Does Grafton Funding offer DSCR loans for rental properties?

Yes — DSCR (Debt Service Coverage Ratio) loans are our most popular product. We lend on single-family rentals, 2–4 unit properties, short-term rentals (like Airbnb and VRBO), and small multifamily up to 10 units. We qualify the property on its rental income rather than your personal income or tax returns. Minimum DSCR is typically 1.0x, and we lend in TX, FL, GA, NC, SC, and other states.

Does Grafton Funding do fix and flip loans or bridge loans?

Yes. We provide fix and flip loans and bridge loans for non-owner occupied investment properties. Our programs cover the purchase price plus rehab costs, with fast closings. Loan terms are short-term (typically 12–18 months) and are designed around the investor's exit strategy — either sale or refinance.

Can I get a DSCR loan for an Airbnb or short-term rental property?

Yes — we specialize in short-term rental (STR) financing. We use either the property's actual Airbnb or VRBO income history or a market-rate STR income estimate to qualify the loan. You don't need W-2s or tax returns.

Does Grafton Funding offer new construction loans for investment properties?

Yes. We offer new construction loans for non-owner occupied residential investment properties, including spec builds, ground-up construction, and lot + build projects. These are short-term loans that fund in draws as construction progresses.

Does Grafton Funding lend in North Carolina?

Yes — we actively lend in North Carolina, including the Charlotte metro, the Triangle (Raleigh/Durham/Chapel Hill), Wilmington, and Asheville. We offer DSCR rental loans, fix and flip loans, and new construction financing for NC investment properties. Local NC line: (910) 218-1286.

Can I qualify for a loan without showing tax returns or personal income?

Yes — our DSCR loans are underwritten based on the property's rental income, not your personal income or tax returns. This makes them ideal for self-employed investors and business owners. We do require a credit check and down payment, but there's no traditional income verification.

What credit score do I need to get a loan from Grafton Funding?

For most DSCR rental loan programs, we generally look for a minimum credit score in the 660–680 range, though this can vary by program and loan-to-value. Fix and flip loans may have different requirements depending on experience and deal strength.

How much do I need to put down for a DSCR loan?

For DSCR rental loans, we typically lend up to 75–80% loan-to-value (LTV), meaning you'd need 20–25% as a down payment. The exact LTV depends on the property type, DSCR ratio, and your credit profile. We lend exclusively on non-owner occupied investment real estate.

How quickly can Grafton Funding close a loan?

Many of our transactions close in 2–4 weeks depending on the loan type, property, and how quickly documentation is provided. We prioritize responsive communication and efficient underwriting for investors who need to move fast on deals.

Does Grafton Funding work with first-time real estate investors?

Yes — we work with both new and experienced investors. For DSCR rental loans, first-time investors are welcome as long as the property cash flows and the borrower meets our credit and down payment requirements. For fix and flip loans, some experience is preferred but not always required.

DSCR Rental Loans in North Carolina for Real Estate Investors

North Carolina continues to attract corporate relocations and a growing remote-work population, pushing rental demand — especially in the Research Triangle — well above historical averages.

Grafton Funding offers DSCR rental loans throughout North Carolina, with active deal flow in Charlotte, Raleigh, Durham, Greensboro, and Wilmington. Charlotte is the second-largest banking city in the US, making it a hub for capital-aware real estate investors.

Whether you're buying your first rental or expanding a portfolio, our DSCR loans qualify on the property's income — not yours. No W-2. No tax returns. Contact us to see if your North Carolina rental property qualifies.

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Why North Carolina Investors Use DSCR Loans

DSCR (Debt Service Coverage Ratio) loans are structured around property cash flow rather than borrower income documentation.

North Carolina investors choose DSCR financing because:

No tax returns or W-2 income verification required
Qualification based on rental income
LLC vesting allowed and encouraged
30-year fixed options available
Scalable portfolio growth without traditional DTI limitations
Financing available for 1–10 unit residential investment properties

This structure allows investors to expand across growing markets

throughout North Carolina.

North Carolina DSCR Loan Guidelines

Typical program parameters include:

Minimum 1.0 DSCR ratio
640+ credit score (varies by program)
Up to 75–80% loan-to-value
30-year fixed and adjustable options
Prepayment options from 0–5 years
Loan amounts starting at $75,000

Final terms vary based on property, borrower profile, and market.

Eligible Property Types in North Carolina

Our DSCR loan programs support:

Single-family rental properties
Duplexes, triplexes, and fourplexes
5-10 Unit residential rental properties
Long-term residential rental properties
Stabilized investment properties
Portfolio expansion transactions

We lend in major North Carolina markets including:

Charlotte
Raleigh
Durham
Greensboro
Winston-Salem
Wilmington
Asheville
Fayetteville

Jacksonville

And most other cities throughout the state.

Why Work With Grafton Funding in North Carolina

We specialize exclusively in investment property financing.

Our team structures DSCR rental loans nationwide, including throughout North Carolina’s expanding rental markets. Rather than forcing investors into rigid programs, we match financing solutions to your property strategy and long-term portfolio goals.

Whether you're acquiring a new rental property or refinancing an existing asset, we provide streamlined underwriting designed for real estate investors.

Frequently Asked Questions

Q: Do you offer DSCR loans statewide in North Carolina?
A: Yes. We provide DSCR rental financing throughout most North Carolina markets.

Q: Can I close in an LLC?
A: Yes. LLC ownership is permitted and encouraged for investment properties.

Q: Do you use projected rent or current lease income?
A: Programs may use either current lease income or market rent analysis depending on the scenario.

Q: Is this for primary residences?
A: No. DSCR loans are designed exclusively for non-owner occupied investment properties.

Q: Can I get a DSCR loan in North Carolina without showing personal income?

A: Yes. DSCR loans in North Carolina qualify based on the rental income of the property, not your W-2 or tax returns. If the property's monthly rent covers the PITIA (principal, interest, taxes, insurance, and HOA), you're eligible. This makes DSCR loans ideal for self-employed investors and those with complex income structures.

Q: What markets in North Carolina does Grafton Funding lend in?

A: We lend across North Carolina, with particular activity in Charlotte, Raleigh-Durham, Greensboro, and coastal markets like Wilmington. We evaluate each property on its rental fundamentals regardless of location — give us the address and we'll tell you quickly.

Q: What is the minimum DSCR ratio Grafton Funding requires in North Carolina?

A: We typically require a minimum DSCR of 1.0, meaning the property's gross rent covers its total housing expense. Deals with a DSCR above 1.25 receive more favorable terms. Some products allow ratios slightly below 1.0 — contact us to discuss your specific property.

Ready to Finance Your

North Carolina Rental Property?

Complete our pre-qualification form to review your North Carolina investment property and explore available DSCR loan options.