Availability varies by state
Each wholesale lender chooses where it lends, and each sets its own rules for property types, minimum loan sizes and eligible markets within a state. A program available in one state may not be offered in its neighbour, and even within a state, rural properties, certain condominiums or short-term rentals in restricted areas can fall outside guidelines.
Broker licensing applies
Arranging a loan is a regulated activity. A mortgage broker may arrange loans only in states where it holds the required license or where an exemption for business-purpose lending applies. Loan Daddy LLC’s current licenses are listed on our licensing page and can be verified on NMLS Consumer Access. Where we are not able to arrange a loan, we will say so.
State-level factors worth knowing
- Property tax levels and reassessment practices, which feed directly into PITIA.
- Hazard, wind, flood and wildfire insurance costs, which can move the ratio more than any other input.
- Local rules on short-term rentals, including permits, caps and association restrictions.
- Foreclosure process and title practices, which some lenders weigh in their state guidelines.
- Entity formation and registration requirements when vesting in an LLC formed in another state.
The index
The list below is a reference index of U.S. jurisdictions. It does not indicate that a loan is available in any given state. Submit a scenario and a Loan Daddy loan specialist will confirm whether a program can be arranged for your property.
- ALAlabama
- AKAlaska
- AZArizona
- ARArkansas
- CACalifornia
- COColorado
- CTConnecticut
- DEDelaware
- DCDistrict of Columbia
- FLFlorida
- GAGeorgia
- HIHawaii
- IDIdaho
- ILIllinois
- INIndiana
- IAIowa
- KSKansas
- KYKentucky
- LALouisiana
- MEMaine
- MDMaryland
- MAMassachusetts
- MIMichigan
- MNMinnesota
- MSMississippi
- MOMissouri
- MTMontana
- NENebraska
- NVNevada
- NHNew Hampshire
- NJNew Jersey
- NMNew Mexico
- NYNew York
- NCNorth Carolina
- NDNorth Dakota
- OHOhio
- OKOklahoma
- OROregon
- PAPennsylvania
- RIRhode Island
- SCSouth Carolina
- SDSouth Dakota
- TNTennessee
- TXTexas
- UTUtah
- VTVermont
- VAVirginia
- WAWashington
- WVWest Virginia
- WIWisconsin
- WYWyoming