OfferMarket for North Dakota investors
OfferMarket is a direct DSCR lender with a 660 minimum credit score (680 preferred) and a 0.75 minimum DSCR. The maximum 80% LTV tier requires a 720+ credit score. The company does not publish minimum/maximum loan size, rate, or state-coverage figures in the sources reviewed.
North Dakota context
North Dakota steady DSCR. Oil/gas economy volatile.
How OfferMarket positions in North Dakota
North Dakota is well covered by national DSCR lenders, with OfferMarket as one option. Where OfferMarket differentiates: 0.75 minimum DSCR. Where it competes: rates not publicly published against peer programs.
City-level coverage in North Dakota
OfferMarket 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. OfferMarket 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 | 80% of ARV |
| Term lengths | Not publicly published |
| Typical close time | Not publicly published |
| North Dakota property tax | 1% |
| North Dakota state income tax | 2.9% |
OfferMarket strengths in North Dakota
- 0.75 minimum DSCR
- Direct lender
- Maximum 80% LTV available at 720+ credit score
Ideal borrower: Investor with a 660+ credit score (720+ preferred for maximum 80% LTV) and at least 0.75 DSCR.
FAQ
Likely; verify direct North Dakota coverage. OfferMarket 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 OfferMarket states not publicly disclosed footprint. Fargo property tax follows the North Dakota state rate of 1 percent. OfferMarket 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 OfferMarket. Submarket variation within Bismarck matters for property selection.
OfferMarket 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 OfferMarket program.
OfferMarket 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. OfferMarket follows standard business-purpose loan structures.
OfferMarket funds rental DSCR in North Dakota.
North Dakota allows standard DSCR prepay structures; OfferMarket typically uses 3-5 year step down.
OfferMarket typical close: Not publicly published.
Bottom line
North Dakota investors considering OfferMarket should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with OfferMarket.