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✦Prime Rate:6.75%✦Fed Funds:3.64%✦5-Yr Treasury:3.88%↓✦10-Yr Treasury:4.25%↓✦30-Yr Treasury:4.83%↓✦30-Yr Mortgage:6.22%·Updated Mar 19, 2026✦Prime Rate:6.75%✦Fed Funds:3.64%✦5-Yr Treasury:3.88%↓✦10-Yr Treasury:4.25%↓✦30-Yr Treasury:4.83%↓✦30-Yr Mortgage:6.22%·Updated Mar 19, 2026
Rates

North Carolina DSCR Loans: No Tax Returns, 1.2 DSCR Min, Rates from 6.25%

Rental property financing for North Carolina investors qualified on property cash flow — not personal income, W-2s, or tax returns. Serving Charlotte, Raleigh, Greensboro, Durham and the rest of North Carolina. If the property cash-flows at 1.2× the mortgage, you may qualify.

  • 1.2 DSCR minimum
  • 680+ FICO
  • Refi from 6.25%
  • 21–30 day close
See If You QualifyCalculate Your DSCR

Can I get a DSCR rental loan in North Carolina?

Yes. DSCR loans in North Carolina qualify investors based on property cash flow with a 1.2 DSCR minimum, 680+ FICO, and 20–25% down. No tax returns, W-2s, or DTI calculation required. 1–4 unit residential and 5+ unit multifamily eligible. Refi rates start at 6.25%.

Published by PeerSense Capital Advisory · Written by Ed Freeman, Founder. Updated May 2026.

North Carolina Rental Market Snapshot

State-level data DSCR underwriters use to size North Carolina rental deals.

Median Home Price
$365K
Statewide single-family
Gross Rental Yield
5.5–7.5%
Annual rent / price
Eviction Timeline
30–45 days
landlord-friendly
Rate Adjustment
neutral
vs national baseline

North Carolina is a top-five DSCR origination state, anchored by Charlotte's banking-driven employment base and Raleigh-Durham's research-triangle tech demand. State-level rent-control preemption and a relatively fast magistrate court calendar make NC predictable for institutional and individual DSCR buyers alike. Charlotte's Plaza-Midwood, NoDa, and South End submarkets compete directly with Atlanta on cap rate.

Major North Carolina Markets We Fund

Active DSCR deal flow across North Carolina's core rental markets. Same requirements — 1.2 DSCR, 680+ FICO, 20–25% down — apply statewide.

MetroMedian PriceGross YieldDSCR Investor Notes
Charlotte$405K5.5–7.0%Largest NC market — banking employment, strong LTR demand, deep institutional competition
Raleigh$445K5.0–6.5%RTP tech demand, NC State student rentals, premium LTR yields
Greensboro$245K7.0–8.5%Higher cap rate alternative to Charlotte, manufacturing employment base
Durham$405K5.5–7.0%Duke/RTP demand, Bull City revitalization adding STR-friendly inventory
North Carolina investor note:North Carolina has no statewide rent control and is preempted at the state level. Charlotte and Raleigh see the deepest DSCR deal flow in the Southeast outside Atlanta and Florida.

North Carolina Eviction Timeline & Landlord Posture

How North Carolina courts handle non-payment evictions — material to DSCR loss-severity assumptions.

Posture
landlord-friendly
Typical Timeline
30–45 days
Rent Control
None / preempted

North Carolina's summary ejectment process allows non-payment evictions in 30–45 days. 10-day demand notice precedes filing. Magistrate court hearings typically scheduled within 14 days.

North Carolina Rate Adjustment vs National Baseline

neutralover national baseline pricing

Charlotte/Raleigh MSA pricing tracks national jumbo curves; landlord-friendly courts and rent-control preemption keep loss severity in line with peer states.

Final pricing depends on FICO, LTV, DSCR, property type, and program. Baseline national DSCR refi rates start at 6.25% as of May 2026.

DSCR Lenders Active in North Carolina

The non-bank DSCR programs we see most frequently funding North Carolina rental deals. PeerSense matches your scenario across this lender set rather than locking you into one.

  • Kiavi
  • Visio Lending
  • Lima One
  • Velocity Mortgage Capital
  • CoreVest

PeerSense is independent — not a lender. Lenders listed are programs we have funded North Carolina deals through; specific terms vary by file.

North Carolina DSCR Loan Requirements

RequirementMinimumNotes
DSCR1.201.00+ allowed with 740 FICO or 30% down
Credit Score680 FICO640–679 by exception, lower LTV
Down Payment20–25%25% if <1.2 DSCR or <700 FICO
Property Type1–4 units or multifamilyCondos, townhomes, STRs OK where legal
Income DocsNoneNo tax returns, W-2s, DTI check
Reserves6 months PITIAChecking, savings, stocks qualify
Close Time21–30 daysCash-out refi: 14–21 days

Not a commitment to lend. Rates and terms subject to underwriting. See our full DSCR loan guide for the complete program.

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