Anchor Loans for South Carolina investors
Anchor Loans is one of the oldest national hard money lenders. Long track record across multiple market cycles.
South Carolina context
South Carolina low property tax. Charleston and Myrtle Beach STR active. Strong investor-friendly state.
How Anchor Loans positions in South Carolina
For South Carolina specifically, Anchor Loans fits investors who match the hard money approach. The high cash flow profile of South Carolina aggregate makes it a target market for Anchor Loans.
City-level coverage in South Carolina
Anchor Loans provides DSCR coverage across South Carolina metros including Charleston, Columbia, and Greenville. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Anchor Loans program terms apply uniformly across South Carolina metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | fix-and-flip, BRRRR, rental, bridge |
| Loan size | $100K - $5.0M |
| Rates | 9.5%-12% |
| Points | 1 - 3 |
| Max LTV | 80% of ARV |
| Term lengths | 6-24 months |
| Typical close time | 10-21 days typical |
| South Carolina property tax | 0.6% |
| South Carolina state income tax | 6.5% |
Anchor Loans strengths in South Carolina
- oldest national hard money lender
- experienced underwriting
- high-volume capacity
Ideal borrower: Experienced investor with track record
FAQ
Yes, operates nationally including South Carolina. Anchor Loans is based in Calabasas, CA and operates nationally.
Charleston is the top investor market in South Carolina and falls within Anchor Loans national coverage. Charleston property tax follows the South Carolina state rate of 0.6 percent. Anchor Loans typically underwrites Charleston acquisitions at standard rate sheets.
Yes. Columbia ranks among the larger South Carolina investor metros and sees consistent DSCR loan volume from Anchor Loans. Submarket variation within Columbia matters for property selection.
Anchor Loans applies the same rate sheet across South Carolina metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Charleston, Columbia, and Greenville all qualify for the same Anchor Loans program.
Anchor Loans indicative DSCR rate range is 9.5 to 12 percent with 1 to 3 points.
South Carolina low property tax. Charleston and Myrtle Beach STR active. Strong investor-friendly state. Anchor Loans follows standard business-purpose loan structures.
Anchor Loans funds fix-and-flip, BRRRR, rental, bridge in South Carolina.
South Carolina allows standard DSCR prepay structures; Anchor Loans typically uses 3-5 year step down.
Anchor Loans typical close: 10-21 days typical.
Bottom line
Anchor Loans in South Carolina works for the right borrower-deal combination. Match the lender to your deal characteristics.
Independent directory listing. DSCR Loan Program is not affiliated with Anchor Loans.