NMLS#
2174
About
PrimeSource Funding, Inc.
Welcome to PrimeSource Funding! With over 90 years of combined mortgage experience, we are knowledgeable and committed to providing you with the best mortgage experience possible. Our team of experts is here to assist you throughout the loan process, whether you're a first-time homebuyer, looking to refinance, or need financing for home improvements. Apply online using our secure application page or contact our Mortgage Loan Originators in Mankato, MN, and Rochester, MN at 800-701-0444 to set up an appointment. We also offer FREE Pre-Approval Letters to help you start shopping for your dream home. Visit our conveniently located offices at 1751 N Victory Drive Suite 500, Mankato, MN 56001, and 2876 Superior Drive NW Suite 102, Rochester, MN 55901. Use our Home Purchase Qualifier tool to determine how much you can afford before you begin your house hunting journey.
Loan programs at
PrimeSource Funding, Inc.
Loan Programs:
1. Conventional Loans: PrimeSource Funding offers conventional loans, which are traditional mortgage loans that are not insured or guaranteed by the government. These loans typically require a down payment and have fixed or adjustable interest rates.
2. FHA Loans: We also provide FHA loans, which are backed by the Federal Housing Administration. These loans are designed to assist borrowers with lower credit scores or smaller down payments. FHA loans offer flexible qualification criteria and competitive interest rates.
3. VA Loans: As a VA approved lender, PrimeSource Funding offers VA loans specifically for veterans, active-duty service members, and eligible surviving spouses. These loans are guaranteed by the Department of Veterans Affairs and feature no down payment requirements and competitive interest rates.
4. USDA Loans: USDA loans are available for eligible borrowers in rural areas. These loans are backed by the U.S. Department of Agriculture and offer low or no down payment options. They are designed to stimulate rural development and homeownership.
5. Jumbo Loans: PrimeSource Funding provides jumbo loans for borrowers seeking to finance higher-priced properties. These loans exceed the conventional loan limits set by Fannie Mae and Freddie Mac.
6. Refinance Loans: Our company offers various refinancing options for existing homeowners who want to lower their interest rates, change loan terms, or access equity in their homes. We can help you determine the best refinance program based on your specific goals and financial situation.
7. Construction Loans: We offer construction loans for individuals looking to build their dream home. These loans provide funding during the construction phase and may be converted into a permanent mortgage after construction is completed.
8. Home Equity Loans: PrimeSource Funding provides home equity loans, allowing homeowners to tap into the equity of their property for various purposes such as home renovations, debt consolidation, or major expenses. These loans typically have fixed interest rates and predictable monthly payments.
9. Reverse Mortgages: Our company offers reverse mortgages for eligible homeowners aged 62 and older. Reverse mortgages allow homeowners to convert part of their home equity into loan proceeds, providing financial flexibility during retirement.
10. First-Time Homebuyer Programs: PrimeSource Funding offers specialized loan programs tailored to first-time homebuyers, including down payment assistance options and educational resources to support a smooth homebuying process.
Contact us today to speak with our mortgage professionals and explore the best loan program for your needs.
States
is licensed to work in
Minnesota (MN-MO-20327218)
Contact Lender
1751 N Victory Drive Suite 500, Suite # 200, Mankato, MN 56001
(507) 8240 389
(507) 8271 389