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7760 France Ave. S, Suite 1010 Bloomington, MN 55435 Mobile (612) 801-3491 Tel (612) 801-3491 [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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- Purchase
- Refinance
- Reverse Mortgage
Earl Rose
- VP of Reverse Mortgage Lending
- Bloomington, MN Mortgage Loan Officer
- NMLS #212480
I’ll be with you every step of the way
Hi, I’m Earl, and I’ve been in the mortgage and real estate industries for 45 years. First licensed in 1979, I’ve dedicated over 20 years of my career to supporting clients through reverse mortgages, helping more than 1,300 people achieve their goals and obtain financial security. Whether you’re looking to refinance and access home equity or purchase a new home, my team and I have the experience to get it done.
We provide clear, comprehensive guidance to ensure you feel informed and confident. Your goals will be my top priority, and I’ll answer any questions and offer support every step of the way at America’s #1 Retail Mortgage Lender. If you’re ready to take the next step in your homeownership journey or want to discuss your options, I’m here to help. Let’s open the doors to your next chapter together!
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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
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.