DSCR Loans in Anderson County, South Carolina
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 100 lenders made 301 investment-property loans in Anderson County, 3.3% of South Carolina's total. Dominick Prevete arranges DSCR loans across Anderson County, South Carolina, qualified on the property's rent, not your tax returns. DSCR rental loans start from 7.25% (November 2026), and most close in 14 days. At HUD's fair market rent, a three-bedroom rental there covers its full payment up to a price of about $230,000.
Anderson County investor market at a glance
| Statistic | Anderson County | South Carolina | County rank |
|---|---|---|---|
| Investor loans | 301 | 9,079 | 9th of 17 |
| Reporting lenders | 100 | 498 | 10th of 17 |
| Loan volume | $62.8M | $2.59B | 10th of 17 |
| Average loan | $209K | $286K | 10th of 17 |
| Median loan | $175K | $195K | 10th of 17 |
| Purchases | 44.2% | 64.8% | 17th of 17 |
| Cash-out refinances | 17.9% | 15.8% | 9th of 17 |
| 2–4 unit properties | 14.3% | 8.1% | 2nd of 17 |
| Top five lenders' share | 35.2% | 16.9% | 4th of 17 |
| Reported business-purpose | 68.8% | 68.4% | 11th of 17 |
Anderson County: closed-end loans on 1–4 unit investment properties. Anderson County's rank is highest first, among South Carolina's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Anderson County's investor loans.
What stands out in Anderson County
44.2% of Anderson County's investor loans were purchases, the lowest share of South Carolina's 17 counties with published data (statewide: 64.8%).
Most investor loans here refinance property investors already own. A DSCR refinance qualifies on the property's current rent.
14.3% of Anderson County's investor loans financed a 2–4 unit property, the 2nd-highest share of South Carolina's 17 counties with published data (statewide: 8.1%).
2–4 unit properties are a larger share here than in most of South Carolina. A DSCR loan on a 2–4 unit property qualifies on the rent from all of its units.
The five most active lenders wrote 35.2% of Anderson County's investor loans, the 4th-highest share of South Carolina's 17 counties with published data (statewide: 16.9%).
Five lenders write 35.2% of the loans here, so comparing written term sheets matters more.
Does a DSCR loan pencil in Anderson County?
At HUD's fair market rent of $1,444 for a 3-bedroom in Anderson County, South Carolina, a rental covers its full DSCR payment up to a purchase price of about $230,000, with 20% down at the 7.25% starting rate (November 2026). Anderson County's median home value is $231,900; at that price the payment is $1,449 a month, so the property would need $1,450 in rent to cover it.
Coverage under 1.00 doesn't end the deal: the DSCR programs Dominick arranges go down to no-ratio, priced for the lower coverage, and a lower price or a larger down payment raises the ratio.
| HUD fair market rent, 2 / 3 / 4 bedroom (FY2027) | $1,102 / $1,444 / $1,704 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $231,900 |
| Median property taxes and effective rate | $1,043 (0.45% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,449 |
| Rent needed to cover that payment | $1,450 |
| Coverage of a 3-bedroom at fair market rent | 0.99 |
| Highest price a 3-bedroom at fair market rent covers | about $230,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $350,000 |
Fair market rent is HUD's 40th-percentile gross rent, including utilities; a property's appraised market rent can be higher or lower. Payment uses 20% down, a 30-year amortization at the published DSCR starting rate, the county's median effective property-tax rate and insurance at 0.50% of value. Purchase leverage goes up to 85% on qualifying files. This is an illustration, not a term sheet or an offer of credit.
Price your actual deal →Run Anderson County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Anderson County?
The most active investment-property lenders in Anderson County in 2025 HMDA data were The Peoples Bank; ABL RPC Residential Credit Acquisition LLC; and Kiavi Funding, Inc., out of 100 lenders that reported. HMDA doesn't flag which loans were DSCR loans, so this list mixes DSCR and conventional investment-property lenders. Dominick Prevete places DSCR loans across 100+ lenders, including several that reported in Anderson County, and matches each file to the one most likely to fund it.
Anderson County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 301 loans and $62.8M from 100 lenders. The Peoples Bank led Anderson County with 50 loans, 16.6% of the county's total, and the average Anderson County loan of $209K compares with $286K across South Carolina.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| The Peoples Bank | 50 | $6.6M | $132K | 12.0% |
| ABL RPC Residential Credit Acquisition LLC | 21 | $6.8M | $323K | 0.0% |
| Kiavi Funding, Inc. | 14 | $2.9M | $210K | 78.6% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 11 | $2.2M | $201K | 45.5% |
| The Park National Bank | 10 | $1.9M | $188K | 60.0% |
| LIMA ONE CAPITAL, LLC | 9 | $1.5M | $171K | 33.3% |
| CV3 FINANCIAL SERVICES, LLC | 9 | $1.2M | $133K | 44.4% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | 6 | $1.4M | $228K | 83.3% |
| Bank of Travelers Rest | 6 | $0.9M | $143K | 83.3% |
| SouthState Bank, National Association | 5 | $1.6M | $329K | 80.0% |
| CROSSCOUNTRY MORTGAGE, INC. | 5 | $1.2M | $245K | 60.0% |
| KIND LENDING, LLC | 5 | $1.2M | $239K | 20.0% |
| Loan Funder LLC | 5 | $1.1M | $223K | 80.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | 5 | $0.6M | $121K | 0.0% |
| Rocket Mortgage, LLC | 4 | $1.1M | $270K | 25.0% |
| Hometown Equity Mortgage, LLC | 4 | $1.0M | $253K | 75.0% |
| HOMEXPRESS MORTGAGE CORP. | 4 | $0.7M | $183K | 0.0% |
| DOMINION FINANCIAL SERVICES, LLC | 4 | $0.7M | $175K | 25.0% |
| First-Citizens Bank & Trust Company | 4 | $0.7M | $175K | 75.0% |
| Southern First Bank | 3 | $1.9M | $635K | 100.0% |
| GREENVILLE | 3 | $1.3M | $428K | 66.7% |
| NFM, INC. | 3 | $1.1M | $355K | 66.7% |
| LENDINGONE, LLC | 3 | $0.7M | $222K | 0.0% |
| CHAMPIONS FUNDING, LLC | 3 | $0.5M | $182K | 66.7% |
| Commerce Home Mortgage, Inc. | 3 | $0.5M | $172K | 33.3% |
251 South Carolina loans (2.8%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Anderson County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Anderson County CSV, all 25 lenders
What Anderson County's table can't show you: fit. Short-term financing is exempt from HMDA, so Anderson County's fix-and-flip and bridge lenders barely appear among its 100 filers, and none of the 25 names above tells you whose guidelines match your deal, your entity, or your timeline. That's the job. Dominick Prevete structures your file and places it across 100+ lenders — including several on this list — so it lands with the one most likely to fund it.
Price your loan →National Loan Provider is an independent broker and maintains wholesale relationships with some listed lenders. Appearing in this table is not an endorsement or a recommendation.
Run the coverage test on your Anderson County, South Carolina deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter an Anderson County, South Carolina property's rent, loan, taxes and insurance to see where it lands.
Principal and interest on a thirty-year amortization, plus taxes, insurance and HOA.
Enter the rent, loan amount, rate, taxes and insurance to see the coverage ratio.
Sources
- CFPB / FFIEC HMDA Data Browser — Anderson County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 100 lenders and 301 loans: 2025 HMDA loan-level data rolled up to Anderson County.
- Anderson County investor-lender dataset (CSV) — All 25 lenders in the Anderson County, South Carolina table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Anderson County's 2-, 3- and 4-bedroom fair market rents in the rent math, and the 3-bedroom rent its highest-price figure uses: HUD's FY2027 figures for the Anderson, SC HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Anderson County's median home value (B25077) and median property taxes paid (B25103) in the rent math, from the Census 2020–2024 ACS 5-year summary files.
- DSCR loan rates, Dominick Prevete — DSCR rental loans start from 7.25%, as of November 2026: the Instant Term Sheet's best-case scenario on the current rate sheets.