DSCR Financing in MN
DSCR Loans in Minnesota
Twin Cities small multifamily and Rochester's Mayo-driven rental market, watch St. Paul's rent stabilization ordinance carefully.
Local Market Context
Investor Markets in Minnesota
Minneapolis
The state's primary investor market with SFR and small multifamily inventory.
St. Paul
Twin Cities twin with rent stabilization ordinance, underwrite carefully.
Rochester
Mayo Clinic-driven tenant demand and steady professional rentals.
Duluth
North Shore cash-flow market with university and port employment.
Common Properties
What Investors Finance in Minnesota
- ✓Minneapolis SFRs and small multifamily
- ✓Rochester Mayo-adjacent rentals
- ✓Duluth cash-flow SFRs
- ✓St. Paul 2-4 unit properties (with rent stabilization in underwriting)
- ✓Student housing near U of M
Property Types
DSCR Property Eligibility
Depending on the selected capital partner, eligible property types can include single-family rentals, condos, non-warrantable condos, 2 to 4 units, 5 to 8 units, 9 to 20 units, rural properties with leverage adjustments, and mixed-use properties that are at least 50% residential.
Refinance optionsPurchase optionsProgram Paths
Current DSCR Options in Minnesota
Get Brick Capital works direct-to-wholesale across multiple capital partners. These are separate program paths, so the strongest feature from one option should not be assumed to combine with another.
Program 3
Completed Rehab
A completed renovation can use the new ARV immediately. Minimum 660 FICO, $75,000 loan, $100,000 property value, and no executed lease required.
Program 1
Small Balance
Loans can start at $50,000 with a $75,000 minimum property value. New-ARV cash-out generally requires at least 91 days and a lease is required.
Program 7
Not Available in This State
Program 7 is not available on properties in Minnesota. Other Get Brick Capital programs may still be available in this state.
Program 3 cash-out in Minnesota is generally capped at 75% LTV. The 80% Program 3 cash-out tier is limited to specific states. Final leverage can also be reduced by DSCR, property type, value, loan size, and other overlays.
Minnesota DSCR FAQ
Does Get Brick Capital offer DSCR loans in Minnesota?
Yes. Minnesota is one of the 46 states Get Brick Capital currently services through its wholesale capital-partner network.
Is Program 7 available in Minnesota?
No. Program 7 is not available on properties in Minnesota, although other Get Brick Capital programs may still be available.
Do I need W-2s or personal tax returns?
DSCR income qualification does not use W-2s, pay stubs, or personal tax returns. The most recent two months of bank statements are generally still required to verify closing funds and liquidity, and eligible assets can be used for reserves.
Can I close the loan in an LLC?
Yes. DSCR loans can close in an LLC. Other eligible vesting can include individual ownership, corporations, and approved trusts depending on the program.
See Your Minnesota DSCR Options
No credit pull for the initial quote. Rates within 24 hours. Typical 28-day close with complete documentation.