You Can Get Up To 8K To Buy A Home Heres How

Dated: 10/16/2019

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Image result for palmetto heroes program 2019You can get up to $8K to buy a home. Here's how:

The Palmetto Heroes program is trying to make the community's nurses, teachers, police, firemen, EMT’s and veterans dreams a reality when it comes to buying a house.

Eligible Palmetto Heroes homebuyers can get a 3.875% interest rate through SC Housing’s First-time Homebuyer Program, as well as forgivable down payment assistance of $6,000.  The loans are for a 30 year mortgage and are available through participating lenders statewide. 

In addition, these heroes may also be eligible for a forgivable $2,000 grant from Federal Home Loan Bank of Atlanta for down payment and closing costs. That is $8,000 in potential assistance.

There are maximum income limits, so reach out to me to see if you qualify.

 WHO IS ELIGIBLE

Teachers–Borrower must have a South Carolina Teacher Certification and must be employed as a classroom teacher or have a contract to begin teaching and to receive a paycheck within 60 days of closing on the home.

 Police Officers–Borrower must be a full-time police officer with state or local government agency including correctional officers with the South Carolina State Department of Corrections.

 Fire Fighters and EMS–Borrower must be a full-time or volunteer fire fighter or EMS with a state or local government agency.  EMS may be employed by a company contracted by the county/city to provide EMS services.

 Nurses–Borrower must have a Nursing Degree and be employed as a nurse in a hospital, doctor’s office, school or other medical facility.

 Veterans–Borrower must be a person who has served in the active military, naval or air service (full time duty in the Armed Forces, other than active duty for training) who was discharged or released under conditions other than dishonorable discharge.

 National Guard–Active duty members of the South Carolina National Guard, any branch including SC State Guard.



SOURCE: WLTX-TV

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Cassie Grant

Cassie is the Director of Sales for the Top Charleston Agent Team with Berkshire Hathaway Home Services specializing in the Charleston, SC market. Cassie and her family currently reside on James Islan....

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