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Iva, SC

The Best Mortgage Lenders in Iva, SC

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

3
Top Lenders
4.7
Avg Rating
1030+
Reviews
8
Loan Types

Available Loan Programs in Iva

Conventional
FHA
VA
USDA
Jumbo
Refinance
Reverse Mortgages
HELOC

Featured Mortgage Lenders

1

Movement Mortgage

Movement Mortgage, LLC

★★★★☆
4.8/5

Movement Mortgage is a top-rated lender headquartered in South Carolina with a strong local presence serving Iva and the broader Anderson County area. Known for its exceptional customer service and fast loan processing, the company has high ratings from numerous review platforms. They specialize in a wide range of loan products and are praised for their competitive rates and community involvement. With over a decade of experience, they have built a reputation for reliability and transparency in the mortgage industry.

Experience:15 years
Reviews:350 customer reviews
1600 Redbud Boulevard, Fort Mill, SC 29708

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

New American Funding

New American Funding

★★★★☆
4.7/5

New American Funding is a highly-rated mortgage lender with a local office in Greenville that actively serves Iva and surrounding communities. They are recognized for their diverse loan options and commitment to underserved markets, including offering special programs for first-time homebuyers. With thousands of positive reviews highlighting their responsive customer service and competitive rates, they have a solid track record of customer satisfaction. Their two decades in business demonstrate stability and expertise in the mortgage field.

Experience:20 years
Reviews:280 customer reviews
1200 Woodruff Road, Greenville, SC 29607

Loan Types:

ConventionalFHAVAUSDAJumboReverse MortgagesRefinance
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3

Guaranteed Rate

Guaranteed Rate, Inc.

★★★★☆
4.6/5

Guaranteed Rate is a nationally recognized mortgage lender with a strong presence in South Carolina, including service to Iva. They are acclaimed for their innovative digital mortgage process and competitive interest rates, earning high marks for efficiency and customer support. With over 20 years in the industry, they have a proven history of helping borrowers secure optimal loan terms. Their extensive review base reflects consistent praise for transparency and a smooth closing experience, making them a trusted choice in the region.

Experience:23 years
Reviews:400 customer reviews
105 Edinburgh Court, Greenville, SC 29607

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceHELOC
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Frequently Asked Questions

Common questions about mortgage lending in Iva, SC

What are the typical down payment requirements for homes in Iva, SC, and are there local programs to assist?

In Iva, most conventional loans require a 3-5% down payment, but for the area's more affordable home prices (often below $200,000), USDA Rural Development loans are a popular zero-down option as Iva qualifies. Additionally, the South Carolina State Housing Finance and Development Authority (SC Housing) offers down payment assistance and favorable first-time buyer loans that are widely accessible in Anderson County.

How does Iva's location in a USDA-eligible area benefit homebuyers seeking a mortgage?

Iva's designation as a rural area makes nearly the entire town eligible for USDA Guaranteed Loans. This is a significant advantage, offering 100% financing (no down payment), competitive interest rates, and more flexible credit guidelines compared to conventional loans, which is ideal for buyers with moderate incomes looking in this market.

What should I know about property taxes and insurance when calculating my mortgage payment in Iva?

Anderson County property taxes are relatively low, which helps keep overall monthly payments affordable. However, it's important to budget for mandatory flood insurance if your desired property is near the Rocky River or other waterways, as this can add to your escrow payment. Your lender can help you pull a specific flood zone determination.

Are there specific lenders or credit unions in Iva that have special expertise with local mortgages?

While Iva itself has limited brick-and-mortar lenders, many buyers successfully work with regional banks and credit unions based in nearby Anderson, such as Anderson Federal Credit Union or Founders Federal Credit Union. These institutions often have deep knowledge of the local Iva market and may offer portfolio loan products for unique properties, like older homes or land.

As a first-time homebuyer in Iva, what is the most important local factor to consider for mortgage approval?

Beyond credit and income, a key local factor is the appraisal. Given Iva's mix of newer builds and older, rural homes, an appraiser familiar with the area is crucial to ensure the property value is assessed accurately based on comparable sales in Iva and surrounding communities, which supports your loan approval.

Mortgage Insights

Finding Your Key to Iva: Why a Local Independent Mortgage Broker is Your Best Move

Searching for an "independent mortgage broker near me" in Iva, South Carolina, is more than just a convenience—it's a strategic first step toward unlocking your dream home in our tight-knit community. While online lenders and big banks offer one-size-fits-all solutions, the unique character of the Iva and greater Anderson County housing market demands a personalized, local touch. An independent broker based right here in the Upstate becomes your guide, advocate, and key to navigating the specific opportunities and challenges of buying a home in our area.

The Iva market can be competitive, with a mix of charming older homes, new developments, and rural properties. A local independent broker understands these nuances intimately. They know which lenders are familiar with appraising properties on larger lots common in Anderson County, and which ones have experience with the specific well and septic systems often found outside town limits. This local expertise is invaluable; they can preemptively address potential appraisal or financing hiccups that might stump an out-of-state underwriter, keeping your closing on track.

On a practical level, your search for a broker should start with local referrals. Ask your real estate agent, friends, or family in the area who they've worked with successfully. Look for a broker who is not just licensed in South Carolina but is actively engaged in the Iva/Anderson community. When you speak with them, come prepared. Have your financial documents ready, but also have a clear idea of what you're looking for—whether it's a home on Main Street or a few acres off Highway 81. A good broker will listen to your life and financial goals, not just plug numbers into a system.

Here’s the actionable advice: Don't just get one rate quote. An independent broker's greatest power is their access to multiple wholesale lenders. They can shop your loan profile across their network to find you the most competitive rate and ideal loan product for your situation. Be sure to ask them about South Carolina-specific programs, like the SC State Housing Finance and Development Authority's (SC Housing) Palmetto Home Advantage program. This offers down payment assistance and competitive rates, often perfect for first-time homebuyers looking in towns like Iva. A knowledgeable local broker will know if you qualify and exactly how to integrate such programs into your offer.

Ultimately, choosing an independent mortgage broker in Iva means choosing a partner who is invested in your success and the success of our community. They help you decipher the fine print, champion your application, and work to ensure your home purchase is a cornerstone for your future here. In a market where every advantage counts, their local knowledge and personalized service are not just helpful—they’re essential. Start your search locally, and you’ll find more than a loan; you’ll find a trusted advisor for your Iva homecoming.

Nearby Cities

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Why Choose a Mortgage Lender in Iva?

Local Market Knowledge

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