Mortgage Broker in Mount Pleasant, 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 Mount Pleasant, 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 Mount Pleasant, SC
 Mortgage Company Mount Pleasant, 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 Mount Pleasant, SC
 Refinancing Mount Pleasant, 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 Mount Pleasant, 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 Mount Pleasant, 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 Mount Pleasant, SC

Latest News in Mount Pleasant, SC

The Mustard Seed in Mount Pleasant announces its closing

MOUNT PLEASANT, S.C. —A popular restaurant in Mount Pleasant, South Carolina, has announced its closing.The Mustard Seed has been in business for more than 28 years.(Video above: Morning headlines from WYFF News 4)The owner, Sal Parco, posted Sunday on Facebook that he will retire and the restaurant will close and be taken over by a new group.Read his full message below:"It’s with a heavy heart ...

MOUNT PLEASANT, S.C. —

A popular restaurant in Mount Pleasant, South Carolina, has announced its closing.

The Mustard Seed has been in business for more than 28 years.

(Video above: Morning headlines from WYFF News 4)

The owner, Sal Parco, posted Sunday on Facebook that he will retire and the restaurant will close and be taken over by a new group.

Read his full message below:

"It’s with a heavy heart and mixed emotions, I am writing to formally announce my retirement and the closing of the Mustard Seed. Please visit me as this will be my final week and it is my hope to see as many of you as possible. I opened the original Mustard Seed over 28 yrs ago, and it’s been quite a journey. Along the way I’ve had the privilege to serve the greater Mt Pleasant community, even opening up additional restaurant concepts that were frequented by my cherished customers. It has been my great honor to be a part of the restaurant community and I’ll never be able to express my appreciation toward the many customers that I now consider to be my family. I am forever grateful to have been welcomed in with such open arms and my gratitude toward you is immense. I’ve thoroughly enjoyed coming to work everyday, meeting, greeting and serving the most wonderful group of loyal customers. You have been my family for almost 30 years and I will miss each and every one of you. But it is time to pass on the baton…

"To my Mustard Seed team, thank you for your commitment and your loyalty. You have made this feel more like a passion project as opposed to work. A special thanks to my dedicated leaders that always stepped up even through the many challenges we’ve faced throughout the years. I never questioned your integrity as you added to the successes we achieved. But after much thought and careful consideration, I realize that it’s time to slow down as I’m not a youngster anymore and all good things must come to an end. I want to thank everyone for the experiences and opportunities I have been able to enjoy. The fond memories of our times together will follow me into my retirement and any future endeavors.

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"Until then, I am fully committed to assisting in the transition of the new group taking over… I know this wonderful community will embrace them just as you did me 28+ years ago. You allowed me to live out my dreams and achieve opportunities that I couldn’t even imagine were possible. I love each and everyone of you! All the best,Sal Parco"

Coming soon: a boutique hotel in the heart of Old Village neighborhood

MOUNT PLEASANT — The design and hospitality firm behind the Post House is expanding its presence in Mount Pleasant’s historic Old Village neighborhood with a new boutique inn and a restaurant serving up Mediterranean dishes.While there have been plans for a hotel on the site for years, Basic Projects is breathing new life into the idea as the new developer.On the corner at Hibben and Whilden streets, the company’s Seabird will be a 23-room lodging with a lounge and restaurant that can seat 60 people. The cost ...

MOUNT PLEASANT — The design and hospitality firm behind the Post House is expanding its presence in Mount Pleasant’s historic Old Village neighborhood with a new boutique inn and a restaurant serving up Mediterranean dishes.

While there have been plans for a hotel on the site for years, Basic Projects is breathing new life into the idea as the new developer.

On the corner at Hibben and Whilden streets, the company’s Seabird will be a 23-room lodging with a lounge and restaurant that can seat 60 people. The cost was not disclosed.

Basic Projects’ tiny Post House on Pitt Street recently was recognized by Travel + Leisure readers as South Carolina’s top resort destination, beating out larger properties on Kiawah and Hilton Head islands. The firm also owns Basic Kitchen in Charleston and Sullivan’s Fish Camp on Sullivan’s Island.

Drawn to the “neighborhood charm” of the Old Village, Basic Projects put a pause on the Seabird project to focus on its Post House venture.

The company’s partners said the success of the Post House over the last three years has inspired how they’re approaching their second hotel — not just in design but in functionality. They view the two as sister properties.

Post House is a coastal tavern with seven rooms above the restaurant, housed in a historic late-1800s building. The Seabird will be a more contemporary boutique hotel that offers a restaurant with a wood-fired menu.

“We always say Post House is a restaurant with rooms, but the Seabird will be a boutique hotel with a restaurant for locals and visitors to enjoy,” founding partner Ben Towill said.

He said that the company is looking to extend the experience they’ve curated at Post House and provide an alternative lodging and dining option for the area.

“At Post House, we’ve seen guests really respond to the experience that staying in the Old Village has to offer,” Towill said. “It’s conveniently located between downtown and the beach, but it offers an intimate neighborhood feeling. On the other hand, we’ve seen the community really enjoy having a nearby dining option.”

MOUNT PLEASANT — A North Carolina-based supermarket chain plans to enter the Charleston market, stepping in after another grocery store’s plans fell through.

The Fresh Market has taken over the lease from discount grocer Lidl for a space in Bowman Place Shopping Center, according to a document filed Sept. 27 in the Charleston County land records office.

A spokeswoman for the Greensboro-based specialty grocer said the company “did not have anything to share at this time” on its open schedule.

Peter Stone of Mount Pleasant’s planning department said Fresh Market has not presented construction plans to the town, which usually considers building and facade alterations as well as signage through the Commercial Design Review Board.

German company Lidl, with its U.S. headquarters in Arlington, Va., had planned to move into a 26,000-square-foot space in the Dick’s Sporting Goods-anchored retail center near Bowman Road and Johnnie Dodds Boulevard.

Work came to a halt more than a year ago.

A Lidl representative did not respond for comment.

The Fresh Market now has the remainder of the 15-year tenant agreement Lidl signed three years ago next month. The lease also included an option for 15 more years.

New restaurant coming to Charleston area; new retail leases signed; pet supply shop closes

A new dining venue with ties to a principal of a planned downtown Charleston culinary venture and another Lowcountry restaurant is in the works for northern ...

A new dining venue with ties to a principal of a planned downtown Charleston culinary venture and another Lowcountry restaurant is in the works for northern Mount Pleasant.

Interior construction is underway on Migliori’s Restaurant at 1146 Muhlenbergia Drive in a three-space suite next to Results Physiotherapy off U.S. Highway 17 just north of S.C. Highway 41. The new business recently applied for its state license to sell alcoholic beverages.

Donald Migliori, an attorney with Motley Rice LLC, is the registered agent of the new restaurant.

“We look forward to opening this additional location ... in the beginning of 2024,” Migliori said.

Charleston County land records show Migliori bought the 0.85-acre parcel where the new restaurant is being built for $3.45 million in 2022.

Migliori also has a nearby 2,000-square-foot pizza restaurant at 1055 Highway 41, near a CVS drug store and Sonic Drive-In restaurant. The pizzeria will move to the new 6,000-square-foot site on Muhlenbergia Drive early next year, according to company spokesman Jared Black.

After the move, the existing restaurant will remain in operation but eventually be transformed into a new Italian concept by the middle of next year, Black said.

Additionally, Migliori is involved in the long-planned makeover of a former fine-dining site on the peninsula.

He is the listed agent for Pasta Beach Charleston LLC, which recently re-upped its application to sell booze at 492 King St., where the former 492 restaurant operated for four years until it closed in 2018.

Earlier in the summer, Migliori said work on the King Street site is still underway and an opening timeframe is several months away. Black said the focus is on the new Mount Pleasant venue for now and the downtown restaurant could open by mid-2024 “if everything comes together.”

A group of investors bought the two-story structure at the corner of Mary Street and other items including equipment in 2021 for $6.8 million through a firm called CasaMigs Realty LLC.

A small New England Italian restaurant chain with two locations in Rhode Island and one in Boston also operates under the name Pasta Beach. In 2022, operations director J. Eldredge Ropolo told The Boston Globe that the family-owned business was planning a new establishment in Charleston.

Black said Pasta Beach was the original name for the new downtown venue, but that’s no longer the case. He said the site will either open as an Italian venue under the Migliori umbrella or be leased for another restaurant operator.

New leases

Three new shops are coming to a Hanahan shopping center anchored by Piggly Wiggly supermarket.

An alcoholic beverage store and two vape suppliers recently leased space in Yeaman’s Hall Plaza on Yeamans Hall Road, according to the commercial real estate firm Coldwell Banker Commercial Atlantic.

James Pugh leased 900 square feet at 1286 Yeamans Hall Road for a liquor store while FX LLC leased 900 square feet at 1288 Yeamans Hall Road and 720 square feet at 1302 Yeamans Hall Road for vape shops.

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Now open

A Florence-based memorial shop recently opened an outpost in Charleston.

Brown Memorials Factory Outlet can be found at 2413 Savannah Highway in West Ashley.

To mark the opening, the business is offering a discount up to 20 percent on headstones or columbariums through Sept. 16, according to company vice president Hal Wagner.

Brown Memorials has been serving the Pee Dee area for more than 115 years.

Lights out

A longtime pet-goods retailer in Mount Pleasant has gone dark.

Indigo Creek Pet Supplies at 1314 Stuart Engals Blvd. closed in late August after a 27-year run. Owner Gregory Clark pointed to supply and staffing issues as the reason for closing, according to a report in The Moultrie News.

“It’s just gotten to the point where the other side of the business dealing with my distributors and manufacturers and trying to find employees is becoming too difficult and something that I don’t want to deal with, it’s becoming too stressful for me and I have been doing it for too long for it not to be fun,” Clark said.

Cleaning up

A new vehicle-cleaning business is being built where a bank once operated in Summerville

Tommy’s Express Car Wash soon will take shape at 1319 N. Main St. in front of Walmart.

The new shop is being built by J. Musselman Construction Co. of Charleston, which filed a project commencement notice in Berkeley County on Aug. 28.

Real Estate

A Midvale, Utah, firm called Olympus Palms 3 LLC bought the 0.82-acre site in 2022 for $2.81 million, according to land records. A branch of First Citizens Bank once operated on the property.

Tommy’s announced last spring it would bring its first Lowcountry site to 3680 Ashley Phosphate Road in North Charleston.

Two other shops also are in the works. The company plans to open a car wash at 1509 Trolley Road in Summerville and on Tanger Outlet Boulevard in North Charleston, where a former Burger King was recently demolished.

The Utah company bought the 1-acre corner parcel near Tanger Outlets in July for $2.65 million. Coldwell Banker Commercial Atlantic represented the seller, Benton Parkway LLC, and Colliers represented the buyer, Olympus Palms 7 LLC.

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Community input needed for proposed Carolina Park & Park Avenue trail

People who live in the Carolina Park and Park West area of Mount Pleasant could soon see a new multi-use trail.MOUNT PLEASANT, S.C. (WCSC) - People who live in the Carolina Park and Park West area of Mount Pleasant could soon see a new multi-use trail.The proposed trail would run from Park West Boulevard, through the roundabout at Carolina Park, then run through Carolina Park and out to US-17.The project team held a community input meeting to show people who live in the area renderings of the path and get their feedback ...

People who live in the Carolina Park and Park West area of Mount Pleasant could soon see a new multi-use trail.

MOUNT PLEASANT, S.C. (WCSC) - People who live in the Carolina Park and Park West area of Mount Pleasant could soon see a new multi-use trail.

The proposed trail would run from Park West Boulevard, through the roundabout at Carolina Park, then run through Carolina Park and out to US-17.

The project team held a community input meeting to show people who live in the area renderings of the path and get their feedback on Wednesday night.

The project manager James Aton said the biggest question he has gotten regarding proposed multi-use trail in the Park West, Carolina Park area, is “when are we going to actually see it?”

He says he’s glad so many residents have shown interest in the trail.

“Presenting the concept of this as part of the Mount Pleasant Way, then seeking input on the path, amenities, sidewalk, streetlights, water fountains, things of that nature.” Aton said.

This trail is part of the long-planned Mount Pleasant Way Project in town. Officials with the project say the goal of the Mount Pleasant Way plan is to eventually have 47 miles of multi-use trails that reach all over town.

Aton says as of right now, about 39% of the Mount Pleasant Way Project either complete or tied to imminent projects.

The proposed trail in north Mount Pleasant is one that’s wider than a normal sidewalk, about 10-12 feet.

Aton said it will be about a mile and half, with mostly commercial properties along the trail.

The neighborhood livability division chief and Mount Pleasant resident, Liz Boyles, says she wants anyone in the Mount Pleasant area to know this path isn’t just for people who live in Carolina Park or Park West.

“We’ve already seen a lot of those come into this area, but I’m told some more restaurants like a Mexican place and an ice cream shop have been discussed too,” Boyles said.

Aton says some stores in the area have already agreed to give some right-of-way land to allow the trail.

“This segment made too much sense because commercial properties benefit from additional foot traffic, outreach, they’ve been very supportive of the project,” Aton said.

Right now, the project team wants to get input from the public by the end of July so they can apply for green belt funds.

“We’ve never had something like this in Mount Pleasant,” Boyles said. “We’ve had neighborhood parks and community parks, which are wonderful spaces. But this will enable us to connect those and people within the communities around them to get there more safely without necessarily having to get in the card.”

Once funding is acquired, Aton says they aren’t sure when folks will see the path. However, he predicts it will be somewhere between 5 to 15 years.

For more information on the project and to take the survey, click here.

Copyright 2023 WCSC. All rights reserved.

Florida-based restaurant chain plans to add 2 Charleston-area locations

You’re seeing The Post and Courier’s weekly real estate newsletter. Receive all the latest transactions and top development, building, and home and commercial sales news to your inbox each Saturday here.A fondue ...

You’re seeing The Post and Courier’s weekly real estate newsletter. Receive all the latest transactions and top development, building, and home and commercial sales news to your inbox each Saturday here.

A fondue restaurant chain plans to expand into the Lowcountry.

Bob Johnston, CEO of The Melting Pot, said the Tampa, Fla.-based company is looking to add two locations in Charleston and Mount Pleasant. He cited the Palmetto State’s strong tourism industry as a key reason for the expansion plan.

The chain already has a presence in Columbia, Greenville and Myrtle Beach. It said it hopes to have 15 locations in South Carolina by 2025.

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Liberty Senior Living wants to add more units to its South Bay continuing care facility, but it needs an amendment to a planned development because of Mount Pleasant’s moratorium on new multifamily buildings.

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3: Number of new restaurants planning to open in the fall in an expanding Charleston-area shopping center.

65,000: Size of proposed new supermarket in a new retail development beside Freshfields Village between Kiawah and Seabrook islands.

2563: Address on Ashley River Road for a fast-food restaurant that recently turned out the lights.

Real Estate

+ More multifamily: A 110-unit townhome development is in the works for the Point Hope area of Charleston on the Cainhoy peninsula.

+ Doctor’s orders: A medical office building is being proposed in Point Hope.

+ Sliding sales: Charleston-area home sales slipped again in July for the 23rd consecutive month.

A social venue called Ocean Club is being proposed at the site of the former Sand Dunes Club property on Sullivan’s Island.

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Our twice-weekly newsletter features all the business stories shaping Charleston and South Carolina. Get ahead with us - it’s free.

MOUNT PLEASANT — A North Carolina-based supermarket chain plans to enter the Charleston market, stepping in after another grocery store’s plans fell through.

The Fresh Market has taken over the lease from discount grocer Lidl for a space in Bowman Place Shopping Center, according to a document filed Sept. 27 in the Charleston County land records office.

A spokeswoman for the Greensboro-based specialty grocer said the company “did not have anything to share at this time” on its open schedule.

Peter Stone of Mount Pleasant’s planning department said Fresh Market has not presented construction plans to the town, which usually considers building and facade alterations as well as signage through the Commercial Design Review Board.

German company Lidl, with its U.S. headquarters in Arlington, Va., had planned to move into a 26,000-square-foot space in the Dick’s Sporting Goods-anchored retail center near Bowman Road and Johnnie Dodds Boulevard.

Work came to a halt more than a year ago.

A Lidl representative did not respond for comment.

The Fresh Market now has the remainder of the 15-year tenant agreement Lidl signed three years ago next month. The lease also included an option for 15 more years.

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