DSCR Loans in Mecklenburg 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, 265 lenders made 2,647 investment-property loans in Mecklenburg County, 12.3% of North Carolina's total. Dominick Prevete arranges DSCR loans across Mecklenburg 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 $335,000.
Mecklenburg County investor market at a glance
| Statistic | Mecklenburg County | North Carolina | County rank |
|---|---|---|---|
| Investor loans | 2,647 | 21,470 | 1st of 42 |
| Reporting lenders | 265 | 601 | 1st of 42 |
| Loan volume | $859.0M | $5.97B | 1st of 42 |
| Average loan | $325K | $278K | 12th of 42 |
| Median loan | $265K | $225K | 12th of 42 |
| Purchases | 59.4% | 64.5% | 27th of 42 |
| Cash-out refinances | 17.9% | 15.7% | 15th of 42 |
| 2–4 unit properties | 4.1% | 6.3% | 30th of 42 |
| Top five lenders' share | 22.6% | 23.4% | 42nd of 42 |
| Reported business-purpose | 71.4% | 70.9% | 28th of 42 |
Mecklenburg County: closed-end loans on 1–4 unit investment properties. Mecklenburg County's rank is highest first, among North Carolina's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Mecklenburg County's investor loans.
What stands out in Mecklenburg County
The five most active lenders wrote 22.6% of Mecklenburg County's investor loans, the 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.
Mecklenburg County's 2,647 investor loans ranked 1st of North Carolina's 42 counties with published data.
Does a DSCR loan pencil in Mecklenburg County?
At HUD's fair market rent of $2,179 for a 3-bedroom in Mecklenburg County, North Carolina, a rental covers its full DSCR payment up to a purchase price of about $335,000, with 20% down at the 7.25% starting rate (November 2026). Mecklenburg County's median home value is $406,800; at that price the payment is $2,630 a month, so the property would need $2,650 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) | $1,785 / $2,179 / $2,773 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $406,800 |
| Median property taxes and effective rate | $2,890 (0.71% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $2,630 |
| Rent needed to cover that payment | $2,650 |
| Coverage of a 3-bedroom at fair market rent | 0.83 |
| Highest price a 3-bedroom at fair market rent covers | about $335,000 |
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 Mecklenburg County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Mecklenburg County?
The most active investment-property lenders in Mecklenburg County in 2025 HMDA data were Kiavi Funding, Inc.; UNITED SHORE FINANCIAL SERVICES, LLC; and Rocket Mortgage, LLC, out of 265 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 Mecklenburg County, and matches each file to the one most likely to fund it.
Mecklenburg County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 2,647 loans and $859.0M from 265 lenders. Kiavi Funding, Inc. led Mecklenburg County with 201 loans, 7.6% of the county's total, and the average Mecklenburg County loan of $325K compares with $278K across North Carolina.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Kiavi Funding, Inc. | 201 | $56.9M | $283K | 64.2% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 157 | $40.9M | $261K | 44.6% |
| Rocket Mortgage, LLC | 94 | $23.1M | $246K | 51.1% |
| PENNYMAC LOAN SERVICES, LLC | 80 | $24.0M | $300K | 61.3% |
| Easy Street Capital, LLC | 67 | $22.1M | $330K | 0.0% |
| DHI MORTGAGE COMPANY, LTD. | 64 | $16.9M | $263K | 100.0% |
| THE LOAN STORE, INC. | 62 | $15.7M | $252K | 62.9% |
| American Security Mortgage Corp. | 57 | $18.8M | $330K | 96.5% |
| Taylor Morrison Home Funding, Inc. | 51 | $16.1M | $316K | 100.0% |
| Churchill Funding I LLC | 46 | $25.9M | $562K | 2.2% |
| STATE EMPLOYEES' | 45 | $10.8M | $240K | 75.6% |
| Loandepot.Com, LLC | 44 | $10.9M | $248K | 77.3% |
| MOVEMENT MORTGAGE, LLC | 42 | $11.6M | $275K | 66.7% |
| CHAMPIONS FUNDING, LLC | 41 | $11.5M | $281K | 43.9% |
| Loan Funder LLC | 40 | $24.8M | $620K | 32.5% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | 39 | $13.2M | $339K | 87.2% |
| CROSSCOUNTRY MORTGAGE, INC. | 38 | $10.8M | $286K | 73.7% |
| First National Bank of Pennsylvania | 29 | $11.2M | $385K | 79.3% |
| LIMA ONE CAPITAL, LLC | 27 | $18.8M | $695K | 40.7% |
| LENNAR MORTGAGE, LLC | 27 | $7.7M | $286K | 96.3% |
| OCMBC, INC. | 27 | $7.0M | $261K | 51.9% |
| CV3 FINANCIAL SERVICES, LLC | 26 | $16.6M | $637K | 57.7% |
| TEMPLE VIEW CAPITAL FUNDING, LP | 26 | $9.6M | $368K | 34.6% |
| NEWREZ LLC | 25 | $8.9M | $356K | 56.0% |
| AMERICAN HERITAGE LENDING, LLC | 25 | $7.3M | $292K | 52.0% |
846 North Carolina loans (3.9%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Mecklenburg County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Mecklenburg County CSV, all 25 lenders
What Mecklenburg County's table can't show you: fit. Short-term financing is exempt from HMDA, so Mecklenburg County's fix-and-flip and bridge lenders barely appear among its 265 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 Mecklenburg County, North Carolina deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Mecklenburg 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 — Mecklenburg County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 265 lenders and 2,647 loans: 2025 HMDA loan-level data rolled up to Mecklenburg County.
- Mecklenburg County investor-lender dataset (CSV) — All 25 lenders in the Mecklenburg County, North Carolina table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Mecklenburg 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 Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Mecklenburg 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.