Minnesota is uniquely positioned for durable, long term economic growth, and we believe the state's strong fundamentals make it an excellent place to own single family (1 - 4 unit) rental properties.
If you're looking for the best DSCR loan Minnesota has to offer, you've come to the right place. Our mission is to help you build wealth through real estate, and we do that by providing the most competitive rental loans possible -- our version of everyday low pricing.
While we cannot control DSCR loan interest rates, we can always provide you with the lowest possible rate and fees every single time you request an instant DSCR loan quote. As an informed borrower, you can make the best decisions to successfully grow your rental portfolio. Extreme transparency, ongoing market insights, free tools (i.e. DSCR calculator) and a dedicated relationship manager are all in place to assist you on your rental property investing journey.
With rising home prices and elevated interest rates, finding the most cost effective lender to protect your profit and eliminate unnecessary cost from your next purchase or refi is critical. The truth is that most lenders that specialize in DSCR loans are charging elevated fees to offset their increasing costs and lower transaction volume. Many are forced to do this in order to stay in business. Understanding the fees lenders charge will allow you to avoid excessive fees that cut into your cash on cash return and compromise the viability of your transaction.
|Fee type||Expected range|
|Interest Rate||Get instant quote|
|Origination fee||1% to 2% of loan amount|
|Underwriting fee||$0 to $995|
|Legal/Doc Prep fee||$500 to $995|
At OfferMarket, we firmly believe that the economic development and trajectory of a given city and state is a critical consideration when buying your next rental property. We view Minnesota as an undervalued market for rental property investment with a stable, positive long term outlook.
|Year||Median Home Price||Market Rent|
Minnesota has a large and growing economy. Here's an overview showcasing the unique appeal of Minnesota:
|9||Thrivent Financial for Lutherans||25,000||Minneapolis|
|Rank||City||Population||County||Property Tax Rate|
For more insights on safety, check out the Minneapolis Crime Dashboard
Getting a DSCR loan for your Minnesota investment property is easy. Get your instant quote in under a minute and process your loan online.