DSCR Loans in Pitt 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, 91 lenders made 427 investment-property loans in Pitt County, 2.0% of North Carolina's total. Dominick Prevete arranges DSCR loans across Pitt 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 $230,000.
Pitt County investor market at a glance
| Statistic | Pitt County | North Carolina | County rank |
|---|---|---|---|
| Investor loans | 427 | 21,470 | 13th of 42 |
| Reporting lenders | 91 | 601 | 18th of 42 |
| Loan volume | $79.0M | $5.97B | 22nd of 42 |
| Average loan | $185K | $278K | 33rd of 42 |
| Median loan | $155K | $225K | 34th of 42 |
| Purchases | 72.6% | 64.5% | 7th of 42 |
| Cash-out refinances | 13.6% | 15.7% | 30th of 42 |
| 2–4 unit properties | 10.8% | 6.3% | 12th of 42 |
| Top five lenders' share | 39.6% | 23.4% | 9th of 42 |
| Reported business-purpose | 84.8% | 70.9% | 3rd of 42 |
Pitt County: closed-end loans on 1–4 unit investment properties. Pitt County's rank is highest first, among North Carolina's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Pitt County's investor loans.
What stands out in Pitt County
By share of investor loans reported as business-purpose, Pitt County ranks 3rd-highest of North Carolina's 42 counties with published data (statewide: 70.9%).
84.8% of investor loans here were reported as business-purpose, the only kind of financing Dominick arranges.
72.6% of Pitt County's investor loans were purchases, the 7th-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.
The median investor loan in Pitt County was $155K, the 7th-lowest median of North Carolina's 42 counties with published data (statewide: $225K).
Loans here run small. DSCR loans Dominick arranges start at $75,000.
Does a DSCR loan pencil in Pitt County?
At HUD's fair market rent of $1,518 for a 3-bedroom in Pitt County, North Carolina, a rental covers its full DSCR payment up to a purchase price of about $230,000, with 20% down at the 7.25% starting rate (November 2026). Pitt County's median home value is $208,900; at that price the payment is $1,372 a month, so the property would need $1,375 in rent to cover it.
At that price, the rent covers the full payment, which is the test a standard DSCR loan qualifies on.
| HUD fair market rent, 2 / 3 / 4 bedroom (FY2027) | $1,167 / $1,518 / $1,909 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $208,900 |
| Median property taxes and effective rate | $1,734 (0.83% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,372 |
| Rent needed to cover that payment | $1,375 |
| Coverage of a 3-bedroom at fair market rent | 1.11 |
| Highest price a 3-bedroom at fair market rent covers | about $230,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $355,000 |
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 Pitt County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Pitt County?
The most active investment-property lenders in Pitt County in 2025 HMDA data were Southern Bank and Trust Company, STATE EMPLOYEES' and Alcova Mortgage LLC, out of 91 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 Pitt County, and matches each file to the one most likely to fund it.
Pitt County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 427 loans and $79.0M from 91 lenders. Southern Bank and Trust Company led Pitt County with 48 loans, 11.2% of the county's total, and the average Pitt County loan of $185K compares with $278K across North Carolina.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Southern Bank and Trust Company | 48 | $8.5M | $178K | 72.9% |
| STATE EMPLOYEES' | 39 | $6.0M | $155K | 79.5% |
| Alcova Mortgage LLC | 33 | $5.4M | $164K | 75.8% |
| Kiavi Funding, Inc. | 29 | $5.0M | $173K | 75.9% |
| United Bank | 20 | $3.2M | $161K | 70.0% |
| Towne Bank | 17 | $4.2M | $247K | 64.7% |
| First-Citizens Bank & Trust Company | 16 | $3.0M | $188K | 100.0% |
| DHI MORTGAGE COMPANY, LTD. | 13 | $2.3M | $174K | 100.0% |
| Loan Funder LLC | 12 | $6.7M | $561K | 33.3% |
| Rocket Mortgage, LLC | 12 | $2.1M | $175K | 91.7% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 12 | $1.7M | $139K | 66.7% |
| BPL MORTGAGE TRUST, LLC | 9 | $1.3M | $145K | 22.2% |
| 21st Mortgage Corporation | 8 | $0.7M | $93K | 100.0% |
| First Bank | 7 | $1.8M | $261K | 100.0% |
| Truist Bank | 7 | $1.1M | $162K | 71.4% |
| INSPIRE HOME LOANS INC. | 7 | $1.1M | $152K | 100.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | 5 | $1.1M | $225K | 20.0% |
| Churchill Funding I LLC | 5 | $1.0M | $191K | 20.0% |
| AMERITRUST MORTGAGE CORPORATION | 5 | $0.9M | $171K | 0.0% |
| Citadel Servicing Corporation | 5 | $0.8M | $169K | 100.0% |
| THE LOAN STORE, INC. | 5 | $0.8M | $161K | 100.0% |
| CONSTRUCTIVE LOANS, LLC | 5 | $0.7M | $143K | 0.0% |
| CV3 FINANCIAL SERVICES, LLC | 4 | $0.7M | $168K | 100.0% |
| American Security Mortgage Corp. | 4 | $0.7M | $163K | 100.0% |
| NEWREZ LLC | 4 | $0.6M | $143K | 25.0% |
846 North Carolina loans (3.9%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Pitt County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Pitt County CSV, all 25 lenders
What Pitt County's table can't show you: fit. Short-term financing is exempt from HMDA, so Pitt County's fix-and-flip and bridge lenders barely appear among its 91 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 Pitt County, North Carolina deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Pitt 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 — Pitt County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 91 lenders and 427 loans: 2025 HMDA loan-level data rolled up to Pitt County.
- Pitt County investor-lender dataset (CSV) — All 25 lenders in the Pitt County, North Carolina table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Pitt 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 Greenville, NC MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Pitt 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.