Fort Mill SC Real Estate | Buy A House Rock Hill SC » down payment assistance programs http://sharonsellscarolina.com Buy or sell your home in the Charlotte NC or Fort Mill, Rock Hill SC area. Mon, 21 May 2012 19:54:10 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 SC Sate Housing Palmetto HERO Program http://sharonsellscarolina.com/658/sc-sate-housing-palmetto-hero-program/ http://sharonsellscarolina.com/658/sc-sate-housing-palmetto-hero-program/#comments Thu, 11 Mar 2010 23:49:34 +0000 SharonS http://sharonsellscarolina.com/?p=658 I am so thankful for those that serve my community, and here is a program to help pay it forward for their service.
This program is for POLICE OFFICERS, FIRE FIGHTERS, EMS, AND TEACHERS.
It is for FIRST TIME HOMEBUYERS.  In York County, a first time homebuyer is designated as someone who has not owned a home within the past 3 years.
This down payment assistance is used in conjunction with an FHA loan.
  • The down payment assistance available is $7,000.
  • To qualify for the Forgivable down payment option, a 1 person household’s income in YORK County cannot exceed $37,250 and $42,550 for a 2 person household.
  • Must live in the home 5 years in order for the loan to be completely forgiven.
  • The Home price is up to $208,000 in YORK county.
  • 640 minimum credit score
  • The interest rate is 5.125% on a 30 yr fixed rate.

Call me or email me for more information on this program. sharon@SharonSellsCarolina.com

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