4,000 reviews. And while you don’t need to be a service member to get a mortgage with Veterans United, vets generally get better rates and terms than civilians.
| Minimum credit score | Conventional: 620 FHA: 620 VA: 620 |
|---|
PennyMac
| Minimum credit score | Conventional: 620 |
|---|
Academy Mortgage
| Minimum credit score | Conventional: 620 USDA: 620 FHA: 580 VA: 620 |
|---|
Ameris Bank
| Minimum credit score | Conventional:620 FHA: 580 |
|---|
South Carolina State Federal Credit Union (SCU)
| Minimum credit score | 620 |
|---|
South Carolina Federal Credit Union
| Minimum credit score | 620 |
|---|
Determining which North Carolina mortgage lender is best suited to meet your needs can take several hours — if not days or even weeks. But if you keep these pointers in mind, you’ll be more likely to get a great rate from a quality lender.
Compare top brands by home loan type, state availability and credit score. Select See rates to provide the lender with basic property and financial details for personalized rates.
As of December 10, 2020, the average 30-year fixed-mortgage rate in the US is 2.92%, but it’s currently slightly lower in Virginia. According to the Consumer Financial Protection Bureau (CFPB), the mortgage rate on 30-year fixed-rate mortgages in South Carolina averages 2.75%. And according to 2019 data from ClosingCorp, South Carolina closing costs averaged 1.45% of the sales price, which is much lower than 2% to 5% it costs in several other states.
Depending on how willing you are to find the best mortgage lender for you, getting a home loan can take a considerable amount of time. That’s why many South Carolinians choose to work with mortgage brokers. Brokers can save you a ton of time — and money — by choosing the best lender for your needs, but, unfortunately, not all brokers are trustworthy. If you’re thinking about working with a broker, be sure to read as many recent customer reviews as you can before you agree to do business with them.
The best mortgage lenders in South Carolina each have their own strengths and weaknesses, and no two companies are exactly alike. Spend some time comparing each of these lender’s strengths and weaknesses, then apply for a home loan with the provider best suited to your needs. Fill out an application now, or compare other leading mortgage lenders in South Carolina.
★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
We analyze top home loan providers and rate them one to five stars based on factors that are most important to you. These factors include: rates and fees, product selection and borrower experience.
Read the full methodology of how we rate home loan providers.
Learn about the security features of the COLDCARD Mk4 — a Bitcoin-only hardware wallet.
Gas prices are on the rise, which has the vast majority of Americans worried about what the future holds.
Your simple and straightforward guide to ETFs, how they work and the different types available.
Learn how you can use various short-selling strategies to further your Bitcoin profits.
Your place to check out the latest Finder Money Newsletter.
Discover more about the 31 assets in Coinbase Ventures Portfolio and its $484bn market cap.
Data on the personal saving rate in the US.
A breakdown of disposable income stats for the US including historical charts, averages and more.
The best trading apps come with low fees and are easy to use.
