The Best Mortgage Lenders in Cross, SC
Compare verified mortgage lenders serving Cross, South Carolina. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Cross
Featured Mortgage Lenders
Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a highly-rated lender headquartered in South Carolina, renowned for its competitive rates and exceptional customer service. With deep roots in the state, they specialize in a wide range of loan products and have a strong track record of reliability, community involvement, and fast processing times. They actively serve the Cross area through local loan officers and online services, making them a top choice for homebuyers in Berkeley County.
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Atlantic Bay Mortgage Group
Atlantic Bay Mortgage Group, LLC
Atlantic Bay Mortgage Group is a regional leader with over two decades of experience, known for personalized service and a comprehensive suite of mortgage options. They have a strong presence in the Charleston metropolitan area, including Cross, and are praised for their knowledgeable loan officers, competitive rates, and efficient closing processes. Their commitment to customer satisfaction and local community support makes them a trusted lender in South Carolina.
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State Farm Bank
State Farm Bank, F.S.B.
State Farm Bank leverages the trusted State Farm brand to offer reliable mortgage products with competitive rates and excellent customer service. They have a robust network of local agents in South Carolina, including those serving the Cross area, and are known for their seamless integration of insurance and banking services. With a focus on transparency and support throughout the loan process, they provide a dependable option for home financing in the region.
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Frequently Asked Questions
Common questions about mortgage lending in Cross, SC
What are the typical down payment requirements for homes in Cross, SC, and are there local programs to assist?
In Cross, typical down payments range from 3% for conventional loans to 3.5% for FHA loans. For eligible buyers, the SC State Housing Finance and Development Authority (SC Housing) offers down payment assistance programs, such as the Palmetto Home Advantage, which can provide up to $8,500 in forgivable assistance. This is particularly valuable in Berkeley County, where median home prices are accessible but saving for a down payment can still be a hurdle.
How does living in a rural area like Cross, SC, affect my mortgage options?
Cross is designated as a rural area by the USDA, making many homes in and around the town eligible for USDA Rural Development loans. These loans offer 100% financing (no down payment), competitive interest rates, and more flexible credit guidelines. This is a major advantage for qualifying buyers looking at the many single-family homes on larger lots in the Cross area.
Are property taxes and insurance costs in Cross, SC, factored differently into my mortgage?
Yes, lenders will calculate your escrow payments based on Berkeley County's specific rates. Property taxes in Berkeley County are relatively moderate, and homeowners insurance can be influenced by the area's rural nature and proximity to flood zones. Your lender will use local tax assessment data and may require a separate flood insurance policy if your property is in a designated flood zone, which is common in parts of the Lowcountry.
What should first-time homebuyers in Cross know about local market conditions when getting pre-approved?
The Cross market is less competitive than nearby Charleston, but homes still move steadily. Getting a strong pre-approval from a lender familiar with the area is crucial to act quickly when you find a property. Be aware that many homes are older or may need well and septic inspections, which can be a condition of certain government-backed loans like FHA or USDA.
Are there any special mortgage considerations for buying manufactured or modular homes in Cross?
Yes, this is a common consideration in Cross. Financing for manufactured homes is available through FHA, VA, and USDA loans if the home is permanently affixed to a foundation and meets specific requirements. You'll need to work with a lender experienced in this type of financing, as not all lenders offer loans for manufactured homes. The home must also be on land you own or are purchasing.
Why Choose a Mortgage Lender in Cross?
Local Market Knowledge
Lenders who understand Cross'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 Cross and get competitive rates on your home loan.