Category Archives: homebuyer

What Do Low Mortgage Rates in a Strong Housing Market Mean for Greenville, SC?

The nation is seeing historically low mortgage rates. In a booming housing market surrounded by growth, this presents buyers a great opportunity to invest in high-value properties at a low interest rate.This is especially true for Greenville, South Carolina. Arthur State Bank has two branches in Greenville, and we’ve witnessed the growth and thriving markets…Read More→

Teachers: Did You Know You May Qualify for Special Mortgage Terms?

The back-to-school season is an exciting time for teachers. If you’re a teacher, you probably spent the summer working on lesson plans, collaborating with colleagues and maybe even spared a moment or two to relax. We know you work hard and we appreciate all the work that you do. As a teacher, you may qualify…Read More→

Medical Professional Mortgages

The average medical student graduates with $200,000 in student loan debt. That means potential student loan payments of $2,000 per month or more. And high student loan rates are just one reason medical professionals, especially those just starting their careers, face challenges in obtaining traditional mortgages.  There is hope, though. Arthur State Bank, a community…Read More→

Mortgage Brokers and Loan Officers: What’s the Difference?

Buying a home can seem like a complex process. In addition to the challenges of finding your perfect home, finding the right financing can also be a challenge. There are two types of financial professionals you may run into as your shopping for a mortgage. You may encounter mortgage brokers and mortgage loan officers. Although…Read More→

What Are the Different Types of Mortgage Loans?

A mortgage is the most significant financial transaction most people will ever make. Withlow mortgage rates, it’s a great time to buy a home. Whether this is your first mortgage or your fifth, it’s important to take a close look at the different types of mortgage loans, including home equity loans and lines of credit….Read More→