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:
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. Mission One Mortgage, for example, has access to 50 different lenders, which gives us a wide range of home loans in Summerville, 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 Mission One 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 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 Summerville, 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:
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.
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 Summerville, 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.
Summerville designer Gray Benko and her family are on a quest to bring color and life back to historic spaces in the Charleston area. It’s a feat they are accomplishing head-on in a new TV series called “Happy to be Home with the Benkos.”In six episodes, Gray Benko teams up with her craftsman husband, Mike Benko, and her father, Joe “Grumpy” Highsmith, to renovate portions of six historic Charleston-area homes.Each episode features a different house that dates back at least 100 years. The idea is t...
Summerville designer Gray Benko and her family are on a quest to bring color and life back to historic spaces in the Charleston area. It’s a feat they are accomplishing head-on in a new TV series called “Happy to be Home with the Benkos.”
In six episodes, Gray Benko teams up with her craftsman husband, Mike Benko, and her father, Joe “Grumpy” Highsmith, to renovate portions of six historic Charleston-area homes.
Each episode features a different house that dates back at least 100 years. The idea is to add color, texture and fun to each one while breaking away from the “stereotypical farmhouse concept that has been so popular for so long,” said Mike Benko.
Most of the renovated spaces are ones the homeowners were unhappy with. They were either looking for a change, or the space needed some sort of structural or construction work.
The crew works to salvage the integrity of each home’s history while adding the flair of Gray Benko’s designs. Once complete, most of the spaces are revived from floor to ceiling with brand new construction, vibrant colors and patterns, antique furniture and fixtures from local shops.
Each member of the trio has their own rule in the renovations. Gray, who is also a photographer, is responsible for the designs. Highsmith, a general contractor from Hilton Head Island, oversees the construction. And Gray describes her husband, Mike, as a renaissance man who’s “like a jack-of-all-trades kind of guy.” He completes a personalized, special project for each homeowner.
Gray, a Lowcountry native, said her family’s passion for this work likely stems from living in historic homes for so many years. They’ve renovated their own homes, “and that’s kind of how this whole things started,” she said.
“I did our houses, people saw it on my Instagram, loved it and then started asking me for help with their house,” she said. “And then it all turned into this whole TV show thing, and here we are.”
“Happy to be Home with the Benkos” airs on the Magnolia Network, which features original shows curated by Chip and Joanna Gaines, the stars of the hit home renovation TV series “Fixer Upper” and owners of the Magnolia home brand. The show can be streamed on HBO Max and Discovery+, too.
Since the Benkos utilize local businesses to help with the renovations, many Lowcountry faces are seen on the show, too, like Charleston upholsterer Kelvin Moultrie of Carolina Auto Trim, seamstress Elizabeth Wheaton of Wheaton Whaley Home and designer Sally Bennet of Mirth Studio, among other South Carolinians.
The Benkos are currently taking on new projects in the Summerville and Charleston areas. Homes that are built in the 1920s or earlier are preferred.
“We are looking for people who are not afraid of color, obviously, and who have renovations that they already want to do,” Gray said.
Those who are interested should send an email to email@example.com.
SUMMERVILLE, S.C. (WCSC) - Some businesses say prioritizing a sense of place in the town of Summerville is most important and sometimes that means new development, despite what some people might think.Dorchester County has a proposed plan to turn 500 N. Main St., also...
SUMMERVILLE, S.C. (WCSC) - Some businesses say prioritizing a sense of place in the town of Summerville is most important and sometimes that means new development, despite what some people might think.
Some businesses located in the heart of Summerville, like Eva’s Restaurant, think change is about time.
“If we don’t have growth, we don’t have a future,” general manager Tina Howard said.
Eva’s Restaurant has been serving the town since 1944. With the proposed development, Howard says she’s not worried about competition.
“I think it would benefit us as a small business with, you know, bringing in tourists,” Howard said. “...I don’t feel it would hurt us personally because we have such a strong, established business.”
Diane Frankenberger, the owner of People, Places & Quilts, says she’s watched Summerville grow for over 30 years. She says with the old post office as the new public works art center, the old Coca-Cola company as the new YMCA and an old hardware store as her own business, she believes both the county and town councils prioritize preservation.
“You have to go forward with the future,” Frankenberger said. “We still can’t have the same houses around here and the old town hall and no computers and blah blah blah. And so, it’s keeping a sense of place, but moving forward with an eye towards the future.”
The county has already approved plans to preserve part of the county building, which once was the old hospital, and improve the current Veteran’s monument.
“I think when people are calling names or say, ‘Don’t do something,’ let’s wait and see and work together and make the best use of what we’ve got there,” Frankenberger said.
Howard says she wants her 6-year-old grandson to be able to experience a flourishing Summerville, just like she has all her life.
“A lot of people complain about the growth and ‘People will stop coming here, we’re full, don’t come here,’” Howard said. “Without growth, we don’t have a future. The future is growth.”
Frankenberger says she’s ready to move forward.
“No more gas on the fire,” Frankenberger said. “Let’s put water on the fire.”
Dorchester County provided the following statement about the proposed plan:
Dorchester County is looking forward to having greater capacity and flexibility to complete the following projects from fee revenues of the redevelopment:
Funding to preserve the façade of the old hospital building.
A new civic park and improvements to the Veterans Memorial.
An additional $8 Million in funding to DD2 schools to supplement $2 Million from the TIF.
Provide $20 Million in funding for a Community Recreation Facility in the Summerville area.
Provide $2 Million in additional funding for streetscaping and improvements to Main Street and Cedar Street.
Provide credits for workforce housing for teachers, firefighters, law enforcement, and first responders within the multi-family development for at least 15 years.
A modern County office building and additional Class A Office Space in the downtown area.
A new downtown hotel and restaurant to provide much-needed retail and hospitality amenities in the downtown area.
Create additional parking by providing for the construction of a parking garage in the downtown area.
Copyright 2023 WCSC. All rights reserved.
Charleston gained one restaurant and lost another during the past few days while two new dining venues are coming to the S...
Charleston Hospitality Group opened Republic of Pizza at 451 King St. on May 31 next door to sister restaurant Toast! on King. Salad-server Verde at 347 King closed its doors on May 26.
The pizzeria is the group’s 11th property in South Carolina, joining several Toast! All Day locations, Queology, Eli’s Table, John King Grill & Bar and Honkytonk.
The new restaurant offers appetizers, small plates, salads and Neapolitan-style wood-fired pizzas. It’s open from 3 p.m. until midnight daily. Beer, wine, cocktails as well as cappuccino and espresso drinks also are available.
A second pizza location is planned for Savannah later this year, according to Eric Parker, chief operating officer.
A couple of blocks north of the pizzeria, a restaurant that launched a dozen years ago shuttered its flagship venue.
Verde closed after the owners decided not to renew their lease, according to a Facebook post. The owners hinted that they might not go away completely from the peninsula.
“We will continue to focus on our smaller footprint locations (keep your eyes peeled downtown),” according to the posting.
Verde has other restaurants on Coleman Boulevard and Long Point Road in Mount Pleasant and on Magnolia Road in West Ashley. It also offers On the Go locations at Charleston International Airport and the Medical University of South Carolina.
Another restaurant tenant has signed onto a new retail development near Summerville.
Mexican venture Catrinas recently leased 4,567 square feet in the One Nexton development at One Nexton Boulevard off Nexton Parkway. The site will be anchored by Publix supermarket.
Hannah Kamba and Brent Case of Coldwell Banker Commercial Atlantic represented the tenant. Jeff Yurfest of The Shopping Center Group represented the landlord, C4 Nexton PLX LLC, an affiliate of Charlotte-based developer Crosland Southeast, which bought the 24-acre site in 2021 for $12 million.
Sweet shop Dulce and Woodhaven Pizza recently signed leases in One Nexton as well.
Also in the works is a new restaurant venture in Summerville by the owners of a nearby dining venue.
Ginny and Chris VanZile, who own Lowcountry Fish Camp at 903 Central Ave., will open a pub-style diner called Lowcountry Public House at 1426 Central Ave. by late summer. It’s the former location of Ledyard Bar B Que Co.
A clothing retailer with stores in several major U.S. cities and abroad is coming to downtown Charleston.
Reformation plans to open in the summer in the 3,000-square-foot space vacated by retailer Steve Madden earlier this year at 287 King St., according to Wade Allen, president of the commercial real estate firm Lee & Associates, which handled the lease for the landlord.
The Los Angeles-based retailer’s website shows it is looking for a store manager in Charleston. Interior renovation is underway.
In addition to its home base, the company has shops in Atlanta, Austin, Boston, Chicago, Dallas, Houston, Honolulu, Miami, New York, San Diego, San Francisco, Seattle and sites outside the U.S. in Toronto and London.
A company representative did not immediately respond for comment.
A downtown Charleston restaurant plans to add a sipping lounge and private salon where an ice cream shop once operated.
Felix Cocktails et Cuisine at 550 King St. will add La Cave at Felix later this year in the 1,650-square-foot space left vacant in February when Odd Fellows Ice Cream Shop closed after 15 months in business.
A new brewery is inching closer to opening in the Charleston area.
High Score Brewing Co. recently applied for a state license to sell beer and wine for on-site use at 8210 Windsor Hill Blvd. near Ashley Phosphate Road in North Charleston.
Last fall, the brewery leased 5,000 square feet with a target of opening this summer. The new business also will offer arcade games and consoles from the 1970s through the 1990s.
It’s still in the construction phase but look for an opening by late summer, according to a company representative.
SUMMERVILLE, S.C. (WCSC) - Enrollment is officially open for interested parents and families to sign up for a new private preschool opening up in the summer of 2024.Goddard Schools Summerville is a unique program focused on behavioral health and well-being through play and inquiry-based training.“Our mission is kindergarten readiness for all of our students,” Goddard Schools Summerville Co-owner Amy Strickland said. “And we serve families with little ones from 6 weeks up til right before kindergarten starts.&r...
SUMMERVILLE, S.C. (WCSC) - Enrollment is officially open for interested parents and families to sign up for a new private preschool opening up in the summer of 2024.
Goddard Schools Summerville is a unique program focused on behavioral health and well-being through play and inquiry-based training.
“Our mission is kindergarten readiness for all of our students,” Goddard Schools Summerville Co-owner Amy Strickland said. “And we serve families with little ones from 6 weeks up til right before kindergarten starts.”
The curriculum gives kids a chance to learn their own way by using their senses and minds to make early education more engaging and exciting.
“It empowers children to find their voices, ask questions,” Strickland said.
There are hundreds of these programs across the nation, Nexton’s new location being the eighth in South Carolina.
Tuition will vary depending on the age of your children, how many you hope to enroll and what schedules you would prefer.
The school needs final approval before it can begin building the facility. Officials hope to start construction next week.
The school will be located in a developing shopping center on Nexton Parkway and Brighton Park Boulevard.
The area is being built up and occupied by young families.
Some tell me that’s why it is the perfect spot.
One local parent with a former Goddard student says it’s been hard for young families to find childcare resources in the area.
“The Charleston childcare scene is absolutely in a deficit, we really need more and more,” Parent Katie Olejniczak said. “I know a lot of families there that desperately need daycare or desperately need an early childhood development program. And these waitlists are absolutely absurd.”
Olejniczak says the program made a remarkable impact on her daughter’s lifestyle.
“Cam in general loves being around people, loves playing, and she was just in such a positive environment.”
Strickland says it’s the most fulfilling experience she’s had.
“To be able to send 40 kids year after year to kindergarten not scared, not anxious, but happy and confident and ready to take on the world and so excited about school,” Strickland said. If they’re excited about school when they start kindergarten, that really maintains.”
Owners hope to kickstart an office space so that interested families can meet in person and ask questions.
For now, if you’re interested in joining the program as family or staff, you can find out more here.
Copyright 2023 WCSC. All rights reserved.
Summerville’s 2023 offensive football team has many weapons. But senior receiver Yannick Smith is the “straw that stirs the drink” for the Green Wave and head coach Ian Rafferty.Summerville’s offensive weapons were on full display in Friday night’s 62-27 win over long-time rival Berkeley as the Green Wave improved to 2-0.Summerville has a quality trigger man in junior quarterback Jaden Cummings, who passed for 271 yards and three touchdowns in the win over Berkeley. The running back tandem of senio...
Summerville’s 2023 offensive football team has many weapons. But senior receiver Yannick Smith is the “straw that stirs the drink” for the Green Wave and head coach Ian Rafferty.
Summerville’s offensive weapons were on full display in Friday night’s 62-27 win over long-time rival Berkeley as the Green Wave improved to 2-0.
Summerville has a quality trigger man in junior quarterback Jaden Cummings, who passed for 271 yards and three touchdowns in the win over Berkeley. The running back tandem of senior Trae Green and junior Ashton Allen-Hawkins combined for three rushing touchdowns.
Cummings has a bevy of targets in the passing game, including Quintrelle “Pickle” Pettiford, Keshawn Washington and Sheldon Glenn.
Then there’s Smith. The 6-3 playmaker, an East Carolina commit, is one of the state’s best players and his multiple talents were on full display against Berkeley.
In just the first half (a 35-6 lead for Summerville), Smith caught touchdown passes of 45 and 33 yards. He also ran for scores of 11 and 47 yards when employed as the wildcat quarterback.
Smith has accounted for six touchdowns in the first two games. He finished Friday night with 110 receiving yards, 60 rushing yards and 94 yards on kick and punt returns.
And, because he commands so much attention, Summerville’s other receivers benefit. Pettiford had six catches for 83 yards against Berkeley and Glenn had a touchdown reception.
“We can do so much with him,” Rafferty said of Smith. “We got into a little rut (offensively) and I told our offensive coaches ‘Hey, we gotta get 3 the ball.’ He can do so many things. He’s the ultimate competitor. He tries to score every time he has the ball. We’re glad to have him.”
• Northwood Academy improved to 3-0 with a 40-12 win at Thomas Heyward. QB Austyn Grady passed for 284 yards and two scores while Jeremiah Singleton had 172 yards and three touchdowns on the ground. Gabe Roper had 15 tackles, including six for loss.
• Cane Bay held off West Ashley, 19-14, in a defensive battle to move to 2-1. The Cobras got a 50-yard touchdown pass from Mark Stewart to Braylon Green for the winning score. West Ashley fell to 2-1.
• Quarterback Edward Reidenbach scored a late touchdown to lead Oceanside Collegiate to a 14-13 road win at Carolina Forest. Reidenbach’s score capped a 99-yard scoring drive over the final 6:30 of the game.
• Fort Dorchester traveled to Atlanta but came home with a 41-0 loss to Georgia powerhouse Grayson High. Sophomore Ryan Campbell had 71 yards rushing and senior Davian Brown added 62 yards rushing.
• Nolen Shuman threw for 81 yards and one touchdown while adding 71 yards rushing and two scores in Porter-Gaud’s 49-0 win over Camden Military. The 3-0 Cyclones also got 87 yards rushing and a score from JJ Fludd.
• Philip Simmons improved to 3-0 with a 48-13 road win at Georgetown. KJ Asbury rushed for 118 yards and three touchdowns and Sharod Williams added 100 yards rushing and two touchdowns. Quarterback Tavien Orellana tossed two touchdown passes.
• Wando picked up a 55-0 shutout of Stall for its first win. Reggie Grant had three rushing touchdowns and Zach Osthoff added two passing scores for the Warriors. Wando led by 46-0 at the half.
• James Island rolled over neighbor First Baptist, 64-0. The Trojans’ defense tallied 17 tackles for loss with five sacks and a blocked punt. Jayden Whaley returned an interception for a touchdown. Amontrae Scott and Junior Maxwell each scored two rushing touchdowns for James Island.