Quinton D. Carter

06/20/2025

🏡 The RIGHT mortgage starts with the RIGHT partner.
Now through September 30th, 2025, First Community Bank is offering Appraisal and Inspection Cost Assistance to help you move one step closer to homeownership! 🙌

Whether you're:
✅ Buying your first home
✅ Looking for renovation loans
✅ Exploring VA, FHA, or USDA options
✅ Needing construction-to-permanent financing
✅ Searching for down payment assistance

—we've got a loan product to fit your needs.

With over 30 years of dedicated service, we offer the local advantage:
✔️ Responsive service
✔️ Dedicated loan processors
✔️ In-house management from start to finish

📞 Let's talk about your homeownership goals!
📧 [email protected]
📱 803.462.6261 | 803.900.3424

🔗 www.firstcommunitysc.com/banker-pages/quinton-carter
NMLS #1592952 | Member FDIC | Equal Housing Lender

03/28/2025

👀👀👀

01/07/2025

🔑 1. The main difference between preapproval and prequalification is the level of verification your lender does before they issue you an estimate. Prequalification: When you get a prequalification, your lender collects only basic financial information. Preapproval: When you get pre-approved for a mortgage loan, your lender has verified at least some of your financial information. Your lender might require you to submit bank statements or allow them to view your credit report before you get preapproved.

🔑 2. If you have a lower credit score and you’re buying your first home, consider an FHA loan. These are government-backed and allow lenders to issue FHA loans with lower credit and income requirements compared to conventional loans. With an FHA loan, you can typically buy a home with as little as 3.5% down.

🔑 3. The 20% myth comes from mortgage lenders’ private mortgage insurance (PMI) requirement. PMI is a type of protection that compensates your mortgage lender if you default on your mortgage loan. The PMI requirement is why many financial experts recommend you wait to buy a home until you have 20% down. Keep in mind that if you do buy a home with PMI, you can cancel your payments once you reach 20% equity in your property.

Call today to explore the mortgage solution best suited to your needs!

Quinton Carter
First Community Bank
NMLS # 1592952
M: 803-900-3424
E: [email protected]
https://www.firstcommunitysc.com/banker-pages/quinton-carter

11/14/2024

🏡Three major reasons to consider a mortgage, beyond buying a home, include:

💵Home Renovations: Need funds for major updates or repairs? A cash-out refinance can provide the capital needed for renovations, which can increase your property’s value.

💵Debt Consolidation: Mortgage refinancing can consolidate high-interest debts, such as credit cards or personal loans, into one lower monthly payment.

💵Education Expenses: Accessing home equity can also help cover college tuition or other educational costs, allowing flexibility to invest in the future.

If you’re interested in exploring these options, DM or call me today! NMLS #159295

P: 803-900-3424

10/23/2024

Understanding the Costs of Acquiring a Mortgage

Purchasing a home involves more than just securing a mortgage. Here's a breakdown of some key costs to keep in mind:

🏡 HOA Fees: If your new home is part of a homeowner's association, be prepared for monthly or annual fees to cover neighborhood maintenance and amenities.

✍️ Closing Costs: These can include lender fees, title fees, and other charges tied to finalizing your mortgage. They typically range from 2% to 5% of the home’s purchase price.

🔍 Appraisal Fees: An appraisal, usually costing between $300-$600, ensures your home’s value aligns with the loan amount.

🏠 Home Inspection: To avoid surprises, hiring a professional to inspect the home for structural and maintenance issues can cost $300-$500.

📋 Homeowners Insurance: Protect your investment with homeowners insurance, required by lenders. Costs vary, but it’s an essential part of your monthly expenses.

Make sure you’re prepared for these costs along with your mortgage payment!

For more guidance, feel free to reach out.

DM Me or Call/Text 803-900-3424

NMLS #1592952 | First Community Bank

🏡 Mortgage Lender | First Community Bank
📍 Nationwide Service | NMLS:1592952
💼 Turning homeownership dreams into reality
👇🏾Click the link to website to start your Journey!
https://www.firstcommunitysc.com/banker-pages/quinton-carter

10/21/2024

Ready to Buy a Home? Let's Get You Approved! 🏡

Before you start house hunting, it's important to know what lenders look for to get you pre-qualified for a mortgage. Here are the key factors:

1. Good Credit: Your credit score plays a big role. Higher scores can mean better interest rates and loan options.

2. Verifiable Income: Lenders need to see stable and consistent income to ensure you can handle monthly payments.

3. Debt-to-Income Ratio (DTI): Keep your debt manageable! Your DTI is the percentage of your income that goes toward debt payments. The lower the ratio the better!

4. Down Payment: While some loans require as little as 3%, a larger down payment can reduce your monthly payment and eliminate the need for private mortgage insurance (PMI).

Got questions or ready to take the next step? Contact me today! I’m here to guide you through the process.
📩 DM me or call/text me 803-900-3424 for more information!

NMLS #1592952
First Community Bank

🏡 Mortgage Lender | First Community Bank
📍 Nationwide Service | NMLS:1592952
💼 Turning homeownership dreams into reality
👇🏾Click the link to website to start your Journey!
https://www.firstcommunitysc.com/banker-pages/quinton-carter