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Best Mortgage Refinance Companies in Charleston

2024

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Providers

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Website
1150 Queensborough Blvd, Suite D, Mount Pleasant, SC 29464

Why choose this provider?

Luke Billman is a retail branch manager for Sierra Pacific Mortgage that serves clients in the Charleston area and nearby metros. He facilitates mortgage refinancing, whether to reroute funds for renovation, proceed with a cash-out, or extend or shorten loan terms. His team also offers conventional and jumbo loan options, as well as fixed-rate mortgages, ARMs, and state bond loan programs. Luke Billman is a mortgage loan originator and is NMLS-registered. Sierra Pacific Mortgage's website also has an affordability calculator that visitors can use.

License Verified:

License: 98056

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
7 Radcliffe St. Suite 200, Charleston, SC 29403
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Princeton Mortgage is a full-service direct lender that works with residents in Charleston and the surrounding areas. Its team helps families and individuals acquire their dream real estate properties by providing them with mortgage loan assistance. The company processes fixed-rate and adjustable-rate mortgage, as well as FHA, USDA, VA, and manufactured home loans. It also offers homestyle renovation mortgage, jumbo, and QM and non-QM loan options. Princeton Mortgage has been in the industry for more than 35 years.

License Verified:

License: 1746715

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (187)
Facebook
4.3 / 5 (13)

Website
802 Coleman Blvd Suite 209, Mt. Pleasant, SC 29464
  • Reverse Mortgages

Why choose this provider?

Lowcountry Home Loans provides Charleston locals with mortgage options and refinancing solutions. The independent mortgage company employs a team of financial professionals with over two decades of industry experience, from helping clients find and acquire FHA or VA loans to refinancing existing mortgages for lower payments or terms. It also offers program-specific refinancing options, such as the VA interest rate reduction loan and the FHA streamline. Senior loan officer Chuck Olmsted supports the veteran community, having served on the advisory council for the Palmetto Warrior Connection.

License Verified:

License: 1717832

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (57)
Facebook
5.0 / 5 (33)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
551 Folly Road, Charleston, SC 29412
  • New Construction

Why choose this provider?

Coastal Funding Corporation is a local mortgage company serving clients in Charleston. It offers refinance programs to assist clients looking to reduce mortgage terms, lower interest rates, and implement fixed-rate loans. It also provides cash-out refinancing for medical emergencies or personal events. Its loan types include conventional, USDA, FHA, VA, self-employed, and investor loans. It works with various property types, such as single-family, townhomes, condotel, modular, and manufactured homes. Coastal Funding Corporation has been serving the community since 2004.

License Verified:

License: 103035

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Facebook
5.0 / 5 (16)
Google
4.4 / 5 (7)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
2265 Clements Ferry Rd. Suite 208, Charleston, SC 29492
  • Reverse Mortgages

Why choose this provider?

Coastlend Mortgage assists clients in the Charleston area who are in need of purchasing a home or refinancing an existing loan and provides options such as USDA, jumbo, FHA, VA, and conventional loans. The Residential Mortgage Lender works with people who are buying a home for the first time, investors, people with a lot of money, people with low to moderate incomes, and Hometown Heroes. Eddie O'Neill, the company's founder and CEO, has been in the loan origination business since 2004.

License Verified:

License: 340929

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (163)
Facebook
5.0 / 5 (37)
Yelp
5.0 / 5 (9)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
32 Cooper St., Charleston, SC 29403
  • New Construction
  • Reverse Mortgages

Why choose this provider?

SweetGrass Capital is an independent mortgage banker focusing on the residential market to serve the needs of the Charleston community. Its team of mortgage consultants guides borrowers throughout the refinancing process, starting from application to approval and closing. The team provides information on the latest trends in the lending market to help clients secure refinancing programs tailored to their unique situations. In addition, the company operates in North Carolina, Alabama, Ohio, Indiana, Louisiana, and Virginia.

License Verified:

License: 1205337

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.9 / 5 (47)
Facebook
4.6 / 5 (38)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.3
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
861 Coleman Blvd, Mount Pleasant, SC 29464
  • Reverse Mortgages

Why choose this provider?

Lucey Mortgage Corporation serves homeowners and homebuyers in Charleston, Mt. Pleasant, James Island, and the rest of South Carolina. It provides online information on the factors to consider in refinancing and applying for loans on its website, along with a mortgage calculator. Loan options the company provides include VA, conventional, FHA, and jumbo loans. Lucey Mortgage Corporation has been in the lending industry for three decades and has processed more than $2 billion in granted loans.

License Verified:

License: 185300

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (118)
Facebook
5.0 / 5 (30)
Yelp
5.0 / 5 (3)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
2557 Aahley Phosphate Rd, North Charleston, SC 29418
  • New Construction

Why choose this provider?

Home Loans Inc. is a boutique mortgage brokerage firm that caters to the residents of Charleston. It helps clients enjoy lower monthly mortgage rates by providing refinancing options. It also assists with the modification of loan terms without significantly altering existing costs. Additionally, it offers cash-out refinancing and additional financial options like USDA, FHA, and VA loans as well as fixed-rate mortgages. Company owner Jason Sharon is a retired navy veteran who has been featured on Yahoo Finance and Forbes.

License Verified:

License: 1728740

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (409)
Facebook
5.0 / 5 (151)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
1041 Johnnie Dodds Boulevard, Suite 15B, Charleston, SC 29464
  • Commercial Loans

Why choose this provider?

PMC Mortgage Corporation has been serving clients in Charleston and the neighboring communities since 1992. It provides mortgage refinance programs to clients with limited equity, who want to cash out, or who intend to stay in their homes for less than five to seven years. It also offers conventional, jumbo, FHA, and VA loans. Henry Savage, the company's founder and president, was a Mortgage Q&A columnist for The Washington Times. He is a member of the United Wholesale Mortgage Advisory Council.

License Verified:

License: 108262

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (13)
Facebook
5.0 / 5 (9)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
2557 Ashley Phosphate Road, North Charleston, SC 29418
  • New Construction

Why choose this provider?

Jay Ingram brokers mortgages and refinances debts for residents of Charleston. He operates under the Home Loans Inc. banner and coordinates between buyers and real estate professionals during each step of the financing and sale process. His team is proactive and anticipates emergent problems to facilitate the smooth flow of transactions. Jay Ingram maintains a blog that educates homeowners on funding concerns and various related topics like fulfillment terms, gift funds, and the virtual closing of house purchase contracts.

License Verified:

License: 588642

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (25)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
1322 Rutledge Ave, Charleston, SC 29403
  • Reverse Mortgages

Why choose this provider?

CHS Team is a mortgage lending company with over 35 years of experience in the field. It serves residential homeowners in the Charleston metro and offers options for home buying and refinancing requirements. One of its mortgage loan originators, Zach Larichiuta, has been named as part of the top one percent of the National Originators in residential lending. CHS Team pays it forward by supporting several organizations like Leukemia and Lymphoma Society, Cystic Fibrosis Foundation, Water Mission, and Toys for Tots.

License Verified:

License: 1749329

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Yelp
5.0 / 5 (8)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
174 East Bay Street, Suite 3, Charleston, SC 29401
  • New Construction
  • Reverse Mortgages

Why choose this provider?

The Bridgewater Group is a mortgage broker headquartered in Charleston. It shops for loan products on behalf of homeowners who are looking at refinancing for their primary house, second residence, or investment real estate. The company sends weekly status updates to borrowers and continues to work with them after loan closing to review and adjust mortgage plans. The Bridgewater Group operates under Element Home Loans. Its team has been keeping track of mortgage market conditions for more than 20 years.

License Verified:

License: 1701055

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (17)
Facebook
5.0 / 5 (11)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
149 Hollow Cove Road, Charleston, SC 29072
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Jeremy Chapman is a loan officer who works under the Nexa Mortgage umbrella and gives mortgage and refinance options to residents of Charleston. The agent has products aimed at purchasers of single and multi-family properties. Refinancing options are available for debtors seeking to rearrange their current obligations. The team has more than 20 years of combined experience in the lending industry. It has specific accommodations in place for military service personnel.

License Verified:

License: 81896

Nationwide Multistate Licensing System and Registry

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (28)
Yelp
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Frequently Asked Questions

  • Introduction

    Refinancing a mortgage can be a complicated process, and hiring a mortgage refinancing broker can make it simpler and faster. There are several things you can do to protect your interests and help your broker complete the process for you.

    Check a potential broker’s online reviews to find one with a good reputation. In addition to the opinions of past clients, check to see if a broker has an online portfolio, which can support the reviews you find from past clients to show a broker’s trustworthiness. This can also help you establish if a broker has handled financing for properties similar to yours.

    Get a written summary of a broker’s rates before committing so you know exactly what hiring your chosen mortgage refinance broker will cost. Find out which lenders work with your broker and what information they need to successfully refinance your mortgage.
  • When can families and individuals start refinancing their homes in Charleston?

    Families and individuals in Charleston can refinance their homes after six months of payments on their current loans. However, borrowers should evaluate their financial situations and reasons for refinancing. They should first calculate how much it can change their payment. If they plan to sell their homes soon, it is not a good idea to refinance.

  • Why do people refinance their homes in Charleston?

    People refinance their homes in Charleston to increase their financial security in case of economic uncertainties or increased interest rates. They also consider refinancing to shorten loan terms, change loan types, lower monthly payments, and consolidate debts. Additionally, they use funds from cash-out refinance to pay for home repairs or improvements.

  • Can you still refinance even if you have no equity in Charleston?

    You can still refinance even with no equity in Charleston through your existing Freddie Mac or Fannie Mae loan. The Freddie Mac Enhanced Relied Refinance program helps you get lower interest rates or shorter loan terms. This program has no minimum DTI and credit scores. Fannie Mae High Loan-To-Value Refinance Option helps homeowners with no home equity to obtain a lower rate and payment. Your current loan-to-value must be over 97.01% for a single-family primary residence, 90.01% for a second home, and 75.01% for an investment property.

  • What documents should eligible veterans prepare for cash-out refinancing in Charleston?

    Veterans eligible for cash-out refinancing in Charleston should prepare their certificate of eligibility, W-2 forms or pay stubs, credit scores or reports, tax returns, new house appraisals, and bank statements. They might also be required to show other monthly debt payments, such as car payments and student loans.

  • What are the average refinance rates on VA cash outs in Charleston?

    In Charleston, the 30-year VA refinance has an average rate of around 2.375% (2.547% APR), while the average rate for a 30-year conventional loan is approximately 3% (3% APR). VA cash-out refinancing allows active members and veterans to refinance a new loan with a low-interest rate. However, the VA's interest rates have the lowest rates on the market due to the support of the Department of Veterans Affairs.

  • How do you refinance a mortgage?

    Decide why you’re refinancing, such as to get a lower interest rate, pay off your loan faster, or to get a lower monthly payment. Share your credit information with your broker along with information about the equity you have in your home. Review your mortgage refinance broker’s quotes and choose the best loan terms.