We offer refinancing for properties in Minnesota, North Dakota and Wisconsin. Choose from fixed-rate or adjustable-rate loans with flexible terms to meet your needs.
Traditional vs. Cash-Out Refinancing
If your goal is to reduce your payments by getting a lower rate, a shorter term, or more manageable monthly payments, then a Traditional Refinance is a good lower-cost option.
If your goal is to use the equity in your home and get cash at closing, then a Cash-Out Refinance might be right for you. It replaces your existing mortgage with a new, higher-balance loan whose terms can sometimes be more favorable than your current loan’s. The cash amount you get is the difference between these 2 loans.
A common use of the Cash-Out Refinance is to pay off higher-interest debt like credit cards. Other uses include home improvement projects, or other financing needs like college or medical bills.
Home Equity Alternatives
Our Home Equity Loan or Home Equity Line of Credit are alternatives to a cash-out refinance that might work for you. Learn more about our Home Equity options.
Title & Closing Services
Through our wholly-owned title company, Affinity Plus Title Company, we provide a streamlined closing process with clear and accurate title services.
Learn about our Title and Closing services