Morsen Services, Inc.

Morsen Services, Inc. is a mortgage broker in Owatonna, MN, located at 1414 S Oak Ave #3. Serving farm and ranch customers in the upper Midwest since 1989, the company provides agricultural-based real estate loans to farmers, ranchers, and eligible businesses servicing production agriculture.

Loan products feature variable, adjustable, and fixed interest rates, with amortizations up to 30 years. Fixed rates are available in 5, 7, 10, 15, 25, and 30-year periods, while resets are available in 5, 10, and 15-year periods with 25-year maturities. Most loans allow for open pre-payment on any scheduled payment date. To match business capital and capacity with appropriate loan structures, the company utilizes multiple funding sources, including the Farmer Mac System, Agri-Access, Prudential Insurance Company of America (PGIM Real Estate Finance), and independent commercial banks in the Midwest.

The team provides individualized attention throughout the lending process, from account creation to final billing and payment collection. Chief Executive Officer Wally Thomas brings 29 years of direct lending experience from mid-western banks to both agricultural and commercial clients.

The business is situated on South Oak Avenue, just a tenth of a mile from Steele County Community Center and a third of a mile from South Cedar Avenue.

BizScoreAI awarded the business a perfect 100 out of 100 for its Discoverability score, which ensures AI crawlers can find every page of the website so they can recommend the business. The Technical score of 93 out of 100 confirms the website is secure and indexable, allowing search engines to read it without errors. The business ranks number 1 of 3 Mortgage Broker businesses that BizScoreAI has scored in Owatonna.