DSCR Loans in Berkeley 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, 117 lenders made 295 investment-property loans in Berkeley County, 3.2% of South Carolina's total. Dominick Prevete arranges DSCR loans across Berkeley 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 $370,000.
Berkeley County investor market at a glance
| Statistic | Berkeley County | South Carolina | County rank |
|---|---|---|---|
| Investor loans | 295 | 9,079 | 10th of 17 |
| Reporting lenders | 117 | 498 | 7th of 17 |
| Loan volume | $84.0M | $2.59B | 7th of 17 |
| Average loan | $285K | $286K | 5th of 17 |
| Median loan | $235K | $195K | 5th of 17 |
| Purchases | 67.5% | 64.8% | 6th of 17 |
| Cash-out refinances | 15.6% | 15.8% | 11th of 17 |
| 2–4 unit properties | 3.4% | 8.1% | 16th of 17 |
| Top five lenders' share | 21.7% | 16.9% | 16th of 17 |
| Reported business-purpose | 69.5% | 68.4% | 9th of 17 |
Berkeley County: closed-end loans on 1–4 unit investment properties. Berkeley County's rank is highest first, among South Carolina's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Berkeley County's investor loans.
What stands out in Berkeley County
3.4% of Berkeley County's investor loans financed a 2–4 unit property, the 2nd-lowest share of South Carolina's 17 counties with published data (statewide: 8.1%).
Single-family rentals dominate here. A DSCR loan qualifies a single-family rental on its market rent, not your income.
The five most active lenders wrote 21.7% of Berkeley County's investor loans, the 2nd-lowest share of South Carolina's 17 counties with published data (statewide: 16.9%).
Lending here is spread across many lenders; the best fit depends on the deal more than the lender's size.
Does a DSCR loan pencil in Berkeley County?
At HUD's fair market rent of $2,336 for a 3-bedroom in Berkeley County, South Carolina, a rental covers its full DSCR payment up to a purchase price of about $370,000, with 20% down at the 7.25% starting rate (November 2026). Berkeley County's median home value is $310,300; at that price the payment is $1,939 a month, so the property would need $1,950 in rent to cover it.
At that price, the rent covers the full payment, which is the test a standard DSCR loan qualifies on.
| HUD fair market rent, 2 / 3 / 4 bedroom (FY2027) | $1,884 / $2,336 / $2,687 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $310,300 |
| Median property taxes and effective rate | $1,400 (0.45% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,939 |
| Rent needed to cover that payment | $1,950 |
| Coverage of a 3-bedroom at fair market rent | 1.20 |
| Highest price a 3-bedroom at fair market rent covers | about $370,000 |
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 Berkeley County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Berkeley County?
The most active investment-property lenders in Berkeley County in 2025 HMDA data were UNITED SHORE FINANCIAL SERVICES, LLC; Kiavi Funding, Inc.; and LENNAR MORTGAGE, LLC, out of 117 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 Berkeley County, and matches each file to the one most likely to fund it.
Berkeley County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 295 loans and $84.0M from 117 lenders. UNITED SHORE FINANCIAL SERVICES, LLC led Berkeley County with 17 loans, 5.8% of the county's total, and the average Berkeley County loan of $285K compares with $286K across South Carolina.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| UNITED SHORE FINANCIAL SERVICES, LLC | 17 | $4.8M | $283K | 35.3% |
| Kiavi Funding, Inc. | 15 | $3.3M | $221K | 93.3% |
| LENNAR MORTGAGE, LLC | 13 | $3.2M | $249K | 100.0% |
| HOMEXPRESS MORTGAGE CORP. | 11 | $2.9M | $267K | 45.5% |
| Rocket Mortgage, LLC | 8 | $2.3M | $290K | 62.5% |
| First Option Mortgage, LLC | 8 | $1.1M | $134K | 100.0% |
| First-Citizens Bank & Trust Company | 7 | $2.3M | $328K | 71.4% |
| SENTE MORTGAGE, INC. | 6 | $1.5M | $252K | 83.3% |
| Ameris Bank | 6 | $1.4M | $238K | 66.7% |
| CROSSCOUNTRY MORTGAGE, INC. | 6 | $1.4M | $232K | 83.3% |
| CHAMPIONS FUNDING, LLC | 6 | $1.2M | $202K | 50.0% |
| PENNYMAC LOAN SERVICES, LLC | 5 | $1.3M | $263K | 20.0% |
| Wells Fargo Bank, National Association | 5 | $1.2M | $237K | 100.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | 5 | $1.1M | $227K | 100.0% |
| Emporium TPO LLC | 4 | $1.2M | $298K | 25.0% |
| CV3 FINANCIAL SERVICES, LLC | 4 | $1.1M | $285K | 25.0% |
| Fairway Independent Mortgage Corporation | 4 | $1.1M | $278K | 75.0% |
| NEXERA HOLDING LLC | 4 | $1.1M | $270K | 0.0% |
| AMERICAN FINANCIAL NETWORK, INC. | 4 | $1.0M | $258K | 50.0% |
| CAROLINA ONE MORTGAGE, LLC | 4 | $0.8M | $188K | 100.0% |
| A&D Mortgage LLC | 4 | $0.7M | $180K | 100.0% |
| Queensborough National Bank & Trust Company | 3 | $6.2M | $2075K | 100.0% |
| BPL MORTGAGE TRUST, LLC | 3 | $0.9M | $312K | 33.3% |
| OCMBC, INC. | 3 | $0.7M | $248K | 100.0% |
| MOVEMENT MORTGAGE, LLC | 3 | $0.7M | $238K | 100.0% |
251 South Carolina loans (2.8%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Berkeley County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Berkeley County CSV, all 25 lenders
What Berkeley County's table can't show you: fit. Short-term financing is exempt from HMDA, so Berkeley County's fix-and-flip and bridge lenders barely appear among its 117 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 Berkeley County, South Carolina deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Berkeley 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 — Berkeley County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 117 lenders and 295 loans: 2025 HMDA loan-level data rolled up to Berkeley County.
- Berkeley County investor-lender dataset (CSV) — All 25 lenders in the Berkeley County, South Carolina table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Berkeley 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 Charleston-North Charleston, SC MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Berkeley 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.