Who said you have to pick a standard mortgage loan term?

Design your own mortgage loan. Pick any amortization term you want from 8 to 30 years.

A big internet lender likes to call this "The YOURgage", and claims it is "only available from them!" They go as far as to make it sound like they "invented" it. Well, that is far from the truth. Actually, it is a little know option available from a large number of MN mortgage lenders, just like us.

Mostly used for refinancing, but it can also be used to purchase a home.  Let's say you have a 30-year mortgage with just 18-years left. You'd probably like to refinance to today's super low mortgage rates, but you don't want to go backwards to a new 30-year loan, or even a 20-year loan.

So how does it work? Simple. Just tell us how many years you want for your home mortgage, and that is what you get!

Does it cost more?  What are the interest rates? No, it doesn't cost more. Rates are calculated based on the closest standard fixed rate term. For example, if you want an 11-year mortgage loan, you get the standard 15-year interest rate. On the 18-year loan, your interest rate will be the same as a 20-year loan.  If you wanted a 22-year loan, you get the same interest rate as a 30-year loan.

Other than that, it is simply a standard home mortgage loan.

Use this online mortgage calculator to determine what YOURgage payments would be...

In Minnesota and Wisconsin, get your Yourgage Mortgage, and pick any amortization term you want!