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How to Decide Between Renting and Buying in South Carolina

Deciding whether to rent or buy a home is a big decision, and it’s one that many South Carolinians face. Whether you’re new to the state or simply looking to make a change in your living situation, understanding the pros and cons of both renting and buying is essential. This decision depends on factors such […]

New vs. Old Homes in North Myrtle Beach: Pros & Cons

North Myrtle Beach, a picturesque city on the Grand Strand in South Carolina, offers a blend of coastal charm, recreational opportunities, and thriving real estate options. If you’re considering purchasing a home in this vibrant area, you might be weighing the choice between a new home and an older one. Each option comes with distinct […]

How to Choose the Right Reverse Mortgage Lender in South Carolina

Deciding to pursue a reverse mortgage can be a significant financial decision for many homeowners, especially seniors looking to tap into their home equity. Choosing the right reverse mortgage lender is crucial, as it can greatly influence your experience and financial outcome. If you’re considering a reverse mortgage in South Carolina, understanding what to look […]

Is a Home Inspection Required for a Conventional Loan?

When it comes to buying a home with a conventional loan, one of the most common questions that potential buyers have is whether a home inspection is required. While the answer is no— conventional loans do not mandate a home inspection—it’s essential to understand why having one can be a crucial part of the home-buying […]

Common Mortgage Process Mistakes and How to Avoid Them

Mortgage processes can be complex, and even small mistakes can lead to significant issues down the road. Being aware of common pitfalls and knowing how to avoid them can help you secure the best possible mortgage terms and ensure a smoother home-buying experience. At BrickWood Mortgage, we understand these challenges and are here to provide […]

Benefits of Refinancing Your Home: When is the Right Time?

Refinancing a mortgage can be a powerful financial tool for homeowners, offering the potential to save money and achieve various financial goals. However, knowing when and why to refinance can make a significant difference in the benefits you receive. In this guide, we’ll explore the advantages of refinancing and help you determine the right time […]

How to Secure an FHA Loan for Mixed-Use Properties: A Step-By-Step Guide

Obtaining an FHA loan for mixed-use properties can be a significant advantage for many investors. These loans, insured by the Federal Housing Administration (FHA), offer appealing terms and lower down payments. However, the process can be complex, especially if you’re new to mixed-use properties. Today, we’ll help you navigate the steps to secure an FHA […]

How a Mortgage Calculator Can Help You Budget for a New Home

Purchasing a new home is a major financial decision, and the process can be both thrilling and daunting. One useful tool to help manage this process is a mortgage calculator. By understanding and using a mortgage calculator, you can effectively plan your budget for a new home. Here, we explain the advantages of using a […]

Can You Sell A House with A Mortgage?

In the journey of homeownership, circumstances change, and the need to sell your home can arise even when you still have a mortgage. It’s a common question that puzzles many homeowners: Can you sell a house with a mortgage? The short answer is yes, you can. Selling a mortgaged property might seem daunting, but with […]

How Can You Reduce Your Total Loan Cost?

Buying a home is likely one of the biggest financial decisions you’ll make in your lifetime. Securing a mortgage loan is a significant part of that journey. But with the excitement of purchasing a new home, it’s easy to overlook the total cost of your loan over its lifetime. The good news is there are […]