MoFin Lending for New Jersey investors
MoFin Lending is a direct DSCR lender licensed in 34 states with a 700 minimum credit score — the highest credit floor among the lenders added to this directory in September 2026. Minimum loan size is $150,000. The company does not publish minimum DSCR, maximum loan size, LTV, or rate figures in the sources reviewed.
New Jersey context
New Jersey property tax highest in nation. DSCR economics tight.
How MoFin Lending positions in New Jersey
For New Jersey specifically, MoFin Lending fits investors who match the hard money approach. The low cash flow profile of New Jersey aggregate makes it workable for MoFin Lending.
City-level coverage in New Jersey
MoFin Lending 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. MoFin Lending 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 | $150K - — |
| 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% |
MoFin Lending strengths in New Jersey
- Licensed in 34 states
- Direct lender
- $150,000 minimum loan size
- Highest minimum credit score (700) among the lenders added to this directory in September 2026
Ideal borrower: Investor with a 700+ credit score and a $150,000+ loan size seeking a direct DSCR lender.
FAQ
Yes, operates nationally including New Jersey. MoFin Lending is based in an undisclosed location and operates nationally.
Newark is the top investor market in New Jersey and falls within MoFin Lending national coverage. Newark property tax follows the New Jersey state rate of 2.5 percent. MoFin Lending 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 MoFin Lending. Submarket variation within Jersey City matters for property selection.
MoFin Lending 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 MoFin Lending program.
MoFin Lending 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. MoFin Lending follows standard business-purpose loan structures.
MoFin Lending funds rental DSCR in New Jersey.
New Jersey allows standard DSCR prepay structures; MoFin Lending typically uses 3-5 year step down.
MoFin Lending typical close: Not publicly published.
Bottom line
MoFin Lending 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 MoFin Lending.