Park Place Finance for North Dakota investors
Park Place Finance is a direct DSCR lender licensed in most states with a 640 minimum credit score. The company does not publish minimum DSCR, loan size, LTV, or rate figures in the sources reviewed.
North Dakota context
North Dakota steady DSCR. Oil/gas economy volatile.
How Park Place Finance positions in North Dakota
The North Dakota lender pool for DSCR includes Park Place Finance among the active platforms. North Dakota top metros (Fargo, Bismarck, North Dakota) see meaningful Park Place Finance loan volume.
City-level coverage in North Dakota
Park Place Finance 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. Park Place Finance 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 | 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% |
Park Place Finance strengths in North Dakota
- Direct DSCR lender
- 640 minimum credit score
- Licensed in most states
Ideal borrower: Investor with a 640+ credit score seeking a direct DSCR lender with broad state coverage.
FAQ
Likely; verify direct North Dakota coverage. Park Place Finance is based in an undisclosed location and operates in most states.
Fargo is the top investor market in North Dakota and is generally within Park Place Finance most states footprint. Fargo property tax follows the North Dakota state rate of 1 percent. Park Place Finance 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 Park Place Finance. Submarket variation within Bismarck matters for property selection.
Park Place Finance 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 Park Place Finance program.
Park Place Finance 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. Park Place Finance follows standard business-purpose loan structures.
Park Place Finance funds rental DSCR in North Dakota.
North Dakota allows standard DSCR prepay structures; Park Place Finance typically uses 3-5 year step down.
Park Place Finance typical close: Not publicly published.
Bottom line
North Dakota investors considering Park Place Finance should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with Park Place Finance.