Loan Scenario:

An investor in Orangeburg wanted to unlock equity from a single-family rental without disturbing the long-term hold, so American Heritage Lending arranged a cash-out refinance that put working capital back in their hands. As a newer investor still building scale, the borrower needed a program that judged the deal on the property’s ability to pay for itself rather than on personal income, and our DSCR loan did exactly that.

We closed at 70% loan-to-value on a $185,000 appraised value, delivering a $129,500 loan on a 30-year term with a debt-service coverage ratio comfortably above one. That conservative leverage left a healthy equity cushion in place while still freeing up cash the investor can redeploy into the next acquisition.

Orangeburg sits in the heart of South Carolina’s Midlands, a market where affordable single-family homes and steady rental demand from a college town and regional employment base make for dependable, workmanlike cash flow. It’s the kind of place where a patient buy-and-hold strategy quietly compounds, and where pulling equity out of one property to fund the next is a proven way to grow. AHL was happy to help this South Carolina investor keep that momentum going, and we’re standing by with the financing for whatever comes next.

Similar Recently Funded Case Studies: DSCR Loan in Memphis, TN  •  DSCR Loan in Akron, OH  •  DSCR Loan in Mcalester, OK

Additional Images