Morton Building Loan


Get Pre-Qualified Today!
financing as low as 4.75%

 

You chose Morton because you trust your building will last for generations to come.  So will we.  Like them, we’ve stood the test of time for 110 years.  And, as Morton’s preferred financing solution, our competitive rates and excellent customer service knows no match.

 

Whether your Morton building is for residential, commercial, or agricultural use, you deserve the best product.  You also deserve the best financing.  Call us today so we can make your Morton dreams a reality!  Morton Building Loan Application >>

 

Residential Buildings

Jackie Lybeck
Vice President/Residential Lender
(NMLS ID #554269)
Direct: (320) 763-0220
jackiel@glenwoodstate.com

Jerome Duevel
Vice President/Residential Lender
(NMLS ID #709742)
Direct: (320) 634-1034
jerome.duevel@glenwoodstate.com

Joanne Bliese
Sr. Vice President/Residential Lender
(NMLS ID #490802)
Direct: (320) 763-0213
joanne.bliese@glenwoodstate.com

Commercial Buildings

Eric DelZoppo
Vice President/Commercial Lender
Direct: (320) 763-0211
eric.delzoppo@glenwoodstate.com

Agricultural  Buildings

Mitchell Worms
Agricultural Lender
Direct: (320) 634-1007
mitchell.worms@glenwoodstate.com

 


We offer both a variable rate plan and a fixed rate plan. In the variable rate plan, the annual percentage rate (APR) and the minimum monthly payment can change. To determine the APR that will apply to your variable rate plan, we add a margin to the value of the index announced from time to time by the 1-year Constant Maturity Treasury Rate or the Wall Street Journal Prime Rate, depending on the type of loan you obtain. The minimum APR during the term of the variable plan is 4.750% and the maximum is 8.750%. In the fixed rate plan, the APR will remain the same during the duration of the loan. Your APR will be based on specific characteristics of your credit transaction. The minimum rate is 4.750% and the maximum rate is 8.750%. Homeowner’s insurance is required for either plan and flood insurance may be required. Other fees include ½% origination fee. You must also pay certain fees to third parties, such as appraisers and governmental agencies. These fees generally total between $800 and $1200. Rates effective 05/1/17 and subject to change.