Population
12000
First-Time Homebuyer Programs in James Island, SC (2026)
James Island is a charming coastal community just minutes from downtown Charleston, offering waterfront living, great schools, and easy access to Folly Beach. First-time homebuyers will find a range of affordable options with access to state and federal down payment assistance programs.
Median Home Price
320000
Estimated Closing Costs
8000
Charleston County Programs
| Program Name | Type | Amount | Min Credit Score | First-Time Buyer Required? |
|---|
South Carolina State Programs
| Program Name | Type | Amount | Min Credit Score | First-Time Buyer Required? |
|---|---|---|---|---|
| SC Housing Homebuyer Program | Forgivable Loan | $10,000 | 620 | Yes |
| Palmetto Heroes Program | Forgivable Loan | $10,000 | 640 | Yes |
| SC Housing Mortgage Credit Certificate (MCC) | Tax Credit | Up to $2,000 federal tax credit per year | 640 | Yes |
| Palmetto Home Advantage | Forgivable Loan | Up to 5% of loan amount (3%, 4%, or 5% options) | 640 | No |
Federal Programs
| Program Name | Type | Amount | Min Credit Score | First-Time Buyer Required? |
|---|---|---|---|---|
| FHA Loan Program | Government-Insured Mortgage | $0 down payment assistance (3.5% minimum down payment required) | 580 | No |
| VA Home Loan Program | Government-Guaranteed Mortgage | $0 down payment required | None stated | No |
| USDA Rural Development Loan | Government-Guaranteed Mortgage | $0 down payment required | None stated | No |
Nonprofit Programs
| Program Name | Type | Amount | Min Credit Score | First-Time Buyer Required? |
|---|
How to Apply
To apply for down payment assistance in James Island, contact Paul Thompson at Paul@venturehomelending.com or Paul@Pluffmudrealty.com to get pre-qualified and identify the best program for your situation.
FAQ
FAQ content coming soon.
Find Every Dollar Available to You
Tell us about your situation and we'll match you with every program you qualify for in your target city.