Mortgage Rates
We keep our rates posted as a convenience to our customers, but they are subject to change at any time. Use our Calculators to help you weigh your financial options, then pre-qualify today.
When in doubt, please contact us to confirm rates. 507-775-2316
Mortgage Loan Rates
Rates Effective as of 01/01/2025 :**Pricing is based on a purchase with the loan amount of $250,000, 45-day lock term, single family primary residence, 750 credit score, 80% loan-to-value.
| 30 Year Fixed | 15 Year Fixed | |
|---|---|---|
| Interest Rate | 6.90% | 6.025% |
| APR*** | Call | Call |
| Payment Term | 30 years | 15 years |
| Estimated Prepaid Finance Charges**** | $2,150 | $2,150 |
| Loan Amount | $250,000 | $250,000 |
| Down Payment | 20% | 20% |
| Monthly Principal & Interest Payment** | Call | Call |
Rates Subject to Change
*Information displayed is accurate as of the date of the latest update and is subject to change without notice.
**The monthly payment amount displayed includes principal and interest only. The payment amount does not include homeowners insurance or property taxes which must be paid in addition to your loan payment.
***The displayed Annual Percentage Rate (APR) for the loan products shown reflects the interest rate and approximate cost of prepaid finance charges, including 1% of your loan amount to be applied to the origination charge, but does not include other closing costs or discount points.
****The approximate cost of prepaid finance charges does not constitute and is not a substitute for the Loan Estimate of closing costs (LE) that you will receive once you apply for a loan. This is not a mortgage loan approval or commitment to lend. The actual fees, costs and monthly payment on your specific loan transaction may vary and may include additional fees and costs.