DSCR Loans in Rowan 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, 90 lenders made 260 investment-property loans in Rowan County, 1.2% of North Carolina's total. Dominick Prevete arranges DSCR loans across Rowan 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 $245,000.
Rowan County investor market at a glance
| Statistic | Rowan County | North Carolina | County rank |
|---|---|---|---|
| Investor loans | 260 | 21,470 | 21st of 42 |
| Reporting lenders | 90 | 601 | 20th of 42 |
| Loan volume | $55.4M | $5.97B | 27th of 42 |
| Average loan | $213K | $278K | 27th of 42 |
| Median loan | $175K | $225K | 27th of 42 |
| Purchases | 53.1% | 64.5% | 37th of 42 |
| Cash-out refinances | 17.7% | 15.7% | 17th of 42 |
| 2–4 unit properties | 15.0% | 6.3% | 4th of 42 |
| Top five lenders' share | 28.8% | 23.4% | 31st of 42 |
| Reported business-purpose | 74.6% | 70.9% | 21st of 42 |
Rowan County: closed-end loans on 1–4 unit investment properties. Rowan County's rank is highest first, among North Carolina's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Rowan County's investor loans.
What stands out in Rowan County
15.0% of Rowan County's investor loans financed a 2–4 unit property, the 4th-highest share of North Carolina's 42 counties with published data (statewide: 6.3%).
2–4 unit properties are a larger share here than in most of North Carolina. A DSCR loan on a 2–4 unit property qualifies on the rent from all of its units.
53.1% of Rowan County's investor loans were purchases, the 5th-lowest share of North Carolina's 42 counties with published data (statewide: 64.5%).
Refinances are a larger share here than in most of North Carolina. A DSCR refinance qualifies on the property's current rent.
Does a DSCR loan pencil in Rowan County?
At HUD's fair market rent of $1,604 for a 3-bedroom in Rowan County, North Carolina, a rental covers its full DSCR payment up to a purchase price of about $245,000, with 20% down at the 7.25% starting rate (November 2026). Rowan County's median home value is $238,400; at that price the payment is $1,530 a month, so the property would need $1,550 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) | $1,262 / $1,604 / $2,109 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $238,400 |
| Median property taxes and effective rate | $1,554 (0.65% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,530 |
| Rent needed to cover that payment | $1,550 |
| Coverage of a 3-bedroom at fair market rent | 1.05 |
| Highest price a 3-bedroom at fair market rent covers | about $245,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $390,000 |
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 Rowan County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Rowan County?
The most active investment-property lenders in Rowan County in 2025 HMDA data were Kiavi Funding, Inc.; Easy Street Capital, LLC; and STATE EMPLOYEES', out of 90 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 Rowan County, and matches each file to the one most likely to fund it.
Rowan County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 260 loans and $55.4M from 90 lenders. Kiavi Funding, Inc. led Rowan County with 30 loans, 11.5% of the county's total, and the average Rowan County loan of $213K compares with $278K across North Carolina.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Kiavi Funding, Inc. | 30 | $5.4M | $180K | 43.3% |
| Easy Street Capital, LLC | 13 | $1.9M | $147K | 0.0% |
| STATE EMPLOYEES' | 12 | $1.9M | $160K | 66.7% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 10 | $3.0M | $300K | 50.0% |
| Rocket Mortgage, LLC | 10 | $1.5M | $150K | 40.0% |
| Farmers & Merchants Bank | 9 | $2.4M | $263K | 66.7% |
| Peoples Bank | 9 | $1.7M | $187K | 77.8% |
| HOMEXPRESS MORTGAGE CORP. | 8 | $1.3M | $168K | 50.0% |
| RF RENOVO MANAGEMENT COMPANY, LLC | 7 | $1.1M | $155K | 71.4% |
| CROSSCOUNTRY MORTGAGE, INC. | 6 | $1.4M | $242K | 66.7% |
| MOVEMENT MORTGAGE, LLC | 6 | $1.0M | $168K | 66.7% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | 6 | $0.9M | $148K | 83.3% |
| Pinnacle Bank | 5 | $1.5M | $293K | 60.0% |
| Bank OZK | 5 | $1.2M | $233K | 100.0% |
| ABL RPC Residential Credit Acquisition LLC | 5 | $0.9M | $189K | 20.0% |
| SKYLA FEDERAL CREDIT UNION | 5 | $0.9M | $181K | 80.0% |
| DEEPHAVEN MORTGAGE LLC | 5 | $0.8M | $163K | 0.0% |
| DOMINION FINANCIAL SERVICES, LLC | 4 | $1.0M | $253K | 25.0% |
| CHAMPIONS FUNDING, LLC | 4 | $0.9M | $228K | 75.0% |
| NEWREZ LLC | 4 | $0.7M | $185K | 25.0% |
| BlueHarbor Bank | 3 | $1.4M | $475K | 100.0% |
| CV3 FINANCIAL SERVICES, LLC | 3 | $0.9M | $288K | 100.0% |
| City Lending Inc. | 3 | $0.7M | $218K | 100.0% |
| NEXERA HOLDING LLC | 3 | $0.5M | $158K | 33.3% |
| LIMA ONE CAPITAL, LLC | 3 | $0.5M | $152K | 66.7% |
846 North Carolina loans (3.9%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Rowan County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Rowan County CSV, all 25 lenders
What Rowan County's table can't show you: fit. Short-term financing is exempt from HMDA, so Rowan County's fix-and-flip and bridge lenders barely appear among its 90 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 Rowan County, North Carolina deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Rowan 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 — Rowan County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 90 lenders and 260 loans: 2025 HMDA loan-level data rolled up to Rowan County.
- Rowan County investor-lender dataset (CSV) — All 25 lenders in the Rowan County, North Carolina table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Rowan 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 Rowan County, NC HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Rowan 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.