Recently Funded DSCR Loan In Hartsville, South Carolina
Loan Scenario:
American Heritage Lending funded a $166,500 DSCR cash-out refinance for an experienced investor on a single-family rental in Hartsville, South Carolina. The home appraised at $222,000, and with the loan set at 75% loan-to-value the borrower pulled working capital out of the property while the rent still covered the payment at a 1.099 DSCR. Closing in the name of an entity through AHL’s Invest Star product, this owner, who already holds two investment properties, freed up equity to redeploy into the next acquisition, all on a long-term 30-year term.
Hartsville anchors Darlington County in South Carolina’s Pee Dee region, with a steady employment base built around Coker University and longtime corporate resident Sonoco. Affordable price points and consistent tenant demand make the market a favorite for cash-flow-focused investors who want yield without big-city acquisition costs. For a borrower scaling a portfolio one property at a time, a cash-out refinance like this one turns trapped equity into the fuel for the next deal.
Want to put your rental’s equity to work? Get prequalified with American Heritage Lending.
Similar Recently Funded Case Studies: DSCR Loan in Darlington, SC • DSCR Loan in Orangeburg, SC • DSCR Loan in Shaker Heights, OH
Key Deal Points
| Address | Hartsville, SC |
| Loan Type | DSCR Cash Out Refinance |
| Borrower Profile | Experienced Investor |
| Property Type | Single Family Detached |
| Appraised Value | $222,000 |
| Loan Amount | $166,500 |
| Loan To Value (LTV) | 75% |
| DSCR | 1.099 |
| Loan Term | 30-Year |
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