Edina Realty Mortgage

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Mortgages made easy

Getting pre-approved gives you a clear picture of your buying power and shows sellers that you’ll be able to secure financing to purchase their home.

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Edina Realty Mortgage Guarantee

Close on time and win in multiple offer scenarios with the Edina Realty Mortgage Guarantee!

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Calculate your mortgage payment

See how home price, interest rates and down payment affect your monthly payment.

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Fast track your mortgage application

Our new XLR8 program for conventional mortgages streamlines and verifies your information in minutes!


Homebuying and financing simplified

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Whether you are buying a new home or refinancing, our affiliated lender Edina Realty Mortgage provides the convenience of one-stop shopping and fast, efficient service. Purchase and refinance mortgage loan options include conventional, FHA, VA, renovation and jumbo financing, as well as down payment assistance programs.

Special offer for front line heroes

At Edina Realty Mortgage, we value the contributions of front line heroes who support the communities in which we live and work.

To our doctors, nurses, teachers, firefighters, law enforcement officers and emergency medical technicians, we would like to help lower the cost of purchasing or refinancing a home.

On all loan applications submitted on or before February 28, 2022, Edina Realty Mortgage will waive the mortgage origination fee (up to $1,085 value).1

1 At least one borrower must be a doctor, nurse, teacher, firefighter, law enforcement officer or emergency medical technician to be eligible for this offer. Borrowers are eligible for a waived origination fee on a new purchase or refinance, secured by a first mortgage or deed of trust (New Loan), subject to qualification, approval and closing with Prosperity Home Mortgage, LLC dba Edina Realty Mortgage. Loan must close within 60 days from the date of loan application. All eligibility requirements must be met no later than 2 days prior to the New Loan closing date. This offer is void where prohibited and is non-transferable, subject to the terms herein, and valid on all complete applications received on or before 02/28/2022.

Get in touch with an Edina Realty Mortgage specialist

Need help financing a new home or refinancing your current property? Find a mortgage expert in your area.

Email
952-928-5563

All first mortgage products are provided by Prosperity Home Mortgage, LLC. dba Edina Realty Mortgage. (877) 275-1762. Prosperity Home Mortgage, LLC products may not be available in all areas. Not all borrowers will qualify. Licensed by the NJ Department of Banking and Insurance. Licensed by the Delaware State Bank Commissioner. Also licensed in Alabama, Colorado, Connecticut, District of Columbia, Florida, Georgia, Illinois, Indiana, Kansas, Maryland, Michigan, Minnesota, Missouri, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, West Virginia and Wisconsin. NMLS ID #75164 (NMLS Consumer Access at http://www.nmlsconsumeraccess.org) ©2020 Prosperity Home Mortgage, LLC.

Frequently asked questions

Do I need to put 20 percent down to qualify for a mortgage?

There are several loan options available that do not require 20 percent down. Depending on the loan type, you will probably pay private mortgage insurance (PMI) if you put less than 20 percent down. Learn more here or find a mortgage loan officer who can provide details options.

How much of my income should I spend on a mortgage payment?

Many experts recommend spending a maximum of 28 to 35 percent of your pre-tax income on your housing expenses. Other debt obligations like student loans and car payments are factored in when you apply for a loan, but you should also consider your personal expenses such as groceries and entertainment when determining how much you want to spend. Learn more about this topic, or get connected with a mortgage loan officer who can help you determine what you can afford.

What is a VA loan?

The U.S. Department of Veterans Affairs (VA) offers a unique home loan program that helps active and retired military veterans purchase a home. Features include: No down payment requirement, no monthly mortgage insurance premium, competitive interest rates and low closing costs. Learn more about VA loans here or find a professional mortgage loan officer who can help you get started.

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings