Special Loan Program For 1st Time Buyers In SC
Looking to purchase your 1st residence in South Carolina but find yourself at a loss as to where to turn for a mortgage loan? Look no further. First time home buyer loans in South Carolina are provided by the South Carolina State Housing Finance and Development Authority (SCSHFD). Not only do they provide competitive rates on your mortgage loan, they also provide other instrumental programs for 1st time home buyers.
Here are some details on SCSHFD’s loan program:
Competitive interest rates along with down payment assistance*
South Carolina State Housing Finance and Development Authority First-Time Home Buyer Mortgage Loan Program assists low-to-moderate income S.C. families and individuals by offering a competitive market fixed interest rate mortgage loan. SC Housing also offers down payment assistance based on availability, which may be used toward down payment and closing costs. Applying for the Mortgage Loan Program is simple; contact one of our Participating Lending Partners by selecting the tab from the list at the right side of the screen. You may also select the South Carolina State Housing Finance and Development Authority Loan Program tab to learn more about each feature available.
For complete details on this loan, including contact information and instructions on how to apply, please visit this SCSHFD loan page.
More South Carolina First Time Buyer Resources
In addition to the above first time homebuyer loan from SCSHFD, there are resources available as well. Be sure to visit South Carolina down payment assistance, as well as our page that shares details about grants available in SC to purchase your first home.