WHY JOIN LOGAN
Logan’s focus on the Customer Experience starts by hiring the best in the business. This has been the foundation of the Logan Philosophy. Our tremendous year-over-year growth, including doubling YoY originations in 2023, has helped to quickly establish Logan as the premier Non-QM lender in the industry. Below are other things that set Logan apart from our competition.
OUR GROWTH
There’s a reason why the industry is taking notice of Logan. Our growth has been extraordinary in the handful of years since we started. And it’s no fluke. By hiring the best in the business, offering top-notch products coupled with impeccable service, Logan delivers – for you and their clients.
Logan Products
DSCR
DSCR
- $2 million Loan Amounts
- Cash in hand Unlimited
- Low Ratio/1:1 Ratio/1:2 Elite
- First Time Buyer/Investor OK
- Up to 80% LTV
- 100% Gift Funds Allowed
- ARMs & Fixed
- Foreign National OK
FULL DOC
FULL DOC
- $3 million Max Loan
- Min 660 Credit Score
- Cash in hand Unlimited
- 1-Year Income Documentation
- Supplemental Income from Assets OK
- No LTV Restrictions for IO or Condos
- Non-Warrantable Condos Ok
- 4-Year Seasoning from Credit Event
BANK STATEMENT
BANK STATEMENT
- $3 million Max Loan
- Min 660 Credit Score
- Cash in hand Unlimited
- 12 or 24 Months Business and/or Personal
- 1099 plus YTD earnings Ok
- Primary, 2nd Home & Investor Properties
- No LTV Restrictions for Condos
- Non Warrantable Condos OK
- Gift of Equity Ok on Primary Homes
- Sources other than Self-Employment OK
ASSET QUALIFICATION
ASSET QUALIFICATION
- $3 million Max
- Assets divided by 60 months
- Min 660 Credit Score
- Cash in hand Unlimited
- First Time Home Buyer OK
- Up to 85% LTV Rate/Term
- Gift Funds Allowed, No Borrower Minimum
- Interest-Only Options Available
- Max 6 loans or $5M – which ever comes first
FOREIGN NATIONAL
FOREIGN NATIONAL
- $3 million Max
- Credit Score Not Required
- Non warrantable condos allowed
- Cash in hand Unlimited
- First Time Home Buyer OK
- No minimum tradeline required
- Investor – Full Doc or DSCR
- Up to 75% LTV
- Gift Funds Allowed
- Interest-Only Options Available
5-8 UNIT
5-8 UNIT
- $2.5 million Max
- 75% Purchase
- No Limit Cash-In-Hand
- FICO down to 660
- 5-8 unit residential properties
- Interest-Only Options
- Fixed – 30yr Fixed & 30yr Fixed w/10Yr IO
- Max 6 loans or $5M – which ever comes first
1099
1099
- $3 million Max
- Min 660 Credit Score
- Cash in hand Unlimited
- 12 or 24 Months Business and/or Personal
- 1099 plus YTD earnings Ok
- Primary, 2nd Home & Investor Properties
- Up to 85% LTV – Exceptions possible
- Gift of Equity Ok on Primary Homes
- Interest Only Options Available
P&L
P&L
- $2.5 million Max
- Min 660 Credit Score
- Cash in hand Unlimited
- 12 or 24 Months Business, Personal or Both Ok
- Primary, 2nd Home & Investor Properties
- No LTV Restrictions for Condos
- Non Warrantable Condos OK
- Up to 80% LTV – Exceptions possible
- Gift of Equity Ok on Primary Homes
- Interest Only Options Available
NATIONAL FOOTPRINT
Logan is licensed across the nation.
LEADERSHIP
Logan has assembled the best of the best in Non-QM – all starting with the leadership team.
Over 25 years experience in all facets of mortgage. Previous: Sprout, Planet Home Lending, JP Morgan Chase
Over 20 years experience in strategic leadership. Previous: Homeward Residential, Citi Residential
Over 25 years experience in legal, compliance, and risk. Previous: Wells Fargo, JP Morgan Chase
Over 22 years experience sales leadership. Previous: First Guarantee, Stearns, Nationstar
Over 25 years experience in operations and risk. Previous: FGMC, Stearns, Nationstar
Over 20 years experience in HR leadership. Previous: Planet Home Lending, Abri, Wingspan
