When you purchase financing from First Bank Elk River Mortgage, you’re getting more than just a loan. You’re establishing a relationship with local individuals that have years of experience in the industry.
When you purchase financing from First Bank Elk River Mortgage, you’re getting more than just a loan. You’re establishing a relationship with local individuals that have years of experience in the industry.
Doug Savaloja offices out of our Main Office at 812 Main St NW in Elk River. Contact him at 763-433-3843, or dSavaloja@fnber.com to get started today! NMLS #431486
We look beyond the initial numbers you’ll find in automated pre-qualification calculators to make sure you end up with a loan that’s right for you both in the short-term and the long-term.
You have other things to do with your time. We’ll equip you with tools and checklists to make sure you know exactly what to expect and we’ll provide you with ongoing updates using the communication method of your choice (e-mail, phone, face-to-face, etc). Live your life while we take care of your loan.
Begin the process today by contacting us online. We look forward to serving you.
The First Bank Elk River Mortgage process is intended to provide quality products in a timely fashion. Preparation is key to ensure a stress-free process, so here’s a quick breakdown of the steps in the process:
If you’re going to sell the house in a few years, you may want to consider an adjustable or balloon loan in order to obtain a lower short-term interest rate. On the other hand, if you plan to keep the house for a longer time, you may want to look at fixed loans so you won’t have to worry about fluctuations in the market.
Points are considered to be prepaid interest and are tax deductible. Each point is equal to one percent of the loan. So, for example, one point on a $150,000 loan is $1,500. The more points you pay, the lower the rate you will get.
Loan programs offer different rates, terms, points and fees. We have a wide variety of programs, with new ones coming out all the time. Talk with a First Bank Elk River Mortgage Banker to review the details of several options before you decide on a specific loan.
Check out our current mortgage rate sheet for more information.
Registered with the Federal Registry
under the SAFE ACT
The Secure and Fair Enforcement for
Mortgage Licensing Act of 2008
As of January 2023
Mortgage Loan Officer | Mortgage Loan Officer Number |
---|---|
First Bank Elk River | 408946 |
Angela Christenson | 884897 |
Angie Rasmussen | 712633 |
Becky A Elifrits | 521593 |
Becky Wiehoff | 1880164 |
Chad Vitzthum | 1470027 |
Chris Randall | 682454 |
Courtney Madden | 2128280 |
Doug Savaloja | 431486 |
Jeffrey P. Mueller | 1661557 |
Heidi L Jensen | 2374281 |
Kevin Steffensmeier | 110423 |
Lynn Norris | 2039962 |
Scott Fritz | 1883280 |