Having a mortgage could prove to be the biggest and most important investment decision of your lifetime. Choosing the right mortgage is a critical part of the decision making. At Progressive Lending Solutions, in Roseville, MN we offer some of the most competitive mortgages in Minnesota and Wisconsin.
We know how overwhelming shopping for the best loan program can be, especially not knowing who to trust – but here at Progressive Lending Solutions, we will help develop your individual needs and then work with you on the programs that are available to find the right loan for you.
Conventional Fixed Rate Loans
Progressive Lending Solutions offers some of the most competitive fixed rate mortgages in Minnesota and Wisconsin. Whether you’re looking for a 10-year loan or a 30-year loan, a fixed rate conventional mortgage could provide financial stability in a world of economic uncertainty
Adjustable Rate Loans
Progressive Lending Solutions offers some of the most competitive adjustable rate mortgages (ARM) in Minnesota and Wisconsin. We can offer a 3/1, 5/1, 7/1 or a 10/1 ARM, with a 30 year amortization. Most of the time, adjustable rate mortgages have lower interest rates than the conventional fixed rate mortgage products.
FHA Loans are insured by the Department of Housing and Urban Development. FHA loans are a good option when minimum down payment is a priority. FHA requires up-front mortgage insurance, which can be financed into the loan, and a monthly insurance premium.
Veterans Administration Loans
Veterans Administration (VA) Loans are guaranteed by the Veterans Administration for a term of 15 to 30 years. VA loans are a good option for qualifying veterans to obtain 100% financing. VA loans require a funding fee which can be paid in cash or financed in the loan amount.
USDA Rural Development Loans
Progressive Lending Solutions offers some of the most competitive fixed rate USDA Rural Development mortgages in Minnesota and Wisconsin. To create down payment flexibility for our rural clients, USDA’s Rural Development program allows for LOW and NO down payment programs, lower mortgage interest premiums and low interest rates. The USDA Rural Development program offers 30 year fixed rates and are popular for buyers looking for homes in rural areas.
Non-Conforming Mortgages and Loans
These loans may include no income and no asset verification loans. There are many factors that can determine how the non-conforming loan is designed for the borrower. Some of the variables include: The borrower may not be able to document all, part of or any income at all. Asset verification may or may not be required and has to be reviewed on a case by case basis. Loans can be structured which requires less documentation. Credit problem borrowers are still eligible for certain non-conforming loan programs. (These may include late payments on outstanding debt, open judgments, collection accounts, and past due accounts.) The borrower may require cash-out of the refinancing. No P.M.I. required on most non-conforming loan products.
Plus Many Other Options...
We can help you with a custom loan, refinance, or home equity line of credit depending on your situation, start by getting prequalified.
Get prequalified to get into your Dream Home as planned. It's fast and easy.
“David Youngs always finds the best answer. Always!”
"David Youngs at Progressive Lending Solutions is the best place to get your mortgage. He can offer wholesale pricing, so no one can beat it, and he has access to every product I know of (and I'm in real estate.) Progressive Lending Solutions ranks extremely high on the BBB and David Youngs always finds the best answer for the client. Always! My experience with Progressive has been that they are fantastic communicators and they really are willing to spend the time to provide superior service. Not only will I refer others to them, this is where I will be going for my next mortgage and refinances."
Eden Prairie, MN
“We were blown away with David's Courteous Nature.”
David at Progressive Lending Solutions was a rock during the home buying process. We were first introduced through our Realtor and after researching a couple of other options we were blown away with David’s ingenuity and courteous nature. As a first-time homebuyer, you can imagine how many questions came up during the process. David was always available to assist and provided the information in a “user friendly” version so we were able to fully understand. Overall, the work David completed took our home buying process from potentially being a stressful, life wrenching experience to a smooth, comfortable transaction.
Adam and Bethany
West St. Paul, MN