The Best Mortgage Lenders in Johnston, SC
Compare verified mortgage lenders serving Johnston, South Carolina. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Johnston
Featured Mortgage Lenders
Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a nationally recognized lender with strong presence throughout South Carolina, known for their efficient loan processing and local expertise. They consistently receive excellent customer reviews for their responsive service and competitive rates. As a direct lender serving the Johnston area, they offer a streamlined digital mortgage experience combined with local loan officer support. Their "Purchase Promise" program provides guaranteed on-time closing, making them particularly attractive for home buyers in competitive markets.
Loan Types:
SRP Federal Credit Union
SRP Federal Credit Union
SRP Federal Credit Union has been serving the Central Savannah River Area including Johnston for over six decades, offering competitive mortgage rates to members. They are highly rated for personalized service and local decision-making. As a community-focused credit union, they provide comprehensive mortgage counseling and first-time homebuyer programs. Their local presence in nearby Aiken and North Augusta ensures Johnston residents receive attentive, in-person service throughout the loan process with the benefit of credit union member advantages.
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First Community Bank
First Community Bank
First Community Bank is a South Carolina-based community bank with strong regional presence serving Johnston and surrounding areas. They are known for their local underwriting and relationship-based approach to mortgage lending. Customers consistently praise their knowledgeable loan officers and smooth closing process. The bank offers specialized construction lending programs that are particularly valuable in growing areas like Johnston. Their commitment to community banking means decisions are made locally, providing flexibility and personalized service that larger national lenders cannot match.
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Frequently Asked Questions
Common questions about mortgage lending in Johnston, SC
What are the current mortgage rates like in Johnston, SC, and how do they compare to state or national averages?
Mortgage rates in Johnston typically align closely with national averages, but local lenders may offer competitive rates due to the area's stable, rural housing market. It's common to see rates slightly lower than in larger South Carolina metros like Columbia or Greenville. Shopping with local credit unions, such as SRP Federal Credit Union which has a strong presence, can often yield favorable terms.
Are there any down payment assistance programs specifically for Johnston homebuyers?
Yes, Johnston homebuyers can access the SC State Housing Finance and Development Authority's (SC Housing) Palmetto Home Advantage program, which offers down payment assistance and competitive fixed-rate mortgages. Additionally, Edgefield County, where Johnston is located, may have local initiatives; checking with the Johnston Town Hall or a local HUD-approved housing counselor is recommended for the most current local opportunities.
How does the appraisal process in Johnston account for the mix of older homes and new construction?
Appraisers in Johnston are familiar with valuing a diverse range of properties, from historic homes in the downtown area to newer subdivisions. They use comparable sales ("comps") primarily from within Johnston and nearby towns like Edgefield and Trenton. For unique or older properties, lenders often work with appraisers who have specific experience with the local market to ensure an accurate valuation.
What should I know about property taxes and insurance when calculating my monthly mortgage payment in Johnston?
Property taxes in Johnston and Edgefield County are relatively low compared to national averages, which can positively impact your monthly payment. However, it's important to factor in the potential cost of flood insurance, as some areas near the Horn Creek or other waterways may be in flood zones. Your lender will help you obtain accurate tax and insurance estimates for your specific property during the pre-approval process.
As a first-time homebuyer in Johnston, what local lenders are most familiar with the market?
First-time buyers in Johnston benefit from working with community-focused lenders who understand the local economy. Established local institutions like Security Federal Bank and SRP Federal Credit Union have branches in the area and are well-versed in SC Housing programs. These lenders often provide more personalized guidance through the process compared to large national banks.
Why Choose a Mortgage Lender in Johnston?
Local Market Knowledge
Lenders who understand Johnston'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 Johnston and get competitive rates on your home loan.