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Some quick facts on South Carolina owner occupied homes with a mortgage1:
The median South Carolina home price is $123,437.
78.6% of South Carolina home owners have only a single mortgage.
Only 0.8% of home owners in South Carolina have both a second mortgage and a home equity loan.
While the median income for all of South Carolina is $47,680, the median income for owner occupied South Carolina homes with a mortgage is $56,704.
The median monthly South Carolina housing cost is $987.
South Carolina Median Annual real estate taxes are $723.
While the national average Expedian Credit score is 678, the average for South Carolina is 665.
Non-business bankruptcies in South Carolina have gone from 11,820 in 2000 to 15,280 in 2004.
The State of South Carolina Department of Consumer Affairs regulates mortgage loan brokers. The Mortgage Loan Broker Act was originally enacted in 1988. Approximately 516 mortgage brokers are licensed in the State of South Carolina. South Carolina’s licensee list is available for $5.00 from Barbara Childress, at (803) 734-42362.
South Carolina Counties:
Abbeville County, Aiken County, Allendale County, Anderson County,
Bamberg County, Barnwell County, Beaufort County, Berkeley County,
Calhoun County, Charleston County, Cherokee County, Chester County,
Chesterfield County, Clarendon County, Colleton County, Darlington
County, Dillon County, Dorchester County, Edgefield County, Fairfield
County, Florence County, Gerogetown County, Greenville County, Greenwood
County, Hampton County, Horry County, Jasper County, Kershaw County,
Lancaster County, Laurens County, Lee County, Lexington County,
McCormick County, Marion County, Marlboro County, Newberry County,
Oconee County, Orangeburg County, Pickens County, Richland County,
Saluda County, Spartanburg County, Sumter County, Union County,
Williamsburg County, York County
Source: US Census Bureau 2004 American Community Survey
Source: Coalition for Mortgage reform (www.mortgagereform.org)
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