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Home > Financial Services > Mortgage Brokers > Unity Bank
Unity Bank
A mortgage broker is an individual or firm that acts as an independent agent for both the borrower and the lender of a mortgage loan. Mortgage brokers are the middleman between you and the lending institution, which can be a bank, trust company, credit union, Mortgage Corporation, finance company or even an individual private investor. A mortgage broker will analyze your financial situation to determine which lender is the best fit for your loan needs. He or she will submit your mortgage application to one or more lenders in order to sell it, and works with the chosen lender until the loan closes. He or she receives a commission from the borrower if the loan closes.
Red Lake County State Bank was established in June of 1933 when the charter of the Farmers State Bank of Middle River was moved here to Red Lake Falls. On June 1st, 2005 Red Lake County State Bank was renamed to Unity Bank North.
At Unity Bank, the basis of each customer relationship, many of which span generations, is trust. If you have chosen to do business with Unity Bank, and they are obligated to honor that relationship with great care, beginning with the information you have chosen to share with them. They believe that your privacy should not be compromised. At the same time, they want to offer you the array of financial products and services you need to accomplish your financial goals.
Loans available at Unity Bank North are Home Equity Line of credit, Home Purchase Loans, Home Improvement Loans, Commercial Loans, Small Business Loans, Auto Loans, Student Loans, Small Business Administration Loans, Minnesota Housing Finance Agency Loans, Income Tax Loans, Installment Loans and Consumer Loans.
The Company believes a mortgage is a promise, one that can build a hard and trusting relationship for the term of your loan. They are dedicated to providing excellent service to their customers, striving to earn repeated business referrals from their many satisfied mortgage applicants. The Company also believes a mortgage is the most rewarding investment made over a lifetime of important financial decisions.
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