Find Home Equity Loan Specialists Near You in Irmo, SC
Browse home equity loan specialists serving Irmo, South Carolina. Contact information and addresses listed below.
Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the
State Mortgage Licensing Authority of South Carolina before hiring.
Showing 3 home equity loan specialists in Irmo, SC
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
A home equity loan specialist in Irmo South Carolina helps homeowners access the equity in their property. South Carolina law limits home equity loans to 80 percent of the homes appraised value for most borrowers. Specialists guide you through the application process and explain local closing requirements.
What Does a Home Equity Loan Specialist in Irmo Cost?
Typical costs for a home equity loan specialist in South Carolina include an origination fee of 0.5 to 1.5 percent of the loan amount. Appraisal fees range from 300 to 600 dollars. Closing costs usually total 2 to 5 percent of the loan. These fees vary by lender and loan size. This is general information and not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What does a home equity loan specialist in Irmo do?
A home equity loan specialist helps you apply for a loan using your home as collateral. They review your credit income and property value. They also explain South Carolina rules such as the 15 day right of rescission for certain loans.
How much equity do I need for a home equity loan in South Carolina?
Most lenders in South Carolina require you to keep at least 20 percent equity in your home after the loan. This means your loan amount plus any existing mortgage cannot exceed 80 percent of the homes value. Some credit unions may allow slightly higher limits.
Are home equity loan specialists regulated in South Carolina?
Yes home equity loan specialists must follow South Carolina mortgage lending laws. They must hold a valid license from the South Carolina Department of Consumer Affairs. The state also requires clear disclosure of fees and interest rates before you sign.