Expertise.com

Best Mortgage Refinance Companies in Mount Pleasant

2024

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls
Mortgage Refinance Companies FAQs 〉

Providers

Last updated:

Website
858 Lowcountry Blvd #102, Mt Pleasant, SC 29464
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Alex Wall caters to clients throughout Mount Pleasant. He assesses the homeowner's financial situation as part of his efforts to help them refinance their loans. Wall has experience modifying the terms of loans insured or guaranteed by federal agencies like the FHA and VA. He also guides homebuyers through the mortgage application process and addresses their concerns on various matters, including short sales and property marketing. Wall has been in the lending sector for more than 10 years.

License Verified:

License: 2143

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

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.
2.8
Responsiveness
Friendliness
Helpfulness
Detail
––

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

Why choose this provider?

Coastal Funding Corporation is a mortgage company serving the financing needs of homeowners and buyers across Mount Pleasant. It offers the interest rate reduction refinance loan under its VA program to cut the previous rate and monthly payment. Its variety of FHA loans includes cash-out refinancing, streamline refinances, 203k, non-occupying co-borrower, and 3.5% down payment. Coastal Funding is a locally owned venture that focuses on maximizing the benefits of multiple lending options that match borrowers' financial goals and dreams of homeownership.

License Verified:

License: 1693481

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
800 Johnnie Dodds Blvd St. 105 & 108, Mt Pleasant, SC 29464
  • New Construction

Why choose this provider?

The McClarty Mortgage Team is committed to offering Mount Pleasant-based clients the ideal financing solution for their mortgage needs. As an education-based mortgage company, it informs residential property owners planning to refinance their homes about its benefits, including reduced monthly payments and interest rates. Its team also assists homeowners in applying for a cash-out refinance to consolidate debt. Additionally, The McClarty Mortgage Team offers home buyers with USDA, FHA, and VA loan options. The company is a division of Lending Path Mortgage.

License Verified:

License: 202526

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)

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
875 Lowcountry Blvd, Suite 209, Mount Pleasant, SC 29464
  • New Construction

Why choose this provider?

Since 2017, Ascend Financial Group has been working with Mount Pleasant clients. The company educates owners of properties like townhouses, manufactured homes, and condominiums through the mortgage refinancing process. It offers an online calculator that breaks down how refinancing impacts their long-term financial situation. The company also provides conventional mortgage programs, as well as loans backed by government agencies like the VA, FHA, and USDA, for aspiring homeowners. Greg Schoonover, its president, previously worked under various firms, including Ikon Financial Group and Residential Home Funding.

License Verified:

License: 1629704

Nationwide Multistate Licensing System and Registry

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
1240 Winnowing Way Suite 102, Mount Pleasant, SC 29466
  • New Construction

Why choose this provider?

Christa Votaw discusses mortgage refinancing options to help clients make informed decisions in Mount Pleasant. She caters to homeowners who plan to refinance their homes to take some cash out or save money with lower interest rates. She also handles reverse mortgage services for seniors. Additionally, she assists buyers who plan to purchase real estate properties for investment purposes and strives to secure low-rate financing to maximize their ROI. Votaw is a senior loan officer at Clear Mortgage.

License Verified:

License: 1111313

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 (37)
Facebook
5.0 / 5 (10)

Website
654 Coleman Blvd, Suite 100, Mount Pleasant, SC 29464
  • New Construction
  • Reverse Mortgages

Why choose this provider?

The Southern Coast Team of Direct Mortgage Loans addresses the home refinancing needs of its clients in Mount Pleasant. The company assists its clients in paying off their debts, maximizing their equity, and getting lower rates through various refinancing options. It offers conventional, construction/renovation, and government-backed loans. The company strives to deliver on its commitment to transparency by providing its step-by-step home-buying process on its website and mortgage guides. It has been recognized as one of the top 100 companies in the Mortgage Executive Magazine.

License Verified:

License: 1764656

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 (65)
Google
5.0 / 5 (35)

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
115 Fairchild St, Charleston, SC 29492
  • New Construction
  • Reverse Mortgages

Why choose this provider?

Derek Goulette, who works at American Pacific Mortgage, provides services throughout Mount Pleasant and the surrounding areas. Derek serves individuals needing to apply for their first or repeat mortgage refinancing matters, helping them minimize their monthly payments, change their terms, or lower their rates. He also assists potential home buyers in choosing loan options suitable for their needs. These options include jumbo and super jumbo, conforming, adjustable, and fixed. Derek also carries government loans, such as USDA, VA, and FHA.

License Verified:

License: 325427

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.
4.6
Facebook
4.6 / 5 (14)
Google
5.0 / 5 (1)

Website
1032 Chuck Dawley Blvd., Ste. 101, Mount Pleasant, SC 29464
  • Multi-Family Loans
  • New Construction

Why choose this provider?

Barley Mortgage, LLC, caters to clients in Mount Pleasant and the surrounding areas. It offers to refinance loans to help clients change their terms or lower their rates to achieve their financial goals and needs. It also guides individuals and families in purchasing townhouses, multi-family homes, condominium units, and single-family residences using mortgage loan programs, including jumbo, conventional, VA, and FHA. The company's CEO, Jason Barley, has been in the industry for more than two decades.

License Verified:

License: 1867951

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 (120)

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
1022 Carolina Boulevard,, Isle of Palms, SC 29451
  • New Construction

Why choose this provider?

Carolina Lending Group caters to borrowers in Mount Pleasant who are seeking financing options. It provides a variety of programs, such as FHA, jumbo, conventional, VA, and reverse mortgages. It has a correspondent lending program for qualified clients who were refused loans by banks. The company also supports various charities, including one that provides meals to those in need, and gives a fixed amount for every loan. Founder Jason Myers, a certified lender for Military.com, has been in the industry since 2002.

License Verified:

License: 239349

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.
4.2
Google
4.2 / 5 (5)

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

Why choose this provider?

PMC Mortgage Corporation serves residents in Mount Pleasant who need refinancing and loan solutions. The team delivers conventional and jumbo loans and has government-backed programs for members of the military sector. It works with debtors who wish to take advantage of more favorable terms and conditions of compliance. The company is licensed to operate across three states. Founder Henry Savage established the corporation in 1992 and was the Mortgage Q&A columnist for The Washington Times for over ten years.

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 (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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
1156 Bowman Rd. Ste 200, Mount Pleasant, SC 29464
  • Reverse Mortgages

Why choose this provider?

Parker Lending, LLC, is a mortgage business serving both residential owners and first-time home buyers. Owner Arthur "Chip" Parker assists with loan application and refinancing to seek better rates or some property cash out. He provides assistance by following up on correspondences, lending process support, securing market rates that fit each client's budget, and closing loans on time. His other clients include seniors seeking reverse mortgages, refinancing homeowners, and move-up/second home buyers, as well as investment purchasers. Parker Lending is headquartered in Mount Pleasant.

License Verified:

License: 1816118

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 (56)
Facebook
5.0 / 5 (10)
Yelp
5.0 / 5 (4)

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.
  • What are some potential issues linked to refinancing in Mount Pleasant?

    One of the concerns when refinancing in Mount Pleasant involves addressing any issues with the property title. If there are any oversights or outstanding matters on the title, such as unpaid taxes or liens, lenders might be cautious about approving new mortgage loans. Additionally, it's important to be aware of prepayment penalties. Mortgage loans are governed by various regulations, and certain lenders may have restrictions on total payoff or refinancing within a specific timeframe to prevent substantial fines.

  • What are the eligibility requirements for an FHA refinance loan in Mount Pleasant?

    To qualify for the FHA refinance option in Mount Pleasant, homeowners need to be current on a non-FHA insured mortgage. Meeting standard FHA documentation and underwriting requirements is essential, and borrowers must use the property as their primary residence. The home's current market value will also be assessed for eligibility. The FHA loan's LTV must not exceed 97.75% of the home's appraised value.

  • Is it possible to switch loan types during the refinancing process in Mount Pleasant?

    Yes, you can switch loan types during refinancing. It could be a suitable time to contemplate switching from an FHA to a conventional loan if you had lower credit scores when you purchased your Mount Pleasant home. Your savings could be increased by transitioning from FHA to conventional financing, which could reduce or eliminate Private Mortgage Insurance. Moreover, while many have fixed-rate loans, if you currently hold an adjustable-rate mortgage, exploring a refinance to shift to a fixed-rate mortgage would be beneficial.

  • What are the interest rates for a cash-out refinance in Mount Pleasant?

    Depending on the specific lender and the borrower's credit score, interest rates for cash-out refinances in Mount Pleasant vary. Lenders perceive cash-out refinancing as riskier, leading to elevated interest rates. This stems from the higher debt incurred through cash-out refinancing, increasing default potential since more money is being borrowed. Lenders raise rates to compensate. A cash-out refinance can still lead to a cheaper interest rate, but homeowners with very low initial loan rates should thoroughly evaluate their refinancing choices.

  • What are the pros and cons of a cash-out refinance in Mount Pleasant?

    Positively, a cash-out refinance in Mount Pleasant grants homeowners essential funds for home enhancements or debt consolidation, possibly even securing a lower interest rate despite a higher principal. However, it also comes with risks, potentially leading to unmanageable monthly mortgage payments. Furthermore, throughout the 30- to 60-day closing process, you'll have to pay 2% to 6% of the whole loan amount, which could not be optimal for urgent funding needs.

  • 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.