First Class Mortgage
Maple Grove, Minnesota // Â 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 top MN loan officers. Exceptional customer service is at the heart of what we do, ensuring a smooth and stress-free home financing experience. We simplify buying and refinancing with personalized loan options that save you time and money.
Our team is licensed in MN, SD, WI, and FL — Contact us today!
First Class Mortgage 20th Anniversary
CELEBRATING 20 YEARS
20 Years of Trust, Service & Community
“Twenty years ago, we started this company with one simple goal — to take care of people first. We are incredibly grateful for the trust our clients and community have placed in us and look forward to serving you for many years to come.”
Brady Day & Casey Van Winkle
Owners
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First-Class Service, Every Step of the Way
At First Class Mortgage Maple Grove, we simplify home financing with personalized solutions tailored to your needs. Locally owned and licensed in MN, SD, WI, and FL, we offer access to multiple lenders, ensuring the best rates and loan options.
From pre-approval to closing, we’re committed to exceptional service, expert guidance, and a seamless mortgage experience. Whether buying or refinancing, trust us to help you save time, money, and stress!
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!
1000+ 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
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.
