First Minnesota Bank Named a Minnesota Housing Top Producing Lender for Home Improvement Loans
First Minnesota Bank was named a Minnesota Housing Top Producing Fix Up Lender at the Platinum Level for 2018.
“We’re very proud to be recognized as a Top Producing Lender,” said Cliff Simon, President of First Minnesota Bank. “First Minnesota Bank has been involved in the program for many years, and we’re glad to partner with Minnesota Housing to offer low cost financing in our communities.”
Minnesota Housing, the state’s housing finance agency, works with lenders around the state to help homeowners finance their home projects through the Fix Up Loan Program. This flexible and affordable program offers loans up to $50,000 for everything from furnaces to siding and kitchen remodels to windows. Homeowners can hire a contractor or do the work themselves, and longer repayment term options mean lower monthly payments. More information about Fix Up is available at www.mnhousing.gov/fixup.
The Minnesota Housing Top Producing Lender Program awards outstanding Fix Up lenders annually at three levels: Platinum, Gold, and Silver. Lenders meeting the threshold for each level based on regional production are recognized as top producers, and demonstrate a deep understanding of Minnesota Housing’s Fix Up Loan Program.
“The Fix Up Loan Program is a critical resource to preserve homes around the state. Our partnership with local lenders provides opportunities for families to improve their houses and help their communities thrive,” said Minnesota Housing Commissioner Jennifer Leimaile Ho.
Minnesota Housing collaborates with individuals, communities, and partners to create, preserve, and finance affordable housing. Find out more at www.mnhousing.gov. Follow them at www.facebook.com/minnesotahousing and on Twitter @mnhousing.