North Dakota Wholesale Lending Footprint
Statutory licensing directives, eligible loan products, and originator compliance rules for closing wholesale transactions in North Dakota.
Compliance Directives & Licensing Requirements
Official Statutory Directives & Exception Notes
Wholesale Financing Available in North Dakota
- DSCR (1-4 & 5-8 Units): Qualify on subject property rental cash flow up to 85% LTV.
- Bank Statement (12 & 24 Mo): Self-employed business & personal bank statement qualification up to $3.5M.
- Profit & Loss / 1099 Only: CPA certified P&L or 1099 wage forms with zero personal tax returns.
North Dakota Regulatory Directives & Dossier
North Dakota (ND) Regulatory Compliance Directives
Official state compliance dossier for Corva Lending LLC wholesale originations in North Dakota.
Wholesale Lending Directives
- Compliance Tier: Not Available
- Broker License Required: N/A
- MLO Originator License Required: N/A
- Consumer QM Approved: Business Purpose Only
Official Matrix Notes
Not Available for Lending.
Entity & Closing Requirements
All business-purpose transactions in North Dakota are executed under federal Regulation Z commercial exemptions. Transactions may be closed in a properly organized entity (LLC or Corporation) through an approved title company or closing attorney.
Submit North Dakota Scenario
Direct underwriter review for North Dakota wholesale originations. Submit transaction parameters below for immediate structuring, licensing exceptions, and written terms.