The Best Mortgage Lenders in Hampton, SC
Compare verified mortgage lenders serving Hampton, South Carolina. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Hampton
Featured Mortgage Lenders
Guild Mortgage Company
Guild Mortgage Company - Columbia Branch
Guild Mortgage has been serving South Carolina homeowners for decades with exceptional customer service and a wide range of loan products. Their Columbia branch serves the Hampton area with personalized mortgage solutions and competitive rates. They're particularly noted for their expertise in government-backed loans and first-time homebuyer programs, with loan officers who understand the rural and suburban markets of South Carolina.
Loan Types:
Movement Mortgage
Movement Mortgage, LLC
As one of the largest mortgage lenders in the Southeast, Movement Mortgage has extensive experience serving South Carolina communities including Hampton. They're renowned for their streamlined digital mortgage process and quick closing times, typically within 30 days. Their strong community involvement and competitive rates make them a top choice for Hampton area homebuyers seeking both conventional and government-backed loans.
Loan Types:
First Citizens Bank
First Citizens Bank Mortgage
First Citizens Bank has deep roots in South Carolina with multiple branches serving the Hampton area. Their mortgage division offers comprehensive lending solutions with the stability of a well-established financial institution. They excel at construction loans and rural property financing, making them particularly suitable for Hampton's market. Their local loan officers provide personalized service with the backing of a major regional bank.
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Frequently Asked Questions
Common questions about mortgage lending in Hampton, SC
Are there any special first-time homebuyer programs available specifically for Hampton, SC residents?
Yes, the South Carolina State Housing Finance and Development Authority (SC Housing) offers several statewide programs that are accessible to Hampton homebuyers, including down payment assistance and favorable loan terms. Additionally, some local lenders may have partnerships or specific knowledge of programs tailored for rural areas like Hampton County, which can offer competitive advantages for qualifying buyers.
How do property taxes in Hampton, SC, impact my monthly mortgage payment?
Hampton County has relatively low property tax rates compared to national and state averages, which is a significant benefit for your monthly mortgage payment. Your lender will calculate an escrow payment based on the specific tax rate for the property's location, but overall, this lower tax burden makes homeownership more affordable in the Hampton area.
What type of property appraisals are common for homes in Hampton, and are there any unique challenges?
Given Hampton's mix of historic homes, newer subdivisions, and rural properties, appraisals often require appraisers familiar with the local market. Challenges can include finding comparable sales ("comps") for unique or very rural properties. Using a local lender who works with appraisers from the region can help ensure a smooth and accurate valuation process.
Are USDA Rural Development loans a good option for buying a home in Hampton, SC?
Absolutely. Since Hampton is designated as a rural area by the USDA, most of the county qualifies for USDA loans. These loans are highly advantageous as they offer 100% financing (no down payment), competitive interest rates, and more flexible credit guidelines, making them one of the most popular mortgage options for the area.
How does the slower-paced Hampton real estate market affect the mortgage process timeline?
The less frenetic market compared to major cities often allows for a more measured mortgage process, with less pressure from competing cash offers. However, it's still crucial to get pre-approved early. Some local services, like well and septic inspections for rural properties, can add time, so working with a lender experienced in the local timeline is key to setting realistic expectations.
Why Choose a Mortgage Lender in Hampton?
Local Market Knowledge
Lenders who understand Hampton'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 Hampton and get competitive rates on your home loan.