Veterans Direct Mortgage

$0 Down · No PMI · Veteran-Owned

VA Loans in South Carolina

South Carolina's military identity spans every service: Fort Jackson trains half the Army's new soldiers in Columbia, Joint Base Charleston moves the world's cargo through its C-17 wing and naval weapons station, Shaw AFB commands the Air Force's fighters in Sumter, and Parris Island turns recruits into Marines in Beaufort. Nearly 380,000 veterans call the Palmetto State home.

390K

South Carolina Veterans

5

Military Installations

$0

Down Payment

$832,750

2026 Baseline Limit

Why South Carolina

A VA team that knows South Carolina’s military markets

From Columbia's value to Charleston's growth, South Carolina remains a $0-down stronghold — and the state's veteran tax treatment has improved dramatically, with military retirement now fully exempt.

Columbia's northeast side and Blythewood serve Fort Jackson's massive training mission. The Charleston metro — North Charleston, Goose Creek, Summerville, Hanahan, Moncks Corner — orbits the joint base's air and naval facilities amid one of the Southeast's strongest economies. Sumter is Shaw's fighter-town, and Beaufort, Port Royal, and Bluffton serve Parris Island and MCAS Beaufort in the Lowcountry.

Beyond the Loan

More South Carolina benefits you earned

The VA loan is one piece of what South Carolina owes its veterans. Here’s the rest of the stack — worth real money every year:

Income Tax

Retirement untaxed

South Carolina fully exempts military retirement pay from state income tax.

Education

Free tuition for children

Free tuition at state schools for children of qualifying disabled, deceased, or POW South Carolina wartime veterans.

Vehicle

Free DV plate

Free disabled-veteran plate; property-tax exemption extends to qualifying vehicles for 100% disabled veterans.

Recreation

Licenses & parks

Free hunting/fishing licenses for qualifying totally disabled veterans; Palmetto Passport park admission benefits.

Benefit rules and amounts change with each legislative session — confirm current details with the SC Department of Veterans' Affairs. When you work with us, we walk through which of these apply to your purchase and your budget.

Official VA Data

South Carolina VA lending, by the numbers

18,061

VA Loans Closed (FY2025)

$6.4B

VA Dollars Guaranteed (FY2025)

$354K

Average VA Loan

390,389

Veterans in SC

South Carolina veterans closed 18,061 VA loans in fiscal year 2025 11,235 of them home purchases — and the VA paid $3.9 billion in disability compensation and pension to South Carolina veterans in FY2024. Every veteran receiving that compensation is exempt from the VA funding fee.

Sources: VA Loan Guaranty loans-by-state report, FY2025 · VetPop2023 state projections (NCVAS) · VA Geographic Distribution of Expenditures, FY2024.

2026 BAH Rates

Compare BAH across South Carolina’s installations

BAH is set per housing area, not per state — and it counts as qualifying income on a VA loan. Here’s how South Carolina’s duty stations compare at key pay grades.

InstallationE-4E-5E-6E-7O-3
Fort Jackson$1,812$1,878$2,121$2,160$2,232
Joint Base Charleston$2,220$2,385$2,616$2,652$2,721
Shaw Air Force Base$1,440$1,503$1,947$1,986$2,052
MCAS Beaufort$2,319$2,403$2,811$2,835$2,856
MCRD Parris Island$2,319$2,403$2,811$2,835$2,856

2026 monthly BAH, with dependents, from official DoD (DTMO) rate data. Click any installation for all 24 pay grades, without-dependents rates, and a payment-vs-BAH estimator for that housing area.

2026 Program Facts

What the VA loan gets you in South Carolina

$0 Down Payment

Buy with no down payment on loans within your entitlement — the signature VA benefit.

No PMI

VA loans never charge monthly private mortgage insurance, keeping payments lower than FHA or low-down conventional.

Competitive Rates

The VA guaranty lets lenders price VA loans below comparable conventional rates for most borrowers.

Flexible Credit

The VA sets no minimum credit score — guidelines focus on residual income and the whole picture.

Limited Closing Costs

The VA restricts which fees veterans can be charged, and sellers may pay all of them plus concessions.

Reusable for Life

VA entitlement is a lifetime benefit — it can be restored and reused, and you can hold more than one VA loan at once.

VA loan vs. conventional in South Carolina

FeatureVA LoanConventional
Down payment$0 required3–20% (20% to avoid PMI)
Monthly mortgage insuranceNeverRequired under 20% down
Minimum credit scoreNone set by VATypically 620+
Interest ratesTypically below conventionalHigher without large down payment
Upfront feeFunding fee 2.15% first use (waived with disability rating)None
Prepayment penaltyNeverRare, but possible
Loan limitNone with full entitlement$832,750 baseline (2026)
Assumable by a buyerYes — VA loans are assumableGenerally not

2026 VA loan limits in South Carolina

With full entitlement, the VA does not cap your loan amount — county loan limits only apply when you have reduced entitlement (an existing VA loan or a prior default). For reduced-entitlement borrowers, the 2026 baseline county limit is $832,750, and designated high-cost counties range up to $1,873,675.

The VA funding fee, plainly

  • First use, under 5% down: 2.15%
  • Subsequent use, under 5% down: 3.30%
  • With 5% down: 1.50% · with 10% down: 1.25%
  • Streamline refinance (IRRRL): 0.50%

Veterans receiving VA disability compensation at any rating are fully exempt from the funding fee, as are eligible surviving spouses and Purple Heart recipients on active duty.

Where We Lend

South Carolina cities we serve

From base-gate communities to the metros veterans choose after service, these are the South Carolina markets where our VA lending is most active.

  • Columbia~$233K
  • Charleston~$598K
  • North Charleston~$315K
  • Goose Creek~$324K
  • Summerville~$384K
  • Hanahan~$416K
  • Moncks Corner~$366K
  • Sumter~$217K
  • Beaufort~$417K
  • Port Royal~$365K
  • Bluffton~$502K

Typical home values: Zillow Home Value Index, 2026-06.

Straight Answers

South Carolina VA loan questions, answered

Is there a VA loan limit in South Carolina?

Not with full entitlement. With reduced entitlement, every South Carolina county uses the 2026 baseline of $832,750 — above nearly all markets statewide, with only Charleston's premium neighborhoods approaching it.

Where do Joint Base Charleston families buy?

Goose Creek and Hanahan for proximity, Summerville and Moncks Corner for newer construction and value, North Charleston's Park Circle for character. Charleston's growth makes buy-and-hold especially attractive here.

Is Sumter a good VA market?

Shaw AFB dominates the local economy, prices sit well below the national median, and VA loans are the default financing — sellers and agents work with them constantly.

What about the Lowcountry — Beaufort and Bluffton?

MCAS Beaufort and Parris Island staff buy in Beaufort, Port Royal, and Lady's Island; Bluffton offers newer inventory toward Hilton Head at higher price points. Flood-zone insurance is the key variable we price early.

Does South Carolina tax military retirement?

No — military retirement pay is now fully exempt, and 100% P&T disabled veterans pay zero property tax on home and up to five acres. SC's veteran tax package now rivals Florida's.

Ready When You Are

Start your South Carolina VA loan with a team that’s worn the uniform

Get a clear pre-approval, honest numbers, and a VA process handled by people who understand PCS timelines and military life firsthand.