Compare top reverse lenders in South Carolina.

Compare top reverse lenders in South Carolina
Receive your free HECM quote today in SC.

What is a reverse mortgage?

HECM stands for home equity conversion mortgage. Reverse mortgages allow for seniors to release a portion of the home’s equity to eliminate any existing mortgage payments. HECM’s are unique in that there are no monthly mortgage payments required – no other program has this unique feature. 

More than 600,000 seniors have taken out a reverse mortgage loan to improve their retirement, your not alone.

Compare HECM Lenders in SC for free with RMLD – Let us find you the best program.

Seniors in SC qualify for a reverse mortgage if…

  • they are 62 years of age or older
  • own their homes
  • have equity available in the property
  • can afford to pay for the home’s property taxes and insurance
  • have never defaulted on governemnt insured loans

I qualify for the HECM reverse mortgage how does this program improve my retirement?

  • improve your retirement qualify by having access to your equity today
  • no more mortgage payments while you are living in the home
  • interest rates are at all time low’s
  • ability to spend the equity as you wish – no restrictions are placed on the funds
  • no taxes are applied to the equity you release

“There is no other program which allows seniors to access their home’s equity without having payment in retirement.”

How Does the Reverse Mortgage Work in South Carolina?

You have worked hard your entire life to build up your home’s equity, insn’t it time that your home paid you back? Well, FHA (Federal Housing Administration) insures the HECM reverse mortgage which allows you to use your home as a tool to fund your retirement.

Many seniors are still having to pay each month a mortgage payment this is seriously impacting the quality of those seniors retirement. What if you could use all the built up equity in your home to generate a new income source, this would greatly improve the quality of your retirement.

This is what the reverse mortgage program was designed for. Seniors are taking advantage of the low interest rate enviroment and the ability to qualify for a reverse mortgage loan without having income or credit scores to meet. There are no payments to be made (you are only responsible for the property taxes, insurance, and home maintanance expenses). It will cost you $0 to find our your options give us a call today.

Snapshot of South Carolina

4.6 M

Population

$94,900

Median Home Value

72%

Home Ownership Rate

14%

Percent PopulationOver 65

Find Your City to Compare State and National Averages

LOCATION POPULATION MED. HOME VALUE HOME OWNERSHIP RATE % POPULATION OVER 65
USA 307,006,550 $119,600 66% 13%
South Carolina 4,561,242 $94,900 72% 14%
Aiken 28,829 $110,600 66% 18%
Anderson 26,242 $84,100 53% 20%
Charleston 107,845 $139,700 51% 14%
Columbia 119,961 $98,500 46% 10%
Florence 31,284 $91,300 61% 15%
Goose Creek 31,914 $99,500 64% 4%
Greenville 57,428 $118,100 47% 14%
Hilton Head Island 33,838 $319,800 78% 24%
Mount Pleasant 59,113 $185,500 74% 10%
North Charleston 87,482 $75,200 46% 9%
Rock Hill 61,620 $92,800 53% 11%
Spartanburg 38,561 $85,700 50% 15%
Summerville 41,575 $116,600 66% 11%
Sumter 39,159 $79,900 53% 14%

Local Reverse Mortgage Lenders/Banks/Brokers in South Carolina

A

Abbeville · Adams Run · Aiken · Alcolu · Allendale · Alvin · Anderson · Andrews · Arcadia · Atlantic Beach · Awendaw · Aynor

B

Ballentine · Bamberg · Barnwell · Batesburg · Batesburg-Leesville · Bath · Beaufort · Beech Island · Belton · Belvedere · Bennettsville · Bethera · Bethune · Bishopville · Blacksburg · Blackstock · Blackville · Blair · Blenheim · Bluffton · Blythewood · Boiling Springs · Bonneau · Borden · Bowling Green · Bowman · Bradley · Branchville · Brittons Neck · Brunson · Bucksport · Buffalo

C

Cades · Cainhoy · Calhoun Falls · Camden · Cameron · Campobello · Canadys · Carlisle · Cassatt · Catawba · Cateechee · Cayce · Centenary · Central · Chapin · Chappells · Charleston · Charleston AFB · Chas AFB · Cheraw · Cherokee Falls · Cherry Grove · Cherry Grove Beach · Chesnee · Chester · Chesterfield · Clarks Hill · Clearwater · Clemson · Cleveland · Clifton · Clinton · Clio · Clover · Columbia · Conestee · Converse · Conway · Coosawhatchie · Cope · Cordesville · Cordova · Cottageville · Coward · Cowpens · Crocketville · Cross · Cross Anchor · Cross Hill

D

Dale · Dalzell · Daniel Island · Darlington · Daufuskie Island · Davis Station · Denmark · Dewees Island · Dillon · Donalds · Dorchester · Drayton · Due West · Duncan

E

Early Branch · Easley · Eastover · Edgefield · Edgemoor · Edisto · Edisto Island · Effingham · Ehrhardt · Elgin · Elko · Elliott · Elloree · Enoree · Estill · Eutawville

F

Fair Play · Fairfax · Fairforest · Fingerville · Florence · Floyd Dale · Folly Beach · Fork · Fort Lawn · Fort Mill · Fort Motte · Fountain Inn · Fripp Island · Furman

G

Gable · Gadsden · Gaffney · Galivants Ferry · Galivants Fry · Garnett · Gaston · Georgetown · Gifford · Gilbert · Glendale · Glenn Springs · Gloverville · Goose Creek · Gramling · Graniteville · Gray Court · Great Falls · Greeleyville · Green Pond · Green Sea · Greenpond · Greenville · Greenwood · Greer · Gresham · Grover

H

Hamer · Hampton · Hanahan · Hardeeville · Harleyville · Hartsville · Heath Springs · Hemingway · Hickory Grove · Hilda · Hilton Head · Hilton Head Island · Hodges · Holly Hill · Hollywood · Honea Path · Hopkins · Horatio · Huger

I

Indian Land · Inman · Irmo · Islandton · Isle of Palms · Iva

J

Jackson · Jacksonboro · Jamestown · Jefferson · Jenkinsville · Jericho · Joanna · Johns Island · Johnsonville · Johnston · Joint Base Charleston · Jonesville

K

Kershaw · Kiawah Island · Kinards · Kings Creek · Kingstree · Kline · Knightsville

L

La France · Ladson · Ladys Island · Lake City · Lake View · Lake Wylie · Lamar · Lancaster · Lando · Landrum · Lane · Langley · Latta · Laurens · Leesville · Lexington · Liberty · Liberty Hill · Lincolnville · Litchfield · Little Mountain · Little River · Little Rock · Livingston · Lobeco · Lockhart · Lodge · Lone Star · Long Creek · Longs · Loris · Lowndesville · Lugoff · Luray · Lydia · Lyman · Lynchburg

M

Madison · Manning · Marietta · Marion · Martin · Mauldin · Mayesville · Mayo · Mc Bee · Mc Clellanville · Mc Coll · Mc Connells · Mc Cormick · Meggett · Miley · Minturn · Modoc · Moncks Corner · Monetta · Monticello · Montmorenci · Moore · Mount Carmel · Mount Croghan · Mount Pleasant · Mountain Rest · Mountville · Mullins · Murrells Inlet · Murrells Inlt · Myrtle Beach

N

N Litchfield · Neeses · Nesmith · New Ellenton · New Zion · Newberry · Newry · Nichols · Ninety Six · Norris · North · North Augusta · North Charleston · North Myrtle Beach · Norway

O

Ocean Drive · Okatie · Olanta · Olar · Orangeburg · Oswego

P

Pacolet · Pacolet Mills · Pageland · Pamplico · Parksville · Parris Island · Patrick · Pauline · Pawleys Isl · Pawleys Island · Paxville · Peak · Pelion · Pelzer · Pendleton · Perry · Pickens · Piedmont · Pineland · Pineville · Pinewood · Pinopolis · Plum Branch · Pomaria · Port Royal · Poston · Powdersville · Prosperity

Q

Quinby

R

Rains · Ravenel · Reevesville · Reidville · Rembert · Richburg · Richland · Ridge Spring · Ridgeland · Ridgeville · Ridgeway · Rimini · Rion · Ritter · River Hills · Rock Hill · Roebuck · Round O · Rowesville · Ruby · Ruffin · Russellville

S

Saint Charles · Saint George · Saint Helena Island · Saint Matthews · Saint Stephen · Salem · Salley · Salters · Saluda · Sandy Springs · Santee · Sardinia · Scotia · Scranton · Seabrook · Seabrook Isl · Seabrook Island · Sellers · Seneca · Sharon · Shaw A F B · Shaw AFB · Sheldon · Shoals Junction · Shulerville · Silverstreet · Simpsonville · Six Mile · Slater · Smoaks · Smyrna · Society Hill · South of the Border · Spartanburg · Springfield · St Matthews · Starr · Startex · State Park · Sullivans Island · Summerton · Summerville · Sumter · Sunset · Surfside Beach · Swansea · Sycamore

T

Tamassee · Tatum · Taylors · Tega Cay · The Citadel · Tigerville · Tillman · Timmonsville · Townville · Travelers Rest · Trenton · Trio · Troy · Turbeville

U

Ulmer · Una · Union

V

Van Wyck · Vance · Varnville · Vaucluse

W

Wadmalaw Island · Wagener · Walhalla · Wallace · Walterboro · Wando · Ward · Ware Shoals · Warrenville · Waterloo · Wedgefield · Wellford · West Columbia · West Union · Westminster · Westville · White Oak · White Rock · White Stone · Whitmire · Williams · Williamston · Williston · Windsor · Winnsboro · Wisacky · Woodruff

Y

Yemassee · Yonges Island · York

HUD’s list of approved HECM Counselors in South Carolina.
Counseling is mandatory in all states for those who wish to get a HECM loan.

HECM Counseling Agency Roster as of 06/05/2013
(3 records were selected, 3 records displayed.)
Name Agency ID Address Phone Web Site
CCCS/FAMILY SERVICES INC. 81419 NORTH CHARLESTON, SC
4925 LACROSS RD STE 215
NORTH CHARLESTON,  SC  29406-6513
(843) 735-7802 http://www.fsisc.org
GREENVILLE COUNTY HUMAN RELATIONS COMMISSION 81745 301 UNIVERSITY RIDGE, SUITE 1600
GREENVILLE,  SC  29601-3613
(864) 467-7095 http://www.greenvillecounty.org/Human_Relations
UPSTATE HOMELESS COALITION OF SOUTH CAROLINA 83403 150 EXECUTIVE CENTER DR # 211
GREENVILLE,  SC  29615-4505
(864) 222-2342 http://www.upstatehomeless.com/
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EQUITY LOANS LLC
2612 LARCH LN STE 102
MOUNT PLEASANT, SC 29466
CHARLESTON County
Title II
Approval Date: Mar 14, 2012 [81 Areas Approved for Business]
HECM: Yes Originates 203K: Yes
Telephone: (843) 647-6222 FAX Number: (888) 833-2451
E-Mail Address: ocaminos@equityloans.com
Anchor
FIRST CITIZENS BANK AND TR CO
1314 PARK ST
COLUMBIA, SC 29201
RICHLAND County
Title II
Approval Date: Apr 09, 1971 [81 Areas Approved for Business]
HECM: Yes Originates 203K: No
Telephone: (803) 733-2612 FAX Number: (803) 733-2626
E-Mail Address: sandra.graham@firstcitizensonline.com
Anchor
HOMEOWNERS MORTGAGE ENTERPRISES INC
2530 DEVINE ST
COLUMBIA, SC 29205
RICHLAND County
Title II
Approval Date: Feb 14, 1984 [81 Areas Approved for Business]
HECM: Yes Originates 203K: No
Telephone: (803) 765-9037 FAX Number: (843) 689-7840
E-Mail Address: kplacek@homeownersmtg.com
Anchor
LIBERTY HOME EQUITY SOLUTIONS INC
1012 16TH AVE NW STE 112
SURFSIDE BEACH, SC 29575
HORRY County
Title II
Approval Date: Sep 13, 2012 [81 Areas Approved for Business]
HECM: Yes Originates 203K: No
Telephone: (800) 218-1415 FAX Number: (866) 851-9716
E-Mail Address: reverseinfo@Libertyhomeequity.com
Anchor
MOVEMENT MORTGAGE LLC
526 HOWELL RD
GREENVILLE, SC 29615
GREENVILLE County
Title II
Approval Date: Jan 06, 2010 [81 Areas Approved for Business]
HECM: Yes Originates 203K: Yes
Telephone: (864) 423-8298 FAX Number: (803) 795-4240
E-Mail Address: john.third@movementmortgage.com
Anchor
REVERSE MORTGAGE USA, INC
468 TIRZAH CHURCH RD
LANCASTER, SC 29720
LANCASTER County
Title II
Approval Date: Apr 20, 2009 [81 Areas Approved for Business]
HECM: Yes Originates 203K: No
Telephone: (800) 748-1184 FAX Number: (512) 338-3199
E-Mail Address: mickie@rmeducator.com
Anchor
SUCCESS MORTGAGE PARTNERS INC
147 WAPPOO CREEK DR
CHARLESTON, SC 29412
CHARLESTON County
Title II
Approval Date: Sep 27, 2011 [81 Areas Approved for Business]
HECM: Yes Originates 203K: No
Telephone: (800) 375-0351 FAX Number: (248) 347-7449
E-Mail Address: david@franklin-funding.com
Anchor
SUN WEST MORTGAGE CO INC
1200 WOODRUFF RD # A-3110
GREENVILLE, SC 29607
GREENVILLE County
Title II
Approval Date: Feb 03, 2012 [81 Areas Approved for Business]
HECM: Yes Originates 203K: No
Telephone: (866) 690-7663 FAX Number: (562) 924-7884
E-Mail Address: inquiry@swmc.com
Anchor
WOLFE FINANCIAL INC
2220 HIGHWAY 17
LITTLE RIVER, SC 29566
HORRY County
Title II
Approval Date: Jan 06, 2012 [81 Areas Approved for Business]
HECM: Yes Originates 203K: No
Telephone: (843) 267-6789 FAX Number: (336) 625-0911
E-Mail Address: dwolfe@olfefin.com