Author: Paul Hankins – Page 10

Paul Hankins, founder of Brickwood Mortgage, is a South Carolina native, entrepreneur, and seasoned mortgage professional with more than 23 years of experience in residential lending, real estate investment, property management, and renovation projects in South Carolina.

Fixed vs. Adjustable-Rate Mortgages: How Mortgage Calculators Help You Choose

Mortgage application stamped "Approved" on a table with a calculator, pen, keys, and house paper cutouts.

The decision to choose between a fixed-rate mortgage and an adjustable-rate mortgage (ARM) is one of the most critical choices you’ll make when purchasing a home. The option you select will significantly impact your monthly payments and the overall cost of your home. In this blog, we’ll discuss how mortgage calculators, particularly for those in […]

Reverse Mortgage vs. Home Equity Loan: Which is Right for You?

Two people sit at a table with real estate documents, a model house, a key, and a pot of coins.

Deciding between a reverse mortgage and a home equity loan depends on your individual financial situation, needs, and goals. Both options allow you to tap into your home’s equity (either as the existing owner or during the purchase process), but they work differently and have distinct advantages and disadvantages. Here’s a comparison to help you […]

Why Do Lenders Charge Home Loan Prepayment Fees?

A model house with a red roof sits beside stacks of coins on wooden blocks.

When it comes to home loans, borrowers (including first-time buyers in SC) often aim to pay off their mortgages early to reduce interest payments and achieve financial freedom. However, many lenders impose prepayment fees, which can be a source of frustration for borrowers. With this in mind, we want to explore the reasons behind lenders […]

No Social Security?

If you don’t have a Social Security Account, you may want to look into this. With your free, personal my Social Security account, you can receive personalized estimates of future benefits based on your real earnings, see your latest Statement, and review your earnings history. It even makes it easy to request a replacement Social […]

Eric Gray – FAA Commercial Drone Pilot

A person with a beard, in a white shirt, controls a drone with a remote over a rocky coastline.

We’d like to Congratulate Eric Gray, as the newest FAA Commercial Drone Pilot on the Grandstrand! Contact Graycrest Realty for all your Drone for Hire needs. Paul HankinsPaul Hankins, founder of Brickwood Mortgage, is a South Carolina native, entrepreneur, and seasoned mortgage professional with more than 23 years of experience in residential lending, real estate […]