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2024

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Best Mortgage Refinance Companies in Charleston, SC

Our Recommended Top 13

We did the research for you!

  • Licensing
  • User Reviews
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Our goal is to connect people with the best local professionals. We scored Charleston Mortgage Refinance Companies on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

71Reviewed

47Curated

13Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

1150 Queensborough Blvd, Suite D, Mount Pleasant, SC 29464
WebsiteLicense: 98056

Expertise.com Rating

Review Sources

Google
5.0 (1)

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.

802 Coleman Blvd Suite 209, Mt. Pleasant, SC 29464
WebsiteLicense: 1717832

Expertise.com Rating

Review Sources

Google
5.0 (72)
Facebook
5.0 (33)

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.

  • Reverse Mortgages

2265 Clements Ferry Rd. Suite 208, Charleston, SC 29492
WebsiteLicense: 340929

Expertise.com Rating

Review Sources

Google
5.0 (163)
Facebook
5.0 (37)
Yelp
5.0 (9)

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.

  • Reverse Mortgages

2557 Aahley Phosphate Rd, North Charleston, SC 29418
WebsiteLicense: 1728740

Expertise.com Rating

Review Sources

Google
5.0 (409)
Facebook
5.0 (151)

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.

  • New Construction

1041 Johnnie Dodds Boulevard, Suite 15B, Charleston, SC 29464
WebsiteLicense: 108262

Expertise.com Rating

Review Sources

Google
5.0 (13)
Facebook
5.0 (9)

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.

  • Commercial Loans

32 Cooper St., Charleston, SC 29403
WebsiteLicense: 1205337

Expertise.com Rating

Review Sources

Google
4.9 (47)
Facebook
4.6 (38)

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.

  • New Construction
  • Reverse Mortgages

149 Hollow Cove Road, Charleston, SC 29072
WebsiteLicense: 81896

Expertise.com Rating

Review Sources

Facebook
5.0 (28)
Yelp
5.0 (1)

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.

  • New Construction
  • Reverse Mortgages

551 Folly Road, Charleston, SC 29412
WebsiteLicense: 103035

Expertise.com Rating

Review Sources

Facebook
5.0 (16)
Google
4.4 (7)

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.

  • New Construction

861 Coleman Blvd, Mount Pleasant, SC 29464
WebsiteLicense: 185300

Expertise.com Rating

Review Sources

Google
5.0 (118)
Facebook
5.0 (30)
Yelp
5.0 (3)

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.

  • Reverse Mortgages

174 East Bay Street, Suite 3, Charleston, SC 29401
WebsiteLicense: 1701055

Expertise.com Rating

Review Sources

Google
5.0 (17)
Facebook
5.0 (11)

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.

  • New Construction
  • Reverse Mortgages

7 Radcliffe St. Suite 200, Charleston, SC 29403
WebsiteLicense: 1746715

Expertise.com Rating

Review Sources

Google
5.0 (196)
Facebook
4.5 (27)

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.

  • New Construction
  • Reverse Mortgages

1322 Rutledge Ave, Charleston, SC 29403
WebsiteLicense: 1749329

Expertise.com Rating

Review Sources

Yelp
5.0 (8)

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.

  • Reverse Mortgages

2557 Ashley Phosphate Road, North Charleston, SC 29418
WebsiteLicense: 588642

Expertise.com Rating

Review Sources

Google
5.0 (25)

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.

  • New Construction

Compare our Top Mortgage Refinance Companies

NameExpertise RatingAddressPromotionsLearn more
Doesn't exist
1150 Queensborough Blvd, Suite D, Mount Pleasant, SC 29464
Lowcountry Home Loans
802 Coleman Blvd Suite 209, Mt. Pleasant, SC 29464
Coastlend Mortgage
2265 Clements Ferry Rd. Suite 208, Charleston, SC 29492
Home Loans Inc.
2557 Aahley Phosphate Rd, North Charleston, SC 29418
PMC Mortgage Corporation
1041 Johnnie Dodds Boulevard, Suite 15B, Charleston, SC 29464
SweetGrass Capital
32 Cooper St., Charleston, SC 29403
Jeremy Chapman
149 Hollow Cove Road, Charleston, SC 29072
Coastal Funding Corporation
551 Folly Road, Charleston, SC 29412
Lucey Mortgage Corporation
861 Coleman Blvd, Mount Pleasant, SC 29464
The Bridgewater Group
174 East Bay Street, Suite 3, Charleston, SC 29401
Princeton Mortgage
7 Radcliffe St. Suite 200, Charleston, SC 29403
CHS Team
1322 Rutledge Ave, Charleston, SC 29403
Jay Ingram
2557 Ashley Phosphate Road, North Charleston, SC 29418

FAQs

  • 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.