Make your next move with us.

If you have mortgage related questions, we have the answers. Ask away and one of our experienced lending professionals will be happy to help you out.

North Star Mortgage LLC - Logo

Welcome to the online home of North Star Mortgage. We are located in Mankato Minnesota. We've been helping people purchase or refinance home mortgages for 27 YEARS! We use a wide range of mortgage loans to help our clients find the best loan option. Hopefully, this website will help you understand the different loan options and the process.

Why Work with North Star Mortgage LLC? Our clients enjoy the high level of customer service we provide throughout the entire process of applying for and purchasing a home. We work with clients of all types, who are looking for different loan options, different loan amounts (even jumbo loans), and very low rates. We offer fast pre-approvals for loans that big banks simply can’t push through as quickly. We have worked in the Mankato area for a long time, and we know the market here. It's important to us to make the process as smooth and as easy to understand as possible. We are very familiar with the best home loan options for first time home buyers.

Regardless of your mortgage needs, North Star Mortgage LLC has the knowledge and the honest approach that will make you feel comfortable. Please feel free to call or text me at 507-380-1535

Erik Olson-Owner/Mortgage Consultant



Whether you are a first time home buyer or purchasing your dream home, The North Star Mortgage LLC Team will help you find the right financing solutions to meet your needs.


Give us a call or simply fill out any of the forms on our website and one of our experienced mortgage lenders will be in touch right away!


Mortgage Rates can change on a daily basis. Due to these fluctuations timing is everything. Our team specializes in understanding market trends. We help homeowners determine the right time to purchase or to refinance.


Give us a call or simply fill out any of the forms on our website and one of our experienced mortgage lenders will be in touch right away!


We can help you lower your interest rate, lower your monthly payment, or take cash out. The North Star Mortgage LLC team is here to help you with all of your mortgage refinancing needs.


Give us a call or simply fill out any of the forms on our website and one of our experienced mortgage lenders will be in touch right away!

What are you waiting for? Getting started is easy. We offer very competitive rates, have great service, and always close on time.

We Offer Several Different Loan Programs To Meet Your Needs.

A smart buyer is an informed buyer.
Take the time to learn more about the types of loans we provide by selecting one of the links on the right.

FHA Loans

FHA loans are a popular choice among first time homebuyers given their low down payment requirements and ease of qualification.

VA Loans

Veterans, active military, and their families can take advantage of a VA loan to purchase a home with no money down, great interest rates, and no private mortgage insurance.

Home Purchase Loans

Whether you are interested in a Conventional Loan, FHA Loan, VA loan or other similar financing option, our team of experts will help you find the solution that works best for your needs.

Home Refinance Loans

Learn more about how refinancing your mortgage can help you save money over the life of your loan by lowering your interest rate or reducing loan terms.

Conventional Loans

Great rates and buyer flexibility make conventional loans the most popular mortgages on the market today.

Jumbo Home Loans

Jumbo loans can be the perfect option if you are looking for a home loan that exceeds the limits placed on government backed options such as FHA loans.

Cash-Out Refinancing

If you have equity in your home, a cash-out refinance can provide you with the money needed for home repairs, debt consolidation, and other various expenses.

The North Star Mortgage LLC Team

Start your home loan process here!

The North Star Mortgage LLC team is committed to providing clients with the highest quality financial services combined with the lowest rates available in your area. The outstanding mortgage professionals here will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs. Whether you are purchasing your dream home, refinancing an outstanding loan, or consolidating debt, the highly experienced team of loan officers here can help you find the right loan program at the lowest rate no matter what your needs are.

Erik Olson Portrait

What our clients are saying

As first time homebuyers, my girlfriend and I had been running into roadblock after roadblock! We pretty much had 2 days left to get qualified and put in an offer. In those two days Erik was able to make that happen for us! We had wished we heard about Erik sooner and it would’ve made it that much simpler! Nonetheless, he made it very easy for us and explained the whole process and made it simple to understand. He was there from start to finish and answered any questions we had along the way. We might not need another home for a long time, but if we do, and Erik is still in the business….he will be our go to guy! Thanks Erik!!!

Eric & Kelsey

Thank you both so much for working on my behalf to complete the 121 E. Pleasant St loan. I appreciate that you advocated on my behalf to avoid a delayed closing and am grateful you used your clout to persuade Rocket to expedite their review of the needed changes to the appraisal. Although totally psychological "closing on time," was important to us. After closing, it was lovely taking the short walk with a big ring of keys to our new home and being able to leave an initial set of our keepsakes to symbolically show that "we are there." Home is where your heart is, right? Although mine will always be wherever my kids are, it is wonderful to have a view of the future we'll be enjoying together for the next few years.

I've now owned 121 E. Pleasant St. for almost exactly a week and a day and have been fortunate to connect with a number of contractors who are helping us to establish what we'd call a working household there. We'll be having an accessible ramp and 1st floor bath, a major improvement for Dad/Grandpa and all of us are looking forward to being in Mankato where we can be together comfortably, appreciate fireflies in our backyard, see stars at night and take a drive in the country when we have a whim. Thank you so much for making this possible for us. I'm so blessed to have been able to work with both of you.

 Many thanks again and take care!




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North Star Mortgage LLC NMLS #379299
Erik Olson NMLS #379970

Equal Housing Lender

Contact Us

North Star Mortgage LLC
1720 Adams Street
Mankato, MN 56001

(507) 387-6789