Hi! I'm Shane...
Your Mortgage Consultant!
Committed to giving you all the support and guidance you need to find the right mortgage options for you and your family.
Shane Hofmann
Mortgage Consultant
NMLS: 245001
Prior Lake, MN, 55372
Home financing tailored to meet your needs
We have a full suite of mortgage programs to meet your needs and give you a competitive edge:
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01Fixed & adjustable rate mortgages
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02Federal Housing administration loans (FHA)
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03Veterans affairs loans (VA)
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04Renovation financing
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05Jumbo loans
Where can we help you thrive?
Are you looking to buy your first home? Need help managing your mortgage payment?
Trying to figure out how to afford that renovation? Whatever you situation is, we've got the answers.
Select a module
Know Your Monthly Mortgage Payment
Tim Wilson
President and CEO
"Our mission is to provide financing solutions that positively impact lives and make a difference in the communities where we lend."
4.95 of 5.00
Our average client rating. YTD 12/2021 on experience.com
Explore the local area. Find restaurants, delivery, movers, and more...
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Perrons Sul Lago
113 reviews
A tucked away gem in Prior Lake. There's a small parking area out front but plenty of street parking in the surrounding area. Strongly recommend making a...
Read more on Yelp+1 (952) 440-141116154 Main Ave SE, Ste 135, Prior Lake, MN 55372
Pizza-N-Pasta
13 reviews
Awesome pizza and the traditional 18" I highly advise giving it a try. The Italian fries were great too !!! New local fav pizza for this family !
Read more on Yelp+1 (952) 226-420015875 Franklin Trl, Ste 103, Prior Lake, MN 55372
Asian Bowl
47 reviews
Curry Chicken and Mushrooms. With Egg Rolls. It's an ADDICTION !!! It's so dang amazing. Just to be clear, I order mine with no veggies as it usually comes...
Read more on Yelp+1 (952) 226-30075737 Egan Dr, Savage, MN 55378
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Plate
104 reviews
Foods amazing and service is amazing! I love Plate. Buffalo shrimp and avocado toast is usually what I get.
Read more on Yelp+1 (952) 440-550016323 Main Ave SE, Prior Lake, MN 55372
Perrons Sul Lago
113 reviews
A tucked away gem in Prior Lake. There's a small parking area out front but plenty of street parking in the surrounding area. Strongly recommend making a...
Read more on Yelp+1 (952) 440-141116154 Main Ave SE, Ste 135, Prior Lake, MN 55372
Pau Hana
89 reviews
Everybody knows me long enough, you are quickly realized I am high maintenance(no need to ask the woman I am related by marriage)... Occasionally, I want...
Read more on Yelp+1 (952) 447-132214435 State Hwy 13, Savage, MN 55378
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Junk Bonanza
3 reviews
The best in the Midwest! The vendors here bring you their best! Junk Bonanza is held twice a year. See their web site and Instagram for all the details!
Read more on Yelp+1 (612) 227-81611100 Canterbury Rd S, Shakopee, MN 55379
Mall of America
1289 reviews
It is always a great time visiting MOA. It is such a beautiful, well kept mall. We stopped by here as our hotel was close by and enjoyed being able to get...
Read more on Yelp+1 (952) 883-880060 E Broadway, Bloomington, MN 55425
32 North Boutique
3 reviews
What an adorable store in downtown Chaska! It's nice to see stores moving back into downtown and this is definitely a gem! They have a variety of women's...
Read more on Yelp+1 (952) 303-5897415 N Chestnut St, Chaska, MN 55318
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ProKART Indoor Racing
14 reviews
This place is cool. The boys loved it. The staff is great. The carts were fast. And...the printouts let the boys see lap for lap how they did. Pretty fun.
Read more on Yelp+1 (952) 808-722314350 Rosemount Dr, Burnsville, MN 55306
Grand Slam Sports & Entertainment Center
35 reviews
This place was really fun. My kids went for a birthday party. It seemed well laid out. There were arcades, mini golf, trampolines, batting cages, bumper...
Read more on Yelp+1 (952) 224-041412425 River Ridge Blvd, Burnsville, MN 55337
Whirly Ball
18 reviews
Whirlyball is like playing lacrosse & basketball on bumper cars. They had several parties while I was there, so it was a little busy. There is, also, a bar,...
Read more on Yelp+1 (763) 657-15552405 E Old Shakopee Rd, Bloomington, MN 55425
I'm here to answer all
your mortgage questions
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Do I need to save for a 20% down payment?
No! With FHA loans you can get approved for as little as 3.5% down, VA and USDA loans can offer you $0-down options, and with Private Mortgage Insurance (PMI) you can get into your new home with less than a 20% down payment. Whatever your situation, you have options.
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Are Pre-Qualification and Pre-Approval the same thing?
No. Pre-qualification and pre-approval are two different things. Pre-qualification means that a mortgage lender has reviewed your financial records and believes you will qualify for a loan. A pre-approval is a conditional committment from a lender that they will lend you the money for a mortgage.
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What's the difference between an adjustable and a fixed rate mortgage?
A fixed rate mortgage means that the interest rate is set when you take out the loan and will not change. With an adjustable rate mortgage, the interest rate may go up or down after a certain amount of time. Many adjustable rate mortgages will start at a lower interest rate than fixed rate mortgages.
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What is Private Mortgage Insurance (PMI)?
Private Mortgage Insurance (PMI) is a type of insurance you may be required to pay if you are taking out a conventional mortgage with a downpayment that is less than 20% of the home's overall value. If you refinance your home with a conventional loan and your equity is less than 20% of the home's value, you may also be required to pay PMI. Private Mortgage Insurance protects the lender in the event that you stop making payments on your loan.
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Can I access my home equity before I finish paying off my loan?
Yes! Your mortgage advisor can help you find the right refinance and reverse mortgage options to help you access your home equity before you've finished paying off your loan. This can help with covering the cost of remodels, college tuition, long-term care plans, and more! Talk to your mortgage advisor to find out how you can access your home equity to cover any of your life's needs.
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What do I do if I can't afford my mortgage payment anymore?
The first thing you should do in the event that you can't afford your mortgage payements anymore is reach out to your lender. An experienced mortgage advisor can help you find options, such as refinancing or restructuring your loan, to help you keep up with your payments. Always reach out to your lender to ensure that you can keep up with your payments and stay in your home.
Take a look
inside our world
Looking at how we do business at Edina Realty Home Loans Mortgage is as simple as a conversation. Are you ready to step inside?
Shane Hofmann
Mortgage Consultant
NMLS: 245001