Home Loans

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.

1st Mortgages 2nd Mortgages Home Equity Home Equity
Line of Credit
Competitive fixed rates
Low closing costs
No PMI *
No prepayment penalty *
Ability to modify your loan
Free in-house appraisals for qualifying loans
Creative financing with payments tailored to fit your budget and needs
Acceptance of payments weekly, bi-weekly or monthly
Automatic payments from your checking/savings account or employment check
In-house approvals for a faster answer
Interest tax deduction. Consult tax advisor for eligibility.
Loans serviced in house

*Certain restrictions apply.

What Our Customers Say

Judd H. (Kasson, MN)
Consumer and Mortgage Loans

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!

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The hyperlinks to other Internet sites are provided solely as a convenience to users of our Internet site. We have made a limited effort to determine that these links function properly. However, linked sites are not under our control, and we are not responsible for the contents of any linked site, or any link contained in a linked site. The inclusion of a link does not imply or constitute our endorsement, its ownership or management, the products or services it offers, or any advertisers or sponsors appearing on the linked web site.

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NOTICE

The hyperlinks to other Internet sites are provided solely as a convenience to users of our Internet site. We have made a limited effort to determine that these links function properly. However, linked sites are not under our control, and we are not responsible for the contents of any linked site, or any link contained in a linked site. The inclusion of a link does not imply or constitute our endorsement, its ownership or management, the products or services it offers, or any advertisers or sponsors appearing on the linked web site.

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