South Carolina First-Time Home Buyer Programs 2026
Up to 5% DPA available through South Carolina State Housing Finance and Development Authority (SC Housing). SC Housing Homebuyer Program offers 3-5% DPA forgivable after 10 years.
Max Assistance
Up to 5% DPA
Type
0% deferred forgivable
Min Credit
620+
Max Home Price
$350,000
Ready to apply for South Carolina assistance?
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South Carolina First-Time Buyer Programs Comparison
| Program | Max Assistance | Type | Min Credit | Income Limit |
|---|---|---|---|---|
| SC Housing Homebuyer Program Best statewide program | Up to 5% | 0% forgiven after 10 yrs | 620+ | $75K–$97K |
Eligibility Requirements
- ✓620+ credit score
- ✓Income within SC Housing limits
- ✓Homebuyer education required
- ✓Primary residence in SC
Pro Tip
Available statewide: Columbia, Charleston, North Charleston, Mount Pleasant, Rock Hill.
How to Apply for South Carolina Programs
Get Pre-Approved
Work with a SC Housing-approved lender. They handle the state program paperwork for you.
Complete Education
Take the required homebuyer education course (online, ~6 hours, ~$75). Required by most state programs.
Close & Get Funds
The 0% deferred forgivable is applied at closing — you don't pay extra at the table.
Official Agency
South Carolina State Housing Finance and Development Authority
SC Housing — South Carolina official housing finance authority
Frequently Asked Questions
What is the best first-time home buyer program in South Carolina?
The best program in South Carolina is the SC Housing Homebuyer Program, which offers Up to 5% as a 0% forgiven after 10 yrs. Minimum credit score: 620. Income limit: $75K–$97K.
How much down payment assistance is available in South Carolina?
South Carolina offers up to Up to 5% DPA through South Carolina State Housing Finance and Development Authority (SC Housing). The assistance is structured as a 0% deferred forgivable. Income limits are $75,000–$97,000 depending on household size and county.
What credit score do I need for South Carolina first-time buyer programs?
Most South Carolina programs through SC Housing require a minimum credit score of 620. Some programs may accept lower scores with compensating factors. Check with an SC Housing-approved lender for your exact score requirements.
What is the income limit for South Carolina first-time buyer programs in 2026?
In 2026, South Carolina income limits are $75,000–$97,000 depending on household size and county. The home price limit is $350,000. These limits are set by South Carolina State Housing Finance and Development Authority.
Don't Leave Up to 5% DPA on the Table
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