DSCR Loans in Wayne 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, 61 lenders made 170 investment-property loans in Wayne County, 0.8% of North Carolina's total. Dominick Prevete arranges DSCR loans across Wayne 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.
Wayne County investor market at a glance
| Statistic | Wayne County | North Carolina | County rank |
|---|---|---|---|
| Investor loans | 170 | 21,470 | 30th of 42 |
| Reporting lenders | 61 | 601 | 32nd of 42 |
| Loan volume | $25.5M | $5.97B | 37th of 42 |
| Average loan | $150K | $278K | 40th of 42 |
| Median loan | $145K | $225K | 37th of 42 |
| Purchases | 54.1% | 64.5% | 34th of 42 |
| Cash-out refinances | 23.5% | 15.7% | 5th of 42 |
| 2–4 unit properties | 4.7% | 6.3% | 29th of 42 |
| Top five lenders' share | 34.1% | 23.4% | 18th of 42 |
| Reported business-purpose | 80.6% | 70.9% | 7th of 42 |
Wayne County: closed-end loans on 1–4 unit investment properties. Wayne County's rank is highest first, among North Carolina's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Wayne County's investor loans.
What stands out in Wayne County
The average investor loan in Wayne County was $150K, the 3rd-lowest average of North Carolina's 42 counties with published data (statewide: $278K).
Loans here run small. DSCR loans Dominick arranges start at $75,000.
23.5% of Wayne County's investor loans were cash-out refinances, the 5th-highest share of North Carolina's 42 counties with published data (statewide: 15.7%).
On the DSCR cash-out refinances Dominick arranges, cash-out can close with no seasoning.
By share of investor loans reported as business-purpose, Wayne County ranks 7th-highest of North Carolina's 42 counties with published data (statewide: 70.9%).
80.6% of investor loans here were reported as business-purpose, the only kind of financing Dominick arranges.
Does a DSCR loan pencil in Wayne County?
At HUD's fair market rent of $1,516 for a 3-bedroom in Wayne 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). Wayne County's median home value is $178,700; at that price the payment is $1,154 a month, so the property would need $1,175 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) | $1,261 / $1,516 / $2,001 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $178,700 |
| Median property taxes and effective rate | $1,249 (0.70% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,154 |
| Rent needed to cover that payment | $1,175 |
| Coverage of a 3-bedroom at fair market rent | 1.31 |
| Highest price a 3-bedroom at fair market rent covers | about $230,000 |
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 Wayne County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Wayne County?
The most active investment-property lenders in Wayne County in 2025 HMDA data were STATE EMPLOYEES'; Kiavi Funding, Inc.; and UNITED SHORE FINANCIAL SERVICES, LLC, out of 61 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 Wayne County, and matches each file to the one most likely to fund it.
Wayne County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 170 loans and $25.5M from 61 lenders. STATE EMPLOYEES' led Wayne County with 14 loans, 8.2% of the county's total, and the average Wayne County loan of $150K compares with $278K across North Carolina.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| STATE EMPLOYEES' | 14 | $2.0M | $144K | 64.3% |
| Kiavi Funding, Inc. | 12 | $1.9M | $155K | 66.7% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 12 | $1.4M | $121K | 58.3% |
| KS BANK, INC. | 11 | $1.9M | $170K | 72.7% |
| LIMA ONE CAPITAL, LLC | 9 | $1.2M | $138K | 11.1% |
| Alcova Mortgage LLC | 6 | $0.9M | $145K | 50.0% |
| OCMBC, INC. | 5 | $0.7M | $131K | 80.0% |
| Loan Funder LLC | 5 | $0.6M | $121K | 60.0% |
| First Bank | 4 | $0.7M | $185K | 75.0% |
| Southern Bank and Trust Company | 4 | $0.6M | $150K | 100.0% |
| AMWEST FUNDING CORP. | 4 | $0.6M | $145K | 75.0% |
| VISTA POINT MORTGAGE, LLC | 4 | $0.6M | $138K | 0.0% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | 4 | $0.5M | $125K | 100.0% |
| AMERICAN HERITAGE LENDING, LLC | 4 | $0.5M | $125K | 0.0% |
| DHI MORTGAGE COMPANY, LTD. | 3 | $0.6M | $188K | 100.0% |
| CHAMPIONS FUNDING, LLC | 3 | $0.5M | $182K | 0.0% |
| NEWREZ LLC | 3 | $0.5M | $152K | 33.3% |
| Hometown Equity Mortgage, LLC | 3 | $0.5M | $152K | 66.7% |
| BPL MORTGAGE TRUST, LLC | 3 | $0.4M | $148K | 33.3% |
| First-Citizens Bank & Trust Company | 3 | $0.4M | $135K | 100.0% |
| LOWER, LLC | 3 | $0.3M | $108K | 66.7% |
| Truist Bank | 2 | $0.5M | $235K | 50.0% |
| American Security Mortgage Corp. | 2 | $0.3M | $170K | 100.0% |
| CV3 FINANCIAL SERVICES, LLC | 2 | $0.3M | $155K | 100.0% |
| City Lending Inc. | 2 | $0.3M | $150K | 100.0% |
846 North Carolina loans (3.9%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Wayne County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Wayne County CSV, all 25 lenders
What Wayne County's table can't show you: fit. Short-term financing is exempt from HMDA, so Wayne County's fix-and-flip and bridge lenders barely appear among its 61 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 Wayne County, North Carolina deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Wayne 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 — Wayne County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 61 lenders and 170 loans: 2025 HMDA loan-level data rolled up to Wayne County.
- Wayne County investor-lender dataset (CSV) — All 25 lenders in the Wayne County, North Carolina table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Wayne 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 Goldsboro, NC MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Wayne 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.