Cogo Capital for Iowa investors
Cogo Capital operates a private capital pool with more flexible underwriting than institutional hard money. Higher rates reflect the flexibility.
Iowa context
Iowa stable Midwest DSCR market.
How Cogo Capital positions in Iowa
The Iowa lender pool for DSCR includes Cogo Capital among the active platforms. Iowa top metros (Des Moines, Cedar Rapids, Davenport) see meaningful Cogo Capital loan volume.
City-level coverage in Iowa
Cogo Capital provides DSCR coverage across Iowa metros including Des Moines, Cedar Rapids, and Davenport. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Cogo Capital program terms apply uniformly across Iowa metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | Private money |
|---|---|
| Products | fix-and-flip, bridge, rental |
| Loan size | $50K - $2.0M |
| Rates | 11%-14% |
| Points | 2 - 5 |
| Max LTV | 70% of ARV |
| Term lengths | 6-12 months |
| Typical close time | 7-14 days typical |
| Iowa property tax | 1.5% |
| Iowa state income tax | 3.8% |
Cogo Capital strengths in Iowa
- private capital pool
- flexible underwriting
Ideal borrower: Investor needing flexible private money for specific deal types
FAQ
Yes, operates nationally including Iowa. Cogo Capital is based in Coeur d'Alene, ID and operates nationally.
Des Moines is the top investor market in Iowa and falls within Cogo Capital national coverage. Des Moines property tax follows the Iowa state rate of 1.5 percent. Cogo Capital typically underwrites Des Moines acquisitions at standard rate sheets.
Yes. Cedar Rapids ranks among the larger Iowa investor metros and sees consistent DSCR loan volume from Cogo Capital. Submarket variation within Cedar Rapids matters for property selection.
Cogo Capital applies the same rate sheet across Iowa metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Des Moines, Cedar Rapids, and Davenport all qualify for the same Cogo Capital program.
Cogo Capital indicative DSCR rate range is 11 to 14 percent with 2 to 5 points.
Iowa stable Midwest DSCR market. Cogo Capital follows standard business-purpose loan structures.
Cogo Capital funds fix-and-flip, bridge, rental in Iowa.
Iowa allows standard DSCR prepay structures; Cogo Capital typically uses 3-5 year step down.
Cogo Capital typical close: 7-14 days typical.
Bottom line
Cogo Capital in Iowa works for the right borrower-deal combination. Match the lender to your deal characteristics.
Independent directory listing. DSCR Loan Program is not affiliated with Cogo Capital.