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Jackson, MN

The Best Mortgage Lenders in Jackson, MN

Compare verified mortgage lenders serving Jackson, Minnesota. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.4
Avg Rating
750+
Reviews
11
Loan Types

Available Loan Programs in Jackson

Conventional
FHA
VA
USDA
Jumbo
Refinance
First-time Homebuyer
Construction
Home Equity
Agricultural
Land Loans

Featured Mortgage Lenders

1

Wells Fargo Home Mortgage

Wells Fargo Bank, N.A.

★★★★☆
4.2/5

As one of the nation's largest mortgage lenders with a strong physical presence in Jackson, Wells Fargo offers comprehensive mortgage solutions with local expertise. Their Jackson branch provides personalized service with access to competitive rates and a wide variety of loan programs. The company has deep roots in Minnesota and maintains strong community relationships, offering both in-person and digital mortgage experiences with dedicated local loan officers who understand the southern Minnesota housing market.

Experience:30+ years
Reviews:350 customer reviews
1400 North Highway 86, Jackson, MN 56143

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceFirst-time Homebuyer
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2

First National Bank of Omaha Mortgage

First National Bank of Omaha

★★★★☆
4.4/5

First National Bank of Omaha has a strong regional presence serving southern Minnesota communities including Jackson. They offer competitive mortgage rates and personalized service through their experienced loan officers. The bank is particularly noted for their construction lending expertise and USDA rural development loans, which are highly relevant for the Jackson area. With over 160 years of banking experience, they provide stable, reliable mortgage services with a focus on customer satisfaction and community commitment.

Experience:25+ years
Reviews:280 customer reviews
Serving Jackson, MN through regional offices

Loan Types:

ConventionalFHAVAUSDAConstructionRefinanceHome Equity
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3

ProGrowth Bank Mortgage

ProGrowth Bank

★★★★☆
4.6/5

ProGrowth Bank is a true community bank with deep roots in Jackson and surrounding areas. They specialize in understanding the unique needs of southern Minnesota homebuyers, including agricultural and rural property financing. Their local decision-making process allows for faster approvals and personalized service. The bank is particularly strong in construction lending and offers competitive conventional and government-backed loans. With their main office located right in Jackson, they provide exceptional local service and have built a reputation for reliability and community focus.

Experience:20+ years
Reviews:120 customer reviews
400 Sherman Street, Jackson, MN 56143

Loan Types:

ConventionalFHAVAAgriculturalConstructionRefinanceLand Loans
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Frequently Asked Questions

Common questions about mortgage lending in Jackson, MN

What are the current average mortgage rates for homebuyers in Jackson, MN?

Mortgage rates in Jackson typically align with national averages but can be influenced by local economic factors. As of recent data, 30-year fixed rates in Jackson County generally range from 6.5% to 7.25%, though rates vary by lender, credit score, and loan type. Working with local lenders who understand Jackson's market can often secure more competitive rates.

Are there any first-time homebuyer programs specifically available in Jackson, MN?

Yes, Jackson homebuyers can access Minnesota Housing's First-Time Homebuyer Program, which offers competitive interest rates and down payment assistance. Additionally, the City of Jackson occasionally offers local housing rehabilitation loans for qualified buyers purchasing in targeted neighborhoods. These programs are particularly valuable given Jackson's affordable housing market compared to larger Minnesota cities.

How does Jackson's agricultural economy affect mortgage lending requirements?

Jackson County's strong agricultural economy means lenders may have specific requirements for borrowers with farm-related income. Self-employed applicants or those with seasonal income from agriculture may need additional documentation to verify stable income. Local lenders familiar with Jackson's economy are often more flexible with agricultural income verification than national lenders.

What property types are most common in Jackson's mortgage market?

Jackson's mortgage market primarily consists of single-family homes, with many historic properties and rural homes on larger lots. Given the city's location in farm country, lenders are experienced with properties that include outbuildings, acreage, and rural water systems. These property types may require additional inspections but are readily financeable through local lenders.

Are there any local down payment assistance programs for Jackson homebuyers?

While Jackson doesn't have city-specific down payment programs, buyers can utilize Minnesota Housing's Down Payment Assistance program, which provides up to $17,000 as a deferred loan. Some local employers in Jackson's manufacturing and healthcare sectors also offer employer-assisted housing programs. These resources are particularly helpful given Jackson's median home prices typically ranging from $150,000 to $250,000.

Mortgage Insights

Finding Your Guide: Why a Local Home Loan Agent in Jackson, MN is Your Best First Step

Searching for "home loan agents near me" in Jackson, Minnesota, is more than just finding a convenient office location. It’s about partnering with a professional who understands the unique rhythm of our local market and can navigate the financial pathways specific to our region. For homebuyers eyeing properties in Jackson County, this local expertise isn't just helpful—it's a strategic advantage.

Jackson’s housing market presents a distinct opportunity. We enjoy a blend of stable, community-focused neighborhoods and access to beautiful natural amenities like the Des Moines River and Loon Lake. A local loan agent understands the true value drivers here, from the appeal of a well-maintained home near the county fairgrounds to the considerations for properties in more rural townships. They can provide realistic pre-approval amounts that reflect what your dollar actually buys in Jackson, not just a national average. This local insight prevents you from wasting time looking at homes outside your true budget or, conversely, underestimating your purchasing power.

When you work with an agent based in Jackson or the surrounding area, you gain a guide to Minnesota-specific homebuyer programs that can make a significant difference. A key resource any good local agent will discuss is the Minnesota Housing Finance Agency (MHFA). MHFA offers first-time homebuyer programs with competitive interest rates and down payment assistance. These programs have income and purchase price limits, which a local expert can quickly assess for Jackson County’s market. They’ll know if a home in Southbrook Addition or near the Jackson Golf Club is likely to qualify and can help you structure your offer accordingly.

Your actionable journey starts with a shortlist. Ask for referrals from your real estate agent, friends, or family who have recently purchased locally. Look for agents who are not only licensed but who actively work in our region. In your initial consultation, ask direct questions: "How many loans have you closed in Jackson County in the last year?" "What Minnesota down payment assistance programs are your clients using most successfully?" "Can you walk me through how property taxes in Jackson or assessments for local utilities might affect my monthly payment?"

Finally, remember that a local home loan agent is your advocate. They communicate with appraisers who understand local comparable sales, and they work with title companies familiar with Jackson County procedures. This seamless local network can streamline your closing, avoiding surprises that can derail a purchase.

Starting your homebuying journey with a local mortgage professional in Jackson, MN, grounds your search in reality and opens doors to local opportunities. It’s the smart first move toward turning a house in our community into your home.

Nearby Cities

Explore mortgage lenders in cities near Jackson, MN

Why Choose a Mortgage Lender in Jackson?

Local Market Knowledge

Lenders who understand Jackson'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 Jackson and get competitive rates on your home loan.