The Best Mortgage Lenders in Rogers, MN
Compare verified mortgage lenders serving Rogers, Minnesota. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Rogers
Featured Mortgage Lenders
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a top-rated national mortgage lender with a strong local presence in the Twin Cities metro area, including Rogers. Known for its competitive rates and digital-first approach, the company has earned high customer satisfaction ratings for its efficient online application process and personalized service. With over two decades of experience, they offer a wide range of loan products and have numerous positive reviews highlighting their responsiveness and expertise. Their Bloomington office serves as a key hub for clients in Hennepin County, making them a reliable choice for homeowners in Rogers seeking modern mortgage solutions.
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Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation is a highly reputable lender with a significant footprint in Minnesota, including service to Rogers residents. Praised for its exceptional customer service and community involvement, Fairway has consistently high ratings for its transparent processes and competitive loan options. Founded in 1996, the company has built a strong track record of helping buyers with various mortgage needs, from first-time home purchases to refinancing. Their St. Paul location provides convenient access for clients in the northwest metro, supported by numerous positive reviews citing their reliability and expert guidance.
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Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a nationally recognized lender with a dedicated local team serving the Rogers area, known for its fast closing times and customer-centric approach. With a focus on community engagement and innovative technology, Movement has garnered strong reviews for its streamlined processes and supportive loan officers. Founded in 2008, the company combines years of experience with a fresh perspective, offering a variety of loan products tailored to Minnesota homebuyers. Their St. Louis Park office ensures easy accessibility for clients, backed by a reputation for high satisfaction and competitive rates.
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Frequently Asked Questions
Common questions about mortgage lending in Rogers, MN
What are the current mortgage rates like for homebuyers in Rogers, MN?
Mortgage rates in Rogers typically align with national averages but can be influenced by local market competition. Currently, rates for 30-year fixed mortgages in the area range from the mid-6% to low-7% range, though this varies by lender, loan type, and borrower qualifications. Working with a local lender who understands Rogers' market dynamics can help you secure competitive rates.
Are there any first-time homebuyer programs specifically available in Rogers?
Yes, Rogers homebuyers can access Minnesota Housing's First-Time Home Buyer Program, which offers competitive interest rates, down payment assistance, and closing cost help. Additionally, some local lenders may offer special programs for Rogers residents, particularly given the city's growing community and development initiatives aimed at making homeownership accessible.
How does Rogers' competitive housing market affect mortgage pre-approval and offers?
With Rogers' housing market being competitive due to its proximity to the Twin Cities and strong school districts, having a solid mortgage pre-approval is crucial. Sellers often prioritize offers with strong pre-approvals from reputable local lenders, as this demonstrates serious buying capability. Working with a lender familiar with Rogers' fast-paced market can help streamline your offer process.
What should I know about property taxes and insurance when getting a mortgage in Rogers?
Rogers property taxes are relatively moderate for the Twin Cities metro area, typically ranging from 1.1% to 1.3% of home value. Your mortgage lender will factor these into your monthly payment calculations. Homeowners insurance in Rogers is generally affordable due to the city's low crime rates and modern infrastructure, but it's wise to get multiple quotes from local providers.
Are there any special mortgage considerations for buying in Rogers' newer development areas?
Yes, many new construction homes in Rogers' growing subdivisions may require specific construction-to-permanent loans or have different appraisal requirements. Some developments also have special assessment districts that could affect your overall housing costs. It's important to work with a lender experienced in Rogers' new construction market to navigate these unique considerations.
Why Choose a Mortgage Lender in Rogers?
Local Market Knowledge
Lenders who understand Rogers'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 Rogers and get competitive rates on your home loan.