DSCR Loans in Currituck County, North Carolina
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 59 lenders made 130 investment-property loans in Currituck County, 0.6% of North Carolina's total. Dominick Prevete arranges DSCR loans across Currituck County, North Carolina, qualified on the property's rent, not your tax returns. DSCR rental loans start from 7.25% (November 2026), and most close in 14 days. At HUD's fair market rent, a three-bedroom rental there covers its full payment up to a price of about $365,000.
Currituck County investor market at a glance
| Statistic | Currituck County | North Carolina | County rank |
|---|---|---|---|
| Investor loans | 130 | 21,470 | 37th of 42 |
| Reporting lenders | 59 | 601 | 33rd of 42 |
| Loan volume | $103.4M | $5.97B | 18th of 42 |
| Average loan | $795K | $278K | 1st of 42 |
| Median loan | $595K | $225K | 1st of 42 |
| Purchases | 66.2% | 64.5% | 18th of 42 |
| Cash-out refinances | 16.2% | 15.7% | 24th of 42 |
| 2–4 unit properties | 1.5% | 6.3% | 40th of 42 |
| Top five lenders' share | 28.5% | 23.4% | 33rd of 42 |
| Reported business-purpose | 70.8% | 70.9% | 29th of 42 |
Currituck County: closed-end loans on 1–4 unit investment properties. Currituck County's rank is highest first, among North Carolina's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Currituck County's investor loans.
What stands out in Currituck County
The average investor loan in Currituck County was $795K, the highest average of North Carolina's 42 counties with published data (statewide: $278K).
Loans here run large. Dominick arranges DSCR loans from $75,000 up through jumbo balances.
1.5% of Currituck County's investor loans financed a 2–4 unit property, the 3rd-lowest share of North Carolina's 42 counties with published data (statewide: 6.3%).
Single-family rentals dominate here. A DSCR loan qualifies a single-family rental on its market rent, not your income.
The five most active lenders wrote 28.5% of Currituck County's investor loans, the 9th-lowest share of North Carolina's 42 counties with published data (statewide: 23.4%).
Lending here is spread across many lenders; the best fit depends on the deal more than the lender's size.
Does a DSCR loan pencil in Currituck County?
At HUD's fair market rent of $2,298 for a 3-bedroom in Currituck County, North Carolina, a rental covers its full DSCR payment up to a purchase price of about $365,000, with 20% down at the 7.25% starting rate (November 2026). Currituck County's median home value is $378,800; at that price the payment is $2,372 a month, so the property would need $2,375 in rent to cover it.
Coverage under 1.00 doesn't end the deal: the DSCR programs Dominick arranges go down to no-ratio, priced for the lower coverage, and a lower price or a larger down payment raises the ratio.
| HUD fair market rent, 2 / 3 / 4 bedroom (FY2027) | $1,667 / $2,298 / $2,710 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $378,800 |
| Median property taxes and effective rate | $1,760 (0.46% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $2,372 |
| Rent needed to cover that payment | $2,375 |
| Coverage of a 3-bedroom at fair market rent | 0.97 |
| Highest price a 3-bedroom at fair market rent covers | about $365,000 |
Fair market rent is HUD's 40th-percentile gross rent, including utilities; a property's appraised market rent can be higher or lower. Payment uses 20% down, a 30-year amortization at the published DSCR starting rate, the county's median effective property-tax rate and insurance at 0.50% of value. Purchase leverage goes up to 85% on qualifying files. This is an illustration, not a term sheet or an offer of credit.
Price your actual deal →Run Currituck County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Currituck County?
The most active investment-property lenders in Currituck County in 2025 HMDA data were CMG MORTGAGE, INC.; Atlantic Coast Mortgage, LLC; and CALCON MUTUAL MORTGAGE LLC, out of 59 lenders that reported. HMDA doesn't flag which loans were DSCR loans, so this list mixes DSCR and conventional investment-property lenders. Dominick Prevete places DSCR loans across 100+ lenders, including one that reported in Currituck County, and matches each file to the one most likely to fund it.
Currituck County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 130 loans and $103.4M from 59 lenders. CMG MORTGAGE, INC. led Currituck County with 13 loans, 10.0% of the county's total, and the average Currituck County loan of $795K compares with $278K across North Carolina.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| CMG MORTGAGE, INC. | 13 | $16.9M | $1297K | 46.2% |
| Atlantic Coast Mortgage, LLC | 9 | $6.8M | $761K | 100.0% |
| CALCON MUTUAL MORTGAGE LLC | 5 | $2.9M | $585K | 80.0% |
| Rocket Mortgage, LLC | 5 | $2.2M | $435K | 0.0% |
| MOVEMENT MORTGAGE, LLC | 5 | $2.2M | $431K | 80.0% |
| NEWPORT NEWS SHIPBUILDING EMPLOYEES CREDIT UNION, INC. DBA BAYPORT CREDIT UNION | 4 | $5.7M | $1435K | 50.0% |
| Southern Bank and Trust Company | 4 | $5.1M | $1270K | 50.0% |
| Towne Bank | 4 | $3.4M | $853K | 75.0% |
| First Heritage Mortgage, LLC | 4 | $2.6M | $655K | 75.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | 4 | $2.3M | $568K | 100.0% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 4 | $2.2M | $545K | 75.0% |
| PENNYMAC LOAN SERVICES, LLC | 4 | $1.8M | $440K | 50.0% |
| GUARANTEED RATE, INC. | 3 | $2.3M | $778K | 100.0% |
| Hometown Equity Mortgage, LLC | 3 | $2.2M | $735K | 0.0% |
| SOUTHERN TRUST MORTGAGE, LLC | 3 | $1.7M | $565K | 100.0% |
| Bank of America, National Association | 2 | $3.3M | $1635K | 100.0% |
| FUNDLOANS CAPITAL | 2 | $2.8M | $1400K | 0.0% |
| Citizens Bank, National Association | 2 | $2.5M | $1270K | 100.0% |
| Primis Mortgage Company | 2 | $1.6M | $780K | 50.0% |
| CHAMPIONS FUNDING, LLC | 2 | $1.5M | $770K | 100.0% |
| Griffin Funding, Inc. | 2 | $1.4M | $675K | 100.0% |
| CROSSCOUNTRY MORTGAGE, INC. | 2 | $1.3M | $670K | 100.0% |
| STG MORTGAGE INC | 2 | $1.3M | $640K | 100.0% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | 2 | $0.9M | $470K | 100.0% |
| LENOX FINANCIAL MORTGAGE CORPORATION, Sage Home Loans Corporation | 2 | $0.9M | $430K | 50.0% |
846 North Carolina loans (3.9%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Currituck County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Currituck County CSV, all 25 lenders
What Currituck County's table can't show you: fit. Short-term financing is exempt from HMDA, so Currituck County's fix-and-flip and bridge lenders barely appear among its 59 filers, and none of the 25 names above tells you whose guidelines match your deal, your entity, or your timeline. That's the job. Dominick Prevete structures your file and places it across 100+ lenders — including some on this list — so it lands with the one most likely to fund it.
Price your loan →National Loan Provider is an independent broker and maintains wholesale relationships with some listed lenders. Appearing in this table is not an endorsement or a recommendation.
Run the coverage test on your Currituck County, North Carolina deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Currituck County, North Carolina property's rent, loan, taxes and insurance to see where it lands.
Principal and interest on a thirty-year amortization, plus taxes, insurance and HOA.
Enter the rent, loan amount, rate, taxes and insurance to see the coverage ratio.
Sources
- CFPB / FFIEC HMDA Data Browser — Currituck County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 59 lenders and 130 loans: 2025 HMDA loan-level data rolled up to Currituck County.
- Currituck County investor-lender dataset (CSV) — All 25 lenders in the Currituck County, North Carolina table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Currituck County's 2-, 3- and 4-bedroom fair market rents in the rent math, and the 3-bedroom rent its highest-price figure uses: HUD's FY2027 figures for the Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Currituck County's median home value (B25077) and median property taxes paid (B25103) in the rent math, from the Census 2020–2024 ACS 5-year summary files.
- DSCR loan rates, Dominick Prevete — DSCR rental loans start from 7.25%, as of November 2026: the Instant Term Sheet's best-case scenario on the current rate sheets.