Ground-up construction financing in South Carolina covers single-family and 2–4 unit builds, from the lot to the final line item, sized on cost and capped on as-complete value. Program terms do not change by state; permits, closing costs and the lien process do. Here is what applies in South Carolina.
Silt's terms do not change at the state line. The term sheet reflects the property, the file and the supported value.
By Census Bureau population estimates, Vintage 2025 (July 1, 2025). Silt lends statewide — these markets are not a limit. Metros are ranked by full-area population among those listing this state first in the Census name; Washington is also included for Virginia and Maryland. Interstate totals are not state-only populations. [8]
Yes. South Carolina is one of the states Silt lends in, and the ground-up program covers single-family and 2–4 unit residential construction — infill, multi-lot, spec, custom and luxury.
South Carolina is listed as a judicial-foreclosure jurisdiction: the lender files in court and a judgment precedes the sale. Court calendars, not the deed of trust, set the pace, so distressed-asset timelines in South Carolina run longer than in power-of-sale states. S.C. Code §§29-3-630 and 29-3-650 govern mortgage foreclosure: the court can enter the debt judgment and direct sale. Section 630 contains a recorded post-maturity written-consent alternative and a deceased-mortgagor provision.
No. The program terms are the same in every state Silt lends in: loan amounts $200K – $10M; residential scope 1–4 units · nationwide; leverage 90% LTC · 70% ARV; structure Interest-only, 12–24 mo; draws Funded in 48h, app-based; projects Infill & multi-lot. The final term sheet reflects the property and the file.
Every Silt loan closes in an LLC or corporation, never a personal name. S.C. Code §33-44-1003(b) treats foreign LLC ownership of income-producing property as transacting business, subject to subsection (a)’s specific exceptions. The debt-enforcement/acquired-property exceptions are not a general exemption for ordinary rental ownership.
South Carolina’s deed recording fee is $1.85 per $500 or fraction of statutory realty value under §§ 12-24-10 and 12-24-20. The grantor is primarily liable and the grantee secondarily liable, with special rules for specified exempt grantors.
A licensed GC, contractor license and insurance, an executed GC agreement and an itemized budget. Plans, permits and the construction schedule should describe the same scope so underwriting and the draw plan stay aligned.
Estimates on this page are not a commitment to lend. State facts reviewed October 2026; laws and rates change — confirm with your title company or attorney.