South Carolina (SC)

DSCR Loans in South Carolina

Property-cash-flow mortgages for South Carolina real estate investors. No tax returns, 80% LTV, close in 13 days.

Why DSCR Loans Work in South Carolina

Charleston's STR market and Greenville's population boom anchor South Carolina as a top-10 DSCR state.

Average Rent
$1,650/mo (SFR statewide)
Top Markets
Charleston & Myrtle Beach for STR; Greenville & Columbia for long-term.
Close Time
13–21 days statewide

South Carolina DSCR Loan Program

  • Loan Amount
    $100,000 – $5,000,000+
  • Max LTV
    80% purchase · 80% cash-out refi
  • Minimum Credit
    620 FICO
  • Minimum DSCR
    1.0 (sub-1.0 with compensating factors)
  • Property Types
    1–8 unit residential, condos, small multi-family, STR
  • Borrower Entity
    Individual, LLC, LP, Trust
  • Income Documentation
    None required
  • Rate Range
    Mid-7% to low-9% (Nov 2025)

Cities We Fund in South Carolina

Charleston
Columbia
Greenville
Myrtle Beach
Spartanburg

Plus every other city, town, and county across South Carolina. Statewide coverage.

Related Resources

DSCR Loans in Other States

Frequently Asked Questions

Ready to Fund Your South Carolina Rental?

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