DSCR Loans in Hennepin 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, 218 lenders made 1,532 investment-property loans in Hennepin County, 25.6% of Minnesota's total. Dominick Prevete arranges DSCR loans across Hennepin 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 $330,000.
Hennepin County investor market at a glance
| Statistic | Hennepin County | Minnesota | County rank |
|---|---|---|---|
| Investor loans | 1,532 | 5,990 | 1st of 13 |
| Reporting lenders | 218 | 406 | 1st of 13 |
| Loan volume | $457.5M | $1.51B | 1st of 13 |
| Average loan | $299K | $251K | 2nd of 13 |
| Median loan | $255K | $215K | 1st of 13 |
| Purchases | 70.3% | 69.5% | 6th of 13 |
| Cash-out refinances | 9.9% | 9.0% | 3rd of 13 |
| 2–4 unit properties | 19.4% | 17.8% | 6th of 13 |
| Top five lenders' share | 24.3% | 14.8% | 10th of 13 |
| Reported business-purpose | 56.9% | 50.7% | 4th of 13 |
Hennepin County: closed-end loans on 1–4 unit investment properties. Hennepin County's rank is highest first, among Minnesota's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Hennepin County's investor loans.
What stands out in Hennepin County
The median investor loan in Hennepin County was $255K, the 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.
9.9% of Hennepin County's investor loans were cash-out refinances, the 3rd-highest share of Minnesota's 13 counties with published data (statewide: 9.0%).
On the DSCR cash-out refinances Dominick arranges, cash-out can close with no seasoning.
Does a DSCR loan pencil in Hennepin County?
At HUD's fair market rent of $2,264 for a 3-bedroom in Hennepin County, Minnesota, a rental covers its full DSCR payment up to a purchase price of about $330,000, with 20% down at the 7.25% starting rate (November 2026). Hennepin County's median home value is $392,900; at that price the payment is $2,681 a month, so the property would need $2,700 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) | $392,900 |
| Median property taxes and effective rate | $4,480 (1.14% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $2,681 |
| Rent needed to cover that payment | $2,700 |
| Coverage of a 3-bedroom at fair market rent | 0.84 |
| Highest price a 3-bedroom at fair market rent covers | about $330,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $505,000 |
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 Hennepin County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Hennepin County?
The most active investment-property lenders in Hennepin County in 2025 HMDA data were Kiavi Funding, Inc.; Bridgewater Bank; and United Wholesale Mortgage, out of 218 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 Hennepin County, and matches each file to the one most likely to fund it.
Hennepin County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 1,532 loans and $457.5M from 218 lenders. Kiavi Funding, Inc. led Hennepin County with 113 loans, 7.4% of the county's total, and the average Hennepin County loan of $299K compares with $251K across Minnesota.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Kiavi Funding, Inc. | 113 | $31.4M | $278K | 84.1% |
| Bridgewater Bank | 82 | $27.3M | $332K | 92.7% |
| United Wholesale Mortgage | 73 | $18.0M | $246K | 57.5% |
| PENNYMAC LOAN SERVICES, LLC | 55 | $19.1M | $348K | 74.5% |
| Bell Bank | 49 | $14.5M | $295K | 73.5% |
| LENNAR MORTGAGE, LLC | 34 | $9.6M | $283K | 100.0% |
| Rocket Mortgage, LLC | 34 | $8.3M | $244K | 55.9% |
| RF RENOVO MANAGEMENT COMPANY, LLC | 33 | $9.6M | $292K | 81.8% |
| TRUSTONE FINANCIAL CREDIT UNION | 27 | $4.5M | $165K | 33.3% |
| Sunrise Banks, National Association | 26 | $6.0M | $230K | 88.5% |
| Coulee Bank | 25 | $6.2M | $247K | 100.0% |
| U.S. Bank National Association | 24 | $5.8M | $244K | 70.8% |
| CROSSCOUNTRY MORTGAGE, INC. | 22 | $5.8M | $265K | 72.7% |
| THE LOAN STORE, INC. | 21 | $6.8M | $322K | 47.6% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | 20 | $4.8M | $243K | 15.0% |
| CCM Finance, LLC | 18 | $6.5M | $363K | 100.0% |
| Granite Bank | 18 | $6.1M | $340K | 66.7% |
| NEWREZ LLC | 18 | $5.1M | $283K | 33.3% |
| GUARANTEED RATE, INC. | 18 | $4.8M | $265K | 66.7% |
| Old National Bank | 17 | $6.2M | $367K | 29.4% |
| Luminate Bank | 17 | $5.8M | $343K | 70.6% |
| Park State Bank | 17 | $5.6M | $327K | 94.1% |
| KIND LENDING, LLC | 17 | $4.4M | $258K | 70.6% |
| DEEPHAVEN MORTGAGE LLC | 16 | $6.3M | $395K | 31.2% |
| 21st Century Bank | 16 | $5.3M | $330K | 87.5% |
40 Minnesota loans (0.7%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Hennepin County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved November 11, 2026. How this data is built · Hennepin County CSV, all 25 lenders
What Hennepin County's table can't show you: fit. Short-term financing is exempt from HMDA, so Hennepin County's fix-and-flip and bridge lenders barely appear among its 218 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 Hennepin County with published lender data
| County | Investor loans, 2025 | Lenders | Where it is from Hennepin County |
|---|---|---|---|
| Wright County, MN | 103 | 57 | Borders Hennepin County |
| Anoka County, MN | 306 | 104 | Borders Hennepin County |
| Scott County, MN | 120 | 71 | Borders Hennepin County |
| Ramsey County, MN | 583 | 139 | Borders Hennepin County |
| Dakota County, MN | 421 | 129 | Borders Hennepin County |
| Washington County, MN | 271 | 86 | About 30 miles away |
| Stearns County, MN | 156 | 57 | About 65 miles away |
| Blue Earth County, MN | 107 | 37 | About 75 miles away |
Run the coverage test on your Hennepin County, Minnesota deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Hennepin 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 — Hennepin County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 218 lenders and 1,532 loans: 2025 HMDA loan-level data rolled up to Hennepin County.
- Hennepin County investor-lender dataset (CSV) — All 25 lenders in the Hennepin County, Minnesota table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Hennepin 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 — Hennepin 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.