White Bear Lake, Minnesota (MN) Mortgage Brokers

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  Below you will find a list of mortgage resources for White Bear Lake, Minnesota. This list will help find mortage brokers in White Bear Lake, MN to assist you with your home loan needs.
   

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Below is a list of Mortgage Brokers - Mortgage Lenders in the White Bear Lake, MN area. 

  FEATURED MINNESOTA MORTGAGE BROKERS    ( List Your Business Here )
 
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Investment Funding of Minnesota, LLC
Full Service Mortgage Broker
Mike Striker  -   (P)(651) 748-0665   (F)(651) 770-0614   
2000 Cty. Rd. E - White Bear Lake, Minnesota 55110
www.usequitiesmn.com


   
 

 
Important Websites for White Bear Lake, 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 6.40% -0.07%
15 Yr Fixed 5.93% -0.07%
1 Yr ARM 5.33% 0.04%
Fed Prime 5.00% -0.25%
30 Yr Tres 4.38% -0.01%
 
Important Information for the White Bear Lake, Minnesota Area
County: Ramsey   Elevation: 950 ft   Timezone: CST
Latittude: 45.08472   Longitude: -93.00972
How many people live in White Bear Lake (Population)? 440
How many homes are in White Bear Lake (Housing Units)? 234
What is the Population Per Square Mile? 13
How many Housing Units Per Square Mile? 7
How big is White Bear Lake, MN(Total Area)? 35 Sq M
How much water is in White Bear Lake (Water Area)? 2 Sq M
How much land is in White Bear Lake (Land Area)? 33 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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