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Ballentine, SC

The Best Mortgage Lenders in Ballentine, SC

Compare verified mortgage lenders serving Ballentine, South Carolina. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.8
Avg Rating
925+
Reviews
11
Loan Types

Available Loan Programs in Ballentine

Conventional
FHA
VA
USDA
Jumbo
Refinance
Construction
First-time Homebuyer
Home Equity
Construction-to-Permanent
Investment Properties

Featured Mortgage Lenders

1

Carolina Heritage Mortgage

Carolina Heritage Mortgage

★★★★☆
4.9/5

Carolina Heritage Mortgage is a highly-rated local mortgage broker serving the Ballentine area with exceptional customer satisfaction. As a family-owned business operating for over two decades, they specialize in personalized service and competitive rates. Their team of experienced loan officers provides comprehensive guidance through the entire mortgage process, with particular expertise in first-time homebuyer programs and VA loans. The company maintains a 4.9-star rating across multiple review platforms with consistent praise for their responsiveness, transparency, and ability to close loans efficiently.

Experience:25 years
Reviews:175 customer reviews
108 Columbia Northeast Drive, Irmo, SC 29063

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceConstructionFirst-time Homebuyer
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2

First Citizens Bank Mortgage

First Citizens Bank

★★★★☆
4.7/5

First Citizens Bank has a strong physical presence in the Ballentine area with multiple nearby branches and a dedicated mortgage team. As one of the largest regional banks serving South Carolina, they offer the stability of a 125-year-old institution with local decision-making authority. Their mortgage division provides competitive rates and a wide range of loan products, including specialized construction loans popular in the growing Ballentine market. Customers consistently rate them highly for their professional service, local market knowledge, and streamlined application process.

Experience:125 years (bank), 30+ years (mortgage division)
Reviews:300 customer reviews
10136 Broad River Road, Irmo, SC 29063

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceHome EquityConstruction-to-Permanent
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3

Movement Mortgage

Movement Mortgage, LLC

★★★★☆
4.8/5

Movement Mortgage, founded in South Carolina, has grown into a national lender while maintaining strong roots in the Columbia metro area including Ballentine. They are particularly renowned for their efficient processing and "Movement Promise" which guarantees on-time closings. With local loan officers who understand the Ballentine real estate market, they offer competitive rates and exceptional customer service. Their 4.8-star rating reflects consistent satisfaction with their communication, speed, and expertise across all loan types, especially for VA and conventional mortgages.

Experience:15 years
Reviews:450 customer reviews
1301 Gervais Street, Suite 400, Columbia, SC 29201

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceFirst-time HomebuyerInvestment Properties
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Frequently Asked Questions

Common questions about mortgage lending in Ballentine, SC

What are the current mortgage rates like in Ballentine, SC, and how do they compare to state or national averages?

Mortgage rates in Ballentine are generally competitive with national averages but can be slightly influenced by local lender competition and South Carolina's overall market. As of recent trends, rates in the Columbia metro area, which includes Ballentine, often run very close to the national average. It's advisable to compare offers from both local community banks and larger regional lenders serving the Irmo/Ballentine area for the best terms.

Are there any down payment assistance programs specifically for buyers in Ballentine or Richland County?

While there are no programs exclusive to Ballentine, homebuyers can access several South Carolina State Housing Finance and Development Authority (SC Housing) programs, which are available statewide. These include the Palmetto Home Advantage program with down payment assistance and the SC Mortgage Tax Credit program. Eligibility often depends on income limits and purchasing a home within certain price caps, which are manageable for many Ballentine properties.

How does Ballentine's location in the Lake Murray area affect property insurance requirements for a mortgage?

Due to Ballentine's proximity to Lake Murray and other water bodies, lenders will typically require a standard homeowner's insurance policy. While flood insurance is not universally mandated, specific properties in designated flood zones near creeks or the lake will require a separate flood policy. Your lender will order a flood zone determination as part of the mortgage process to confirm this requirement, which can impact your monthly escrow payment.

What should I know about property taxes in Ballentine when calculating my total monthly mortgage payment?

Ballentine is in Richland County, which has its own millage rate for property taxes. Property taxes here are generally considered moderate for the region. When getting pre-approved, your lender will estimate these taxes based on the home's purchase price and include them in your monthly escrow payment calculation. It's important to note that taxes can be reassessed after a sale, so your initial estimate may adjust slightly after closing.

As a first-time homebuyer looking in Ballentine, what type of loan is most common for the area's single-family homes?

Conventional loans and FHA loans are both very common in Ballentine's market, which features a mix of newer subdivisions and established homes. For well-qualified buyers, conventional loans are popular due to competitive rates and the ability to avoid FHA's upfront mortgage insurance premium. However, FHA loans, with their lower down payment requirements (as low as 3.5%), are an excellent tool for first-time buyers entering this desirable school district and community.

Mortgage Insights

Finding Your Perfect Partner: Why a Local Mortgage Agent is Key to Buying in Ballentine

Searching for "mortgage agents near me" is one of the smartest first steps you can take as a prospective homebuyer in Ballentine, South Carolina. While online lenders are plentiful, partnering with a local mortgage professional offers distinct advantages that are especially valuable in our specific market. Ballentine’s appeal, with its excellent schools, community feel, and proximity to Lake Murray and Columbia, creates a competitive housing environment. A local agent doesn't just process paperwork; they become your strategic guide through this landscape.

A mortgage agent based in the Midlands understands the nuances of appraisals in our area. They know how proximity to the lake or within the sought-after Lexington-Richland School District 5 can impact a home's value, ensuring your loan process aligns with local real estate realities. They also have established relationships with Ballentine and Columbia-area realtors, title companies, and home inspectors. This network can streamline your purchase, helping you navigate timelines and potentially giving your offer a competitive edge in a multiple-bid situation—a scenario not uncommon in our growing community.

From a state-wide perspective, South Carolina offers several programs that a knowledgeable local agent can help you access. The SC State Housing Finance and Development Authority (SC Housing) provides first-time homebuyer programs with competitive interest rates and down payment assistance. An agent familiar with these programs can clarify eligibility, which can include income limits and property location requirements, and seamlessly integrate them into your loan application. They’ll also be well-versed in the property tax nuances and homeowners insurance considerations unique to South Carolina.

Your actionable plan starts with looking beyond the search term. When evaluating "mortgage agents near me," prioritize those who actively work in the Ballentine area. In initial consultations, ask specific questions: "How many loans have you closed in Lexington County recently?" "Can you explain how SC Housing's down payment assistance might work for a buyer in Ballentine?" "What are common appraisal challenges in this market?" Their answers will reveal their local expertise.

Don't just compare interest rates; compare service, communication style, and local knowledge. A great local agent will educate you on the total cost of homeownership in our area, from estimated property taxes to potential HOA fees in Ballentine's newer subdivisions. They can demystify the process, from pre-approval—making you a serious buyer—to closing at a title company right here in the Midlands.

Ultimately, buying a home in Ballentine is about investing in a lifestyle. Your mortgage agent should be a partner who understands that goal, providing not just a loan, but the local insight and support to help you secure your place in this wonderful community. Start your search locally, ask the right questions, and you'll find a professional who can turn your Ballentine home dream into a well-executed reality.

Nearby Cities

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Why Choose a Mortgage Lender in Ballentine?

Local Market Knowledge

Lenders who understand Ballentine's housing market can offer better guidance and competitive rates.

Multiple Loan Options

Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.

Proven Track Record

Work with lenders who have years of experience and hundreds of satisfied customers in South Carolina.

Ready to Find Your Perfect Mortgage Lender?

Connect with top-rated mortgage professionals in Ballentine and get competitive rates on your home loan.