Skip to main content Go to Online Banking

Free REWARDS Checking and Savings!

Check out our free Kasasa accounts and their benefits now! - Kasasa Accounts

Happy Thanksgiving!

CBO will be closed Thursday November 24, 2022 for Thanksgiving. Normal business hours will resume on Friday November 25, 2022. Have a safe and wonderful Thanksgiving.

Real Estate Investment Loans

Lending a Hand to Landlords

Real estate investment loans are a nuanced, niche market — and we’re the experts.

Our lending team are all Owatonna residents with more than 25 years of banking experience. Best of all, we’re equipped to customize solutions for your individual circumstances and objectives.

We’re looking to partner with individuals and companies with a good credit history, reliable income, strong cashflow, and cash or equity available for a down payment. If that describes you, we’re waiting for your call, visit or email!

Loan Calculator

Your Lending Team

Steven Grams
Steven Grams President/CEO NMLS ID: 482932 About Me
Jeff Goergen
Jeff Goergen Senior Vice President/Chief Credit Officer NMLS ID: 705780 Apply For a Mortgage With Jeff Goergen About Me
Cory Shaw
Cory Shaw AVP/Lending NMLS ID: 524048 Apply For a Mortgage With Cory Shaw About Me

Get Started with Your Loan Application

Your Information

Your Address (no P.O. box allowed)
Employment Status
Employer Address (no P.O. box allowed)

Co-borrower Information

Will there be a co-borrower?

Please provide information for the co-borrower, if applicable.

Co-borrower Address (no P.O. box allowed)
Employment Status
Employer Address (no P.O. box allowed)
Some content requires Adobe Acrobat Reader to view.