Self-employed and investors in
North Carolina
Count of Non-QM loans in
North Carolina
Non-QM lending growth in
North Carolina
North Carolina continues to emerge as a significant Non-QM lending market, with approximately 20,056 Non-QM loans originated in 2024, an increase of 14.1% from the previous year. Non-QM lending activity is concentrated in the state’s largest metropolitan areas, including Charlotte, Raleigh, and Winston-Salem, though a notable share of lending also occurs outside major metropolitan statistical areas as housing growth expands across the state.
Polygon Vision estimates that North Carolina contains approximately 222,838 potential Non-QM borrowers, including around 96,556 self-employed households and 126,282 small real estate investors. These borrower segments represent a significant pool of households that may require alternative mortgage underwriting, particularly for investment properties and borrowers with non-traditional income documentation.