Many are looking to get into a new home or are moving because of changes in their careers. Now is a great time to be looking to buy a house and we here at Peak Personal Finance are looking at the best rates available in local areas around the country. Today, we’re looking at South Carolina.

Mortgage industry is picking up pieces after a massive recession in 2007 and 2008. Although the industry is still in a reconstruction phase, best home loans in South Carolina are attracting the attention of locals. People are interested to know about the best home mortgage rates in this region.

As for the best home mortgage rates in South Carolina, homeowners and buyers need to walk a fine line between speculation and calculated risks. For a basic loan amount of $165,000 and 20% for the down payment, homeowners can get the best deals from Horizon Financial. The company is offering an Annual Percentage Rate of 4.573% and mortgage rate of 4.375%. APR fees are $495 with an estimated monthly payment of $824.

First Citizens B&T Co. offers the next best mortgage interest rates with an APR of 4.863% and mortgage rate of 4.75%. APR fees are $487 with an estimated monthly payment of $861. G Square Financial is offering APR of 4.756% and mortgage rate of 4.5%. APR fees are $3,200 with an estimated monthly payment of $836.

Slightly higher best mortgage rates in South Carolina are offered by Amerisave Mortgage Corp. at 5.000%. Monthly payment is $886 but there are no APR fees. The interest rates are accrued in the Point 1 category of loans. Similarly, Flagstar Direct is offering APR of 5.257% and mortgage rate of 5.192%. APR fees are $1,200 with an estimated monthly payment of $905; this arrangement is available at 0 points.