DSCR Loans in Ramsey County, Minnesota
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 139 lenders made 583 investment-property loans in Ramsey County, 9.7% of Minnesota's total. Dominick Prevete arranges DSCR loans across Ramsey 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 $325,000.
Ramsey County investor market at a glance
| Statistic | Ramsey County | Minnesota | County rank |
|---|---|---|---|
| Investor loans | 583 | 5,990 | 2nd of 13 |
| Reporting lenders | 139 | 406 | 2nd of 13 |
| Loan volume | $145.7M | $1.51B | 2nd of 13 |
| Average loan | $250K | $251K | 8th of 13 |
| Median loan | $215K | $215K | 8th of 13 |
| Purchases | 69.6% | 69.5% | 7th of 13 |
| Cash-out refinances | 11.3% | 9.0% | 2nd of 13 |
| 2–4 unit properties | 23.8% | 17.8% | 3rd of 13 |
| Top five lenders' share | 23.2% | 14.8% | 11th of 13 |
| Reported business-purpose | 53.9% | 50.7% | 6th of 13 |
Ramsey County: closed-end loans on 1–4 unit investment properties. Ramsey County's rank is highest first, among Minnesota's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Ramsey County's investor loans.
What stands out in Ramsey County
11.3% of Ramsey County's investor loans were cash-out refinances, the 2nd-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.
23.8% of Ramsey County's investor loans financed a 2–4 unit property, the 3rd-highest share of Minnesota's 13 counties with published data (statewide: 17.8%).
2–4 unit properties are a larger share here than in most of Minnesota. A DSCR loan on a 2–4 unit property qualifies on the rent from all of its units.
The five most active lenders wrote 23.2% of Ramsey County's investor loans, the 3rd-lowest share of Minnesota's 13 counties with published data (statewide: 14.8%).
Lending here is spread across many lenders; the best fit depends on the deal more than the lender's size.
Does a DSCR loan pencil in Ramsey County?
At HUD's fair market rent of $2,264 for a 3-bedroom in Ramsey County, Minnesota, a rental covers its full DSCR payment up to a purchase price of about $325,000, with 20% down at the 7.25% starting rate (November 2026). Ramsey County's median home value is $326,600; at that price the payment is $2,249 a month, so the property would need $2,250 in rent to cover it.
At that price, the rent covers the full payment, which is the test a standard DSCR loan qualifies on.
| HUD fair market rent, 2 / 3 / 4 bedroom (FY2027) | $1,734 / $2,264 / $2,538 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $326,600 |
| Median property taxes and effective rate | $3,966 (1.21% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $2,249 |
| Rent needed to cover that payment | $2,250 |
| Coverage of a 3-bedroom at fair market rent | 1.01 |
| Highest price a 3-bedroom at fair market rent covers | about $325,000 |
| Highest price two 2-bedroom units at fair market rent cover | about $500,000 |
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 Ramsey County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Ramsey County?
The most active investment-property lenders in Ramsey County in 2025 HMDA data were Kiavi Funding, Inc.; United Wholesale Mortgage; and Coulee Bank, out of 139 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 Ramsey County, and matches each file to the one most likely to fund it.
Ramsey County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 583 loans and $145.7M from 139 lenders. Kiavi Funding, Inc. led Ramsey County with 43 loans, 7.4% of the county's total, and the average Ramsey County loan of $250K compares with $251K across Minnesota.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Kiavi Funding, Inc. | 43 | $9.4M | $218K | 95.3% |
| United Wholesale Mortgage | 29 | $5.8M | $198K | 55.2% |
| Coulee Bank | 23 | $5.2M | $226K | 100.0% |
| Bridgewater Bank | 21 | $4.6M | $218K | 95.2% |
| RF RENOVO MANAGEMENT COMPANY, LLC | 19 | $4.4M | $231K | 78.9% |
| Rocket Mortgage, LLC | 16 | $3.2M | $203K | 62.5% |
| Sunrise Banks, National Association | 15 | $2.4M | $157K | 86.7% |
| CROSSCOUNTRY MORTGAGE, INC. | 13 | $3.4M | $258K | 69.2% |
| Granite Bank | 12 | $4.0M | $336K | 66.7% |
| Security Bank & Trust Company | 12 | $2.4M | $202K | 33.3% |
| BankCherokee | 11 | $4.3M | $390K | 54.5% |
| Old National Bank | 11 | $2.3M | $206K | 0.0% |
| Blaze Credit Union | 10 | $2.6M | $263K | 30.0% |
| Bell Bank | 10 | $1.8M | $182K | 90.0% |
| Premier Bank | 9 | $4.7M | $522K | 66.7% |
| Royal Credit Union | 9 | $1.5M | $162K | 66.7% |
| NEWREZ LLC | 8 | $1.8M | $225K | 75.0% |
| DEEPHAVEN MORTGAGE LLC | 8 | $1.8M | $220K | 0.0% |
| TRUSTONE FINANCIAL CREDIT UNION | 8 | $1.7M | $208K | 37.5% |
| Broker Solutions, Inc. | 8 | $1.6M | $200K | 75.0% |
| First Resource Bank | 7 | $5.0M | $711K | 28.6% |
| Luminate Bank | 7 | $2.5M | $352K | 85.7% |
| U.S. Bank National Association | 7 | $1.9M | $275K | 85.7% |
| Loandepot.Com, LLC | 7 | $1.9M | $274K | 85.7% |
| Security State Bank of Marine | 7 | $1.7M | $244K | 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 Ramsey County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved November 11, 2026. How this data is built · Ramsey County CSV, all 25 lenders
What Ramsey County's table can't show you: fit. Short-term financing is exempt from HMDA, so Ramsey County's fix-and-flip and bridge lenders barely appear among its 139 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 Ramsey County with published lender data
| County | Investor loans, 2025 | Lenders | Where it is from Ramsey County |
|---|---|---|---|
| Washington County, MN | 271 | 86 | Borders Ramsey County |
| Anoka County, MN | 306 | 104 | Borders Ramsey County |
| Hennepin County, MN | 1,532 | 218 | Borders Ramsey County |
| Dakota County, MN | 421 | 129 | Borders Ramsey County |
| Scott County, MN | 120 | 71 | About 35 miles away |
Run the coverage test on your Ramsey County, Minnesota deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Ramsey 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 — Ramsey County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 139 lenders and 583 loans: 2025 HMDA loan-level data rolled up to Ramsey County.
- Ramsey County investor-lender dataset (CSV) — All 25 lenders in the Ramsey County, Minnesota table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Ramsey 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 — Ramsey 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.