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United Minnesota Bank

Personal Home Loans

Home Purchase Loans

Dreaming of home ownership? Let us help. If you are looking to purchase your first home or a new home, we have a broad range of attractively priced products to meet your needs.

Construction Loans

Are you looking to build your dream home? We can assist in the process by setting up a construction loan to make the process as easy as possible.

Home Refinance Loan

Take advantage of the equity in your home by refinancing at a low, attractive rate.

Home equity loan

Get the money to meet all of today's needs and pay it back monthly over a length of time you choose. There a is a specific difference between a home equity loan and a Home Equity Line of Credit (HELOC). Home Equity Line of Credit (HELOC) - differs from a conventional home equity loan in that the borrower is not advanced the entire sum up front, but uses a line of credit to borrow sums that total no more than the amount, similar to a credit card.

At closing you are assigned a specified credit limit that you can borrow up to. A HELOC is a line of revolving credit with an adjustable interest rate whereas a home equity loan is a one time lump-sum loan, often with a fixed interest rate. Looking to purchase a cabin for weekend getaways; or maybe some hunting land so you can get the big one next year? Contact a Loan Officer today and we can help make those dreams come true.

*Home Equity Loan applications are not available online. Please contact a loan officer for information on how to receive an application.

Online Mortgage Application

Contact one of our qualified loan officers today to get more information on how we can help! New London – 320-354-2277