The Best Mortgage Lenders in Williamston, SC
Compare verified mortgage lenders serving Williamston, South Carolina. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Williamston
Featured Mortgage Lenders
Mortgage Specialist
Founders Federal Credit Union
Founders Federal Credit Union is one of South Carolina's most established and highly-rated financial institutions serving the entire Upstate region including Williamston. With over 75 years of operation, they offer exceptionally competitive mortgage rates and personalized service. Their local branch network and deep community roots in the Anderson-Greenville-Spartanburg corridor make them a top choice for Williamston residents seeking reliable mortgage financing with the benefits of credit union membership.
Loan Types:
Mortgage Loan Officer
PrimeLending
PrimeLending's Greenville office serves the entire Upstate South Carolina region including Williamston with exceptional customer satisfaction ratings. They are renowned for their fast closing times, competitive rates, and extensive loan program options. With over three decades of mortgage lending experience, their local loan officers have deep knowledge of the Williamston area real estate market and provide personalized guidance through the entire home financing process.
Loan Types:
Mortgage Advisor
Movement Mortgage
Movement Mortgage has established itself as a premier mortgage lender in South Carolina with strong local presence in the Upstate region serving Williamston. Founded in 2008, they've built an outstanding reputation for streamlined digital processes combined with local expertise. Their Greenville-based team specializes in serving the Anderson County area and is particularly noted for exceptional customer service, quick response times, and competitive rate offerings for both purchase and refinance transactions.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Williamston, SC
What are the current mortgage rates like in Williamston, SC, and how do they compare to state averages?
Mortgage rates in Williamston typically align closely with national and South Carolina averages, as they are set by larger market forces. However, local lenders may offer competitive rates, especially for conventional loans, given the area's relatively affordable housing market. It's wise to compare offers from local credit unions, like those in Anderson County, alongside national lenders for the best deal.
Are there any down payment assistance or first-time homebuyer programs specifically for Williamston residents?
Yes, Williamston homebuyers can access South Carolina State Housing Finance and Development Authority (SC Housing) programs, which offer competitive interest rates and down payment assistance. Additionally, the Anderson County HOME Consortium may have funds available for income-eligible buyers in Williamston, providing grants or forgivable loans to help with down payments and closing costs.
How does the appraisal process work in Williamston, given its mix of historic homes and newer developments?
Appraisals in Williamston require appraisers familiar with the local market's unique characteristics, from older homes in the downtown area to newer subdivisions. They will compare your property to recent sales of similar homes in Williamston and nearby areas like Pelzer or Belton. Accurate appraisals are crucial, as the town's slower market growth can sometimes make finding perfect "comps" a challenge.
What should I know about property taxes and insurance when calculating my monthly mortgage payment in Williamston?
Property taxes in Anderson County, which includes Williamston, are relatively moderate, with rates around 0.57% of the assessed value. Your lender will typically require escrow for both taxes and homeowners insurance. Insurance costs can be standard, but it's important to check if the property requires additional flood insurance, as some areas near creeks or the Saluda River may be in flood zones.
Are USDA rural housing loans a viable option for buying a home in Williamston, SC?
Absolutely. Williamston is classified as a rural area by the USDA, making most of the town and its outskirts eligible for USDA Section 502 Guaranteed Loans. This is a popular option as it allows for 0% down payment for qualified buyers with moderate incomes, which can be a significant advantage in this market where saving for a down payment is a common hurdle.
Why Choose a Mortgage Lender in Williamston?
Local Market Knowledge
Lenders who understand Williamston'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 Williamston and get competitive rates on your home loan.