DSCR Loans in Durham 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, 165 lenders made 888 investment-property loans in Durham County, 4.1% of North Carolina's total. Dominick Prevete arranges DSCR loans across Durham 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 $330,000.
Durham County investor market at a glance
| Statistic | Durham County | North Carolina | County rank |
|---|---|---|---|
| Investor loans | 888 | 21,470 | 4th of 42 |
| Reporting lenders | 165 | 601 | 5th of 42 |
| Loan volume | $249.1M | $5.97B | 4th of 42 |
| Average loan | $280K | $278K | 18th of 42 |
| Median loan | $265K | $225K | 12th of 42 |
| Purchases | 71.7% | 64.5% | 10th of 42 |
| Cash-out refinances | 11.9% | 15.7% | 33rd of 42 |
| 2–4 unit properties | 8.3% | 6.3% | 17th of 42 |
| Top five lenders' share | 38.7% | 23.4% | 13th of 42 |
| Reported business-purpose | 56.1% | 70.9% | 40th of 42 |
Durham County: closed-end loans on 1–4 unit investment properties. Durham County's rank is highest first, among North Carolina's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Durham County's investor loans.
What stands out in Durham County
56.1% of Durham County's investor loans were reported as business-purpose, the 3rd-lowest share of North Carolina's 42 counties with published data (statewide: 70.9%).
Fewer investor loans here were reported as business-purpose than in most of North Carolina. Dominick arranges business-purpose financing only, on investment property, never a primary residence.
71.7% of Durham County's investor loans were purchases, the 10th-highest share of North Carolina's 42 counties with published data (statewide: 64.5%).
Most investor loans here are purchases. A DSCR purchase qualifies on the property's rent, so you can get written terms before you make an offer with the Instant Term Sheet.
11.9% of Durham County's investor loans were cash-out refinances, the 10th-lowest share of North Carolina's 42 counties with published data (statewide: 15.7%).
When investors here do take cash out, the DSCR cash-out refinances Dominick arranges require no seasoning.
Does a DSCR loan pencil in Durham County?
At HUD's fair market rent of $2,161 for a 3-bedroom in Durham County, North Carolina, a rental covers its full DSCR payment up to a purchase price of about $330,000, with 20% down at the 7.25% starting rate (November 2026). Durham County's median home value is $389,400; at that price the payment is $2,545 a month, so the property would need $2,550 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) | $1,745 / $2,161 / $2,486 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $389,400 |
| Median property taxes and effective rate | $3,092 (0.79% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $2,545 |
| Rent needed to cover that payment | $2,550 |
| Coverage of a 3-bedroom at fair market rent | 0.85 |
| Highest price a 3-bedroom at fair market rent covers | about $330,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $530,000 |
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 Durham County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Durham County?
The most active investment-property lenders in Durham County in 2025 HMDA data were LENNAR MORTGAGE, LLC; STATE EMPLOYEES'; and Kiavi Funding, Inc., out of 165 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 two that reported in Durham County, and matches each file to the one most likely to fund it.
Durham County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 888 loans and $249.1M from 165 lenders. LENNAR MORTGAGE, LLC led Durham County with 172 loans, 19.4% of the county's total, and the average Durham County loan of $280K compares with $278K across North Carolina.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| LENNAR MORTGAGE, LLC | 172 | $47.3M | $275K | 100.0% |
| STATE EMPLOYEES' | 51 | $13.4M | $262K | 72.5% |
| Kiavi Funding, Inc. | 49 | $15.5M | $317K | 69.4% |
| PULTE MORTGAGE LLC | 40 | $11.0M | $275K | 100.0% |
| VELOCIO MORTGAGE L.L.C. | 32 | $7.5M | $234K | 100.0% |
| General Mortgage Capital Corporation | 28 | $8.2M | $294K | 60.7% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 23 | $5.3M | $232K | 52.2% |
| PENNYMAC LOAN SERVICES, LLC | 22 | $6.5M | $295K | 54.5% |
| LENDINGONE, LLC | 21 | $6.4M | $305K | 66.7% |
| Rocket Mortgage, LLC | 15 | $4.8M | $320K | 46.7% |
| THE LOAN STORE, INC. | 15 | $4.5M | $298K | 46.7% |
| RF RENOVO MANAGEMENT COMPANY, LLC | 15 | $4.2M | $278K | 60.0% |
| CROSSCOUNTRY MORTGAGE, INC. | 10 | $2.6M | $264K | 90.0% |
| CHAMPIONS FUNDING, LLC | 9 | $2.7M | $303K | 11.1% |
| MOVEMENT MORTGAGE, LLC | 8 | $3.0M | $379K | 87.5% |
| Roxboro Savings Bank SSB | 8 | $3.0M | $369K | 50.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | 8 | $2.3M | $281K | 62.5% |
| BPL MORTGAGE TRUST, LLC | 8 | $2.2M | $280K | 25.0% |
| CORPORATE INVESTORS MORTGAGE GROUP, INC | 8 | $2.1M | $259K | 87.5% |
| DEEPHAVEN MORTGAGE LLC | 8 | $2.0M | $248K | 62.5% |
| Wells Fargo Bank, National Association | 7 | $2.3M | $328K | 85.7% |
| CV3 FINANCIAL SERVICES, LLC | 7 | $2.1M | $298K | 28.6% |
| American Security Mortgage Corp. | 7 | $2.0M | $288K | 71.4% |
| LEI:254900YZ174H294JW398 | 7 | $1.9M | $266K | 100.0% |
| AMERICAN HERITAGE LENDING, LLC | 7 | $1.8M | $261K | 42.9% |
846 North Carolina loans (3.9%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Durham County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Durham County CSV, all 25 lenders
What Durham County's table can't show you: fit. Short-term financing is exempt from HMDA, so Durham County's fix-and-flip and bridge lenders barely appear among its 165 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 Durham County, North Carolina deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Durham 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 — Durham County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 165 lenders and 888 loans: 2025 HMDA loan-level data rolled up to Durham County.
- Durham County investor-lender dataset (CSV) — All 25 lenders in the Durham County, North Carolina table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Durham 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 Durham-Chapel Hill, NC HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Durham 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.