Febuary 2025 – Valentine’s Giveaway
Valentine's Day Giveaway REGISTER & STOP BY FOR YOUR COMPLIMENTARY BOTTLE OF WINE! Stop by…
brixel@loansites.comJanuary 22, 2025
First Class Mortgage
Maple Grove, Minnesota // NMLS #322842
Welcome to First Class Mortgage
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.
What’s Popular Now
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!
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!
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!
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
1 year
years
TOTAL COST
YEARS
Costs over
Monthly Cost (after )Yearly Cost (after )Total Cost (after )
Rent
Buy
Difference
$0
$0
$0
Rent
Buy
Difference
$3,019
$92,453
$89,434
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)
- Down payment
- Closing costs (typically 2-5% of the home's value)
- 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
- 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
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.
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!
February 2025 – Homebuyer Game Plan
Homebuyer Game Plan Looking to buy a home in 2025? Join us for an informative…
brixel@loansites.comJanuary 21, 2025
May 2025 – Mother’s Day Giveaway
Happy Mother's Day! MOTHER'S DAY GIVEAWAY! Register Yourself or a Deserving Mom in Your Life…
brixel@loansites.comJanuary 10, 2025
May 2025: Maple Grove Race
Maple Grove Half Marathon A Nature Run, 10K & 5K RUN WITH US! - First…
brixel@loansites.comJanuary 10, 2025
June 2025 – Father’s Day Giveaway
Happy Father's Day! FATHER'S DAY GIVEAWAY! Register Yourself or a Deserving Dad in Your Life…
brixel@loansites.comJanuary 10, 2025
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
