Eligible participants can benefit from a competitive, fixed-rate mortgage through SC Housing’s First-time Homebuyer Program and receive $12,000 in forgivable down payment assistance. The initiative, available on a first come, first-served basis starting April 15, requires an executed sales contract on a home.
The 30-year mortgage loans are accessible through SC Housing’s network of over 100 participating lenders statewide, subject to meeting first-time homebuyer and income requirements. The program, not applicable for refinancing, has historically seen high demand, with reservations typically filling up within a few months.
