Mortgages

When making one of the largest purchases in your lifetime, you need a financial institution you can trust. Though the help of our partner programs, we are able to offer you a wide variety of loans to suit your unique mortgage situation. Click below to see what program will suit you best.

For mortgage appointments, we will need:

Most current paystubs (30 days)
Two months of complete financial statement(s)
Copy of Driver’s License
Two years of W2’s and/or 1099s
Two years of Federal and State tax returns
Most recent quarterly statement for retirement and investment accounts

MORTGAGE LOAN CALCULATOR

TRADITIONAL FINANCING

Conventional financing for purchasing a variety of homes. Down payments of less than 20% require private mortgage insurance.

3% minimum down payment
30, 20, 15, or 10 year fixed rate terms
3, 5, and 7 year adjustable rate terms
For primary residence, second homes, or investment properties

Call Peter at (218) 336-1810

Get a purchase pre-approval or refinance your current mortgage!

SCHEDULE APPOINTMENT

APPLY ONLINE

VA LOANS

Veteran’s Administration (VA) loans are designed to assist qualified veterans get into a home with no down payment. VA Loans can be used to purchase houses, make home improvements, purchase a manufactured home on land, or buy a townhouse or condo in VA-approved development.

0% down payment
No private mortgage insurance
Maximum borrowed can be $417,000
Fixed rate and adjustable rate terms are available

Call Peter at (218) 336-1810

Set up an appointment about VA Loans.

SCHEDULE APPOINTMENT

FHA LOANS

Federal Housing Administration (FHA) loans are great for those who are looking to purchase their first home or those who do not meet traditional financing guidelines due to bankruptcy or foreclosure.

3.5% minimum down payment — can be received as a gift
30 year fixed rate
For primary residence only (1-4 family units, condos, and planned unit development)
Lower credit score qualification
No maximum income limitations
Maximum loan amount determined by county

Call Peter at (218) 336-1810

Set up an appointment about FHA Loans.

SCHEDULE APPOINTMENT

USDA RURAL DEVELOPMENT

USDA Rural Development Loans are designed for those who are looking to live rurally. The USDA backs and services these loans.

0% down payment
Qualified properties must be in designated areas as defied by USDA—generally designated for properties in communities of 20,000 or less.
Maximum income limits determined by geographical area

Call Peter at (218) 336-1810

NMLS Information:

Peter- NMLS 747132
MPECU-728461

Set up an appointment about USDA Rural Development.

SCHEDULE APPOINTMENT