Yes. HomeSpring Mortgage provides non-traditional residential financing for borrowers purchasing or refinancing their own homes. We work with clients who may not fit standard bank programs—such as those who are self-employed, have recent credit events, or need flexible income documentation—to help them achieve homeownership without the red tape.
Our residential loans are non-QM (non-qualified mortgage) products. That means we can approve loans based on bank statements, asset positions, or overall financial strength, rather than strictly on W-2 income or automated credit scoring. This approach helps qualified borrowers who have strong financial footing but non-traditional profiles—like business owners, contractors, or retirees.
Yes, in many cases. We review the full payment history and context, not just whether every payment was on time. Borrowers who have since stabilized income or resolved short term financial challenges may still qualify for a refinance, especially when there’s solid equity in the property. HomeSpring’s goal is to create a clear path toward long-term financial stability and lower-cost financing in the future.
Yes. We consider manufactured, modular, and select mobile homes that meet state construction and titling standards. Each property is reviewed for marketability, location, and overall value.
Because underwriting and funding are done in-house, most loans close in 10–15 business days after title and appraisal are complete. Construction or rehab loans may require a few extra days for draw-schedule setup.
For projects involving construction or renovation, funds are held in escrow and released through controlled draw inspections. This ensures funds are used appropriately while protecting both borrower and lender throughout the project.
We lend on a variety of real estate asset types across South Carolina, including:
Yes. HomeSpring focuses on collateral strength, equity position, and project viability over credit scores alone. Many of our borrowers are rebuilding credit or working outside conventional lending guidelines.
While requirements vary, most applications include:
• Completed loan application
• Property address and estimated value
• Purchase contract or rehab budget
• Income verification or rent roll (for investment properties)
• Entity documentation for LLCs or business-purpose loans
We build long-term relationships with repeat clients, offering streamlined approvals, direct communication, and fast closings. Many investors rely on HomeSpring as their dedicated financing partner for ongoing acquisitions and development projects.
