DSCR Loans in South Carolina
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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Dominick Prevete arranges DSCR loans across South Carolina, qualified on the property's rent, not your tax returns. DSCR rental loans start from 7.125% (October 2026), and most close in 14 days. In 2025 HMDA data, 498 lenders made 9,079 investment-property loans in South Carolina; the most active are in the table below.
South Carolina investor market at a glance
| Statistic | South Carolina | 26 states | State rank |
|---|---|---|---|
| Investor loans | 9,079 | 461,927 | 22nd of 26 |
| Reporting lenders | 498 | 3,509 | 14th of 26 |
| Loan volume | $2.59B | $163.80B | 20th of 26 |
| Average loan | $286K | $355K | 13th of 26 |
| Median loan | $195K | — | 17th of 26 |
| Purchases | 64.8% | 58.8% | 1st of 26 |
| Cash-out refinances | 15.8% | 19.8% | 21st of 26 |
| 2–4 unit properties | 8.1% | 16.5% | 20th of 26 |
| Top five lenders' share | 16.9% | 22.1% | 25th of 26 |
| Reported business-purpose | 68.4% | 72.6% | 18th of 26 |
South Carolina: closed-end loans on 1–4 unit investment properties. Rank is highest first among the 26 states with published data. The 26-state figures are totals for loans and volume, distinct filers for lenders, and loan-weighted averages for every share; a median does not combine across states.
What stands out in South Carolina
64.8% of South Carolina's investor loans were purchases, the highest share of the 26 states with published data (26-state figure: 58.8%).
Most investor loans here are purchases. A DSCR purchase qualifies on the property's rent, so you can get written terms before you make an offer with the Instant Term Sheet.
The five most active lenders wrote 16.9% of South Carolina's investor loans, the second-lowest share of the 26 states with published data (26-state figure: 22.1%).
Lending here is spread across many lenders; the best fit depends on the deal more than the lender's size.
Who are the DSCR and investment-property lenders in South Carolina?
The most active investment-property lenders in South Carolina in 2025 HMDA data were Kiavi Funding, Inc.; UNITED SHORE FINANCIAL SERVICES, LLC; and Rocket Mortgage, LLC, out of 498 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 South Carolina, and matches each file to the one most likely to fund it.
Every year, lenders report their originations under the Home Mortgage Disclosure Act. We filtered South Carolina's 2025 filings to closed-end loans on 1–4 unit investment properties: 9,079 loans totaling $2.59B across 498 lenders. These were the most active.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Kiavi Funding, Inc. | 535 | $123.4M | $231K | 74.2% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 370 | $84.9M | $229K | 53.5% |
| Rocket Mortgage, LLC | 258 | $61.3M | $238K | 47.3% |
| The Conway National Bank | 193 | $42.4M | $220K | 50.3% |
| LENNAR MORTGAGE, LLC | 181 | $33.3M | $184K | 99.4% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | 175 | $51.0M | $292K | 82.3% |
| RCN Capital, LLC | 173 | $29.5M | $171K | 28.3% |
| MOVEMENT MORTGAGE, LLC | 169 | $56.7M | $335K | 85.8% |
| Anderson Brothers Bank | 169 | $37.9M | $224K | 82.2% |
| Citadel Servicing Corporation | 163 | $25.0M | $153K | 68.1% |
| LIMA ONE CAPITAL, LLC | 137 | $35.5M | $259K | 62.0% |
| CROSSCOUNTRY MORTGAGE, INC. | 133 | $34.5M | $259K | 78.9% |
| AMERICAN HERITAGE LENDING, LLC | 128 | $25.1M | $196K | 55.5% |
| HOMEXPRESS MORTGAGE CORP. | 127 | $30.9M | $244K | 37.8% |
| Loan Funder LLC | 115 | $37.9M | $330K | 49.6% |
| THE LOAN STORE, INC. | 112 | $28.0M | $250K | 72.3% |
| Coastal Carolina National Bank | 111 | $34.7M | $312K | 91.0% |
| Hometown Equity Mortgage, LLC | 106 | $34.2M | $322K | 53.8% |
| Ameris Bank | 105 | $41.4M | $394K | 67.6% |
| First-Citizens Bank & Trust Company | 103 | $24.6M | $239K | 66.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | 89 | $21.0M | $236K | 6.7% |
| CHAMPIONS FUNDING, LLC | 82 | $22.9M | $279K | 52.4% |
| T2 FINANCIAL LLC | 82 | $19.8M | $242K | 91.5% |
| GUILD MORTGAGE COMPANY | 82 | $16.5M | $201K | 78.0% |
| Fairway Independent Mortgage Corporation | 77 | $24.5M | $318K | 77.9% |
Source: 2025 HMDA loan-level data (CFPB/FFIEC Data Browser), retrieved October 31, 2026. Updated annually. See how this data is built or download the full dataset (CSV) — all 498 reporting lenders with every underlying figure. Researching the market rather than financing a property? The South Carolina lending data page covers this table on its own.
What this table can't show you: fit. HMDA exempts short-term financing, so fix-and-flip and bridge lenders barely appear here — and no federal dataset knows which lender's 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 South Carolina deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a 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 — South Carolina's at-a-glance figures, its rank among the 26 states, its observations and the Quick Read's 498 lenders and 9,079 loans: 2025 HMDA loan-level data.
- South Carolina investor-lender dataset (CSV) — Every South Carolina lender behind the table above, with volume, average loan and purchase share for each.
- South Carolina investor lending data, Dominick Prevete — The South Carolina table on its own, with the state's concentration figures and the method behind them.
- DSCR loan rates, Dominick Prevete — DSCR rental loans start from 7.125%, as of October 2026: the Instant Term Sheet's best-case scenario on the current rate sheets.