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:
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 Ridgeville, 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:
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.
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 Ridgeville, 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 Ridgeville, 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.
More details were revealed Wednesday about Volvo’s fully electric SUV that will be built in Ridgeville – and the massive effort it will take to roll them off the assembly line.The Volvo EX90 made its debut in November as the Swedish car company’s new fully electric vehicle.David Stenström, Volvo Cars USA VP manufacturing Americas, said at the 12th annual South Carolina Manufacturers Alliance Auto...
More details were revealed Wednesday about Volvo’s fully electric SUV that will be built in Ridgeville – and the massive effort it will take to roll them off the assembly line.
The Volvo EX90 made its debut in November as the Swedish car company’s new fully electric vehicle.
David Stenström, Volvo Cars USA VP manufacturing Americas, said at the 12th annual South Carolina Manufacturers Alliance Automotive Summit on Wednesday that it will feature recycled plastics for the interior, which will be all animal/leather-free, among many other top-of-the-line and sustainable features.
He said it’s been a big challenge, but they are confident in overcoming those challenges.
The biggest of those challenges being:
Fifty percent more machines will need to be installed ahead of building the EX90s at Volvo’s Ridgeville plant — in addition to 1,300 new team members to be hired for its launch. The new employees will need to undergo eight weeks of training.
It takes seven years to design, build and then launch a new vehicle, said Stenström.
“The competition will be brutal for Volvo,” said Stenström. “If you’re not out there being the first, you probably will not survive (in this industry). But there is nothing hindering us from expanding what we have today and with the right people there is nothing we can’t do.”
Volvo CEO Jim Rowan said the EX90 ushers in a new era for safety for Volvo drivers and passengers.
“Born electric, born with lidar. The start of a new era of electrification, technology and safety,” Rowan said in a video presentation at the end of September. All Volvo EX90s will come with a combination of the latest technology powered by an understanding of the car’s outside environment and the person driving the vehicle, the company said.
Greenville and Spartanburg County Councils approved Volvo Cars USA’s fee-in-lieu-of-tax agreements in October. The FILOT applies to specific sites occupied by parts makers in the Upstate to prepare the company’s Ridgeville plant for building the electric SUVs.
Stenström said by 2025, they plan for a zero-carbon neutral site, in addition to these other mid-decade business ambitions:
Long-term Volvo ambitions include climate neutral company by 2040, pure electric car company by 2030, circular business by 2040, and recognized leader in responsible business. Currently, 90% of the EX90’s build is localized.
“South Carolina is blessed to have Volvo Cars here, and we can’t wait to see what the future holds as Volvo continues to innovate and grow here,” said Sara Hazzard, president and CEO of the South Carolina Manufacturers Alliance.
RIDGEVILLE, S.C. (WCSC) - A cold storage solutions company plans to invest more than $70 million to establish operations in Dorchester County, the governor’s office announced Thursday.Arcadia Cold Storage & Logistics is a third-party cold chain services provider that focuses on handling, storage, distribution and value-added services for the food industry. The company works to bridge supply gaps within the cold chain industry through modern cold storage warehouse development and services.“We are extremely excite...
RIDGEVILLE, S.C. (WCSC) - A cold storage solutions company plans to invest more than $70 million to establish operations in Dorchester County, the governor’s office announced Thursday.
Arcadia Cold Storage & Logistics is a third-party cold chain services provider that focuses on handling, storage, distribution and value-added services for the food industry. The company works to bridge supply gaps within the cold chain industry through modern cold storage warehouse development and services.
“We are extremely excited about this project and want to express our sincere thanks to the South Carolina Ports Authority, Dorchester County, our Saxum Real Estate partners, the Governor and the Department of Commerce in the great state of South Carolina for their support,” Arcadia CEO Chris Hughes said. “We are very bullish on the Charleston market — the advantages of the Port of Charleston as a Southeast gateway out of and into the U.S. — and on our ability to provide the specialized and unique handling and storage services that will be required for retailers, frozen and refrigerated food manufacturers, and fruit and produce importers to grow their market share in the region. Most importantly, we are proud to bring new jobs to Dorchester County and the surrounding communities.”
The new operation, which will be located at the Ridgeville Industrial Campus, will support high-volume throughput handling services including a variety of value-added services, full pallet handling, case picking and transportation management. The company will utilize the Port of Charleston to support both import and export trade.
“The demand for efficient food distribution across the United States will only continue to grow, and it’s innovative companies like Arcadia Cold Storage & Logistics that are answering the call and addressing supply gaps,” Gov. Henry McMaster said. “We are proud to welcome this company to Dorchester County, and look forward to the positive impact they will make in South Carolina and on the U.S. food supply chain.”
The company expects the investment will create 69 new jobs.
“We are excited to welcome Arcadia Cold Storage & Logistics to Dorchester County and celebrate the 69 new jobs that the company will create,” Secretary of Commerce Harry Lightsey said. “South Carolina’s talented workforce, ideal East Coast location and efficient infrastructure network make our state the perfect location for Arcadia Cold Storage & Logistics’ new operations.”
The facility is expected to be operational by early 2024. Those interested in joining the Arcadia Cold Storage & Logistics team should visit the company’s careers page.
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RIDGEVILLE, S.C. (WCIV) — Phase two of construction of the Campus 4 in Camp Hall Commerce Park is underway.The second phase involves the construction of a 1,123,360-sq-ft industrial facility on 110.6 acres of land.“We’re proud of the progress we’ve made on Phase I of this project, and our team is excited to carry that momentum through to Phase II. Camp Hall is an expertly planned, best-in-class park, and we’re honored to be involved in the full development of Campus 4," said Keith Horton, seni...
RIDGEVILLE, S.C. (WCIV) — Phase two of construction of the Campus 4 in Camp Hall Commerce Park is underway.
The second phase involves the construction of a 1,123,360-sq-ft industrial facility on 110.6 acres of land.
“We’re proud of the progress we’ve made on Phase I of this project, and our team is excited to carry that momentum through to Phase II. Camp Hall is an expertly planned, best-in-class park, and we’re honored to be involved in the full development of Campus 4," said Keith Horton, senior project manager at Frampton Construction.
The Camp Hall project was designed and promoted by Santee Cooper in partnership with the South Carolina Department of Commerce, Berkeley County, Edisto and Berkeley Electric Cooperatives, the South Carolina Power Team, the Charleston Regional Development Alliance, and the South Carolina Ports Authority.
“The full development of Campus 4 at Camp Hall Commerce Park gives Portman Industrial a substantial land position with state-of-the-art logistics facilities in the highly constrained Charleston market. Campus 4 provides us with the ability to target a diversity of tenants desiring smaller, single-load facilities that have been the hallmark of Charleston’s tenant demand,” says John Gaskin. “Campus 4 also fills a void in immediate supply of cross-dock logistics facilities of +/- 500,000 square feet and +1,000,000 square feet, which are in short supply in Charleston and desired by present and future port customers.”
Frampton Construction Company, LLC. is leading the construction project.
Phase one of the Campus 4 construction is still underway. It includes three industrial facilities with a combined 940,000-sq-ft. That phase is over 60% leased at this time.
Last June, nearly two dozen miles of new railway track were given federal funding to the tune of $25 million.
The money was slated for the South Carolina Department of Commerce's Palmetto Railways division to construct approximately 22.7 miles of new track and related facilities. This will connect the Camp Hall Commerce Park in Ridgeville to the CSX multi-state rail network.
RIDGEVILLE, S.C.--(BUSINESS WIRE)--This morning, Walmart associates and managers joined local residents and elected officials for the grand opening of Walmart’s highly ...
RIDGEVILLE, S.C.--(BUSINESS WIRE)--This morning, Walmart associates and managers joined local residents and elected officials for the grand opening of Walmart’s highly anticipated $220 million Import Distribution Center in Ridgeville, S.C. The event featured remarks from Governor Henry McMaster and Mike Gray, SVP Supply Chain Operations, Walmart; as well as a congratulatory video from John Furner, President and CEO, Walmart; and concluded with a ribbon cutting ceremony.
“Our team of more than 980 associates from Dorchester County and the surrounding communities are excited to officially open the doors to our new Import Distribution Center,” said Jeff Holzbauer, general manager, Import Distribution Center #8980, Walmart U.S. “South Carolina is home to some of the country’s most convenient and efficient modes of transportation, including the Port of Charleston and Interstates 26 and 95. Being a member of this community means having the advantage of the region’s existing infrastructure as well as a pool of experienced associates familiar with it. Cutting this ribbon today signifies our commitment to that community.”
“Walmart has been a long-time partner of South Carolina, and as years have passed, they have continued to double-down on their commitment to our people and reinvest in our state,” said Governor Henry McMaster. “Walmart hasn’t only created thousands of jobs in our state – it has become an integral part of the communities in which it operates. Today’s celebration is the result of our state working hard to be the ideal place to do business and a company recognizing the benefit of having our incredibly skilled workforce and premier ports system in its backyard.”
Business Friendly Location Featuring Deep-Water Access
Dorchester County was selected as an ideal location due to South Carolina’s business friendly environment as well as the proximity to the nearby deep-water Port of Charleston. The new Import Distribution Center will store and sort imported goods that arrive through the Port of Charleston– the country’s eighth-largest port—for delivery to 850 regional Walmart and Sam’s Club locations across the Southeast. Once fully operational, the facility is expected to increase local port volumes by approximately five percent.
“Walmart is the recognized leader in supply chain innovation and performance. Having this world-class company choose our market for their seventh import distribution center is the ultimate vote of confidence in SC Ports and in South Carolina, further solidifying SC Ports as a leader in retail distribution,” SC Ports CEO Jim Newsome said. “The strategic investments we have made in port infrastructure enable SC Ports to support global retailers’ supply chains. We are thrilled to partner with Walmart to further their growth and impact for years to come.”
“We know our customers count on us for a broad assortment, and this new import distribution center will give us expanded access to seaports, in turn allowing us to deliver a wide selection of merchandise from around the globe,” said Mike Gray, SVP Supply Chain Operations, Walmart. “We also strive to be a store of the community and are proud of how we’ve been able to leverage our investments in supply chain to create economic opportunity and jobs for the Dorchester County area.”
Facility Surpasses Initial Hiring Goal
During the grand opening event, Holzbauer shared that the new facility is well on its way of surpassing its initial hiring goal of 1,000. Working alongside the Department of Commerce, Walmart expects to soon employ more than 1,300 local full-time associates at the new facility.
“We are actively staffing Ridgeville with a team that will play an important role in serving our customers,” said Andrew Dale, Senior Director of US Supply Chain People, Walmart U.S. “Walmart is dedicated to the training and development of its associates. Each of the positions we’re currently hiring for in Ridgeville, brings with it a pathway of lifelong career opportunity that with Walmart’s scale has industry changing impact. Walmart is full of everyday people doing extraordinary things.”
Continued Investment in South Carolina Community
During the grand opening ceremony, Walmart celebrated its commitment to the community by proudly presenting $10,000 to Going Places, a local non-profit organization whose mission is to bring joy to kids-in-need through the gift of bicycles.
“Dorchester County is excited to welcome the Walmart Import Distribution Center to Ridgeville. We value Walmart as a partner in community and economic development and appreciate their investment in our area,” said Bill Hearn, Chairman, Dorchester County Council. “A project of this magnitude requires a great deal of coordination, and we thank all of our allies, including the South Carolina Ports Authority, who made this possible.”
The new Ridgeville facility is located at 1030 Timothy Creek Rd. The three million square-foot facility (equivalent in size to 52 football fields) will become Walmart’s first Import Distribution Center in the state of South Carolina to leverage the port.
Walmart Inc. (NYSE: WMT) helps people around the world save money and live better - anytime and anywhere – in retail stores, online, and through their mobile devices. Each week, approximately 230 million customers and members visit approximately 10,500 stores and clubs under 46 banners in 24 countries and eCommerce websites. With fiscal year 2022 revenue of $573 billion, Walmart employs 2.3 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting corporate.walmart.com, on Facebook at facebook.com/walmart and on Twitter at twitter.com/walmart.
About Walmart in South Carolina
Walmart Inc. (NYSE: WMT) helps people around the world save money and live better – anytime and anywhere – in retail stores, online and through their mobile devices. In South Carolina we serve customers at 122 retail units and online through Walmart Online Grocery, Walmart.com and our family of brands. We are proud to employ more than 35,000 associates in South Carolina. Walmart supports local businesses, spending $1.6 billion with South Carolina suppliers in FYE 2021 and supporting more than 22,000 South Carolina supplier jobs. Walmart continues to be a leader in employment opportunity, sustainability, and corporate philanthropy. In FY21, Walmart and the Walmart Foundation contributed more than $15 million in cash and in-kind donations to local nonprofits in South Carolina. Additional information about Walmart can be found by visiting our corporate website and our Instagram, Facebook and Twitter channels.
RIDGEVILLE, S.C. (WCIV) — The Ridgeville community gathered Sunday evening to reflect on and honor the memory of Lavel "Tyler" Davis Jr., a victim of a shooting on the University of Virginia campus.“Lavel was the type of person who wanted to reach back and bring everyone with him and it was that pay-it-forward mentality that I love the most," said Anitra Doctor, who grew up in Ridgeville with Davis.Read More: ...
RIDGEVILLE, S.C. (WCIV) — The Ridgeville community gathered Sunday evening to reflect on and honor the memory of Lavel "Tyler" Davis Jr., a victim of a shooting on the University of Virginia campus.
“Lavel was the type of person who wanted to reach back and bring everyone with him and it was that pay-it-forward mentality that I love the most," said Anitra Doctor, who grew up in Ridgeville with Davis.
Davis was known as a football star at the University of Virginia, but in his hometown he was more.
“Lavel had natural leadership ability from the time he was small, people naturally gravitated towards him and were drawn to him and that was something you didn’t see in people that age," said Calvin Lenning, a coach from Woodland High School.
Hundreds of people came out to Sunday's vigil to light a candle for Davis's love, peace, and faith.
Lavel 'Tyler' Davis Jr. remembered with candlelight vigil in Ridgeville Sunday. (WCIV)
“Lavel was a loving young man who loved everybody and I think that’s representative of everyone who came out tonight to celebrate his life, his love, his legacy, and his memory and we just want the world to know what we got to experience first hand," Doctor said.
As a football alum from Woodland High, coaches said he was an inspiration.
“The love he had for the game, the love he had for his teammates, his coaches, his community, is woven so deep in our program that these guys that were playing this year were feeding off of the love that he displayed," Lenning said.
Friends also shared their favorite memory of Davis.
“I just remember having to prepare myself for practices because I remember he was going to give it his all every day, whether it was scoring touchdowns or hitting me as hard as he could, I could see that playing with him by my side was the best feeling," said Mark Parsons, whose son was best friends of Davis.
Despite the time of sadness, the town of Ridgeville came together to heal.
“I think Lavel would say this is the Ridgeville that he experienced, this is the Ridgeville that he wanted the world to experience and I think that was evident today," Doctor said.