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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
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
2023-07-03
Keywords
South Carolina Housing Homebuyer Program, House buying--South Carolina, Mortgage loans--South Carolina, Economic assistance, Domestic--South Carolina
Type
Rights
Copyright status determined to be in the public domain on April 27, 2020 by United States Supreme Court ruling (Georgia et al., Petitioners v. Public.Resource.Org, Inc. : 590 U.S.__(2020))
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