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First Class Mortgage - Maple Grove: Your hometown mortgage experts!

First Class Mortgage is a local family-owned business with the top loan officers in MN. Contact us today to buy or refinance your home! First Class Mortgage Maple Grove helps you buy your dream home by simplifying the mortgage financing process with personalized loan options that save you time and money.

Our team is licensed in MN, SD, WI, and FL.

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First Class Mortgage

Maple Grove, Minnesota  //  NMLS #322842

First-class service. First-class knowledge. A first-class experience. At First Class Mortgage, our team understands that each customer is unique, and we offer personalized attention to meet your specific financial needs. With our simplified mortgage process, buying or refinancing your home has never been easier. That’s why we pride ourselves on first-class service, knowledge, and experience. Trust First Class Mortgage for a top-rated, personalized mortgage experience.

Locally owned. Connected nationwide.

We are licensed in MN, SD, WI, and FL.

mgsales@firstclasscorp.com(763) 416-6789Meet Our Team

Why work with First Class Mortgage Maple Grove?

First Class Mortgage Maple Grove truly cares about what is best for you! From pre-approval to closing, our goal is to provide you with the best service while saving you money. First Class Mortgage Maple Grove provides a completely customized experience and will find the right loan program and best terms for you.

The most important part of our success is our clients and real estate agents who trust us every day to educate and advocate for them in the mortgage process. First Class Mortgage Maple Grove has multiple loan products, giving our clients more options, competitive rates, and low fees. Above all, First Class Mortgage Maple Grove is passionate about providing great customer service!

First Class Mortgage Team Photo
Casey Van Winkle Top Mortgage
Brady Day Top Mortgage

When you partner with First Class Mortgage, you’re helping bring a good night’s sleep to local families. 

More than a decade ago, First Class Mortgage collaborated with CROSS Services to create the Peace of Mind Fund, which provides beds and other financial support to local families in transition. First Class Mortgage is thrilled to match up to $15,000 every year.  Since the inception of the program, we have been able to match over $150,000 and over $300,000 raised.  

The Peace of Mind Fund aids local residents with housing expenses who are going through a financial loss due to unforeseen health, employment, or family hardship. Part of the funds donated also goes to the Peaceful Dreams Program which helps provide bed frames, mattresses, quilted bedding, and bedtime stories to local children who don’t have a bed and are sleeping on the floor.
https://crossservices.org/financial-assistance

Get started by using one of our FREE tools!

How the process works with First Class Mortgage Maple Grove

1

Documentation

There are a few critical documents we will need to verify to start your process.
2

Appraisal

The appraisal insures the home you are buying is worth the price that is being offered.
3

Initial Underwriting

The Underwriter will verify that all information is accurate and authentic.
4

Conditional Approval

Conditional Approval is granted when the Underwriter approves the loan under certain conditions.
5

Clear To Close

The Underwriter verifies that all documentation has been provided and all conditions have been met.
6

Closing

Signing the final documentation and receiving the keys to your new home!

Does renting or buying a home make more sense? Check out what is best for you by using our Rent vs Buy Calculator…

Our mortgage calculators are for demonstration purposes only and may not reflect actual numbers for your specific mortgage. Contact us and we will walk you through the best possible mortgage scenario for your specific needs!

$
$500 $10,000
$
$50,000 $2 Million
$
%
0% 80%
%
0% 20%
Credit Score
Advanced (optional)
Loan Term
$
%
0% 5%
$
%
0% 15%
$ /month
%
0% 5%
%
0% 5%
%
0% 5%
%
0% 5%
%
0% 10%
%
0% 10%
$ /year
Buying is cheaper than renting after
If you buy a house, after 3 years it will cost you $58 more per month and $5000 more in total than if you had rented. But you will own in equity of your home with an appreciated value of . If you buy a house, after 3 years you will have saved $58 per month and $5000 in total than if you had rented. You will also own in equity of your home with an appreciated value of .
Buying will never be cheaper than renting

Home equity after
RENT: $0
BUY: $0
years
Total cost over years
TOTAL COST
YEARS

Costs over

Monthly Cost (after )
Rent
Buy
Difference
$0
$0
$0
Yearly Cost (after )
Rent
Buy
Difference
$3,019
$92,453
$89,434
Total Cost (after )
Rent
Buy
Difference
$3,019
$92,453
$89,434
Estimated Costs

These costs are estimated based on the information under the advanced section. You may adjust these values to suit your particular situation in order to get a more accurate estimate.
Monthly mortgage payments
$
Homeowner's insurance
$
Private Mortgage Insurance
$
HOA dues
$
Property tax
$
Home repairs
$
Renovations
$
Closing costs
$
Yearly rent increase
%
Rental insurance
$
How We Calculate the Costs

Calculating the Cost of Renting The cost of renting is relatively straightforward to calculate. It primarily includes your monthly rent payments and a few additional expenses:
  • Monthly rent payments
  • Security deposit (typically equal to one month's rent)
  • Renters insurance (annual premium)
Calculating the Cost of Buying The cost of buying a home is more complex and includes both one-time and ongoing expenses: One-time Costs:
  • Down payment
  • Closing costs (typically 2-5% of the home's value)
Ongoing Costs:
  • Monthly mortgage payments (principal and interest)
  • Property taxes
  • Homeowners insurance
  • Private Mortgage Insurance (PMI) if applicable
  • HOA fees (if applicable)
  • Maintenance and repairs
  • Home improvements and renovations
Assumptions Our calculator makes several assumptions to provide a comprehensive comparison:
  • Annual home appreciation rate: %
  • Annual rent increase: %
  • Renters insurance: $ per year
  • Home maintenance and repairs: % of home value per year
  • Home improvements and renovations: % of home value per year
  • Selling costs when you sell the home: % of home value
These values can be adjusted in the advanced settings to better reflect your specific situation.The calculator takes all these factors into account over the specified time period to determine whether renting or buying is more cost-effective in your situation. Keep in mind that this is a simplified model and your actual costs may vary based on your specific circumstances and local market conditions.

Check out our other mortgage calculators

Access our top-rated mortgage calculators to expertly assess your financing options, compare various loan types, and make informed decisions for your home buying journey.

Affordability Calculator

Assess how much home you can afford based on your income, expenses, and desired down payment.

Early Payoff Calculator

See how making extra payments can help you pay off your mortgage faster and save on interest.

Rent vs Buy Calculator

Compare the costs of renting versus buying a home to determine the best financial decision for your situation.

Rate Buydown Calculator

Check out how much you can save with a seller-paid rate buydown.

Repayment Calculator

See what your monthly payment could be with our general repayment mortgage calculator.

Mortgage Comparison Calculator

Compare different mortgage options side by side to find the best fit for your financial needs.

DSCR Investor Calculator

See what your investor ratio is with our DSCR calculator.

Refinance Comparison Calculator

Evaluate the potential savings and costs associated with refinancing your existing mortgage.

Adjustable Rate Mortgage Calculator

Determine your potential monthly payments and interest costs for an adjustable-rate mortgage over time.

VA Calculator

Estimate your monthly payments and total costs for a loan backed by the Department of Veterans Affairs.

Jumbo Calculator

Calculate your monthly payments and total costs for a jumbo mortgage that exceeds conforming loan limits.

FHA Calculator

Determine your potential monthly payments and total costs for a Federal Housing Administration loan.

Conventional Calculator

See the monthly payment and total cost for a conventional mortgage loan.

USDA Calculator

Calculate the costs and monthly payments associated with a USDA Rural Development loan.

203k Renovation Calculator

Analyze your debt service coverage ratio to evaluate the profitability of an investment property.

800+ 5-star reviews

speak for themselves!

“I have worked with First Class Mortgage three times and each time has been better than the last, PURELY excellent each time. Brady Day and his team are wonderful to work with. They have good insights and I trust them.”

Carol M.Minnesota

Check out some of First Class Mortgage’s upcoming events!

FCM is thrilled to announce our sponsorship of the MN Wind Chill.  We’re inviting you and your family to experience the thrill of your FIRST GAME on us.

Interested in seeing your first-ever professional ultimate frisbee game, this offer is for you. Simply reach out via call or email to claim your tickets.
CALL: 763.416.6789 or EMAIL: admin@firstclasscorp.com

Check out the Wind Chill Website here: shop.windchillultimate.com

A few highlights from our past events….

Thank you to our amazing clients!

We had an absolute blast with our
2024 Turkey Giveaway

Check out our
2024 Fall Festival

Check out our
Maple Grove Lions Half Marathon, 10k, and 5K Race

Check out our
2023 Fall Festival

Check out our
2023 Turkey Giveaway

Check out our
2022 Fall Festival

Check out our
2022 Turkey Giveaway