SPONSORED BY
Frandsen Bank
Frandsen Bank & Trust provides a true community banking experience to over 30 communities throughout Minnesota, North Dakota, and Wisconsin. By forming meaningful relationships with all customers, both large and small, we are able to deliver custom financial solutions that support their goals.ย
Buying a home can feel impossibleโespecially if you’re the first in your family to do it. On this episode of MSR Business, we speak with Lance Elliott, a community development loan officer at Frandsen Bank & Trust, and representatives from PRG, Inc., a Minneapolis-based nonprofit dedicated to eliminating racial disparities in homeownership.
Lance shares how he supports first-time and first-generation buyers through one-on-one advising and access to special-purpose financing and down payment assistance programs. Heโs also a certified HomeStretch instructor, helping clients build financial confidence before they buy.
Representatives from PRG break down their mission to combine affordable housing development with education to ensure all people and neighborhoods can thrive. Together, they offer a clear roadmap for new homebuyersโespecially those navigating this journey for the first time.
Guests:
- Lance Elliott, Frandsen Bank & Trust
๐ง LElliott@frandsenbank.com | ๐ 651.288.8992 | NMLS #1991339 - Kirstin Burch | ๐ง kirstin@prginc.org
- Theressa Ruiz | ๐ง theressa@prginc.org
๐ง Tune in to learn about the programs, tools, and trusted partners helping to close the racial housing gap.

