Your Local Mortgage Lender
Located in Edina, Minnesota
Personalized Mortgage Experience
Alex Mysinek offers personalized service and loan options you'll love. We shop multiple lenders to find the best rate and product for you, getting you into your dream home faster.
With wholesale interest rates and cutting-edge technology, we make the mortgage process seamless. Trust the experts who focus solely on mortgages. Support your local community and experience elite client service.
Let us help you achieve your homeownership dreams!
The Home Loan Process
Mortgage Pre-Approval
Get pre-approved from one of our Loan Officers to see how much you can afford.
House Shopping
Work with a trusted Real Estate Agent to find a home you would like to move into.
Loan Application
Complete your home loan application to get the lending process started.
Don't take my word for it
Mortgage Programs
Experience the best mortgage experience located in Edina, Minnesota.
Home Loan Options
Our experienced mortgage advisors will walk you through the best mortgage loan program that will fit your specific scenario.
Conventional Home Loans.
FHA Home Loans.
USDA Home Loans.
VA Home Loans.
Frequently Asked Questions
How often can I refinance my mortgage?
There is no limit to the number of times you can refinance. However, you must qualify every time you apply and there will be costs associated with closing the loan each time.
Can I buy a home if I do not have money for a down payment?
Yes! There are a number of bond programs that offer low or no down payment financing options.
How do I know which mortgage is right for me?
The key to choosing the right mortgage is to understand the range of options and features available to you, as well as your budget, circumstances, and goals. Our licensed mortgage professionals are here to help you navigate that process. The more you know, the more comfortable and confident you will be choosing the best option for you and your family.
How long will the loan process take?
The Truth in Lending Act (TILA) does not permit a lender to close a loan until at least seven (7) business days have passed from the date your application was received. A typical home loan takes 30 days, as a number of third-party services such as appraisals, title work, and credit are required in conjunction with the mortgage process. Once you familiarize your Loan Officer with the details of your specific loan scenario, they will be able to provide you with a more specific timeline.
Will I qualify for a home loan?
The only way to find out is to speak with a qualified mortgage professional. Our Loan Officers have helped numerous clients who didn’t know if they could qualify to become home owners. We take the time to understand your financial situation and long-term financial goals, and then match you with the loan program that best fits your needs. Your approval for a loan may also largely depend on the price of the home you are financing. Getting pre-qualified prior to beginning your home search can give you an idea of what you may be able to afford.
Why do people refinance their mortgages?
Homeowners typically refinance to save money, either by obtaining a lower interest rate or by reducing the term of their loan. Refinancing is also a way to convert an adjustable loan to a fixed loan or to consolidate debts.
How much money will I have to pay upfront to buy a home?
This question does not have a simple, one-size-fits-all answer. The exact amount will depend on the price of the home you buy as well the type of mortgage financing you choose. Depending on your loan program, your down payment could be as much as 20% of the home’s price or as little as 3%, while some loans require no down payment at all.
Can I get a mortgage after bankruptcy?
You may still qualify for a home loan even if you have experienced a bankruptcy. The best way to find out if you qualify is to talk with a Loan Officer to discuss your options. Be sure to bring all paperwork regarding your bankruptcy so your Loan Officer can find the program that best fits your situation.
Should I lock my interest rate now, or wait until we are closer to our closing?
Interest rates fluctuate all day, every day. If an interest rate is good, it may be in your best interest to lock now. If you wait, you run the risk of an increase in rates later. If you are concerned that rates may go down after you lock, contact your Loan Officer to discuss your options. Some programs allow you to lock for an extended period and choose to lower your rate should a better one become available.
Most Recent Blog Updates
Mortgage Applications Hit Multi-Year High: What Buyers on the Fence Need to Know
Mortgage Applications Hit Multi-Year High: What Buyers on the Fence Need to Know
Something shifted in the housing market last week, and most consumers missed it. Mortgage applications jumped 11 percent, hitting the highest level since 2022. Refinance applications alone climbed 14 percent. Numbers like that do not happen by accident, and they do not happen in isolation.
Alex Mysinek, a mortgage professional who watches these trends closely, says this is the kind of moment buyers should be paying attention to. The headlines are loud, but the signal underneath them is what actually matters.
What Is Driving the Surge
When application volume spikes this sharply, it usually means several market conditions have lined up at the same time. Right now, three big shifts are pushing buyers off the sidelines.
Inventory is rising in many markets, giving buyers more options than they have had in years. Sellers, especially those who have had homes sit on the market for weeks, are showing real willingness to negotiate on price and terms. Builders are cutting prices and offering incentives on new construction to keep their pipelines moving.
Alex Mysinek points out that none of these conditions tend to last forever. Buyers who have spent the last two years waiting for the right moment are starting to recognize that this is what the right moment actually looks like.
Why This Signal Matters More Than the Headline
It is easy to scroll past a headline about application volume and assume it has nothing to do with your situation. The truth is that this kind of jump is one of the most reliable real time signals the mortgage industry produces. It reflects actual people making actual decisions to move forward.
When that many buyers act at once, the rest of the market follows. Sellers gain confidence and pull back on negotiation. Inventory tightens as homes move faster. The conditions that made today attractive start to fade.
Alex Mysinek often tells clients that data moves before headlines do. By the time the major news outlets are reporting that the market has shifted, the best window has already closed for a lot of buyers.
The Hidden Cost of Waiting Another Month
Here is the part most buyers overlook. When mortgage applications spike, the entire processing pipeline gets busier. Lenders take longer to underwrite. Appraisers get booked out further. Title companies and inspectors have less flexibility on scheduling. Closings stretch from weeks into months.
Buyers who move right now are still ahead of the rush. Buyers who wait another 30 days will be standing behind every other buyer who decided to move at the same time. That delay can mean missing out on the home you want, losing leverage in negotiations, or paying for an extension when your closing date slips.
Alex Mysinek encourages buyers to think about timing not just in terms of the market, but in terms of how crowded the process itself is going to be in the coming weeks.
Why a Current Pre-Approval Changes Everything
If you are even thinking about buying in the next few months, the single most valuable step you can take this week is updating your pre-approval. A pre-approval from six months ago no longer reflects your current financial picture, and it does not carry the same weight with sellers.
A current pre-approval tells sellers you are serious, gives you a clear picture of what you can afford in today's market, and positions you to move quickly when the right home appears. In a market where speed matters, that preparation is what separates buyers who win offers from buyers who keep getting outbid.
The Bottom Line
The fence has always been the most expensive place to stand in real estate, and right now that cost is rising. Inventory will not stay this open forever. Sellers will not stay this flexible forever. The processing pipeline will not stay this manageable forever.
As Alex Mysinek often reminds buyers, the smartest move is not to react to the headlines. It is to read the signal underneath them and act before the rush.
If you have been waiting for a sign, this might be it. A quick conversation with your loan officer this week could put you ahead of the next wave of buyers instead of behind it.
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