Minnesota home loans
The right loan,not just the available one.
A bank can only offer its own products. As a broker, we compare loan programs and pricing from multiple lenders, then help you pick the one that fits your story.
Loan programs
Options for every kind of buyer.
Conventional
Flexible terms for buyers with solid credit, with low down payment options for those who qualify.
- Fixed and adjustable rates
- Primary, second homes and investment
FHA
Government-backed loans with more flexible credit guidelines. A favorite of first-time buyers.
- Lower down payment options
- Flexible credit requirements
VA
A benefit earned by eligible veterans, service members and surviving spouses.
- Down payment options for eligible buyers
- No monthly mortgage insurance
USDA
Rural development loans for eligible homes in many communities around Rochester and greater Minnesota.
- For eligible areas and incomes
- Great for small-town buyers
Jumbo
For higher-priced homes above conventional loan limits, shopped across lenders for competitive pricing.
- Larger loan amounts
- Fixed and adjustable options
Refinance
Lower your payment, shorten your term, or tap your equity with a cash-out refinance.
- Rate-and-term refinance
- Cash-out refinance
First-time buyers
We'll walk you through every step and look at down payment assistance programs available in Minnesota.
- Plain-English guidance
- Down payment assistance review
Self-employed & unique files
Business owners, commission income, recent job changes. Tough files are our specialty.
- Experience with complex income
- Lender options beyond one bank's box
Investment property
Financing for rentals and investment purchases across Minnesota.
- One- to four-unit properties
- Purchase and refinance
All loans subject to credit approval and program guidelines. Program availability and terms vary by lender and borrower qualification.
Common questions
Good questions to ask.
What's the difference between a mortgage broker and a bank?
A bank lends its own money and can only offer its own loan programs. A mortgage broker works with multiple lenders, so we can compare programs and pricing and match you with the best fit for your situation.
Does getting pre-qualified hurt my credit?
No. Our pre-qualification form doesn't pull your credit. If you decide to move forward to a full pre-approval, we'll explain exactly when and how your credit is reviewed.
How much do I need for a down payment?
It depends on the loan program and your situation. Some programs allow low down payments for eligible buyers, and Minnesota has down payment assistance options. We'll walk you through what you qualify for.
Can you help if my situation is complicated?
Yes. Self-employed income, tight closing timelines and unique properties are where experience matters most, and it's where we do our best work.
Not sure which loan fits?
That's what we're here for.
Tell us a little about your plans. No credit pull, no pressure.
Sonder Mortgage Group · 905 N Broadway Ave, Rochester, MN 55906 · (507) 398-8384 · hello@sonder.mortgage
Sonder Mortgage Group is a Minnesota DBA of Three Point Mortgage LLC, NMLS #2364254. Ryan Manley, NMLS #516976. Equal Housing Opportunity. This is not a commitment to lend. All loans subject to credit approval.