Non-QM Loans in Charleston, SC
Find lenders offering non-qm loans in the Charleston, including Mount Pleasant, North Charleston, Summerville, and surrounding areas. Compare rates, terms, and programs from 33 lenders.
Non-QM Lenders Serving Charleston
33 lenders offering non-qm loans in the Charleston, SC area.
A&D Mortgage
Fort Lauderdale, FL
Wholesale non-QM lender. DSCR loans with 0 minimum DSCR, 80% max LTV, min FICO 620.
Angel Oak Mortgage Solutions
Atlanta, GA
Major non-QM and DSCR lender. Investor cash flow loans up to $1.5M. 40-year terms with interest-only options. No limit on properties.
Athas Capital Group
CA
Wholesale non-QM lender offering bank statement, DSCR, asset qualifier, and foreign national programs.
Carrington Mortgage Services
Anaheim, CA
Non-QM specialist accepting credit scores as low as 500-550. Programs for borrowers with recent bankruptcy, foreclosure, or non-traditional income. Government and conventional loans too.
CrossCountry Mortgage
Cleveland, OH
Large national lender offering DSCR, bank statement, and non-QM mortgage products alongside conventional and government loans.
Defy Mortgage
FL
DSCR lender with flexible terms. Accepts DSCR as low as 0.75 or no ratio. Up to 85% LTV on SFR purchases. Available in 35+ states.
Griffin Funding
CA
Nationwide DSCR lender. No income verification, DSCR as low as 0.75. Up to $5M loan amounts. Also offers VA, conventional, and non-QM loans.
JMAC Lending
CA
DSCR loans available in select states. Min DSCR 0.75, max LTV 75%, min FICO 660-700.
New American Funding
Tustin, CA
Large national lender offering non-QM programs including bank statement loans, asset-based loans, and jumbo non-QM. Max loan $2.5M. Also offers conventional and government loans.
North American Savings Bank
Kansas City, MO
Offers 11 types of non-QM loans including bank statement, asset depletion, DSCR, and bridge. 100,000+ mortgages closed since 2010, $30B+ loaned.
Rocket Mortgage
Detroit, MI
Nation's largest online home lender. Offers some non-QM products alongside conventional, FHA, VA, and jumbo loans. Fully digital application process.
Sprout Mortgage
New York, NY
Non-QM wholesale lender. Bank statement, asset depletion, foreign national, and investor programs.
Truss Financial Group
CA
Tailored DSCR and non-QM mortgage solutions. 30-year fixed DSCR loans from $100K to $3M. Also offers 'no ratio' loans.
Acra Lending
CA
Wholesale non-QM lender with a dedicated DSCR program for investment properties. Offers bank statement, asset qualifier, and foreign national programs alongside DSCR.
Arc Home
NJ
Wholesale and correspondent lender offering DSCR loans for real estate investors. Part of Angelo Gordon's platform with competitive non-QM pricing.
Charleston Commercial Real Estate Market
Charleston is one of the fastest-growing CRE markets in the Southeast, propelled by Boeing's 787 Dreamliner final assembly facility, a booming port, and a tourism economy that generates over $8 billion annually. The Mount Pleasant and Daniel Island submarkets attract affluent residential and Class A office demand, while North Charleston's Intermodal Container Transfer Facility links the Port of Charleston to national rail networks, driving industrial and logistics development. The Upper Peninsula neighborhood in downtown Charleston's Neck area has emerged as a development frontier, with large-scale mixed-use and tech-oriented projects reshaping the formerly industrial corridor. The historic district's strict preservation requirements create a constrained supply environment for hospitality and retail properties, supporting premium rents.
Key Economic Drivers
- ●Boeing South Carolina's 787 Dreamliner campus employing thousands and anchoring an aerospace supplier cluster
- ●Port of Charleston, one of the deepest harbors on the East Coast, driving warehouse and logistics demand
- ●Tourism industry generating over $8 billion annually and sustaining high hospitality occupancy rates
- ●Medical University of South Carolina (MUSC) and Roper St. Francis healthcare system expansions
Market Insight
The Port of Charleston's harbor deepening project to 52 feet is enabling it to handle the largest post-Panamax container vessels, positioning the metro for significant growth in port-adjacent industrial and cold storage CRE demand.
Non-QM Loans in Charleston, South Carolina
Non-Qualified Mortgage (Non-QM) loans are for borrowers who don't meet conventional lending criteria — self-employed, irregular income, recent credit events, or foreign nationals. They use alternative documentation like bank statements, asset depletion, or property cash flow to qualify. In the Charleston metro area, borrowers can access 33 lenders offering Non-QM financing, including Mount Pleasant, North Charleston, Summerville, and surrounding areas. Loan amounts typically range from $100K to $5M with rates from 6.5% - 10%.
Who Should Consider Non-QM Loans?
- Self-employed borrowers
- Bank statement borrowers
- Foreign nationals
- Recent credit events (bankruptcy, foreclosure)
Key Requirements
- Alternative income documentation
- Down payment 10-25%
- Property appraisal
- Minimum credit score varies (580-680)
Advantages
- ✓Alternative income documentation
- ✓Flexible credit requirements
- ✓Available soon after credit events
- ✓Interest-only options
Considerations
- •Higher rates than conventional
- •Larger down payment
- •Limited lender options
- •May require reserves
Non-QM Loans in Other South Carolina Cities
Find Non-QM Lenders in Charleston
Get matched with lenders offering non-qm loans in the Charleston, SC area. Free for borrowers.
Get Matched — Free →