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 12 va loan specialists in Faribault, 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.
Reliance Bank
2300 30th St NW, Faribault, MN 55021
5073312493
Financial Solutions MN LLC Sandy Flom, CPA, CFP
414 Central Ave N suite c, Faribault, MN 55021
5073333973
Chris Bednar at CrossCountry Mortgage
315 Central Ave N, Faribault, MN 55021
5073349465
HomeTown Credit Union
1205 MN-60, Faribault, MN 55021
5073322288
Community Resource Bank
430 4th St NW, Faribault, MN 55021
5073342201
Tina Gjerald & Tammy O'Malley at Rate (NMLS #331972)
1941 Cardinal Ln Suite C, Faribault, MN 55021
5075137123
Guaranteed Rate
1941 Cardinal Ln STE C, Faribault, MN 55021
6125184297
American Portfolio Mortgage Corporation
1645 Lyndale Ave N #102, Faribault, MN 55021
5072482709
Tammy O'Malley at Rate (NMLS #1277935)
1941 Cardinal Ln Suite C, Faribault, MN 55021
5075137124
Rice County Veteran's Officer
320 3rd St NW, Faribault, MN 55021
5073326117
Wells Fargo Home Mortgage
104 5th St NW, Faribault, MN 55021
5073326349
Wells Fargo Advisors
104 5th St NW, Faribault, MN 55021
5073345546
What Does a VA Loan Specialist in Faribault Cost?
VA loan specialists in Minnesota usually do not charge separate fees for their guidance. The main costs are the VA funding fee which ranges from 0.5 percent to 3.6 percent of the loan amount for first time use. Closing costs in Faribault typically range from 2 percent to 5 percent of the home purchase price. Some costs may be paid by the seller. 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 does a VA loan specialist in Faribault do?
A VA loan specialist helps veterans understand eligibility requirements and guides them through the loan application process. They assist with obtaining a Certificate of Eligibility and explain Minnesota specific benefits like the disabled veterans property tax exemption. They also connect borrowers with VA approved lenders in the Faribault area.
Who is eligible for a VA loan in Minnesota?
Eligibility includes veterans who served 90 consecutive days of active service during wartime or 181 days during peacetime. National Guard and Reserve members with at least six years of service may also qualify. Surviving spouses of veterans who died in service or from a service connected disability are eligible too.
Are there any fees for using a VA loan specialist in Faribault?
Most VA loan specialists do not charge upfront fees for their services. They are typically compensated by the lender or through the loan transaction. However, you may encounter a VA funding fee which varies from 1.4 percent to 3.6 percent of the loan amount depending on your down payment and service category.