Dominion Financial Services for New Jersey investors
Dominion Financial Services is an established lender with comfort on distressed properties and flexibility on borrower credit profiles.
New Jersey context
New Jersey property tax highest in nation. DSCR economics tight.
How Dominion Financial Services positions in New Jersey
For New Jersey specifically, Dominion Financial Services fits investors who match the hard money approach. The low cash flow profile of New Jersey aggregate makes it workable for Dominion Financial Services.
City-level coverage in New Jersey
Dominion Financial Services provides DSCR coverage across New Jersey metros including Newark, Jersey City, and Atlantic City. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Dominion Financial Services program terms apply uniformly across New Jersey metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | fix-and-flip, bridge, rental |
| Loan size | $50K - $5.0M |
| Rates | 9.5%-12.5% |
| Points | 1.5 - 4 |
| Max LTV | 75% of ARV |
| Term lengths | 6-18 months |
| Typical close time | 7-14 days typical |
| New Jersey property tax | 2.5% |
| New Jersey state income tax | 10.75% |
Dominion Financial Services strengths in New Jersey
- experienced underwriting
- distressed property comfort
- flexible on credit
Ideal borrower: Investor on distressed deals or with credit hair
FAQ
Yes, operates nationally including New Jersey. Dominion Financial Services is based in Baltimore, MD and operates nationally.
Newark is the top investor market in New Jersey and falls within Dominion Financial Services national coverage. Newark property tax follows the New Jersey state rate of 2.5 percent. Dominion Financial Services typically underwrites Newark acquisitions at standard rate sheets.
Yes. Jersey City ranks among the larger New Jersey investor metros and sees consistent DSCR loan volume from Dominion Financial Services. Submarket variation within Jersey City matters for property selection.
Dominion Financial Services applies the same rate sheet across New Jersey metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Newark, Jersey City, and Atlantic City all qualify for the same Dominion Financial Services program.
Dominion Financial Services indicative DSCR rate range is 9.5 to 12.5 percent with 1.5 to 4 points.
New Jersey property tax highest in nation. DSCR economics tight. Dominion Financial Services follows standard business-purpose loan structures.
Dominion Financial Services funds fix-and-flip, bridge, rental in New Jersey.
New Jersey allows standard DSCR prepay structures; Dominion Financial Services typically uses 3-5 year step down.
Dominion Financial Services typical close: 7-14 days typical.
Bottom line
New Jersey investors considering Dominion Financial Services should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with Dominion Financial Services.