Mortgage Refinancing South Carolina

by Nicole
(Prosperity, South Carolina USA)

Ask Kate about mortgage refinancing in South Carolina: Hello! My husband and I have filed Chapter 13 this past June and was advised by our lawyer that it is possible to obtain a home during this time.

Nicole continues... We realize that it is going to be hard to find a lender. We own the land and are looking for a mobile home to put on it but need to finance the well and septic along with the home.

I am not sure what direction to go in. Can you please help? We are also first time home buyers. Thank you Nicole

Kate Answers: Mortgage Refinancing in South Carolina

Dear Nicole, Just because obtaining a home loan is legal during or after bankruptcy does not mean a mortgage company is obligated to loan money.

But keeping that in mind, there is no reason you couldn't pursue this. Assuming you have equity in the land, ask a lender if they might consider treating your transaction as a refinance. Then hopefully you could avoid a substantial down payment.

FHA home loans are excellent for first time home buyers and homeowners with less than perfect credit. But make sure as you shop for a lender that you tell them a mobile home is involved due to different requirements.

Here are six steps for comparing mortgage rates and loan professionals online and locally. Check my lender directory for mortgage originators in South Carolina.

When you choose a lender, would you tell them about my lender directory, List of Mortgage Companies? It's free for them and other visitors to my website from South Carolina will appreciate it too!

Nicole, one more thing. I'd like to hear back from you. Let me know if this page was helpful to you. Comment here on Mortgage Refinancing in South Carolina.

Or Ask Kate another question here.

Best wishes,

Return to the home page of Get Your Best Mortgage Rate from Mortgage Refinancing in South Carolina

Tell Your Friends

I want to reach as many home buyers and homeowners as possible with my websites. But I need your assistance.

So please help me spread the word about Mortgage Refinancing in South Carolina at Get Your Best Mortgage Rate with your friends. Just use these easy buttons.

The information you obtain at this site is not, nor is it intended to be, a substitute for financial, real estate or legal advice. You should consult an attorney, accountant, lender or real estate agent, as applicable, for advice regarding your individual situation. Comments and opinions found here are not necessarily those of Get-Your-Best-Mortgage-Rate.com