Mom playing with her kid outside.

Mortgage Loans

Home loans to help you live the way you dream.

Buying your first home, planning improvements or making a big move? The Keen Bank mortgage team is ready to help you understand your purchasing power and find the right loan at a competitive rate. Our knowledgeable mortgage loan officers listen to where you want to be, understand the lending landscape and can help position you to live the way you dream.

Home Mortgage Loans

Keen Bank offers a variety of loans, tailored to meet our customer's specific needs and budgets. Establishing a budget and taking the steps necessary to be prequalified are just the beginning of the home buying journey. With over 50 years of combined expertise, our lenders can assist with a variety of loans including:
  • Conventional loans
  • Construction financing
  • Home equity loans
  • Home equity lines of credit
  • FHA loans
  • VA loans
  • RD loans
  • In-house loan options
  • Bridge loans
  • Federal first-time home buyer programs
Keen Bank is locally owned and managed with the ability to lend in all 50 states. We make decisions quickly and provide competitive rates and exceptional customer service, during the loan process and after closing.

Bridge Loans

A bridge loan is a short-term loan used to bridge the gap between buying a home and selling your previous one. Circumstances might have you buy before you sell, which means you would not have the profit of the sale of your home to apply to your new home’s down payment. This could present challenges if you are dependent on that money to purchase your new place.

A bridge loan from Keen Bank can help with providing quick financing and eliminate any financial contingencies in an offer. You can also avoid private mortgage insurance (PMI) by putting down 20 percent or more of your down payment with the help of a bridge loan. Our experienced mortgage loan officers are dedicated to making the financing process easy and we are locally owned—giving us the ability to make decisions quickly. With a bridge loan from Keen Bank, we can offer:

  • Flexible terms
  • Competitive rates
  • Quick financing
  • No prepayment penalties


If you are thinking about refinancing your home, our knowledgeable team of lenders can help you evaluate what's right for you. We take the time to understand the interest rate on your current mortgage and the market when you purchased your home to determine if refinancing can offer you a benefit such as a better interest rate, pay off the loan sooner or lower your monthly payments. Regardless of where you have your current home loan—whether it's with Keen Bank or another financial institution—we are ready and eager to work alongside homeowners and help them determine what solution fits their long-term financial goals. 

Home Equity Loans

The advantage of owning a home is equity—the difference between current market value and the amount you owe. This gives homeowners the flexibility to get more from their home and borrow money from the equity of their home for major expenses such as home improvement projects, renovations, educational expenses and debt consolidation.

The amount you can borrow is largely determined by taking your home's appraised or fair market value and subtracting the balances of any outstanding mortgages and liens on the property. Our experienced team of lenders are available to answer any questions and develop a repayment schedule for a specific period of time. 

Home Equity Lines of Credit

Home equity lines of credit can offer you quick access to cash and provides the ability to plan for the unexpected and borrow up to an established limit when life throws a curve ball without having to reapply for a loan. You only pay interest on the amount of money you use when you need it.

Keen Bank will not perform a credit check upon receipt of an online loan application. When you complete an application online, a Keen Bank lender will contact you and learn more about your needs and how they can help you, prior to pulling a credit check. If you have questions, please contact us 507.835.2740.

A couple looking at a folder in a car dealership showroom.

Personal loans for life's twists and turns.

Purchasing a car, consolidate existing debt or have an unexpected financial need? We can help.


Meet Our Team

Our knowledgeable mortgage loan officers listen to where you want to be, understand the lending landscape and can help position you to live the way you dream. There's no place they would rather be than at your side.

Sara Lynch
VP of Mortgage Lending
NMLS ID #1142354


Alyssa Bowers
Mortgage Lending Officer
NMLS ID #815776


Making Your Payment Has Never Been Easier

At Keen Bank, we make it easy for you to make your loan payments and you can feel confident that your payments stay local and are processed in-house.
Set up a payment from any banking account via Online Banking or the Keen Bank mobile app using the External Transfer feature. You also have the ability to set recurring payments. Get Started
Send in your payment by mail to our Waseca location.
Swing in to our Waseca location and drop off your payment and say hello. We are always happy to see you!