Morsen Services, Inc.

Morsen Services, Inc. is a mortgage broker in Owatonna, Minnesota, specializing in agricultural-based real estate loans for farmers, ranchers, and eligible businesses involved in production agriculture. Since 1989, the company has provided tailored financing solutions across the upper Midwest, offering variable, adjustable, and fixed interest rate products with amortizations up to 30 years. Clients benefit from personalized service throughout the lending process, including account creation, funding, and payment collection, supported by a small, dedicated team. The company serves clients in Owatonna and surrounding areas, with a reputation for reliability and deep industry experience.

Morsen Services, Inc. leverages multiple established funding sources, including Prudential Insurance Company of America (PGIM Real Estate Finance), the Farmer Mac System, Agri-Access (a division of an FCS Institution), and independent midwestern commercial banks. These partners share the company’s commitment to agriculture, enabling Morsen to match clients’ specific needs, based on commodity type, capital requirements, and business capacity, with the most suitable loan structures and competitive terms. The team, led by Chief Executive Officer Wally Thomas, brings nearly three decades of direct lending experience, combined with agricultural education and accounting expertise, to deliver informed, customized financial guidance.

The business is located at 1414 South Oak Avenue, Suite #3, in Owatonna. It sits about a tenth of a mile from South Oak Avenue, within a short walk of the Steele County Community Center and Minot Brown Park, both within a half-mile radius. Nearby landmarks include South Cedar Avenue, the Free Clinic of Steele County, and the Trophy Case shelter, all within a half-mile distance.

Morsen Services, Inc. is recognized for its long-standing presence in the agricultural finance sector and its consistent delivery of specialized loan products. The company’s deep roots in the region, combined with its network of trusted lenders, support its reputation for dependable service and client-focused solutions in rural lending.