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Home/Mortgage

Understanding Personal Credit Builder Loans

In the world of personal finance, building a strong credit history is vital for achieving various financial milestones. Whether you're looking to buy a home or want to start building credit, a good credit score paves the way for your future financial journey. A Credit Builder Loan is designed specifically to help individuals build or ...

2024-02-05T13:44:13-05:00March 18th, 2024|Blog, Mortgage|

Navigating the ITIN Mortgage Program

The dream of homeownership is universal – including individuals who are not U.S. citizens. A Social Security Number (SSN) is not required to receive a home loan – ITIN mortgages are designed for non-citizens interested in purchasing a home. The ITIN mortgage program offers borrowers the opportunity to use their Individual Tax Identification Number (ITIN). ...

2024-01-10T15:07:26-05:00March 5th, 2024|Blog, Mortgage|

Mortgage: Our Simple Process

At Drake Bank, we follow a simple process to help make your homeownership journey as easy as possible. Contact Our Team – chat with our team so we can begin to understand you and your goals. The Best Fit – your expert loan officer will assist you in applying for alone that truly fits. Close ...

2024-02-05T10:41:07-05:00February 13th, 2024|Blog, Mortgage|

Homebuying 101

The process of buying your first home can be very exciting and, at the same time, a little scary. Don’t worry, that’s normal! However, to set yourself up for success and avoid some of the stress, there are some steps you can take as you become a homeowner. First things first, you should start saving ...

2024-01-02T10:37:12-05:00January 16th, 2024|Blog, Community Banking, Mortgage|

Celebrating Mortgage Professionals Month

As September approaches, it's time to shine a spotlight on an essential group of professionals who play a pivotal role in making the dream of homeownership a reality for millions of people – mortgage professionals. Mortgage Professionals Month, observed throughout September, is a dedicated time to acknowledge the hard work, expertise, and commitment of those ...

2024-01-02T10:37:46-05:00September 13th, 2023|Blog, Mortgage|

The Benefits of Homeownership: Building a Better Future

Homeownership is a dream for many individuals and families. It can represent financial stability and security. Owning a home can be a big step into a new chapter of your life and offers benefits and responsibilities. Here are a few of the advantages of homeownership and how it can contribute to building yourself a better ...

2024-01-02T16:11:55-05:00June 27th, 2023|Blog, Mortgage|

Stephanie Scarrella Named a 2022 Super Mortgage Professional

St. Paul, Minn. | October 18, 2022 – Twin Cities Business (TCB) Magazine, a leading resource for business news, insight, and inspiration, and Mpls.St.Paul Magazine provides timely,  dependable, and interesting information to its readers about the people, places, and events that form the Twin Cities; announced Stephanie Scarrella, senior mortgage lender at Drake Bank (NMLS# ...

2024-01-02T16:14:31-05:00October 18th, 2022|Mortgage, Press Releases|

Stephanie Scarrella Named a 2021 Super Mortgage Professional

St. Paul, Minn. | November 1, 2021 – Twin Cities Business (TCB) Magazine, a leading resource for business news, insight, and inspiration, and Mpls.St.Paul Magazine provides timely, dependable, and interesting information to its readers about the people, places, and events that form the Twin Cities; announced Stephanie Scarrella, senior mortgage lender at Drake Bank (NMLS# ...

2024-01-02T16:14:41-05:00November 1st, 2021|Bank Updates, Mortgage, Press Releases|
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