The Best Mortgage Lenders in Greer, SC
Compare verified mortgage lenders serving Greer, South Carolina. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Greer
Featured Mortgage Lenders
Casey Fleming
Movement Mortgage
Movement Mortgage is a top-rated national lender with strong South Carolina roots, consistently ranked among the best mortgage lenders in the Upstate region. Casey Fleming's team specializes in serving Greer and surrounding communities with exceptional customer service and competitive rates. They offer a streamlined digital process with local expertise, making them particularly strong for first-time homebuyers and military families with their VA loan expertise. Their 24/7 availability and commitment to closing on time have earned them numerous industry awards and outstanding customer reviews.
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SC Federal Credit Union Mortgage Department
SC Federal Credit Union
SC Federal Credit Union has been serving the Upstate South Carolina community for over six decades, with multiple branches conveniently located near Greer. As a member-owned financial institution, they offer highly competitive rates and personalized service that often outperforms larger banks. Their mortgage team provides comprehensive guidance through the entire homebuying process, with particular expertise in construction loans and first-time homebuyer programs. Members consistently praise their responsive communication and local decision-making authority, which streamlines the approval process.
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The Mortgage Firm of the Upstate
The Mortgage Firm
The Mortgage Firm has built an outstanding reputation throughout the Upstate region with over two decades of dedicated service to Greer and surrounding communities. As a local mortgage brokerage, they leverage relationships with multiple lenders to secure the best possible terms for each client's unique situation. Their team excels at handling complex financing scenarios, including investment properties and renovation loans, while maintaining transparent communication throughout the process. Customers consistently highlight their expertise in navigating challenging market conditions and their commitment to finding creative solutions for difficult-to-place loans.
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Frequently Asked Questions
Common questions about mortgage lending in Greer, SC
Are there any first-time homebuyer assistance programs specific to Greer, SC?
Yes, Greer homebuyers can access statewide programs like SC Housing's Palmetto Home Advantage, which offers down payment assistance and competitive interest rates. Additionally, local lenders often have knowledge of regional grants or community initiatives tailored for the Greenville County area, including Greer, which can help with closing costs.
How do property taxes in Greer, SC, affect my monthly mortgage payment?
Greer is located in Greenville County, which has relatively moderate property tax rates compared to national averages. Your lender will calculate an escrow payment based on the specific millage rates for the City of Greer and Greenville County, which are currently competitive, helping to keep your total monthly payment manageable.
What is a typical down payment percentage needed for a mortgage in Greer's competitive housing market?
While 20% is ideal to avoid private mortgage insurance (PMI), many buyers in Greer successfully purchase with 3-5% down using conventional loans or 3.5% with an FHA loan. Given the market's competitiveness, a strong pre-approval and flexible down payment can be crucial for winning bids in desirable areas like downtown Greer or near the BMW plant.
Are there specific mortgage considerations for buying a home in a Greer flood zone, given its proximity to rivers and creeks?
Absolutely. Lenders will require a flood elevation certificate and mandatory flood insurance for homes in designated Special Flood Hazard Areas (SFHAs), such as near the Enoree River or Richland Creek. This insurance is an additional monthly cost that must be factored into your mortgage qualification and budget.
How does Greer's strong job market, particularly with major employers like BMW, influence mortgage lending?
Stable employment with major local employers is viewed favorably by lenders and can support stronger debt-to-income ratios. Some local credit unions or banks may even offer special mortgage programs or discounts for employees of these major corporations, recognizing the stability of the local economy.
Why Choose a Mortgage Lender in Greer?
Local Market Knowledge
Lenders who understand Greer'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 Greer and get competitive rates on your home loan.