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West Union, SC

The Best Mortgage Lenders in West Union, SC

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

3
Top Lenders
4.5
Avg Rating
1050+
Reviews
8
Loan Types

Available Loan Programs in West Union

Conventional
FHA
VA
USDA
Jumbo
Refinance
ARM
Reverse Mortgages

Featured Mortgage Lenders

1

Movement Mortgage

Movement Mortgage, LLC

★★★★☆
4.5/5

Movement Mortgage is a highly-rated lender headquartered in South Carolina, renowned for its rapid loan processing, competitive interest rates, and exceptional customer service. With a strong regional presence in the Upstate, they actively serve West Union and surrounding areas, offering a wide range of loan products tailored to first-time homebuyers and investors alike. Their commitment to transparency and local community engagement makes them a top choice for mortgages in Oconee County.

Experience:15 years
Reviews:350 customer reviews
1600 Hampton St, Fort Mill, SC 29715

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
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2

Guaranteed Rate

Guaranteed Rate, Inc.

★★★★☆
4.4/5

Guaranteed Rate is a nationally recognized mortgage lender with a robust local office in Greenville, SC, providing reliable service to West Union residents. They excel in offering competitive rates, a user-friendly digital mortgage platform, and personalized support. With decades of experience and high customer satisfaction ratings, they are known for their efficiency in handling various loan types, making them a trusted option for home financing in the region.

Experience:23 years
Reviews:400 customer reviews
1200 Woodruff Rd, Greenville, SC 29607

Loan Types:

ConventionalFHAVAUSDAJumboARMRefinance
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3

New American Funding

New American Funding, LLC

★★★★☆
4.6/5

New American Funding is a diverse and community-focused lender with a strong regional presence in South Carolina, serving West Union through their Columbia office. They are praised for their inclusive lending practices, competitive rates, and outstanding customer service, particularly in assisting underserved communities. With a wide array of loan options and a commitment to educational resources, they provide reliable and personalized mortgage solutions for homebuyers in Oconee County and beyond.

Experience:20 years
Reviews:300 customer reviews
1301 Gervais St, Columbia, SC 29201

Loan Types:

ConventionalFHAVAUSDAJumboReverse MortgagesRefinance
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Frequently Asked Questions

Common questions about mortgage lending in West Union, SC

What are typical down payment requirements for homes in West Union, SC, given the local market?

In West Union's relatively affordable market, many conventional loans require a minimum of 5% down, though some local lenders may offer portfolio loans with 3% down for well-qualified buyers. For USDA loans, which are highly relevant in this rural area, you can purchase with 0% down, as most properties in and around West Union qualify. FHA loans are also common, requiring 3.5% down.

Are there specific first-time homebuyer programs or grants available for West Union residents?

Yes, South Carolina State Housing Finance and Development Authority (SC Housing) offers first-time homebuyer programs with competitive interest rates and down payment assistance, which are accessible to West Union buyers. Additionally, Oconee County may have local initiatives or partnerships; it's advisable to check with local lenders or the county government for any community-specific grants or closing cost assistance programs.

How does West Union's rural location impact my mortgage options and property eligibility?

West Union's rural designation makes many properties eligible for USDA Rural Development loans, a significant advantage offering 100% financing with no down payment. However, it's crucial to have the property inspected for well and septic systems, as these are common and may require specific certifications for loan approval, which can affect the timeline and process.

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

Oconee County, where West Union is located, has relatively low property tax rates, which can keep monthly payments more affordable. For insurance, due to the rural setting and older housing stock, you may need to budget for a higher homeowners insurance premium, especially if the home has an older roof or electrical system, as this can affect both cost and lender requirements.

Are mortgage rates in West Union, SC, different from the national average, and which local lenders are recommended?

Mortgage rates are generally set by national markets, so West Union rates align with national averages. However, working with a local lender or credit union, such as those based in nearby Seneca or Clemson, can be beneficial as they have specific knowledge of the Oconee County market, USDA processing, and may offer personalized service and portfolio loan products suited to local incomes and property types.

Mortgage Insights

Finding Your Perfect Mortgage Match in West Union, SC

Searching for the "best mortgage broker near me" is more than just finding a local office. In a community like West Union, where the housing market blends rural charm with growing appeal due to its proximity to lakes, mountains, and cities like Greenville, the right broker is your guide to navigating a unique financial landscape. A broker who understands Oconee County can make all the difference in securing a mortgage that fits both your dream home and your budget.

So, what should a West Union homebuyer look for? First, seek deep local expertise. The best brokers here know that properties can range from historic homes in town to larger lots with mountain views or lake access. They understand how appraisals work for these diverse property types and can connect you with lenders who are comfortable with them. They’re also tuned into local market trends, like the competitive demand for move-in ready homes, and can advise you on crafting a strong, financeable offer.

Your search should be proactive. Don't just rely on a basic online search. Ask for referrals from your local real estate agent, who works with mortgage professionals daily. Visit the West Union or Seneca area farmers markets or community events and strike up conversations—word-of-mouth recommendations are powerful in our tight-knit area. When you interview potential brokers, ask specific questions: "How many loans have you closed in Oconee County in the last year?" or "What challenges have you seen with septic/well approvals in this area, and how do you prepare for them?"

Take full advantage of South Carolina-specific programs. A top-tier local broker will be your advocate for these opportunities. Key programs include SC Housing's Palmetto Home Advantage, which offers competitive interest rates and down payment assistance—a huge benefit for first-time and repeat buyers alike. They should also be well-versed in USDA Rural Development loans, as much of Oconee County, including areas around West Union, qualifies for these zero-down-payment loans, perfect for our more rural settings.

Finally, the best mortgage broker for you will feel like a partner. They should communicate clearly about timelines, explain the nuances of closing costs in South Carolina, and be readily available to answer questions. They’ll help you understand how local property taxes and homeowners insurance might affect your monthly payment. In a market where a quick, reliable pre-approval can set you apart from other buyers, having a trusted local expert in your corner is not just convenient—it’s a strategic advantage. Start your search locally, ask the right questions, and choose a broker who demonstrates genuine knowledge of our West Union community. Your journey to homeownership here will be smoother for it.

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Why Choose a Mortgage Lender in West Union?

Local Market Knowledge

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