From buying your first home to building your dream home, we can work with you and your budget to find the home loan solution that's right for you.
First Independent Bank offers residential lending in Central and Southern Minnesota. Our mortgage and lending solutions can be used for lake lot financing, a second home, or the dream home you've been wanting to build. We give you quick answers and exceptional service when looking for your home mortgage.
With a range of both in-house and secondary market mortgage loans for our customers, we provide mortgage and finance solutions with low closing costs and no application fees. Depending on your situation, the specific home you're buying or the area you're considering building, different home loan options are available. These loans include FHA, VA, USDA rural development, conventional home mortgages, conventional insured loans, and direct loans. If you're not sure which direction to go, our qualified lending team can help you determine the best option.
Some of the mortgage and various financing options that our bankers can discuss with you:
First Independent Bank offers a non-revolving loan based on the equity in your home. Put your equity to work to finance big purchases, home improvements, or debt consolidation. With competitive rates and amortized payments, home equity loans are a great way to leverage the work you've put in to make needed purchases.
Mortgage interest is tax deductible.
Would you like to fix up your house? Is it time to add on a garage or an extra room? Whether you need to insulate your home, replace some doors or windows, or shingle the roof, we have financing options available at competitive interest rates.
First Independent Bank offers a line of credit that can be used for any purpose based on the equity in your home. Put your equity to work with a HELOC from First Independent Bank.
If you are looking to build a new home, First Independent Bank is here to provide you with the right new construction loan. Building a home in Minnesota is possible because of the financing solutions that our bankers specialize in. We do new construction loans as well as remodel financing, and we have great single close construction loan options for homes all around Minnesota. Our experienced lenders are here to help you.
First Independent Bank also offers construction to permanent financing to build or remodel the home of your dreams.