Bootcamp For Buyers

First Time Homebuyer Programs in South Carolina

South Carolina provides a variety of programs through SC Housing to assist first-time homebuyers. These initiatives offer financial support, competitive mortgage options, and tailored resources to make homeownership achievable.

SC Housing Homebuyer Program

The SC Housing Homebuyer Program provides affordable mortgages for eligible buyers.

  • Features 30-year fixed-rate loans with competitive interest rates.
  • Available for FHA, VA, USDA, and conventional loans.
  • Income and purchase price limits apply based on location and household size.

Down Payment Assistance Program

This program offers financial support for down payments and closing costs.

  • Provides up to $8,000 in assistance for eligible buyers.
  • Structured as a forgivable loan after 10 years of homeownership.
  • Must be used with an SC Housing mortgage product.

Palmetto Heroes Program

The Palmetto Heroes Program is designed to support community workers, such as teachers, first responders, and military personnel.

  • Offers competitive interest rates and down payment assistance.
  • Provides up to $12,000 in forgivable assistance.
  • Eligibility limited to specific professions and income requirements.

South Carolina’s first-time homebuyer programs provide the financial tools and resources needed to make homeownership more accessible. Explore these opportunities to find the perfect fit for your needs and take the first step toward owning your dream home in the Palmetto State.