State Buyer Guide
Down payment assistance, South Carolina housing programs, closing cost estimates, and what to know before buying — including from FSBO sellers.
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The SC Housing is your primary source for below-market mortgage rates and down payment assistance in South Carolina. Programs are available through approved lenders — not directly through the HFA.
Competitive 30-year mortgages with DPA.
Conventional loan option with reduced mortgage insurance.
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See real rates from multiple lenders with one soft credit pull. Credible pays up to $240 per funded loan — which means they have every reason to find you the best rate.
Compare Mortgage Rates →On a $295,000 home: approximately $6,785
South Carolina charges a deed recording fee of $3.70 per $1,000 (0.37%). Primary residences are assessed at just 4% of fair market value — significantly lower than investment properties.
South Carolina is an attorney-closing state. A licensed SC real estate attorney must conduct the closing. Budget $600–$900.
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Find an Inspector →As an attorney-closing state, South Carolina requires a licensed real estate attorney to conduct your closing. You'll also want one to review your purchase agreement.
Nolo has been the go-to legal resource for DIY buyers since 1971. Their real estate guides explain purchase agreements, contingencies, and closing in language anyone can understand.
Browse Legal Guides →Get a real estate attorney to review your purchase agreement or help you draft an offer letter — often for a fraction of traditional legal fees.
Get Legal Help →Download state-specific purchase agreements, addenda, and disclosure forms — written by attorneys, ready to use in your state.
Browse Real Estate Forms →South Carolina first-time buyers can access programs through the SC Housing (https://www.schousing.com/), including the SC Housing Homebuyer Program (DPA up to $12,000 as a forgivable grant or deferred second mortgage) and the SC Housing Palmetto Home Advantage (Reduced MI plus DPA assistance available). Federal programs like FHA loans (3.5% down) and USDA loans (0% down in eligible areas) are also available.
Closing costs in South Carolina typically run 2.3% of the purchase price. Transfer tax: 0.37% ($3.70 per $1,000). South Carolina charges a deed recording fee of $3.70 per $1,000 (0.37%). Primary residences are assessed at just 4% of fair market value — significantly lower than investment properties.
South Carolina is an attorney-closing state. A licensed SC real estate attorney must conduct the closing. Budget $600–$900.
The median home price in South Carolina is approximately $295,000. Property taxes average 0.56% of assessed value annually.
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