STR / Airbnb DSCR Loans in South Carolina
South Carolina's STR market clusters around Charleston (urban historic), Hilton Head Island (resort), Myrtle Beach (high-volume tourist), and Greenville. Charleston has tightened STR rules; Hilton Head and Myrtle Beach are resort-permissive but require operator licensing.
Top South Carolina markets for str / airbnb dscr
- Charleston: Premium historic-district STR; permits restricted to licensed operators.
- Hilton Head Island: Resort STR; villa and condotel inventory.
- Myrtle Beach / Grand Strand: High-volume coastal STR; condotel-heavy.
- Greenville: Smaller urban Airbnb market; growing.
South Carolina quick facts
- •Charleston: tight STR zoning
- •Hilton Head: resort-permissive
- •SC state STR tax 7%
- •Active resort property management market
Active programs available in South Carolina
Bridge Loan for Investors
confirmed 5/9/2026A streamlined short-term bridge loan program for non-owner-occupied investment properties, offering interest-only payments and no income documentation requirements for entity-based borrowers.
DSCR Loan for Investment Properties
confirmed 5/9/2026A DSCR loan program for investment properties that allows for short-term rentals, vacant properties, and qualification based on market rent without requiring a lease.
Foreign National Investment Loan
confirmed 5/9/2026Financing program for international investors purchasing U.S. real estate that does not require U.S. credit history or traditional U.S. income documentation.
Non-QM Investor Loan
confirmed 5/9/2026Financing solutions for condo projects that do not meet standard Fannie Mae or Freddie Mac guidelines, including those with litigation, high commercial space, or investor concentration.
Specialized Investor Loan Program
confirmed 5/10/2026A flexible, fully amortized HELOC solution for primary, second home, and investment properties with loan amounts up to $750,000 and fast funding in as little as 5 days.
Fix & Flip Loan for Investors
confirmed 5/9/2026Financing for experienced investors and developers focused on fix-and-flip projects with fast closing timelines.
DSCR Loan for Investment Properties
confirmed 5/9/2026A flexible Non-QM program offering full income, alternative income, and DSCR documentation options with fixed, adjustable, and interest-only rate structures.
Bank Statement Loan
confirmed 5/10/2026A non-QM bank statement program for service and tip industry workers that uses 12-24 months of bank deposits to calculate income without requiring tax returns.
South Carolina STR / Airbnb DSCR FAQs
Is Airbnb legal in Charleston?
Charleston has tight STR rules. Type 1 (owner-occupied) is allowed in most zones. Type 2 (non-owner-occupied) is restricted to specific zones with caps. Verify zoning before purchase.
Hilton Head STR rules?
Beaufort County requires operator registration and short-term rental tax collection (4% state + 3% county + accommodations fee). Most resort villas operate under property management companies.
SC state STR taxes?
SC state sales tax 7% (5% sales + 2% accommodations) plus local accommodations tax (2-5% varies by county). Most platforms collect.
General str / airbnb dscr questions
How is short-term rental income verified?
Three common methods: (1) 12-month trailing statement from Airbnb/VRBO/PriceLabs, (2) AirDNA Rentalizer report for the subject address, or (3) market-rent appraisal addendum that captures STR comps.
What expenses are deducted from gross STR income?
Most lenders apply a 20–25% expense deduction (cleaning, supplies, platform fees, vacancy) to gross STR revenue before computing DSCR. Some lenders use 30%.
Can I get an STR loan in a market that just banned short-term rentals?
Generally no. Lenders verify local STR ordinances and will pivot to long-term DSCR (or decline) if the address sits in a permit-restricted zone.
Got a South Carolina str / airbnb dscr scenario?
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