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S.C. State Housing Loan Programs

South Carolina State Housing First Time Homebuyer Program makes purchasing a home more affordable for low-to-moderate income families and individuals by offering a fixed, below market interest rate mortgage loan. South Carolina State Housing also offers up to $4,000 to assist eligible borrowers with their down payment and closing costs.

South Carolina State Housing has a number of programs that may help you in purchasing your own home. We offer several interest rates based upon your income and the county in which you wish to purchase your home.

Our programs are offered to "First Time Homebuyers". This means that you are purchasing your first home or have not owned a home in the last three years. This requirement must be met for the following "non-targeted" counties:

  • Aiken
  • Anderson
  • Charleston
  • Greenwood
  • Greenville
  • Lancaster
  • Lexington
  • Oconee
  • Pickens
  • Richland
  • Spartanburg
  • York

For all counties not listed, this requirement is waived. For these "targeted" counties, you must not own a home at the time of closing. This waiver may also apply to our specialty programs.

Eligible Properties

Eligible properties are any new and existing single family homes, townhouse, condominiums, as well as new off-frame modular and manufactured housing. These homes must meet FHA requirements. The sales price of the home must be less than the maximum sales price limits for the county in which the home is located.

Steps to Qualification

NMLS ID #183964
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