Home Loans

10 Common Home Buying Mistakes (And How to Avoid Them)

10 Common Home Buying Mistakes (And How to Avoid Them)

Buying a home in Monticello is one of the biggest financial decisions you'll ever make, and home buying mistakes can cost you thousands of dollars or the house you wanted altogether.  The good news is that most of these pitfalls are completely avoidable when you know...

Fix Up Loans to Gain Equity in Homes

Fix Up Loans to Gain Equity in Homes

Would you like to fix up your home? If you want an addition, alteration, renovation or repair that would make your home more liveable, more energy efficient, or more accessible, then the state of Minnesota and Sherburne State Bank can help!   The Minnesota...

Home Buying in a Higher Interest Environment

Home Buying in a Higher Interest Environment

“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” – Franklin D. Roosevelt   Here are the median sales prices for...

Mortgage Rates are Still Historically Low

Mortgage Rates are Still Historically Low

When you consider the past three years alone, mortgage interest rates have risen dramatically. This is largely because the Federal Reserve pushed mortgage rates below 3% in order to offset the impact of the COVID-19 pandemic in 2020 and 2021. Now that the American...

Building Wealth Through Homeownership

Building Wealth Through Homeownership

If you never intend to sell it for profit, then your home cannot be an investment in the truest sense of the word. But this does not mean that homeownership isn't an excellent way to build wealth! Since you must spend money on your living arrangements, doing so in a...

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You are now leaving Sherburne State Bank's website

Sherburne State Bank provides a link to this external webpage because it may contain related information of interest to you. This link does not constitute an endorsement by Sherburne State Bank of any information, products or services on this external website.