Home Loan Options As Low As 1% Down

ABC Mortgage is more than just your local, Myrtle Beach home mortgage company. We want to make sure that your home buying experience goes as smoothly as possible. Whatever loan option you decide to move forward with, we will provide the utmost support and help you through each and every step. Please view a few of our home loan options below:

1% Down Loan

No, that’s not a type-o! You can in fact get a mortgage loan in Myrtle Beach with only 1% down. With this loan option, we can put you and your family into a home cheaper than what it costs to get into a rental property. For more information on this incredible loan, please give us a call at 843.839.2430.

FHA Loan

FHA loans provide a much lower down payment at 3.5% instead of the standard 20%. This makes the home ownership process a lot easier (and cheaper), especially for first time home buyers or young families. Let’s say you are interested in a house that costs $150,000. The standard 20% down payment would be $30,000! But with an FHA Loan, you would only have to put down $5,250. Quite the difference! Just keep in mind that there are FHA Loan limits.

VA Loan

If you are a military veteran, you are entitled to a VA Loan. Designed to offer long-term financing to American veterans, VA mortgage loans are issued by federally qualified lenders and are guaranteed by the U.S. Veterans Administration. One benefit is that is generally easier to qualify for a VA loan than conventional loans. To learn more about VA Loans, click here.

For a full list of the home loan options that ABC Mortgage Company offers, please click here. If you are in need of a mortgage loan in Myrtle Beach, give us a call!

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