The Best Mortgage Lenders in Hollywood, SC
Compare verified mortgage lenders serving Hollywood, South Carolina. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Hollywood
Featured Mortgage Lenders
Chris Holliday
Movement Mortgage
Movement Mortgage is one of South Carolina's most prominent mortgage lenders headquartered in Fort Mill, with Chris Holliday's Mount Pleasant office serving the Hollywood area extensively. With exceptional 4.9-star ratings across multiple platforms, this team specializes in Lowcountry home financing with deep local market knowledge. Their streamlined process and strong emphasis on customer service have earned them numerous industry awards and thousands of successful closings throughout Charleston County and the surrounding coastal communities.
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John Vetter
The Mortgage Firm Charleston
The Mortgage Firm's Charleston location has been serving the Hollywood and greater Lowcountry area for over two decades with consistently excellent service. John Vetter and his team maintain a 4.8-star rating through their commitment to transparent communication and competitive rates. They're particularly noted for their expertise with coastal property financing, first-time homebuyer programs, and construction loans—all valuable for the Hollywood, SC market. Their local processing and underwriting team ensures smooth transactions from application to closing.
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Mortgage Lending Department
SC Federal Credit Union
SC Federal Credit Union has been serving South Carolina residents since 1953 and maintains a strong presence throughout the Charleston metropolitan area, including Hollywood. With a 4.7-star rating for their mortgage services, they offer competitive rates and personalized service through their local lending team. Their not-for-profit structure often results in lower fees and more flexible underwriting for members. They're particularly strong with construction and lot loans, which are relevant for the developing Hollywood area, and offer special programs for first-time buyers and military families.
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Frequently Asked Questions
Common questions about mortgage lending in Hollywood, SC
What are the typical down payment requirements for homes in Hollywood, SC, and are there local programs to assist with this?
In Hollywood, a conventional loan typically requires 5-20% down, but many local and state programs can help. The South Carolina State Housing Finance and Development Authority (SC Housing) offers down payment assistance and favorable loan terms for eligible buyers in Charleston County. Additionally, some local lenders have relationships with community programs that can provide grants for closing costs, which is crucial in a competitive market.
How does living in a coastal area like Hollywood, SC, affect my mortgage and insurance requirements?
Due to Hollywood's proximity to the coast, lenders will require separate flood insurance in addition to standard homeowners insurance, which can significantly impact your total monthly housing cost. It's essential to get a flood zone determination (typically Zone X or AE) for any property early in the process, as mandatory flood insurance in high-risk zones can add hundreds of dollars to your monthly payment and affect your debt-to-income ratio.
Are there specific mortgage programs beneficial for purchasing rural property or land in Hollywood, SC?
Yes, because Hollywood is considered a rural area by USDA standards, many homebuyers may qualify for a USDA Section 502 Guaranteed Loan, which offers 100% financing (no down payment) for eligible borrowers and properties. This is a significant advantage for buyers looking at the more spacious, rural lots common in the Hollywood area, as it eliminates the largest upfront cost of home buying.
What is the current mortgage rate environment like for Hollywood, SC, and how does it compare to the national average?
Mortgage rates in Hollywood generally align with national averages but can vary slightly based on the lender's local market presence and risk assessment. Currently, rates may be influenced by the demand in the broader Charleston metro area. It's wise to shop around with local credit unions, community banks, and national lenders, as some may offer special programs or discounts for properties in Charleston County.
As a first-time homebuyer in Hollywood, what local resources or homebuyer education courses are available to me?
SC Housing requires first-time homebuyers using its programs to complete a homebuyer education course, which is widely available online or through local HUD-approved counselors in the Charleston area. Furthermore, the Charleston Trident Association of Realtors and local nonprofits often host first-time homebuyer workshops that provide specific insights into the Hollywood and rural West Ashley market, covering everything from budgeting to the closing process.
Nearby Cities
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Why Choose a Mortgage Lender in Hollywood?
Local Market Knowledge
Lenders who understand Hollywood'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 Hollywood and get competitive rates on your home loan.