Columbia SC Mortgages
Obtaining Financing and getting pre-approved is the most important part of buying Columbia SC real estate. Whether buying a single family home, condo or an investment property, it is crucial to get pre-approved. Obtaining financing is the first step in buying real estate. The two main factors lenders use to determine whether to loan you money are your ability and your willingness to repay the loan. The ability is measured by your income and assets while your willingness is measured by your credit history.
Get Pre-Qualified for a Columbia SC Mortgage:
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Informs the buyer of whether or not they qualify for a home loan
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Educates the buyer about potential problems with credit or income
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Identifies the target price range of homes to view
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Informs the buyer of their approx. house payment
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Educates a first time home buyer
- Many sellers require a pre-approval letter when considering an offer to purchase
- Call for more information
Mortgages: Types of Home Loans
Conventional Loan - Down payment requirements as lows as 5%. Mortgage insurance until 80% loan to value.
VA Loan - 100% financing for United States Veterans. No mortgage insurance.
USDA Loan - 100% financing for rural areas. Check income guidelines and property eligibility.
Condo loans - Columbia SC Condo financing can be tricky. Be sure to inquire as to available loan types when talking with your Realtor.
FHA Loan - 3.5% down payment required. Insured by the federal government. Mortgage insurance runs the term of the loan.
Getting approved for a loan is as simple as making a phone call (803) 238 - 8612. You will know the same day if you can buy a home and how much money you are approved to spend.
Columbia SC Foreclosures
Must see. Nice five-bedroom home in need of TLC; waiting on a new owner. Convenient location within minutes from local shopping, Sandhills and I-20. Owner is SC License...
- 5 Beds
- 6 Baths
Listing courtesy of Colonial Realty Company.
Lot 6- Lot Rent Only- $250, Lot 7 -212- $550, Lot 8 -311- $650, Lot 11 - Lot Rent Only- $250, Lot 12- 212- $500, Lot 13 - 312- $650, Lot 14 - 211- $475, Lot 15- $650 Call...
- 10 Baths
Listing courtesy of Re/Max Advantage Group.
Cute vinyl sided ranch on 1.79 acres of land. Front porch for sitting on to sip your sweet tea and watch the birds. Formal living room, dining room, kitchen, laundry in c...
- 3 Beds
- 2 Baths
Listing courtesy of Century 21 Vanguard.
What a unique property...definitely a MUST see. Lots of space and lots of ways to make it yours! Built in early 1900's with lots of privacy on this approximately 1.5 acre...
- 7 Beds
- 3 Baths
Listing courtesy of Re/Max Advantage Group.
Completely renovated brick ranch located just minutes from Fort Jackson and downtown Columbia. New HVAC, roof, flooring, kitchen, bathrooms and paint. Living room has vau...
- 3 Beds
- 2 Baths
Listing courtesy of Keller Williams Palmetto.
3 bedroom, 2 bath all brick home in Berkley Forest community. Dining area, eat-in kitchen, great room, living room with fireplace. Attached garage, patio and fenced backy...
- 3 Beds
- 2 Baths
Listing courtesy of Re/Max Advantage Group.
Freshly renovated home located on private lot just minutes from downtown, interstates and West Columbia. New HVAC, water heater, paint, flooring, roof, kitchen, bathrooms...
- 3 Beds
- 2 Baths
Listing courtesy of Keller Williams Palmetto.
This could be a great home with a little TLC Large yard on a quite lot perfect for relaxing and backyard functions. Home has a large living area and an additional family...
- 4 Beds
- 2 Baths
Listing courtesy of Sc Real Estate Exchange.
Brick and vinyl ranch looking for new owners. Garage has been converted into a sunroom, kitchen with eat in area, living room with hardwood floors. Four bedrooms all ha...
- 4 Beds
- 2 Baths
Listing courtesy of Century 21 Vanguard.
Great for investors. Needs some work. Ac/heat does not work. On a large 1 acre lot Just needs the magic touch. Nice country setting, just needs some elbow grease priced w...
- 3 Beds
- 2 Baths
Listing courtesy of Southern Dreams Realty.
1992 Peachstate doublewide brick underpinned manufactured home waiting for its new owners. Located on almost half an acre of land. Has a covered front porch, chain link...
- 3 Beds
- 2 Baths
Listing courtesy of Century 21 Vanguard.
