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FHA and VA Loans

Bremer Bank is an FHA-approved and VA-approved lender

Federal Housing Administration (FHA) Loans

FHA loans provide lending solutions for those who may not fit the requirements of conventional financing. This government-insured loan may be an attractive option for first-time buyers and borrowers with limited funds for a down payment.

  • Financing up to 96.5% of the purchase price
  • 100% of down payment can be gift or seller paid funds
  • Mortgage insurance is funded into the loan
  • Eligible with most first-time homebuyer programs

Veterans Affairs (VA) Loans

VA loans provide flexible lending solutions for those who serve or have served our country. This government-insured loan may be an attractive option for veterans who are first-time buyers or have little money for down payment or closing costs.

  • Available to current active duty and past veterans discharged or released from active duty under conditions other than dishonorable discharge.
  • Minimum service required: 90 days of active duty, active duty during wartime; 181 days of continuous active duty during peace time; 6 years minimum service in National Guard or Reserves
  • Eligible on purchase or refinance
  • Up to LTV allowed on loans $424,100 or less
  • No reserves requirement

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Deposit products offered by Bremer Bank. Member FDIC.

Equal Housing Opportunity Equal Housing Lender