Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the Minnesota before hiring.
Showing 3 mortgage lenders in Zimmerman, MN
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Todd Mrazek - Supreme Lending
26273 2nd St E, Zimmerman, MN 55398
7632451511
The Bank of Elk River - Zimmerman Office
26319 2nd St E, Zimmerman, MN 55398
7638566800
First National Bank of Milaca - Zimmerman Office
26120 3rd St E, Zimmerman, MN 55398
7638563626
What Does a Mortgage Lender in Zimmerman Cost?
Mortgage lender costs in Minnesota typically include an origination fee of 0.5 to 1 percent of the loan amount. Appraisal fees range from 400 to 700 dollars. Title insurance and escrow fees add 500 to 1500 dollars. Closing costs in Minnesota average 2 to 5 percent of the purchase price. This is general information and not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What documents do I need to apply for a mortgage in Zimmerman Minnesota?
You will need pay stubs tax returns bank statements and photo identification. Minnesota lenders also require a credit check and proof of employment. Self employed borrowers may need additional profit and loss statements.
How long does it take to close on a home loan in Minnesota?
A typical mortgage closing in Minnesota takes 30 to 45 days from application. Minnesota law requires a three day right of rescission for refinances. Delays can occur if appraisals or title work take longer than expected.
Are there first time home buyer programs in Minnesota?
Yes Minnesota Housing offers down payment assistance and low interest loans for first time buyers. These programs have income limits and require a home buyer education course. Local lenders in Zimmerman can help you check eligibility.