In the Myrtle Beach market, dscr loans give sophisticated commercial real estate borrowers access to dscr loans for real estate investors. DSCR loans qualify borrowers based on property cash flow rather than personal income, making them ideal for real estate investors who own multiple properties, operate through LLCs, or whose tax returns do not reflect their true investment income. Commercial Lending Solutions sources DSCR financing from a national network of non-QM lenders, debt funds, and private capital sources for multifamily, mixed-use, and commercial investor portfolios.

When to Use DSCR Loans in Myrtle Beach

Myrtle Beach's commercial real estate market, driven by tourism and hospitality, healthcare, retail trade, construction, education, creates specific scenarios where dscr loans are the optimal financing choice:

  • Small multifamily investor portfolios (5 to 20 units)
  • Mixed-use buildings with residential and commercial tenants
  • Investors with complex tax returns or multiple LLCs
  • Self-employed borrowers with significant write-offs
  • Portfolio landlords consolidating scattered properties
  • 1031 exchange acquisitions needing fast income qualification

In the Myrtle Beach metro, dscr loans are particularly relevant given the market's 4.1% rent growth and 2.9% job growth, which support creative financing solutions across niche asset classes.

Current DSCR Loan Rates in Myrtle Beach

As of 2026, dscr loans in the Myrtle Beach market are pricing at the following levels:

  • Rate Range: 6.75% - 10.50%
  • Loan Amount: $1M - $10M
  • Term: 5 - 30 Years
  • Maximum LTV: Up to 80% LTV
  • Recourse: Varies by Lender

Rates in Myrtle Beach may vary from national averages based on local market conditions, property type, and sponsor experience. The Myrtle Beach market's 5.50%-6.25% multifamily cap rates and 6.25%-7.25% industrial cap rates influence lender pricing as they underwrite to specific debt yield and coverage targets.

Pricing a live deal? This guide covers how the market works. For current terms, program details, and a free quote, go to our DSCR Loans in Myrtle Beach, SC page or call (310) 708-0690.

Qualification Requirements

Qualifying for dscr loans in Myrtle Beach requires demonstrating both borrower strength and property fundamentals. Key requirements include:

  • Borrower Experience: Lenders evaluate your track record with similar assets in Myrtle Beach or comparable markets
  • Net Worth & Liquidity: Most lenders require net worth equal to the loan amount and 6-12 months of debt service in liquid reserves
  • Property Performance: Property-specific underwriting based on asset class, cash flow, and market positioning
  • Market Position: Asset location within Myrtle Beach's strongest submarkets, including Market Common, Carolina Forest, North Myrtle Beach, Murrells Inlet and Pawleys Island

Capital Sources for DSCR Loans in Myrtle Beach

The Myrtle Beach market offers access to a diverse set of capital sources for dscr loans:

  • Non-QM Lenders
  • Debt Funds
  • Private Lenders
  • Balance-Sheet Portfolio Lenders
  • Family Offices

Each capital source has distinct appetites for property types, leverage levels, and borrower profiles. Working with a commercial mortgage broker who maintains relationships across all these capital sources ensures you're seeing the most competitive terms available in Myrtle Beach.

Exit Strategy Considerations

Specialty financing exits in Myrtle Beach vary significantly by asset type and business plan. Some specialty properties, like self-storage and data centers, can transition to permanent agency or CMBS financing once stabilized. Others may require continued specialty lending or a sale to a specialized operator.

The key is structuring the initial financing with a realistic exit timeline and identifying permanent capital sources early in the process. The Myrtle Beach market's 2.9% job growth supports demand across specialty property types.

Myrtle Beach Market Context

Myrtle Beach anchors its economy on the Grand Strand's tourism infrastructure, which draws roughly 20 million visitors annually and supports one of the densest concentrations of hospitality and retail square footage per capita on the East Coast. Tanger Outlets in the north strand, the Broadway at the Beach entertainment complex, and Market Common, a redeveloped former Air Force base that converted into a lifestyle retail and multifamily district, demonstrate how the market has layered permanent resident demand on top of a historically seasonal base. Hospitality underwriting here requires careful attention to average daily rate compression during the shoulder season and the outsized share of extended-stay and condo-hotel product that complicates conventional debt sizing. Conway Medical Center and Grand Strand Medical Center anchor a growing medical office corridor serving a population that skews older and is expanding through sustained migration from the Mid-Atlantic and Midwest, particularly into Carolina Forest and Pawleys Island. That demographic shift has made Horry County one of the faster-growing counties in South Carolina by raw population count, driving multifamily absorption across workforce and attainable price points even as luxury product has entered the pipeline in North Myrtle Beach and Socastee. Industrial demand remains modest relative to major logistics metros, concentrated in last-mile and light distribution serving the contractor and hospitality supply chain, while Horry County's relatively low property tax assessments and South Carolina's Multicounty Industrial Park incentive structure can materially affect stabilized yields on new industrial development.

Understanding the local market dynamics is critical for structuring the right financing. The Myrtle Beach metro's key commercial neighborhoods include Downtown Myrtle Beach, Surfside Beach, Murrells Inlet, Pawleys Island, Conway, Socastee, North Myrtle Beach, Loris, Horry County, Carolina Forest, Market Common, Grand Strand, each with distinct property characteristics and tenant demand profiles.

Get a DSCR Loan Quote for Myrtle Beach

CLS CRE provides dscr loans throughout the Myrtle Beach metro area, with access to 1,000+ lenders competing for your deal. Our market expertise in Myrtle Beach commercial real estate helps you navigate the lending landscape and secure the most competitive terms available.

Related resources:

Trevor Damyan, Commercial Mortgage Broker
Trevor Damyan
Commercial Mortgage Broker, CLS CRE | CA DRE 02244836

Trevor Damyan is a commercial mortgage broker at Commercial Lending Solutions with a background in structured finance at CBRE and Marcus and Millichap Capital Corporation. He specializes in bridge loans, construction financing, SBA programs, DSCR loans, and complex capital structures for investors and developers across all 50 states.