May 19, 2022



Madilyn Oothoudt Named Top Producing Loan Officer

Madilyn Oothoudt Named Top Producing Loan Officer

I’d like to take this opportunity to share a recent press release announcing one of our bankers has recently been awarded as a Top Producing Loan Officer for Home Improvement Loans. We are so proud of Maddi’s work in this niche sector. 

-John Ohlin


Bemidji, Minnesota – Madilyn Oothoudt, Mortgage Support Specialist at Deerwood Bank, was named a Minnesota Housing Top Producing Loan Officer by Minnesota Housing for her Fix-Up home improvement loan production during 2021.

“We are so proud of the work that Maddi has produced from this program. She took the initiative to educate herself on this program and work herself into our expert on home improvement loans. The impact that she has made through this program can be felt throughout the entire bank,” said Senior Vice President Residential Lending Manager Craig Lind. 

Minnesota Housing is a state agency that works with loan officers like Oothoudt to provide affordable loans for home remodeling, repairs, energy efficiency upgrades, and accessibility improvements. Homeowners can access the Fix Up Loan Program to receive loans from $2,000 to $75,000 with fixed interest rates and secured and unsecured options. More information and eligibility requirements are available at In addition to home improvement loans, Minnesota Housing also offers homebuyer loans and finances multifamily housing across the state.

For more than a decade, the Minnesota Housing Top Producing Loan Officer Program has been recognizing individual loan officers with the highest volume of Fix Up loans.

“We applaud these Top Producing Loan Officers for demonstrating a deep understanding of the Minnesota Housing Fix Up Loan Program and helping Minnesota families improve their homes and communities,” said Minnesota Housing Commissioner Jennifer Leimaile Ho. 

Minnesota Housing collaborates with individuals, communities, and partners to create, preserve, and finance affordable housing. Find out more at

John Ohlin close up

John Ohlin

Office: 218.316.3505

John Ohlin is the President and CEO of Deerwood Bank. He has been with Deerwood since 2004 and is based out of the Baxter office. John graduated from Gustavus Adolphus College with a bachelor’s degree in finance. He then went on to graduate from the ABA Stonier Graduate School of Banking in 2007. In his spare time John enjoys travelling with his wife and playing golf at the nearest course.

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