Logan Finance for Maine investors
Logan Finance offers a DSCR rental loan program through wholesale and broker origination channels. The company does not publish minimum credit score, DSCR, loan size, rate, or state-coverage figures in the sources reviewed; borrowers should confirm current terms and coverage directly.
Maine context
Maine seasonal rental market. Coastal STR potential.
How Logan Finance positions in Maine
For Maine specifically, Logan Finance fits investors who match the hard money approach. The medium cash flow profile of Maine aggregate makes it workable for Logan Finance.
City-level coverage in Maine
Logan Finance provides DSCR coverage across Maine metros including Portland, Bangor, and Maine. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Logan Finance program terms apply uniformly across Maine metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | rental DSCR |
| Loan size | — - — |
| Rates | Not publicly published |
| Points | Not publicly published |
| Max LTV | Not publicly published |
| Term lengths | Not publicly published |
| Typical close time | Not publicly published |
| Maine property tax | 1.2% |
| Maine state income tax | 7.15% |
Logan Finance strengths in Maine
- Operates through both wholesale and broker origination channels
- DSCR rental loan program available
Ideal borrower: Mortgage broker or wholesale-channel borrower originating a DSCR rental loan.
FAQ
Likely; verify direct Maine coverage. Logan Finance is based in an undisclosed location and operates in states not publicly disclosed.
Portland is the top investor market in Maine and is generally within Logan Finance states not publicly disclosed footprint. Portland property tax follows the Maine state rate of 1.2 percent. Logan Finance typically underwrites Portland acquisitions at standard rate sheets.
Yes. Bangor ranks among the larger Maine investor metros and sees consistent DSCR loan volume from Logan Finance. Submarket variation within Bangor matters for property selection.
Logan Finance applies the same rate sheet across Maine metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Portland, Bangor, and Maine all qualify for the same Logan Finance program.
Logan Finance does not publish a rate sheet. Pricing is quoted per deal and depends on credit, leverage, coverage ratio and experience.
Maine seasonal rental market. Coastal STR potential. Logan Finance follows standard business-purpose loan structures.
Logan Finance funds rental DSCR in Maine.
Maine allows standard DSCR prepay structures; Logan Finance typically uses 3-5 year step down.
Logan Finance typical close: Not publicly published.
Bottom line
Logan Finance in Maine works for the right borrower-deal combination. Match the lender to your deal characteristics.
Independent directory listing. DSCR Loan Program is not affiliated with Logan Finance.