Financing Options

A remodeling project can be a large investment and finding financing can be tricky. Hopefully these resources help you get the financing you need to make your home your castle!

Mortgage Bankers We Trust

We recommend you call Mary Taylor of Alerus Mortgage. Mary can analyze your particular construction financing scenario and advise you on a number of options. She will walk you through the loan process — from beginning to end — so you are fully informed about the terms of your construction loan and any end mortgage you may need.

Mary consistently closes all loans on time and comes to clients’ closing. She will secure a competitive rate for you, has more than ten years of experience and is friendly. You will come away feeling confident and relieved that you have a mortgage you can trust.

Mary Taylor, Loan Officer
Alerus Mortgage

April Ranallo has been in the mortgage business since 1999 and experienced all the ups and downs the industry has endured over 20 years.  This has resulted in her talent to listen, problem solve and come up with the best solution and route for you to be able to purchase the home of your dreams!

Below are a few highlights, but please give her a call today to get your questions answered and on the road to a successful closing!

  • Financing up to 90% on jumbo loans (loan amount over $453K)
  • Rehab loans to cover the costs of acquisition and remodel/repairs in 1 loan; Conventional and FHA 203K full and streamline available!
  • An entire department is dedicated to just rehab products for faster processing, closing, and disbursements to allow you to move in sooner!  You will be walked through the process more thoroughly and never feel lost or in the dark on what is going on.

April Ranallo, VP of Mortgage Lending
Guaranteed Rate
O: 612.440.1046 – C: 847.873.7278
2 Carlson Pkwy N Ste 355, Plymouth, MN 55447 NMLS ID: 211152

Renovation is Dave Sawicki’s specialty.

Homebuyers or homeowners can roll remodeling costs into one loan.

Dave has 20 plus years of experience and understands that there are always options for financing, and the key is finding the one that works best for you. Starting the process takes about 15 minutes to go to and click on “Apply Now”. Dave will review your information, contact you to discuss your plans and objectives and schedule a time to meet to evaluate the available options and structures.

If you or anyone you know is considering a remodeling project, big or small, call Dave.

NOTE: If you are a veteran, ask about our VA renovation loan.

Dave Sawicki – NMLS 2611
VP of Business Development
Guaranteed Rate Inc.
17685 Juniper Path Suite 300,Lakeville, MN 55044
P: (952) 466-6445 | C:  612-916-6366 | F: (872) 206-4446 |

Financial One Credit Union offers affordable financing options to meet any of your home improvement needs with no additional costs to you. We will work with you step by step to make sure that we meet your specific financial needs. Financial One is chartered to lend in NE Minneapolis and the Northern suburbs. Contact Lacey Mack or Ross Bloomquist directly at 763-404-7625.

With deep roots tied to the construction industry going back over 100 years, Tradition Mortgage offers a wide range of loan products tailored for renovation projects. Our experienced loan professional will work with you to understand the scope of your construction project, as well as your personal financial goals and needs. Once we have a full understanding of your situation, we will choose among our diverse selection of products to recommend the best fit. Our programs include:

  • First mortgage construction line of credit
  • Second mortgage construction line of credit
  • Home equity lines and loans
  • Cash-out refinance mortgages
  • Fannie Mae and FHA renovation programs

These three videos will provide great insight on our renovation financing process:

Contact us today to find out more about what Tradition can do for you!
Erik Hendrikson, President
Tradition Mortgage, LLC

7601 France Avenue South, Suite 170
Edina, MN 55435
Phone: (952) 252-4702
Individual NMLS# 379526

Neighborhood Resources – Low Interest & Forgivable Loans & Energy Improvement Financing

Utility & State Based Grant, Rebates, and Loan Programs

Visit for more information.

** Castle Building & Remodeling does not provide any financing directly to clients. All financing based on approved credit. Please call 612-789-8509 ext. 2 or 651-699-4164 ext. 2 with questions.

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