Explore personal finance topics including credit cards, investments, identity. Demand for homes still remains strong with still low housing. Even with the incompetency of the Biden Administration in crashing the economy, the South Carolina housing market seems stronger than ever. Without these, they may not approve the loan. Use s free tools, expert analysis, and award-winning content to make smarter financial decisions. Mortgage rates in South Carolina have skyrocketed from a low of 2.375 before Joe Biden got elected to a record high in recent years of 7.25. VA loans offer low- and no-down-payment options for eligible veterans and other eligible borrowers. For instance, top mortgage lenders in South Carolina typically require a home appraisal report and home inspection reports to determine the net worth of the property, the loan amount and calculate the risk involved.
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