Dominion Financial Services for Minnesota investors
Dominion Financial Services is an established lender with comfort on distressed properties and flexibility on borrower credit profiles.
Minnesota context
Minnesota stable Midwest market. Twin Cities dominant. Minneapolis rent stabilization (2023) affects city proper.
How Dominion Financial Services positions in Minnesota
The Minnesota lender pool for DSCR includes Dominion Financial Services among the active platforms. Minnesota top metros (Minneapolis, St. Paul, Rochester) see meaningful Dominion Financial Services loan volume.
City-level coverage in Minnesota
Dominion Financial Services provides DSCR coverage across Minnesota metros including Minneapolis, St. Paul, and Rochester. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Dominion Financial Services program terms apply uniformly across Minnesota metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | fix-and-flip, bridge, rental |
| Loan size | $50K - $5.0M |
| Rates | 9.5%-12.5% |
| Points | 1.5 - 4 |
| Max LTV | 75% of ARV |
| Term lengths | 6-18 months |
| Typical close time | 7-14 days typical |
| Minnesota property tax | 1.1% |
| Minnesota state income tax | 9.85% |
Dominion Financial Services strengths in Minnesota
- experienced underwriting
- distressed property comfort
- flexible on credit
Ideal borrower: Investor on distressed deals or with credit hair
FAQ
Yes, operates nationally including Minnesota. Dominion Financial Services is based in Baltimore, MD and operates nationally.
Minneapolis is the top investor market in Minnesota and falls within Dominion Financial Services national coverage. Minneapolis property tax follows the Minnesota state rate of 1.1 percent. Dominion Financial Services typically underwrites Minneapolis acquisitions at standard rate sheets.
Yes. St. Paul ranks among the larger Minnesota investor metros and sees consistent DSCR loan volume from Dominion Financial Services. Submarket variation within St. Paul matters for property selection.
Dominion Financial Services applies the same rate sheet across Minnesota metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Minneapolis, St. Paul, and Rochester all qualify for the same Dominion Financial Services program.
Dominion Financial Services indicative DSCR rate range is 9.5 to 12.5 percent with 1.5 to 4 points.
Minnesota stable Midwest market. Twin Cities dominant. Minneapolis rent stabilization (2023) affects city proper. Dominion Financial Services follows standard business-purpose loan structures.
Dominion Financial Services funds fix-and-flip, bridge, rental in Minnesota.
Minnesota allows standard DSCR prepay structures; Dominion Financial Services typically uses 3-5 year step down.
Dominion Financial Services typical close: 7-14 days typical.
Bottom line
Dominion Financial Services in Minnesota works for the right borrower-deal combination. Match the lender to your deal characteristics.
Independent directory listing. DSCR Loan Program is not affiliated with Dominion Financial Services.