Trusted Mortgage Lender in South Carolina

Customized home loans tailored for South Carolina buyers, with local service and national strength. 

Born in New England, Built to Serve South Carolina

Financing a home with NewFed Mortgage Corp. in South Carolina can be an excellent option for those looking to purchase a home in the Palmetto State. As a mortgage lender in South Carolina, NewFed Mortgage Corp. is a reputable lender with a long history of providing exceptional customer service and competitive rates. They offer a variety of loan programs, including conventional, FHA, VA, and USDA loans, which means that they can help borrowers find the right financing solution for their unique needs. Additionally, NewFed Mortgage Corp. has extensive experience working with clients in the South Carolina market, which means that they have a deep understanding of the local real estate market and can provide invaluable guidance and support throughout the homebuying process. Whether you are a first-time homebuyer or an experienced real estate investor, NewFed Mortgage Corp., a trusted mortgage lender in South Carolina, can help you achieve your homeownership goals in the state.

South Carolina is a beautiful state with a diverse range of communities and neighborhoods to choose from. One such place is Charleston, a historic city known for its charming architecture, delicious cuisine, and rich cultural heritage. Charleston boasts a thriving arts scene and is home to many museums, galleries, and theaters. Another great place to live in South Carolina is Greenville, a thriving city in the foothills of the Blue Ridge Mountains. Greenville offers a high quality of life, with excellent schools, a bustling downtown area, and plenty of outdoor recreation opportunities.

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Danvers Branch

Reading Branch

North Andover Branch

Winthrop Branch

Milton Branch

South Carolina at a Glance

Population

5,124,712

Average Household Income

$81,142

Lower cost of living

Top 3 Industries: Agribusiness, Automotive , & Logistics

South Carolina Mortgage & Housing Market Insights

Median Household Income

According to the U.S. Census Bureau, the median household income in South Carolina is $99,858. Don't let that deter you from exploring financing. We have several programs that can help you save.

Median Home Price

Zillow reports that the average home value in South Carolina is $628,654, reflecting a 5.1% increase over the past year.

Affordability Index

Research indicates that the median household income as a percentage of home value is 15%. While this suggests that housing affordability is a significant challenge here, we can help!

Financed Property Types

The most commonly financed property types in South Carolina continues to be single-family and multi-family homes.

Mortgage Options for South Carolina Homebuyers

Conventional Loans

Best for people with steady income and good credit who want low-interest rates.

VA Loans

A top choice for veterans, active military, and their families to buy a home with no down payment.

USDA Loans

Best for people buying a home in the country, with no down payment and low costs.

Renovation Loans

Helps buyers fix up a home while buying it, all in one loan.

Reverse Mortgages

A good choice for older homeowners who want to get money from their home without selling it.

Non-Conventional Loans

A good option for people who don’t qualify for regular home loans but need a special loan.

Jumbo Loans

Great for buying high-priced homes that need a bigger loan than usual.

HELOC Loans

Lets homeowners use the value of their home to get money for projects or bills.

FHA Loans

A smart pick for first-time homebuyers or people with lower credit who need a small down payment.

Ask Us About MassHousing

Partnered with MassHousing, we can offer eligible homebuyers additional savings on their home purchase. Speak to one of our South Carolina loan officers to learn more and discuss your eligibility.

Mortgage Pricing & Affordability Calculators

Crunch some numbers to see what options you may have. These calculators are a great way to start exploring your possibilities. To get a true loan estimate, reach out to one of our mortgage loan officers! We will get you pre-approved and shopping with confidence. 

Five Things to Know When Starting the Homebuying Process

Just getting started on your homebuying journey? Our free guide, 5 Things to Know When Starting the Homebuying Process, is packed with expert tips to help you feel confident and prepared from day one. Learn how to get pre-approved, understand hidden costs, act fast in competitive markets, and more. Download your copy today and take the first step toward smart, stress-free homeownership with NewFed Mortgage by your side.

Why More South Carolina Buyers Choose NewFed Mortgage

  • Fast closings (39% faster than industry average)
  • Local loan officers across the state
  • Modern (and mobile-friendly) tech + personal support
  • 20+ years of local mortgage lending
  • Family-owned, Chelsea-based roots
  • Named A Top Place to Work by The Boston Globe (2024)

What Our Clients Say About Us