FINANCING

TRUSTED LENDERS

To go more in-depth about all things home financing I recommend reaching out to one of my trusted lenders. They’ll be able to talk about terms, credit scores, and what might make sense for your current financial situation regarding the purchase of your next home.

  • Erik Kolz

    Guaranteed Rate Affinity

    952.844.6557 | erik.kolz@grarate.com

    Get in Touch

  • Ryan L. Mouw

    MinnTrust Mortgage, LLC

    612.840.0294 | ryan@minntrust.com

    Get in Touch

  • Diane Wallenta

    First Bank & Trust

    612.875.7414 | diane.wallenta@bankeasy.com

    Get in Touch

  • Karl Schlichting

    US Bank

    651.503.3286 | karl.schlichting@usbank.com

    Get In Touch

COMMON LENDING TERMS

Down Payments
0 to 20% of the purchase price depending on your qualifications and your loan choice.

Earnest Money Deposit 
The money put down when a contract is written - it usually goes into an escrow account. Usually 1% of sale price.

Lender Fees 
Includes charges for loan processing, underwriting and preparation.

Third-party Fees 
Includes charges for insurance, title insurance, title search, appraisal fees and other inspections.

Government Fees 
Includes deed recording and state mortgage taxes.

Escrow & Interest Fees 
Include homeowner's insurance, loan interest, real estate taxes, home warranties and prepaid interest.

Property Taxes
Capital tax based on the estimated value of the property.

GET IN TOUCH

Laura Lee Berger

LLBerger@cbburnet.com | 952.212.8568

17305 Cedar Avenue S. #100 Lakeville, MN 55044