North Mankato, Minnesota (MN) Mortgage Brokers
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  Below you will find a list of mortgage resources for North Mankato, Minnesota. This list will help find mortage brokers in North Mankato, MN to assist you with your home loan needs.
   

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Below is a list of Mortgage Brokers - Mortgage Lenders in the North Mankato, MN area. 

  FEATURED MINNESOTA MORTGAGE BROKERS    ( List Your Business Here )
 
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Mortgage Express
Mortgage Express was founded in 1995. Mortgage Express has grown in the last 9 years to currently licensed in 11 states and have 18 branches with a total of 115 employees. 125% refinance & 107% purchase loans available. Mortgage Express Offers for both Purchases & Refinances. Fannie Mae/Freddie Mac, DU and LP, FHA/VA, Sub-Prime, Alt-A, Manufactured Homes.
Dennis Olsen  -   (P)507-386-7994   (F)507-386-7997   
237 Belgrade Ave. - North Mankato, Minnesota 56003
www.mortgageexpress.bz


   
 

 
Important Websites for North Mankato, Minnesota
 National Association of Mortgage Brokers
 Mortgage Bankers Association
 Mortgage Association of Minnesota
 Minnesota Department of Commerce
 Mortgage Association of Minnesota
 NATIONAL  AVERAGES CURRENT CHANGE
30 Yr Fixed 6.47% -0.05%
15 Yr Fixed 6.00% -0.07%
1 Yr ARM 5.29% 0.11%
Fed Prime 5.00% -0.25%
30 Yr Tres 4.44% -0.03%
 
Important Information for the North Mankato, Minnesota Area
County: Nicollet   Elevation: N/A ft   Timezone: CST
Latittude: 44.17333   Longitude: -94.03361
How many people live in North Mankato (Population)? 11,798
How many homes are in North Mankato (Housing Units)? 5,046
What is the Population Per Square Mile? 2,503
How many Housing Units Per Square Mile? 1,070
How big is North Mankato, MN(Total Area)? 5 Sq M
How much water is in North Mankato (Water Area)? 0 Sq M
How much land is in North Mankato (Land Area)? 5 Sq M
  **Informational Purposes Only - If you find incorrect information please email us.
 
 
  Mortgage Tip #3: Consider a 15 Year Mortgage Over a 30 Year Mortgage

A 15 year mortgage will likely raise your monthly but can save you thousands in interest expense.

Example:

30 year mortgage on $150,000 at 6.5% - Over 30 years you will pay a total of $191,317 in interest.

15 year mortgage on $150,000 at 6.5% - Over 15 years you will pay a total of $85,199 in interest.

As you can see from this example the 15 year mortgage will save you $106,118.
  		 
 
   
 
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