Having a mortgage could prove to be the biggest and most important investment decision of your lifetime. Choosing the right mortgage is a critical part of the decision making. At Progressive Lending Solutions, in Duluth MN, we offer some of the most competitive mortgages in Minnesota and Wisconsin.
We know how overwhelming shopping for the best loan program can be, especially not knowing who to trust – but here at Progressive Lending Solutions, we will help develop your individual needs and then work with you on the programs that are available to find the right loan for you.
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Some Mortgage Types That We Offer
We’ll Find the Best Mortgage for Your Dream Home
Conventional Fixed Rate Loans
Progressive Lending Solutions offers some of the most competitive fixed rate mortgages in Minnesota and Wisconsin. Whether you’re looking for a 10-year loan or a 30-year loan, a fixed rate conventional mortgage could provide financial stability in a world of economic uncertainty
Adjustable Rate Loans
Progressive Lending Solutions offers some of the most competitive adjustable rate mortgages (ARM) in Minnesota and Wisconsin. We can offer a 3/1, 5/1, 7/1 or a 10/1 ARM, with a 30 year amortization. Most of the time, adjustable rate mortgages have lower interest rates than the conventional fixed rate mortgage products.
FHA Loans are insured by the Department of Housing and Urban Development. FHA loans are a good option when minimum down payment is a priority. FHA requires up-front mortgage insurance, which can be financed into the loan, and a monthly insurance premium.
Veterans Administration Loans
Veterans Administration (VA) Loans are guaranteed by the Veterans Administration for a term of 15 to 30 years. VA loans are a good option for qualifying veterans to obtain 100% financing. VA loans require a funding fee which can be paid in cash or financed in the loan amount.
Plus Many Other Options...
We can help you with a custom loan, refinance, or home equity line of credit depending on your situation, start by getting prequalified.
Start on Your Dream Home
Get prequalified to get into your Dream Home as planned. It's fast and easy.
What our Customers have to say:
“Rob made my first home purchase a very smooth process”
“Rob Running made my first home purchase a very smooth process. Rob was very knowledgable and very quick to respond to any questions that I had in a timely manner. We were up against the challenge of my debt to income ratio and Rob helped us pick the right mortgage for us. He was constantly keeping me in touch with what was going on with my loan throughout the entire process and made it a point to be at my closing to answer any questions that I had while finishing up my loan. I would highly recommend Rob Running and Progressive Lending Solutions to anyone looking to purchase a house!"
“I can't express how thankful I am for your help!”
“Rob, thanks so much for working with me on my home loan. You were great in explaining everything to me and always responding to my calls and emails. I will be referring you to everyone I know. You made it so easy! I can't express how thankful I am for your help!"
Grand Rapids, MN
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