The Best Mortgage Lenders in Chesterfield, SC
Compare verified mortgage lenders serving Chesterfield, South Carolina. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Chesterfield
Featured Mortgage Lenders
Casey Fleming
Movement Mortgage
Movement Mortgage is one of the top-rated mortgage lenders serving the Carolinas region with exceptional customer satisfaction ratings. Founded in Charlotte, NC, they have deep roots in the Carolinas market and specialize in serving both urban and rural communities like Chesterfield. Their loan officers receive consistently high marks for communication, competitive rates, and expertise with various loan programs including USDA rural development loans that are particularly relevant for Chesterfield County. The company is known for efficient processing and closing timelines, with many customers praising their ability to handle complex scenarios while maintaining excellent service.
Loan Types:
South State Bank Mortgage Division
South State Bank
South State Bank has been serving South Carolina communities for over 90 years with a strong presence throughout the Pee Dee region. As a regional bank headquartered in South Carolina, they have extensive experience with local real estate markets and offer personalized mortgage services. Their mortgage division receives high marks for competitive rates, local underwriting, and relationship-based lending. They have multiple branches within reasonable distance of Chesterfield and are particularly strong with construction loans and first-time homebuyer programs. Customers consistently praise their knowledgeable loan officers and the convenience of working with a local bank that understands the specific needs of South Carolina homeowners.
Loan Types:
Founders Federal Credit Union Mortgage Department
Founders Federal Credit Union
Founders Federal Credit Union has been serving the Carolina communities for seven decades with a strong focus on member service and competitive mortgage products. They have multiple locations throughout the region and specifically serve Chesterfield County residents. As a credit union, they typically offer lower rates and fees than traditional banks, with particular strength in first-time homebuyer programs and VA loans. Their mortgage department receives exceptional reviews for personalized service, local decision-making, and educational approach to the homebuying process. Members consistently report smooth closing experiences and appreciate the credit union's commitment to community development throughout South Carolina.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Chesterfield, SC
Are there any first-time homebuyer assistance programs specific to Chesterfield, SC?
While there are no programs exclusive to Chesterfield, South Carolina's State Housing Finance and Development Authority (SC Housing) offers statewide programs like Palmetto Home Advantage and Mortgage Credit Certificates that are widely used here. These provide down payment assistance and federal tax credits, which are particularly valuable in Chesterfield's affordable market to help cover closing costs and reduce monthly payments.
How do property taxes in Chesterfield County impact my mortgage payments and affordability?
Chesterfield County has relatively low property tax rates, which is a significant advantage for mortgage affordability. The county's millage rate is typically below the state average, meaning your escrow payment for taxes will be lower, allowing you to potentially qualify for a larger mortgage loan amount or enjoy lower overall monthly housing costs compared to many other areas in South Carolina.
What types of properties in Chesterfield might require specialized mortgage loans?
Given Chesterfield's rural setting and large lots, you may encounter properties with acreage, manufactured homes on permanent foundations, or older historic homes in the downtown area. These can sometimes require specialized appraisals or loan products like USDA Rural Development loans (which are widely available here) or renovation loans like the FHA 203(k) for older homes needing updates.
How does Chesterfield's housing market affect appraisal values and mortgage approvals?
Chesterfield's market features a mix of very affordable existing homes and limited new construction, with prices generally below state and national averages. Appraisals can sometimes be challenging for unique or rural properties due to fewer comparable sales ("comps"). Working with a local lender familiar with the Chesterfield County market can help ensure the appraisal process accounts for accurate local valuations.
Are USDA loans a common and good option for mortgages in Chesterfield, SC?
Yes, USDA Rural Development loans are extremely relevant and popular in Chesterfield due to the county's eligible rural designation. These loans offer 100% financing (no down payment) for qualified buyers, which is ideal for the area's moderate-income households. Most properties outside the town limits of Chesterfield qualify, making this a key program for homebuyers in the county.
Why Choose a Mortgage Lender in Chesterfield?
Local Market Knowledge
Lenders who understand Chesterfield'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 Chesterfield and get competitive rates on your home loan.