Lexington, SC
Every major loan program, compared in plain English by people who close them every week.
There is no single best mortgage, only the one that fits your service history, your credit, your savings, the property, and how long you plan to stay. This page lays the programs we work with side by side so you can see which ones are worth a conversation before you start touring homes.
Descriptions here are general. Guidelines, limits, and program availability change, and nothing on this page is a rate quote, a payment estimate, or an approval. Once we look at your actual numbers we can tell you which of these you appear to qualify for and what each would ask of you.
Best for eligible veterans, active-duty, Guard, and reservists.
A benefit earned through service: no down payment required on a primary residence and no monthly mortgage insurance. A one-time funding fee applies and is usually financed into the loan, with an exemption for qualifying service-connected disability ratings.
Learn moreBest for buyers with a shorter or bumpier credit history.
Government-insured financing with a low minimum down payment and more forgiving credit guidelines. In exchange, FHA loans carry both an upfront and an ongoing mortgage insurance premium.
Learn moreBest for buyers looking just outside town limits.
Zero-down financing for eligible addresses in USDA-designated areas, with household income limits. More of Lexington County qualifies than most people expect.
Learn moreBest for buyers with steady credit and documented income.
The most common program in the market, with down payment options well below twenty percent. Mortgage insurance applies under that threshold but can generally be removed later as equity builds.
Learn moreBest for purchases above conforming loan limits.
Financing for higher-priced homes, including lake and custom properties. Underwriting typically looks for stronger credit, more reserves, and fuller documentation.
Learn moreBest for buyers building new or starting from the ground up.
One-time-close construction financing rolls the lot, build, and permanent mortgage into a single closing instead of separate construction and take-out loans. FHA and VA one-time-close options are also available for eligible buyers.
Learn moreBest for buyers with income but limited cash to close.
State and local programs that help cover the down payment or closing costs through a second loan, deferred loan, or grant. Income limits, price caps, and education requirements vary by program and change over time.
Learn moreBest for self-employed borrowers whose tax returns understate cash flow.
A non-QM option that qualifies income from business or personal bank deposits rather than tax return net income. Terms and required deposit history differ from agency loans.
Best for investors buying rental property.
Qualification is based on the property's rental cash flow relative to its debt rather than on personal income documentation. Down payment and reserve expectations are higher than on a primary residence.
Learn moreBest for buyers taking on a home that needs work.
Rolls the purchase and eligible renovation costs into a single FHA-insured mortgage, using licensed contractors and a draw schedule rather than separate financing for repairs.
Learn moreBest for qualifying homeowners aged 62 and older.
Converts part of the equity in a home into funds without a required monthly principal and interest payment. The homeowner remains responsible for taxes, insurance, and upkeep, and counseling is required.
Learn moreTalk to a local advisor today. No pressure, just answers.