Typical assistance ranges from $15,000 to $25,000, depending on program eligibility. See what down payment assistance programs & grant options you have!
south Carolina's Primary Statewide Down Payment Assistance Program
One of South Carolina's largest and most established homebuyer assistance programs, administered at the state level. Designed to help qualified buyers across South Carolina — including both first-time buyers and those who haven't owned in the past three years — reduce the cash needed to close.
Assistance structured as a second mortgage at 0% interest rate.
Available alongside 30-year fixed-rate first mortgages
Eligible in most South Carolina counties, including rural areas
Palmetto Home Advantage Program
Available to both first-time and repeat buyers. Up to approximately 4% of the loan amount for down payment and closing costs. Structured to make homeownership more accessible by removing a significant portion of the upfront cost barrier.
No monthly payment required on the assistance portion.
Richland County Homeownership Assistance Program (RCHAP)
Up to $24,500 offered as a forgivable 2nd loan.
Low Down Payment Options
More Affordable Interest Rates
There are also low down payment options available the may have more affordable interest rates & mortgage insurance.
Allows for non-occupant co-borrowers and doesn’t require borrower to be a first time home buyer.
USDA & VA
USDA and VA programs
USDA and VA both offer zero down, 100% financing options.
Requirements include: Credit score, income, rural location or military service.
South carolina first time homebuyers
South Carolina first time homebuyers
There are many great down payment assistance programs, grants and even loans available to first time homebuyers in South Carolina that help with the high upfront cost of buying a home. See what is available for 2026!
Typical assistance ranges from $15,000 to $25,000, depending on program eligibility.
Thousands of South Carolina Buyers Use Assistance Programs Every Year
Many qualified buyers reduce the upfront cost of homeownership using available programs designed to support affordability.
Eligibility varies based on income, credit profile, and location.
Check Eligibility
✔ No impact on credit ✔ No obligation ✔ Secure form
