What credit score is required?

A minimum 680 FICO, with exceptions down to 660.

What is the maximum LTV?

80% on purchases and rate-and-term, 75% on cash-out refinances.

Do I need tax returns?

No. NC DSCR loans qualify on rental income and credit.

Are vacation rentals in Asheville or Wilmington eligible?

Yes, short-term rentals are eligible where local rules and HOAs allow them.

What properties qualify?

Single-family and 2–10 unit residential rentals worth at least $100,000.

Can I close in an LLC?

Yes. LLCs and individuals are both eligible.

What prepayment options are available?

Zero-penalty, 3-2-1 and 5-4-3-2-1 declining structures.

North Carolina Rental LoansDSCR

North Carolina DSCR Loans for Rental Property

Job growth across Charlotte and the Research Triangle keeps North Carolina rentals in demand. Qualify on each property's rent and hold it on a 30-year fixed loan.

Get Funded in NC Call 1-800-674-3804

Hover or tap a pin to explore markets

80%

Max LTV on purchase

30-YR

Fixed rate, no call

680+

FICO score

Metros featured

Local Markets

North Carolina Rental Markets

Where North Carolina landlords are growing portfolios.

Charlotte metro

Financial-sector employment and suburban growth.

Matthews
Huntersville
Gastonia
Rock Hill area

Research Triangle

Universities, healthcare and tech support long-term demand.

Cary
Durham
Wake Forest
Clayton

Piedmont Triad

Affordable rentals between Greensboro and Winston-Salem.

High Point
Kernersville
Burlington

Fayetteville

Military housing demand from a large nearby installation.

Hope Mills
Spring Lake
Raeford

Coastal & Mountain

Long-term and vacation rentals at the coast and in the mountains.

Wilmington
Jacksonville NC
Asheville

Available in North Carolina

North Carolina Rental Financing

Long-term debt for NC rentals.

DSCR Loans

30-year fixed, no call, up to 80% LTV on purchases.

Cash-Out Refinance

Pull up to 75% LTV from NC rentals to fund the next deal.

Rental Portfolio Loans

Grow a North Carolina portfolio with one lender.

Hard Money Loans

Renovating first? Start with NC hard money.

Local Insight

Holding Rentals in North Carolina

North Carolina rentals near military bases, universities and hospitals tend to see steady demand. Underwrite with realistic market rent, current county property taxes and an insurance quote, especially near the coast where wind coverage matters.

Mountain and coastal vacation rentals are eligible on our program, subject to local rules and any HOA restrictions.

General information only, not legal advice. Confirm local rules with your closing attorney or title company.

Coastal insurance

Wind and flood coverage can change the payment near the shore.

Vacation rentals

Eligible where local rules allow them.

LLCs welcome

Individuals and entities are both eligible.

Your Route to Closing

How We Fund North Carolina Deals

1
Send the rental
Address, value and lease or market rent.
2
Quote in 24 hours
Rate and leverage based on credit and DSCR.
3
Short application
Lease, insurance, ID and two months of bank statements.
4
Close & hold
Lock a 30-year fixed payment.

FAQ

Frequently Asked Questions

Still have a question?

Talk to our team about your property and timeline.

1-800-674-3804

Yes, and across North Carolina.

More Areas We Serve

Investing in More Than One Market?

View all areas

Hard MoneyNorth Carolina

DSCRGeorgia

DSCRFlorida

Talk With HWC

Have a property under contract or a project you are evaluating? Tell us where things stand and what financing questions you need to resolve.

Find Out If You Prequalify Call 1-800-674-3804