Closed Christmas Day

We will be closed on Christmas Day, December 25

Grove Bank
MENU

Investment Property Loan

Mortgage Loan Programs for Vacation and Investment Homes

Ready to reach financial independence through real estate? Whether you are looking for an investment property or a vacation home to spend relaxing days, Grove Bank Mortgage can bring the same level of personalized attention and service to all of your real estate purchases.

Your dream home might be within reach! Grove Bank Mortgage can help with investment property loans. Our pre-qualification process will ensure that you are ready to buy, and we can help you find a real estate agent to meet your needs.

Mortgage Loan Programs for Vacation and Investment Homes

30-Year Loan

Take advantage of low rates by locking into a low payment with a traditional 30-year loan.

You may be able to qualify for owner-occupied financing with lower interest rates, based on your use of the home. Talk to a loan specialist to find out what programs offer the best terms for your situation.

15-Year Loan

Get the same security of a 30-year fixed rate mortgage but pay your mortgage off in half the time. This means paying less in interest and owning your home sooner! This translates to greater monthly income from your investment.

Get Pre-qualified

Great investment properties are out there but are often purchased by buyers “in the know” quickly. Increase your bargaining power by getting pre-qualified with us today.

How to Get Started

You can get pre-qualified or fill out a loan application online!

Get Started Online

Still have questions? Give us a call! One of our mortgage specialists would be happy to answer all your questions.

Alex Brost
Alex Brost Mortgage Banker NMLS ID: 2441549 612-298-6148 Email Alex About Alex

I’m here to answer any questions you might have about our products and services. Feel free to contact me to discuss any of your mortgage needs. Your mortgage journey begins here. Getting started on the purchase or refinance of your home is just a few minutes away. No commitment needed.

 https://prod.lendingpad.com/grove-bank-corp/pos#/?loid=5480bb7e-8db6-4408-a236-176192da5f2e
Laneachia Burton
Laneachia Burton Mortgage Lending Asst. & Loan Processor NMLS ID: 1738144 612-685-8781 Email Laneachia About Laneachia

I’m here to answer any questions you might have about our products and services. Feel free to contact me to discuss any of your mortgage needs. Your mortgage journey begins here. Getting started on the purchase or refinance of your home is just a few minutes away. No commitment needed.

 https://prod.lendingpad.com/grove-bank-corp/pos#/?loid=1c05a519-0c91-4f75-a23b-705b71eb98e1
Michelle Davis
Michelle Davis Mortgage Banker NMLS ID: 2145051 651-955-3472 Email Michelle About Michelle

I’m here to answer any questions you might have about our products and services. Feel free to contact me to discuss any of your mortgage needs. Your mortgage journey begins here. Getting started on the purchase or refinance of your home is just a few minutes away. No commitment needed.

 https://prod.lendingpad.com/grove-bank-corp/pos#/?loid=31e56a8e-e93b-4e5c-b881-f3cff1b09fc2
Gloria Gleason
Gloria Gleason Director of Operations NMLS ID: 2192218 612-214-2541 Email Gloria About Gloria

I’m here to answer any questions you might have about our products and services. Feel free to contact me to discuss any of your mortgage needs. Your mortgage journey begins here. Getting started on the purchase or refinance of your home is just a few minutes away. No commitment needed.

 https://prod.lendingpad.com/grove-bank-corp/pos#/?loid=df8c2eb6-ccd1-4357-99c4-55ee0a1f0776
Jamie Hemberger
Jamie Hemberger Mortgage Banker NMLS ID: 289979 612-281-9633 Email Jamie About Jamie

Jamie began his mortgage career in 2000, after earning a degree in Economics from NDSU — which set him up for success in the industry. He found his passion helping people navigate through the mortgage process and enjoys providing people with information and advice to find the best loan for their situation. Jamie enjoys running his two boys to their various sporting, scouting, and church events along with his wife of 18 years. He also serves as a volunteer with the local Boy Scout Troop. In his spare time, Jamie likes to take his family camping, hiking, biking, and boating in the great outdoors.

 https://prod.lendingpad.com/grove-bank-corp/pos#/?loid=eb031764-7e0f-4198-a46c-9c687a93eca2
Kristy Jerzak
Kristy Jerzak Assistant Vice President & Branch Manager NMLS ID: 1092482 320-857-2521 Email Kristy About Kristy

I have enjoyed working in banking for over 10 years, I specialize in helping our consumer and business customers accomplish all of their financial needs. I bring knowledge and experience from Wells Fargo and MidCountry Bank. I decided to broaden my horizon and jumped into some training on mortgages so I can help assist our customers with their home buying needs as well. I am originally from Alexandria, MN but moved to Litchfield, MN after I attained my Bachelor’s Degree in Business Management. I have two young boys and a few cats who keep me busy in my free time. I enjoy the outdoors and spending time on the lake. I pride myself on building relationships with my customers. Please feel free to reach out to me for all of your banking needs.

https://prod.lendingpad.com/grove-bank-corp/pos#/?loid=7792260e-922c-4e41-aa95-16644944e8aa
Tom Meckey
Tom Meckey SVP of Growth NMLS ID: 1915268 St Louis Park 612-327-8303 Email Tom About Tom

Tom Meckey is a 20 year veteran of the Real Estate Industry specializing in residential home sales, corporate relocation, and new construction. Prior to entering the real estate industry, Tom worked in IT and Software Sales. He has a degree in Information Science from the University of Pittsburgh. Tom lives in the Lynnhurst Neighborhood of Southwest Minneapolis with his wife and two kids. Tom serves as Board Member at the Southwest Minneapolis Business Association. He is a youth basketball coach with the Minneapolis Lakers and Washburn High School in Minneapolis. He also volunteers his time as an adult leader with the confirmation program at Bethlehem Lutheran Church. Tom leads Grove Bank Mortgage’s Partner Agent program, working with some of the best real estate agents in the business, delivering an unparalleled borrower experience by navigating the complex world of the real estate transaction. Because of his deep knowledge and understanding of the life of a real estate agent, his insights enable Grove Bank Mortgage to better serve agents, enabling them to better serve their clients.

 https://prod.lendingpad.com/grove-bank-corp/pos#/?loid=e6dde3e1-b06d-42f7-b08a-c732bd2000a1
Dana Mol
Dana Mol Mortgage Loan Originator NMLS ID: 2660401 ‭(763) 248-4743‬ Email Dana About Dana

I’m Dana Mol, your Northwest suburbs Real Estate Agent & Mortgage Loan Advisor. My mission is to guide you through one of the most exciting times of your life – buying or selling a home. Many times buying and selling go hand-in-hand, and sometimes things get complicated. I’m here to cut through the confusion and make the journey a trip you’ll never forget for all the right reasons.

A home is much more than a roof over your head, it’s the center of your life. It’s where memories are made, where children grow up and families grow together, where traditions are started and renewed, and where you feel the most secure. There truly is no place like home.

I’ve created this website to put you on the right path as a buyer or seller. Learn about different communities, experience a variety layouts and designs, get information on prices and amenities, and much more. You’ll find up-to-the-minute real estate information across the state but because I specialize in some of the most popular parts of the Twin Cities like Saint Michael, Rogers, Maple Grove, Otsego, Elk River, Monticello, and Coon Rapids, you’ll find special search functions for them. Use the free search tool to find homes you want to see in the places you want to live. All of the information an agent can provide is right at your fingertips.

As a resident of Rogers and a top performing agent, I know this market inside and out – what it takes to get a great deal or get top dollar for your current home. I have many connections in the northwest suburbs, including a close relationship with the folks at Benzinger Homes, one of the fastest growing premium home builders in the Twin Cities.

Before becoming a realtor, I spent 26 years at a Fortune 500 company managing operations, training staff, supporting sales and billing departments, and negotiating contracts. Since joining Arrow Companies I’ve built a dedicated team of agents that focus on one thing – making sure our customers are completely satisfied. Whether you are renting, buying or selling, I put your interests first and my team will work overtime to give you a first-class experience. My goal is to be your trusted partner and expert guide on the journey you’re about to begin.

 https://prod.lendingpad.com/grove-bank-corp/pos#/?loid=6f63d3ac-14f8-46f0-af8f-e748dc3fc33f
Jason Roaldson
Jason Roaldson Branch Sales Manager NMLS ID: 308253 612-310-3113 Email Jason About Jason

Jason is a 20 year veteran in the financing industry and has worked in every segment of the mortgage industry including banking, brokering, and correspondent lending. He believes that trust is the most important ingredient in the relationship between client and he, which is why he focuses on transparency with clients so they understand from where all of the numbers in their transactions are derived. When trust is high, stress is low, and purchases close on time. Jason holds himself accountable in all that he does. He is committed to serving you, committed to excellence, and committed to your 100% satisfaction.

 https://prod.lendingpad.com/grove-bank-corp/pos#/?loid=e1260ef3-679a-4b2f-80db-7a547e7c5322
Angelique Sheeley
Angelique Sheeley Mortgage Loan Officer NMLS ID: 2666314 (612)251-1031 Email Angelique About Angelique

Angelique is a seasoned real estate veteran. She has been a licensed real estate agent since 2019 and recently made the decision to add mortgage lending to her business, so she can better serve her clients.

https://prod.lendingpad.com/grove-bank-corp/pos#/?loid=12733acc-373c-4f0a-b4c8-ca9fb60f50c2
Brian Wellman
Brian Wellman Mortgage Banker NMLS ID: 228856 612-791-6380 Email Brian About Brian

Brian is a 30-year veteran in the real estate industry. Since 2009, he has worked as a mortgage professional. He is committed to unsurpassed customer service. To begin the process, he likes to ask questions and be inquisitive. Only then can he get a good sense of his customer's needs, wants and desires. He also firmly believes it's important to have a conversation with every customer about payment comfort and how the new housing payment fits in their present and future financial plans. When assisting a customer with their home's financing, he’s not only working with one of their largest personal financial investments but also handling one of their biggest dreams. Since he works with matters so close to his customer's hearts, he serves them from his with honesty and integrity. Married in 1991, Brian and his wife have two adult children. When not at his TH in Victoria, Brian can be found at his lake home on Lake Vermilion.

 https://prod.lendingpad.com/grove-bank-corp/pos#/?loid=e0701c80-da1c-494e-985c-e621e6046501

Mortgage Calculator

Home Affordability Calculator

Top
Some content requires Adobe Acrobat Reader to view.