President & Home-Financing Expert

Hey, I'm Mike Louden!

After years of helping homebuyers secure financing tailored to their unique needs, I’ve developed a passion for simplifying the mortgage process. My journey began with the same questions my clients have today:

How can I get financing that truly fits my situation?

Along the way, I've learned that the answer lies in personalization and clear, straightforward advice.

As a local mortgage broker, I’ve worked with hundreds of clients across multiple states to navigate the complexities of FHA, VA, USDA, and conventional loans, as well as specialized financing options. I’m committed to breaking down each option in a way that’s easy to understand — so you can make informed decisions confidently.

Through a mix of industry knowledge and the latest tech, I ensure the process is smooth, with less stress and more clarity. For me, it’s not about pushing loan products; it’s about empowering you with the right information so you feel secure at every step.

If you're ready for a personalized approach to financing, without the industry jargon or endless paperwork, I’m here to help you start that journey.

Company NMLS: 1792270

Personal NMLS: 400921

Why Clients Love Our Mortgage Broker Services

Frequently Asked Questions

What is an APR?

The APR is the yearly cost of a loan, including fees and points. It’s higher than the advertised rate and helps you compare loan offers. It doesn’t affect your monthly payment but shows the total loan cost.

When should I refinance?

Refinance when rates are 1-2% lower than your current loan. Even a small rate cut can save you money. For example, lowering a rate from 8.5% to 7.5% on a $100,000 loan could save you $70 per month.

What documents do I need to prepare for my loan?

You’ll need pay stubs, W-2s, tax returns, bank statements, and info on current debts. More documentation may be required based on your financial situation.

What is an appraisal?

An appraisal estimates a property's value to ensure the loan amount doesn’t exceed the home’s worth. It’s done by a licensed professional before loan approval.

How is my credit judged by lenders?

Lenders use credit scores to judge your creditworthiness, based on payment history, outstanding debt, credit length, and new credit applications. Scores range from 350 (high risk) to 850 (low risk).

Should I pay points to lower my rate?

Pay points if you plan to stay for a few years. It lowers your interest rate and monthly payments. If you’ll move soon, you might not save enough to cover the upfront cost.

Book a Home Buyer Consultation

Ready to Take the First Step Toward Your New Home?

Book a free homebuyer consultation today to get personalized advice, explore your options, and start on the path to your new home!

We've been helping clients afford the home of their dreams for many years and we love what we do.

Company NMLS: 1792270

Personal NMLS: 400921

NMLS Consumer Access

Contact Info

285 1st Ave E, Shakopee, MN 55379

(952) 353-5399

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