DSCR Loans in Richland 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, 143 lenders made 724 investment-property loans in Richland County, 8.0% of South Carolina's total. Dominick Prevete arranges DSCR loans across Richland 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 $240,000.
Richland County investor market at a glance
| Statistic | Richland County | South Carolina | County rank |
|---|---|---|---|
| Investor loans | 724 | 9,079 | 4th of 17 |
| Reporting lenders | 143 | 498 | 5th of 17 |
| Loan volume | $147.4M | $2.59B | 5th of 17 |
| Average loan | $204K | $286K | 12th of 17 |
| Median loan | $165K | $195K | 14th of 17 |
| Purchases | 55.1% | 64.8% | 15th of 17 |
| Cash-out refinances | 20.9% | 15.8% | 4th of 17 |
| 2–4 unit properties | 13.4% | 8.1% | 3rd of 17 |
| Top five lenders' share | 32.5% | 16.9% | 6th of 17 |
| Reported business-purpose | 83.1% | 68.4% | 1st of 17 |
Richland County: closed-end loans on 1–4 unit investment properties. Richland County's rank is highest first, among South Carolina's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Richland County's investor loans.
What stands out in Richland County
By share of investor loans reported as business-purpose, Richland County ranks highest of South Carolina's 17 counties with published data (statewide: 68.4%).
83.1% of investor loans here were reported as business-purpose, the only kind of financing Dominick arranges.
13.4% of Richland County's investor loans financed a 2–4 unit property, the 3rd-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.
55.1% of Richland County's investor loans were purchases, the 3rd-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 Richland County?
At HUD's fair market rent of $1,546 for a 3-bedroom in Richland County, South Carolina, a rental covers its full DSCR payment up to a purchase price of about $240,000, with 20% down at the 7.25% starting rate (November 2026). Richland County's median home value is $242,800; at that price the payment is $1,563 a month, so the property would need $1,575 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) | $1,226 / $1,546 / $1,754 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $242,800 |
| Median property taxes and effective rate | $1,637 (0.67% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,563 |
| Rent needed to cover that payment | $1,575 |
| Coverage of a 3-bedroom at fair market rent | 0.99 |
| Highest price a 3-bedroom at fair market rent covers | about $240,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $380,000 |
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 Richland County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Richland County?
The most active investment-property lenders in Richland County in 2025 HMDA data were Kiavi Funding, Inc.; UNITED SHORE FINANCIAL SERVICES, LLC; and Arthur State Bank, out of 143 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 Richland County, and matches each file to the one most likely to fund it.
Richland County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 724 loans and $147.4M from 143 lenders. Kiavi Funding, Inc. led Richland County with 126 loans, 17.4% of the county's total, and the average Richland County loan of $204K compares with $286K across South Carolina.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Kiavi Funding, Inc. | 126 | $27.3M | $217K | 55.6% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 43 | $7.0M | $162K | 46.5% |
| Arthur State Bank | 23 | $8.4M | $365K | 73.9% |
| LENDINGONE, LLC | 22 | $3.7M | $168K | 90.9% |
| Loan Funder LLC | 21 | $7.2M | $341K | 33.3% |
| GUILD MORTGAGE COMPANY | 21 | $3.5M | $166K | 81.0% |
| AMERICAN HERITAGE LENDING, LLC | 21 | $3.3M | $157K | 14.3% |
| First Community Bank | 19 | $4.2M | $223K | 57.9% |
| Rocket Mortgage, LLC | 18 | $3.3M | $183K | 22.2% |
| First Palmetto Bank | 17 | $4.4M | $261K | 88.2% |
| VELOCITY COMMERCIAL CAPITAL, LLC | 16 | $1.8M | $113K | 0.0% |
| CV3 FINANCIAL SERVICES, LLC | 14 | $2.7M | $190K | 57.1% |
| Assurance Financial Group, L.L.C. | 13 | $2.2M | $166K | 30.8% |
| BPL MORTGAGE TRUST, LLC | 13 | $1.7M | $133K | 30.8% |
| OCMBC, INC. | 11 | $1.7M | $153K | 45.5% |
| First-Citizens Bank & Trust Company | 11 | $1.5M | $138K | 63.6% |
| TEMPLE VIEW CAPITAL FUNDING, LP | 10 | $2.5M | $245K | 30.0% |
| CROSSCOUNTRY MORTGAGE, INC. | 10 | $2.1M | $210K | 80.0% |
| GUARANTEED RATE AFFINITY, LLC | 10 | $1.7M | $172K | 90.0% |
| DOMINION FINANCIAL SERVICES, LLC | 9 | $2.4M | $263K | 33.3% |
| First Reliance Bank | 9 | $2.2M | $248K | 100.0% |
| LIMA ONE CAPITAL, LLC | 8 | $1.7M | $211K | 50.0% |
| Ameris Bank | 8 | $1.6M | $196K | 87.5% |
| ABL RPC Residential Credit Acquisition LLC | 8 | $1.5M | $184K | 0.0% |
| DEEPHAVEN MORTGAGE LLC | 8 | $1.1M | $140K | 25.0% |
251 South Carolina loans (2.8%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Richland County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Richland County CSV, all 25 lenders
What Richland County's table can't show you: fit. Short-term financing is exempt from HMDA, so Richland County's fix-and-flip and bridge lenders barely appear among its 143 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 Richland County, South Carolina deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Richland 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 — Richland County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 143 lenders and 724 loans: 2025 HMDA loan-level data rolled up to Richland County.
- Richland County investor-lender dataset (CSV) — All 25 lenders in the Richland County, South Carolina table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Richland 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 Columbia, SC HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Richland 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.