Equity Source Mortgage, Inc

Equity Source Mortgage, Inc Small mortgage broker in Minnesota. Where people come first - and Mortgages come naturally. At Equity Source Mortgage we sit on your side of the table.

equitysourcemortgage.com
NMLS #295556
Subscribe on YouTube Equitysourcemortgage22 We know the costs – whether you are buying a home for the first time or refinancing an existing mortgage, we share our deep knowledge of the industry from the very first meeting…

Small mortgage broker specializing in finding our clients the loan program that best fits their needs in whatever phase of life they are i

n. We take the time to get to know our clients, their goals, their struggles, their dreams. Then we work diligiently to find the loan program that would fit best with our customers goals. http://equitysourcemortgage.com/ http://RogersMortgageLender.com

06/17/2026

Feds keep rates UNCHANGED Unanimous 12-0

06/17/2026

Feds decide on interest rates today and although they will keep rates unchanged, it will be interesting on the new Fed Chair Kevin Warsh on what he says about Inflation which has clearly been an issue since the war with Iran started back in late February.

Economic Growth has also picked up which both of those factors would typically be a sign of higher rates but he was appointed as someone who would lower rates. (assuming the labor numbers are correct)

Let the Kevin Warsh Fed meeting ERA begin.

06/17/2026

The best preparation for tomorrow is to do today’s work superbly well. William Osler

06/16/2026

Nothing is easy to the unwilling. — Nikki Giovanni

06/15/2026

You can’t let other people tell you who you are. You have to decide that for yourself.

06/14/2026

Nothing is a waste of time if you use the experience wisely. Auguste Rodin

06/13/2026

The trouble with most of us is that we would rather be ruined by praise than saved by criticism. Norman Peale

06/12/2026

Nothing in this world can take the place of persistence.

06/12/2026

Fun Fact Friday:

According to AI-generated social media, your mortgage payment is apparently frozen in time forever... right next to your avocado toast budget and your "7 passive income streams"

🏡 Reality Check:

Even if you have a fixed-rate mortgage, your payment isn't always completely fixed.

Why?

Because your payment is made up of more than just principal and interest:

Principal
Interest
Property Taxes
Homeowners Insurance
and sometimes Mortgage Insurance

While your principal and interest stay the same with a fixed-rate loan, taxes and insurance can change over time.

📈 Property values can increase, which may increase property taxes.

📈 Insurance premiums can rise due to inflation, weather events, replacement costs, or claims in your area.

That's why it's important to budget for more than just today's payment.

A smart homeowner doesn't just ask:
"Can I afford the payment today?"

They ask:
"Can I still comfortably afford it if taxes and insurance increase next year?"

Meanwhile, AI-generated mortgage posts be like:

🤖 "Buy a home and lock in your payment forever!"

Well... mostly forever.

Unless your county assessor and insurance company have other plans.

🏡 Bottom Line:
A fixed-rate mortgage gives you payment stability, but taxes and insurance can still move. Understanding that upfront helps you avoid surprises later.

Address

930 111th Avenue NW
C**n Rapids, MN
55448

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Website

Alerts

Be the first to know and let us send you an email when Equity Source Mortgage, Inc posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Equity Source Mortgage, Inc:

Shortcuts

Share

Category