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Founders Federal Credit Union First-Time Homebuyer Program

Administered by:
Founders Federal Credit Union
· Nonprofit · Zero-Interest Loan
Funding status: Active

How much assistance

Finance up to $350,000 with only $1,000 minimum in the transaction; no PMI required

Eligibility

  • Income limits: No specific income limits published; standard credit qualification required
  • Purchase price limit: $350,000
  • First-time buyer required: Yes — Must be purchasing first home in South Carolina or North Carolina.
  • Geographic restrictions: Available for homes in South Carolina and North Carolina.
  • Homebuyer education required: No

How to Apply for Founders Federal Credit Union First-Time Homebuyer Program

Contact Founders Federal Credit Union to apply. Only requires a minimum of $1,000 in the transaction, which can cover closing costs, prepaids, or down payment. 30-year fixed rate term with no PMI.

Learn More About Homebuying Assistance

Cities Where This Program Is Available (5 cities across 1 state)