Privateer

Searching for a Mortgage Broker in Privateer, South Carolina

Below are some Mortgage Brokers that service customers in Privateer, South Carolina that you may wish to consider.

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Our Privateer, South Carolina Mortgage Brokers are licensed professionals, and with each transaction you’ll find they have one common goal in mind, finding you the best deal with courteous customer service.  We are ready to answer your questions, explain loan options, and get you pre-qualified for a new Privateer, South Carolina mortgage.  So if you require a mortgage broker in Privateer, South Carolina then please call us at the number above. We have actually worked extremely hard to build our reputation in Privateer, SC and we’re working even harder, not just to keep that good reputation, but to continually try to improve it. We treat all of our customers with the utmost respect, no matter how complex the job in hand. When we complete your Privateer, South Carolina home purchase or refinance we want you to feel happy to leave us a 5-star evaluation and also to feel comfortable enough that you would recommend us to family and friends. You can always depend on us for your Privateer, South Carolina mortgage needs, so we’re on standby waiting to speak with you whenever you need us.

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More About Privateer

 

A privateer is a private person or ship that engages in maritime warfare under a commission of war.[1] The commission, also known as a letter of marque, empowers the person to carry on all forms of hostility permissible at sea by the usages of war, including attacking foreign vessels during wartime and taking them as prizes. Historically, captured ships were subject to condemnation and sale under prize law, with the proceeds divided between the privateer sponsors, shipowners, captains and crew. A percentage share usually went to the issuer of the commission. Since robbery under arms was once common to seaborne trade, all merchant ships were already armed. During war, naval resources were auxiliary to operations on land so privateering was a way of subsidizing state power by mobilizing armed ships and sailors.

In practice the legality and status of privateers historically has often been vague. Depending on the specific government and the time period, letters of marque might be issued hastily and/or the privateers might take actions beyond what was authorized by the letters. The privateers themselves were often simply pirates who would take advantage of wars between nations to gain semi-legal status for their enterprises. By the end of the 19th century the practice of issuing letters of marque had fallen out of favor because of the chaos it caused and its role in inadvertently encouraging piracy.