Hard Money Loans in South Carolina

South Carolina hard money loans designed for fix-and-flip projects and new construction. Fund your property purchases, cover rehab costs, and build from the ground up—perfect for both new and experienced investors looking to maximize returns.

Featured In

LogoLogoLogoLogoLogoLogoLogoLogoLogoLogoLogoLogoLogoLogoLogoLogoLogoLogoLogoLogoLogoLogoLogoLogoLogoLogoLogoLogoLogoLogoLogoLogoLogoLogoLogoLogo

Why Choose Us for Hard Money Loans in South Carolina

We provide fast, reliable, and flexible hard money loan solutions tailored for real estate investors in South Carolina. Whether you’re funding a fix-and-flip, renovation, or new construction project, our team ensures quick approvals, competitive rates, and personalized terms.

Competitive Terms

We offer competitive terms on investment property loans in South Carolina. Fix-and-flip loan rates typically range from 10.5% to 11.25% with origination fees between 1.5% and 2.99%. DSCR loans are available at rates from 6.5% to 7.99% with a 1.0% origination fee.

Simple Online Application

Real estate investors can apply online, receive pre-approval, or book a quick call in just a couple of minutes. Getting started is fast and hassle-free.

Quick Turnaround

Our team is ready to assist you. Submit a Quick Application or Pre-Approval, and we’ll respond within 1 business hour. Funding for your project can be completed in as little as 7 days.

Reliable Financing

Integrity and honesty are at the core of our work. When we approve a loan, you can count on closing on time.

South Carolina Hard Money Loan Products

South Carolina Fix-and-Flip Loans

Loans for Property Purchase & Renovation

  • Loan Amount: $50,000 – $3,000,000

  • Interest Rate: 10.5% – 11.25%

  • Origination Fee Starting at 1.5%

  • Finance Up to 90% of Purchase Price & 100% of Rehab Costs

  • Beginner-Friendly Fix & Flip Loans

South Carolina DSCR Loans

30-Year Financing for Rental Properties

  • Maximum Loan: $2,000,000

  • Interest Rate: 6.25% – 7.99%

  • Origination Fee Starting at 0%

  • Up to 80% Loan-to-Value

  • Suitable for Short-Term & Long-Term Rentals

South Carolina Ground-Up Construction

For New Builds & Completion Projects

  • Loan Amount: Up to $3,000,000

  • Interest Rate: 10.99% – 12.25%

  • Origination Fee Starting at 2.0%

  • Finance Up to 75% of Purchase & 100% of Construction Costs

  • Up to 90% of Loan-to-Cost

  • State

    South Carolina

  • Loan Type

    Fix and Flip

  • Loan Amount

    $485,500

  • Loan Amount (if applicable)

    85% of Purchase + 100% Of Rehab

  • Rate

    11.00%

  • Points

    2.55%

South Carolina Deal Summary

This 4-bedroom, 3-bathroom home in Mansfield presented a strong BRRRR investment opportunity. Purchased for $485,000, the investor allocated $80,000 for renovations to modernize the property and boost its rental appeal. With an after-repair value (ARV) of $350,000 and high local rental demand, the project offered a promising route to profitability. Financing was provided to support the investor’s growing experience.

Key Highlights:

  • Strong LTV: Financing covered 82.5% of the $185,000 purchase price and 100% of the $80,000 renovation costs.

  • Proven Borrower: The investor had successfully completed one prior project, demonstrating their capability to execute a BRRRR strategy.

  • Refinance-Ready ARV: With an estimated ARV of $350,000 and potential rental income of $2,400 per month, the property was well-positioned for a cash-out refinance.

Frequently Asked Questions

How Do You Qualify for a Hard Money Loan in South Carolina?

To be eligible for a hard money loan in South Carolina, borrowers typically need to meet the following requirements:

A minimum credit score of 640 or higher

A strong investment opportunity with at least a 10% return on investment (ROI)

An active LLC or corporation registered in the state of Pennsylvania

Which property types are eligible for hard money financing in South Carolina?

Hard money financing in South Carolina can be used for several types of real estate investments, such as:

Single-family and small residential properties (1–4 units)

Medium-sized multifamily properties (5–25 units)

Certain commercial real estate projects

What interest rates and loan terms are available for hard money loans in North South Carolina?

Interest rates for hard money loans in South Carolina typically vary based on the borrower’s experience and credit profile. Rates generally range between 10.5% and 11.5%. For fix-and-flip projects, the average rate is around 10.75%, offered as an interest-only loan with no prepayment penalty.

How is the loan-to-value (LTV) calculated for hard money loans in South Carolina?

The loan amount is determined using several factors related to the project and investor profile. In general, first-time investors may qualify for financing of up to 80% of the purchase price plus 100% of the renovation costs. More experienced investors can access higher leverage, with financing of up to 90% of the purchase price along with 100% of the rehab budget.

Can a hard money loan be used for rental properties in South Carolina?

Yes, a hard money loan can be used to acquire and renovate a rental property in South Carolina. Once the property is stabilized, it can be refinanced into a DSCR loan. If the property is already rent-ready at the time of purchase, hard money financing may not be necessary, and you can move directly into DSCR financing.

Best Cities To Invest In Real Estate In South Carolina

Charleston, SC

Charleston’s fix-and-flip and fix-and-refinance market offers strong opportunities for real estate investors looking to capitalize on the city’s steady population growth and high demand for updated housing. Historic homes in areas like North Charleston and West Ashley present profitable flip opportunities, while coastal vacation rentals offer strong refinance potential after value-add renovations. With limited inventory and rising home values, investors who secure the right financing can maximize returns by quickly improving distressed properties and repositioning them for resale or short-term rental income.

Myrtle Beach, SC

Myrtle Beach is an appealing market for fix-and-flip and fix-and-refinance projects, fueled by steady population growth and a strong tourism industry. Older beachfront condos and single-family homes that need updates can generate significant returns when renovated thoughtfully, especially in areas popular with vacationers and retirees. Inland neighborhoods also offer value-add opportunities as the city’s development continues to expand. With high demand for modernized properties and a thriving short-term rental market, investors have the potential to enhance resale value or create consistent long-term income through strategic renovations.

Apply For A South Carolina Loan

Active Deal

I have an active deal and would like a Term Sheet.

Pre-Approval

I’d like to to get pre-approved so I can find my next deal.

Schedule A Call

I’d like to schedule a call.

Contact Information

Mon – Fri: 9:00 AM – 6:00

Sat – Sun: Closed

Follow Us

© 2025 Investors Mortgage Group. All Rights Reserved.

Designed and Developed by Muhammad Naseer