Lori Wittmer

Senior Mortgage Banker


1200 West County Rd. E
Suite 200
Arden Hills, MN 55112


Meet Lori

Lori has nearly three decades of banking experience. She has dedicated a majority of her career to mortgage lending, working directly with borrowers on all types of mortgage lending needs. She has been credited as a Top 10% performer and has routinely garnered recognition for client satisfaction. Along with mortgage origination, her background also encompasses loan processing and underwriting. Lori was drawn to Lake Area Mortgage by their commitment to full-service banking. The opportunity to offer traditional banking products and private client services to the borrowers she worked with was very important to Lori. As the banking industry continues to evolve, Lori understands the importance of aligning herself with a local company that offers a full complement of services and shares her values.

“Lori has been one of the most trustworthy and hardworking individuals I’ve had the pleasure of doing business with. We were purchasing our second (and possibly final) home and it was a large investment for us. Lori was able to walk us through the process and explain everything in a clear and concise way that we could understand. She’s been like one of our family and her commitment to customer service and making sure we received the best experience possible was above and beyond. You truly have someone on your team that brings a value to LAM that sets it apart from other Twin Cities mortgage companies.”

Tony C.


Conventional Mortgage

A conventional mortgage is one of the most common types of home financing. They offer terms ranging from 10 to 30 years with fixed and adjustable rate options. This loan type is ideal for homebuyers who have the ability to put more money down at closing. although the minimum required down payment can be as little as 3%!

A larger down payment (20% or more) can eliminate the need for mortgage insurance, ultimately lowering your monthly payment! Gifted funds are allowed towards your down payment and closing costs.

You may purchase a primary residence, secondary residence, or investment property via a conventional loan.


Homebuying Solutions

For first-time homebuyers, move-up buyers, second home purchases, and investment properties. Lake Area Mortgage is dedicated to making the entire process smooth and simple.


Building Your Dream Home?

Lake Area Mortgage makes financing easy with our Single-Close Construction Loan – one loan, one set of closing costs.


Thinking About Refinancing Your Mortgage?

We’re here to help you take the next step. Lake Area Mortgage can help you determine whether refinancing is right for you.


Don’t Move. Improve!

The Lake Area Mortgage Renovation Loan provides a simple and convenient way for borrowers to finance home improvements and renovations.

Mortgage Calculators To Help Plan Your Home Purchase

Our Easy Loan Process

Let’s Talk About You

Set up a meeting with your mortgage loan officer to discuss your home financing needs, goals, and current fiscal situation. Be prepared to provide information on your current income, assets, and liabilities. You’ll also need to agree to a review of your credit report. We’ll use this information to provide a pre-qualification for a loan, including the loan amount that you qualify for.

Shopping for a home with pre-qualification is shopping with confidence!

Apply Online

Your loan officer will provide you with a more detailed list of required documents for your official loan application. The documents required to approve and underwrite your loan can vary depending on program, credit score, and job type.

During this step, you’ll also be looking to make an offer on your new home.

Let Us Do The Work

Once your offer to purchase a home has been accepted, your loan officer and their team will begin processing your file for underwriting. During this time, we may request additional items that we need to approve your loan.

Generally, your rate will be locked at this time and an appraisal will be ordered.

Underwriting Process

Our in-house underwriting team will review the file to issue a loan decision. Your approval may require you to submit additional items. Once these extra items are submitted, we’ll be able to obtain final approval in 24 to 48 hours and your loan will be clear to close!

After your loan is clear to close, you will be notified of the exact amount of money you will need to bring to closing.

Clear to Close

Once you sign the final loan documents, the transaction will be completed and closed.

If your loan was a purchase, you’re a new homeowner! Your real estate professional will have your house keys at closing or schedule a time to deliver them.

If your loan was a refinance, enjoy the benefits of your new loan!

Our History

Lake Area Mortgage is proud to have been a top local lender with a reputation for providing expert mortgage loan services since 2007. Lake Area Mortgage is a division of Royal Credit Union, meaning that by obtaining a Lake Area Mortgage loan you also become a Member of Royal Credit Union. During the loan process, you’ll open a Royal Credit Union savings account as your share in the credit union and gain access to all the accounts, loans, and services that Royal Credit Union offers.

Our #1 Priority is your Satisfaction

All stages of the loan process are handled here, at Lake Area Mortgage. You’ll appreciate our experienced staff, in-house processing, underwriting and closing department to help ensure the loan process goes smoothly.

We pride ourselves on having award-winning loan officers who are dedicated to helping customers land their dream homes. Our local market knowledge can be key during your homebuying process.

Lori Wittmer

Senior Mortgage Banker | NMLS#869636

Royal Credit Union is a proud Equal Opportunity Employer. | Loans subject to approval

© Copyright 2022 – Lake Area Mortgage™, a division of Royal Credit Union – NMLS ID# 543781

1200 West County Road E, Suite 200 | Arden Hills, MN 55112
Phone : (651) 209-2900 | Fax: (651) 209-2929