Venture Development-How can we help you?

Customers first-committed to your needs since 1995

Satisfied customers are more important to us than anything else. We strive to be your lender/broker for life.  Our goal is to make the loan process as simple and worry-free as possible. We pride ourselves in offering the highest level of customer service, and appreciate the opportunity to earn your business. We do it all-whether you want to refinance to a lower mortgage rate, consolidate debt, get a new home mortgage, home equity line of credit or second mortgage, or purchase of an investment property.  We have grown our business one loan at a time, based on repeat business and referrals. 

We have the tools you need to make the correct decision regarding your next home mortgage.  We  can help you compare products so that the loan you select will match your goals.  We can create a special report specific to your situation by utilizing a number of special software programs.  If your credit score is not quite where it needs to be for a specific loan program, we will use one of our credit analyzer programs to see if there is something we can do to improve your scores.  In some cases, we have dramatically improved the borrower's scores to where the borrower can qualify for a better set of mortgage loan products.  At the same time, we have some clients that are in credit repair mode for the next 6-12 months.  We believe in being proactive.  We can make some suggestions on how you can re-establish credit.  Start now-so you can buy a home in the future!

Think of Venture Development when you need a  "Minnesota mortgage" .  We can help.  Whether you are a first time home buyer, move up buyer, second home buyer, investment property buyer, vacation property, or interested in financing commercial property please call us.  As a broker, we have access to some products that other lenders and broker simply don't have.  Here are just a few of our products and unique situations:  Fixed rate loans, adjustable rate loans, ARM, Option ARMs, second mortgages, HELOC's, Reverse Mortgages, One time close, new construction loans, interest only, credit problems, no credit score, debt consolidation, 100% financing, investor loans, no cost loans, low cost loans, no ratio, self employed, stated, true no doc, first time buyer, and investment property financing, 110% loans, and 125% loans.

Get fast answers

At our website you can find tools available to answer virtually any mortgage question. Trying to decide if now is a good time to refinance? Check out our Refinance Mortgage Calculator. Wondering if a new home equity loan or second mortgage can lower your monthly payments? Use our Debt Consolidation Mortgage Calculator! Confused by all the loan programs from which to choose? Our Loan Program page will help you find the right type of loan for you. Also, we'll be happy to prepare a personalized mortgage quote for the home mortgage program of your choice.  Please check out all the tabs-under the "Company Info" Tab don't forget to enter the SWEEPSTAKES to win a one month's mortgage payment-up to $5K.  Venture Development Inc is owned by John Mazzara - President and Patti Mazzara - Vice President.  We can be reached at 952-285-4319.  We are conveniently located on France Ave, Edina, Minnesota.

If you are looking for real estate information on any of the communities within the 7 county metro area, just ask John Mazzara.  John has been successfully selling twin cities real estate since 1986.  You can visit our real estate site at http://www.selling.mn and go to reports and press releases to get a ton of information.  If you are moving from out of state and need a relocation package we can help-call us.

	Mortgage News Daily - Mortgage and Real Estate News Pending Home Sales: A Little Good News In A Grim Time - 3 days ago We don't usually cover the monthly report on pending home sales issued by the National Association of Realtors® (NAR), concentrating instead on NAR and the Census Bureau's other reports on housing permits and starts and the completed sales of new and of existing homes. However, with good news in such short supply lately - perhaps the understatement of the year - it seems worth talking about the smidgen of sunshine that accompanied the pending sales report for June. Read More Now Mortgage Rates Eased By Weakening Housing Demand - 4 days ago Mortgage rates continued to ebb and flow within a narrow range last week; most rates are little changed from where they were in late July 2006.Frank Nothaft, Freddie Mac vice president and chief economist commented that "Mortgage rates eased this week on market concerns that a further weakening of housing demand this spring will delay any recovery in the sector. For example... Read More Now Alt-A Lender Crashes and Takes Stock Market With It - 5 days ago After two days in which trading was suspended on the basis of information about margin calls, shares in American Home Mortgage (AHM) were again put into active trading on Tuesday and immediately lost over 90 percent of their value.Stock in the company had been trading around $36 as recently as February but had fallen to. Read More Now New Study Shows Impact of Government Fees On Home Affordability - 6 days ago The National Association of Home Builders sponsors an economic publication for the housing industry which publishes at HousingEconomics.com. In mid-July it released a study on Metropolitan Area House Prices and Affordability written by Elliot F. Eisenberg, Ph.D.One cannot deny that the study is self-serving, but the findings are at least a little revealing of some of the reasons that housing prices, particularly of new houses, continue to climb in a tough market. Read More Now Housing News Turns The Stock Market To Mush - 10 days ago It's been a rough week for the housing market. Homebuilder confidence is in the gutter, existing home sales fell substantially and the bad news emanating from the subprime debacle continues top headlines. Now we have new home sales and builders reporting earnings. Read More Now Home Prices Hold Their Own As Existing Home Sales Fall - 11 days ago There was mixed news on the existing housing front in last month. The monthly survey by the National Association of Realtors (NAR) ® showed the sales of existing homes, including single-family houses, townhouses, condos, and co-ops declined 3.8 percent off of the pace in May to a seasonally adjusted annual rate of 5.75 million units. This is a decline of 11.4 percent from annualized June 2006 sales of 6.49 million units. "Home buyers have been getting mixed signals about the housing market, which is causing some of them to hesitate," Lawrence Yun, NAR senior economist, said. Two bright spots in the June report are... Read More Now Subprime Mess Continues To Wreak Havoc on the Mortgage Market - 13 days ago ...on Tuesday Countrywide reported a 33 percent drop in net income for the second quarter and announced that payments were delinquent on nearly 24 percent of its subprime mortgage loans compared to 15.33 percent at the same time in 2006. More disquieting, there is evidence that problems in the company's subprime sector appear to have spread to their higher rated prime loans, specifically home equity products on which 4.56 percent of customers were behind in payments compared to 1.77 percent during the same period last year. Another lender is still alive but retrenching. Indymac Bank announced late last week that... Read More Now More Help Now Available For Those Facing Foreclosure - 14 days ago A lot of people are getting nervous about their mortgages, and some have real reason to worry as they approach the reset dates on their adjustable rate, interest only, or option payment loans.We have talked before about avoiding foreclosure but it is probably time to do so again. Fortunately, there are a few new options out there for homeowners who are in trouble or fear they soon may be... Read More Now Mortgage Rates Virtually Unchanged From Previous Week - 12 days ago In perhaps the only good news in the mortgage and real estate worlds this week, both long and short term interest rates for the week ended July 19 barely budged from their positions a week earlier. With hedge funds that had heavily invested in residential mortgage-backed securities literally bleeding dry and subprime lenders announcing severely reduced earnings expectations, layoffs, or worse, more or less static interest rates had to be seen as good news. Read More Now Builders Confidence Hits 26 Year Low as Permits and Starts Fall Again - 17 days ago The homebuilding industry is obviously in distress. But, in testimony before the House Financial Services Committee, Federal Reserve Chairman Ben Bernanke made an interesting statement about employment in the home-building industry. Remarking that there was a bit of a "puzzle" about government unemployment reports which... Read More Now