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Contact Information
Tim Smith
Senior Loan Officer
Direct: (320) 529-4230
Email: Send Email
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Types of Loans

Secondary Home Purchases and Residential Investment Properties

  • Quick pre-qualifications to purchase 1-4 family residential properties.
  • Affordable closing costs, competitive rates, and customized payments to fit your needs.
  • Cash out refinancing available for personal or business purposes.
  • Vacation homes and lake cabins financing anywhere in-state with local closings and servicing.

Conventional Mortgage Loan

  • Purchases & Refinancing:  Best pricing for interest rates on 30 year, 20 year, 15 year, 10 year fixed rate loans or 10 and 7 year adjustable rate loans.
  • Pick your amortization 8-30 years.

Veterans Affairs (VA) Loan

  • Purchases:  100% home financing for qualified veterans, no monthly mortgage insurance, loans are assumable.
  • Refinancing: Regular refinance to 95%, existing not need be VA. Streamline option (IRRRL) with no appraisal or income verification.

Federal Housing Administration (FHA) Loan

  • Purchases:   Home financing with only 3.5% down payment, require 620 credit score.
  • Refinancing: Regular refinance up to 97.75%. Streamline refinance option with or without appraisal, no income qualifying.

Rural Development (USDA) Loan

  • Purchases:  101% financing (with 1% fee) for area population sizes under 35,000, minimal annual fee paid monthly, household income restrictions per county.
  • Refinancing: Streamline refinance option without appraisal.

New Construction or Home Improvements

  • Flexible terms to suit your needs during construction.
  • Local decision making and servicing.
  • One-time close program with numerous permanent loan options.
  • Save yourself thousands with our one time close construction loan. Call today for more details! 
  • Knowledgeable lenders to coordinate transition to permanent financing.

Home Possible Program

  • Purchases: 95% financing with reduced monthly mortgage insurance. Down payment can be gifted. County income limits apply.

HARP Program

  • Refinancing: 200% of first mortgage for Fannie/Freddie originated loans prior to June 2009, appraisal waivers in most cases, no mortgage insurance if none with existing loan.
  • Eligible properties include primary, 2nd home, and investment properties.

Jumbo Loans

  • Fixed or variable interest rate options for mortgages greater than $424,100.
  • Up to 90% financing available.

Home Equity Lines of Credit

  • Revolving line of credit with monthly payments of interest only.
  • Available to owner and non-owner occupied property.
  • Can combine with 1st mortgage to avoid mortgage insurance.

Minnesota Housing Finance Association (MHFA) Fix Up Loans

  • Improvement costs to upgrade the livability, accessibility, or energy efficiency of your home, including any new additions and renovations.
  • Up to $50,000 and 110% financing.
  • Secured and unsecured loan options.

Land Purchase Loans

  • Financing for any residential lot or rural acreages.
  • Receive credit toward construction financing or permanent financing when you are ready to build.


Tim Smith, Senior Loan Officer NMLS #533151
2915 2ND ST. S, ST CLOUD, MN  56302
Direct:  (320) 529-4230
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