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Round O, SC

The Best Mortgage Lenders in Round O, SC

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

3
Top Lenders
4.7
Avg Rating
375+
Reviews
9
Loan Types

Available Loan Programs in Round O

Conventional
FHA
VA
USDA
Jumbo
Refinance
Construction
First-time Homebuyer
Investment Properties

Featured Mortgage Lenders

1

South Carolina Federal Credit Union

South Carolina Federal Credit Union

★★★★☆
4.8/5

South Carolina Federal Credit Union is one of the most highly-rated mortgage lenders serving the Round O area with exceptional customer satisfaction ratings. As a member-owned financial cooperative with deep roots in the Lowcountry, they offer personalized service and competitive rates. Their mortgage team specializes in first-time homebuyer programs and has extensive experience with USDA rural development loans, which are particularly relevant for Round O properties. With multiple branches throughout the Charleston metro area and strong digital capabilities, they provide convenient service options for Round O residents.

Experience:15 years
Reviews:285 customer reviews
2235 Ashley River Road, Charleston, SC 29414

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceConstruction
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2

Movement Mortgage

Movement Mortgage, LLC

★★★★☆
4.7/5

Movement Mortgage is a nationally recognized mortgage lender headquartered in Fort Mill, SC, with strong presence throughout South Carolina. They consistently receive high marks for their efficient processing and local market expertise in the Lowcountry region. Their digital mortgage platform streamlines the application process while maintaining personal service through local loan officers who understand Round O's rural character and property types. Movement is particularly noted for their quick closing times and excellent communication throughout the loan process, with special programs tailored to South Carolina homebuyers.

Experience:14 years
Reviews:1 customer reviews
Round O, SC

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceFirst-time Homebuyer
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3

Lowcountry Mortgage

Lowcountry Mortgage Corporation

★★★★☆
4.6/5

Lowcountry Mortgage is a locally-owned mortgage broker with deep expertise in serving rural communities throughout the Charleston tri-county area, including Round O. They excel at finding competitive loan products from multiple investors and have particular strength in USDA rural housing loans that benefit Round O homebuyers. Their team provides personalized, hands-on service with extensive knowledge of local property values and market conditions. As a smaller local firm, they offer dedicated attention throughout the mortgage process and are known for their responsiveness and ability to handle complex loan scenarios effectively.

Experience:12 years
Reviews:89 customer reviews
6296 Rivers Avenue, Suite 105, North Charleston, SC 29406

Loan Types:

ConventionalFHAVAUSDAConstructionRefinanceInvestment Properties
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Frequently Asked Questions

Common questions about mortgage lending in Round O, SC

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

In Round O and the surrounding Colleton County area, conventional loans typically require 3-5% down, while FHA loans require 3.5%. For local assistance, the South Carolina State Housing Finance and Development Authority (SC Housing) offers down payment assistance and favorable loan terms for eligible buyers statewide, which is a key resource for Round O residents given the area's moderate income levels.

How does the rural nature of Round O affect my mortgage options, like qualifying for a USDA loan?

Round O's location makes many properties eligible for USDA Rural Development loans, which offer 100% financing (no down payment). This is a significant advantage for buyers looking at the area's more rural properties. It's important to have your chosen property's address checked for specific USDA eligibility, as some pockets may have different designations.

Are property taxes in Colleton County a major factor in my mortgage payment, and how are they typically handled?

Yes, property taxes are a meaningful component. Colleton County has a relatively moderate millage rate compared to more urban parts of SC. Lenders will estimate your annual taxes and include 1/12th of that amount in your monthly escrow payment, ensuring the bill is paid when due. It's wise to confirm the exact tax amount for a specific property during your due diligence.

What should I know about flood insurance requirements when getting a mortgage in Round O, given its Lowcountry location?

This is a critical local consideration. Much of Round O is in a designated flood zone (often Zone AE or X). Lenders will require flood insurance on most mortgages in these zones, which adds a separate, mandatory premium to your monthly housing cost. Always order a Flood Zone Determination early in the process to understand this cost.

As a first-time homebuyer in Round O, are there any special mortgage programs or grants I should explore?

Absolutely. First-time buyers should prioritize the SC Housing First-Time Homebuyer Program, which provides competitive interest rates and down payment assistance in the form of a forgivable loan. Additionally, some local lenders and community banks serving Colleton County may have their own first-time buyer products or grants, so it's beneficial to shop locally as well as with larger institutions.

Mortgage Insights

Finding Your Perfect Home Mortgage Lender in Round O, South Carolina

Searching for "home mortgage lenders near me" is one of the most crucial steps in your journey to owning a piece of the Lowcountry. For homebuyers in Round O, SC, this isn't just about finding any lender; it's about finding a partner who understands the unique character of our local market. Round O offers a appealing blend of rural tranquility, community spirit, and accessibility to larger hubs like Charleston and Walterboro. This specific dynamic means your choice in a mortgage lender should be as informed and intentional as your choice of property.

When looking locally, you have several excellent options. You'll find community banks and credit unions with deep roots in Colleton County, larger regional banks with branches in nearby Walterboro, and a variety of licensed mortgage brokers who operate throughout the area. A significant advantage of working with a lender familiar with Round O is their understanding of property types here—from newer subdivisions to more rural parcels with well and septic systems. They can accurately guide you on what appraisals might entail and which loan products best fit properties that may not fit a standard suburban mold.

Beyond local knowledge, South Carolina offers specific programs that a knowledgeable lender can help you navigate. The SC State Housing Finance and Development Authority (SC Housing) offers first-time homebuyer programs with competitive interest rates, down payment assistance, and tax credits. These can be game-changers, especially for teachers, healthcare workers, or public servants looking to put down roots in our community. A local lender who frequently works with these programs can streamline the process and ensure you meet all eligibility requirements.

Here is your actionable plan for finding the right mortgage lender in the Round O area:

First, go beyond the online search. Ask for recommendations from your real estate agent, who works with lenders daily and knows who provides smooth closings. Talk to friends, family, and coworkers who have recently purchased homes in Colleton County.

Second, interview at least three lenders. Don't just compare interest rates—compare service. Ask them: "How many loans have you closed in Colleton County in the past year?" "What SC Housing programs do you work with?" "What is your typical timeline to close?" Their answers will reveal their local expertise and reliability.

Finally, get pre-approved early. In any market, but especially in a desirable area like ours, a strong pre-approval letter from a respected local lender makes your offer more credible to sellers. It shows you are serious and financially prepared.

Your home mortgage is more than a loan; it's the key to your life in Round O. Taking the time to find a lender who is not just near you on a map, but truly invested in our community, will provide peace of mind and support from your initial search all the way to handing you the keys.

Nearby Cities

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Why Choose a Mortgage Lender in Round O?

Local Market Knowledge

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