Home Financing Frequently Asked Questions


Whether you’re buying your first home or your tenth, it’s likely that you have at least some questions about home financing. At Lucey Mortgage Corporation, we love helping local clients get informed about the mortgage options, so they can achieve their dreams and save big long-term. Read on to learn more about some home financing… [Read More]

Manufactured Home Financing


Manufactured homes, also known as trailer or modular homes, are an affordable housing option for many would-be homeowners. In this week’s blog, the professionals at Lucey Mortgage Corporation will introduce you to several manufactured home financing options to consider. If you live in Mount Pleasant, SC, and are considering purchasing a manufactured home and/or lot,… [Read More]

Fixed and Adjustable Rates: What You Need to Know

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Welcome to the Lucey Mortgage Corporation blog, where we discuss home financing topics that are important to would-be homeowners in Mount Pleasant, SC, and across the country. This week, we’ll explore fixed and adjustable rates and what they mean for borrowers in the short and long term. Read on to learn more and please contact… [Read More]

Low Down Payment Mortgage Options

modern home

A down payment is a sign of good faith that you, as a homebuyer, are committed to and financial stable enough to purchase a home. With many conventional mortgages, raising the funds for a down payment can be one of the last hurdles that stand in the way of worthy borrowers before they can close… [Read More]

Choosing a Real Estate Agent

New Family Home

Finding a home you’ll love may not take a village, but the process is made much easier when you have local industry professionals on your side. At Lucey Mortgage Corporation, we’re proud to be a partner in financing to clients looking for a great home and an affordable monthly payment. When it comes to finding… [Read More]

The Basics of Mortgage Insurance


Mortgage insurance is a way that lending institutions protect themselves if a borrower defaults on a loan. Also known as private mortgage insurance, PMI and MI, mortgage insurance is typically required on mortgages when a borrower puts down less than 20% on a home loan. Once he or she achieves 20% equity through regular mortgage… [Read More]

Prepare Yourself with Mortgage Prequalification

If you’re interested in purchasing a home, getting prequalified for a mortgage can help you feel prepared as you begin to look at property. When you’re prequalified, you know that you’re eligible for a loan and how much financing you can get. A skilled mortgage professional at Lucey Mortgage Corporation will look at your income,… [Read More]

The Basics of a Reverse Mortgage

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A reverse mortgage is a financing option that allows seniors to continue to live in their homes and receive cash or a credit line in exchange for their home equity. In this week’s blog, we’ll go over the basics, benefits and uses of reverse mortgage for your consideration. Like with any serious financial commitment, taking… [Read More]

How Much Mortgage Can You Afford?


If you’re interested in buying a home, one of the first things you’ve probably thought about is how much house you can truly afford. To determine how much you can afford, you’ll need to look carefully at your current finances and responsibilities and consider how they may change over the next few decades. You’ll also… [Read More]

Could Mortgage Refinancing Help You Achieve Your Goals?

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When you sign a mortgage contract, you’re making a serious commitment to a long-term financial obligation. That being said, mortgage refinancing can help clients maintain flexibility and ensure they are on track to meet their financial goals. There are two main divisions of mortgage refinance: rate-and-term refinance and cash-out refinance. Here, the mortgage professionals at… [Read More]