1-0 Buydown for Columbia SC Buyers (Free Through June 30, 2026)

1-0 Buydown for Columbia SC Buyers

Buying in Columbia, Forest Acres, Lexington, Irmo, or anywhere in the Midlands before June 30? Lock in a full 1 percentage point lower mortgage rate for year one — lender-funded, no cost to you or the seller.

Real Numbers on a Columbia Purchase

At a Columbia median of $295,000 with 5% down, your loan amount is around $280,250.

• Normal year-one payment at 6.5%: roughly $1,771/month
• With the 1-0 buydown at 5.5%: roughly $1,591/month
• Year-one savings: ~$180 per month, or $2,160 across the first 12 months

Why It Matters for Columbia First-Time Buyers

Columbia is one of the strongest first-time buyer markets in SC, and the buydown stacks beautifully with SC Housing's Palmetto Home Advantage DPA program. Combine 3.5% FHA + 4% forgivable DPA + this lender-funded buydown and many Columbia first-time buyers can land in a home with very little cash up front and a soft first-year payment.

Deadline: June 30, 2026

Loans need to be locked by June 30. Read full mechanics in our main 1-0 Buydown blog post. See the Columbia SC Mortgages hub for all programs.

Call or text Samantha Payne at (864) 387-8964, email Samantha@openkeymortgage.com. OpenKey Mortgage Advisors LLC. NMLS Company ID 2812158. Licensed in SC and NC. Equal Housing Opportunity.