Recently Funded DSCR Loan In Fayetteville, North Carolina

Loan Scenario:

For an experienced investor looking to unlock equity from a performing rental, American Heritage Lending closed an $88,500 DSCR cash-out refinance on a single-family detached home in Fayetteville, North Carolina. The property appraised at $118,000, holding leverage to a conservative 75% loan-to-value, and the file cleared on the strength of a 1.494 debt-service coverage ratio over a 30-Year term. Because our DSCR program underwrites the asset rather than the borrower’s personal tax returns, the rental income carried the qualifying.

The objective was simple: turn trapped equity into deployable capital without disturbing a good tenant. With the home already leased and covering its new payment nearly one and a half times over, the borrower pulled cash to redeploy into the next acquisition while the property continues to service its own debt. This is the low-drama cash-out refinance that lets a growing operator recycle capital and keep momentum.

Fayetteville’s rental demand runs largely on Fort Liberty, the enormous Army installation and home of the 82nd Airborne that anchors the local economy and keeps a steady stream of service members and civilian contractors cycling through the housing market. Fayetteville State University adds a student and faculty base, while regional hospitals and logistics employers broaden the tenant pool. Sitting along the Cape Fear River, the city offers housing that stays meaningfully more affordable than Raleigh or Charlotte, drawing renters priced out of those metros. That mix of military turnover and everyday affordability makes for durable occupancy.

Conservative leverage, strong coverage, and a market built for rentals, exactly the kind of refinance AHL is glad to fund.

Similar Recently Funded Case Studies: DSCR Loan in Concord, NC  •  DSCR Loan in Charlotte, NC  •  DSCR Loan in Winston-Salem, NC

Additional Images