Logan Finance for New Jersey 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.
New Jersey context
New Jersey property tax highest in nation. DSCR economics tight.
How Logan Finance positions in New Jersey
Within New Jersey, Logan Finance competes alongside other DSCR lenders. Logan Finance strengths: Operates through both wholesale and broker origination channels, DSCR rental loan program available. The low aggregate DSCR economics of New Jersey create demand for Logan Finance programs in Newark and Jersey City particularly.
City-level coverage in New Jersey
Logan Finance 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. Logan Finance 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 | 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 |
| New Jersey property tax | 2.5% |
| New Jersey state income tax | 10.75% |
Logan Finance strengths in New Jersey
- 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 New Jersey coverage. Logan Finance is based in an undisclosed location and operates in states not publicly disclosed.
Newark is the top investor market in New Jersey and is generally within Logan Finance states not publicly disclosed footprint. Newark property tax follows the New Jersey state rate of 2.5 percent. Logan Finance 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 Logan Finance. Submarket variation within Jersey City matters for property selection.
Logan Finance 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 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.
New Jersey property tax highest in nation. DSCR economics tight. Logan Finance follows standard business-purpose loan structures.
Logan Finance funds rental DSCR in New Jersey.
New Jersey 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 New Jersey 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.