Visio Lending for North Dakota investors
Visio Lending is one of the original DSCR specialists, with particular strength in short-term rental underwriting. Minimum DSCR of 1.00 is firm (no below-1.0 program). Uses AirDNA data for STR underwriting.
North Dakota context
North Dakota steady DSCR. Oil/gas economy volatile.
How Visio Lending positions in North Dakota
For North Dakota specifically, Visio Lending fits investors who match the hard money approach. The medium cash flow profile of North Dakota aggregate makes it workable for Visio Lending.
City-level coverage in North Dakota
Visio 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. Visio 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, STR DSCR |
| Loan size | $75K - $2.0M |
| Rates | 6.75%-9.5% |
| Points | 1 - 3 |
| Max LTV | 80% of ARV |
| Term lengths | 30-year amortization |
| Typical close time | 21-30 days typical |
| North Dakota property tax | 1% |
| North Dakota state income tax | 2.9% |
Visio Lending strengths in North Dakota
- DSCR specialist
- STR-friendly underwriting
- tech-forward
Ideal borrower: Long-term rental and STR-focused investor
FAQ
Yes, operates nationally including North Dakota. Visio Lending is based in Austin, TX and operates nationally.
Fargo is the top investor market in North Dakota and falls within Visio Lending national coverage. Fargo property tax follows the North Dakota state rate of 1 percent. Visio 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 Visio Lending. Submarket variation within Bismarck matters for property selection.
Visio 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 Visio Lending program.
Visio Lending indicative DSCR rate range is 6.75 to 9.5 percent with 1 to 3 points.
North Dakota steady DSCR. Oil/gas economy volatile. Visio Lending follows standard business-purpose loan structures.
Visio Lending funds rental DSCR, STR DSCR in North Dakota.
North Dakota allows standard DSCR prepay structures; Visio Lending typically uses 3-5 year step down.
Visio Lending typical close: 21-30 days typical.
Bottom line
North Dakota investors considering Visio Lending should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with Visio Lending.