|
Real Estate Loan Products |
|
Type |
Description |
Mortgages
|
Whether you are looking
for a conventional, adjustable, 2nd
mortgage, jumbo, balloon, VA or a
construction loan we can help make your
dreams come true.
100%
financing available |
|
|
Mortgage
Products |
|
Adjustable
Rate Mortgage |
Adjustable rate loan with an interest cap |
|
Balloon
Mortgage |
This loan is primarily used for by people planning on
owning a home for a short period |
|
Bare Land
Loan |
Mortgage for landowners with future speculation |
|
Construction Mortgage |
For construction of new homes.
6 month
or 12 month terms
We welcome self-built homes;
qualifications will be required. |
|
Conventional/Fixed Rate Mortgage |
For people planning
on living in their home for a long period and looking for stable
payments . |
|
Secondary market |
15 and 30 year fixed
rates |
|
In House Products |
5 year fixed with balloon
5/1 Adjustable Rate Mortgage - Fixed for
5 years adjusts annually thereafter |
|
First
Mortgage Refinance |
You can consolidate
your debts and lower your monthly payments. |
|
Home
Equity Line of Credit |
Take advantage of the equity built up in your home with
this simple line of credit |
|
Home
Equity Loan |
Take advantage of the equity built up in your home |
|
Home
Improvement Loan |
Home Improvement
loans can be used to fix up your home |
|
First Time Homebuyers |
Approved class is
required. |
|
Rural
Housing Guaranteed Loans |
Moderate income families in rural Minnesota now have the
opportunity to afford the home of their dreams.
Up to 102%
of purchase price with a 30 year fixed
rate. |
|
VA
Mortgage |
Fixed rate mortgage insured by the Veterans
Administration
Customers must have served in the
military to qualify for this type of
loan. |