South Carolina Reverse Mortgage Companies

South Carolina's weather is relatively mild for being in the Eastern portion of the states. With the weather and the number of golf courses and senior friendly communities in South Carolina, the state is home to a growing senior population. Many seniors are outliving their retirement nestegg and are opting to tap into their home equity in the form of a reverse mortgage, or more formally known as a home equity loan conversion (HECM). SC is home to a lot of seniors, especially in areas such as Columbia, Charleston, Rock Hill, Greenville, Spartanburg, Sumter, Florence and of course Myrtle Beach.

Reverse Mortgage Quick Facts

Seniors looking to qualify for a South Carolina reverse mortgage will find out that it is a lot easier to qualify for a HECM mortgage than a traditional mortgage since credit scores and income are not used when applying for a reverse mortgage. The many uses of reverse mortgages include home care and other living expenses.

Reverse Mortgage Lenders in SC

Franklin Funding, Inc.

Matt Barber
843-762-2218

GMFS, LLC

Toby Arceneaux
225-214-5150

Southern Trust Mortgage LLC

Bonnie Miller
443-738-9130

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