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Homebuyer Program : Why Rent When You Can Buy?
South Carolina State Housing Finance and Development Authority
South Carolina State Housing Finance and Development Authority
Files
Abstract
The SC Housing Homebuyer Program is FHA/VA/USDA and conventional fixed-rate mortgages offering forgivable down payment assistance (DPA) for first-time homebuyers. The DPA may be used for down payment and closing costs. In “non-targeted counties” the borrower must be a first-time homebuyer OR have not owned a principal residence in the three (3) years preceding the date on which the loan is closed. In “targeted”counties,* the borrower must not own a home or have any ownership interest in a home at the time of closing. The maximum home price limit is $395,000.
Issue Date
2024-12-01
Keywords
South Carolina Housing Homebuyer Program, House buying--South Carolina, Mortgage loans--South Carolina, Economic assistance, Domestic--South Carolina
Type
Document
Rights
Records, documents, and information made available by the agencies of the South Carolina state government or its subdivisions are made accessible through the South Carolina State Library Depository and are protected under U.S. Copyright law (Title 17, U.S.C.) and South Carolina state law (Title 30 and 60, S.C.C.L.). Distribution rights are determined by the agency or author and users should contact the aforementioned for more information.
Digitization Specifications
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