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DSCR Rental Loans · South Carolina

DSCR loans for South Carolina rental properties.

Long-term rental financing for investment properties across South Carolina — qualified off the property's income, not your personal DTI. 30-year fixed from 5.75%, up to 80% LTV, and only 3 months of seasoning on cash-out refinances. SLA Capital has closed deals across every major South Carolina metro.

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SLA Capital — a Sir Lends A Lot LLC Company

What is a DSCR loan?

A DSCR loan — short for Debt Service Coverage Ratio — is an investor mortgage that qualifies off the property's rental income rather than the borrower's personal income or debt-to-income ratio. If the property's rent covers the total housing payment (principal, interest, taxes, insurance, and HOA), the loan qualifies. Self-employed investors, LLC-title borrowers, and anyone with complex tax returns can build a rental portfolio without W-2 gymnastics.

South Carolina market

Why South Carolina works for investor lending.

SC is one of the top-inflow states in the country. Greenville is a major manufacturing hub (BMW/Michelin) driving stable employment. Charleston combines port-city commercial activity with a strong coastal STR market. Landlord-friendly law rounds it out.

Sustained migration inflow

South Carolina has ranked among the top US states for net migration for years. That inflow shows up as sustained rental demand across every major metro.

Greenville manufacturing anchor

BMW's largest global plant, Michelin's North American HQ, and a deep automotive supply chain anchor Upstate SC's rental demand around Greenville and Spartanburg.

Coastal STR opportunity

Myrtle Beach, Hilton Head, Folly Beach, and Charleston's beach corridors host active short-term rental markets — SLA's DSCR program supports STR income where local zoning permits.

Metros served

SLA Capital lends across every South Carolina metro.

Whether you're closing a single-asset SFR in a smaller South Carolina market or a portfolio in a major metro, we're active statewide. High-volume markets we regularly close in include:

Charleston

Charleston County — plus Mount Pleasant, North Charleston, Summerville

Columbia

Richland + Lexington counties — capital + Fort Jackson demand

Greenville

Upstate SC — BMW/Michelin manufacturing hub

Spartanburg

Upstate — Inland Port + logistics anchor

Myrtle Beach

Horry County — coastal LTR + STR corridor

Rock Hill

York County — Charlotte-adjacent commuter market

Hilton Head & Bluffton

Beaufort County — premium coastal STR + LTR

Everywhere else

Statewide coverage — send us any South Carolina property

South Carolina DSCR loan terms.

Same nationwide program, no state-specific surcharges.

Pricing

Rates from 5.75%

Priced off the 5-year Treasury. Real quote in minutes via our loan sizer — no bait-and-switch at close.

Leverage

Up to 80% LTV

Purchase and rate-and-term refis up to 80% LTV. Cash-out refis with 3-month seasoning — no lease required.

Structures

Multiple options

30-year fixed, 5-year interest-only, 5/1 ARM, 7/1 ARM.

Size

$55K to $3M

Single-asset from $55K to $3M. Portfolio structures for 2–10 South Carolina properties on one note.

Fees

1 point origination

Up-front pricing. One origination point, standard closing costs, no junk fees.

Qualification

1.0 DSCR minimum

Property rent must cover PITIA. Below 1.0 scenarios can still qualify with reserves or a rate buy-up.

South Carolina DSCR FAQ

Common questions about DSCR loans in South Carolina.

Does SLA Capital lend on rental properties in South Carolina?

Yes. SLA Capital funds DSCR rental loans throughout South Carolina — Charleston, Columbia, Greenville, Spartanburg, Myrtle Beach, and every other SC metro. Rates from 5.75%, up to 80% LTV.

What DSCR loan rates are available in South Carolina?

South Carolina DSCR loans start at 5.75% on a 30-year fixed structure. Priced off the 5-year Treasury with transparent up-front pricing — the rate you're quoted is the rate you close at.

What South Carolina metros does SLA Capital serve?

Every South Carolina metro. High-volume markets: Charleston, Columbia, Greenville, Spartanburg, Myrtle Beach. Secondary markets welcome.

Is South Carolina a good state for rental property investors?

SC is one of the top-inflow states in the country. Greenville is a major manufacturing hub (BMW/Michelin) driving stable employment. Charleston combines port-city commercial activity with a strong coastal STR market. Landlord-friendly law rounds it out.

How long is seasoning on a South Carolina DSCR cash-out refinance?

3 months. Only 3 months of ownership seasoning is required for cash-out refinances on South Carolina DSCR loans, and no active lease is required at closing.

Get started

Ready to size a South Carolina DSCR loan?

Send us the property. Our sizer returns a real term sheet in minutes.

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