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South Carolina Federal Announces Best Mortgage Guarantee

Thursday, December 08, 2011

(N. CHARLESTON, S.C.) – December 8, 2011 South Carolina Federal Credit Union announces a new initiative to attract first mortgage business. The Best Mortgage Guarantee offers the best mortgage rate by comparison shopping any competitor’s rate.

“Buying a new home can be stressful on many levels.  With our Best Mortgage Guarantee members are reassured they’re receiving the best overall deal,” said Marino Cecchi, Vice President, Mortgage.  “A mortgage is more than just an interest rate—there are other expenses such as discount points and origination fees that increase the Annual Percentage Rate—we factor all of those components in our mortgage offer.”

Anyone interested in buying a new home is encouraged to contact a South Carolina Federal mortgage loan officer.  Those who have already researched rates can provide a South Carolina Federal  mortgage loan officer the link to the other mortgage lender’s offer. The competitor’s offer must be from a federally regulated mortgage lender’s fully transactional mortgage website. 

The Best Mortgage Guarantee is available to existing members as well as new members.  Anyone who lives, works, worships, or attends school in Charleston, Berkeley, Dorchester, Calhoun, Georgetown, Orangeburg counties, and most of Lexington and Richland counties, is eligible to join.

Each situation will be unique to the borrower and their future home, and the Best Mortgage Guarantee may include: reduced closing costs, reduced interest rate, or a combination of both lower closing costs and lower interest rate.

For more information, visit scfederal.org/mortgage .

About South Carolina Federal
South Carolina Federal Credit Union is headquartered in North Charleston. More than 140,000 members own and belong to the not-for-profit financial cooperative, which has over $1.3 billion in assets. South Carolina Federal is a community-chartered credit union. Anyone who lives, works, worships or attends school in Charleston, Berkeley, Dorchester, Calhoun, Orangeburg or Georgetown counties, and most of Lexington and Richland counties, is eligible to join. South Carolina Federal has 17 branches, and more than 74 ATMs throughout Charleston, Columbia and Georgetown. In 2008, South Carolina Federal, for the second consecutive year, was voted one of the Best Places to Work in the state. More information about South Carolina Federal can be found at 
scfederal.org or on the SiMPLE CENTS blog at simplecentsblog.org .

 

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Contact:
Jessica Jackson
VP-Corporate Communications
South Carolina Federal Credit Union
843-569-4359 (office)
scfederal.org



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