Super jumbo DSCR loans in Myrtle Beach, South Carolina
Myrtle Beach Super Jumbo DSCR Loans

Super Jumbo DSCR Loans in Myrtle Beach, South Carolina

Super jumbo DSCR loans give Myrtle Beach, SC investors a rent-qualified path for property valued above the standard program ceiling, through select wholesale programs whose ladders step leverage down as the loan grows.

Current Program Snapshot

Current super-jumbo DSCR guidelines, updated from one source.

These figures are read from Lendmire’s centralized super-jumbo DSCR standards source and update automatically when the program changes. Every state and city guide in this series reads the same source.

Loan Size
$10M

Program ceiling

The program carries a rental past the standard DSCR ceiling; above the review line, every request is considered case by case and structured as purchase or rate-and-term.

Leverage
80%

Top purchase leverage

At the first rung of the ladder, purchase and rate-and-term leverage reach this ceiling; above it the ladder steps down.

Coverage
1.00

Full-leverage coverage floor

Coverage is measured on the lease or the appraisal’s market rent against principal, interest, taxes, insurance, and dues — interest-only files measure against the interest-only payment.

Credit
660

Credit floor

The minimum credit score for the smallest balances; the credit required for a given leverage rises with the loan size.

$3M Cash-out ceiling

Cash-out leverage steps down with loan size and stops at this balance; larger requests are purchase or rate-and-term only.

$4M Case-by-case review line

Above this balance every request is reviewed before submission, at reduced leverage.

75% Interest-only leverage

An interest-only period is available through select programs, with coverage measured on the interest-only payment.

Leverage by loan size — best available cell, purchase and rate-and-term / cash-out
Loan sizePurchase & rate-and-termCash-outCredit at that leverage
$150,000 – $1M80%75%660+
$1M – $1.5M75%70%700+
$1.5M – $2M75%60%720+
$2M – $3M75%60%720+
$3M – $4M65%Not available700+
$4M – $6M60% · case by caseNot available660+
$6M – $10M60% · case by caseNot available660+

Current super-jumbo DSCR snapshot · updated September 7, 2026 · coverage from 0.75 to 0.99 and no-ratio files to $2M at reduced leverage · two appraisals above $2M · short-term rental income to $2M.

Program Notice

The figures on this page are program parameters, not offers: leverage is a matrix of loan size and credit tier, cash-out stops at its own ceiling, requests above the review line are considered case by case, and every file is underwritten individually. No rate, payment, fee, or lender is stated or implied. Lendmire brokers these loans through its wholesale network and is never the lender.

Myrtle Beach Super Jumbo DSCR Loan Guide

What a super-jumbo DSCR loan is — and how the ladder decides it.

A super jumbo DSCR loan is the standard DSCR structure carried to larger balances: the property’s rent qualifies the loan, and a matrix of loan size and credit tier decides the leverage. In Myrtle Beach, SC, that ladder is what an investor plans around.

Balance inside the standard ceiling? See DSCR Loans in Myrtle Beach, the standard program, or the statewide guide at Super Jumbo DSCR Loans in South Carolina.

01.

The rent qualifies the loan, not the owner

Rent-to-payment coverage decides the loan in Myrtle Beach: the lease or the market rent on one side, the full payment on the other. The owner’s tax returns are not requested for the ratio.

02.

Leverage is a ladder, not a number

Leverage on a super jumbo DSCR loan in Myrtle Beach, SC is read from a matrix of loan-size bands and credit tiers. The smallest band carries the highest leverage; each larger band steps down, and the best cell in every band requires stronger credit.

03.

Credit and reserves rise with the balance

The credit floor on a super jumbo DSCR loan in Myrtle Beach, SC is not one number: it opens the lower bands, a higher floor applies above the super-jumbo overlay line, and the best leverage cells carry higher floors still. Reserves are measured in months of the full payment and scale with it.

04.

The review line and the cash-out ceiling

The largest band in Myrtle Beach, SC is a conversation, not a form: requests above the review line are reviewed case by case, structured as purchase or rate-and-term, at reduced leverage. Cash-out ends lower on the ladder.

The Core Calculation
Lease or market rent ÷ principal, interest, taxes, insurance, and dues = coverage

The ratio is measured at the leverage cell the matrix opens for the loan size and credit tier. The calculator applies that cell; the lease, the appraisals, and underwriting apply the rest.

Myrtle Beach Market Context

Where Myrtle Beach’s high-value rental stock sits — and how a lender reads it.

The stock of high-value homes in Myrtle Beach, SC, the rents at the top of the market, and household income together sketch the market a high-balance file is underwritten in.

Citywide figures provide general market context, not an appraisal or a rent analysis. A large share of high-value homes signals depth of comparables for the appraiser; a strong top-bracket rental market signals leases that can carry a high-balance payment.

38,371Population (ACS 2020–2024)
$388,800Median owner-occupied home value (ACS 2020–2024)
7.1%Owner-occupied homes valued $1M or more (ACS 2020–2024)
2.5%Renter households paying $3,000 or more a month (ACS 2020–2024)

Data sources: U.S. Census Bureau — ACS 5-Year (2024) housing and population estimates, including owner-occupied home values by bracket and gross rent by bracket.

Myrtle Beach Submarkets

Distinct Myrtle Beach submarkets, distinct appraisal stories.

Myrtle Beach’s high-value stock is not one market. Each submarket below carries its own values, its own rents, and its own review points, and the leverage ladder meets each one differently.

01.

Inland estates and acreage

The estate lots inland from Myrtle Beach carry space and privacy premiums, and the file has to show the parcel size stays inside the program’s acreage limit for its loan band. Census estimates place about 7.1% of Myrtle Beach’s owner-occupied homes at a value of one million dollars or more — roughly 754 homes.

02.

Luxury condominiums and towers

Tower and resort-building units in Myrtle Beach can carry very large balances, and the file turns on the association documents as much as on the lease; a non-warrantable project carries its own leverage cell and its own size cap. Roughly 115 owner-occupied homes in Myrtle Beach are valued at two million dollars or more on the latest estimate, the stock a super jumbo file is most often written against.

03.

Gated and club communities

Behind the gates in Myrtle Beach, buyers pay for amenities and privacy, and the file has to show that the community allows the intended lease and that dues fit inside the coverage math. The median owner-occupied home value in Myrtle Beach runs near $388,800 on the latest Census estimate.

04.

New construction and rebuilds

New luxury construction in Myrtle Beach appraises on comparable sales that may be scarce, so the appraisal review is longer and a second appraisal is routine at larger balances. Median household income in Myrtle Beach sits near $60,394, the demand side of the rents a high-value rental competes for.

05.

Second-row and view lots

The view lots and second-row streets of Myrtle Beach tend to balance value and rent better than the waterfront, and the leverage ladder rewards that balance with fewer structural adjustments. About 2.5% of Myrtle Beach’s renter households pay three thousand dollars a month or more — near 168 households at the top of the rental market.

06.

Waterfront and first-row estates

First-row property in Myrtle Beach prices at the top of the market, and its file reads the same way: two appraisals once the balance crosses the second-appraisal line, a rent analysis that has to defend a large number, and reserves scaled to the payment. Myrtle Beach counts a population near 38K within the Myrtle Beach-Conway-North Myrtle Beach, SC area.

None of this is a valuation or a rent analysis; it is the backdrop a Myrtle Beach file is read against before the appraisals and the lease decide the numbers.

How Myrtle Beach Investors Use the Program

Four ways Myrtle Beach investors put super-jumbo DSCR financing to work.

From acquisition to consolidation, super jumbo DSCR loans in Myrtle Beach, SC solve a specific set of problems for high-value rentals.

Purchase

Buy a high-value rental on its rent

A purchase above the standard ceiling in Myrtle Beach, SC qualifies on the property’s income; the equity is sized to the band, and the appraisal work scales with the price.

Interest-only

Carry a high-value asset interest-only

An interest-only period lowers the payment the rent is measured against, which is why many Myrtle Beach high-balance files are structured that way; interest-only leverage carries its own cap.

Entity vesting

Hold title in an entity

Vest a Myrtle Beach rental in an LLC or corporation, subject to lender program eligibility; the rent still qualifies the loan and the guarantors’ credit selects the cell.

Cash-out

Take cash out below the cash-out ceiling

An investor consolidating equity from a Myrtle Beach property uses the cash-out path where the ladder allows it, knowing the largest balances are structured without cash.

Super Jumbo DSCR Calculator

Estimate a Myrtle Beach high-value rental’s coverage at its loan size, before requesting a quote.

Enter a price, an equity percentage, a credit tier, and the monthly rent for a Myrtle Beach property. The calculator reads the leverage cell the matrix allows at that loan size, builds the full payment from your inputs, and measures coverage against the full-leverage floor. The rate field carries the weekly Freddie Mac market benchmark — a conventional reference, not a DSCR loan quote — and every field stays editable.

Editable high-balance scenario

Myrtle Beach super jumbo DSCR calculator

Starting assumptions reflect Myrtle Beach’s home values and rents; change any field and the ladder is re-read.

Leverage ceiling for this loan size and credit tier.
Loan-size band applied.
Coverage floor for full leverage.

Editable benchmark: 6.71% as of September 3, 2026 · Freddie Mac 30-year average via FRED®. This is not a DSCR loan quote.

Illustrative starting assumptions: a $2,500,000 price set above Myrtle Beach’s median owner-occupied home value to reach the super jumbo band, an equity position sized to the ladder, and a long-term rent in line with luxury rent-to-value (U.S. Census Bureau). Taxes and insurance are editable state-level assumptions.

Estimated coverage ratio
Monthly rent ÷ full monthly payment, compared with the program floor at this loan size.
Loan amount at your equity
Full monthly payment
Loan-to-value
Max loan at the ceiling for this tier
Rent needed to reach the floor
Coverage vs. floor

Illustrative estimate only — not a Loan Estimate, approval, quote, or commitment to lend. Leverage is read from the current program matrix for the loan size and credit tier entered; the appraisal, the lease or market rent, reserves, and full underwriting decide the actual figures. Requests above the review line are considered case by case, purchase or rate-and-term only. The rate field is an editable Freddie Mac thirty-year benchmark; it is not a DSCR loan quote.

Super Jumbo DSCR vs. the Alternatives

Same property, four very different structures.

Super jumbo DSCR is one of four structures a Myrtle Beach investor might use on the same property; each reads income differently and stops at a different balance.

Structure Comparison

Rent-qualified at scale, standard DSCR, or the owner’s income.

Super-jumbo DSCR loan

Qualifies on the property’s rent above the standard DSCR ceiling, with leverage read from a loan-size and credit-tier matrix, a review line for the largest balances, and a cash-out ceiling below the top.

Standard DSCR loan

Qualifies on the same rent-to-payment math but stops at the standard program ceiling; the lower bands of the super jumbo ladder overlap it, with the standard program often carrying the better cell there. Inside the standard ceiling, Lendmire arranges DSCR loans in Myrtle Beach.

Bank statement loan

A bank statement loan reads the owner’s deposits, not the rent; it is the path when the property is the owner’s home or when personal cash flow carries a file a rent ratio cannot.

Where each one fits

Super jumbo DSCR fits a leased or leasable Myrtle Beach rental above the standard ceiling; standard DSCR fits the balance inside it; a bank statement loan fits the owner’s own home or a file the owner’s deposits carry better than the rent.

Typical File Components

What to prepare for a Myrtle Beach scenario review.

The documents a lender reads first on a super jumbo DSCR file.

Purchase contract or payoffThe contract on a purchase; the current note, payoff statement, and payment history on a refinance.
Source of equityVerified funds for the down payment or the equity position, with gift funds restricted for a first-time investor.
Taxes, insurance, and duesThe tax bill, a rental-use insurance quote, and the association’s dues and rental policy where one exists.
Entity documentsFormation documents, operating agreement, and good standing when title vests in an entity, subject to lender program eligibility.
Property detailAcreage, unit count, condition, and any rural or non-warrantable designation — each has its own cell or cap on the matrix.
Credit tier and housing historyA tri-merge credit report, the housing payment history, and seasoning on any credit event — stricter above the overlay line.

This is a general preparation guide, not a universal checklist. The selected lender may request additional information based on the loan size, the property, the appraisals, the lease or market rent, the entity, and reserves. Nothing here is legal or tax advice.

Myrtle Beach File Considerations

Local details that can change the loan.

The larger the balance, the more the details matter. In Myrtle Beach, SC, these are the ones that most often change a file’s shape.

Before You Move Forward

Use these checks to keep the Myrtle Beach file clean and fundable.

Settle the band, the appraisals, the credit overlays, and the property’s eligibility before the rent is even discussed; a Myrtle Beach file that clears these reads cleanly.

  • Know the rung: confirm the band and the credit tier the best cell requires.
  • Confirm the property: check acreage against the cap for the band.
  • Set up the entity: provide formation documents and good standing.
i.

The loan-size band decides the leverage

The balance places a Myrtle Beach file in a band, and the band sets the leverage ceiling and the credit floor for its best cell. A little more equity can move a file down a rung into a better cell — which is why the balance is planned before the price.

ii.

Acreage, condos, and rural designations

Acreage is capped by loan band in Myrtle Beach, rural property carries its own leverage and is excluded above a set balance, and a non-warrantable condominium or a condotel has its own cell and its own size cap.

iii.

Entity vesting and guarantors

A Myrtle Beach investor holding property in an entity provides the entity documents alongside the file; the rent still qualifies the loan and the guarantors’ credit still selects the cell.

iv.

Case-by-case review above the line

Above the review line, a Myrtle Beach request is discussed with the lender before it is submitted, structured as purchase or rate-and-term at the top band’s reduced leverage, and decided on its own facts.

v.

Overlays above the super-jumbo line

The largest Myrtle Beach, SC balances come with overlays that change the file: stricter credit, no non-occupant co-borrowers, no rural property, a lower acreage cap, and reserves that cash-out proceeds may not satisfy.

A Clear Process

From a Myrtle Beach rent roll to a funded high-balance loan.

Lendmire runs a Myrtle Beach high-balance file in a set order: place it on the ladder, package it, appraise it, close it.

i.

Place the balance

Every Myrtle Beach file starts with the band. The equity, the transaction type, and the interest-only question are settled around it.

ii.

Package the file

The file is built once, correctly: rent documentation, credit, reserves, entity, property — everything the Myrtle Beach, SC lender will read, in the order they read it.

iii.

Appraise and review

Valuation is settled next: the appraisals the Myrtle Beach balance requires, the rent analysis, and any case-by-case review above the line.

iv.

Close and fund

Underwriting confirms the coverage, the leverage cell, reserves, and the entity; the Myrtle Beach file closes on the terms the ladder allows.

Why Lendmire

A brokerage built around income-qualified investors.

A super jumbo DSCR file rewards preparation, and preparation is what a brokerage built for investors provides.

i.

Ladders, not guesses

A Myrtle Beach scenario is placed on the ladder first; the rest of the file is built to fit the rung.

ii.

The right wholesale program

Not every wholesale lender carries a rental past the standard ceiling, and the ones that do differ on leverage, overlays, and the review line; Lendmire knows which is which.

iii.

Structured for the review

Reserves counted, appraisals ordered in the right number, entity documented, overlays confirmed — a Myrtle Beach, SC file arrives at the lender ready.

Client Experiences

Trusted by investors & homeowners alike.

Verified Google Reviews
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Joseph Edwards
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Highly recommend, Cori was awesome to work with and had great communication. She was very helpful and got us through everything to close.
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K Star Real Estate LLC
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Cori on the Lendmire team was phenomenal! She was two steps ahead through the entire process of purchasing an investment property. She was solving problems before anyone knew there could have been a problem. Great communication, great availability, all around a great person to work with. She is the reason our deal closed. We look forward to working with her again in the very near future!
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Tristen Mosley
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Alayna Pack is very knowledgeable, helpful, communicative, and transparent. Highly recommend.
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J Mills
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Leigh is absolutely the best! Professional yet personable, diligent, and incredibly responsive. She was with us throughout the process and helped us secure a competitive rate. Leigh went above and beyond to make sure all of our questions were answered, and offered deep explanations for questions that arose. We felt supported through the entire process and trust her expertise completely. 5 stars!
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Tyjuana Atkinson
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Awesome experience!!!!!!! Leigh had our best interest at heart from beginning to the end.
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Anna Hernandez
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Curt Galbraith was a Great Loan Originator and goes above and beyond for his clients, working with him on this transaction was so easy. I would recommend him for any Buyers looking to Buyer or Refinance. Great Service all around
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RustynKelli Shelton
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Brenda is absolutely one of the most professional hardworking lenders we have ever dealt with; she’s helped clients of ours and now us personally. Her communication is top notch, you never feel like you’re forgotten or left to figure things out on your own, great to answer questions and explain each step. Definitely recommend Brenda to walk along beside you in your purchase process!
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Isaac Alonzo
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As a first time home buyer Curt Galbraith was a wonderful man, he explained everything i had questions about and took time out of his day to meet up late at nights after my night shift, to explain things to me .Over all Curt was really helpful all through closing and always there when you needed him. Thank you so much Curt for helping me through out the whole process.
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Jason Fleck
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Brenda, Samantha and the Lendmire team were absolutely fantastic to work with. We had to jump through some major hurdles to get this home done, which most lenders would have gave up, they kept pushing to get this home done for us. I would absolutely recommend Brenda and team to anybody. Thank you so much for your commitment, communication, perseverance through the whole process. Jason & Brooke
Questions Myrtle Beach Investors Ask

Myrtle Beach super jumbo DSCR loan FAQs

The questions a Myrtle Beach, SC investor asks before requesting a high-balance scenario review, answered at the program level.

How is leverage decided on a super jumbo DSCR loan in Myrtle Beach?

From a matrix: the balance places the file in a loan-size band, the credit tier selects a cell inside it, and that cell is the leverage. The smallest band carries the highest leverage; each larger band steps down. The ladder table on this page shows the best cell in each band.

Can I take cash out of a high-value Myrtle Beach rental with a super jumbo DSCR loan?

Cash-out has its own rungs and its own ceiling on this program. A Myrtle Beach file inside it can return cash at the band’s leverage; a file above it is structured as rate-and-term.

What coverage ratio does a Myrtle Beach property need?

Rent divided by the full payment must reach the floor for full leverage; below it, the file steps into the reduced-leverage band. On an interest-only structure the ratio is measured on the interest-only payment.

Can a first-time investor use the program?

The program accepts a first-time investor inside its own cap and with its own overlays; investor experience is measured as time owning income-producing real estate.

Can the property be held in an LLC?

An LLC can hold the Myrtle Beach property, subject to lender program eligibility; the rent still qualifies the loan and the guarantors still qualify the credit.

Are foreign nationals eligible?

Yes, on a dedicated tier with its own cap, leverage, and reserves; the file qualifies on the rent like any other, and the no-ratio path is not available on it.

How long does a super jumbo DSCR loan take?

The appraisal work sets the pace on a Myrtle Beach high-balance file; the file itself is packaged in parallel, and above the review line the lender’s pre-submission review is part of the timeline.

How is this different from a standard DSCR loan?

A standard DSCR loan and a super jumbo DSCR loan qualify a Myrtle Beach rental the same way; the difference is the balance the program can reach and the ladder it uses to turn size into leverage and credit.

What does Lendmire do on a Myrtle Beach high-balance file?

The structural work: band, cell, overlays, appraisals, review line, reserves. A Myrtle Beach investor brings the property and the rent; Lendmire brings the ladder and the program.

Which properties are eligible?

One-to-four-unit investment property, including warrantable condominiums; non-warrantable condominiums and condotels have their own leverage cells and size caps; acreage is capped by loan band and rural property is excluded above a set balance.

Get Started

Ready to size a Myrtle Beach balance? Start with the rent.

Start with the property, the rent, and the balance you have in mind. No credit pull or commitment is required to request an initial scenario review.