Charlotte's investor-focused mortgage team. DSCR loans let you qualify based on what your rental property earns — not your personal income, tax returns, or employment status. Ideal for LLCs, self-employed investors, and anyone scaling a portfolio.
A DSCR of 1.0 means rent exactly covers the mortgage. A DSCR of 1.25 means the property earns 25% more than its monthly obligation — lenders prefer this.
DSCR loans work across the full range of investment property types we see in the Charlotte market.
Traditional long-term rental homes in Charlotte, Concord, Gastonia, and surrounding areas. Qualify on market rent or actual lease income.
Qualify using AirDNA projected income or your actual platform payout history. We package STR files specifically for clean underwriting approval.
Charlotte is one of the strongest PadSplit markets in the country. We use your room-by-room payout history and platform reports for qualification.
Duplexes, triplexes, and quads in Charlotte qualify using combined rental income from all units. Strong cash flow properties often exceed 1.25 DSCR easily.
Already own a paid-down or renovated property? DSCR cash-out refinances let you pull equity to fund your next acquisition without touching personal income docs.
Unlike conventional loans, DSCR loans can be originated in the name of your LLC or entity — protecting your personal assets while building your portfolio.
| Feature | DSCR Loan | Conventional Investment Loan |
|---|---|---|
| Qualification basis | ✓ Property cash flow only | Personal income + DTI ratio |
| Tax returns required | ✓ No — not required | ✗ Yes — 2 years required |
| W-2 / employment required | ✓ No | ✗ Yes |
| LLC ownership allowed | ✓ Yes | ✗ No (must be personal) |
| DTI limit applies | ✓ No DTI calculation | ✗ Typically 45% max DTI |
| Number of financed properties | ✓ Unlimited | ✗ Max 10 financed properties |
| STR / Airbnb income accepted | ✓ Yes — AirDNA or actuals | Limited — complex rules |
| Minimum down payment | 20–25% | 15–25% |
| Best for | Self-employed, LLC investors, high-portfolio investors | W-2 employees with low DTI buying first investment |
We run the DSCR calculation on your target property using market rents or your actual lease. You know your numbers before you apply.
We gather property docs, rent rolls, STR payout history, or PadSplit reports. Clean file = fast underwriting. No personal income docs needed.
DSCR approvals typically run 2–3 weeks. We lock your rate strategically and keep your agent and title aligned to hit your contract date.
Close on time. Then we plan your next cash-out or acquisition. Most of our investors close multiple DSCR loans with us as their portfolio grows.
★★★★★"The entire team at Metrolina was great to work with. Trevor, Anthony, and Erin made the process of purchasing a 2nd home easy and stress free."
★★★★★"Professionalism, creativity, willing to put in the work and keep us informed. Will continue to partner with Trevor and Anthony."
★★★★★"Thank you to Trevor and his team! Smooth process in a quick and timely manner. Helped me many times before and looking forward to working with him again in the future."
A DSCR loan qualifies based on the rental income a property generates rather than the borrower's personal income, W-2s, or tax returns. DSCR stands for Debt Service Coverage Ratio — if the rent covers the mortgage payment, you typically qualify.
Most lenders require a minimum DSCR of 1.0. A DSCR of 1.25 or higher typically qualifies for the best rates. For properties below 1.0, some lenders offer No-Ratio DSCR programs for experienced investors.
Yes. DSCR loans work for short-term rentals in Charlotte. Lenders use AirDNA market rental data or your actual payout history to calculate qualifying income. We specialize in packaging STR files for clean underwriting approval.
Yes — this is one of the biggest advantages of DSCR loans. They can be originated in the name of an LLC, which conventional Fannie Mae loans do not allow. This lets investors maintain liability protection while financing rental properties.
Most DSCR purchase loans require 20–25% down. For cash-out refinances, you typically need to maintain 25–30% equity. Requirements vary by lender, DSCR ratio, and property type.
Yes. PadSplit co-living properties can qualify for DSCR loans when income is documented through PadSplit platform payout history and room-by-room reports. Charlotte is one of the strongest PadSplit markets in the country and we have direct experience with these files.
Most DSCR lenders in Charlotte require a minimum DSCR of 1.0 to 1.25, depending on the program and property type. A DSCR of 1.0 means the rent exactly covers the mortgage payment (breakeven). A DSCR of 1.25 means the property earns 25% more than its monthly obligation — this threshold unlocks best-rate pricing on most programs. Some lenders offer sub-1.0 DSCR programs with compensating factors such as higher down payment or stronger credit, but rates and terms are less favorable. Charlotte neighborhoods like University City, NoDa, and Gastonia regularly produce DSCR ratios of 1.20–1.40 based on current rental data.
As of April 2026, DSCR loan rates in Charlotte typically range from 7.0% to 8.5% depending on credit score, down payment, DSCR ratio, and property type. Rates are generally 0.5–2.0% higher than conventional owner-occupied loans — this premium reflects the no-income-verification structure. The rate tiers work as follows: 740+ credit with 25%+ down and 1.25+ DSCR qualifies for the best pricing; lower credit, smaller down payment, or tighter DSCR moves you into higher rate tiers. Short-term rental (STR/Airbnb) and PadSplit properties may carry slight rate premiums vs. standard long-term rentals. Book a call and we'll quote your exact scenario.
Yes — LLC vesting is accepted on most DSCR programs and is one of the primary reasons Charlotte investors choose DSCR over conventional. You can close the loan in your LLC name, keeping the property legally separated from your personal assets. Requirements typically include: the LLC must be in good standing, the borrower must be a member or manager of the LLC, and most lenders require a personal guarantee from the borrower even for LLC-held properties. Single-member LLCs are the most common structure for DSCR transactions. We package LLC files regularly and know exactly what documentation each lender requires.
Most DSCR loan programs in Charlotte require a minimum down payment of 20–25% of the purchase price (80–75% LTV). Some programs allow 15% down (85% LTV) for borrowers with 660+ credit and strong DSCR ratios, but rates are higher at this tier. A larger down payment directly improves your DSCR ratio by reducing the loan amount and therefore the monthly PITIA obligation — investors targeting borderline DSCR deals often increase the down payment to push the ratio above the 1.25 threshold and access better pricing. Down payment funds must come from verified sources; seller concessions cannot be used toward the down payment on investment properties.
Have a specific property in mind? Let's run the DSCR numbers together.
Book a Free DSCR Analysis Call →Tell us about your property — we'll calculate your DSCR, show you qualifying scenarios, and give you a rate range in a free 15-minute call.