Midwest Minnesota Community Development Corporation has announced its Top Lender Partners for 2018. These lenders have helped provide more home mortgage loans to date in 2018 than most of MMCDC’s 54 partners throughout Minnesota:
- Border State Bank
- Minnesota National Bank
- Community Development Bank
- United Community Bank
“We enjoy working with the lenders from all of these offices,” said Kathy Misson, MMCDC Vice President, Mortgage Lending. “We usually get very favorable comments from their clients in our customer satisfaction survey due to the high quality of service they receive from their community lender as well as the valuable products we are providing. We are thankful for all of these offices and looking forward to 2019!”
Together, the above banks helped 77 customers purchase, remodel and refinance homes in small communities throughout Minnesota. Borrowers received conventional and home improvement loans as well as USDA Rural Housing Loans, which offer a low down-payment requirement and expanded qualifying ratios.
“We are pleased to partner with these trusted community banks to connect their clients with a wider range of home loan products, and assist the local banks in remaining competitive,” MMCDC President Julia Nelmark said.
MMCDC provides in-house underwriting to its bank partners, offering a shorter time to closing, and offers long-term, fixed-rate products. It has consistently ranked as one of the top 10 providers of USDA Rural Housing loans in Minnesota and received an Outstanding Housing Partner Award from the Minnesota USDA Office in 2016.
For more information contact Kathy Misson, 218-844-7015, kmisson@mmcdc.com, or Karen Larson, 218-844-7013, klarson@mmcdc.com. Or, go to www.mmcdc.com/mortgage-lending/.
