North Carolina deeds of trust that carry a power of sale are foreclosed through a hearing before the clerk of court, after which the trustee may proceed under the instrument. The state levies an excise tax on instruments conveying real property at one dollar per $500, and a claim of lien on real property must be filed within 120 days after the last furnishing of labor or materials. Coastal properties also sit in an area where NOAA records document hurricane storm surge.
World's Fair Capital makes business purpose loans to real estate investors in North Carolina: fix and flip, DSCR rental, bridge and ground-up construction. This page covers points that most often matter to an investor there, each checked against the statute or agency that publishes it. It is general information, not legal or tax advice, and terms for any loan are set at underwriting.
Prepared by the WFC editorial team. Facts checked against the cited sources, last reviewed 2026-10-11.
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How a North Carolina loan works with us
- 1Start your application
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- 2Review the term sheet
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- 3Underwriting
Our team works the file and sends a clear document checklist.
- 4Closing
We close and fund through the title or closing agent.
What investors should know about North Carolina
Foreclosure starts with a clerk hearing
North Carolina deeds of trust with a power of sale go through a hearing before the clerk of court. If the clerk makes the required findings, the trustee may proceed with notice and sale under the statute.
Source: N.C. Gen. Stat. 45-21.16, checked 2026-10-11
Deeds of trust and power of sale
The statute governing sales under power of sale expressly covers a power of sale contained in a mortgage or deed of trust.
Source: N.C. Gen. Stat. 45-21.1, checked 2026-10-11
Excise tax on deeds
North Carolina levies an excise tax on instruments that convey an interest in real property, at one dollar per $500 of consideration or value, or fraction of that.
Source: N.C. Gen. Stat. 105-228.30, checked 2026-10-11
Claim of lien deadline
A claim of lien on real property may be filed after the secured obligation matures, but not later than 120 days after the last furnishing of labor or materials at the site. This matters when planning construction draws.
Source: N.C. Gen. Stat. 44A-12, checked 2026-10-11
Coastal hurricane storm surge
NOAA National Hurricane Center records describe Hurricane Hazel (1954) pushing storm surge onto the North Carolina coast, one example of coastal flood exposure.
Source: NOAA National Hurricane Center, Hurricane history, checked 2026-10-11
General information, not legal or tax advice. Confirm details with your own counsel or title agent.
For brokers
Placing a deal in North Carolina?
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Questions on a North Carolina deal? Call 800-590-7911 (Mon–Fri 8:00 AM – 5:00 PM EST).
What to send for a first look
- Property address and type
- Purchase price, or current value on a refinance
- Loan amount requested and what it is for
- Rehab or construction budget, if any
- Current or expected rent on a rental
- The borrower's experience and estimated credit score
- Your timeline to close
Loan programs for North Carolina investors
- Hard Money Loans
- Fix & Flip Loans
- Rental / DSCR Loans
- Ground-Up Construction Loans
- Commercial Bridge Loans
- Multifamily Bridge Loans
- Small Balance Commercial Loans
- Foreign National Loans
- FlexCap Business Bridge Loans
Program availability varies by property and borrower. Business purpose loans only.
Have a deal in North Carolina?
Call 800-590-7911 (Mon–Fri 8:00 AM – 5:00 PM EST) or start online.
Nothing on this website constitutes a commitment, approval, or guarantee of financing.
Rates, fees, terms, timelines, and program descriptions are subject to change without notice.
Any investor-related or capital discussion is not an offer to sell, a solicitation to buy, or a recommendation of any security or investment product.