The Best Mortgage Lenders in Easton, MN
Compare verified mortgage lenders serving Easton, Minnesota. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Easton
Featured Mortgage Lenders
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is a top-rated lender known for its exceptional customer service and competitive rates. With over 28 years in business, they offer a wide range of loan products and have a strong local presence in southern Minnesota, including service to Easton. They are highly regarded for their responsive and personalized approach, with numerous positive reviews highlighting their efficiency and support throughout the mortgage process.
Loan Types:
New American Funding
New American Funding
New American Funding is a highly-rated mortgage lender with a strong reputation for serving diverse communities, including rural areas like Easton. Founded in 2003, they specialize in flexible loan options, including programs for self-employed borrowers and first-time homebuyers. Their high customer satisfaction scores stem from their commitment to competitive rates, transparent processes, and local expertise in the Minnesota region.
Loan Types:
Caliber Home Loans
Caliber Home Loans Inc.
Caliber Home Loans is a reputable lender with over 16 years of experience, offering a streamlined mortgage process and competitive rates. They have a significant presence in Minnesota and serve Easton with a focus on reliability and customer satisfaction. Known for their efficient service and wide array of loan products, Caliber has built a strong track record with positive reviews emphasizing their professionalism and ease of use for homebuyers in the area.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Easton, MN
What are the current mortgage rates like for homebuyers in Easton, MN?
Mortgage rates in Easton are generally competitive with national averages, but local lenders may offer slightly different terms based on property types common in the area, such as rural properties or older homes. It's wise to compare rates from both local credit unions like Easton Credit Union and regional banks, as they often have specific knowledge of Fillmore County's real estate market. Rates can vary by 0.125-0.25% between lenders, so shopping around is beneficial.
Are there any first-time homebuyer programs specifically available in Easton?
Yes, Easton homebuyers can access Minnesota Housing's First-Time Homebuyer Program, which offers competitive interest rates and down payment assistance. Additionally, Fillmore County may have local initiatives or grants for rural development, given Easton's location. Working with a mortgage lender familiar with these state and local programs can help you maximize available benefits.
How does Easton's rural location affect the mortgage process?
Easton's rural setting can influence appraisals and property eligibility, especially if the home is on well water or a septic system. Lenders may require additional inspections for these features. USDA loans are also a popular option here due to the area's eligibility for rural development loans, which offer 100% financing for qualified buyers.
What types of properties are most common in Easton, and how does that impact mortgage lending?
Easton features many older homes, farms, and rural properties, which can affect loan options. For example, an FHA loan might require certain repairs on an older home before approval. Conventional loans are common, but for unique or agricultural properties, you may need a lender experienced with non-standard appraisals and rural lending guidelines.
Are property taxes in Easton, MN, typically high, and how do they influence mortgage payments?
Property taxes in Easton are generally moderate compared to urban areas in Minnesota, but they can vary based on the property's acreage and improvements. Lenders will include estimated property taxes in your monthly mortgage payment, so it's important to get an accurate assessment from Fillmore County early in the pre-approval process to budget correctly.
Why Choose a Mortgage Lender in Easton?
Local Market Knowledge
Lenders who understand Easton's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in Minnesota.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Easton and get competitive rates on your home loan.