Investor Owned Residential Real Estate / 1-4 Family Rental Properties

Flagship Bank Minnesota excels in real estate investment property loans. We have extensive experience in lending to investor owned residential real estate properties around the Minneapolis and St. Paul Metro Area. We work closely to address your immediate and future capital requirements.

Credit is provided for construction, acquisition, redevelopment and refinancing opportunities for many property types including townhome rental properties, condo rental properties, single family investment properties, duplexes, triplexes, and four unit apartment properties. Our team has a depth of industry knowledge that allows us to create custom solutions to meet your needs and allows for a streamlined underwriting process. 

Whether you are beginning new construction, repositioning, redeveloping, or simply looking to refinance your property, we take the complexity out of the financing process. Flagship Bank offers a wide range of credit structures with varying maturities. Our services and areas of expertise include:

  • Adjustable Rate Mortgages – 3 yr, 5 yr, 7 yr, and 10 year initial fixed rate periods 
  • Fixed Rate Mortgages – We offer a 15 year fully amortizing fixed rate investment property loan to qualifying borrowers
  • Construction and Bridge Financing – Our team provides tailored loan solutions for value add opportunities 
  • Student Housing Loans  We have extensive experience financing student housing loans around the University of Minnesota – Twin Cities and the University of St. Thomas
  • Loan to Value (LTV) – Terms can be expected to be 80% LTV or less depending on request and amortization schedule
  • Amortization Schedule – Terms with amortizations up to 25 years 
  • Debt Service Coverage Ratio – 1.20X minimum, the ratio is calculated by taking the properties Cash Available for Debt Service over the required Debt Payments 

At Flagship Bank Minnesota, our emphasis is on relationships, not just transactions. We have invested in expert people, systems, and industry knowledge that make us a market leader in a field often dominated by very large banks. Our lenders combine their knowledge and experience with a variety of flexible financing solutions, products, and services. The result is a comprehensive solution tailored to your individual day-to-day operational needs and longer term strategic goals. Please contact us today!

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We are excited to hear from you and earn your business. Please keep in mind e-mail is not necessarily secure against interception. You can call us directly at 952.944.6050 during business hours.

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