South Carolina homeowners will benefit from new increased FHA mortgage loan limits with fixed rate refinance loans up to $387,500 in designated high cost areas. Home refinancing has never been easier with cash out loans available up to 95% for qualified borrowers. The Housing of Urban Development raised the South Carolina mortgage maximum limits for 2008 and the loan changes can be seen below by county.
Carolina borrowers like the home refinancing options at Nationwide because we offer refinance and second mortgages that meet their needs without requiring them to come out of pocket and pay lending costs at closing.
MSA Name
County Name
State
One-Family
Two-Family
Three-Family
Four-Family
CHESTER , SC (MICRO)
CHESTER
SC
$271,050
$347,000
$419,400
$521,250
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH , SC (MSA)
HORRY
SC
$286,250
$366,450
$442,950
$550,450
GREENVILLE , SC (MSA)
LAURENS
SC
$295,000
$377,650
$456,500
$567,300
GREENVILLE , SC (MSA)
PICKENS
SC
$295,000
$377,650
$456,500
$567,300
GREENVILLE , SC (MSA)
GREENVILLE
SC
$295,000
$377,650
$456,500
$567,300
GEORGETOWN , SC (MICRO)
GEORGETOWN
SC
$395,000
$505,650
$611,250
$759,600
CHARLESTON-NORTH CHARLESTON , SC (MSA)
BERKELEY
SC
$335,000
$428,850
$518,400
$644,250
CHARLESTON-NORTH CHARLESTON , SC (MSA)
CHARLESTON
SC
$335,000
$428,850
$518,400
$644,250
CHARLESTON-NORTH CHARLESTON , SC (MSA)
DORCHESTER
SC
$335,000
$428,850
$518,400
$644,250
NEWBERRY , SC (MICRO)
NEWBERRY
SC
$271,050
$347,000
$419,400
$521,250
ANDERSON , SC (MSA)
ANDERSON
SC
$271,050
$347,000
$419,400
$521,250
HILTON HEAD ISLAND-BEAUFORT, SC (MICRO)
JASPER
SC
$387,500
$496,050
$599,600
$745,200
HILTON HEAD ISLAND-BEAUFORT, SC (MICRO)
BEAUFORT
SC
$387,500
$496,050
$599,600
$745,200
UNION , SC (MICRO)
UNION
SC
$271,050
$347,000
$419,400
$521,250
ORANGEBURG , SC (MICRO)
ORANGEBURG
SC
$271,050
$347,000
$419,400
$521,250
CHARLOTTE-GASTONIA-CONCORD , NC -SC (MSA)
YORK
SC
$303,750
$388,850
$470,000
$584,150
GREENWOOD , SC (MICRO)
GREENWOOD
SC
$271,050
$347,000
$419,400
$521,250
SENECA , SC (MICRO)
OCONEE
SC
$271,050
$347,000
$419,400
$521,250
SPARTANBURG , SC (MSA)
SPARTANBURG
SC
$271,050
$347,000
$419,400
$521,250
LANCASTER , SC (MICRO)
LANCASTER
SC
$271,050
$347,000
$419,400
$521,250
SUMTER , SC (MSA)
SUMTER
SC
$271,050
$347,000
$419,400
$521,250
WALTERBORO , SC (MICRO)
COLLETON
SC
$271,050
$347,000
$419,400
$521,250
NON-METRO
LEE
SC
$271,050
$347,000
$419,400
$521,250
NON-METRO
MARION
SC
$271,050
$347,000
$419,400
$521,250
NON-METRO
BAMBERG
SC
$271,050
$347,000
$419,400
$521,250
NON-METRO
HAMPTON
SC
$271,050
$347,000
$419,400
$521,250
NON-METRO
BARNWELL
SC
$271,050
$347,000
$419,400
$521,250
NON-METRO
ABBEVILLE
SC
$271,050
$347,000
$419,400
$521,250
NON-METRO
ALLENDALE
SC
$271,050
$347,000
$419,400
$521,250
NON-METRO
CLARENDON
SC
$271,050
$347,000
$419,400
$521,250
NON-METRO
MCCORMICK
SC
$271,050
$347,000
$419,400
$521,250
NON-METRO
CHESTERFIELD
SC
$271,050
$347,000
$419,400
$521,250
NON-METRO
WILLIAMSBURG
SC
$271,050
$347,000
$419,400
$521,250
BENNETTSVILLE , SC (MICRO)
MARLBORO
SC
$271,050
$347,000
$419,400
$521,250
DILLON , SC (MICRO)
DILLON
SC
$271,050
$347,000
$419,400
$521,250
GAFFNEY , SC (MICRO)
CHEROKEE
SC
$271,050
$347,000
$419,400
$521,250
AUGUSTA-RICHMOND COUNTY , GA -SC (MSA)
AIKEN
SC
$271,050
$347,000
$419,400
$521,250
AUGUSTA-RICHMOND COUNTY , GA -SC (MSA)
EDGEFIELD
SC
$271,050
$347,000
$419,400
$521,250
FLORENCE , SC (MSA)
FLORENCE
SC
$271,050
$347,000
$419,400
$521,250
FLORENCE , SC (MSA)
DARLINGTON
SC
$271,050
$347,000
$419,400
$521,250
COLUMBIA , SC (MSA)
SALUDA
SC
$271,050
$347,000
$419,400
$521,250
COLUMBIA , SC (MSA)
CALHOUN
SC
$271,050
$347,000
$419,400
$521,250
COLUMBIA , SC (MSA)
KERSHAW
SC
$271,050
$347,000
$419,400
$521,250
COLUMBIA , SC (MSA)
RICHLAND
SC
$271,050
$347,000
$419,400
$521,250
COLUMBIA , SC (MSA)
FAIRFIELD
SC
$271,050
$347,000
$419,400
$521,250
COLUMBIA , SC (MSA)
LEXINGTON
SC
$271,050
$347,000
$419,400
$521,250
Podcast: Loan Talk "Refinancing with FHA Mortgage Loans"
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Nationwide Mortgage Loans rolls out new refinance loans with FHA Mortgage Programs that allow higher home loan limits with additional cash out options for refinancing to 95%.
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How does a fixed rate 1st mortgage compare to a variable rate mortgage or an interest only home loan?