Why Buy?
Why Buy?
Owning will ultimately cost you less
  • Percentage of Income needed to afford Median Rent: 27.7%
  • Percentage of Income needed to afford a Median Home: 17.5%
  • Below are your upfront costs to unlock the keys to your dream home and saving money!
Minimal Down Payment Options
  • 3% Down Conventional Loan (Not a homeowner in the last 3 years)
  • 3.5% Down FHA Loan
  • 5% Down Conventional Loan
  • 20% Down (Avoid having Mortgage Insurance)
  • 0% Down VA Loan
  • Can receive a gift from another individual to help pay this
  • SC Housing has down-payment assistance programs
Closing Costs and Pre-Paid Expenses

Closing Costs: Cost of doing business through Mortgage Network and your attorney

Pre-Paid Expenses: Setting up your escrow account, any transfer taxes or HOA initiation fees

Closing Costs and Pre-Paid Expenses can be negotiated to be paid by the seller and potentially financed into your mortgage

Do not let having minimal money in your bank account hold you back from buying your first or next home!
Why Refinance?
  • Rates are at 3 year lows so you may be able to get a better rate than what you currently have
  • As your lender I can cover some of the closing costs to make this a virtually free transaction
  • All I need is your current rate, estimated credit score, what your house is currently worth and your current principal balance to run a free quote
If you are looking to use your home as a piggy bank and utilize a lower interest rate to save money a Cash-Out refinance may be for you
Some scenarios where a cash-out refinance is advantageous
  • Debt Consolidation (Equity Lines, Credit Card debt, Auto Loans, Student Loans, etc.)
  • To help pay for your childís student loans (Mortgage Interest rates are significantly better than student loan interest rates)
  • Home Renovations
  • Would like to buy another property or land in cash
Donít have 20% to put down? Mortgage Insurance is reasonable and can save you money in the end
This monthly payment does not include, taxes, Insurance or HOA
Comparable rent at this price would be $1,800 to $2,200 per month



Aaron Benton

Phone: 843.505.5623
Email: abenton@mortgagenetwork.com
Mortgage Network, Inc.
1000 William Hilton Pkwy
Hilton Head Island , SC 29928


Suzanna Rose McDonald

Phone: 843.816.2547
Email: suzannarosem@gmail.com
Sea Pines Center
71 Lighthouse Road, Suite #515
Hilton Head Island , SC 29928


Visit us Online at www.hiltonheadluxuryproperties.com

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