North Carolina Private Money Loans

Building wealth in North Carolina

Rain City Capital now lends in the state of North Carolina. Tech, tourism, and a growing young population makes for strong rental markets in major cities across the state, North Carolina holds potential for smart investors seeking stable returns in major metro areas.

Rain City’s top 5 NC markets:

  1. Jacksonville

  2. Raleigh

  3. Durham

  4. Burlington

  5. Winston-Sales

Our Loan Programs

DSCR (30-year fixed) Rental Loans:

  • Competitive rates from 7.12%

  • Up to 80% LTV

  • Cash out refi after 6 months with no limits on the amount

  • No income verification or DTI required

Fix and flip Loans:

  • Competitive rates from 10%

  • Non-Dutch interest - don’t pay interest on undrawn reno funds

  • Close in as few as 48 hours

  • High leverage up to 90% LTC

  • 12-month terms with extension options (no prepayment penalty)

 
 

Get in touch with an expert

 

Our Team

All of our Sales Executives can pre-underwrite and originate in the state of North Carolina.

NC Network

We also have a growing network of local partners, so if you need a referral, let us know!

Where We Lend

Rain City Capital currently lends in 11 states.

Learn more about our markets here.

CONTACT US

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Our Process

80% of our business comes from repeat customers. Here's our proven process for how we make it happen again and again.

  • Rain City's mission is 'Real and Lasting Mutual Success', which means we’ll never fund a deal we don’t believe in—because it’s our money going out, we treat your investments as our own. That's why your loan officer will get to know you and your business so that when you send us a property, we can quickly run the numbers to see if you have a deal on your hands.

  • If the deal looks good, it's time to apply! Our online loan application takes about 7 minutes to complete. We'll get you a pre-approval amount based on your credit and available assets. You will have 24/7 access to proof of funds letters.

    Here's what we need to begin the review process: An online app for each borrower, a recent bank statement, purchase contract, proof of insurance, and if applicable, an operating agreement for your LLC and your budget and scope for any renovation.

  • Our underwriters have years of experience in figuring out which properties are good investments and which will cause you to lose money. The review team quickly gathers all the property details, history, title information and potential value. Once that's complete, most loans are reviewed within two days.

  • Your loan officer will get in touch to go over the final terms. From there, we work with escrow to complete your loan signing, collect your down payment, and wire your funds!

 

About Rain City Capital

Rain City Capital offers quick, simple hard money loans for real estate investors in the PNW and beyond. Since 2009, our team of industry experts has put the interest of our borrowers first and partnered closely with each borrower to ensure success. Together, we've funded more than $1 billion in over 6,000 fix-and-flip and rental loans for investors who choose to work with us again and again, just by keeping it simple and lending with integrity.

 

All loans are for non-owner occupied properties only. Additional terms apply. Contact your loan officer for full details.

Rain City Capital currently lends in Arkansas, Colorado, Florida, Missouri, Ohio, Oklahoma, Oregon, North Carolina, Tennessee, Texas, and Washington state. (Rain City Capital of Oregon NMLS #136679)