⚡ Quick Answer What is a DSCR loan and how does it work in Charlotte, NC? A DSCR loan qualifies you based on the rental income of the investment property — not your personal W-2 or tax returns. In Charlotte, NC, most lenders require a minimum DSCR of 1.0 to 1.25 and a credit score…
⚡ Quick Answer What credit score do you need to buy a home in Charlotte, NC? The minimum credit score to buy a home in Charlotte depends on your loan type: FHA loans require 580 (3.5% down), conventional loans start at 620, and VA loans have no minimum score for eligible veterans. Most Charlotte buyers…
Trevor Higgins — NMLS #1410557 Branch Manager · Fairway Home Mortgage · Charlotte, NC 12+ years lending experience · 500+ verified 5-star reviews · Licensed NC & SC Published April 9, 2026 · 8 min read ⚡ Quick Answer — April 9, 2026 The 30-year fixed mortgage rate dropped to 6.37% this week — even…