How much is a down payment on a house in South Carolina?

The FHA requires a 3.5% down payment, so for the median sale price in South Carolina ($384,700), that's $13,465. Learn more about down payments for an FHA loan in South Carolina.

What is the maximum FHA loan amount in South Carolina?

The maximum FHA loan amount for most counties in South Carolina is $420,680. If you live in Berkeley County, Charleston, or Dorchester County, your loan limits are $473,800.

What credit score is needed to buy a house in South Carolina?

To get an FHA loan in South Carolina, you need at least a 580 credit score. If your down payment exceeds 10% of the home’s purchase price, then the lowest credit score you can have is 500.

Steven Porrello

Contributing Writer

Steven Porrello is a regular contributor at Anytime Estimate. When he's not writing about real estate and investing, Steven spends his time surfing, reading on the beach, and traveling.

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