Skip Navigation


Looking for your dream home? We provide a variety of Mortgage programs to help fit your borrowing needs. Our experienced team of lenders are eager to walk you through the home buying process.

Click here to see our current rates 

Apply Now

Mortgage Loan Options

Fixed Rate Mortgages

  • Steady Payments
  • Options of 15, 20, or 30 year terms
  • Interest rate does not change during the life of the loan

Guaranteed Rural Housing (USDA)

  • No down payment
  • Insured by the federal government
  • Fixed rate for 30 year term
  • Loans may be made up to the properties appraised value
  • Ideal for those who have set incomes
  • Available in qualifying areas

WHEDA Advantage

  • Down payment can be a gift
  • Minimum closing costs
  • 30 year fixed interest rate
  • Programs with no primary mortgage insurance available

FHA Mortgages

  • 30 year fixed rate
  • Minimal down payment, may be gifted
  • No income limits
  • Not limited to first time home buyers

Federal VA Mortgage

Available for:

  • Qualified Armed Forces personnel
  • Active military personnel
  • Veterans or their surviving spouse

Home Possible Mortgage

Available for low to moderate income borrowers

  • Low down payment option
  • Stable/fixed monthly mortgage payments
  • Flexible closing cost funding options

Construction/Remodel Loans

Building a new home or updating an existing one is very exciting, but financing new construction requires a special type of mortgage loan. Contractors and subcontractors will require payments as construction continues. 

First National Bank of River Falls can help you through this process, while you take advantage of:

  • Low interest rates
  • Interest only payments during construction phase
  • Easy transition to a First National Bank of River Falls end loan

For a complete list of our Mortgage Lender's NMLS ID numbers click here.

Contact Our Mortgage Lenders

Tim Cashman
River Falls Office
NMLS #489215


Debbie Volkert
River Falls Office
NMLS #655385

Scott Murphy
Prescott Office
NMLS #684039

Easy Access to Your Funds

Keep track of your business accounts when and where it’s convenient for you.

Business Mobile Banking Features

Deposit Checks the Easy Way

Receive your funds faster and easier with Mobile Deposit!

Learn More