Homebuying Tips for Veterans in South Carolina
To every veteran searching for a home: you deserve stability, peace, and a place that reflects the life you’ve worked so hard to protect. It’s a privilege to walk beside you on this path to homeownership. Thank you for your service—now let’s make sure you’re supported in every step of your journey. If you’re a Veteran thinking about buying a home, you have powerful benefits available to you, many of which can save you tens of thousands of dollars. Here’s what to know:
South Carolina:
Veterans with 100% VA disability status are 100% Exempt from Property Taxes on their primary residence with up to 5 acres.
No Personal Property Taxes on up to two vehicles!
1. Use Your VA Loan Benefit
The VA loan is one of the best mortgage programs out there:
• $0 down payment in most cases
• No private mortgage insurance (PMI)
• Often lower interest rates
• More flexible credit requirements
It’s a benefit you earned—use it if it fits your goals.
2. Get Pre-Approved Early
VA loans follow specific guidelines. Getting pre-approved:
• Strengthens your offer
• Shows sellers you’re qualified
• Helps you understand your budget
• Avoids last-minute surprises
3. Work With a Lender Who Specializes in VA Loans
Not all lenders are equally experienced with VA financing. A VA-savvy lender will:
• Know the nuances of VA appraisals
• Understand residual income guidelines
• Speed up the process
• Help avoid unnecessary stress 4. Understand VA Appraisals
VA appraisals are a bit different:
• They check value and property condition
• Homes must meet Minimum Property Requirements
• Fixer-uppers may be tougher—but move-in-ready homes are ideal
5. Consider Your Entitlement
You may still be able to use your VA loan even if:
• You used it before
• You have remaining entitlement
• You sold a prior VA-financed home
A lender can help you determine exactly what you qualify for.
6. Don’t Forget About Closing Costs
Even with $0 down, you may still have:
• Appraisal fees
• Inspections
• Taxes and insurance
• Lender fees
BUT—sellers can contribute toward your closing costs with a VA loan, which can reduce how much you pay out of pocket.
7. Use Your VA Benefits for Refinancing Later
If rates drop, VA loans offer:
• Interest Rate Reduction Refinance Loan (IRRRL) • A fast, simplified refinance to lower your monthly payment
8. Choose a Real Estate Agent Who Understands VA Buyers
A VA-friendly agent (that’s me!) helps by:
• Finding homes that will pass a VA appraisal
• Negotiating needed repairs
• Guiding through the extra VA steps
• Protecting your benefits and your budget
