Down Payment Assistance for Our Community's Heroes

Palmetto Citizens is offering heroes in our community interested in purchasing a home up to $12,000 in down payment assistance.

To honor the educators, first responders, health care workers, active-duty military, Veterans, and other heroes in our community, Palmetto Citizens is excited to announce we're offering qualified home buyers a competitive rate and $12,000 in forgivable down payment assistance when they finance their home purchase with us.

Funding for this program is limited, so if you're considering buying a home and are in one of the professions below, please contact our Mortgage Team at 803-376-5016 or for more details or to apply today.

teacher's desk with books, blocks, and an apple

This program is available to those employed in South Carolina in one of the following professions, or a Veteran or active-duty Military or National Guard:

  • Educators: Full-time teachers with an active SC Teacher Certification by the SC Department of Education. Includes certified teachers employed as Classroom Teachers, School Librarians, School Counselors, School Psychologists, or Speech-Language Pathologists.
  • Law Enforcement Officers: Full-time state or local law enforcement officers (as defined by the SC Law Enforcement Training Act) and must be certified by the Law Enforcement Training Council.
  • Fire Fighters, EMTs and Paramedics: Full-time firefighters, emergency medical technicians (EMT) or paramedics (or be a volunteer firefighter) with a state or local government agency, or employed by a company contracted by a government agency.
  • Licensed Medical Professionals: Employed full-time in a hospital, clinic, doctor's office, nursing home/long term care facility, or other medical facility and be licensed/certified by the State of SC or by national accreditation.
  • Correctional Officers: Full-time corrections officers for the SC Department of Corrections, SC Department of Juvenile Justice, or with a state, county or municipal detention center, or the US Government Federal Bureau of Prisons. Officers employed with Private Security Companies are not eligible.
  • Veterans: Must have served on active duty in the U.S. Armed Forces (other than active duty for training) and received a discharge other than dishonorable within the past 25 years. Eligible veterans cannot have an ownership interest in another principal residence at the time of loan closing.
  • Active Duty Military Personnel: Must be a member in good standing with any of the US Armed Services (Army, Navy, Marine Corps, Air Force, Coast Guard) or the SC Army National Guard or the SC Air National Guard.

With this program, borrowers can receive FHA, VA, USDA, or Conventional financing and must also meet certain income and home sale price limits. The forgivable down payment assistance is a second mortgage with a 15-year term, 0% interest rate, and no monthly payments. Borrowers must occupy the property for the 15-year term for the amount to be fully forgiven.

Funding for this program is limited, so if you're eligible and thinking about buying a home, now is the time!

receiving keys for new home

For more details, or to apply, please contact our Mortgage Team at 803-376-5016 or .

NMLS ID # 449962. Program available to qualified borrowers employed in South Carolina in an eligible profession. $12,000 down payment assistance (DPA) may be used towards down payment, closing costs, and/or prepaid items. Borrowers must meet sales price and income limits; other requirements may apply. Forgivable DPA is a second mortgage with a fifteen (15) year term, 0% interest rate, with no monthly payments. Borrower must occupy the property for the 15-year term for the DPA to be fully forgiven. Contact the PCFCU Mortgage Department for details.