What are FHA Loan Limits in South Carolina?

FHA loans are a low down payment mortgage program and South Carolina FHA loan limits are connected to local home values. Search the charts below to determine the maximum mortgage amount allowed for your county. FHA loan limits in South Carolina are set at the floor amount of $275,665 across half the state.

South Carolina FHA Loan Limits Search:

County Name
Area
1-Unit
2-Unit
3-Unit
4-Unit
ABBEVILLEGREENWOOD, SC$275,665$352,950$426,625$530,150
AIKENAUGUSTA-RICHMOND , GA-SC$275,665$352,950$426,625$530,150
ALLENDALENON-METRO$275,665$352,950$426,625$530,150
ANDERSONGREENVILLE-ANDERSON-MAULDIN, SC$275,665$352,950$426,625$530,150
BAMBERGNON-METRO$275,665$352,950$426,625$530,150
BARNWELLNON-METRO$275,665$352,950$426,625$530,150
BEAUFORTHILTON HEAD ISLAND-BLUFFTON-BEAUFORT, S$350,750$449,000$542,750$674,500
BERKELEYCHARLESTON-NORTH CHARLESTON, SC$357,650$457,850$553,450$687,800
CALHOUNCOLUMBIA, SC$275,665$352,950$426,625$530,150
CHARLESTONCHARLESTON-NORTH CHARLESTON, SC$357,650$457,850$553,450$687,800
CHEROKEEGAFFNEY, SC$275,665$352,950$426,625$530,150
CHESTERCHARLOTTE-CONCORD-GASTONIA, NC-SC$280,600$359,200$434,200$539,600
CHESTERFIELDNON-METRO$275,665$352,950$426,625$530,150
CLARENDONNON-METRO$275,665$352,950$426,625$530,150
COLLETONNON-METRO$275,665$352,950$426,625$530,150
DARLINGTONFLORENCE, SC$275,665$352,950$426,625$530,150
DILLONNON-METRO$275,665$352,950$426,625$530,150
DORCHESTERCHARLESTON-NORTH CHARLESTON, SC$357,650$457,850$553,450$687,800
EDGEFIELDAUGUSTA-RICHMOND , GA-SC$275,665$352,950$426,625$530,150
FAIRFIELDCOLUMBIA, SC$275,665$352,950$426,625$530,150
FLORENCEFLORENCE, SC$275,665$352,950$426,625$530,150
GEORGETOWNGEORGETOWN, SC$327,750$419,550$507,150$630,300
GREENVILLEGREENVILLE-ANDERSON-MAULDIN, SC$275,665$352,950$426,625$530,150
GREENWOODGREENWOOD, SC$275,665$352,950$426,625$530,150
HAMPTONNON-METRO$275,665$352,950$426,625$530,150
HORRYMYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH,$275,665$352,950$426,625$530,150
JASPERHILTON HEAD ISLAND-BLUFFTON-BEAUFORT, S$350,750$449,000$542,750$674,500
KERSHAWCOLUMBIA, SC$275,665$352,950$426,625$530,150
LANCASTERCHARLOTTE-CONCORD-GASTONIA, NC-SC$280,600$359,200$434,200$539,600
LAURENSGREENVILLE-ANDERSON-MAULDIN, SC$275,665$352,950$426,625$530,150
LEENON-METRO$275,665$352,950$426,625$530,150
LEXINGTONCOLUMBIA, SC$275,665$352,950$426,625$530,150
MARIONNON-METRO$275,665$352,950$426,625$530,150
MARLBOROBENNETTSVILLE, SC$275,665$352,950$426,625$530,150
MCCORMICKNON-METRO$275,665$352,950$426,625$530,150
NEWBERRYNEWBERRY, SC$275,665$352,950$426,625$530,150
OCONEESENECA, SC$275,665$352,950$426,625$530,150
ORANGEBURGORANGEBURG, SC$275,665$352,950$426,625$530,150
PICKENSGREENVILLE-ANDERSON-MAULDIN, SC$275,665$352,950$426,625$530,150
RICHLANDCOLUMBIA, SC$275,665$352,950$426,625$530,150
SALUDACOLUMBIA, SC$275,665$352,950$426,625$530,150
SPARTANBURGSPARTANBURG, SC$275,665$352,950$426,625$530,150
SUMTERSUMTER, SC$275,665$352,950$426,625$530,150
UNIONSPARTANBURG, SC$275,665$352,950$426,625$530,150
WILLIAMSBURGNON-METRO$275,665$352,950$426,625$530,150
YORKCHARLOTTE-CONCORD-GASTONIA, NC-SC$280,600$359,200$434,200$539,600

South Carolina FHA loan limits can change at any time. Check back often to ensure information is accurate.

How are South Carolina FHA Limits Set?

South Carolina FHA Loan LimitsMortgage limits for South Carolina FHA loans are based on median housing prices for the particular Metropolitan Statistical Area (MSA) and county. More specifically, “Median Sale Price” for area homes in each county or MSA is considered the determining factor. National FHA mortgage limits for low costs areas are set at 65 percent of the national conventional conforming loan limit. FHA loan limits are updated yearly.

South Carolina FHA Loan-to-Value Limits (LTV)

  • Purchase Loans –  The mortgage loan-to-value limit in South Carolina is 96.5% of the lower of the purchase price or the appraised value of the home.
  • Refinance Loans – The refinance loan-to-value limit in South Carolina is 97.75% of the lower of the appraised property value, or the mortgage amount plus closing costs. If you’re refinancing and taking cash out from equity, the loan limit will be limited to 85% of the appraised home value.

South Carolina FHA loan limits are set above the nationwide floor amount in Charleston, Hilton Head, Greenville, Spartanburg and surrounding areas. You may also want to view these additional FHA loan resources before deciding on a mortgage loan:

More FHA Loan Resources

 

Get Your Rate Quote
Refinance     Purchase

As seen in: