Where We Lend

Hard Money Lenders in North Carolina

Bridge loans for the flip. A 30-year DSCR loan for the rental.

We are direct private money lenders in North Carolina. We underwrite in house and fund the loans ourselves, so nobody else has to sign off before you get an answer. Both products are available statewide, to entities, on non-owner-occupied property.

Get a Quote for a North Carolina Deal Call (410) 855-4600

Charlotte, North Carolina downtown skyline

DirectLender, not a broker

$600M+Deployed across MD & the East Coast

StatewideBridge and DSCR coverage in NC

Loan Products Available in North Carolina

What We Fund Here

Both of our core products are available statewide to investors and entities (LLCs, corps, trusts). No owner-occupied loans.

Short-term

Bridge & Fix-and-Flip

Up to 90% of purchase, 100% of rehab
6–12 month terms, extensions available
Close in as little as 5–7 business days
$75K minimum, $3M maximum

Bridge loan details →

Long-term

30-Year Rental (DSCR)

Up to 80% LTV on purchase or rate & term refi
30-year fixed amortization
No personal income documentation
$75K – $1.5M per property, portfolio loans available

DSCR rental details →

Bridge to DSCR

Bridge First, DSCR After the Tenant

We fund the purchase and the rehab with a hard money bridge loan. When the work is done and the property is rented, we refinance it onto a 30-year DSCR loan. Both loans come from the same place, so the refinance opens with a file we already have and a track record we watched you build.

You do not have to use us for both. Plenty of borrowers bring us the refinance on a property somebody else funded, and plenty take the bridge and sell. But if the plan is to keep the house, it is worth knowing the exit is already on the shelf before you buy.

Rental Financing

30-Year DSCR Loans in North Carolina

A DSCR loan is underwritten on the property, not on you. We measure the rent the house brings in against the payment it has to carry, which is principal, interest, taxes, insurance and any HOA dues. Program details are on our 30-year DSCR rental loan page.

Coverage

Where We Lend in North Carolina

Both products are available across the whole state. We lend to entities, which means an LLC, a corporation or a trust, on non-owner-occupied property. We do not write owner-occupied loans. The rest of our footprint is on the Where We Lend page.

Buying here from another state is ordinary. A North Carolina attorney runs the closing whether you live down the road or five states away, so the mechanics are the same either way. What changes is how much you have to read before you sign, which is the subject of our out-of-state investing playbook.

Local Rules

What's important to know about North Carolina deals

Five rules that catch investors here.

A North Carolina foreclosure is called non-judicial, but a court official still runs it. A power of sale foreclosure needs a hearing in front of the clerk of superior court before a sale can be authorized. After the sale a bidding period runs that restarts every time somebody bids higher.
A North Carolina attorney has to run your closing. The state treats preparing deeds and passing on title as practicing law, so a title company can issue the policy but cannot conduct the closing. Coming from a title company state, budget the attorney's fee and calendar into your timeline.
A North Carolina city cannot make you register your rental. State law bars a local government from requiring a permit, permission or registration to lease residential property. The exceptions reach individual problem properties, not whole cities. There is nothing to go and get before you rent the house out.
Seven coastal counties charge six times the state's transfer tax. The statewide excise tax on a deed is 0.2%, paid by the seller at recording. Camden, Chowan, Currituck, Dare, Pasquotank, Perquimans and Washington counties add 1% on top, so a deed there costs 1.2%.
On the coast, a permit or a flood map can decide the deal. Development inside a designated Area of Environmental Concern needs a permit, usually a minor one targeted at 25 days. Some coastal land cannot get federal flood insurance at all, and that private insurance cost sits inside the payment a DSCR loan has to cover.

See the primary sources on the following sites:

Common Questions

North Carolina Lending FAQ

Can you close without a title company?

You can still use a title insurer for the policy, but not to run the closing. North Carolina treats abstracting or passing upon title as the practice of law, so a licensed North Carolina attorney has to conduct the closing itself. A nonlawyer can present the documents, direct the parties where to sign and disburse the funds. We work with North Carolina counsel on every file.

Can a North Carolina city make me register or license my rental?

In almost every case, no. State law bars a local government from requiring a permit or permission to lease residential property, or from requiring you to register a rental. The exceptions are individual properties with more than four verified violations in a rolling 12 months, two or more in a rolling 30 days, or a property identified in the top ten percent for crime or disorder problems. For everything else there is no license to go and get before you rent the house out.

What does the clerk's hearing mean for a foreclosure timeline?

It means there is always a hearing. The clerk of superior court has to make six findings before authorizing a sale, notice of the hearing runs at least 10 days ahead, and the order can be appealed within 10 days. After the sale a 10-day upset bid period runs, and it restarts every time somebody bids higher. We do not publish a total, because it depends on whether anything is contested.

What is the minimum loan amount in North Carolina?

$75,000 on both products. Bridge loans run from $75,000 to $3M, and 30-year DSCR rental loans run from $75,000 to $1.5M per property.

How does a coastal permit affect my timeline?

If the property sits in an Area of Environmental Concern in one of the 20 counties covered by the Coastal Area Management Act, development there needs a permit. A minor permit, which is the usual case for a single-family house, is targeted at 25 days once the application is complete. A major permit goes to ten state and four federal agencies, so it is not something to plan a short rehab around.

Do you lend to investors who live outside North Carolina?

Yes. A North Carolina attorney runs the closing whichever state you live in, so being out of state does not change the mechanics. Both products are available statewide, to entities, on non-owner-occupied property.

How It Works