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9591 60th Street N, Suite A Lake Elmo, MN 55042 Mobile (651) 592-4903 Tel (651) 300-9411 [email protected]
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- monday: 8:00AM – 5:00PM
- tuesday: 8:00AM – 5:00PM
- wednesday: 8:00AM – 5:00PM
- thursday: 8:00AM – 5:00PM
- friday: 8:00AM – 5:00PM
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- Construction Loan
- Investment Property
- Purchase
- Refinance
Amber Garofalo
- Originating Branch Manager
- Lake Elmo, MN Mortgage Loan Officer
- NMLS #518359
I’ll be with you every step of the way
Hi, I’m Amber Garofalo, a loan officer at our Lake Elmo, MN branch with America’s #1 Retail Mortgage Lender. I bring an extensive background in originating, processing, underwriting, closing, and servicing, offering top-level service from application to beyond closing. With over two decades in the industry, I’ve helped thousands of families achieve the American dream.
As a Certified Mortgage Planning Specialist, I assist clients at all stages—first-time homebuyers, those downsizing, or building new homes. I’m licensed in Minnesota, Wisconsin, Florida, and Colorado, and known as the “Florisota” connector for vacation homes, owning multiple properties myself. I ensure a seamless mortgage process through a well-respected team dedicated to providing outstanding service.
I’m honored to have received industry accolades, including Scotsman Guide Top Producers and MN Monthly’s Best Mortgage Professionals. I’m also a member of CCM NOW (Network of Women) and host monthly segments on the Emmy-nominated American Dream TV series.
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Guides and resources
How much will my mortgage payment be?
This calculator is being provided for educational purposes only. The results are estimates based on information you provided and may not reflect CrossCountry Mortgage, LLC product terms. The information cannot be used by CrossCountry Mortgage, LLC to determine a customer’s eligibility for a specific product or service.
Inspiration for your home loan journey
Amber’s testimonials
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Frequently asked questions
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Refinancing costs typically range from 2% to 6% of the loan amount and include fees such as appraisal, title insurance, and closing costs. Factors like your loan type, location, and credit score can significantly impact these expenses. Our team can help to provide strategies that can help minimize costs.
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To determine how much home you can afford, you’ll want to assess your financial situation. This includes your income, expenses, and debt-to-income ratio, to ensure your mortgage fits comfortably within your budget. A general guideline is to spend no more than 28% of your gross monthly income on housing costs and 36% on total debt.
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A good credit score typically starts at 620 for conventional loans, while FHA and VA loans may accept scores as low as 500, though higher scores offer better terms. A strong credit score can help you secure lower interest rates, saving you significant money over the life of a home loan.
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A Home Equity Line of Credit (HELOC) is a revolving line of credit that allows homeowners to borrow against the equity in their home. HELOCs function like a credit card, giving access to funds up to a set limit, which can be used for expenses like renovations or debt consolidation. You only pay interest on the amount you borrow, and the repayment terms typically include a draw period followed by a repayment period.
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To calculate your mortgage payments, start with your loan amount, interest rate, and loan term. Your payment will depend on the interest charged over time and the repayment schedule. You can use a monthly mortgage payment calculator or connect with us to learn more.