Lake Area Mortgage – A Division of Royal Credit Union

Lake Area Mortgage - A Division of Royal Credit Union is a mortgage lender in Shoreview, MN. The team helps homebuyers, homeowners, and those building new homes with purchase loans, refinancing, remodeling financing, and construction lending. Its Single-Close Construction Loan combines the lot purchase, construction, and permanent mortgage funding into one closing. First-time buyers can work with a Mortgage Loan Officer to review their options and walk through the homebuying process. The office holds a rating of 4.80 from customer reviews.

Lake Area Mortgage has served as a local lender since 2007. All stages of the loan process are handled in-house, with processing, underwriting, and closing departments working under one roof, which the company describes as making the process faster, more flexible, and more streamlined than working with mortgage companies that outsource those functions. The team includes Mortgage Loan Officers and Mortgage Sales Managers, among them Joe Bydzovsky, Ryan Colbert, Mark Gobran, Joe Juliano, Brian Lindstrom, Derek Lodermeier, Adam Long, Stephanie Oyen, Matt Prettner, Michelle Robinson, Marco Rodiles, Gabriel Rodriguez, Mark Svihel, Chao Vang, and Rachael Wiesner. The company states that its loan officers have earned awards for their work helping customers buy homes.

As a division of Royal Credit Union, obtaining a Lake Area Mortgage loan also makes the borrower a Member of Royal Credit Union, which involves opening a savings account as a share in the credit union and gaining access to its accounts, loans, and services. The company operates under the same core purpose and core values as Royal Credit Union, centered on creating a positive impact in the lives it touches.

The office sits on County Road E, about a tenth of a mile from Rice Creek and roughly half a mile from Indian Hills Park. Golden Lake Elementary is about seven-tenths of a mile away, as is Lexington Avenue North, and Golden Lake Park and Golden Lake are each about nine-tenths of a mile from the office.

Lake Area Mortgage has built a reputation as a local lender with a positive rating from the customers who have reviewed it, pairing in-house loan processing with a team of experienced Mortgage Loan Officers serving Shoreview and the surrounding Minnesota communities.