MoFin Lending for North Dakota 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.
North Dakota context
North Dakota steady DSCR. Oil/gas economy volatile.
How MoFin Lending positions in North Dakota
Within North Dakota, MoFin Lending competes alongside other DSCR lenders. MoFin Lending strengths: Licensed in 34 states, Direct lender. The medium aggregate DSCR economics of North Dakota create demand for MoFin Lending programs in Fargo and Bismarck particularly.
City-level coverage in North Dakota
MoFin Lending 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. MoFin Lending 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 | $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 |
| North Dakota property tax | 1% |
| North Dakota state income tax | 2.9% |
MoFin Lending strengths in North Dakota
- 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 North Dakota. MoFin Lending is based in an undisclosed location and operates nationally.
Fargo is the top investor market in North Dakota and falls within MoFin Lending national coverage. Fargo property tax follows the North Dakota state rate of 1 percent. MoFin Lending 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 MoFin Lending. Submarket variation within Bismarck matters for property selection.
MoFin Lending 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 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.
North Dakota steady DSCR. Oil/gas economy volatile. MoFin Lending follows standard business-purpose loan structures.
MoFin Lending funds rental DSCR in North Dakota.
North Dakota allows standard DSCR prepay structures; MoFin Lending typically uses 3-5 year step down.
MoFin Lending typical close: Not publicly published.
Bottom line
For North Dakota DSCR borrowers, MoFin Lending is one option among many. Compare against 2-3 lender programs before committing.
Independent directory listing. DSCR Loan Program is not affiliated with MoFin Lending.