Logan Finance for New Mexico 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 Mexico context
New Mexico steady DSCR. Santa Fe historic STR market.
How Logan Finance positions in New Mexico
For New Mexico specifically, Logan Finance fits investors who match the hard money approach. The medium cash flow profile of New Mexico aggregate makes it workable for Logan Finance.
City-level coverage in New Mexico
Logan Finance provides DSCR coverage across New Mexico metros including Albuquerque, Santa Fe, and Las Cruces. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Logan Finance program terms apply uniformly across New Mexico 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 Mexico property tax | 0.8% |
| New Mexico state income tax | 5.9% |
Logan Finance strengths in New Mexico
- 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 Mexico coverage. Logan Finance is based in an undisclosed location and operates in states not publicly disclosed.
Albuquerque is the top investor market in New Mexico and is generally within Logan Finance states not publicly disclosed footprint. Albuquerque property tax follows the New Mexico state rate of 0.8 percent. Logan Finance typically underwrites Albuquerque acquisitions at standard rate sheets.
Yes. Santa Fe ranks among the larger New Mexico investor metros and sees consistent DSCR loan volume from Logan Finance. Submarket variation within Santa Fe matters for property selection.
Logan Finance applies the same rate sheet across New Mexico metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Albuquerque, Santa Fe, and Las Cruces 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 Mexico steady DSCR. Santa Fe historic STR market. Logan Finance follows standard business-purpose loan structures.
Logan Finance funds rental DSCR in New Mexico.
New Mexico allows standard DSCR prepay structures; Logan Finance typically uses 3-5 year step down.
Logan Finance typical close: Not publicly published.
Bottom line
For New Mexico DSCR borrowers, Logan Finance is one option among many. Compare against 2-3 lender programs before committing.
Independent directory listing. DSCR Loan Program is not affiliated with Logan Finance.