Florence County is a top destination for veterans looking to purchase or build a home in South Carolina’s Pee Dee region. With a blend of small-town charm and access to major transportation corridors like I-95 and I-20, this area offers rural land, affordable homes, and a strong local community. VA loans make homeownership here more achievable than ever.
Why Veterans Choose VA Loans in Florence County
VA loans provide a major advantage to service members and their families looking to settle in Florence County:
- No Down Payment** – Keep more cash in your pocket when buying
- No PMI** – Save on monthly payments with no private mortgage insurance
- Lower Rates** – VA-backed loans typically offer better-than-market interest rates
- Lenient Credit Standards** – Easier to qualify, even with past credit issues
- Build or Buy** – Use your VA benefit for new construction or an existing home
VA Purchase Loans in Florence County
Eligible buyers can use VA loans for:
- Single-family homes
- VA-approved condos or townhomes
- Duplexes, triplexes, and fourplexes (with primary occupancy)
Top locations for VA buyers include:
- Florence – Regional hub with hospitals, shopping, and services
- Effingham – Country feel with city access
- Lake City – Affordable homes and family-friendly living
- Timmonsville – Close-knit community with rural value
VA One-Time Close Construction Loans
Florence County is an ideal location for building with a VA One-Time Close (OTC) construction loan. These loans allow you to purchase land and build your home with one set of paperwork, one closing, and one monthly payment.
Best areas to build in Florence County:
- Outside Florence city limits on unrestricted land
- Lake City outskirts
- Effingham rural areas
- I-95 corridor towns with space to grow
2025 VA Loan Limits for Florence County
| Property Type | VA Loan Limit |
|---|---|
| 1 Unit | $766,550 |
| 2 Units | $981,500 |
| 3 Units | $1,186,350 |
| 4 Units | $1,474,400 |
Why Veterans Love Living in Florence County
- Easy access to Charleston, Columbia, and Myrtle Beach
- Francis Marion University and top healthcare employers
- VA outpatient services and regional hospital care
- Affordable cost of living and land availability
The Local Ledger proudly serves veterans and service members across Florence County with personalized mortgage help designed to simplify the homebuying or building process.
