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

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Below is a list of Mortgage Brokers - Mortgage Lenders in the Elk River, MN area. 

Elk River, MN Featured Mortgage Lenders

STANDARD LISTINGS   ( List Your Business Here - FREE!)
 
Allied Home Mortgage
Home loans for all credit types
Mark  Allan  -   (P)763-633-1900 x 26   (F)763-633-1901   
419 3rd St. - Elk River, Minnesota 55330
www.elkrivermortgage.com


Lakewood Mortgage, Llc
At Lakewood Mortgage we work with 50-60 different lenders to fit all your needs. We also feel its very important to provide personal and professional service.
Jessica Wehmhoff  -   (P)763-633-1400 X32   (F)763-633-1430   
19021 Freeport St Suite 500A - Elk River, Minnesota 55330
www.lakewoodmtg.com


   
 

 
Important Websites for Elk River, 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 4.56% -0.01%
15 Yr Fixed 4.03% -0.03%
1 Yr ARM 3.70% -0.04%
Fed Prime 3.25% 0.00%
30 Yr Tres 4.08% 0.00%
 
Important Information for the Elk River, Minnesota Area
County: Sherburne   Elevation: 900 ft   Timezone: CST
Latittude: 45.30389   Longitude: -93.56694
How many people live in Elk River (Population)? 16,447
How many homes are in Elk River (Housing Units)? 5,782
What is the Population Per Square Mile? 386
How many Housing Units Per Square Mile? 136
How big is Elk River, MN(Total Area)? 44 Sq M
How much water is in Elk River (Water Area)? 1 Sq M
How much land is in Elk River (Land Area)? 43 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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