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Edgemoor, SC

The Best Mortgage Lenders in Edgemoor, SC

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

3
Top Lenders
4.4
Avg Rating
470+
Reviews
9
Loan Types

Available Loan Programs in Edgemoor

Conventional
FHA
VA
USDA
Jumbo
Refinance
First-time Homebuyer Programs
Home Equity
Construction

Featured Mortgage Lenders

1

Mr. Cooper (formerly Nationstar Mortgage)

Mr. Cooper

★★★★☆
4.2/5

Mr. Cooper is one of the nation's largest mortgage servicers with a strong presence in South Carolina markets. They offer competitive rates and a streamlined digital mortgage process while maintaining local expertise for Edgemoor area homebuyers. Their high customer satisfaction ratings stem from responsive service, multiple loan options, and user-friendly technology that simplifies the mortgage application and management process.

Experience:15 years
Reviews:12 customer reviews
8950 Cypress Waters Blvd, Dallas, TX 75019 (serves Edgemoor, SC area)

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

Movement Mortgage

Movement Mortgage, LLC

★★★★☆
4.5/5

Founded in Charlotte just across the state line, Movement Mortgage has deep roots in the Carolinas and is particularly strong in serving South Carolina communities like Edgemoor. They're renowned for their "On-Time Closing Guarantee" and exceptional customer service ratings. Their local loan officers understand the specific market dynamics of the Edgemoor area and surrounding York County region.

Experience:14 years
Reviews:8 customer reviews
2115 Water Ridge Parkway, Charlotte, NC 28217 (serves entire SC region including Edgemoor)

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceFirst-time Homebuyer Programs
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3

Founders Federal Credit Union

Founders Federal Credit Union

★★★★☆
4.4/5

As one of South Carolina's largest credit unions, Founders FCU has been serving the Edgemoor community and surrounding areas for decades. They offer highly competitive mortgage rates to members, personalized local service, and deep understanding of the regional housing market. Their member-focused approach and community banking philosophy make them a top choice for Edgemoor residents seeking traditional, relationship-based mortgage lending.

Experience:70+ years
Reviews:450 customer reviews
630 E. Liberty Street, Lancaster, SC 29720 (multiple branches serving York County including Edgemoor area)

Loan Types:

ConventionalFHAVAUSDAHome EquityConstructionRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Edgemoor, SC

What are the typical down payment requirements for homes in Edgemoor, SC?

For most conventional loans in Edgemoor, a 5-10% down payment is common, though some lenders may require 3% for qualified buyers. Given the area's relatively affordable home prices compared to larger metros, local credit unions and banks often work with buyers on flexible down payment structures. It's also worth exploring SC Housing programs which can offer down payment assistance to eligible buyers in Chester County.

Are there any first-time homebuyer programs specifically beneficial for Edgemoor residents?

Yes, the SC Housing Homebuyer Program is a key resource, offering competitive fixed-rate mortgages and down payment assistance through forgivable second mortgages. Additionally, Chester County may have local initiatives or grants; checking with the Chester County Economic Development office is recommended. These programs are particularly valuable in Edgemoor where they can significantly lower the barrier to entry for first-time buyers.

How do property taxes in Chester County impact my mortgage payments in Edgemoor?

Chester County has relatively moderate property tax rates, which is a positive for your monthly mortgage escrow payment. The current millage rate for county operations is set annually, and when combined with school district taxes, it typically results in an effective tax rate that is lower than the national average. Your lender will calculate these into your monthly payment, but overall, property taxes are a manageable component of homeownership costs in the Edgemoor area.

What should I know about getting a mortgage for a manufactured or modular home in Edgemoor?

Financing for manufactured homes in Edgemoor is available but has specific requirements. The home must be permanently affixed to a foundation and classified as real property, not personal property. Local lenders familiar with Chester County are experienced with these transactions and can guide you through the process, which often involves FHA, VA, or USDA loans if the home and land are purchased together.

Does Edgemoor's location near the Catawba River or flood zones affect the mortgage process?

Yes, it can. Lenders will require a flood zone determination for many properties in Edgemoor due to its proximity to the Catawba River and other waterways. If the home is in a Special Flood Hazard Area (SFHA), you will be required to purchase flood insurance as a condition of the mortgage. This is a crucial and mandatory cost to factor into your overall budget when buying in certain parts of the community.

Mortgage Insights

Finding Your Perfect Mortgage Match in Edgemoor, SC

Searching for the "best mortgage lenders near me" is more than just comparing rates online. For homebuyers in Edgemoor, South Carolina, it's about finding a financial partner who understands our unique market—a blend of rural charm, growing appeal, and proximity to the Charlotte metro area. The right local lender can make all the difference in navigating this landscape successfully.

In Edgemoor, the housing market offers a compelling value proposition compared to nearby urban centers. You might find more square footage or land for your budget, but this also means properties can be more unique, from historic homes to newer constructions on larger lots. A lender familiar with the York County area will be better equipped to appraise these properties accurately and avoid hiccups in the valuation process. They understand the local tax structures and how the peaceful Edgemoor lifestyle factors into long-term value.

Your search should start with a mix of local and regional lenders. Don't overlook a community bank or credit union with deep roots in the area, like those in nearby Rock Hill or Chester. These institutions often provide personalized service and may have more flexibility. Simultaneously, explore lenders in the broader Charlotte region who are licensed in South Carolina and frequently work with buyers in our border communities. They bring a wide array of loan products to the table.

Crucially, ask every lender you consider about state-specific homebuyer programs. South Carolina offers fantastic resources that can provide a competitive edge. The SC State Housing Finance and Development Authority (SC Housing) offers down payment assistance, competitive first mortgage rates, and tax credits for eligible buyers. A lender experienced with these programs can seamlessly integrate them into your loan, potentially saving you thousands upfront and over the life of your loan. This is a key question that separates a generic lender from a true local expert.

Here is your actionable plan: First, get pre-approved by at least two or three different types of lenders (e.g., a local credit union, a regional mortgage company, and a direct online lender). This gives you a clear budget and negotiating power. Second, in every conversation, specifically ask: "What is your experience with loans in York County, and can you guide me through SC Housing's first-time homebuyer programs?" Their answer will tell you volumes. Finally, read local reviews and ask your real estate agent for referrals. Agents in the Edgemoor area work with lenders constantly and know who delivers on their promises.

The best mortgage lender for you in Edgemoor is one who sees beyond the numbers to the life you're building here. By prioritizing local expertise and state-specific advantages, you'll secure not just a house key, but a financially sound foundation for your Lowcountry living.

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Why Choose a Mortgage Lender in Edgemoor?

Local Market Knowledge

Lenders who understand Edgemoor'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 Edgemoor and get competitive rates on your home loan.