SC Housing Partners with Federal Home Loan Bank Atlanta for 2019 Palmetto Heroes Funding
Above: Alexis Robinson, a teacher at A.C. Flora High, purchased her first home with a Palmetto Heroes mortgage loan.
June is National Homeownership Month, and to commemorate the event, SC Housing is pleased to announce the kickoff of the 2019 Palmetto Heroes program. Community service personnel in the areas of law enforcement, corrections, firefighting, emergency medical services, education, health care, and members of the SC Army National Guard, SC Air National Guard and veterans of the U.S. Armed Forces are eligible to apply.
Qualified homebuyers receive a 3.875% fixed mortgage rate and up to $8,000* in down payment assistance. Funding is limited and is available on a first-come, first-served basis. Borrowers must have a fully executed sales contract for the purchase of a home prior to locking the interest rate.
To learn more: SCHousing.com/Home/Palmetto-Heroes
*Palmetto Heroes down payment assistance is $6,000. This year, certain participants may also qualify for an additional $2,000 from the Federal Home Loan Bank Atlanta Community Heroes program. Private school teachers, nurses and CNAs, and veterans are excluded. Borrowers must apply for funding through a Federal Home Loan Bank Atlanta participating member financial institution.