SC First Time Homebuyers Program
Low down payment mortgage program with no PMI for first-time homebuyers in South Carolina.
SC First Time Homebuyers Program
Who’s Eligible?
- 95% of sales price or valuation (whichever is lower).
- 5% down payment (can be earned money or a gift).
- Rate adjusts periodically after fixed rate for 7 years; flexible terms.
- No origination fee.
- No private mortgage insurance (PMI).
First-Time Homebuyer Resources
See All Resources
- Hometown Hero Brochure/PDF
- Medical Professionals Brochure/PDF
- Homebuyer’s Roadmap
- Mortgage Calculator
- When Do I Apply for a Mortgage?
- Are You Ready to Make an Offer?
- Are You Ready to Search for a Home?
- Find a Realtor to Represent You
- Meet With Your Lender Before You Make a Home Offer
- Looking to Buy a Home? Establish a Budget
- Check Your Credit Before You Start Your Home Search
- Greenville’s Growing Commercial Real Estate Market
- Teachers: Did You Know You May Qualify for Special Mortgage Terms?
- What Is a Variable Rate Mortgage?
- Home Equity Loans
- Medical Professional Mortgages
- Mortgage Brokers and Loan Officers: What’s the Difference?
- How Does My Credit Score Impact My Ability to Secure a Loan?
- What Is Mortgage Insurance?
- What Are the Different Types of Mortgage Loans?
- First Time Homebuyer’s Guide to Mortgages In South Carolina
Working With
Arthur State Bank
Our mortgage loan officers are well-versed in the market and will guide you every step of the way. We’re always available to answer any questions, and everything is done in the same local community you’ll be calling home. Contact us now to learn more or start your application.
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