Tom Smith

Branch Manager

NMLS ID #251122

About Tom:

Getting a mortgage is one of the most emotional experiences that one will go through in their lifetime. As a result, making sure it is simple-fast-hassle free for the customer is important to me.

Many lenders just go through the motions with the client and many times do what is easiest for them or makes them the most money without giving the customer choices. Not only is the customer a part of the process but part of the relationship for years to come. Building relationships one loan at a time is what I have done for over 30+ years now.

With over 30+ years in the industry, I have personally helped finance over $1 billion worth of loans, and placed thousands of customers into homes or helped them with their refinances.

But helping people with their mortgages is not where I like to stop. Helping is important to me, whether it was helping coach my kids teams or being involved in civic and charitable events and causes. Being active and doing is what makes a difference, and that is what I do and have done. I have taken an active part in Big Brothers Big Sisters, Special Olympics, Bolder Options, SMA and the Brewer Foundation. Today's youth are our leaders of tomorrow , and they all deserve a chance to succeed and move ahead. In addition to this I have also been involved in Apple Valley Chamber of Commerce, Apple Valley Rotary and Oktoberfest Grenadier's.

Married to my college sweetheart for over 30 years, we reside in Apple Valley. Recently becoming empty nesters we have been busy focusing on ourselves. However, even when you are an empty nester, the baby bird still comes back to the nest to do laundry or borrow groceries. In our spare time we enjoy the outdoors.

Calculate Your Loan

Need a few moments to crunch some numbers? Our easy-to-use calculator will help you get a basic visual of a mortgage payment to help you decide what you can afford.


Monthly Payment
(Principal + Interest Only)


Total Interest Payable


Total of Payments
(Principal + Interest Only)


Monthly payment shown consists of principal and interest only. Examples entered are hypothetical and for illustrative purposes only. Any calculations assumes the theoretical borrower will have excellent credit and are based on information entered. Any amount calculated is an estimate only. The actual amount may be higher or lower depending on location, loan type, and many other determining factors. This information was prepared by an independent third party, and accuracy is not guaranteed. Please contact me or a financial advisor to seek personalized advice from qualified professionals regarding all financial issues and needs.

Get Prequalified today

Apply online or over the phone

Start now

Types of LoansWhich type is right for you?

First Centennial Mortgage offers a full menu of loan products. Whether you are buying your first home, moving up to a nicer home, relocating or want to refinance your current home, we have a loan that will fit your needs. To get started, contact me online or call 612.386.7672 to get in touch.

Fixed-rate home loans are the most common type of home loan in the mortgage industry. This option is low-risk and gives you predictable monthly principle and interest (P&I) payments for the next 15 or 30 years, depending on which loan term you choose. Fixed-rate loans are reliable for long-term owners ready to settle in one place for a long period of time.

An adjustable rate mortgage (ARM) is ideal for borrowers who plan to move within five years. ARMs take advantage of a low "introductory" interest rate so the loan stays at the same rate typically for 5, 7 or 10 years. Once the introductory period expires, the interest rate changes with the movement of an "index" (major interest rate). Following this movement, the amount of monthly interest either increases or decreases.

Conventional home loans are not backed by a federal agency, such as the U.S. Department of Veteran Affairs, U.S. Department of Agriculture or Federal Housing Administration. Conventional loans are idea for people with a stable job, income and good credit. Conventional home loans are more flexible in their terms and have fewer restrictions compared to government-backed products.

Federal Housing Authority (FHA) loans are government assured and are ideal for people with limited income or money for a down payment. These loans typically help first-time homebuyers, seniors or others with limits on what they can afford.

Jumbo home loans are considered non-conforming mortgages. They are for purchases with a loan value above the federal standard of $453,100, although that number varies based on location. For a home with a purchase price above this limit, a jumbo loan is needed.

Veterans Affairs (VA) home loans are a great benefit to military personnel during and after their service. These loans are partly guaranteed (typically a quarter of loan value) by the U.S. Department of Veterans Affairs.

Contact Tom

612.386.7672 (Mobile)
952.646.9000 (MN Office)
608.541.0170 (WI Office)
952.646.9001 (Fax)

14800 Galaxie Ave, Suite 303
Apple Valley, MN 55124

NMLS ID #251122
Licenses: MN #MN-MLO-251122, WI #251122