Cogo Capital for North Dakota investors
Cogo Capital operates a private capital pool with more flexible underwriting than institutional hard money. Higher rates reflect the flexibility.
North Dakota context
North Dakota steady DSCR. Oil/gas economy volatile.
How Cogo Capital positions in North Dakota
Within North Dakota, Cogo Capital competes alongside other DSCR lenders. Cogo Capital strengths: private capital pool, flexible underwriting. The medium aggregate DSCR economics of North Dakota create demand for Cogo Capital programs in Fargo and Bismarck particularly.
City-level coverage in North Dakota
Cogo Capital provides DSCR coverage across North Dakota metros including Fargo, Bismarck, and North Dakota. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Cogo Capital program terms apply uniformly across North Dakota 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 |
| North Dakota property tax | 1% |
| North Dakota state income tax | 2.9% |
Cogo Capital strengths in North Dakota
- private capital pool
- flexible underwriting
Ideal borrower: Investor needing flexible private money for specific deal types
FAQ
Yes, operates nationally including North Dakota. Cogo Capital is based in Coeur d'Alene, ID and operates nationally.
Fargo is the top investor market in North Dakota and falls within Cogo Capital national coverage. Fargo property tax follows the North Dakota state rate of 1 percent. Cogo Capital typically underwrites Fargo acquisitions at standard rate sheets.
Yes. Bismarck ranks among the larger North Dakota investor metros and sees consistent DSCR loan volume from Cogo Capital. Submarket variation within Bismarck matters for property selection.
Cogo Capital applies the same rate sheet across North Dakota metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Fargo, Bismarck, and North Dakota all qualify for the same Cogo Capital program.
Cogo Capital indicative DSCR rate range is 11 to 14 percent with 2 to 5 points.
North Dakota steady DSCR. Oil/gas economy volatile. Cogo Capital follows standard business-purpose loan structures.
Cogo Capital funds fix-and-flip, bridge, rental in North Dakota.
North Dakota allows standard DSCR prepay structures; Cogo Capital typically uses 3-5 year step down.
Cogo Capital typical close: 7-14 days typical.
Bottom line
North Dakota investors considering Cogo Capital should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with Cogo Capital.