National ATMsMortgage Loans
Whatever your stage in life, we can help make that house your home.
Magnifi is a top five mortgage lender in the state, known for excellent member experience and satisfaction. We provide you with a dedicated personal lender to assist you throughout the process, offering lower fees and simplifying every detail for a hassle-free experience.
Top-Rated Mortgage Experience
Members love our mortgage lenders! We have received a 4.8 out of 5-star rating for the mortgage experience.
Our Credit Union is one of the top five mortgage lenders in the state. We’ve closed over 10,000 mortgages. Our expert mortgage consultants average 15-25 years of experience per lender. We know the business—and know it well.
Magnifi is proud to be in the top percentile nationally in terms of member satisfaction. In fact, our members give us a far higher satisfaction score for our mortgage services than the industry averages.
Refinancing A Home
When you're ready to refinance your home to take out money or lower your payment, start here.
If the home fits, so should your mortgage.
Your Own Personal Lender
Magnifi is unique in that you are dealing with the same person from application to closing, which is not always the case. Your lender is dedicated to you throughout and after the process. So, any questions you have afterward can be answered by someone who already knows your story.
We Make it Easy For You
Some of the details are complicated; we make it simple and guide you through it.
Your first step: get pre-qualified with Magnifi in one business day. This will get the ball rolling, and you'll be in your new home in no time!
Free Personal Consultation
If a pre-qualification isn’t in the cards for you at the moment, that’s OK! We’ll work with you to create a plan with steps to take so you have a better chance of getting pre-qualified in the future.
Moving You Forward
We’re Local
Our local mortgage team means we can relate to your local values and help speed up the process to get to closing faster.
The Right Loan For You
Magnifi Financial offers many different types of loans. From traditional loans to various government programs, we’ll be sure to match you with the right mortgage for your needs.
Lower Fees
Instead of the typical 1% (or higher) origination fee for closing, Magnifi Financial has a flat origination fee, no matter how large your mortgage loan might be.
Mortgage Programs
Check out some of the mortgage loan options available with Magnifi Financial:
CONVENTIONAL
MORTGAGE
Traditional mortgage loans with fixed rates throughout the term of the loan.
ADJUSTABLE-RATE
MORTGAGE (ARM)
Mortgage Loans with variable interest rates which may fluctuate payments.
FIRST-TIME
HOMEBUYERS
Learn more about purchasing your first home and your options available.
RURAL
DEVELOPMENT (RD)
A USDA program to boost rural communities and offer appealing mortgage loans to buyers.
FHA
LOANS
Funds are available from the Federal Housing Administration to low-moderate income families.
HOMEREADY BY
FANNIE MAE
A program for credit-worthy low-to-moderate income borrowers or homes in low-income communities.
VETERANS
AFFAIRS (VA)
A VA loan helps provide home financing for eligible Servicemembers, Veterans, and surviving spouses.
ALTERNATIVE FINANCING
A program for self-employed borrowers who may have different sources or amounts of income.
Meet the Mortgage Team
At Magnifi Financial, our mortgage lenders, underwriters, and team members are all local to the Central Minnesota area. This means your mortgage loan can be processed quicker than typical banks who outsource their underwriting. And since our mortgage lenders are local to your area, you can meet with them however you want, over the phone, at a branch, or even through email.
Our team-based approach also ensures that the loan processing part is efficient and timely. Most loans close faster than the average mortgage loans at big banks.
Join the Magnifi Family!
At Magnifi, you're not just a member-owner of an award-winning credit union, you become part of the Magnifi family and receive all the benefits and perks you need to succeed financially.
