South Carolina expands home-buying assistance with Palmetto Heroes Program
If you thought buying a new home was out of reach, a newly-expanded program in the state of South Carolina may change that. In May of 2020, the Palmetto Heroes Program was expanded to include healthcare workers, teachers, first responders, veterans, and other frontline workers who have been working tirelessly in the face of the COVID crisis.
People in the following professions are now eligible for the program:
Qualified homebuyers can receive a 3.5% fixed rate mortgage and up to $10,000 in down payment assistance. The qualifying credit score has also been lowered, in addition to changes to income requirements. Depending on your income and family size, homebuyers in the program can purchase a home up to $300,000.
Saussy Burbank homes for Palmetto Heroes
The Cottages at Nexton collection falls well within the Palmetto Heroes Program price range, meaning you could be in a brand new home in Charleston’s most popular neighborhood by fall. Highly energy efficient, these homes blend coastal Lowcountry style with clean modern design. They’re also flexible – an open downstairs floorplan lets you utilize every square footage just the way you like.
Want to explore your options? Reach out to our agents today to determine your eligibility for the Palmetto Heroes Program. In the meantime, browse all our Charleston-area homes.
