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Last Updated: 04/18/2025

Expedition Home Mortgage Loans

in Home Mortgage Loans from Expedition Credit Union

Last Updated: 04/18/2025

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Credit Score Range

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Amount Range

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Loan Term (Years)

Up to 30

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Expedition Home Mortgage Loans Review

Expedition Home Mortgage Loans is offered by Expedition Credit Union (NMLS #719252), a credit union founded in 1957 and based in Apple Valley, MN. Expedition Home Mortgage Loans are available in 50 states, 5 US territories, and Washington, DC.

Key Takeaways

  • Wide selection of mortgage programs offered. Expedition Home Mortgage Loans offers FHA, USDA, VA, conforming, and conventional mortgages.
  • Specializes in multi-family properties. Only offers mortgages for multi-family properties, but not for single-family homes or manufactured homes.
  • Standard interest rates types. Expedition Home Mortgage Loans offers adjustable-rate mortgages and fixed-rate mortgages.
  • No primary residences considered. Expedition Home Mortgage Loans does not offer financing for primary homes.
  • Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.

Expedition Home Mortgage Loans Pros & Cons

Expedition Home Mortgage Loans FAQ

What is the maximum loan term you can get with Expedition Home Mortgage Loans?

Expedition Home Mortgage Loans offers mortgages with a maximum term of 30 years. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.

What mortgage rates does Expedition Credit Union offer?

Mortgage rates change daily based on market conditions and vary significantly depending on the loan type and the length of the term. For instance, fixed rate mortgages will typically have a higher interest rate than mortgages with variable rates, and jumbo loans usually have higher mortgage rates than conforming conventional loans. Find the best interest rate available to you by getting quotes from three or more mortgage lenders before choosing a home loan.

Do they charge mortgage origination fees?

Yes, Expedition Home Mortgage Loans may charge a loan origination fee .

What mortgage programs are available?

Besides conventional mortgages, Expedition Home Mortgage Loans offers the following mortgage types:
  • FHA loans: FHA loans are mortgages insured by the FHA. They offer competitive mortgage rates and have less stringent eligibility requirements. However, borrowers must pay a mortgage insurance premium. For instance, you can apply for an FHA loan with a credit score as low as 580. Co-applicants are allowed and you can qualify for a down payment as low as 3%.

What is the customer service phone number?

The customer service number for Expedition Home Mortgage Loans is (651) 264-0669.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

14989 Florence Trail
Apple Valley, MN 55124
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Hours of Operation

Sunday
Closed
Monday
8:30AM - 5:00PM
Tuesday
8:30AM - 5:00PM
Wednesday
8:30AM - 5:00PM
Thursday
8:30AM - 5:00PM
Friday
8:30AM - 5:00PM
Saturday
Closed

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