OfferMarket for South Carolina investors
OfferMarket is a direct DSCR lender with a 660 minimum credit score (680 preferred) and a 0.75 minimum DSCR. The maximum 80% LTV tier requires a 720+ credit score. The company does not publish minimum/maximum loan size, rate, or state-coverage figures in the sources reviewed.
South Carolina context
South Carolina low property tax. Charleston and Myrtle Beach STR active. Strong investor-friendly state.
How OfferMarket positions in South Carolina
Within South Carolina, OfferMarket competes alongside other DSCR lenders. OfferMarket strengths: 0.75 minimum DSCR, Direct lender. The high aggregate DSCR economics of South Carolina create demand for OfferMarket programs in Charleston and Columbia particularly.
City-level coverage in South Carolina
OfferMarket 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. OfferMarket 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 | rental DSCR |
| Loan size | — - — |
| Rates | Not publicly published |
| Points | Not publicly published |
| Max LTV | 80% of ARV |
| Term lengths | Not publicly published |
| Typical close time | Not publicly published |
| South Carolina property tax | 0.6% |
| South Carolina state income tax | 6.5% |
OfferMarket strengths in South Carolina
- 0.75 minimum DSCR
- Direct lender
- Maximum 80% LTV available at 720+ credit score
Ideal borrower: Investor with a 660+ credit score (720+ preferred for maximum 80% LTV) and at least 0.75 DSCR.
FAQ
Likely; verify direct South Carolina coverage. OfferMarket is based in an undisclosed location and operates in states not publicly disclosed.
Charleston is the top investor market in South Carolina and is generally within OfferMarket states not publicly disclosed footprint. Charleston property tax follows the South Carolina state rate of 0.6 percent. OfferMarket 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 OfferMarket. Submarket variation within Columbia matters for property selection.
OfferMarket 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 OfferMarket program.
OfferMarket does not publish a rate sheet. Pricing is quoted per deal and depends on credit, leverage, coverage ratio and experience.
South Carolina low property tax. Charleston and Myrtle Beach STR active. Strong investor-friendly state. OfferMarket follows standard business-purpose loan structures.
OfferMarket funds rental DSCR in South Carolina.
South Carolina allows standard DSCR prepay structures; OfferMarket typically uses 3-5 year step down.
OfferMarket typical close: Not publicly published.
Bottom line
South Carolina investors considering OfferMarket should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with OfferMarket.