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Mortgage Loans in Roseville, MN

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Mortgage Home Loan

How the process works

1

Documentation

There are a few critical documents we will need to verify to start your process.  Learn More
2

Appraisal

The appraisal insures the home you are buying is worth the price that is being offered. Learn More
3

Initial Underwriting

The Underwriter will verify that all information is accurate and authentic. Learn More
4

Conditional Approval

Conditional Approval is granted when the Underwriter approves the loan under certain conditions. Learn More
5

Clear To Close

The Underwriter verifies that all documentation has been provided and all conditions have been met. Learn More
6

Closing

Signing the final documentation and receiving the keys to your new home! Learn More

Documentation:

Appraisal:

Underwriting:

Conditional Approval:

Clear to Close:

Closing:

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All about Roseville

Roseville is a city in Ramsey County, Minnesota, United States. It is one of two Twin Cities suburbs that are adjacent to both Saint Paul and Minneapolis (the other is Lauderdale). The land comprising Falcon Heights, Lauderdale, and southern Roseville was unincorporated until Roseville incorporated in 1948 and Falcon Heights and Lauderdale incorporated in 1949.

Source: https://en.wikipedia.org/wiki/Roseville,_Minnesota

History of Roseville

Roseville’s land was originally home to the Dakota and Ojibwe. The first white settlers came in 1843, and the Native Americans left the area by 1862. Rose Township was established in 1858; it was named after one of the first settlers, Isaac Rose. The township included the areas now known as Roseville, Lauderdale, and Falcon Heights, as well as parts of present-day Saint Paul and Minneapolis. The area saw rapid growth through the 1930s and 1940s, and Roseville incorporated as a village in 1948 to accommodate it. Falcon Heights and Lauderdale soon followed suit, and Rose Township ceased to exist. The first Roseville Police Chief was Ray Goneau and he held that position until 1977.

Source: https://en.wikipedia.org/wiki/Roseville,_Minnesota

Geography of Roseville

According to the United States Census Bureau, the city has an area of 13.84 square miles (35.85 km2), of which 13.00 square miles (33.67 km2) is land and 0.84 square miles (2.18 km2) is water.

The 45th parallel crosses the city; a marker at the northeast corner of the intersection of Cleveland Avenue and Loren Road identifies the location.

Interstate Highway 35W and Minnesota Highways 36, 51 (Snelling Avenue), and 280 are the four main routes in Roseville.

Source: https://en.wikipedia.org/wiki/Roseville,_Minnesota

Demographics of Roseville

As of the census of 2010, there were 33,660 people, 14,623 households, and 8,406 families living in the city. The population density was 2,589.2 inhabitants per square mile (999.7/km2). There were 15,490 housing units at an average density of 1,191.5 per square mile (460.0/km2). The racial makeup of the city was 81.3% White, 6.2% African American, 0.5% Native American, 7.3% Asian American, 2.0% from other races, and 2.7% from two or more races. Hispanic or Latino of any race were 4.6% of the population.

There were 14,623 households, of which 23.2% had children under the age of 18 living with them, 46.0% were married couples living together, 8.4% had a female householder with no husband present, 3.1% had a male householder with no wife present, and 42.5% were non-families. 35.3% of all households were made up of individuals, and 15.4% had someone living alone who was 65 years of age or older. The average household size was 2.20 and the average family size was 2.87.

The median age in the city was 42.1 years. 18.6% of residents were under the age of 18; 10.8% were between the ages of 18 and 24; 23.7% were from 25 to 44; 26.6% were from 45 to 64; and 20.2% were 65 years of age or older. The gender makeup of the city was 47.1% male and 52.9% female.

Source: https://en.wikipedia.org/wiki/Roseville,_Minnesota

Economy of Roseville

Roseville’s property taxes are some of the lowest in the Twin Cities metropolitan area, owing in part to the extensive commercially zoned land. Several major shopping centers are in Roseville, including Rosedale Center and the Har Mar Mall. The city’s per-capita retail spending is slightly higher than that of Bloomington (home of the Mall of America), and it has the greatest number of restaurants per capita in the area.

The first Target store was built in 1962 in Roseville and replaced in 2005 with a SuperTarget. Roseville was home to the first Barnes & Noble bookstore outside New York City. This location was closed in 2005; the current Barnes & Noble in Roseville is the chain’s second store in Roseville. The first McDonald’s in the state of Minnesota was built in Roseville in 1957. The Roseville Dairy Queen, also first in the state, is currently on the Preservation Alliance of Minnesota’s list of the 10 Most Endangered Historic Places.

The credit scoring and data analytics firm FICO has one of its main Midwest U.S. office locations in Roseville.

The Minnesota Department of Education has its headquarters in Roseville, as does the Minnesota Department of Transportation-Metropolitan District.

The fifth-largest board game publisher in the world, Fantasy Flight Games, is based in Roseville. Roseville Visitors Association, the Official Visitors Site for Roseville, Old Dutch Foods, the Minnesota Department of Education, and the Minnesota State Lottery are headquartered in Roseville.

Source: https://en.wikipedia.org/wiki/Roseville,_Minnesota

Tyler Mulcahey Peters

Senior Mortgage Advisor  //  NMLS #1243885

Licensed in MN & WI

Tyler Mulcahey Peters is a Minnesota-native who is originally from southern Minnesota but has lived in Minneapolis since 2013. He and his husband, Andrew, purchased their first home together in 2017 and currently live in the Southwest Minneapolis Armatage neighborhood with their two spoiled Chihuahuas, Bentley & Piper.

A mortgage and loan professional since 2013 and having helped over 800 individuals, couples, and families become homeowners, he has the knowledge and experience to help you through the loan process, find the terms that are right for your budget, and make sure all the legalities are competently handled so that the closing goes smoothly and you can take possession of your new property on-time (and often-times, early).

tyler.peters@preferredrate.com(507) 837-9775
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