South Carolina Investment Property Loans

Financing an investment property in South Carolina? 1st Nationwide Mortgage offers DSCR and non-owner-occupied bank statement programs for South Carolina real estate investors through business-purpose lending.

Investment Property Programs Available in South Carolina

South Carolina programs are business-purpose, non-owner-occupied only:

• DSCR Loans — Qualify on the property’s rental income. No tax returns, no W-2s, no employment verification.
• Bank Statement Loans — Non-owner-occupied financing qualified on 12 or 24 months of deposits instead of tax returns.
• NONI / Foreign National Loans — No income, no asset verification for investment property. Available in 49 states.
• Commercial Real Estate Loans — 5+ unit multi-family, mixed-use, office, retail, and industrial. Available in all 50 states.
• Hard Money Loans — Short-term, asset-based financing for fix-and-flip, lot acquisition, and value-add deals. Available in all 50 states.
• Rehab Loans — Purchase and renovation financing in one loan. Fix-and-flip, BRRRR, and value-add projects.
• Bridge Loans — Short-term financing between an acquisition and permanent loan, or while a property is stabilizing.

Owner-occupied and consumer mortgage products (FHA, VA, USDA, conventional, jumbo, reverse) are not offered in South Carolina.

Bank Statement Loans for South Carolina’s Self-Employed

South Carolina has a large and growing self-employed population — independent contractors in the Greenville-Spartanburg manufacturing corridor, restaurant and hospitality operators in Charleston, tourism and short-term rental managers along Myrtle Beach and Hilton Head, and construction contractors active across the Lowcountry. For these borrowers, tax returns frequently understate actual income after legitimate business deductions. A bank statement loan solves that: the lender qualifies you on 12 or 24 months of deposit activity instead of IRS filings.

If you own a business or work for yourself in South Carolina, a bank statement loan can unlock purchasing power that conventional underwriting won’t recognize. Requirements are straightforward — two years self-employed, consistent deposit history, and a credit score of 640 or better. Loan amounts reach $3M+, which matters in Charleston’s luxury coastal markets and resort communities like Kiawah Island.

View South Carolina Bank Statement Loan details, requirements, and FAQs →

Why South Carolina Investors Work With Us

• Business-purpose lending, not consumer lending. South Carolina investment property is financed under business-purpose programs, so qualification runs on the asset and the deal — not on your personal tax returns.
• No debt-to-income ceiling on property count. DSCR ignores personal DTI entirely, so there is no conventional 4–10 financed-property limit constraining your portfolio.
• LLC vesting is standard. Title in an entity is routine for our South Carolina investor files, not an exception that slows the deal down.
• South Carolina is an attorney closing state. We build a 24-hour document approval window into the schedule so it never surprises your closing date.
• Direct answers on real deals. Call and talk to someone who has underwritten the scenario before.

South Carolina City Loan Programs

• Charleston — DSCR Loans
• Greenville — DSCR Loans

Get Started Today

Financing an investment property in South Carolina? Call us at (833) 350-9185 or check DSCR eligibility .