Few purchases give you a sense of pride and accomplishment like buying a new home. From white picket fences and lush green grass to cookouts with neighbors and holidays with the family, owning a home is magical. Like most great things, though, enduring the home-buying process takes a lot of work. There are many steps to take and difficult decisions to make along the way. One of the most crucial decisions is what type of home loan and mortgage broker to choose. Whether it's your first time buying a home or you're a seasoned owner with multiple properties, you will need a trusted mortgage broker in Daniel Island, SC, with your best interests at heart.
If you're like most people, you need a mortgage professional whose top priority is their customers - an expert who can provide accurate advice and guidance so you can make educated decisions. That's where Mija Mortgage comes into the picture.
Whether you want the best interest rates or don't know where to start in the home-buying process, Mija Mortgage can set you up in the right direction. From getting you pre-qualified to buy a home to securing a veteran's loan, Mija Mortgage is the trusted solution you need. As Daniel Island natives, we're proud to serve the Lowcountry and all of South Carolina with trusted mortgage brokerage services.
Unlike some mortgage companies in Daniel Island, SC, we bring years of high-level experience and insight to the table. Having worked with hundreds of clients during our time in business, we know you're probably going through a range of emotions right now. Buying a new home can be a scary process, especially for first-time buyers. That's why we make every effort to make ourselves accessible and available for clients. Our primary goal is to help you make the right mortgage for your family and your budget.
We know that many home loan officers have horrible reputations. Some brokers only see their clients as transactions, and a means to make quick money. They come off as impatient and pushy, failing to understand that this is a very big decision for you. At Mija Mortgage, we take the opposite approach. We encourage our clients to take as much time as needed to ask us questions and review mortgage documents. We could say that our mission is to exceed your expectations, but we'd rather just show you. From assistance finding FHA, VA, or other loans to refinancing your current mortgage, Mija is the team you can trust.
Here are just a few reasons why home buyers choose Mija Mortgage:
Most people simply don't have access to the hundreds of thousands of dollars needed to purchase a home with cash. Instead, they take out a mortgage loan to buy a home. Unfortunately, many homebuyers are anxious to get the ball rolling and, due to their excitement, fail to shop around for the best mortgage rates. To some degree, avoiding this step makes sense, as it requires a lot of legwork and research to get the job done. For those not wanting to spend hours researching a reasonable mortgage, there's an alternative to consider - working with a mortgage broker.
To understand the benefits of working with a mortgage broker, you must first understand their role in the home-buying process.
Your mortgage broker is a third party that works to connect you with mortgage lenders. Essentially, a mortgage broker works as an intermediary between a person who wants to buy a home and the entities offering loans to buy a home. The mortgage broker works with both the borrower and lender to get the borrower approved. They also verify and collect paperwork from the borrower that the lender needs to finish a home purchase. Typically, mortgage brokers have relationships with several home loan lenders. Mija Mortgage, for example, has access to 50 different lenders, which gives us a wide range of home loans in Daniel Island, SC, from which to choose.
In addition to finding a home loan lender, your mortgage broker will help you settle on the best loan options and interest rates for your budget. Ideally, your mortgage broker will take a great deal of stress and legwork off your plate while also potentially saving you money.
If you're ready to buy a home, getting pre-qualified is a great choice that will streamline the entire process. Your mortgage broker makes getting pre-approved easy by obtaining all the documents needed to get you pre-qualified. In taking a look at your application, they will determine if you're ready for the pre-approval process. If your application needs additional items, the mortgage company will help point you in the right direction to ensure your application is as strong as it can be. Your mortgage broker will also walk you through the different types of loans, from Conventional and FHA to VA and USDA.
In order to be pre-approved for a home in South Carolina, you must have the following:
Most people choose to use a mortgage broker because they have access to different lenders and interest rates. But a great mortgage broker brings more to the table than a choice of lenders.
Save You from Unneeded Stress:One of the biggest advantages of hiring a mortgage broker is that they can find and vet loans while managing the mortgage process on your behalf. The best mortgage companies, like Mija Mortgage, hire brokers who are experts at keeping underwriting on track, coordinating with relevant parties, and handling all paperwork involved. At the end of the day, mortgage brokers save you stress and time and often expedite the closing process.
More Access: We touched on this earlier, but it bears repeating: A mortgage broker provides access to a range of loans, rates, and lenders. In fact, many mortgage brokers can get rates lower than what the average person could get from a lender.
Save You Money: There's a chance that your mortgage broker can get your mortgage fees reduced or waived by the lender, which could save you a good deal of money.
Help with Unfavorable Financial Situations: Expert mortgage brokers can often assist in challenging financial situations, like when a buyer has inconsistent income or less-than-perfect credit. Experienced brokers, like those at Mija Mortgage, are often aware of lenders willing to will work with nontraditional borrowers.
Provide Key Insights: Mortgage brokers share important insights, such as your chances for a home loan approval and exactly how much house you can afford. They can also save you from making costly mistakes based on their years of expertise in the mortgage industry.
While settling on the best type of home loan isn't as exciting as searching for the home of your dreams, it's equally important. Yes, your Mija Mortgage loan officer in Daniel Island, SC, will be happy to help explain the differences between home loans. But understanding the basics ahead of time will save you stress and time in the long run.
Conventional loans can be used to purchase a new home or refinance your current one. Conventional loans include fixed-rate mortgages and adjustable-rate mortgages. Generally, borrowers must put down a 3% down payment for owner-occupants, 10% for a vacation property, and 20% for an investment home. If you are able to pay 20% of the total cost of the home, you can avoid private mortgage insurance, which is otherwise required. Conventional mortgages are often preferred by buyers with good credit or people needing a non-owner-occupied mortgage.
FHA mortgages are issued by the U.S. government and backed by the Department of Housing & Urban Development (HUD). This loan is often preferred by first-time homebuyers because it only requires a 3.5% down payment and offers more flexibility with credit requirements and underwriting standards. FHA loans have several requirements you must meet to qualify. Contact Mija Mortgage today to learn more about FHA loans and whether or not they're best for your financial situation.
Also backed by the government, these loans are insured by the U.S. Department of Agriculture and don't require money down. These loans have lower insurance requirements when compared to FHA loans, offer 100% financing if you qualify, and allow for closing costs to be covered by the seller. In order to qualify for a USDA loan, you must live in a rural area, and your household income must meet certain standards. These loans are often preferred by low-income citizens who live in rural parts of South Carolina.
Also known as VA or Veteran's Affairs loans, these mortgages are reserved for the brave men and women who served in the military. VA loans help provide our military members, veterans, and their families with favorable loan terms and an easy home ownership experience. Often, those who qualify are not required to make a down payment on their home. Additionally, these loans often include less expensive closing costs.
If you are a veteran or the family member of a veteran, contact Mija Mortgage today to speak with our Vetted VA Professional, Debbie Haberny. Debbie helps our military members, veterans, and their family members obtain home loans utilizing veteran benefits and would be happy to help as you search for a home.
Do you have questions about the complexities of mortgages and home loans? As your advocate, Mija Mortgage is here to answer any questions you have about mortgages and the home-buying process. We encourage you to call our office to speak directly with one of our mortgage experts or continue reading below for answers to some frequently asked questions.
Q. I was talking to my spouse about mortgage brokers, and they mentioned the phrase home loan originator. What's the difference between a broker and a loan originator?
A. The mortgage industry is full of confusing jobs and titles, making it easy to confuse roles and responsibilities. Such is the case with mortgage brokers and home loan originators. Though their roles share similarities, a home loan originator in Daniel Island, SC, works for a bank or credit union, while a mortgage broker works for a brokerage company. Home loan originators and mortgage brokers are both licensed by the Nationwide Multistate Licensing System (NMLS).
Q. I've heard from everyone that you must have mortgage insurance to buy a home. What is mortgage insurance?
A. Essentially, mortgage insurance helps protect lenders if a borrower forecloses on the home they bought. One advantage of mortgage insurance is that when borrowers pay it, lenders can often grant loans to buyers when they might not have otherwise. Though not always required to buy a home, mortgage insurance is often needed for down payments of less than 20%.
Q. I have just been pre-approved to buy a beautiful home in South Carolina. Is there anything I shouldn't do now that I'm pre-qualified?
A. Mortgage companies like Mija Mortgage, make getting pre-qualified for a home easy. However, as your loan process continues, your lender is required to run a new credit report before closing on a home. For that reason, it's to avoid any activity that might affect your credit score, such as:
Q. My brother-in-law recently refinanced his home in South Carolina. What is refinancing, and should I consider refinancing my home too?
A. Refinancing your home basically means you're swapping your current mortgage for a new one, most often with a lower interest rate. If you would like to reduce the term of your loan, lower your monthly mortgage payments, or consolidate debt, refinancing may be a smart option. Many homeowners also choose to refinance if they want to switch from adjustable-rate mortgages to fixed-rate mortgages or to get cash back for home renovations. To learn whether refinancing is a viable option for your situation, contact Mija Mortgage ASAP, as loan rates change frequently.
Here at Mija Mortgage, we believe that the best communities begin with the dream of home ownership. Our mission is to make those dreams come true, with personalized service, expert guidance, and good old-fashioned hard work. As one of the most trusted mortgage companies in Daniel Island, SC, we have years of experience working with a diverse range of clients, from first-time buyers and investors to self-employed borrowers and non-native English speakers.
Though every mortgage situation is different, one thing never changes: our commitment to clients. Contact our office today to get started on an exceptional home-buying experience.
CHARLESTON, S.C. (WCIV) — Here on News 4, we're taking you Behind the Badge introducing you to men and women of the Lowcountry who keep us safe.Today, you'll meet a school resource officer who wears multiple hats. From protector to teacher, he says every job he takes on at school helps him connect with hundreds, if not thousands, of students.Officer Al Cammarata starts some of his days at the Daniel Island School teaching Spanish. His most recent lesson: how to prepare guacamole, and learning the vocabulary that comes wit...
CHARLESTON, S.C. (WCIV) — Here on News 4, we're taking you Behind the Badge introducing you to men and women of the Lowcountry who keep us safe.
Today, you'll meet a school resource officer who wears multiple hats. From protector to teacher, he says every job he takes on at school helps him connect with hundreds, if not thousands, of students.
Officer Al Cammarata starts some of his days at the Daniel Island School teaching Spanish. His most recent lesson: how to prepare guacamole, and learning the vocabulary that comes with it.
It's not what Officer Cammarata thought he’d be doing when he got into policing 30 years ago. When he made the switch from patrol to being an SRO, his job responsibilities changed.
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“I’ve taught classes in the past from culinary arts to driver’s ed, freshman focus, bike safety,” he says. “Just wherever we can, dimension, groups, we do all kinds of things.”
He has a bachelor’s degree in Spanish, and put his degree to work in his travels to Central America.
“I took anywhere between 14 or 16 or 18 classes over three years, including the summer. But going and studying and living in the culture is the only way to learn the language,” Cammarata says. “I got a good grammar base as a non-native speaker, and that was definitely the way to improve your skills.”
When a Spanish teacher at Daniel Island School left midway through the school year, Officer Cammarata stepped in.
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“The teacher that filled in was a retired teacher who was a full-time sub. She didn’t have any Spanish-speaking experience, so we just kind of teamed up,” says Cammarata. “She did the lesson plans and the videos, and I would come in and do basic grammar. I would come in maybe 20 or 30 minutes each day and help out with the lesson.”
It’s a routine that’s stuck. He helps out with some of the fifth and sixth grade Spanish classes in between his primary job of keeping everyone safe.
“You’re there every day, this is your responsibility, so you have to know the building, the community, the people, everything that’s going on,” he explains. “I’ve been here seven years. I have kids that are now in 7th grade that were in kindergarten when I started here.”
Cammarata says he also helps show students that officers are just like them.
“They just get to see you day after day, and know that you’re a regular person, and you’re just part of their regular day like a teacher. To me it's very rewarding. It's really the ultimate form of community policing. You’re dealing with the same kids, parents the same community year after year,” he says. “For me its really where I’m supposed to be.”
DANIEL ISLAND, S.C. (WCIV) — If you've been following the Credit One Charleston Open, you probably know all about the players on the court. But what about the people behind the scenes?Volunteer Coordinator Joe Cooper said they have nearly 450 volunteers for the week-long tournament.Read More: ...
DANIEL ISLAND, S.C. (WCIV) — If you've been following the Credit One Charleston Open, you probably know all about the players on the court. But what about the people behind the scenes?
Volunteer Coordinator Joe Cooper said they have nearly 450 volunteers for the week-long tournament.
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On average, they get between 435 and 450 applications a year - some even take off work in order to help.
“It's a week I look forward to all year long," Cooper said.
The Credit One Charleston Open volunteers say helping has never been so much fun.
From ushering to ziptie-ing a broken sandal: Charleston Open volunteers love what they do. (WCIV)
“I still love the game and am still very involved in the game, so being out here is just an opportunity you can't pass up," volunteer Laney Lane said.
Day to day tasks vary as volunteers are placed in one of many groups
“The ushers have a really good time watching tennis and helping the patrons with anything they might need. Our court maintenance department really enjoys running the lines and getting the courts ready. We have people in the media center helping with media. We have player services- they escort the players to and from the courts," Cooper said.
And every once in awhile they take on a task they didn’t necessarily train for.
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“We had a patron in box 109 and her sandal broke so we zip-tied her sandal back together and got her back up and running," Cooper said.
She said all volunteers must work together in order for things to run smoothly.
“We have department chairs and they run the entire department. So we have radios we communicate with each other. And everyone is just so friendly and so happy and so glad to be here. We just work together really well," Cooper said.
But at the end of the day, she hopes everyone leaves wanting to come back.
Read More: Credit One Charleston Open Coverage
“I hope everyone has a great time. Comes back next year to volunteer but even more importantly, I'd like them to tell their friends so their friends want to volunteer," she said.
“This is my seventh year doing this and I look forward to 17 more." Lane said.
If you get the chance to make it to this year’s Charleston Open, you can easily spot all of the volunteers in their yellow shirts.
To find out more about volunteering, visit the tournaments website.
DANIEL ISLAND, S.C. (WCBD) – The largest women’s-only tennis tournament in North America, Credit One Charleston Open, will return to Daniel Island over nine days this spring.This year’s tournament features several off-court experiences for spectators including new dining and drinking options when it returns to Credit One Stadium from April 1 through 9.Attendees will have myria...
DANIEL ISLAND, S.C. (WCBD) – The largest women’s-only tennis tournament in North America, Credit One Charleston Open, will return to Daniel Island over nine days this spring.
This year’s tournament features several off-court experiences for spectators including new dining and drinking options when it returns to Credit One Stadium from April 1 through 9.
Attendees will have myriad options to “savor the flavor of the south” with on-site food and beverage options like local barbecue, oysters, burgers, and farm-fresh cheese to build your perfect charcuterie.
“The tournament has curated a culinary experience that features a mix of seasonal dishes, local favorites, international flavors, and stadium classics,” organizers said.
Open daily, this area will serve up top-shelf bloody marys, mimosas, La Colombe coffee and fresh biscuits from Farmhouse Biscuits.
“The tournament’s signature cocktail, The First Serve is back again in 2023. Sip on a refreshing mix of butterfly pea flower-infused vodka, Lowcountry lemonade, and club soda, all garnished with a fresh lemon wheel,” organizers said.
This full-service cocktail lounge under the oaks, open daily, is curated by The Charleston Place. You can enjoy a frozen drink or cocktail and build your own charcuterie board featuring Forx Farms Cheese.
Forx Farm is located in Anderson County, South Carolina.
A popular Charleston barbecue restaurant, Swig & Swine BBQ, will offer up delicious food throughout the tournament. You’ll also find a full-service bar with local craft beer, spirits, and Kim Crawford wines.
“Enjoy a Clay Court Cooler while listening to live music and catching up with past champions,” said event organizers. “Be sure to stop by for happy hour from 4pm-6pm for $2 off select beverages.”
Here, attendees will find Verde’s fresh salads, Lowcountry oysters, Orlando’s Brick Oven Pizza, and Beech acai, poke bowls, and smoothies.
Who doesn’t love a food truck? Local favorites parked during the tournament include Motley Chew Burgers, Mr. Poppers, Bangin’ Vegan Eats, Ben & Jerry’s, Life Raft Treats & Lowcountry Lemonade.
Find plenty of cool spots to enjoy a drink during the tennis tournament. in addition to the previously listed food and dining options, New Real Bar will feature craft draft seasonal beer and local Daniel Island favorites, or venture over to the Michelob Ultra Club before, between and after matches.
Swig & Swine BBQ will have its own concession stand offering classic barbecue sandwiches and other menu favorites.
Find homemade pimento mac and cheese and freshly baked jumbo pretzels, plus frozen treats from King of Pops and Ben & Jerry’s. Or munch on some delicious kettle corn from Mr. Popper’s with flavors ranging from caramel, cheddar cheese, and birthday gourmet.
The Credit One Charleston Open showcases a singles draw of 56 players, a qualifying draw of 32 players and a doubles draw of 16 players. The event traditionally hosts more than 90,000 attendees on Daniel Island.
If you haven’t purchased tickets for the nine-day tournament, organizers say single-session tickets are still available.
Photos in this story courtesy Credit One Charleston Open
DANIEL ISLAND, S.C. (WCBD) – Lace up your skates! Credit One Stadium is bringing an outdoor ice-skating rink to Daniel Island for the holiday season.“Skate the Stadium” will bring a new custom-built ice-skating rink to the entertainment venue featuring cozy fire pits, seasonal concessions, and special holiday events like holiday carolers, visits with Santa, and a Christmas tree lighting.“Our goal is to create thoughtful, unique experiences that bring joy to the communities we serve. By building an outdoo...
DANIEL ISLAND, S.C. (WCBD) – Lace up your skates! Credit One Stadium is bringing an outdoor ice-skating rink to Daniel Island for the holiday season.
“Skate the Stadium” will bring a new custom-built ice-skating rink to the entertainment venue featuring cozy fire pits, seasonal concessions, and special holiday events like holiday carolers, visits with Santa, and a Christmas tree lighting.
“Our goal is to create thoughtful, unique experiences that bring joy to the communities we serve. By building an outdoor skating rink for the holidays we hope to create another way for people to engage in a new holiday tradition that encourages movement and social connection,” said Bob Moran, President of Charleston Tennis.
Tickets will cost $10 per person including the skate rental and a one-hour skating session. Organizers say non-skaters may enter for free. Special assistive devices will be available for those who need them.
Those tickets can be purchased at creditonestadium.com/skate-the-stadium
“Children 13 and under must be accompanied by an adult. Credit One Stadium is a drop-off site for the Marine Toys for Tots Foundation,” said organizers. “Bring a toy, get $2 off a skating session.”
Guests can enjoy cookie samplers, smores kits, cinnamon sugar pretzels and other classic concessions will be available for purchase. Hot chocolate, cider, and a full bar with seasonal beer and cocktails will also be on hand.
‘Skate the Stadium’ will open Friday, December 2nd. Dates to skate include:
Thursdays and Fridays from 5-10 p.m.
Saturdays, 10 a.m. to 9:30 p.m. & Sundays 12 – 5 p.m.
The rink will be closed on Friday, Dec. 30 and Christmas Day.
Daniel Island Tree Lighting Ceremony | Friday, December 2, Festivities begin at 5 p.m. with the tree lighting at 6 p.m.
Enjoy musical performances from Charleston Concert Band, carolers singing and activities for the children then watch the holiday magic of a 22-foot tree lighting.
Holiday Carolers Thursdays | December 8, 25 & 22, 5:30-6 p.m.
Catch the holiday spirit with vocal performances from local High School choral groups.
Ladies Night/Bubbles on Ice | Thursday, December 8, 7-10 p.m.
Nibble on hors d’oeuvres and sip on bubbles from Moet. Browse some curated holiday selection from local vendors. This is a ticketed event, $35 per person and includes food plus cash bar.
90’s Glow Night | Saturday, December 10, 7-10 p.m.
Skate to your favorite songs of the 90’s and sport your best glow gear.
Jazz Night & Bourbon Tasting | Thursday, December 15, 7-10 p.m.
Sample all-you-can-eat oysters on the half shell and a bourbon tasting with entertainment by Grammy Award winning Charlton Singleton & The Contemporary Flow Band.
Visit with Santa | Sunday, December 18, 9 a.m. – 2 p.m.
Stop by for a visit with Santa the last weekend before Christmas.
A $20-million-plus lodging with a restaurant, event space and guest cottages is being proposed for Daniel Island.The city of Charleston’s Design Review Board recently signed off on plans for a 38-unit hotel at 1995 Daniel Island Drive near the planned 320-unit Nowell Creek Village Apartments.The site is across from the former Blackbaud headquarters building, which is now a multitenant office structure called Marshside. The board suggested a few aesthetic ...
A $20-million-plus lodging with a restaurant, event space and guest cottages is being proposed for Daniel Island.
The city of Charleston’s Design Review Board recently signed off on plans for a 38-unit hotel at 1995 Daniel Island Drive near the planned 320-unit Nowell Creek Village Apartments.
The site is across from the former Blackbaud headquarters building, which is now a multitenant office structure called Marshside. The board suggested a few aesthetic revisions, but otherwise unanimously voted for the hotel project.
A small office structure currently occupies the site and can be moved to make way for the new project once it clears other approvals from the city.
JT Industries LLC, an affiliate of developer King and Society Real Estate of Charleston, bought the 1.5-acre parcel near Beresford Creek in 2019 for $1.25 million, according to Berkeley County land records.
“We have a unique and interesting waterfront property on Daniel Island and have been working to find the best use and need for this location,” said King and Society founder and CEO Troy Barber.
He estimated construction will take about 14 months after permits and other approvals are received and hopes the project will be completed in 2024.
Barber said a firm price had not been set on the hotel, but he believes the project will be more than $20 million.
The main 11,200-square-foot building will house guest rooms, restaurant and event space in three floors over parking. The proposal includes four guest houses of 8,500 square feet each, two 866-square-foot cottages, two 592-square-foot cabanas and 50 parking spaces.
The site plan shows the venue as a likely wedding venue, with separate suites for the bride and groom, a ballroom and an outdoor ceremony site overlooking Beresford Creek. Barber said it could also be used for corporate functions.
King and Society will be the developer and handle construction as well, Barber said.
At the mid-year point, South Carolina is home to three of the top-selling 50 master-planned communities in the U.S., even as sales slow from last year.
RCLCO Real Estate Consulting ranked Cane Bay Plantation in Berkeley County at No. 5 with 525 sales during the first six months of 2022. That’s down 9 percent from last year’s midpoint.
Nexton, also in Berkeley, came in at No. 22 with 308 sales, down 5 percent from the first six months of last year.
Latitude Margaritaville in Hardeeville near Hilton Head Island ranked No. 39 with 234 sales, down 29 percent from last year from January through June.
The top-selling, master-planned community continues to be The Villages, between Ocala and Orlando, Fla. It had about 1,500 sales, down 25 percent from last year at the midpoint.
Almost all of the top 50 are in the southern tier of states. Texas posted the most with 20, Florida landed 15, Nevada had four, California and Arizona saw three each, and Utah and Washington state notched one each.
Total new home sales among the 50 top-selling master-planned communities declined by 18 percent in the first half of 2022 compared to the same time period last year, according to RCLCO.
“Supply chain issues and inadequate new home inventory have continued to pose problems for developers, as price increases and interest rate hikes have begun to impact traffic from potential buyers in recent months,” RCLCO said in its mid-year report.
Nationally, the average price among all new single-family homes is up 15 percent since mid-2021.
“The results of this updated mid-year report confirm that supply chain disruptions continue to have an impact on the ability of master-planned communities to meet new home demand, though climbing interest rates and price appreciation have begun to have an impact on that demand, at least in the near-term,” said RCLCO principal Karl Pischke.
“However, it is important not to overreact to the slowing of sales seen over the last year, as these are still short-term trends,” he said.
“The long-term future of the for-sale housing industry, as evidenced by favorable demographic tailwinds, is strong,” Pischke said. “And the future of master-planned communities, particularly in their ability to capture an outsized share of buyer demand during uncertain or difficult economic times, provides another reason for optimism.”