Can I get a DSCR loan on an Outer Banks (Corolla, NC) short-term rental?

Yes. Coastal NC short-term-rental DSCR is well-covered: 75% LTV on stabilized STR, projected revenue from AirDNA accepted, no personal income required.

The Outer Banks (Corolla, Duck, Nags Head, Kitty Hawk) is one of the most active STR-DSCR markets in the country. Multiple non-QM lenders explicitly cover NC coastal STR with: 75% LTV on stabilized purchase or rate-term refi (5% lower than standard DSCR but on par with coastal STR); 70% LTV on cash-out; projected revenue from AirDNA or third-party reports accepted in lieu of historical bookings, typically discounted 25-35% to a stabilized annual figure; 1.0+ DSCR ratio with the projected (discounted) revenue. Practical math for a Corolla rental: house at $850K, projected gross STR revenue $90K/yr per AirDNA. Lender applies 70% discount factor = $63K qualifying revenue. Annual PITIA at 75% LTV ($637K loan), 7.5% rate, $5K/yr taxes, $4K/yr insurance, $6K/yr HOA = $58K. DSCR = 63 / 58 = 1.09. Qualifies. Property must be in a zoning area that permits STR (most of Corolla is fine). Insurance is the biggest cost driver - coastal-storm policy can run $6-12K/yr, which can compress the DSCR ratio. A 70% LTV loan instead of 75% often makes the DSCR math work cleanly while the lower ratio also gets better rate pricing.