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Every situation is different and today's real estate market is high competitive. Being organized and ready to move on a good opportunity can make all the difference in the world. Our team of Lending Advisors can help guide you through the process of obtaining the right type of loan for your individual needs. Learn more about their experience and schedule a time to meet with them individually in the menus below.
Sherezada has over 5 years of experience in the financial services industry, as well as experience in business management. She received a Master’s degree from the University of Guadalajara in Mexico! Sherezada loves to be part of the financial journey of our members by helping them to achieve their dream of owning a home. She loves to see their big smiles and the bright future ahead of them! When she’s not helping our members, Sherezada enjoys spending time with her husband, daughter and her long hair rottweiler doing outdoor activities. (habla español).
I can help you with...
Please use the calendar below to select and book a time to meet and discuss your financing needs. I look forward to meeting with you!
Kandace Amazi has been a Lending Advisor with First Alliance Credit Union for over 2 years. Kandace received her bachelor’s degree at Minnesota State University in Mankato. She enjoys working with members to help find financial solutions to fit their life. Kandace is a big animal lover and she enjoys hiking with her dog in her free time.
I can help you with...
Please use the calendar below to select and book a time to meet and discuss your financing needs. I look forward to meeting with you! 
Whether you’re ready to buy, build, or refinance your home we want you to feel confident about the process. That's why we offer a number of different mortgage options and terms, plus award-winning, expert advice to connect you with the right mortgage for you, your budget, and your home ownership goals.
Our mortgage products and programs include:
You can save money when you refinance your home!
Simply complete our online mortgage application to get started refinancing your home.
Quick Facts About Closing Costs
Mortgage loans have several costs associated with them that usually run between 2-5% of the loan amount, these are called closing costs. Some of the most common closing costs can include:
Find out about other mortgage closing costs here.
Quick Facts About Down Payments
You don’t technically have to have a down payment on your mortgage, but if you do have one you’ll be showing lenders that you’re financially prepared to buy a home. It will also increase the size of the home you can afford, or help you buy a home in a better location. The average down payment is between 3% and 5%.
If you can't put down at least 20% of the house you’re buying, you may have to add Private Mortgage Insurance (PMI) to the loan. This can add several hundred dollars a month to your mortgage payment, so it’s best to avoid having PMI, if you can. Talk with us about your down payment options, we have a variety of workable solutions.
You can use gift funds such as wedding presents or monetary gifts from family, although special rules often apply. Please let us know if you plan to use any gift money to buy your home.
You can check out current rates for First Mortgages here. We updated these rates weekly.
Please call us for our most current mortgage loan rates or if you had additional questions: 507-288-0330.
Please call us for our most current construction loan rates: 507-288-0330.
Click here to use our simple mortgage loan payment calculator to estimate your monthly mortgage payment.
Explore our wide variety of mortgage resources and feel free to contact us with questions.
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