UPDATE: 02/03/2016 South State Bank is offering first time home buyers a 97%, 30 year fixed rate mortgage that is different than an FHA loan in that they only require a 3% down payment instead of 3.5% with an FHA loan, and the 3% can come from "gift funds". Also, with this loan, the mortgage insurance is reduced. For more information on this program contact: Laurie B. Holscher SVP, Mortgage Loan...