Ideal Home Loans & Refinance
Apply Now & Meet the Team
To begin your application, please select the branch that is most convenient for you below.
Doug Dotseth
Doug has over a decade of mortgage lending experience and helps members find the right home financing solutions. He strives to make the process smooth and stress-free. In his free time, he enjoys golfing, fishing and cheering on Minnesota sports teams.
- Email:
This email address is being protected from spambots. You need JavaScript enabled to view it. - Phone: 651-773-2824
- NMLS#: 1857285
Cynthia Stewart
Cynthia has been with Ideal CU since 1991, working in the cash services, member service, and mortgage areas. With years of experience, Cynthia is dedicated to understanding members' unique needs and ensuring they have the best financial solutions.
- Email:
This email address is being protected from spambots. You need JavaScript enabled to view it. - Phone: 651-773-2843
- NMLS#: 446884
Find the right solution for you
Start Up First-Time Homebuyers Program
Ready to buy your first home or get back into homeownership after a few years? Ideal Credit Union’s Start Up First-Time Homebuyers Program is here to help you make it happen. If you've never owned a home, or if it’s been more than three years since you last owned one, you might qualify as a first-time homebuyer.
Start your journey today—apply now and take the first step toward owning your dream home! Learn More
Conventional Mortgage Loan
A conventional fixed-rate mortgage offers stability with consistent payments over the life of the loan. As the most popular home loan option, it’s ideal for buyers looking for predictable monthly payments.
- Competitive fixed rate
- Up to 30-year terms*
- Available for purchase or refinance
- As low as 3% down payment options
Adjustable-Rate Mortgage (ARM) Loan**
An ARM loan provides initial savings with lower rates and built-in protections to limit future rate changes, making it a smart option for flexible buyers.
- 10/5, 10/1, 7/1 and 5/1 terms available
- Lower monthly payment
- Select the term that's best for you
FHA Mortgage Loan
An FHA mortgage loan provides flexible credit requirements and lower down payments, making it ideal for borrowers with limited funds looking to buy a home.
- Fixed and adjustable-rate options
- Available for purchase or refinance
- As low as 3.5% down payment options
Jumbo Mortgage Loan
For buyers considering higher-priced properties, a jumbo mortgage loan covers amounts beyond the $806,500 conforming limit, offering the flexibility to buy your dream home.
- Competitive fixed-rate options
- Available for purchase or refinance
- As low as 5% down payment options
VA Mortgage Loan
VA guaranteed mortgage loans offer eligible military veterans, active-duty service members and their surviving spouses a path to homeownership with added benefits and flexibility.
- 0% Down Payment
- No Private Mortgage Insurance (PMI) required
- Competitive fixed-rate options
Out of State Lending
Our partnership with Servion allows us to offer home loans in 42 states, with financing up to $806,500. Available on primary residences, second homes or investment properties, these loans can be used to purchase or refinance an out of state home.