DSCR Loans in Anoka County, Minnesota
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
LinkedIn35 closed transactionsNLPI LLC, NJ entity ID 0451062247 (verify on the NJ business search)
In 2025 HMDA data, 104 lenders made 306 investment-property loans in Anoka County, 5.1% of Minnesota's total. Dominick Prevete arranges DSCR loans across Anoka County, Minnesota, qualified on the property's rent, not your tax returns. DSCR rental loans start from 7.25% (November 2026), and most close in 14 days. At HUD's fair market rent, a three-bedroom rental there covers its full payment up to a price of about $335,000.
Anoka County investor market at a glance
| Statistic | Anoka County | Minnesota | County rank |
|---|---|---|---|
| Investor loans | 306 | 5,990 | 4th of 13 |
| Reporting lenders | 104 | 406 | 4th of 13 |
| Loan volume | $80.4M | $1.51B | 5th of 13 |
| Average loan | $263K | $251K | 6th of 13 |
| Median loan | $245K | $215K | 3rd of 13 |
| Purchases | 77.1% | 69.5% | 2nd of 13 |
| Cash-out refinances | 7.2% | 9.0% | 9th of 13 |
| 2–4 unit properties | 6.2% | 17.8% | 13th of 13 |
| Top five lenders' share | 27.5% | 14.8% | 7th of 13 |
| Reported business-purpose | 58.5% | 50.7% | 3rd of 13 |
Anoka County: closed-end loans on 1–4 unit investment properties. Anoka County's rank is highest first, among Minnesota's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Anoka County's investor loans.
What stands out in Anoka County
6.2% of Anoka County's investor loans financed a 2–4 unit property, the lowest share of Minnesota's 13 counties with published data (statewide: 17.8%).
Single-family rentals dominate here. A DSCR loan qualifies a single-family rental on its market rent, not your income.
77.1% of Anoka County's investor loans were purchases, the 2nd-highest share of Minnesota's 13 counties with published data (statewide: 69.5%).
Most investor loans here are purchases. A DSCR purchase qualifies on the property's rent, so you can get written terms before you make an offer with the Instant Term Sheet.
The median investor loan in Anoka County was $245K, the 3rd-highest median of Minnesota's 13 counties with published data (statewide: $215K).
Loans here run large. Dominick arranges DSCR loans from $75,000 up through jumbo balances.
Does a DSCR loan pencil in Anoka County?
At HUD's fair market rent of $2,264 for a 3-bedroom in Anoka County, Minnesota, a rental covers its full DSCR payment up to a purchase price of about $335,000, with 20% down at the 7.25% starting rate (November 2026). Anoka County's median home value is $346,500; at that price the payment is $2,308 a month, so the property would need $2,325 in rent to cover it.
Coverage under 1.00 doesn't end the deal: the DSCR programs Dominick arranges go down to no-ratio, priced for the lower coverage, and a lower price or a larger down payment raises the ratio.
| HUD fair market rent, 2 / 3 / 4 bedroom (FY2027) | $1,734 / $2,264 / $2,538 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $346,500 |
| Median property taxes and effective rate | $3,271 (0.94% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $2,308 |
| Rent needed to cover that payment | $2,325 |
| Coverage of a 3-bedroom at fair market rent | 0.98 |
| Highest price a 3-bedroom at fair market rent covers | about $335,000 |
Fair market rent is HUD's 40th-percentile gross rent, including utilities; a property's appraised market rent can be higher or lower. Payment uses 20% down, a 30-year amortization at the published DSCR starting rate, the county's median effective property-tax rate and insurance at 0.50% of value. Purchase leverage goes up to 85% on qualifying files. This is an illustration, not a term sheet or an offer of credit.
Price your actual deal →Run Anoka County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Anoka County?
The most active investment-property lenders in Anoka County in 2025 HMDA data were Kiavi Funding, Inc.; United Wholesale Mortgage; and Coulee Bank, out of 104 lenders that reported. HMDA doesn't flag which loans were DSCR loans, so this list mixes DSCR and conventional investment-property lenders. Dominick Prevete places DSCR loans across 100+ lenders, including one that reported in Anoka County, and matches each file to the one most likely to fund it.
Anoka County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 306 loans and $80.4M from 104 lenders. Kiavi Funding, Inc. led Anoka County with 24 loans, 7.8% of the county's total, and the average Anoka County loan of $263K compares with $251K across Minnesota.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Kiavi Funding, Inc. | 24 | $5.9M | $245K | 79.2% |
| United Wholesale Mortgage | 21 | $4.8M | $228K | 66.7% |
| Coulee Bank | 14 | $3.3M | $235K | 100.0% |
| Luminate Bank | 13 | $4.5M | $349K | 61.5% |
| CROSSCOUNTRY MORTGAGE, INC. | 12 | $3.2M | $263K | 91.7% |
| DEEPHAVEN MORTGAGE LLC | 11 | $4.3M | $392K | 18.2% |
| RF RENOVO MANAGEMENT COMPANY, LLC | 8 | $2.3M | $281K | 100.0% |
| PENNYMAC LOAN SERVICES, LLC | 8 | $2.0M | $256K | 87.5% |
| Bridgewater Bank | 6 | $1.6M | $272K | 100.0% |
| Royal Credit Union | 6 | $1.5M | $247K | 50.0% |
| SOUTHPOINT FINANCIAL | 6 | $1.3M | $220K | 100.0% |
| KIND LENDING, LLC | 6 | $1.3M | $218K | 83.3% |
| DHI MORTGAGE COMPANY, LTD. | 5 | $1.4M | $275K | 100.0% |
| Rocket Mortgage, LLC | 5 | $1.3M | $269K | 60.0% |
| NEWREZ LLC | 5 | $1.2M | $231K | 80.0% |
| THE LOAN STORE, INC. | 5 | $1.0M | $205K | 60.0% |
| TRUSTONE FINANCIAL CREDIT UNION | 5 | $1.0M | $191K | 60.0% |
| Broker Solutions, Inc. | 4 | $1.3M | $323K | 100.0% |
| Community Resource Bank | 4 | $1.3M | $313K | 75.0% |
| Northeast Bank | 4 | $1.2M | $310K | 100.0% |
| Blaze Credit Union | 4 | $0.8M | $213K | 0.0% |
| Wells Fargo Bank, National Association | 4 | $0.7M | $183K | 50.0% |
| Sunrise Banks, National Association | 4 | $0.5M | $120K | 75.0% |
| DOMINION FINANCIAL SERVICES, LLC | 3 | $1.0M | $348K | 66.7% |
| The First National Bank of Moose Lake | 3 | $1.0M | $348K | 100.0% |
40 Minnesota loans (0.7%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Anoka County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved November 11, 2026. How this data is built · Anoka County CSV, all 25 lenders
What Anoka County's table can't show you: fit. Short-term financing is exempt from HMDA, so Anoka County's fix-and-flip and bridge lenders barely appear among its 104 filers, and none of the 25 names above tells you whose guidelines match your deal, your entity, or your timeline. That's the job. Dominick Prevete structures your file and places it across 100+ lenders — including some on this list — so it lands with the one most likely to fund it.
Price your loan →Dominick Prevete places loans with some of the lenders listed here through wholesale relationships, and is paid when a loan he arranges closes. Appearing in this table is not an endorsement or a recommendation.
Counties near Anoka County with published lender data
| County | Investor loans, 2025 | Lenders | Where it is from Anoka County |
|---|---|---|---|
| Hennepin County, MN | 1,532 | 218 | Borders Anoka County |
| Ramsey County, MN | 583 | 139 | Borders Anoka County |
| Washington County, MN | 271 | 86 | Borders Anoka County |
| Wright County, MN | 103 | 57 | About 35 miles away |
| Stearns County, MN | 156 | 57 | About 70 miles away |
| Crow Wing County, MN | 105 | 52 | About 95 miles away |
| St. Louis County, MN | 283 | 78 | About 165 miles away |
Run the coverage test on your Anoka County, Minnesota deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter an Anoka County, Minnesota property's rent, loan, taxes and insurance to see where it lands.
Principal and interest on a thirty-year amortization, plus taxes, insurance and HOA.
Enter the rent, loan amount, rate, taxes and insurance to see the coverage ratio.
Sources
- CFPB / FFIEC HMDA Data Browser — Anoka County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 104 lenders and 306 loans: 2025 HMDA loan-level data rolled up to Anoka County.
- Anoka County investor-lender dataset (CSV) — All 25 lenders in the Anoka County, Minnesota table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Anoka County's 2-, 3- and 4-bedroom fair market rents in the rent math, and the 3-bedroom rent its highest-price figure uses: HUD's FY2027 figures for the Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Anoka County's median home value (B25077) and median property taxes paid (B25103) in the rent math, from the Census 2020–2024 ACS 5-year summary files.
- DSCR loan rates, Dominick Prevete — DSCR rental loans start from 7.25%, as of November 2026: the Instant Term Sheet's best-case scenario on the current rate sheets.