Mortgage Policy in South Carolina
Learn about mortgage policy requirements, state regulations, and local lender options in South Carolina.
State Requirements
- Proof of income (W-2s, tax returns)
- Credit score 620+
- Down payment (3-20%)
- Debt-to-income ratio below 43%
- Property appraisal
Regulations: SC state lending regulations require licensed lenders to follow federal Truth in Lending Act guidelines.
Cities in South Carolina Offering Mortgage Policy
Charleston
Columbia
Greenville
Myrtle Beach
Spartanburg
Mauldin
Rock Hill
North Charleston
Mount Pleasant
Florence
Anderson
Sumter
Hilton Head Island
Summerville
Goose Creek
Greer
Aiken
Bluffton
Socastee
Carolina Forest
Fort Mill
North Augusta
Taylors
Simpsonville
Lexington
Easley
Greenwood
Conway
St. Andrews
Wade Hampton
Reviewed by the LoanPolicies Editorial Team
Our editorial team researches and fact-checks all content to ensure accuracy. We update guides regularly to reflect current regulations and market conditions.
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