Mortgage Broker in James Island, SC

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 Mission One 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, Mission One is the team you can trust.

Here are just a few reasons why home buyers choose Mission One Mortgage:

No Additional Fees

No Additional Fees- Providing our client's services free of charge, using a mortgage broker like Mission One Mortgage can help you scout the best price on loans without a hefty price tag.

Access to 50 Lenders

Access to 50 Lenders- With access to a range of loans and interest rates available, Mission One Mortgage can shop for the best loans for your unique needs.

Accessible to Our Clients

Accessible to Our Clients- Providing a transparent and communicative service to all our clients, Mission One Mortgage ensures all phone calls are answered or returned in a timely manner.

Setting You Up for Success

Setting You Up for Success- Helping you prepare all your documents for pre-approval and the loan application, Mission One Mortgage will provide you with all the necessary information to secure the best loan.

Contact Us For Service !

Free Consultation phone-number (843) 822-5685

To understand the benefits of working with a mortgage broker, you must first understand their role in the home-buying process.

What Does a Mortgage Broker Do?

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. Mission One Mortgage, for example, has access to 50 different lenders, which gives us a wide range of home loans in James 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.

Help with the Pre-Approval Process

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:

  • Two Years of W2 Forms
  • 30 Days of Pay Stubs from Employer
  • 60 Days of Bank Statements
  • A Valid Driver's License

Conventional Mortgages

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.

 Mortgage Broker James Island, SC
 Mortgage Company James Island, SC

FHA Loans

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 Mission One Mortgage today to learn more about FHA loans and whether or not they're best for your financial situation.

USDA Loans

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.

 Mortgage Lending Service James Island, SC
 Refinancing James Island, SC

Veteran Mortgages

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 Mission One 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.

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 James 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 Mission One 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:

  • Do not become a co-signer on a loan with someone else.
  • Do not quit or change your job.
  • Do not apply for new credit cards, automobile loans, or any other lines of credit.
  • Do not use your credit card to pay for large purchases, like furniture for your new house.
  • Do not avoid payments on current lines of credit, loans, or utility bills.

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 Mission One Mortgage ASAP, as loan rates change frequently.

Mission One Mortgage: Turning Dreams into Reality, One Mortgage at a Time

Head-bottom

Here at Mission One 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 James 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.

Contact Us For Service !

phone-number (843) 822-5685
 Refinances James Island, SC

Latest News in James Island, SC

Magical spot on the Stono: Land conservancy buys $1.5M James Island site for county park

About 24 acres of undeveloped land along the Stono River on James Island will be protected thanks to a partnership between the Open Space Institute and the Charleston County Park and Recreation Commission.OSI purchased the property, located at the end of Bradham Road, for $1.5 million using a mixture of local, state and federal funds. The deal was set to close Dec. 20.A limited-liability corporation agreed to sell the tract to OSI for well below market value. The property — appraised north of $4 million — likely wou...

About 24 acres of undeveloped land along the Stono River on James Island will be protected thanks to a partnership between the Open Space Institute and the Charleston County Park and Recreation Commission.

OSI purchased the property, located at the end of Bradham Road, for $1.5 million using a mixture of local, state and federal funds. The deal was set to close Dec. 20.

A limited-liability corporation agreed to sell the tract to OSI for well below market value. The property — appraised north of $4 million — likely would’ve been used to build single-family homes, OSI Senior Land Project Manager Patrick Moore said.

The tract, long and skinny like a piano key, is one of many that make up western James Island. Much of this side of the island remains relatively intact, especially along the waterfront.

“When the little (tracts) like this come up, they’re important because there is a bigger picture for them to plug into,” Moore said. “They’re not just one-offs.”

A pond that’s home to redfish and blue crabs stretches almost the entire length of the 24 acres. A path roughly carved through the center provides ample space for trails, and easy public access to the Stono River. The end of the piano key provides stunning marsh views.

And anyone visiting the nearby James Island County Park will be able to quickly access the new park via a sidewalk along Riverland Drive to Bradham Road.

The Terrabrook neighborhood sits between the two parks. Residents have been supportive of the project, Moore said. So have people in the Cross Cut, a historic settlement community around Central Park and Fleming roads.

The tri-county library systems are working to help improve literacy levels for children before they start kindergarten.

The 1,000 Books Before Kindergarten program started in the Lowcountry in 2021 and was adopted based on other United Way programs around the country, according to Devon Wade, content and communications manager at Trident United Way.

A partnership between Trident United Way, Charleston County Public Library, Berkeley County Library System and Dorchester County Library, the program was started to address early childhood literacy skills from birth to kindergarten, Wade said. The program is run mostly by the library systems, with support from Trident United Way.

Cassie Welch, children’s system coordinator at Charleston County Public Library, oversees the program for the organization. Her role is to promote the program to all library patrons and the Charleston County community.

She said the program has shown to improve school readiness and prepare children for kindergarten by helping them learn vocabulary, social and emotional skills.

Welch added that it also helps kids bond with their parents and build a strong relationship.

“One little boy just recently completed the program,” Welch said. “They would check out a wagon full of books every time they would come to the library to participate in our 1,000 Books Before Kindergarten program.”

Over the summer, 82 percent of their registered readers signed up for the 1,000 Books Before Kindergarten program, which is a little over 1,700 kids in the program, she said.

Children get rewards for different milestones, Welch said. Once a child logs 100 books, she gets a milestone sticker. Welch said other prizes include toys, chalk or bubbles. When a kid reaches 1,000 books, he gets a certificate that says he completed the program, as well as a tote bag and a free book to encourage more reading.

Welch said all branches of the county’s library system have reader walls of fame for the program, and the kids love to see their name displayed and watch as it moves up with different milestones.

Visit May Forest, a new 23-acre state park on James Island

Updated with visitor information on Friday, Oct. 13Something green is coming to Charleston, and we’re not talking about St. Patrick’s Day. A new state park is in the works at the tip of James Island. We spoke with SC State Parks Director Paul McCormack for the latest on the project.The waterfront park will be located on 23 acres at the end of Fort Johnson Road, adjacent to the Fort Johnson historic site. The parcel is managed by the SC Dept. of Parks, Recreation & Tourism.In 2021, the state ...

Updated with visitor information on Friday, Oct. 13

Something green is coming to Charleston, and we’re not talking about St. Patrick’s Day. A new state park is in the works at the tip of James Island. We spoke with SC State Parks Director Paul McCormack for the latest on the project.

The waterfront park will be located on 23 acres at the end of Fort Johnson Road, adjacent to the Fort Johnson historic site. The parcel is managed by the SC Dept. of Parks, Recreation & Tourism.

In 2021, the state purchased the land from the Sisters of Charity of Our Lady of Mercy for $23 million. The May Forest Convent located on-site is expected to be converted into an event venue that will be the main component of the new park. Funding has not yet been secured for the venue construction project.

Charlestonians can look forward to a day-use recreation and picnicking area with views of the Charleston Harbor, the Ravenel Bridge, and Fort Sumter. There is an existing gazebo and bench swing. Conceptual images are not yet available, but stay tuned.

An event space, lodging, and a dock may be added in the future. A structural assessment of the property is expected to determine park features down the road. What would you like to see this new park offer? Let us know.

In addition, there is a master plan that envisions the entire ~100-acre Fort Johnson area that is separate from the state park project.

The park is expected to open this spring or summer. There is currently no timeline for potential future amenities, but keep an eye on the newsletter for updates. The plans for Fort Johnson, which surrounds the state park area, are long-term.

May Forest launched its soft opening phase. The new state park on the northeast waterfront of James Island offers views of the Charleston Harbor, Ravenel Bridge, and Fort Sumter, plus woodland and fields abutting the shore.

The park is far from finished — but you can stroll for yourself now.

The South Carolina Department of Natural Resources bought the 23-acre park land from the Sisters of Charity of Our Lady of Mercy for $23.25 million in 2021.

May Forest State Park and the ~100-acre Fort Johnson area make up a long-term development plan including updated trail access, greenspace, historical interpretation, and research campuses.

The park is located at 424 Fort Johnson Rd. Since it occupies one tip of James Island, navigating is easy: just follow the road to its end and follow the signage for visitor parking.

During the soft opening phase, the park is open from 8 a.m.-5 p.m. on weekdays, grounds only.

May Forest is currently hiring a park ranger. Once they do, you’ll be able to visit on weekends, too.

Currently, May Forest offers walking trails and four picnic tables to unwind by the water. Pets are welcome in most areas, but you’ll need to keep them leashed.

As the park grows, look forward to an event space at the old May Forest Convent, overnight accommodations, and dining options.

$277M hospital proposed for Johns Island

Trident Medical Center has submitted a Certificate of Need to the South Carolina Department of Health and Environmental Control to build a $277 million hospital on Johns Island. The application is for a 50-bed acute care hospital between Maybank Highway and Cane Slash Road, across from the Live Oak Square development.Projections for Johns Island Hospital show that within the first three years it will create nearly 300 jobs, contribute $10 million in non-income taxes to support the community and pay $70 million in salaries, wages and b...

Trident Medical Center has submitted a Certificate of Need to the South Carolina Department of Health and Environmental Control to build a $277 million hospital on Johns Island. The application is for a 50-bed acute care hospital between Maybank Highway and Cane Slash Road, across from the Live Oak Square development.

Projections for Johns Island Hospital show that within the first three years it will create nearly 300 jobs, contribute $10 million in non-income taxes to support the community and pay $70 million in salaries, wages and benefits, the organization said in a release.

“We are excited to continue making medical care more accessible to residents in our historically underserved communities,” Trident Health President and CEO Christina Oh said in the news release. “Currently on Johns Island and neighboring communities, it can take residents 30 to 45 minutes to drive to their nearest hospital, and often longer in heavy traffic and inclement weather. Our goal is to increase access to timely, high quality and affordable health care services.”

Trident Medical Center’s chief of the medical staff and medical director of emergency services, Dr. Scott Hayes, said he sees firsthand the results of delayed care.

“For residents who live far from emergency medical care and who may be experiencing a medical emergency like a heart attack or a stroke, minutes can mean the difference between life and death,” he said in the news release. “Access to care close to home is critical, especially in areas like Johns Island and the surrounding communities, that have frequent traffic delays.”

Trident Health surgeon Dr. Thomas Litton, who lived on Johns Island for 20 years and recently moved from there largely due to increasing traffic congestion and limited access routes off the island, said, “The rapid population growth and development of Johns Island, as well as its role as the sole gateway to Kiawah, Seabrook and Wadmalaw Islands, has created a strong need for a full-service hospital in the area. Residents on those islands have never had a full-service hospital. Trident’s hospital on Johns Island and their freestanding ER on James Island will greatly improve residents’ access to much-needed medical care.”

Johns Island Hospital will be located seven miles from James Island Emergency, Trident’s new freestanding ER at 945 Folly Road, Charleston, that will open in the next few weeks.

Plans call for Johns Island Hospital to have 50 beds with space to expand to 150 beds, 40 medical/surgical/stepdown beds, 10 ICU beds, 20 ER rooms, four operating rooms, two endoscopy suites and a cardiac catheterization lab. The hospital also would have two CT scanners, an MRI, two diagnostic radiology suites and a fluoroscopy room.

In addition to the hospital, services would include medical offices for primary care and specialists as well as outpatient imaging and support such as breast imaging, rehabilitation and other outpatient therapy services.

“From our first discussions about building a hospital on Johns Island, we have been committed to creating a thoughtful plan that preserves the natural beauty of Johns Island,” Oh said in the release. “We will honor the strong Gullah Geechee cultures of the community; we will partner with the areas’ community and businesses; and will promote the important and unique contributions of Johns Island’s agricultural community.”

The proposed Johns Island Hospital is in addition to nearly $140M in capital investments currently underway at Trident Health’s hospitals, Trident Medical Center and Summerville

James Island Mayor position open after over a decade; 3 candidates hoping to fill the seat

JAMES ISLAND, S.C. (WCIV) — For over a decade, Mayor Bill Woolsey has served over James Island. But on Nov. 7, a new leader will take over.There are three candidates hoping to take his place.Candidate Josh Stokes is not new to the political arena after serving on town council for five years. Stokes said he deserves to be the next mayor due to the experience and public service he can bring to the town."My experience overall, that’s my experience in my daily life as an attorney," Stokes said. "An...

JAMES ISLAND, S.C. (WCIV) — For over a decade, Mayor Bill Woolsey has served over James Island. But on Nov. 7, a new leader will take over.

There are three candidates hoping to take his place.

Candidate Josh Stokes is not new to the political arena after serving on town council for five years. Stokes said he deserves to be the next mayor due to the experience and public service he can bring to the town.

"My experience overall, that’s my experience in my daily life as an attorney," Stokes said. "And I work on very complex issues for people when I’m addressing it for them and finding the right solution and not the easy solution is something I do on a daily basis."

Stokes said if elected, he will focus on development, infrastructure, and flooding.

"Development is one of those, infrastructure related to not just access on the road but pedestrians sidewalk access," Stokes said about the issues he will push for if elected. "Drainage and flooding related to storm water flooding. Those are major issues which we can make a big impact on but if we gotta do that, we need to address them on a daily basis, it cant be reactive in trying to do things, we have to be proactive."

Candidate Brook Lyon has never run for a political office before, but she hopes her love and passion for the Town of James Island will win voters over on Nov. 7. Lyon said she is not new to working hard for the community.

"I’m a hard worker, I’m retired, I have time and the energy and the love for the people and the love for the island," Lyon said. "I’m not a politician, what is a politician? Not me. I’ve never run for public office before and I don’t plan to run for another one. I just want to serve the people, I’m a business woman and a community leader and a community advocate and I’m for the people."

Lyon said if elected, she will bring her work ethic and business skills to the office. Lyon will focus on preserving the beauty of the island.

"We definitely need to prioritize our environment and preserve our natural resources," Lyon said as she reflected on her major issues she will focus on if elected. "We also need to improve drainage and flooding. We need to enforce our current rules and regulations and tweak some to make things better. I do believe government is for the people, we need to be more responsive and more transparent."

Candidate Gresham Meggett III believes he should be the next Mayor of James Island because he knows the town inside and out due his family having roots in the town.

"I’m a eighth generation Charlestonian here and I grew up on James Island and my whole family grew up on James Island for generations and basically James Islanders just want to be heard," said Gresham Meggett III who is running to be the Mayor of James Island. "We need to focus on the people that already live here and quick worrying about this development, we don’t need any more development on James Island until the people who live here are taken care of."

Meggett said if elected, he will focus on the older residents of James Island and make sure their voices are being heard.

"Our ditches are not being dug out and so our neighborhoods are flooded, especially with all this new building going on," said Meggett as he thought about the policies he would focus on if elected. "I think we need to address the ditches and I’m a big proponent of individual property rights so zoning is a big thing for me, I don’t think some of the zoning is appropriate for James Island."

Early voting ends Friday, Nov. 3 at 5 p.m. Polls open on Election Day, Nov. 7, from 7 a.m. to 7 p.m. More info on your polling location can be found on the SC Votes website.

James Island coyote sightings bring safety concerns to residents

JAMES ISLAND, S.C. (WCSC) - The residents of James Island are now seeing and hearing coyotes throughout their community following a rise in coyote interactions on Sullivans Island last month.“Obviously, they’re here in our neighborhood, and we all need to be vigilant,” Lighthouse Point Neighborhood Association President Brook Lyon says.Those who live in the Lighthouse Point community on James Island say they have recently seen and heard coyotes sometimes in broad daylight or in their backyards.“I&...

JAMES ISLAND, S.C. (WCSC) - The residents of James Island are now seeing and hearing coyotes throughout their community following a rise in coyote interactions on Sullivans Island last month.

“Obviously, they’re here in our neighborhood, and we all need to be vigilant,” Lighthouse Point Neighborhood Association President Brook Lyon says.

Those who live in the Lighthouse Point community on James Island say they have recently seen and heard coyotes sometimes in broad daylight or in their backyards.

“I’ve had several reports over the last few weeks of people actually seeing the coyotes,” Lyon adds. “One last week was seen going across Schooner Road in broad daylight. Another photo was taken in the backyard of someone who has a chicken coop, and there’s live chickens there, which could be a potential food source for coyotes.”

Photos recorded on home security cameras show the coyotes on the island, concerning the community about their personal safety and their pets’ lives.

The Charleston County Sheriff’s Department says there is one reported incident with coyotes on James Island back in June.

Sullivans Island also reported five coyote attacks involving dogs in August, making the community on James Island even more worried.

“We are one town, one island, and we don’t want animals to start getting snatched or people getting attacked, like what has happened in other areas,” Lyon says.

Lyon and James Island Town Councilmember Troy Mullinax says they reached out to the South Carolina Department of Natural Resources and was told there was no program to help them with coyotes in the neighborhood.

“My next step is to contact Governor McMaster because it’s a natural resource issue, and at this time, the town does not have any wildlife management people,” Lyon says.

“DNR does not have anything in place,” Mullinax adds. “This is something we’re going to address at our upcoming meeting this Thursday, and just let people know that there’s something we’re working on.”

To keep the coyotes out of your neighborhood, they recommend not feeding the wildlife or keeping any potential food source outside for them to find.

If you run into a coyote, you’re advised to react loudly, throw small sticks or cans or spray the animal with water.

The South Carolina Department of Natural Resources has not yet responded to a request for comment.

Copyright 2023 WCSC. All rights reserved.

Disclaimer:

This website publishes news articles that contain copyrighted material whose use has not been specifically authorized by the copyright owner. The non-commercial use of these news articles for the purposes of local news reporting constitutes "Fair Use" of the copyrighted materials as provided for in Section 107 of the US Copyright Law.