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10402 73rd Ave N, Suite 78 Maple Grove, MN 55369 Mobile (952) 200-0754 Tel (952) 200-0754 [email protected]
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- monday: 8:00AM – 5:00PM
- tuesday: 8:00AM – 5:00PM
- wednesday: 8:00AM – 5:00PM
- thursday: 8:00AM – 5:00PM
- friday: 8:00AM – 5:00PM
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- Purchase
- Refinance
Alec Johnson
- Production Manager / Loan Originator
- Maple Grove, MN Mortgage Loan Officer
- NMLS #273107
I’ll be with you every step of the way
Hi, I’m Alec, a loan officer at our Maple Grove, MN branch with America’s #1 Retail Mortgage Lender. For nearly 18 years, I’ve worked in the mortgage industry while living in the Twin Cities my entire life. During this time, I’ve built a strong nationwide client network by being honest, reliable, and providing top-notch communication and service.
Taking great care of my clients is my top priority. By getting to know you and understanding your unique home purchasing goals, I’m able to tailor your loan options to fit your needs. I offer a wide range of products, including conventional, jumbo, FHA, VA, and renovation loans. Together, we’ll walk through each step of your home financing journey.
I’m committed to educating you from the moment we meet to long after you get the keys to your home, ensuring a smooth and easy process. My goal is to provide outstanding service and communication, making the real estate world relatable, understandable, and even fun!
Alec’s testimonials
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How much will my mortgage payment be?
This calculator is being provided for educational purposes only. The results are estimates based on information you provided and may not reflect CrossCountry Mortgage, LLC product terms. The information cannot be used by CrossCountry Mortgage, LLC to determine a customer’s eligibility for a specific product or service.
Inspiration for your home loan journey
Frequently asked questions
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Refinancing costs typically range from 2% to 6% of the loan amount and include fees such as appraisal, title insurance, and closing costs. Factors like your loan type, location, and credit score can significantly impact these expenses. Our team can help to provide strategies that can help minimize costs.
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To determine how much home you can afford, you’ll want to assess your financial situation. This includes your income, expenses, and debt-to-income ratio, to ensure your mortgage fits comfortably within your budget. A general guideline is to spend no more than 28% of your gross monthly income on housing costs and 36% on total debt.
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A good credit score typically starts at 620 for conventional loans, while FHA and VA loans may accept scores as low as 500, though higher scores offer better terms. A strong credit score can help you secure lower interest rates, saving you significant money over the life of a home loan.
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A Home Equity Line of Credit (HELOC) is a revolving line of credit that allows homeowners to borrow against the equity in their home. HELOCs function like a credit card, giving access to funds up to a set limit, which can be used for expenses like renovations or debt consolidation. You only pay interest on the amount you borrow, and the repayment terms typically include a draw period followed by a repayment period.
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To calculate your mortgage payments, start with your loan amount, interest rate, and loan term. Your payment will depend on the interest charged over time and the repayment schedule. You can use a monthly mortgage payment calculator or connect with us to learn more.