Ready to buy, build, remodel or refinance your home?
Choose me, Shelly Zimmerman, your local mortgage loan expert serving Red Wing, MN along the Mississippi River and home to a historic downtown with the famous Red Wing Shoe store and plenty of outdoor activities.
I am familiar with the needs of those in the Red Wing area and excited to help people like you realize their dreams of home ownership with the variety of home loan programs and support we offer at Merchants Bank. Whether you are looking to purchase a home, build from the ground up or refinance your current mortgage, let’s get started.
Fill out the form below and I’ll follow up to learn more about your situation and which mortgage or home loan options make sense for you.
|15-Year Fixed Rate||2.150%||2.356%||$1300.88 .....Rates effective as of 10/25/2021|
|20-Year Fixed Rate||2.650%||2.810%||$1074.48|
|30-Year Fixed Rate||3.025%||3.138%||$845.91|
Subject to approval. APR = Annual Percentage Rate. Estimates below are based on a loan amount of $200,000 with 20% down payment (equity for refinance), prepaid finance charges of $2,900 and a credit score of 740. The actual rate available to you will be based upon your credit history and may be different than the rate disclosed. Rates are for the financing of a single-family primary residence with a 45-day lock. If the down payment/equity is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR. Rates also may be higher for cash-out refinances above 70% Loan-to-Value, non-escrowed loans, loan amounts below $100,000 and/or loan amounts greater than $548,250. 30-Year Fixed = 360 monthly payments. 20-Year Fixed = 240 monthly payments. 15-Year Fixed = 180 monthly payments. Payment does not include taxes and insurance and actual payment obligation may be greater.
Mortgage and Home Loan Programs
Finding a home that feels uniquely you, that’s important. Talk to your Merchants Bank mortgage expert about financing options to help realize your dreams:
- Mortgage pre-approval
- Conventional mortgages and home loans
- First time home buyer programs
- Construction loans
- Specialty mortgage programs like Veterans Administration (VA), Federal Housing Administration (FHA), Rural Development and more
- Mortgage refinance
Get to Know Shelly Zimmerman, Mortgage Lender
NMLS # 501121
The home-buying process can be daunting, and I want to make it as easy and smooth as possible. It’s my goal to provide an exceptional experience to every home buyer or builder that steps in my office, and with our fantastic processing and underwriting teams, I’m able to focus on that.
Shelly's Top Tip for Home Buyers: Ask lots of questions! It’s important to understand the decisions you’re making. Don’t worry about sounding silly, we’re experts in this industry and here to help you make sure you’re comfortable with the process.
Schedule an appointment with me
2835 South Service Drive,
Red Wing, MN 55066