Find Mortgage Lenders in Columbia, SC
Directory of mortgage lenders in Columbia, South Carolina. Verify credentials with the state state mortgage licensing authority before hiring.
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 20 mortgage lenders in Columbia, 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.
Mortgage lenders in Columbia South Carolina help home buyers and homeowners secure financing for residential properties. South Carolina law requires all mortgage loan originators to be licensed through the South Carolina Department of Consumer Affairs. Local lenders are familiar with Columbia neighborhoods and can guide you through state-specific closing procedures and property tax rules.
What Does a Mortgage Lender in Columbia Cost?
Typical costs for a mortgage lender in South Carolina include an origination fee of 0.5 to 1 percent of the loan amount. Appraisal fees range from 400 to 700 dollars. Title insurance and closing fees add 1,500 to 3,000 dollars. South Carolina also charges a documentary stamp tax of 0.37 cents per 100 dollars of the mortgage amount. These costs vary by lender and loan type. 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 license do mortgage lenders need in South Carolina?
Mortgage loan originators in South Carolina must hold a valid license from the South Carolina Department of Consumer Affairs. They must also pass a national exam and complete annual continuing education. You can verify a lender license on the NMLS Consumer Access website.
What is the typical down payment for a home in Columbia?
Down payment requirements vary by loan type. Conventional loans often require 3 to 20 percent down. FHA loans allow as little as 3.5 percent down. South Carolina also offers down payment assistance programs for qualified first-time buyers in Richland and Lexington counties.
How long does a mortgage closing take in South Carolina?
A typical mortgage closing in South Carolina takes 30 to 45 days from application. The state requires a three-day right of rescission for refinances. Delays can occur if appraisal or title work takes longer than expected.