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 Moncks Corner, 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 Moncks Corner natives, we're proud to serve the Lowcountry and all of South Carolina with trusted mortgage brokerage services.
Unlike some mortgage companies in Moncks Corner, 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 Moncks Corner, 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 Moncks Corner, 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 Moncks Corner, 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 Moncks Corner, 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.
MONCKS CORNER, S.C. – (Friday, January 27, 2023) – There will be a community-wide job fair happening Wednesday, February 1 in the Assembly Room of the Berkeley County Administration Building, located at 1003 N. Highway 52 in Moncks Corner.The event will be open to Berkeley County high school students from 10 a.m. to 12 p.m. and the general public from 12 p.m. to 2 p.m.The event will provide opportunities for Berkeley County industries that are hirin...
MONCKS CORNER, S.C. – (Friday, January 27, 2023) – There will be a community-wide job fair happening Wednesday, February 1 in the Assembly Room of the Berkeley County Administration Building, located at 1003 N. Highway 52 in Moncks Corner.
The event will be open to Berkeley County high school students from 10 a.m. to 12 p.m. and the general public from 12 p.m. to 2 p.m.
The event will provide opportunities for Berkeley County industries that are hiring to connect with job-seeking residents and high school seniors. Employment opportunities in healthcare, manufacturing, law enforcement, hospitality, construction, information technology and other career fields will be represented. Berkeley County Government will also be on-hand to discuss its open positions.
Attendees are urged to bring an updated resume and come prepared to interview on the spot, if necessary.
For questions, please contact Berkeley County Human Resources at 843-719-4163.
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-Prepared by the Berkeley County Public Information Office-
MONCKS CORNER, S.C. – (Friday, February 3, 2023) – Berkeley County received a ‘Clean Report’ or ‘Unmodified Opinion’ following a 2022 independent audit. The audit was presented to County Council on Monday, January 23, 2023 from the County’s outside auditors, Mauldin & Jenkins. Watch the full County Council meeting HERE.
“I’m pleased to say we do not have any audit findings to report to you on this year, meaning we noted no material weaknesses or sufficient deficiencies in the County’s internal controls in our audit. …Being one of the largest counties in South Carolina, you obviously have a significant amount of financial activity for which you have to account for. In addition, with all the new County standards and changes that are being implemented each year—and really just the complexity of all involved in the financial reporting process—it makes it all that more impressive to be able to present you all an audit with a clean opinion and no audit findings.” – David Irwin, CPA Partner, Mauldin & Jenkins
The report represents the best possible opinion the County can receive. The County has received this opinion several years in a row.
“Government has a fundamental responsibility to be effective stewards of the taxpayer’s money and this audit result reflects just that. A special thanks to my colleagues on County Council for their work throughout the budget process and most importantly to each and every Berkeley County employee for your daily efforts throughout the year. This TEAM effort allows us to continue to offer high level services while keeping our county government taxes the lowest in South Carolina.” -Berkeley County Supervisor Johnny Cribb
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-Prepared by the Berkeley County Public Information Office-
It’s been reported that the Moncks Corner branch of the YMCA has a questionable future in the town. It has been rumored the site is being sold or closing.The Berkeley Independent reached out to one official, Sedric Webber, the Vice President of Youth Development who could not comment on the matter. He said that any comment or statement to the media would be released by Paul Stoney, the President and Executive Officer of the local YMCA and he was out of town at the time.As far as the site being up for sale. Through a searc...
It’s been reported that the Moncks Corner branch of the YMCA has a questionable future in the town. It has been rumored the site is being sold or closing.
The Berkeley Independent reached out to one official, Sedric Webber, the Vice President of Youth Development who could not comment on the matter. He said that any comment or statement to the media would be released by Paul Stoney, the President and Executive Officer of the local YMCA and he was out of town at the time.
As far as the site being up for sale. Through a search, the plot at 210 Rembert C. Dennis Blvd. has so far, not been listed on any real estate sites.
The branch’s website states, the Berkeley County Family YMCA opened in 1994 and since then, it has strived to provide low cost programs for families. The Berkeley County YMCA serves over 3,000 members and program participants in Berkeley County.
The facility provides a variety of Health and Wellness services for infants to senior citizens. With the indoor swimming pool in Berkeley County, this YMCA provides educational lifeguard courses and training, senior citizens water aerobics, swim programs for local elementary schools and a variety of other services which promote the health and wellness of the entire community.
Kids from various schools from the Berkeley County School District were honored at the Berkeley County Courthouse in Moncks Corner on March 30.
Youngsters from first grade through high school offered 49 pieces of art for the competition that displays their work on the walls throughout the entire courthouse.
“We have some talented children, very talented,” said Leah Guerry-Dupree, Berkeley County Clerk of Court. “We have big empty walls and I just decided I wanted to display some children’s artwork.”
Not only that it gives kids a chance to win a scholarship.
Close to 200 people were invited to the ceremony to award the winners. Following the presentation, those in attendance toured the halls of the courthouse to see all of the art work that was entered.
There were 11 entries from the high schools, 12 from middle schools and 26 from elementary students. Guerry-Dupree said when the schools were contacted about the effort there was a lot of excitement.
The art stays on the walls at the courthouse until new participants take part in the event next year.
First place winners are: Shiloh Ries from Cane Elementary, Emily Hodgen from Phillip Simmons Middle School and Rebecca Gehringer from Phillip Simmons High School, who also received a $500 scholarship from the Clerk of Courts Office.
MONCKS CORNER, S.C. (WCSC) - A metal processing company is planning to relocate from Kentucky to a facility in Moncks Corner, the South Carolina governor’s office says.ZEB Metals, a newly-established joint venture with Glencore, announced plans to establish its first South Carolina operations.“ZEB Metals is very excited about relocating our company to the Lowcountry and cannot wait to be a part of the community, company President and CEO Cole Lanham said. “South Carolina brings a unique opportunity in the recy...
MONCKS CORNER, S.C. (WCSC) - A metal processing company is planning to relocate from Kentucky to a facility in Moncks Corner, the South Carolina governor’s office says.
ZEB Metals, a newly-established joint venture with Glencore, announced plans to establish its first South Carolina operations.
“ZEB Metals is very excited about relocating our company to the Lowcountry and cannot wait to be a part of the community, company President and CEO Cole Lanham said. “South Carolina brings a unique opportunity in the recycling space with local businesses and government support. We’d like to thank everyone at Berkeley County for all their help in making this project come to life.”
The company plans to add 28 new jobs in Berkeley County. ZEB Metals’ new facility, near Highway 52 in Moncks Corner, will process dross and other types of secondary aluminum scrap that would otherwise be destined for a landfill. This is the first secondary re-melt facility of its kind in the Southeast region of the United States.
“This announcement is further proof that South Carolina has the necessary tools to support recycling companies across the state,” South Carolina Secretary of Commerce Harry Lightsey said. “We welcome ZEB Metals and look forward to seeing how their investment in Berkeley County will create opportunities for South Carolinians.”
Founded in 2021, ZEB Metals is a buyer and trader of non-ferrous scrap, as well as a recycler of metals other than iron and steel. The company processes metals through shredding, melting, screening and sorting materials while providing full-service metal recycling including industrial clean-up and off-site demolition.
Glencore, a Swiss-based commodities trader and one of the world’s largest diversified natural resource companies, will partner with ZEB Metals to expand its current aluminum portfolio. The joint venture will allow for the development of a new line of recycled products to support the companies’ regional customer base.
Operations are expected to be online by late 2023. Individuals interested in joining the ZEB Metals team should visit the company’s contact page.
The Coordinating Council for Economic Development awarded a $75,000 Set-Aside grant to Berkeley County to assist with site preparation and building construction.
Copyright 2023 WCSC. All rights reserved.
The Berkeley Independent recently reported on the future of the Moncks Corner YMCA and the unconfirmed chatter about its future. Officials with the branch offered up some answers, now confirming the facility’s future is certainly, uncertain.According to an emailed response from Ryoko Abbott, the Greater Charleston YMCA’s Marketing Director the site is not closing or up for sale — yet. But said if the facility is sold, the Monck’s Corner branch will be closed.“We do not have any detailed date or tim...
The Berkeley Independent recently reported on the future of the Moncks Corner YMCA and the unconfirmed chatter about its future. Officials with the branch offered up some answers, now confirming the facility’s future is certainly, uncertain.
According to an emailed response from Ryoko Abbott, the Greater Charleston YMCA’s Marketing Director the site is not closing or up for sale — yet. But said if the facility is sold, the Monck’s Corner branch will be closed.
“We do not have any detailed date or timeline at this point. Since 2009, the YMCA of Greater Charleston has made several attempts to provide a meaningful and safe YMCA experience to the community residents of Berkeley County,” the response stated.
“This effort [Moncks Corner branch] has seriously challenged the financial capabilities of our organization. Currently, the Berkeley County Family YMCA is in need of substantial improvement which our organization is unable to provide. As a result of these challenges, and following much discussion and deliberation, the Board of Directors and staff management team of the YMCA of greater Charleston have decided to sell the Berkeley County Family YMCA facility.”
The Berkeley County Family YMCA opened in 1994 and since then, according to its website, it has strived to provide low cost programs for families. The Berkeley County YMCA serves over 3,000 members and program participants in Berkeley County.
The facility provides a variety of Health and Wellness services for infants to senior citizens. With the indoor swimming pool in Berkeley County, this YMCA provides educational lifeguard courses and training, senior citizens water aerobics, swim programs for local elementary schools and a variety of other services which promote the health and wellness of the entire community.
As far as the community is concerned, Abbott states the YMCA will make sure Berkeley is served if something does happen in the future.
“For the current Berkeley County Family YMCA members, arrangements have been made to grandfather all current YMCA members into our YMCA facility at Cane Bay for a term of one year effective on the closing date of this property,” the email stated. “In addition, YMCA youth sports, fitness and other YMCA programming, will continue throughout the Berkeley County community in various satellite locations. Every effort will be made to provide current staff members an opportunity to continue their service with our organization.”
And all is not lost just yet. Moncks Corner residents may not have make the long commute to Cane Bay to get in their physical fix. There are some other plans that may be in the works, but it’s still early in the game.
“The YMCA of Greater Charleston is considering offers from developers that may result in a partnership with a new amenity for the Moncks Corner Community,” Abbot notes. “No decisions have been made at this time. Our intention is to continue to have a high level go service in the Moncks Corner, Berkeley County Community.”
A chemical firm is shutting down a Moncks Corner plant that makes the raw material for products like water bottles and packaging, leaving 125 workers without a job.DAK Americas LLC — a subsidiary of Monterrey, Mexico-based Alpek — will permanently close its plant along the Cooper River that producsd PET resin, a type of polyester that’s derived from petroleum.Layoffs will begin on April 28 and will conclude by the end of the year when the plant shuts down, according to a statement from Ricky Lane, the Charlott...
A chemical firm is shutting down a Moncks Corner plant that makes the raw material for products like water bottles and packaging, leaving 125 workers without a job.
DAK Americas LLC — a subsidiary of Monterrey, Mexico-based Alpek — will permanently close its plant along the Cooper River that producsd PET resin, a type of polyester that’s derived from petroleum.
Layoffs will begin on April 28 and will conclude by the end of the year when the plant shuts down, according to a statement from Ricky Lane, the Charlotte company’s director of public affairs, trade relations and corporate communications.
DAK Americas said it will be moving production from Bushy Park to another unidentified site. The Berkeley County plant, which was built in the early 1970s, had the capacity to make 170,000 pounds of the resin annually.
“This difficult decision was necessitated as we optimize our assets to remain competitive in the challenging global polyester markets,” Lane said in a letter to the S.C. Department of Employment and Workforce.
That letter stated that DAK Americas “will formally and permanently close production operations on March 1, 2023.”
Lane, in an email to The Post and Courier, said March 1 represents the beginning of the plant’s shutdown and that the process will take at least 60 days to complete.
“It may be helpful to understand that these production operations are not like a light switch and cannot just be turned on and off,” Lane said. “These are highly technical polymer processes that must be stopped in a very systematic manner that takes many days/weeks to accomplish. Only after the 60-day period and once the shutdown process is complete for employees in their area of work will the written notice of individual layoff dates be given.”
The company said the shutdown will save it about $20 million a year.
Parent company Alpek said in a written statement that it is “constantly exploring ways to create value through optimization of its installed capacity and strengthening its cost competitiveness.”
The company said it plans to grow “through more efficient utilization of its assets.”
The closure notice was filed with state officials a day before Jorge Young Cerecedo took over as CEO of Alpek. Cerecedo, who has been with the company for 32 years, also will remain president of Alpek’s polyester division, which accounts for two-thirds of the parent company’s revenues.
Alpek acquired the Moncks Corner plant in a 2001 deal with DuPont, which was exiting the polyester market. Alpek created its DAK Americas subsidiary to operate the South Carolina site and other factories.
The planned plant closure comes less than two years after DAK Americas cut 200 full-time jobs and 40 contract workers at the Cooper River site as it wound down its polyester staple fibers business. The company blamed the decision on a flood of cheap imports.
Alpek, which is publicly traded on the Mexican Stock Exchange, reported revenues of $10.6 billion in 2022 — an 37 percent increase from the previous year — and net income of $789 million. It has more than 7,000 employees at 35 plants in nine countries.
Note: This story was updated March 6 with additional comment from the company.