Welcome Home: Discover the Cambria Mortgage Difference

Buying a home is one of the biggest decisions of a lifetime. Given the financial and emotional value of your investment, it makes sense to work with a mortgage company you know and trust. We asked John Schroeder, CEO/President of Cambria® Mortgage™, to explain the hometown difference.

Deep Community Roots

The traditional real estate mantra of “location, location, location” also applies to mortgage companies. “When you’re buying a home, which is likely the largest purchase you’ll ever make, you deserve to work with a local company that’s deeply rooted in your community—not just a branch office of a large national corporation,” says Schroeder. Unlike the majority of large banks in the Upper Midwest, Cambria Mortgage is a true Minnesota hometown company. “Our headquarters are conveniently located in Eden Prairie, just west of Minneapolis, and we’re owned and operated by the same family that owns Cambria, the industry-leading manufacturer of natural quartz surfaces.”

Truly Personalized Service

If you’ve ever tried to contact a large national bank to ask a question about a credit card or other issue, you know how challenging it can be to reach an actual human being. “Our Cambria Mortgage team includes more than 30 local mortgage experts who live in the community and excel at building personal, face-to-face relationships. On average, our team members each have more than 12 years of experience, so they’re well-versed in local and state rules, regulations, and programs,” says Schroeder. Whether you want to refinance your existing home loan or buy a new home, you’ll work with a dedicated Cambria Mortgage professional who knows you as a person, not a file number. “From the first meeting to the closing, your mortgage expert will work closely with you to select the right loan, resolve any challenges, and complete the paperwork quickly and easily.”

The Right Loan for Your Needs

At virtually all banks, mortgages are just some of the many products they sell. At large banks, mortgages are often bundled with other products, some that may not be related to your transaction, while at small banks, especially in the out-state areas, the selection of mortgages is usually limited. “Unlike banks, Cambria Mortgage focuses exclusively on mortgages. As a full-service mortgage lender, we work with many different investors and a vast array of programs to ensure you get exactly the right loan for your situation,” says Schroeder.

Competitive Interest Rates

“We pride ourselves on our highly competitive interest rates,” says Schroeder. Unlike big corporate banks with hundreds of branch offices and thousands of people on staff, Cambria Mortgage’s overhead is much lower, so it can pass the savings on to its clients. “We always encourage our clients to request quotes from our competitors. Time and again, they’re pleased to find that Cambria Mortgage’s interest rates are significantly lower than the banks.”

A Smooth, Seamless Experience

As a hometown company with an experienced team of local experts, Cambria Mortgage can close loans significantly faster than competitors. “While most large banks ship their loans out of state for processing and underwriting, we service all loans at our operations center in Eden Prairie to create a smooth, seamless experience for our clients,” says Schroeder.

Interested in refinancing your existing mortgage or buying a new home? Your Cambria Mortgage expert can explain the various loan programs and help you get started. For more information, visit CambriaMortgage.com or call 952-942-0110.

Choosing a Down Payment Option That is Right for You

When looking at purchasing a new home, one of the biggest questions that could come up is what to do about the down payment. There are many options for down payments so it is important to find the option that is right for your current situation and your future financial goals.

Rates are Rising: Why Not to Worry

The recent headlines allude to a rising rate environment, but that may not tell the whole picture. While rates have increased slightly in the past few months, they are still near historical lows and should not be seen as a deterrent for buying a home or securing a lower rate with a refinance.

Your Lifestyle, Your Mortgage: Choosing the Right Home Loan

As we swing into the fourth quarter of 2016, it continues to be a strong year for real estate. With historically low interest rates for primary and secondary residence loans, now is a great time to refinance your current home loan, buy a new home, or invest in a vacation home with a mortgage that fits your lifestyle.

Remodeling ROI: How to get the biggest bang for your renovation buck

If you’ve been thinking about remodeling your home, you’ve probably realized that it’s both an emotional and financial decision. For example, if you love to cook, a new kitchen with a chef-grade stove may bring you countless hours of joy and entertainment. But if you might be selling your home within the next few years, you also want to know the kitchen will pay for itself when the “For Sale” sign goes up in your front yard. Here are some tips to help you get the biggest bang for your renovation buck.

Why Refinancing Makes Sense Right Now

By replacing your original mortgage with a new, more cost-effective loan, you can lower—and lock in—your interest rate, improve your term, reduce your monthly mortgage payments, and save thousands of dollars over the life of your loan.