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    Rental property financing

    DSCR Investor Loans in South Carolina

    Last updated October 14, 2026

    ABS Home Mortgage offers DSCR loans for rental property investors in South Carolina. A DSCR (debt service coverage ratio) loan qualifies the property on its rental income rather than your personal tax returns, so it suits self-employed investors, investors with many properties, and borrowers whose tax returns understate their income. Programs, eligibility and terms vary by property and borrower, subject to underwriting.

    ApplyCall 630-357-1600

    Toll Free: 1-866-666-2378 (866-666-BEST)

    Rental homes in Greenville, South Carolina — ABS Home Mortgage DSCR investor loans

    Program availability and eligibility as of October 10, 2026; subject to change and underwriting.

    DSCR loans are business-purpose loans for investment property. We do not offer owner-occupied home loans in South Carolina.

    Financing for rental property investors

    Qualified on rental income

    We compare the property's rent to its monthly housing costs, subject to underwriting.

    Limited income documentation

    Borrower income documentation is generally limited. We confirm the documents your program requires.

    Entity borrowing may be available

    Buying through an LLC may be an option. We review your entity documents and confirm eligibility.

    For rental property investors

    We work with self-employed and portfolio investors, including borrowers whose tax returns understate their income.

    Who it fits

    • Self-employed investors
    • Portfolio investors
    • Investors buying through an LLC: entity borrowing may be available, confirm with us
    • Investors who want to scale without personal-income limits, subject to program rules

    We review the property and borrower together. Eligibility is subject to underwriting.

    How a DSCR loan works

    We compare the property's rent to its monthly housing costs: principal, interest, taxes, insurance and HOA dues. Borrower income documentation is generally limited.

    Down payment, rate and DSCR requirements vary by program and are provided on a call.

    Model your property's DSCR · Read our DSCR loan overview

    Property types

    • Single-family rentals
    • Two-to-four unit properties
    • Condos and townhomes

    Property types are subject to program rules. Short-term rental eligibility depends on the program and documentation; ask us.

    Our purchase closing timeline

    Our average purchase close is 21 calendar days; timelines vary by file and no timeline is guaranteed.

    As of October 10, 2026; subject to change. Documentation, appraisal and underwriting can affect the timeline.

    Documents we typically ask for

    • Lease or market rent analysis
    • Property insurance quote
    • Entity documents if buying in an LLC
    • ID
    • Bank statements for reserves
    • Purchase contract

    We confirm the documents required by your program. Additional documentation may be needed.

    Where investors buy in South Carolina

    Greenville-Spartanburg

    BMW's Spartanburg plant supports more than 42,000 jobs statewide, according to BMW's economic impact study.

    Charleston

    Port and aerospace employers, including Boeing's North Charleston plant and SC Ports, support tens of thousands of Lowcountry jobs.

    Fort Mill and York County

    Charlotte's South Carolina suburbs. Fort Mill was the fastest-growing city of its size in the Charlotte metro between 2024 and 2025.

    Rental property investing in South Carolina

    South Carolina was the fastest-growing state in the country from 2024 to 2025, according to the state's labor market office.

    Property tax is where South Carolina investors most often miss. A home the owner lives in is assessed at 4% of value and exempt from school operating taxes, but a rental is assessed at 6% and pays school operating millage (S.C. Code 12-43-220, 12-37-220). A rental's tax bill can be much higher than the seller's, so we underwrite the rental figure, not the current owner's bill.

    Landlord-tenant basics: a landlord gives five days' written notice for nonpayment, which can be included in the lease (S.C. Code 27-40-710). Deposit deductions must be itemized within 30 days (27-40-410). Charleston requires an annual short-term rental permit, and Greenville requires proper zoning and a permit.

    For legal or tax questions, confirm with your attorney or tax advisor.

    Sources

    Local information as of October 14, 2026; subject to change.

    South Carolina DSCR loan FAQs

    A DSCR (debt service coverage ratio) loan qualifies a rental property on its rental income rather than your personal tax returns. We compare the property's rent to its monthly housing costs, subject to underwriting.

    Personal tax returns are generally not used to qualify the property on a DSCR loan, and borrower income documentation is generally limited. We confirm the documents required by your program.

    Entity borrowing may be available. We review your LLC documents and confirm whether the property and entity meet the program's requirements.

    It depends on the program and documentation. Ask us about the property and your rental plan so we can review the requirements.

    We work with rental property investors in South Carolina, including Greenville-Spartanburg, Charleston and the Fort Mill area, subject to program availability and underwriting.

    If the seller lived in the home, it was likely assessed at the 4% owner-occupied ratio and exempt from school operating taxes. As a rental it's assessed at 6% and pays school operating millage (S.C. Code 12-43-220), so the bill can rise substantially. We use the rental figure when we calculate DSCR.

    Five days' written notice, which can be included in the lease in conspicuous language (S.C. Code 27-40-710). Confirm the details with your attorney.

    Let's review your South Carolina rental property

    We can review your rental income, property costs and documents and explain which financing options may fit.

    ApplyCall 630-357-1600

    Toll Free: 1-866-666-2378 (866-666-BEST)

    Also see: all loan products · DSCR loans · request today's rate · DSCR calculator

    DSCR by State

    ABS Home Mortgage is licensed in Illinois, Florida, Georgia and Texas.

    DSCR loans are business-purpose loans for investment property. We do not offer owner-occupied home loans in South Carolina.

    ABS Home Mortgage, Inc. — NMLS ID: 209985. Bhupesh Saggar, Mortgage Loan Originator — NMLS ID: 221364. Equal Housing Lender.

    This is not a commitment to lend. Rates, terms, and programs subject to change without notice. All loans subject to credit approval.

    South Carolina investor reading

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    No Income? No Problem: DSCR Loans in 2026

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    Our average purchase closing is 21 calendar days. Here's exactly what happens each week — documents, underwriting, appraisal, title, and the Closing Disclosure clock.

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    DSCR Loan Down Payments: How Much Do You Really Need in 2026?

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