Columbia's neighborhoods offer a unique blend of character, amenities, and lifestyle options. From the vibrant arts and culture scene in Five Points to the family-friendly atmosphere of Forest Acres, there's a neighborhood to suit every taste and preference. Shandon, with its mix of historic homes and modern apartments, is another popular choice, while Lexington and Irmo offer suburban living options with easy access to shopping and entertainment.

• Five Points: Known for its walkability, vibrant nightlife, and eclectic mix of shops and restaurants.
• Shandon: Offers a mix of historic homes, modern apartments, and community amenities.
• Forest Acres: A family-friendly suburb with top-rated schools and community parks.

First-time homebuyers in Columbia can take advantage of several programs designed to make homeownership more accessible. The South Carolina State Housing Finance and Development Authority (SC Housing) offers a range of programs, including the Homebuyer Program, which provides up to $7,500 in down payment assistance. NMHL can help you explore these programs and determine which ones you may be eligible for.

In addition to SC Housing programs, NMHL offers its own first-time homebuyer initiatives, including reduced down payment requirements and flexible credit scoring models. Our loan officers will work with you to understand your financial situation and find the best mortgage options for your needs.

At NMHL, we understand that not everyone fits the traditional mortgage mold. That's why we offer specialized programs for borrowers with bad credit, self-employed individuals, and veterans. Our loan officers will work with you to understand your financial situation and explore available options, including subprime mortgage products, alternative credit scoring models, and VA loans.

NMHL's commitment to serving underserved borrowers means that we can help you find a mortgage solution that meets your needs, even if you've been turned down by other lenders. Get started with NMHL today and take the first step towards achieving your homeownership goals.

Property taxes in Columbia are relatively low, with an average effective tax rate of 0.58%. This means that on a $225,000 home, you can expect to pay around $1,305 per year in property taxes. However, property tax rates can vary depending on the specific location within Columbia, with some areas having higher tax rates due to local ordinances or special assessments.

NMHL recommends factoring property taxes into your mortgage calculations to ensure you're getting the best deal. Our loan officers can help you understand the property tax implications of your mortgage and explore options for reducing your tax burden.