DSCR Loans in Charleston 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, 193 lenders made 964 investment-property loans in Charleston County, 10.6% of South Carolina's total. Dominick Prevete arranges DSCR loans across Charleston 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 $375,000.
Charleston County investor market at a glance
| Statistic | Charleston County | South Carolina | County rank |
|---|---|---|---|
| Investor loans | 964 | 9,079 | 2nd of 17 |
| Reporting lenders | 193 | 498 | 2nd of 17 |
| Loan volume | $530.7M | $2.59B | 1st of 17 |
| Average loan | $551K | $286K | 1st of 17 |
| Median loan | $315K | $195K | 2nd of 17 |
| Purchases | 57.4% | 64.8% | 13th of 17 |
| Cash-out refinances | 22.5% | 15.8% | 2nd of 17 |
| 2–4 unit properties | 9.9% | 8.1% | 7th of 17 |
| Top five lenders' share | 25.7% | 16.9% | 13th of 17 |
| Reported business-purpose | 73.5% | 68.4% | 4th of 17 |
Charleston County: closed-end loans on 1–4 unit investment properties. Charleston County's rank is highest first, among South Carolina's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Charleston County's investor loans.
What stands out in Charleston County
The average investor loan in Charleston County was $551K, the highest average of South Carolina's 17 counties with published data (statewide: $286K).
Loans here run large. Dominick arranges DSCR loans from $75,000 up through jumbo balances.
22.5% of Charleston County's investor loans were cash-out refinances, the 2nd-highest share of South Carolina's 17 counties with published data (statewide: 15.8%).
On the DSCR cash-out refinances Dominick arranges, cash-out can close with no seasoning.
57.4% of Charleston County's investor loans were purchases, the 4th-lowest share of South Carolina's 17 counties with published data (statewide: 64.8%).
Refinances are a larger share here than in most of South Carolina. A DSCR refinance qualifies on the property's current rent.
Does a DSCR loan pencil in Charleston County?
At HUD's fair market rent of $2,336 for a 3-bedroom in Charleston County, South Carolina, a rental covers its full DSCR payment up to a purchase price of about $375,000, with 20% down at the 7.25% starting rate (November 2026). Charleston County's median home value is $489,100; at that price the payment is $3,031 a month, so the property would need $3,050 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) | $1,884 / $2,336 / $2,687 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $489,100 |
| Median property taxes and effective rate | $1,901 (0.39% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $3,031 |
| Rent needed to cover that payment | $3,050 |
| Coverage of a 3-bedroom at fair market rent | 0.77 |
| Highest price a 3-bedroom at fair market rent covers | about $375,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $605,000 |
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 Charleston County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Charleston County?
The most active investment-property lenders in Charleston County in 2025 HMDA data were Citadel Servicing Corporation; Kiavi Funding, Inc.; and UNITED SHORE FINANCIAL SERVICES, LLC, out of 193 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 two that reported in Charleston County, and matches each file to the one most likely to fund it.
Charleston County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 964 loans and $530.7M from 193 lenders. Citadel Servicing Corporation led Charleston County with 122 loans, 12.7% of the county's total, and the average Charleston County loan of $551K compares with $286K across South Carolina.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Citadel Servicing Corporation | 122 | $15.8M | $130K | 71.3% |
| Kiavi Funding, Inc. | 48 | $17.5M | $365K | 83.3% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 32 | $11.8M | $370K | 59.4% |
| First Capital Bank | 23 | $26.0M | $1130K | 65.2% |
| CMG MORTGAGE, INC. | 23 | $10.0M | $436K | 82.6% |
| Rocket Mortgage, LLC | 23 | $9.2M | $398K | 47.8% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | 20 | $14.7M | $736K | 55.0% |
| ServisFirst Bank | 18 | $13.0M | $724K | 55.6% |
| HOMEXPRESS MORTGAGE CORP. | 18 | $7.0M | $388K | 11.1% |
| First-Citizens Bank & Trust Company | 17 | $9.9M | $580K | 58.8% |
| The Bank of South Carolina | 17 | $9.8M | $579K | 41.2% |
| Ameris Bank | 16 | $12.7M | $796K | 50.0% |
| SouthState Bank, National Association | 15 | $7.5M | $500K | 66.7% |
| BEACON COMMUNITY BANK | 14 | $14.8M | $1054K | 71.4% |
| Fairway Independent Mortgage Corporation | 13 | $6.5M | $503K | 76.9% |
| Pinnacle Bank | 13 | $6.4M | $490K | 46.2% |
| CROSSCOUNTRY MORTGAGE, INC. | 13 | $4.5M | $345K | 53.8% |
| NEXERA HOLDING LLC | 12 | $7.7M | $640K | 41.7% |
| MOVEMENT MORTGAGE, LLC | 12 | $6.1M | $512K | 58.3% |
| PENNYMAC LOAN SERVICES, LLC | 12 | $5.3M | $444K | 50.0% |
| DEEPHAVEN MORTGAGE LLC | 12 | $4.0M | $334K | 33.3% |
| CHAMPIONS FUNDING, LLC | 11 | $3.6M | $328K | 45.5% |
| GUARANTEED RATE, INC. | 10 | $8.8M | $878K | 30.0% |
| First Reliance Bank | 10 | $7.5M | $747K | 60.0% |
| THE LOAN STORE, INC. | 10 | $4.0M | $402K | 70.0% |
251 South Carolina loans (2.8%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Charleston County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Charleston County CSV, all 25 lenders
What Charleston County's table can't show you: fit. Short-term financing is exempt from HMDA, so Charleston County's fix-and-flip and bridge lenders barely appear among its 193 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 some 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 Charleston County, South Carolina deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Charleston 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 — Charleston County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 193 lenders and 964 loans: 2025 HMDA loan-level data rolled up to Charleston County.
- Charleston County investor-lender dataset (CSV) — All 25 lenders in the Charleston County, South Carolina table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Charleston 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 — Charleston 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.