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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.
Yes! There are a number of bond programs that offer low or no down payment financing options.
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.
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.
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.
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.
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.
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.
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.

The Background That Makes This Realtor Genuinely Different
Alex Mysinek sat down with Marta Jackson, a Twin Cities area realtor with twelve years in the business and a professional background that sets her apart from virtually every other agent in the Minnesota market. A mechanical engineering degree. A marketing degree. Ten years at General Motors. Twelve years at Medtronic. A company she owned and eventually sold.
When the kids were through high school and the company was behind her she decided she wanted to be a real estate agent. She had been buying distressed properties and genuinely liked the work. The detail-orientation and systematic thinking she built across decades of engineering and corporate life transferred directly into how she approaches pricing, staging, client education, and transaction management.
The result is an agent who describes herself as a bit of a savant when it comes to pricing and who backs that up with twelve years of data and a client referral chain that now stretches back five or six people deep on individual transactions.
Why Pricing Is the Most Important Listing Decision
Marta leads with pricing strategy in almost every listing conversation because she has seen what happens at both ends of the mispricing spectrum. List too high and the home sits, loses momentum, and eventually sells below what it would have gotten with accurate initial pricing. List too low and sellers feel they gave the house away even if the final number was fair.
The market dictates price no matter what the seller believes the home is worth. Her job is to give sellers the right starting point, the right framework for understanding what a fresh buyer's eyes see when they walk through, and a clear plan of action that includes agreed-upon price reduction triggers before the listing ever goes live.
She is direct about how that conversation works when sellers want to price above what the data supports. She tells them she disagrees with the price, explains exactly what will happen at that price based on the market data, and then gets agreement on specific timelines and price reduction amounts before they go to market. If the seller will not commit to the plan she will pass on the listing rather than waste both parties' time.
The data on timing is clear and she uses it consistently. Homes that close approximately four weeks after listing sell above comparable homes. Homes that sit for eighteen weeks sell below. The window matters and using it correctly requires accurate pricing from day one.
How She Approaches the Listing Preparation Process
Marta goes through listings in detail. Her first pass covers staging with whatever the seller already has if it is usable or bringing in a professional stager when it is not. She is thoughtful about how she delivers feedback because telling someone their home has issues is a lot like telling them they have an ugly baby. They love it. They do not see what a fresh set of eyes sees.
Her approach is to ask sellers to look at their own home through a buyer's eyes rather than through the lens of twenty years of memories. What draws you in? What makes you want to walk through the door? What makes you want to walk away? The honest answers to those questions are what buyers will feel when they arrive for a showing and the staging, photography, and pricing all need to account for that reality.
Photos and staging are not afterthoughts. They are the difference between a home that generates immediate interest and one that lingers on the market while better-presented properties at similar price points move.
What She Does With First-Time Buyers Before They Ever See a House
Marta spends forty-five minutes to an hour with first-time buyers before they look at a single property. She covers what to expect throughout the process, how to interview a lender, how to interview a real estate agent including herself because she wants buyers to choose the right fit rather than defaulting to whoever they spoke to first, what to expect from an inspection, what closing costs actually look like, and what the state of the current market means for their specific situation.
She walks through market data specifically because buyers who do not understand whether they are in a seller's market, a buyer's market, or the more neutral environment that Minnesota is currently in cannot make informed decisions about offer strategy, inspection terms, or how much leverage they actually have.
The Minnesota Market Right Now
The Twin Cities market had a late start to summer in 2026. Activity did not kick in until mid-June, ran busy through June, went quiet after the Fourth of July, and picked back up through August with meaningful buyer activity and new listings coming on.
The most telling data point Marta watches is the relationship between new listings and price reductions. When she sees twelve hundred listings and seven hundred price reductions on the same dashboard it tells her that the well-priced homes are moving quickly and the ones with aspirational pricing are accumulating days on market. Buyers have a real opportunity right now because of that dynamic, particularly going into fall and winter when motivated sellers become even more flexible.
In the three hundred to four hundred fifty thousand dollar range multiple offers are still happening consistently. Above that threshold the market is more balanced and buyers have more room to negotiate. Understanding which price range a buyer is operating in and what the dynamics look like at that specific level is essential to building an offer strategy that wins without overpaying.
How She Navigates Cash-Constrained Buyers
For first-time buyers who are tight on cash the offer strategy requires prioritizing correctly. Marta is direct that sellers in active markets are not generally willing to concede on both price and closing costs simultaneously. Buyers who need closing cost assistance should focus their negotiating energy there rather than splitting it across price reductions that may not be achievable anyway.
She also coaches buyers on inspection framing in competitive situations. Rather than waiving the inspection entirely which she does not recommend she advises framing the inspection as pass-fail or limited to major issues above a specific dollar threshold. That framing gives sellers confidence that the buyer is not going to nitpick minor items after the price is set and it meaningfully improves offer competitiveness without exposing the buyer to undisclosed major problems.
She also noted that Minnesota has substantial down payment assistance resources at the state, county, and city level that first-time buyers frequently do not know exist. Layering those programs into the buyer's financial picture can make homeownership accessible at a significantly lower cash requirement than buyers assume.
The Biggest Mistake Buyers Are Making Right Now
Marta's answer is direct. They are looking for the perfect house and the eighty-twenty rule does not seem to be landing with many current buyers. No home will check every box. The fear of taking on a property that has any imperfection is keeping buyers from moving on homes that are genuinely good fits for their situation.
Her approach when buyers have been looking for a while and keep finding reasons to pass is to ask them to write down their top three non-negotiables. Not their wish list. The three things they absolutely cannot live without. Then she sits down and has an honest conversation about whether each item on that list is truly non-negotiable or whether it is actually something they want but could live without or address after closing.
Sometimes buyers want four bedrooms when they really need three bedrooms and a home office. Finding that clarity opens up inventory they have been filtering out unnecessarily. The conversation about what is truly non-negotiable versus what is aspirational is one of the most valuable things a buyer's agent can facilitate.
How She Built Her Business and How She Keeps It
When Marta started in real estate she went directly to the top agents in her office and asked if she could join them on listing appointments, showing appointments, and open houses. She did open houses for the top producers, covered for agents who were traveling, and made herself visible and useful within the brokerage. She also sent letters to everyone she knew, set up one or two coffee meetings a week with former Medtronic colleagues and parents from her kids' high school years, and let the referral chain start building.
Twelve years later the chain runs five and six people deep. That client who became a referral who became another referral who eventually referred someone else who referred someone else is the business model that sustains a mature real estate practice.
She maintains it through two handwritten notes per day Monday through Friday. Birthday notes, anniversary notes, or simply a note that says she has been thinking about someone. She also makes regular check-in calls to past clients just to see how they are doing. She estimates she stays in touch with the vast majority of her database consistently rather than chasing new leads while letting past relationships go cold.
She also emphasized Google reviews as a growing source of inbound leads. With sixty-something reviews she has started receiving calls from people who found her through search rather than through a personal connection. She recommends every agent make asking for Google reviews a standard part of their post-closing process.
What Marta Needs From Her Lending Partners
Availability is the primary requirement and she is direct about what that means. She does not work nine to five and her lending partners cannot either. When she is submitting an offer on a weekend she needs a lender who will do a customized pre-approval letter and who will proactively call the listing agent to advocate for her buyer before the offer is even reviewed.
She calls every lender on every offer she is seriously considering as a listing agent and she expects her buyers' lenders to do the same outreach when she is on the buy side. Lenders who do not take the time to make that call are leaving a significant competitive advantage on the table.
She also values lenders who work through problems rather than around them. Low appraisals require collaboration. She maintains a list of appraisers she considers unreliable and will reject an appraiser assignment and request a replacement when one of those names appears on a deal she is listing. She expects her lending partners to fight for reconsideration of value when the data supports it and to bring strong comps to that process rather than accepting a low appraisal as the final word.
How to Reach Marta Jackson
Call or text Marta at 612-770-7899 or email her at [email protected].
Alex Mysinek works with buyers and sellers across the Twin Cities on financing solutions including down payment assistance programs, non-QM options for self-employed borrowers, and conventional and government loan programs. Reach out to Alex Mysinek to connect on the lending side of any transaction.
Sources
MinneapolisAssociationofRealtors.com
NAR.realtor
MortgageNewsDaily.com
MinnesotaHousingFinanceAgency.gov
Investopedia.com
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