South Carolina Hard Money Loans
Hard money loans are short-term, asset-based loans secured by real property. Qualification is based on the property’s value and the deal’s exit strategy — not personal income documents, tax returns, or credit history. South Carolina real estate investors use hard money financing for fix-and-flip acquisitions, bridge needs, lot purchases, and value-add projects where speed and flexibility matter.
Hard money loans are business-purpose loans and are not subject to the state residential mortgage licensing restrictions that apply to FHA, VA, or conventional consumer home loans. We originate hard money loans across all 50 states.
Check Hard Money Loan Eligibility Talk to a Loan Specialist — (833) 350-9185Common Uses
- Fix-and-flip — purchase + renovation capital in one short-term loan
- Bridge loans — short-term financing between a sale and a new purchase, or while permanent financing is arranged
- Lot acquisition — builders who need fast close on buildable lots
- Value-add multi-family — bridge financing during repositioning before DSCR refinance
- Distressed property purchase — properties that don’t qualify for conventional financing due to condition
Typical Loan Terms
| Feature | Typical Range |
|---|---|
| Loan amounts | $100,000 – $5,000,000+ |
| LTV | Up to 70–75% ARV; up to 90% of purchase + rehab |
| Term | 6–24 months |
| Rate | 9–13% depending on deal, LTV, and experience |
| Origination | 1.5–3 points |
| Close time | 7–21 business days |
| Income docs | Not required — asset-based underwriting |
| Pre-payment | None on most programs |
Frequently Asked Questions
Related Programs
- Hard Money Loans (Nationwide) — Full program overview
- South Carolina DSCR Loans — Long-term investment property financing
- South Carolina Rehab Loans — Construction-draw renovation financing
- South Carolina Mortgage Programs — All products available in South Carolina
Check Hard Money Loan Eligibility Talk to a Loan Specialist — (833) 350-9185
Hard money loans are business-purpose loans secured by investment real property. Not consumer mortgage products. Not subject to TILA, RESPA, or state residential licensing laws applicable to consumer home loans. Terms, LTV, and rates vary by deal. Not all properties or borrowers will qualify. 1st Nationwide Mortgage, NMLS 1281.
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