Site Map Optimus Home Mortgage Home Page Optimus Home Mortgage is a brokerage located near downtown Minneapolis. Our loan products come from local and national wholesale funding companies. We shop these lenders for the best rates and programs for our clients- saving them hundreds at closing and thousands over the life of their loan... Home Loans We have hundreds of different loan programs to choose from. The following is a partial list... Loan process steps. Rate alert link. Your Credit Learn out credit score weighting and rehabilitation programs. We accept all credit types at Optimus Home Mortgage and strive to educate our borrowers about their credit and how it affects the loan process. Scores have a direct impact on rate and closing costs and therefore are considered the most important part of qualifying for a mortgage... Apply Now Apply by phone. Apply by fax with downloadable application. Submit mini application. Go to full secure loan application. Phone number, fax line. Applying by phone is the best way to start your loan application. We will discuss your goals, your credit and program options as we fill out the application together... Tools UnderConstruction Contact Us Mortgage hotline numbers. Office hours. Contact info. E-biz card sign up. Chat link. Submit quick note. Mortgage Hotlines Direct: 612.872.1686 Toll Free: 877.872.1686 Fax: 612.872.1168 The Loan Process Detailed description of the loan process. The first step in the mortgage process is the pre-qualification. This initial contact with the lender is where basic information about the income and debts of the borrower is gathered and a financial determination about how much house the borrower may be able to afford is given... Loan Programs Detailed description of the types of loan programs availble. These mortgages have fixed interest rates for the entire term of the loan and therefore, have the same payment from monthly to month until the loan is paid in full. The shorter the amortization term the higher the payment and the lower the rate. A shorter term will also have a greater amount payed toward the principal balance vs. interest each month... Rate Alert Sign up for an emailable alert when rates drop to your target number. Loan Wizard Tool to help you decide what type of loan is best for you. Loan Application Online secure loan application. Testimonials We welcome feedback from all our clients to ensure we can continually improve our service. Here is what some of them have had to say... Flash Site The fancy smancy animated version of our website. Privacy Policy The privacy of our clients information is important and described in writing. Optimus Home Mortgage does not share nonpublic or public personal information. We will continue to protect your privacy. Safeguarding your personal financial information and credit is as much a part of our business as originating loans. We recognize and are guided by the belief that protecting each person's right of privacy is fundamental to the quality of customer relationships. We cherish your business and the trust you place in us... Fair Lending Notice  We follow federal fair lending laws and the equal opportunity act. Related Resources  Appraisal, Real Estate, Realtor, Lawyer and other Mortgage Industry links. Locations  Cities, Communities, Neighborhoods and Zip Codes we serve in Minnesota. Mineapolis 55401, 55402... Credit Frequently Asked Questions  Over the years clients have asked many of the same questions about credit scores. Here are some of the most commonly asked questions and their answers. Q: What is a "good" score? A: Credit scores range from 300-850 and you get a score from each of the three credit bureaus... Free Credit Report Minnesota  You can always request a free copy of your credit report. Congress has passed the Fair and Accurate Credit Transactions Act, part of which mandates that consumers have a central place to obtain a free copy of their report from each bureau once every 12 months... Minnesota Mortgage News  Ramblings, News and Mortgage Industry linked articles... Home Ownership Accelerator Loan Minnesota  What is the Home Ownership Accelerator? The Home Ownership Accelerator Loan makes one simple change in your financial life. It combines your checking account with your home loan. So you flow all of your personal cash against your loan balance. Why is this a big deal? The money currently in your checking account earns close to nothing. In the Accelerator account, your money will "earn" your home loan rate (a much better return)...   Copyright © 2004 - 2007 Optimus Home Mortgage