The Blaze Difference
Since we are member-owned, earnings are passed on to you in the form of lower rates and fewer fees. In most cases, our members enjoy a low flat origination fee (does not apply to VA or FHA loans).
Your Loan Stays Local
With our Minnesota-based loan officers, decision-makers, and servicers, Blaze makes buying and owning a home local and personal.
Fixed Rate Mortgages
With a fixed-rate mortgage, the interest rate stays the same throughout the life of the loan. This means that your principal and interest payment will stay the same. Fluctuations in market rates, over the term of your loan, won’t have an impact on your payment.
Blaze offers competitive interest rates
1% Down Payment Option
For qualified first time homeowners, Blaze offers a unique 1% down program option. Available with a fixed or adjustable rate. Home must be owner-occupied.
Home Ready Program
The Home Ready loan program assists borrowers with low to moderate incomes when purchasing a home.
The program offers a low down payment (3%) option, lower rates and a reduced monthly mortgage insurance payment.
FHA Loan
Federal Housing Association (FHA) program offers a low down payment option. Borrowers with limited credit history are allowed and more lenient qualifying requirements.
FHA loans are serviced by our partner, Servion.
VA Loan
Available for active-duty service members, veterans and their spouses through the Veterans Administration. The VA loan program offers 100% financing and no mortgage insurance requirements.
VA loans are serviced by our partner, Servion.
Adjustable Rate Mortgages
An Adjustable Rate Mortgage (ARM) loan offers a lower initial rate than a traditional fixed-rate loan.
Blaze offers ARM loans with a low fixed rate for three, five, seven, or ten years. After that period, the rate may adjust yearly.
ARM loans are a great way to save interest during the initial rate lock period. So if you do not plan on staying in the home for a long time, a Blaze ARM may be a good option.
Rate Re-lock Guarantee
All Blaze ARM loans come with the Rate Re-Lock Guarantee which means you are able to re-lock your rate at any time, for an additional fixed period, at current rates. The available rate will depend on your original chosen loan program. The newly re-locked rate will be applied to the remaining term and principal balance of your existing Blaze ARM. Re-locking does not require an application, credit check or appraisal. Fee applies. To request a re-lock, please contact your Mortgage Loan Officer for details.
Loan Options
Vacation/Second-home Loans
Create lasting memories from your favorite go-to destination. You only have to occupy the home part of the year, but it cannot be a rental property.
We offer competitive second-home loan rates.
Land Loan
Apply for a land loan if you are looking to purchase land for recreational use.
Blaze offers a 5/1 adjustable rate or a 15-year fixed-rate mortgage on purchases with a minimum down payment of 20%.
Bridge Loan
If you're looking to buy a house but you aren't ready to sell your current home, a bridge mortgage is a great option. Bridge loans enable you to put a non-contingent offer on a house.
Blaze offers up to 85% loan-to-value financing and 12 months to sell your current home.
Your final mortgage financing must be with Blaze to qualify.
Construction Loan
Whether you are considering a new home build or home renovation, our mortgage lenders will keep your project in scope.
Blaze offers a fixed-rate interim construction loan for your primary residence or second home with up to a 90% loan-to-value.
Lot Loan
Apply for a lot loan if you are looking to purchase land for future residence construction.
Blaze offers a 3/1 adjustable rate mortgage on purchases with a minimum down payment of 20%.
Jumbo Home Loans
Available for loan amounts above the conforming loan limits. Fixed and adjustable rate options are available. Low flat origination fee.
Meet Your MLO
Disclosures
We offer conventional loans in all states except AK, CA, HI, NY, and TX. We offer government (FHA/VA) loans in all states except AK, AZ, HI, MA, NY, RI, VA, VI, VT, or Washington, D.C.
1Offer valid on Conforming First Mortgage Loan applications submitted between June 1, 2024 and August 31, 2024 and valid on purchase transactions only. Appraisal fee will be waived for loan amounts up to $766,550. All other fees will apply including third-party fees. Loans subject to credit approval. This offer not valid for home equity loans or refinances. Qualifications apply.