Logan Finance for Rhode Island 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.
Rhode Island context
Rhode Island triple-decker market. Strict landlord-tenant.
How Logan Finance positions in Rhode Island
For Rhode Island specifically, Logan Finance fits investors who match the hard money approach. The low cash flow profile of Rhode Island aggregate makes it workable for Logan Finance.
City-level coverage in Rhode Island
Logan Finance provides DSCR coverage across Rhode Island metros including Providence, Warwick, and Rhode Island. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Logan Finance program terms apply uniformly across Rhode Island 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 |
| Rhode Island property tax | 1.5% |
| Rhode Island state income tax | 5.99% |
Logan Finance strengths in Rhode Island
- 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 Rhode Island coverage. Logan Finance is based in an undisclosed location and operates in states not publicly disclosed.
Providence is the top investor market in Rhode Island and is generally within Logan Finance states not publicly disclosed footprint. Providence property tax follows the Rhode Island state rate of 1.5 percent. Logan Finance typically underwrites Providence acquisitions at standard rate sheets.
Yes. Warwick ranks among the larger Rhode Island investor metros and sees consistent DSCR loan volume from Logan Finance. Submarket variation within Warwick matters for property selection.
Logan Finance applies the same rate sheet across Rhode Island metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Providence, Warwick, and Rhode Island 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.
Rhode Island triple-decker market. Strict landlord-tenant. Logan Finance follows standard business-purpose loan structures.
Logan Finance funds rental DSCR in Rhode Island.
Rhode Island allows standard DSCR prepay structures; Logan Finance typically uses 3-5 year step down.
Logan Finance typical close: Not publicly published.
Bottom line
Rhode Island 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.