2023 Super Jumbo Loan Limits for Park-Rapids, Hubbard County,Minnesota
In Park-Rapids, located in the county of Hubbard, MN, the pursuit of a Jumbo loan surpassing $647,200 necessitates a minimum down payment of 10%. Lendersa® provides a broad list of lenders including both portfolio and Non-QM lenders, who are capable of arranging Jumbo loans up to $3,000,000. For individuals of high net worth, super jumbo loans may extend up to $35,000,000, offering extensive borrowing potential.
The conforming high balance loan limits are established as follows: for a single-family residence, the limit is $647,200; for properties consisting of 2-units, the cap is $828,700; for homes with 3-units, it is fixed at $1,001,650; and for 4-unit buildings, the top limit is $1,244,850.
Utilize our Jumbo mortgage rate calculator to explore current rates and pinpoint the necessary down payments, income criteria, credit assessments, reserves, and required documentation for qualification.
The core mission of Lendersa® is to secure the optimal jumbo loan tailored specifically to your financial needs. Select from one of three initial pathways to align with lenders offering programs that best suit your profile.
Through Lendersa®'s effective Jumbo mortgage calculator, you can compare various lenders to identify the most favorable Jumbo refinance rate available or to acquire a Jumbo loan ranging between $1,500,000 to $25,000,000.
Leveraging data from thousands of Jumbo lenders, Lendersa® efficiently matches these options against your unique financial profile to deliver customized loan solutions catered to your specific needs and preferences.
Northwoods Bank of Minnesota has an interesting history. Chartered over a century ago in the small town of Dorset MN, the bank successfully navigated through the depths of the depression, the expansion years of the 1980’s and 1990’s, a charter re-location and name change, and most recently, the “great recession”.
On January 1, 1933, a group of dedicated community leaders began providing full service banking to the Park Rapids area when the doors were opened at the Citizens National Bank of Park Rapids. One of those involved in that achievement was Harold Bishop of Bishop's Department Store.
All loan decisions are made locally. The bank believes in personal service that starts with friendliness and a sincere desire to be helpful. Although their equipment and services are as advanced as any, the bank extends old-fashioned personal attention to its customers. The bank remains independent and family-owned and continues to grow.
Clearwater county was in its infancy in 1903 when Albert Kaiser, Sr, an already established businessman and banker, came to Bagley and helped organize First National Bank on Main Street.
On June 2, 1903, with their application for Charter approved, First National Bank opened its doors for business;
Midwest Minnesota Community Development Corporation
119 Graystone Plaza, Suite 100, Detroit Lakes, MN, 56501
MMCDC is a leading private nonprofit company providing commercial and home mortgage lending, as well as housing, business and community development services throughout Minnesota and the Midwest. We are also the parent company of a reservation-based bank and a reservation-focused community development company.
1135 Washington Ave, Suite 100, Detroit Lakes, MN, 56501
Principle Mortgage Group, Inc. is a wholesale Mortgage Broker committed to providing our clients with great customer service combined with great rates. Whether you are first time home buyer, purchasing your dream home, refinancing an outstanding loan, or consolidating debt, our highly experienced mortgage professionals
The First National Bank North has served local communities since 1902 and now serves several Minnesota Communities. At First National Bank North, we are invested in the growth and success of the Minnesota Communities we serve. As we continue to grow and provide the newest features to our customers, whether that be e-statements, mobile banking.
Farmers & Merchants State Bank of New York Mills, Incorporated
11 Walker Avenue North Otter Tail, New York Mills, MN, 56567
Farmers & Merchants State Bank is a local bank serving our community’s financial needs with quality products and services. We are committed to exceeding our customers’ expectations with our friendly and professional staff. As a local, independent bank, we do not offer risky products and we pride ourselves on knowing our customers
We believe people come first.
We believe exceptional customer service can be expected.
We believe that starting your day with free coffee, cookies, or even movie-theater popcorn, makes for a great day.
We believe offering a full range of innovative commercial and personal financial products
At Dawson Home Mortgage we strive to give our customers competitive rates and offer a broad range of products giving you the top notch service you deserve.As a customer you will be treated as an individual and not just another number. We will walk you through every step of the way making sure your loan is processed on time.
First National Bank Bemidji has served Bemidji's businesses and families. We are a community bank – investing in local people and their dreams – and celebrate the successes that enhance our quality of life. We'll always be Bemidji's Bank because we are owned by employees, ensuring that we will be your banking partner for generations.
Security Bank USA is a full-service community bank that measures our success by the success of our customers. Our goal is to make your life easier by providing you with personal and professional financial specialists who understand your needs. Our mission is to make Security Bank USA the preferred banking destination for our customer