The Best Mortgage Lenders in Sharon, SC
Compare verified mortgage lenders serving Sharon, South Carolina. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Sharon
Featured Mortgage Lenders
Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a top-rated national lender headquartered in nearby Fort Mill, SC, with strong presence throughout South Carolina. They are particularly well-regarded for their fast closing times and exceptional customer service, specializing in both purchase and refinance loans. With their corporate headquarters just over an hour from Sharon, they have deep roots in the South Carolina community and offer competitive rates across all loan types, making them an excellent choice for Sharon residents seeking reliable mortgage services.
Loan Types:
PrimeLending
PrimeLending, A PlainsCapital Company
PrimeLending's Rock Hill office serves the Sharon area with exceptional mortgage services and has built a strong reputation for personalized service and competitive rates. As an established lender with decades of experience, they offer a comprehensive range of loan products including specialized programs for first-time homebuyers. Their local loan officers have extensive knowledge of the York County market and are known for guiding clients through the entire mortgage process with transparency and expertise.
Loan Types:
Fairway Independent Mortgage
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage's Charlotte office actively serves clients in Sharon and throughout the South Carolina border region. They consistently receive top marks for customer satisfaction and offer some of the most competitive rates in the market. Their team specializes in working with buyers in smaller communities like Sharon, providing personalized service and local market expertise. With numerous industry awards and recognition for excellence, they are particularly strong in VA and FHA lending while offering innovative digital mortgage solutions.
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Frequently Asked Questions
Common questions about mortgage lending in Sharon, SC
What are the current mortgage rates like for homes in Sharon, SC, and how do they compare to state averages?
Mortgage rates in Sharon typically align closely with South Carolina's statewide averages, as it's a smaller rural market. However, local lenders may offer competitive rates due to lower overhead. As of recent trends, rates in York County are often slightly more favorable than in larger metropolitan areas like Charlotte, but it's crucial to get quotes from both local community banks and national lenders for the best deal.
Are there any down payment assistance programs specifically for homebuyers in Sharon, SC?
Yes, homebuyers in Sharon can access South Carolina State Housing Finance and Development Authority (SC Housing) programs, which offer down payment assistance and favorable loan terms for eligible buyers. Additionally, York County may have local initiatives, and some lenders offer special programs for buyers in rural areas. First-time buyers should consult with a local mortgage broker familiar with these state and potential county-specific resources.
How does the appraisal process work for a home in a rural area like Sharon, and are there any unique challenges?
Appraisals in Sharon can be more challenging due to the rural setting and potentially fewer comparable home sales ("comps"). Appraisers may need to look at properties in a wider geographic area or from several months prior. It's important to work with a lender experienced in rural mortgages who understands how to properly value properties with larger lots, wells, or septic systems common in the area.
What type of property insurance considerations are unique to getting a mortgage in Sharon, SC?
Since Sharon is in a rural part of York County, lenders will require standard homeowners insurance, but you may also need additional coverage. If the property is outside city fire hydrant coverage, you might need a separate fire protection policy. Furthermore, if the home uses a well and septic system, some lenders may require specific water quality and septic inspections as a condition of the loan.
As a first-time homebuyer in Sharon, what should I know about the local market and available housing inventory?
The Sharon market is characterized by more affordable, single-family homes on larger lots, but inventory can be limited. It's a good idea to get pre-approved with a local lender to strengthen your offer when you find a property, as sellers often prefer buyers who use reputable local institutions. Be prepared for a competitive market for move-in ready homes, while fixer-uppers may stay on the market longer and could qualify for renovation loans like the FHA 203(k).
Why Choose a Mortgage Lender in Sharon?
Local Market Knowledge
Lenders who understand Sharon'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 Sharon and get competitive rates on your home loan.