Prosperity Home Mortgage
Our Preferred Lenders
1800 Old Trolley Rd, Summerville, SC 29485
Local Expertise for You! Since 2006, I've been a realtor specializing in buying and selling houses in Summerville and the surrounding areas. My name is Lisa Thompson, and I'm dedicated to providing you with a seamless real estate experience. With that in mind, you can enlist my service with confidence. My clients can be assured they're in great hands because I have what it takes to make each of their transactions successful. I'm a powerful negotiator with a keen eye for locating great real estate deals. My approach is one that is meticulous, and I go above and beyond to address my clients' needs. If you need advice and direction, I'm at your service.
NUMEROUS LISTINGS
I know the Summerville, SC real estate market inside and out, and will be happy to help you find the perfect home to purchase. My list of available properties is ever-changing but always comprehensive. Whether you're looking for an included garage, a basement, or a patio, I'm ready to help you find what you're after. I am dedicated to excellent customer service and will work hard to make your experience with me a positive one from start to finish.
AT YOUR SERVICE
I will work hard to help you find the ideal place to live. When you work with me, I'll take the time to understand your family's housing needs so that I can locate properties that suit your taste as well as your budget. I recognize that buying a home is a huge investment and undertaking, and I pledge to make myself available to you throughout every step of the process.
Hire a REALTOR who truly knows the market in Summerville, SC.
Lisa Thompson.Call me for an appointment today. 843-270-2221
Mortgage Help
Down Payment
The typical rule of thumb is to pay 20 percent of the home's price as your down payment, although some mortgage loans require as little as 3.5 percent down. Your down payment reduces the total amount of your mortgage loan, so the more money you put down, the lower your payments will be - or the more expensive a house you can buy.
Loan Term
Your loan program can affect your interest rate and monthly payments. Choose from 30-year fixed, 15-year fixed, and more in the calculator.
Loan Type
There are several types of mortgage loans, but the most commonly used are fixed-rate and adjustable-rate loans. Fixed-rate loans have the same interest rate for the entire duration of the loan. That means your monthly payment will be the same, even for long-term loans, such as 30-year fixed-rate mortgages. Two benefits to this loan type are stability, and being able to calculate your total interest up front. Adjustable-rate mortgages (ARMs) have interest rates that can change over time. Typically they start out at a lower interest rate than a fixed-rate loan, and hold that rate for a set number of years, before changing interest rates from year to year. For example, if you have a 5/1 ARM, you will have the same interest rate for the first 5 years, and then your interest rate will change from year to year. The main benefit of an adjustable-rate loan is starting off with a lower interest rate.
Interest Rate
This field is pre-filled with the current average mortgage rate. Your actual rate will vary based on factors like credit score and down payment.
Property Tax Rate
The mortgage payment calculator includes estimated property taxes based on the home's value. You can edit this in the advanced options.
Home Insurance
Home insurance or homeowners insurance is typically required by lenders, depending on the loan program. You can edit this number in the mortgage calculator advanced options.
HOA Fees
A homeowners association fee (HOA fee) is an amount of money that must be paid monthly by owners of certain types of residential properties, and HOAs collect these fees to assist with maintaining and improving properties in the association.