GLOSSARY · INVESTOR DEFINITIONS
What is DSCR (Debt Service Coverage Ratio)?
Debt Service Coverage Ratio measures whether a property's rental income covers its loan payments.
How origination points work
Origination points are upfront lender charges calculated from the loan amount. Grand Funding does not publish a standard points schedule online; current charges are disclosed in writing after review.
Why total cost matters
Compare the complete financing cost, including the rate, points, third-party fees, term, and exit plan. Logan presents the transaction-specific terms in writing before a borrower decides whether to proceed.
Related terms
Have a deal that involves DSCR?
Logan can walk through the math on your specific scenario. 24-hour term sheet, no commitment.
24hr
Term Sheet
3-5 Day
Funding Speed
Direct
No Brokers · Logan Decides
Logan Sullivan, Founder & Direct Lender
40+ Years in AZ + CA Real Estate
I personally review every deal. If you have a property under contract, call me — we can usually have a term sheet in 24 hours.
Step 1 · Apply
60-second quote request
Send the basics. Logan reviews and responds with terms, typically within 24 hours. No commitment, Credit review is transaction-specific.
Start application →
Step 2 · Talk it through
Call Logan directly
Five-minute conversation. Logan walks through your specific deal — rate, timeline, draw schedule, exit. No queue.
(602) 935-0371 →
Step 3 · Browse
Find your loan product
Fix-and-flip, bridge, construction, cash-out, second-position. Take the 60-second quiz to find the right fit.
Loan finder →