Bremer Bank is a financial corporation based in St. Paul, Minnesota. Its vision is to strengthen communities through comprehensive financial solutions, turning customers’ dreams into reality. They have competitive mortgage rates and a variety of different programs meant to meet your needs. This article reviews Bremer Financial Corporation mortgage rates and will provide current rate information.

Bremer Bank Current Mortgage Rates

The Bremer Financial Corporation mortgage rates split into conventional fixed-rate mortgages. There are adjustable-rate mortgages (ARM), FHA and VA loans, and Jumbo loan options. Find a full and detailed description of the Bremer Financial mortgage rates and services on their mortgage loan options page.

The conventional, fixed-rate mortgage loan can be used for a first-time homebuyer, repeat homebuyer, second home (investment or vacation home). Or to refinance a current home loan. The following information is based on a loan estimate for a $150,000 loan with a 20% down payment, a borrower with excellent credit, and 1% origination fee at closing.

Type of Mortgage Rate Interest Rate APR (Annual Percentage Rate) Estimated Monthly Payment
30-year fixed rate 4.125% 4.270% $726.97
15-year fixed rate 3.250% 3.501% $1,054
FHA – 30-year fixed rate 3.750% 4.270% $726.97

*** Disclaimer: Rates, terms, and fees are subject to change without notice so borrowers should visit the Bremer Bank website for updates on the current Bremer Financial Corporation mortgage rates.

Bremer Bank offers loans for first-time homebuyers (FHA) at a 30-year fixed rate interest of 3.750%. The annual percentage rate (APR) is at 4.815%.

Even more, if you are an active-duty or veteran military member, Bremer Bank offers affordable VA loans. These loans include lower down payments, reduced closing costs, and other discounts. Of course, additional paperwork is necessary to verify active-duty or veteran status.

Bremer Bank Mortgage Rates Additional Information

In addition to the conventional, fixed-rate mortgage loan, Bremer Bank offers another loan program. It is called adjustable-rate mortgage (ARM), and can be used for a standard mortgage, similar to a conventional loan.

ARM’s are available for several types of loans. For example, a first-time home buyer, a repeat home buyer (buying next or last home). Either for a second home or vacation home or refinancing the current mortgage. Even an investment property loan.

On the one hand, by purchasing your home using an ARM loan, you can receive a lower interest rate or initial payment. On the other, your rate would only be locked in for the negotiated time. Afterward, your rates could adjust based on current market rates.

If the home you plan to purchase is above $424,100, then you would not qualify for a conventional, fixed-rate or ARM loan. Instead, you would need a Jumbo Loan (also called “non-conforming loan”). Furthermore, Bremer Bank offers these types of loans to borrowers with an agreement of higher interest rates and a higher down payment.

Deciphering the various Bremer Financial Corporation mortgage rates can seem like a daunting process. However, Bremer Bank offers one-on-one counseling with an experienced mortgage loan officer.

Nevertheless, before applying for a loan, it is important to understand how much you can afford. And what your monthly payment would be, including taxes and insurance. Bremer Bank’s website features a mortgage qualifier calculator and a mortgage loan calculator.


Bremer Financial mortgage rates are competitive with other mortgage rates available on the market. They are able to find the best loan to fit your needs. This is regardless if you are a first-time home buyer, or if you qualify for a VA Or if you are just in the market for a conventional, fixed-rate mortgage.

You can visit the Bremer Bank website to request more information and to speak with a customer service representative that can help answer your questions.