DSCR Loans in Wright County, Minnesota
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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In 2025 HMDA data, 57 lenders made 103 investment-property loans in Wright County, 1.7% of Minnesota's total. Dominick Prevete arranges DSCR loans across Wright 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.
Wright County investor market at a glance
| Statistic | Wright County | Minnesota | County rank |
|---|---|---|---|
| Investor loans | 103 | 5,990 | 13th of 13 |
| Reporting lenders | 57 | 406 | 9th of 13 |
| Loan volume | $27.6M | $1.51B | 11th of 13 |
| Average loan | $268K | $251K | 5th of 13 |
| Median loan | $245K | $215K | 3rd of 13 |
| Purchases | 64.1% | 69.5% | 11th of 13 |
| Cash-out refinances | 4.9% | 9.0% | 12th of 13 |
| 2–4 unit properties | 11.7% | 17.8% | 9th of 13 |
| Top five lenders' share | 25.2% | 14.8% | 8th of 13 |
| Reported business-purpose | 33.0% | 50.7% | 11th of 13 |
Wright County: closed-end loans on 1–4 unit investment properties. Wright County's rank is highest first, among Minnesota's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Wright County's investor loans.
What stands out in Wright County
4.9% of Wright County's investor loans were cash-out refinances, the 2nd-lowest share of Minnesota's 13 counties with published data (statewide: 9.0%).
When investors here do take cash out, the DSCR cash-out refinances Dominick arranges require no seasoning.
33.0% of Wright County's investor loans were reported as business-purpose, the 3rd-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.
The median investor loan in Wright 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 Wright County?
At HUD's fair market rent of $2,264 for a 3-bedroom in Wright 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). Wright County's median home value is $358,900; at that price the payment is $2,402 a month, so the property would need $2,425 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) | $358,900 |
| Median property taxes and effective rate | $3,523 (0.98% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $2,402 |
| Rent needed to cover that payment | $2,425 |
| Coverage of a 3-bedroom at fair market rent | 0.94 |
| 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 Wright County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Wright County?
The most active investment-property lenders in Wright County in 2025 HMDA data were Sherburne State Bank, Lake Central Bank and South Story Bank & Trust, out of 57 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 Wright County, and matches each file to the one most likely to fund it.
Wright County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 103 loans and $27.6M from 57 lenders. Sherburne State Bank led Wright County with 8 loans, 7.8% of the county's total, and the average Wright County loan of $268K compares with $251K across Minnesota.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Sherburne State Bank | 8 | $2.2M | $278K | 62.5% |
| Lake Central Bank | 6 | $1.6M | $267K | 66.7% |
| South Story Bank & Trust | 5 | $2.0M | $395K | 100.0% |
| The First National Bank Of Milaca | 4 | $1.0M | $255K | 25.0% |
| Fairway Independent Mortgage Corporation | 3 | $1.6M | $522K | 100.0% |
| The Bank of Elk River | 3 | $1.2M | $385K | 33.3% |
| Barrington Bank & Trust Company, National Association | 3 | $0.9M | $288K | 0.0% |
| Loandepot.Com, LLC | 3 | $0.7M | $238K | 100.0% |
| CROSSCOUNTRY MORTGAGE, INC. | 3 | $0.6M | $188K | 33.3% |
| Royal Credit Union | 3 | $0.5M | $165K | 66.7% |
| BANKWEST | 3 | $0.5M | $155K | 66.7% |
| Star Bank | 3 | $0.5M | $155K | 100.0% |
| 21st Century Bank | 3 | $0.5M | $152K | 33.3% |
| TRUSTONE FINANCIAL CREDIT UNION | 3 | $0.3M | $92K | 33.3% |
| United Wholesale Mortgage | 2 | $1.7M | $865K | 50.0% |
| PENNYMAC LOAN SERVICES, LLC | 2 | $0.6M | $285K | 100.0% |
| Kiavi Funding, Inc. | 2 | $0.5M | $250K | 100.0% |
| Platinum Bank | 2 | $0.4M | $205K | 100.0% |
| Coulee Bank | 2 | $0.4M | $185K | 50.0% |
| Kensington Bank | 2 | $0.3M | $175K | 100.0% |
| Bridgewater Bank | 2 | $0.3M | $130K | 50.0% |
| CorTrust Bank National Association | 1 | $0.5M | $505K | 0.0% |
| NEXERA HOLDING LLC | 1 | $0.5M | $485K | 0.0% |
| Frandsen Bank & Trust | 1 | $0.4M | $445K | 0.0% |
| Citizens Alliance Bank | 1 | $0.4M | $435K | 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 Wright County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved November 11, 2026. How this data is built · Wright County CSV, all 25 lenders
What Wright County's table can't show you: fit. Short-term financing is exempt from HMDA, so Wright County's fix-and-flip and bridge lenders barely appear among its 57 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 Wright County with published lender data
| County | Investor loans, 2025 | Lenders | Where it is from Wright County |
|---|---|---|---|
| Hennepin County, MN | 1,532 | 218 | Borders Wright County |
| Stearns County, MN | 156 | 57 | Borders Wright County |
| Anoka County, MN | 306 | 104 | About 35 miles away |
| Scott County, MN | 120 | 71 | About 40 miles away |
| Blue Earth County, MN | 107 | 37 | About 80 miles away |
| Crow Wing County, MN | 105 | 52 | About 90 miles away |
Run the coverage test on your Wright County, Minnesota deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Wright 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 — Wright County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 57 lenders and 103 loans: 2025 HMDA loan-level data rolled up to Wright County.
- Wright County investor-lender dataset (CSV) — All 25 lenders in the Wright County, Minnesota table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Wright 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 — Wright 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.