FIX & FLIP LOANS · Minnesota (MN) Underwriting Matrix

Minnesota Fix and Flip Loans (Up to 90% Purchase LTC + 100% Rehab Financing) — 2026 Rates, LTV Caps & State Rules

Minnesota Fix & Flip Loans provide business-purpose real estate investors with Up to 90% Purchase + 100% Rehab (75% ARV Cap) across loan amounts from $100,000 – $15,000,000+ at 9.25% – 11.25% Interest-Only (12 – 18 Months Interest-Only (No Prepayment Penalty), 620 – 660+ FICO min FICO, 7 – 10 Business Days close). In Minnesota (MN), lenders underwrite to a Non-Judicial (Foreclosure by Advertisement) statutory framework (60–90 days (+ 6-mo redemption)-day average timeline), a 1.11% average property tax rate (~$319/mo at the $345,000 state median), and $590/$100K hazard insurance (~$170/mo).

Max Leverage / LTC

Up to 90% Purchase + 100% Rehab (75% ARV Cap)

Min FICO: 620 – 660+ FICO

2026 Rate Band

9.25% – 11.25% Interest-Only

12 – 18 Months Interest-Only (No Prepayment Penalty)

MN Security Instrument

Non-Judicial (Foreclosure by Advertisement)

60–90 days (+ 6-mo redemption) days avg timeline

MN Avg Tax & Ins

1.11% Tax

$590/$100K Hazard Ins

How Fix & Flip Loans Work in Minnesota (MN)

Fix and flip loans finance both the distressed property purchase (up to 85%–90% of purchase price) and 100% of the renovation budget via milestone draw reimbursements, capped at 70%–75% of After-Repair Value (ARV). Interest is charged only on disbursed funds on select wholesale shelves, with zero prepayment penalty upon resale or DSCR refinance.

1. Minnesota Median Benchmark

Median 1–4 unit price of $345,000 (75% LTV = $258,750) with Form 1007 rent of $2,550/mo and multifamily rent of $1,490/door.

2. Escrow & Title Underwriting

Minnesota operates under a Non-Judicial (Foreclosure by Advertisement) regime (60–90 days (+ 6-mo redemption) days). Lenders require ALTA lender's title endorsement, LLC Good Standing, and 6 months PITIA liquidity reserves.

3. Fast-Track Closing (7 – 10 Business Days)

Close in your Minnesota LLC or Delaware LLC registered in MN with zero personal tax returns, W-2s, or 4506-C transcripts.

Minnesota County-Level Property Tax & Insurance Hubs (1)

Hennepin County (Minneapolis), MN

Hennepin County (Minneapolis), MN · 1.32% Tax · $620/$100K Ins

Explore Other Programs in Minnesota

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