FAMILIES WITH DISABILITIES HOMEBUYER PROGRAM

If you are disabled, the prospect of buying a home may seem impossible. The SC Housing Families with Disabilities Initiative allows borrowers with a permanent disability, or who have a family member with a permanent disability to apply. Homebuyers may live in any South Carolina county and total household income restrictions do not apply and must adhere to all SC Housing homebuyer requirements. 

FHA/VA/USDA with a special fixed rate mortgages with forgivable down payment assistance (DPA) are available to qualified homebuyers. The DPA is a second mortgage lien with a 15 year (180 month) term. If the homebuyer(s) remain in the home for the full term, the lien is forgiven. The interest rate on the DPA is 0% and there are no monthly payments. 

The maximum home purchase price is limited to $450,000.