Logan Finance for North Dakota 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.
North Dakota context
North Dakota steady DSCR. Oil/gas economy volatile.
How Logan Finance positions in North Dakota
For North Dakota specifically, Logan Finance fits investors who match the hard money approach. The medium cash flow profile of North Dakota aggregate makes it workable for Logan Finance.
City-level coverage in North Dakota
Logan Finance provides DSCR coverage across North Dakota metros including Fargo, Bismarck, and North Dakota. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Logan Finance program terms apply uniformly across North Dakota 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 |
| North Dakota property tax | 1% |
| North Dakota state income tax | 2.9% |
Logan Finance strengths in North Dakota
- 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 North Dakota coverage. Logan Finance is based in an undisclosed location and operates in states not publicly disclosed.
Fargo is the top investor market in North Dakota and is generally within Logan Finance states not publicly disclosed footprint. Fargo property tax follows the North Dakota state rate of 1 percent. Logan Finance typically underwrites Fargo acquisitions at standard rate sheets.
Yes. Bismarck ranks among the larger North Dakota investor metros and sees consistent DSCR loan volume from Logan Finance. Submarket variation within Bismarck matters for property selection.
Logan Finance applies the same rate sheet across North Dakota metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Fargo, Bismarck, and North Dakota 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.
North Dakota steady DSCR. Oil/gas economy volatile. Logan Finance follows standard business-purpose loan structures.
Logan Finance funds rental DSCR in North Dakota.
North Dakota allows standard DSCR prepay structures; Logan Finance typically uses 3-5 year step down.
Logan Finance typical close: Not publicly published.
Bottom line
North Dakota 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.