The Best Mortgage Lenders in Saint Matthews, SC
Compare verified mortgage lenders serving Saint Matthews, South Carolina. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Saint Matthews
Featured Mortgage Lenders
Mortgage Loan Officer Team
Palmetto Citizens Federal Credit Union
As South Carolina's largest state-chartered credit union, Palmetto Citizens has been serving the Saint Matthews community and surrounding areas for decades. They are particularly renowned for their competitive rates on VA and FHA loans, making homeownership accessible to military families and first-time buyers. Their local branch network throughout the Midlands provides personalized service with digital convenience. Members consistently praise their responsive loan officers and streamlined application process, with many noting they beat national lenders on both rates and closing costs.
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Mortgage Specialist Team
Movement Mortgage
Movement Mortgage has established a strong presence throughout South Carolina with their Columbia office serving the Saint Matthews area. Founded in 2008, they've built a reputation for exceptional customer service and efficient loan processing. Their "More Than A Mortgage" approach includes community engagement and local market expertise. Customers frequently highlight their clear communication, quick response times, and ability to close loans ahead of schedule. They offer a comprehensive range of loan products with particularly strong first-time homebuyer programs.
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Mortgage Loan Officers
Guild Mortgage
Guild Mortgage's Columbia branch has been serving the Saint Matthews community with a focus on personalized service and local expertise. With over 60 years in the mortgage industry nationwide, they bring substantial experience to the Midlands region. They are particularly strong in government-backed loans and offer unique programs like their Zero Down Payment option for qualified buyers. Customers consistently praise their knowledgeable loan officers who provide thorough explanations and guidance throughout the entire homebuying process. Their strong local presence ensures understanding of the Saint Matthews market dynamics.
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Frequently Asked Questions
Common questions about mortgage lending in Saint Matthews, SC
What are the current mortgage rates like in Saint Matthews, SC, and how do they compare to state averages?
Mortgage rates in Saint Matthews typically align closely with national and South Carolina state averages, as it's a smaller market. However, local lenders may offer competitive rates, especially for conventional loans, due to the area's stable, rural property values. It's always wise to compare offers from local credit unions, regional banks, and national lenders to secure the best rate for your situation.
Are there any down payment assistance programs specifically for buyers in Saint Matthews or Calhoun County?
Yes, homebuyers in Saint Matthews can access statewide programs like the SC State Housing Finance and Development Authority's (SC Housing) Palmetto Home Advantage program, which offers down payment assistance and competitive rates. Additionally, some local lenders and community banks may offer special first-time homebuyer programs or grants tailored for Calhoun County residents, so inquire directly with institutions like Calhoun County Bank.
How does the appraisal process work for Saint Matthews' unique mix of historic homes and newer constructions?
Appraisals in Saint Matthews require appraisers familiar with the local market's diversity, from historic homes near downtown to newer subdivisions. They will compare your property to recent sales of similar homes in Saint Matthews and surrounding areas like Orangeburg or Columbia, ensuring the value reflects local conditions, lot sizes, and home styles specific to this region.
What should I know about property taxes and insurance when calculating my mortgage payment in Saint Matthews?
Calhoun County, which includes Saint Matthews, has relatively low property tax rates compared to urban areas in SC, which can make homeownership more affordable. However, you should budget for homeowners insurance, which may be higher than average due to the area's exposure to storm risks and the age of some housing stock. Your lender will help you estimate these costs for an accurate monthly payment.
Are USDA rural housing loans a viable option for mortgages in Saint Matthews, SC?
Absolutely. Saint Matthews is classified as a rural area by the USDA, making most of the town and surrounding Calhoun County eligible for USDA Section 502 Guaranteed Loans. This program offers 100% financing (no down payment) for eligible borrowers and properties, which is a significant advantage given the area's rural character and can be an excellent fit for many local buyers.
Nearby Cities
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Why Choose a Mortgage Lender in Saint Matthews?
Local Market Knowledge
Lenders who understand Saint Matthews'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 Saint Matthews and get competitive rates on your home loan.