BB&T was established in 1872 and for the past 140 years we have shared our knowledge with our clients.  By offering sound advice and personal attention, we help our clients make informed choices as they manage their day to day finances and set a course to reach their long-term financial goals.

In the area of mortgages we offer an array of mortgage loan products that I’m sure together we can determine the right fit for your personal financial needs.  First time homebuyer?  We have a product called the CHIP that in some cases offers 100% financing without mortgage insurance.  Building a home?  We have a Construction/Perm product that has a one time closing that provides financing during the construction phase and when the home is completed rolls over to a permanent loan.  Looking to purchase an investment property?  We offer Non-Conforming financing on investment property.  These products are just a few of many mortgage financing options offered at BB&T.

Debbie is one of our preferred lenders and BB&T is a bank that I fully endorse. Their products and services always seem to outshine the competition! Please consider contacting Debbie Malone at BB&T for all of you lending needs! From all of us at The Fred Holland Team and BB&T, we wish you a Merry Christmas and Happy New Year!

Debbie Malone dmalone@bbandt.com (843) 406-6654

These sure have been trying times for homebuyers, real estate brokers and mortgage lenders alike. The most asked question seems to be is this the right time to buy? Most professionals in the real estate business will tell you yes, there is no better time to buy and I am inclined to agree. I do however believe you have to sum up your current situation, such as job stability and do you have enough money for a down payment as well as can you afford to make a mortgage payment each month. Times are very different from a few years ago when a mortgage was not at all very difficult to get. Mortgage rates remain at an all time low and there are still very attractive mortgage programs available for first time homebuyers and repeat buyers as well.

The Federal Housing Administration, generally known as “FHA”, is an excellent first time homebuyer program that requires a minimum down payment and very attractive rates. An FHA insured mortgage has allowed many Americans to buy their first home that have less than perfect credit and might not otherwise be approved for a conventional mortgage.

I recommend that you find professionals that you can trust and you are at ease with, you will be spending a lot of time with these folks and it is important that you can communicate well with them. Next, get pre-approved for a mortgage before you start to look at prospective homes. Be prepared to provide your lender with income documentation and bank statements showing you have the available funds for a down payment.  I cannot stress this enough and it is a very simple process that in many cases can be done in a single visit to your mortgage professional. This will ensure you are looking for a home in the price range you can afford and will also let your real estate agent see that you are serious and ready to make a qualified offer. Obtaining a pre-approval letter from you lender and presenting it with your offer to buy might also return a quicker acceptance buy the seller of the home especially if they see you have already started the approval process. Buying a home is one of the most important and rewarding decisions you will make as long as you have the right people working with you.

MORTGAGE BANKER CARSON WILLIAMS:  BANK OF SOUTH CAROLINA  (843) 958-1046