Friday, April 16, 2010

NEW Housing Finance Rate Sheet

South Carolina State Housing Finance and Development Authority
300-C Outlet Pointe Blvd., Columbia, South Carolina 29210
Telephone: (803) 896-9396 FAX: (803) 896-8589

RATE SHEET FOR LENDERS

Effective Date: 12:00 PM April 16, 2010
CATEGORY I
Above 80% of Medium Income
See Income Charts for each County

DOWN PAYMENT ASSISTANCE AVAILABLE
Rate
First-Time Homebuyer Program
$5,000 Repayable
5.250
Single Parent Program
(First time homebuyer requirement waived)
$5,000 Repayable
5.250
Disability Program
(First time homebuyer requirement waived)
$5,000 Repayable
5.000

CATEGORY II
50.01% to 80% of Median Income
See Income Charts for each County

DOWN PAYMENT ASSISTANCE AVAILABLE
Rate
First-Time Homebuyer Program
$5,000 Forgivable
5.250
Single Parent Program
(First time homebuyer requirement waived)
$5,000 Forgivable
5.250
Disability Program
(First time homebuyer requirement waived)
$5,000 Forgivable
5.000

CATEGORY III
50% and below of Median Income
See Income Charts for each County

DOWN PAYMENT ASSISTANCE AVAILABLE
Rate
First-Time Homebuyer Program
$5,000 Forgivable
5.000
Single Parent Program
(First time homebuyer requirement waived)
$5,000 Forgivable
5.000
Disability Program
(First time homebuyer requirement waived)
$5,000 Forgivable
5.000

All the rates, fees, and terms on this sheet are for informational purposes for participating lenders only and are subject to change without notice. The customer’s rate will be the rate that is in effect on the date and time that the reservation is received by the Authority. For the APR (annual percentage rate), please contact one of our participating lending partners.


FOR ADDITIONAL INFORMATION SEE OUR WEBSITE
www.schousing.com
South Carolina State Housing Finance and Development Authority
300-C Outlet Pointe Blvd., Columbia, South Carolina 29210
Telephone: (803) 896-9396 FAX: (803) 896-8589

RATE SHEET FOR LENDERS
PALMETTO HEROES PROGRAM

Effective Date: 12:00 PM April 16, 2010
CATEGORY I
Above 80% of Medium Income
See Income Charts for each County

DOWN PAYMENT ASSISTANCE AVAILABLE
Rate
Palmetto Heroes Homebuyer Program
$5,000, $6,000 or $7,000 Repayable
5.125

CATEGORY II
50.01% to 80% of Median Income
See Income Charts for each County

DOWN PAYMENT ASSISTANCE AVAILABLE
Rate
Palmetto Heroes Homebuyer Program
$7,000 Forgivable
5.125


All the rates, fees, and terms on this sheet are for informational purposes for participating lenders only and are subject to change without notice. The customer’s rate will be the rate that is in effect on the date and time that the reservation is received by the Authority. For the APR (annual percentage rate), please contact one of our participating lending partners.

FOR ADDITIONAL INFORMATION SEE OUR WEBSITE www.schousing.com

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