What’s Happening in South Carolina’s Housing Market?
Median Home Price
$374,900 (June 2025)
Inventory Growth
Up 28% YoY
30-Year Rates
~6.8% (July 2025)
Refinance Rates
6–7% Statewide
Which Lender Fits You Best?
VP Capital Lending
- Same-day pre-approvals
- Home, refinance, and investor loans
- Local SC market expertise
Regional Banks & Credit Unions
- Traditional FHA, VA, and conventional loans
- Community-based service
- 30–45 day closings
National Lenders
- Low rates for top credit borrowers
- Fully online process
- 45+ day closings
Find the Right Loan for Your Goals
Homebuyers
FHA, VA, and conventional loans for first-time and repeat buyers.
Refinancers
Rate-term and cash-out options to save or access equity.
Investors
DSCR rental loans and fix-and-flip programs to grow portfolios.
4 Things to Know Before You Apply
Estimate Payments
Use calculators to understand your potential monthly payment.
Prequalify Early
Speed matters—secure your spot with fast prequalification.
Ask About Programs
Discover specialty programs that could save you money.
Know the Timeline
Understand each lender’s closing speed before applying.
Frequently Asked Questions
Is now a good time to buy or refinance in SC?
Yes—prices are steady, inventory is rising, and rates around 6–7% are competitive historically.
Why do investors like DSCR loans?
They’re based on rental income, not your personal credit, so they make scaling easier.
Should I refinance if I already have a 4% mortgage?
Only if you need cash-out or debt consolidation—otherwise, keep that low rate.
Which SC markets are hottest?
Greenville, Charleston, Columbia, and Myrtle Beach lead in activity and growth.