Atlantic Community Bank focuses on providing locally led financial services for Beaufort and Jasper Counties. We strive to provide mortgage solutions that will best serve you, our customer!
Choosing the Right Program
The mortgage that best meets your needs depends upon a number of factors personal to you and your overall financial life goal. By combining attentive listening with our years of local market experience, together we determine the right plan for you. After all,
It's Your Money, It's Your Bank
Please contact:
The Mortgage Department - Click Here to Send EmaillWe offer mortgage solutions for: Purchasing, refinancing, investment property and second homes.
- Interest Only
- Interest payments, paid monthly
- Payments are lower than fully-amortized loans
- Interest First Loans
- A mortgage where the borrower pays on the interest portion of the monthly payments during an initial period of the loan
- Lot Loans
- Loans to purchase a parcel of residential and commercial land to build a house
- Loans to purchase a parcel of land for investment purposes
- Equity Lines
- Access to equity in your residential property
- Interest payments, paid monthly
- Loans for up to 10 year terms
- 100% Loans
- Multiple sources of subordinate financing are allowed, often referred to as 80/20
- Ideal first time home buyers and move up borrowers
- Reverse Mortgages
- A reverse mortgage is a loan that enables senior homeowners, age 62 and older, to convert part of their home equity into tax-free* income- without having to sell their home, and give up title to it, or make monthly mortgage payments. The loan only becomes due when the last borrower (s) permanently leaves the home.
*Consult tax advisor
- A reverse mortgage is a loan that enables senior homeowners, age 62 and older, to convert part of their home equity into tax-free* income- without having to sell their home, and give up title to it, or make monthly mortgage payments. The loan only becomes due when the last borrower (s) permanently leaves the home.
- Construction to Permanent Loans
- One time close loan program allows borrowers to obtain a construction loan and permanent financing in one simple transaction
- Bridge Loans/ Wrap Around
- Custom financing terms, utilizing equity in multiply properties providing the opportunity to purchase a home before other property is sold.
- Interest only payments
- Fixed Rate Loans
- A mortgage in which the interest rate and payment remain the same for the life of the loan
- 10 years - 40 years
- Adjustable Rate Loans
- A mortgage which normally has a lower start rate and allows for periodic adjustments (changes) to the interest rate in accordance with a specified index.
- 1 year adjustable rate loans up to 10 year adjustable rate loans
- Pay Option Adjustable Rate Loans
- These loans are used for large loan amounts, second homes, and investment properties
- The Pay Option Arm program offers borrowers significant payment flexibilities with a low initial minimum payment and up to three additional payment options each month.
- First Time Homebuyers
- 100% financing available
- Expanded Approvals
- Flexible 97% loans
- No Documentation, Reduced Documentation, and Low Documentation Home Loans
- These loans are for the borrower that does not want to provide us with documentation, such as tax returns and bank statements
All applications are subject to satisfactory review as determined by Atlantic Community Bank.
