DSCR Loans in Blue Earth County, Minnesota
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 37 lenders made 107 investment-property loans in Blue Earth County, 1.8% of Minnesota's total. Dominick Prevete arranges DSCR loans across Blue Earth 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 $250,000.
Blue Earth County investor market at a glance
| Statistic | Blue Earth County | Minnesota | County rank |
|---|---|---|---|
| Investor loans | 107 | 5,990 | 11th of 13 |
| Reporting lenders | 37 | 406 | 13th of 13 |
| Loan volume | $19.2M | $1.51B | 13th of 13 |
| Average loan | $180K | $251K | 13th of 13 |
| Median loan | $165K | $215K | 11th of 13 |
| Purchases | 48.6% | 69.5% | 13th of 13 |
| Cash-out refinances | 6.5% | 9.0% | 10th of 13 |
| 2–4 unit properties | 30.8% | 17.8% | 1st of 13 |
| Top five lenders' share | 55.1% | 14.8% | 1st of 13 |
| Reported business-purpose | 29.0% | 50.7% | 13th of 13 |
Blue Earth County: closed-end loans on 1–4 unit investment properties. Blue Earth County's rank is highest first, among Minnesota's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Blue Earth County's investor loans.
What stands out in Blue Earth County
48.6% of Blue Earth County's investor loans were purchases, the lowest share of Minnesota's 13 counties with published data (statewide: 69.5%).
Most investor loans here refinance property investors already own. A DSCR refinance qualifies on the property's current rent.
The average investor loan in Blue Earth County was $180K, the lowest average of Minnesota's 13 counties with published data (statewide: $251K).
Loans here run small. DSCR loans Dominick arranges start at $75,000.
29.0% of Blue Earth County's investor loans were reported as business-purpose, the lowest share of Minnesota's 13 counties with published data (statewide: 50.7%).
Fewer investor loans here were reported as business-purpose than in most of Minnesota. Dominick arranges business-purpose financing only, on investment property, never a primary residence.
Does a DSCR loan pencil in Blue Earth County?
At HUD's fair market rent of $1,703 for a 3-bedroom in Blue Earth County, Minnesota, a rental covers its full DSCR payment up to a purchase price of about $250,000, with 20% down at the 7.25% starting rate (November 2026). Blue Earth County's median home value is $266,700; at that price the payment is $1,783 a month, so the property would need $1,800 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) | $1,230 / $1,703 / $1,744 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $266,700 |
| Median property taxes and effective rate | $2,601 (0.98% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,783 |
| Rent needed to cover that payment | $1,800 |
| Coverage of a 3-bedroom at fair market rent | 0.95 |
| Highest price a 3-bedroom at fair market rent covers | about $250,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $365,000 |
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 Blue Earth County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Blue Earth County?
The most active investment-property lenders in Blue Earth County in 2025 HMDA data were Community Bank Mankato, Minnstar Bank National Association and First National Bank Minnesota, out of 37 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 and matches each file to the one most likely to fund it.
Blue Earth County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 107 loans and $19.2M from 37 lenders. Community Bank Mankato led Blue Earth County with 22 loans, 20.6% of the county's total, and the average Blue Earth County loan of $180K compares with $251K across Minnesota.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Community Bank Mankato | 22 | $3.5M | $158K | 36.4% |
| Minnstar Bank National Association | 20 | $3.5M | $178K | 50.0% |
| First National Bank Minnesota | 7 | $1.7M | $238K | 85.7% |
| Old National Bank | 6 | $1.1M | $183K | 0.0% |
| BankVista | 4 | $1.1M | $263K | 0.0% |
| Pioneer Bank | 4 | $0.7M | $175K | 25.0% |
| Frandsen Bank & Trust | 4 | $0.7M | $173K | 75.0% |
| United Wholesale Mortgage | 4 | $0.7M | $168K | 50.0% |
| CROSSCOUNTRY MORTGAGE, INC. | 3 | $0.6M | $198K | 100.0% |
| Rocket Mortgage, LLC | 3 | $0.6M | $185K | 33.3% |
| Alliance Bank | 3 | $0.3M | $115K | 0.0% |
| Minnesota Valley Federal Credit Union | 2 | $0.5M | $260K | 50.0% |
| Stifel Bank and Trust | 1 | $0.3M | $295K | 100.0% |
| General Mortgage Capital Corporation | 1 | $0.3M | $275K | 100.0% |
| AMERITRUST MORTGAGE CORPORATION | 1 | $0.3M | $255K | 0.0% |
| Broker Solutions, Inc. | 1 | $0.3M | $255K | 100.0% |
| CONTOUR MORTGAGE CORPORATION | 1 | $0.2M | $245K | 100.0% |
| SWBC MORTGAGE CORPORATION | 1 | $0.2M | $225K | 100.0% |
| Bell Bank | 1 | $0.2M | $205K | 0.0% |
| CORTRUST MORTGAGE, INC. | 1 | $0.2M | $185K | 100.0% |
| OCMBC, INC. | 1 | $0.2M | $185K | 100.0% |
| Lakeview Bank | 1 | $0.2M | $185K | 100.0% |
| Citizens Community Federal National Association | 1 | $0.2M | $175K | 100.0% |
| National Bank of Commerce | 1 | $0.2M | $175K | 100.0% |
| Bank Midwest | 1 | $0.2M | $165K | 0.0% |
40 Minnesota loans (0.7%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Blue Earth County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved November 11, 2026. How this data is built · Blue Earth County CSV, all 25 lenders
What Blue Earth County's table can't show you: fit. Short-term financing is exempt from HMDA, so Blue Earth County's fix-and-flip and bridge lenders barely appear among its 37 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 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 Blue Earth County with published lender data
| County | Investor loans, 2025 | Lenders | Where it is from Blue Earth County |
|---|---|---|---|
| Scott County, MN | 120 | 71 | About 50 miles away |
| Dakota County, MN | 421 | 129 | About 65 miles away |
| Hennepin County, MN | 1,532 | 218 | About 75 miles away |
| Wright County, MN | 103 | 57 | About 80 miles away |
| Minnehaha County, SD | 316 | 55 | About 140 miles away |
Run the coverage test on your Blue Earth County, Minnesota deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Blue Earth 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 — Blue Earth County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 37 lenders and 107 loans: 2025 HMDA loan-level data rolled up to Blue Earth County.
- Blue Earth County investor-lender dataset (CSV) — All 25 lenders in the Blue Earth County, Minnesota table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Blue Earth 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 Mankato, MN MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Blue Earth 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.