FHA Loan Limits in South Carolina and FHA Mortgage Requirements

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:

Search:

County Name	Area	1-Unit	2-Unit	3-Unit	4-Unit
ABBEVILLE	NON-METRO	$331,760	$424,800	$513,450	$638,100
AIKEN	AUGUSTA-RICHMOND COUNTY, GA-SC	$331,760	$424,800	$513,450	$638,100
ALLENDALE	NON-METRO	$331,760	$424,800	$513,450	$638,100
ANDERSON	GREENVILLE-ANDERSON, SC	$331,760	$424,800	$513,450	$638,100
BAMBERG	NON-METRO	$331,760	$424,800	$513,450	$638,100
BARNWELL	NON-METRO	$331,760	$424,800	$513,450	$638,100
BEAUFORT	HILTON HEAD ISLAND-BLUFFTON, SC	$350,750	$449,000	$542,750	$674,500
BERKELEY	CHARLESTON-NORTH CHARLESTON, SC	$391,000	$500,550	$605,050	$751,900
CALHOUN	COLUMBIA, SC	$331,760	$424,800	$513,450	$638,100
CHARLESTON	CHARLESTON-NORTH CHARLESTON, SC	$391,000	$500,550	$605,050	$751,900
CHEROKEE	GAFFNEY, SC	$331,760	$424,800	$513,450	$638,100
CHESTER	CHARLOTTE-CONCORD-GASTONIA, NC-SC	$331,760	$424,800	$513,450	$638,100
CHESTERFIELD	NON-METRO	$331,760	$424,800	$513,450	$638,100
CLARENDON	SUMTER, SC	$331,760	$424,800	$513,450	$638,100
COLLETON	NON-METRO	$331,760	$424,800	$513,450	$638,100
DARLINGTON	FLORENCE, SC	$331,760	$424,800	$513,450	$638,100
DILLON	NON-METRO	$331,760	$424,800	$513,450	$638,100
DORCHESTER	CHARLESTON-NORTH CHARLESTON, SC	$391,000	$500,550	$605,050	$751,900
EDGEFIELD	AUGUSTA-RICHMOND COUNTY, GA-SC	$331,760	$424,800	$513,450	$638,100
FAIRFIELD	COLUMBIA, SC	$331,760	$424,800	$513,450	$638,100
FLORENCE	FLORENCE, SC	$331,760	$424,800	$513,450	$638,100
GEORGETOWN	GEORGETOWN, SC	$331,760	$424,800	$513,450	$638,100
GREENVILLE	GREENVILLE-ANDERSON, SC	$331,760	$424,800	$513,450	$638,100
GREENWOOD	GREENWOOD, SC	$331,760	$424,800	$513,450	$638,100
HAMPTON	NON-METRO	$331,760	$424,800	$513,450	$638,100
HORRY	MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC	$331,760	$424,800	$513,450	$638,100
JASPER	HILTON HEAD ISLAND-BLUFFTON, SC	$350,750	$449,000	$542,750	$674,500
KERSHAW	COLUMBIA, SC	$331,760	$424,800	$513,450	$638,100
LANCASTER	CHARLOTTE-CONCORD-GASTONIA, NC-SC	$331,760	$424,800	$513,450	$638,100
LAURENS	GREENVILLE-ANDERSON, SC	$331,760	$424,800	$513,450	$638,100
LEE	NON-METRO	$331,760	$424,800	$513,450	$638,100
LEXINGTON	COLUMBIA, SC	$331,760	$424,800	$513,450	$638,100
MARION	NON-METRO	$331,760	$424,800	$513,450	$638,100
MARLBORO	BENNETTSVILLE, SC	$331,760	$424,800	$513,450	$638,100
MCCORMICK	NON-METRO	$331,760	$424,800	$513,450	$638,100
NEWBERRY	NEWBERRY, SC	$331,760	$424,800	$513,450	$638,100
OCONEE	SENECA, SC	$331,760	$424,800	$513,450	$638,100
ORANGEBURG	ORANGEBURG, SC	$331,760	$424,800	$513,450	$638,100
PICKENS	GREENVILLE-ANDERSON, SC	$331,760	$424,800	$513,450	$638,100
RICHLAND	COLUMBIA, SC	$331,760	$424,800	$513,450	$638,100
SALUDA	COLUMBIA, SC	$331,760	$424,800	$513,450	$638,100
SPARTANBURG	SPARTANBURG, SC	$331,760	$424,800	$513,450	$638,100
SUMTER	SUMTER, SC	$331,760	$424,800	$513,450	$638,100
UNION	UNION, SC	$331,760	$424,800	$513,450	$638,100
WILLIAMSBURG	NON-METRO	$331,760	$424,800	$513,450	$638,100
YORK	CHARLOTTE-CONCORD-GASTONIA, NC-SC	$331,760	$424,800	$513,450	$638,100

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 Limits Mortgage 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

FHA Loan Limits for all 50 states
Conforming Loan Limits for all 50 states
Check Your FHA Loan Eligibility
Determine Your FHA Mortgage Payment Amount
Check Current FHA Mortgage Rates
FHA Loan Requirements
Understanding FHA Mortgage Insurance
FHA Payment Calculator
FHA Mortgage Insurance Calculator
FHA Upfront MIP Calculator
FHA Refinance Loans
FHA Streamline Refinance
FHA Cash-Out Refinance
Other Mortgage Options
Ask an FHA Mortgage Question
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