Hey Cole, What’s My Payment?

Cole Thimsen is a Certified Mortgage Advisor with Fairway Home Mortgage who has been helping buyers since 2005, focusing on first-time home buyers in Minnesota, particularly the Twin Cities area. He works with FHA, VA, USDA, conventional, jumbo, and down payment assistance loan programs, guiding clients through the mortgage process with a friend-like approach. His website offers tools for estimating monthly mortgage payments and encourages prospective buyers to text or call him with questions.

The business is free to talk to, with conversations, payment scenarios, pre-approvals, and strategy all costing nothing. Cole is compensated only when a loan closes, and he prioritizes educating clients so they are ready rather than being rushed. This free consultation model allows buyers to ask basic questions without any pressure or obligation.

Cole is a loan officer with Fairway Independent Mortgage Corporation, a direct lender that underwrites, funds, and closes loans in-house. This control over the process is a key part of how he achieves his 100% on-time closing rate since joining Fairway in 2015. The in-house structure helps him manage the entire loan lifecycle efficiently.

Cole is licensed in Minnesota, Colorado, and Wisconsin, and is based at Fairway’s Eden Prairie, MN branch. Most of his clients are in the Twin Cities metro, but he works with buyers across all three states. His long-term residence in St. Louis Park and local volunteer work highlight his deep ties to the region.

Clients can reach Cole by texting or calling 612-963-2570, or emailing [email protected]. He prefers direct communication over contact forms, ensuring that real questions get real answers from a real person. During busy closing crunches, he may take a few hours to respond but always gets back to clients.

Reviewers praise Cole for his friend-like approach, plain-English explanations, and 100% on-time closing rate since 2015. They appreciate his ability to guide first-time buyers through complex loan programs like FHA, VA, and USDA with clarity and confidence. His commitment to education ensures clients understand their loans and options well.

Since joining Fairway in 2015, Cole has closed 100% of his loans on time, a statistic backed by proactive updates and a lender that controls its own underwriting. He has been in the mortgage industry since 2005, navigating various market conditions from the boom to the rate spike. His 21 years of experience allow him to provide advice that holds up in any market.

Cole works across every major loan program, including conventional, FHA, VA, USDA, jumbo, renovation, and Minnesota down payment assistance. He matches clients to the right program rather than just the easy one, ensuring they get the best fit for their situation. This versatility allows him to serve a wide range of buyer needs effectively.

The website states that Cole has closed 100% of his loans on time since 2015, a feat achieved through files structured right up front and proactive updates. His lender, Fairway, controls its own underwriting, which is a significant factor in maintaining this high on-time closing rate. This reliability is a key theme in client reviews.

Cole offers a 15-minute chat where clients can discuss their credit, savings, and timeline without needing to submit documents or make a commitment. This initial conversation helps determine if they are ready for a real pre-approval that makes sellers take their offer seriously. It is a low-pressure way to start the process.

The website provides a sample estimate for a $250K home with 5% down, showing a monthly payment of around $2,610 including taxes and insurance. This estimate is customizable, allowing users to see how different variables affect their potential monthly payment. It serves as a practical tool for prospective buyers to understand their financial situation.

Cole posts plain-English mortgage content on social media platforms like Instagram, TikTok, YouTube, and LinkedIn under the handle @yourmortgagefriend. This content provides straight answers in video form, helping clients stay informed about mortgage topics. His social media presence is a key way he educates clients beyond the initial consultation.

Cole has a daily meditation practice for twenty years, which he says may explain how he stays calm while offer deadlines are ticking. He is also a longtime St. Louis Park resident who bikes and walks the Minneapolis lakes, snowboards in the winter, and travels abroad. These personal details add a human touch to his professional profile.

The website collects no personal information through forms or trackers, relying instead on Fairway’s secure, encrypted systems for financial details. This privacy-focused approach ensures that client data is handled securely and efficiently. It is a key part of the business's design philosophy.

Cole is a Certified Mortgage Advisor with NMLS #197735, licensed in Minnesota, Colorado, and Wisconsin. He is part of the Oliver White Mortgage Team at Fairway’s Eden Prairie branch. His certification and licensing ensure he meets industry standards for mortgage advising.