“Palmetto Heroes” offered $15 Million in assistance to buy a home
Teachers, firefighters, EMS workers, nurses, military veterans and those in law enforcement may be eligible for low-interest loans and down payment assistance to purchase a home under the “Palmetto Heroes” program. The program, which has been available in South Carolina for three years has now been expanded to veterans, according to an announcement by SC State Housing today.
Up to $15 million in assistance is available and eligible home buyers can get a fixed rate of 4.625% on their mortgage and down payment assistance of up to $5,000. The down payment assistance might even be forgivable over time in some cases, depending on the borrower’s income.
You can get more information at www.schousing.com.
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