Logan Finance for West Virginia 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.
West Virginia context
West Virginia deep cash flow market. Low entry prices.
How Logan Finance positions in West Virginia
Within West Virginia, Logan Finance competes alongside other DSCR lenders. Logan Finance strengths: Operates through both wholesale and broker origination channels, DSCR rental loan program available. The high aggregate DSCR economics of West Virginia create demand for Logan Finance programs in Charleston and Morgantown particularly.
City-level coverage in West Virginia
Logan Finance provides DSCR coverage across West Virginia metros including Charleston, Morgantown, and Huntington. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Logan Finance program terms apply uniformly across West Virginia 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 |
| West Virginia property tax | 0.6% |
| West Virginia state income tax | 5.12% |
Logan Finance strengths in West Virginia
- 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 West Virginia coverage. Logan Finance is based in an undisclosed location and operates in states not publicly disclosed.
Charleston is the top investor market in West Virginia and is generally within Logan Finance states not publicly disclosed footprint. Charleston property tax follows the West Virginia state rate of 0.6 percent. Logan Finance typically underwrites Charleston acquisitions at standard rate sheets.
Yes. Morgantown ranks among the larger West Virginia investor metros and sees consistent DSCR loan volume from Logan Finance. Submarket variation within Morgantown matters for property selection.
Logan Finance applies the same rate sheet across West Virginia metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Charleston, Morgantown, and Huntington 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.
West Virginia deep cash flow market. Low entry prices. Logan Finance follows standard business-purpose loan structures.
Logan Finance funds rental DSCR in West Virginia.
West Virginia allows standard DSCR prepay structures; Logan Finance typically uses 3-5 year step down.
Logan Finance typical close: Not publicly published.
Bottom line
West Virginia 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.