Logan Finance for Minnesota 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.
Minnesota context
Minnesota stable Midwest market. Twin Cities dominant. Minneapolis rent stabilization (2023) affects city proper.
How Logan Finance positions in Minnesota
For Minnesota specifically, Logan Finance fits investors who match the hard money approach. The medium cash flow profile of Minnesota aggregate makes it workable for Logan Finance.
City-level coverage in Minnesota
Logan Finance provides DSCR coverage across Minnesota metros including Minneapolis, St. Paul, and Rochester. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Logan Finance program terms apply uniformly across Minnesota 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 |
| Minnesota property tax | 1.1% |
| Minnesota state income tax | 9.85% |
Logan Finance strengths in Minnesota
- 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 Minnesota coverage. Logan Finance is based in an undisclosed location and operates in states not publicly disclosed.
Minneapolis is the top investor market in Minnesota and is generally within Logan Finance states not publicly disclosed footprint. Minneapolis property tax follows the Minnesota state rate of 1.1 percent. Logan Finance typically underwrites Minneapolis acquisitions at standard rate sheets.
Yes. St. Paul ranks among the larger Minnesota investor metros and sees consistent DSCR loan volume from Logan Finance. Submarket variation within St. Paul matters for property selection.
Logan Finance applies the same rate sheet across Minnesota metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Minneapolis, St. Paul, and Rochester 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.
Minnesota stable Midwest market. Twin Cities dominant. Minneapolis rent stabilization (2023) affects city proper. Logan Finance follows standard business-purpose loan structures.
Logan Finance funds rental DSCR in Minnesota.
Minnesota allows standard DSCR prepay structures; Logan Finance typically uses 3-5 year step down.
Logan Finance typical close: Not publicly published.
Bottom line
Minnesota investors considering Logan Finance should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with Logan Finance.