South Carolina Housing FIRST TIME Homebuyer Program
I recently had the opportunity to sit down with the director of the SC Housing Homebuyer Program, Claude Spurlock, to get a better idea of what exactly does the FIRST TIME HOMEBUYERS PROGRAM offer my my buyers. I was very pleased with what I learned.
First, a first time home buyer is anyone who has not had a mortgage in the past three years. This requirement applies to all adult household occupants.
Second, if you need assistance with your down payment, you can get assistance from the state for your down payment, and a small monthly repayment amount, which is a second mortgage, is added into your mortgage payment. That’s pretty co...