At Minnesota First, we finance purchases and refinances of primary residences, vacation homes and investment properties. And we work hard to provide you with the best mortgage option that fits your situation and needs.
When you’re looking to purchase a property, look to us. We know timing is everything, so our mortgage professionals are available to work with you and your Realtor to get you the information you need when you need it.
To provide you with the best options, we look at your down payment amount, how much you want to spend on a monthly payment, the property taxes and insurance amounts. From there, we’ll present you with options that best fit your lifestyle.
Whether this is your first home purchase or you’ve been through the process before, we’ll work with you every step of the way and present the best mortgage options for you.
You are more than your credit score
All of our lending decisions are made in the office, not solely based on your credit score. We know life happens so if you have any hiccups that may affect your credit score, we can take that into account.
Purchasing a home is a big financial undertaking. We want you to partner with a bank that has your back. That’s Minnesota First.
Whether you are looking for a first mortgage, closed end second mortgage or a home equity line of credit including interest only options, we can help you.
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Home Equity Line of Credit |
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Competitive fixed rates |
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Low closing costs |
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No PMI * |
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No prepayment penalty * |
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Ability to modify your loan |
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Free in-house appraisals for qualifying loans |
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Creative financing with payments tailored to fit your budget and needs |
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Acceptance of payments weekly, bi-weekly or monthly |
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Automatic payments from your checking/savings account or employment check |
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In-house approvals for a faster answer |
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Interest tax deduction. Consult tax advisor for eligibility. |
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Loans serviced in house |
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*Certain restrictions apply.
What Our Customers Say
With Minnesota First I have found a bank that is very easy to work with. The loan approvals are quick and the staff is very helpful. At Minnesota First I get all of my questions answered. I especially like that someone is always available to take my call-even management. There is no automated system like you find at many other banks. The branch locations are also convenient. I live in Kasson, so I like the fact that I can go to either Rochester or Owatonna to make payments.
How to Apply for a Home Loan
Download our Home Mortgage Loan Application checklist below, which will help you gather the information required to apply for a home mortgage loan.
When you are ready, visit one of our convenient locations or complete your application online!