Find the mortgage that fits your life.

Traditional loans

Buying a home is one of life’s biggest milestones — and choosing the right mortgage can make it simple and stress-free. Our traditional loans offer clear, straightforward options that help you feel confident about your budget, your rate, and your next move. Whether you’re buying your first home, refinancing, or upsizing for more space, we’ll help you find the mortgage that fits your goals.
 








Fixed Rate Mortgage

A fixed-rate mortgage give you total predictability—your rate and payment never change, no matter what happens in the market. It's a smart choice if you pan to stay in your home long-term and want steady, easy-to-budget payments.
 
Benefits:
  • Protection from rate increases — no surprises or adjustments
  • Variety of flexible term lengths
  • Easy to plan for monthly expenses and future goals
  • Competitive rates with low origination fees (1% of loan amount, maximum of $1,500 )

Adjustable Rate Mortgage (ARM)

If you expect to move or refinance in a few years, an ARM can help you save with a lower initial rate. After the initial period, your rate may adjust — but our caps ensure those changes stay manageable.
 
Benefits:
  • Lower initial rate — smaller early payments free up your budget
  • Great for short-term homeowners — ideal if you’ll move or refinance before adjustments
  • Rate caps protect you from major payment jumps
  • Transparent schedule — you’ll always know when and how adjustments work
  • Local advisors to guide you through the timing and structure that fits best

Jumbo Mortgage

If you’re purchasing a higher-priced property, a Jumbo Loan helps you borrow beyond standard loan limits — without giving up flexibility or service quality.
 
Benefits:
  • Finance homes above conforming limits with confidence
  • Competitive jumbo rates and flexible terms
  • Fixed or adjustable options to match your comfort level
  • Local decision-making and servicing — no third-party lender handoffs
  • Personalized guidance from Minnesota-based mortgage experts









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Compare your options

Feature Fixed-rate Adjustable rate (ARM) Jumbo
Best for Staying long-term Moving or refinancing in a few years Higher-value home
Interest rate Stays the same Starts low, adjusts later Fixed or adjustable
Payment predictability Always the same May change over time Depends on the structure
Term flexibility Variety of term lengths Variety of term lengths Depends on structure
Loan size Up to conforming limit Up to conforming limit Above conforming limit
Origination fee 1% of loan amount, max of $1,500 1% of loan amount, max of $1,500  1% of loan amount, max of $1,500 
 

How it works

  1.  Talk with a Think mortgage advisor about your goals and budget
  2.  Get prequalified to understand your borrowing power
  3.  Choose the loan type that fits your life and lock your rate
  4.  Close on your new home with confidence — and enjoy personalized support every step of the way

Frequently asked questions


If you expect to move or refinance soon, an adjustable-rate mortgage (ARM) may be your best option. You’ll enjoy lower monthly payments during the early years of your loan.
We look at your full financial picture — not just your score. Many borrowers qualify with good or average credit. Talk with a Think Bank mortgage advisor to see what works for your situation.
A jumbo mortgage is for homes priced above standard limits set by Fannie Mae and Freddie Mac. These typically apply to higher-value properties in Minnesota. 
Yes. We make refinancing simple — whether you want to shorten your term, lower your rate, or take cash out for other goals.
















Expert insight

“Choosing between a fixed and adjustable mortgage isn’t just about rates, it’s about how long you’ll stay in your home and what gives you peace of mind. We walk through every scenario together before you decide.” – Molly, Mortgage Advisor, Think Bank
 

Customer experience 

“The mortgage process was smooth from the start to finish. My advisor was incredibly patient during my long home search, renewing my preapproval multiple times and answering every question quickly. They made the entire transaction easy and stress-free.” - Ben
 

Why choose Think Bank

  • Local decisions and service right here in Minnesota
  • Transparent rates and clear communication
  • Flexible loan options for every stage of life
  • Trusted advisors who truly listen and guide you
 

Local insight

Think Bank mortgage advisors live and work in the same Minnesota communities we serve — from Rochester to the Twin Cities. We understand local market trends, property values, and we also help customers who live, move or purchase homes in other states, including AZ, FL, IL, IN, IA, KS, MO, NE, ND, SD, and WI. 
 
 

Ready to find your perfect loan?

Call 1-800-288-3425 ext. 2507 or schedule an appointment with a Think Bank mortgage advisor.

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Home financing is available to existing customers, or new customers who live or work in Minnesota, for primary residences located in AZ, FL, IL, IN, IA, KS, MN, MO, NE, ND, SD & WI. 
 
Financing for investment properties is available to existing customers, or new customers who live or work in Minnesota, for properties located in the following southeastern Minnesota counties: Olmsted, Dodge, Mower, Fillmore, Winona, Wabasha, Goodhue, Hennepin, Carver, Scott, Dakota, Ramsey, Washington and Anoka.