Recently Funded DSCR Loan In Winston-Salem, North Carolina

Loan Scenario:

This DSCR rental loan covers a no cash-out refinance for a single-family property in Winston-Salem, North Carolina. The property appraised at $168,900. American Heritage Lending then funded a $135,120 loan, giving an 80.00% Loan-to-Value (LTV). Notably, the property carries a DSCR of 1.496, well above the standard threshold. As a result, approval relied only on the property’s cash flow rather than personal tax returns or job records. Also, the 30-year fixed rate gives the borrower stable, long-term funds.

The borrower is an experienced investor who used this refinance to lock in fixed-rate terms on an income-producing asset. Because the DSCR program works on property cash flow, the investor got funds without the limits of standard review. Notably, the strong DSCR confirms the property’s income covers the monthly debt payment well.

Winston-Salem draws steady rental demand from a broad tenant base. The city’s ties to healthcare, research, and student sectors keep long-term renters active. Specifically, rents in Winston-Salem sit well below the national average, making it a low-cost draw for tenants. Consequently, investors here gain from stable tenant demand and strong income flow.

Overall, this deal shows how American Heritage Lending supports experienced investors with DSCR lending. Also, the program lets the property’s cash flow drive terms rather than personal income. As a result, the borrower locks in long-term, fixed-rate funds without the limits of standard lending.