See programs you qualify for
Get Matched Free →Palmetto Heroes Program
Funding status: Active
How much assistance
$10,000 in forgivable down payment assistance
Zero interest, no monthly payments. 15-year second mortgage term. Fully forgiven after 15 years of owner-occupancy.
Eligibility
- Income limits: Subject to SC Housing first time homebuyer income limits, which vary by county.
- First-time buyer required: Yes — Must not have owned a home in the past 3 years.
- Credit score minimum: 640
- Geographic restrictions: Available statewide in South Carolina. Property must be owner-occupied primary residence.
- Homebuyer education required: Yes
How to Apply for Palmetto Heroes Program
Step 1: Funds available on a first come, first served basis. Must have an executed sales contract. Work with an SC Housing approved lender.
Notes
Seasonal program, typically launches in March each year. Eligible professions: teachers, nurses, law enforcement, correctional officers, firefighters, EMTs, paramedics, veterans, active duty military, National Guard members. Funds run out quickly.