Mortgage Lenders and Brokers in Austin, Minnesota
Brian McKay
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iEditorial Disclosure
Editorial DisclosureLender lists come from federal HMDA loan data. Average rates come from our daily monitoring network. Editorial content is independent of any advertiser relationships.
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✓Fact Checked
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Loan Rates Last Updated and Verified: October 7, 2026
Austin, Minnesota mortgage lenders include Manufacturers Bank & Trust CoManufacturers Bank & Trust Co607 N Main St, Austin, MN 55912A+5.0 ★Texas Ratio: 5.80%, US Bank, N.A.US Bank, N.A.121 2nd Ave Nw, Austin, MN 55912A+5.0 ★Texas Ratio: 2.85%, Alerus Financial NAAlerus Financial NA201 W Oakland Ave, Austin, MN 55912A+5.0 ★Texas Ratio: 3.32%, Wells Fargo Bank NAWells Fargo Bank NA501 N Main St, Austin, MN 55912A+5.0 ★Texas Ratio: 5.36%, Old National BankOld National Bank805 N Main St, Austin, MN 55912A+5.0 ★Texas Ratio: 4.98%, Bell BankBell Bank1001 Broadway St, Alexandria, MN 56308A+5.0 ★Texas Ratio: 3.66%, Foresight BankForesight Bank501 Glen Street Sw, Eyota, MN 55934C-3.7 ★Texas Ratio: 31.20%, Wings Financial Credit UnionWings Financial Credit Union14985 Glazier Ave, Apple Valley, MN 55124, Granite BankGranite Bank11660 Theatre Dr N, Champlin, MN 55316A5.0 ★Texas Ratio: 13.85%, and First Alliance Credit UnionFirst Alliance Credit Union1011 Tompkins Dr NE, Byron, MN 55920A5.0 ★Texas Ratio: 7.96%. Banks, credit unions and mortgage companies are listed together, with FHA, VA and local options flagged for quick comparison.
Lenders are ranked only by the number of home loans they closed in Austin, Minnesota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Austin are listed first, then lenders elsewhere in Minnesota, then lenders from other states that closed loans there. Banks and credit unions carry a MonitorBankRates health grade, star rating and Texas Ratio, so you can judge how financially sound they are. Mortgage companies have no deposits to rate, so compare their loan programs, median loan and borrower reviews instead. Compare at least three lenders and ask each for a written loan estimate before you choose.
Mortgage Lenders and Brokers in Austin, Minnesota
Market share is the lender's share of all home loans closed in Austin, Minnesota. Approval share is approvals divided by completed applications. Grade is the MonitorBankRates Health and Safety Grade, available for banks and credit unions only. Average loan is the lender's mean loan amount here.
| Lender | Programs | Loans closed | Market share | Approval share | Average loan | View |
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1 office in Austin 607 N Main St, Austin, MN 55912 A+5.0 ★Texas Ratio: 5.80% |
Conventional | 19 | 4.2% | 95% | $130,789 | View |
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1 office in Austin 121 2nd Ave Nw, Austin, MN 55912 A+5.0 ★Texas Ratio: 2.85% |
Conventional, FHA, HELOC | 15 +8 HELOCs |
3.3% | 64% | $207,666 | View |
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1 office in Austin 201 W Oakland Ave, Austin, MN 55912 A+5.0 ★Texas Ratio: 3.32% |
Conventional, HELOC | 5 +16 HELOCs |
1.1% | 62.5% | $143,000 | View |
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1 office in Austin 501 N Main St, Austin, MN 55912 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 5 | 1.1% | 71.4% | $219,000 | View |
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1 office in Austin 805 N Main St, Austin, MN 55912 A+5.0 ★Texas Ratio: 4.98% |
Conventional, HELOC | 3 +3 HELOCs |
0.7% | 75% | $198,333 | View |
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1001 Broadway St, Alexandria, MN 56308 A+5.0 ★Texas Ratio: 3.66% |
Conventional, FHA | 29 | 6.4% | 93.5% | $185,344 | View |
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501 Glen Street Sw, Eyota, MN 55934 C-3.7 ★Texas Ratio: 31.20% |
Conventional | 5 | 1.1% | 100% | $127,000 | View |
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14985 Glazier Ave, Apple Valley, MN 55124 |
Conventional, HELOC | 4 +1 HELOCs |
0.9% | 100% | $175,000 | View |
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11660 Theatre Dr N, Champlin, MN 55316 A5.0 ★Texas Ratio: 13.85% |
Conventional, FHA | 4 | 0.9% | 80% | $130,000 | View |
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1011 Tompkins Dr NE, Byron, MN 55920 A5.0 ★Texas Ratio: 7.96% |
Conventional | 4 | 0.9% | 100% | $167,500 | View |
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7300 147th St W, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 3.28% |
Conventional, FHA | 3 | 0.7% | 100% | $108,333 | View |
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155 1st Ave SW, Rochester, MN 55902 A+5.0 ★Texas Ratio: 0.16% |
Conventional | 3 | 0.7% | 100% | $78,333 | View |
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2772 E 82nd St, Bloomington, MN 55425 1365 A+5.0 ★Texas Ratio: 4.56% |
Conventional | 2 | 0.4% | 66.7% | $115,000 | View |
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15751 Emperor Ave, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 0.90% |
Conventional | 1 | 0.2% | 33.3% | $45,000 | View |
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221 Main St N, Biwabik, MN 55708 A+5.0 ★Texas Ratio: 5.68% |
Conventional | 1 | 0.2% | 100% | $225,000 | View |
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101 Old Town Rd, Elko New Market, MN 55054 A+5.0 ★Texas Ratio: 0.00% |
Conventional | 1 | 0.2% | 100% | $135,000 | View |
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113 N Main St, Belview, MN 56214 A+5.0 ★Texas Ratio: 5.77% |
Conventional | 1 | 0.2% | 100% | $55,000 | View |
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1419 1st Ave Sw, Austin, MN 55912 A4.9 ★Texas Ratio: 4.52% |
Conventional | 1 | 0.2% | 100% | $145,000 | View |
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11800 Aberdeen St Ne, Blaine, MN 55449 C+4.1 ★Texas Ratio: 26.29% |
Conventional | 1 | 0.2% | 100% | $35,000 | View |
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2630 Bridge Ave, Albert Lea, MN 56007 A5.0 ★Texas Ratio: 12.61% |
Conventional | 1 | 0.2% | 100% | $95,000 | View |
Cambria Financial Group
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Conventional, FHA | 3 | 0.7% | 100% | $188,333 | |
Bremer Bank NA
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HELOC | 0 +2 HELOCs |
0% | n/a | ||
Fairway Independent Mort Corp
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Conventional, FHA, VA | 121 | 26.5% | 97.6% | $162,107 | |
Rocket Mortgage
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Conventional, FHA, VA | 38 | 8.3% | 82.6% | $159,210 | |
United Wholesale Mortgage
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Conventional, FHA, VA, HELOC | 28 +2 HELOCs |
6.1% | 76.9% | $201,071 | |
Land Home Financial Services,
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Conventional, FHA, VA | 22 | 4.8% | 95.8% | $188,636 | |
loanDepot.com LLC
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Conventional, FHA | 10 | 2.2% | 62.5% | $154,000 | |
Movement Mortgage, LLC
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Conventional, FHA | 10 | 2.2% | 100% | $87,000 | |
Union Home Mortgage Corp.
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Conventional | 8 | 1.8% | 100% | $158,750 | |
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A5.0 ★Texas Ratio: 13.21% |
Conventional | 7 | 1.5% | 100% | $336,428 | View |
Nationstar Mortgage
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Conventional, FHA | 7 | 1.5% | 100% | $116,428 | |
Pennymac Loan Services LLC
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Conventional, FHA, VA | 6 | 1.3% | 100% | $211,666 | |
Mortgage Research Center
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VA | 6 | 1.3% | 40% | $220,000 | |
Towne Mortgage Company
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Conventional, VA | 6 | 1.3% | 100% | $111,666 | |
Guaranteed Rate, Inc.
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Conventional, FHA, VA | 5 | 1.1% | 100% | $215,000 | |
Kind Lending, LLC
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Conventional, FHA | 5 | 1.1% | 83.3% | $225,000 | |
The Loan Store, Inc
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Conventional | 5 | 1.1% | 100% | $177,000 | |
New Day Financial, LLC.
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VA | 4 | 0.9% | 100% | $235,000 | |
Freedom Mortgage Corporation
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FHA, VA | 3 | 0.7% | 50% | $211,666 | |
Newrez LLC
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Conventional, FHA | 3 | 0.7% | 50% | $171,666 | |
CrossCountry Mortgage, LLC
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Conventional | 3 | 0.7% | 100% | $161,666 | |
Cmg Mortgage Inc
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Conventional, FHA | 3 | 0.7% | 100% | $245,000 | |
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A+5.0 ★Texas Ratio: 3.49% |
Conventional | 3 | 0.7% | 100% | $98,333 | View |
New American Funding, LLC.
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Conventional, FHA, VA | 3 | 0.7% | 60% | $118,333 | |
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C3.9 ★Texas Ratio: 27.97% |
Conventional, HELOC | 2 +5 HELOCs |
0.4% | 100% | $135,000 | View |
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★ 1.7 stars, 3 reviews A+5.0 ★Texas Ratio: 4.24% |
Conventional, HELOC | 2 +2 HELOCs |
0.4% | 100% | $330,000 | View |
Spring Eq, LLC
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Conventional, HELOC | 2 +1 HELOCs |
0.4% | 50% | $45,000 | |
Cardinal Financial Company, Li
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Conventional, FHA | 2 | 0.4% | 100% | $115,000 | |
Prosperity Home Mortgage, LLC
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Conventional, FHA | 2 | 0.4% | 66.7% | $215,000 | |
Mutual of Omaha Mortgage
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Conventional | 2 | 0.4% | 50% | $135,000 | |
Lower, LLC
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Conventional, FHA | 2 | 0.4% | 100% | $170,000 | |
Navy Federal Credit Union
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Conventional, VA | 2 | 0.4% | 100% | $110,000 | |
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A+5.0 ★Texas Ratio: 4.11% |
Conventional | 1 | 0.2% | 100% | $85,000 | View |
Consumer Real Estate Finance Co DBA Society Mortgage
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Conventional | 1 | 0.2% | 50% | $215,000 | |
Guaranteed Rate Affinity, LLC
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Conventional | 1 | 0.2% | 100% | $205,000 | |
Primelending
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FHA | 1 | 0.2% | 100% | $275,000 | |
Lakeview Loan Servicing, LLC
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FHA | 1 | 0.2% | 37.5% | $295,000 | |
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A+5.0 ★Texas Ratio: 4.11% |
Conventional | 1 | 0.2% | 100% | $155,000 | View |
Sun West Mortgage Company, Inc
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Conventional | 1 | 0.2% | 100% | $175,000 | |
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A+5.0 ★Texas Ratio: 3.68% |
Conventional | 1 | 0.2% | 100% | $325,000 | View |
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A5.0 ★Texas Ratio: 9.76% |
Conventional | 1 | 0.2% | 100% | $275,000 | View |
Delta Community Credit Union
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Conventional | 1 | 0.2% | 100% | $205,000 | |
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A+5.0 ★Texas Ratio: 0.22% |
Conventional | 1 | 0.2% | 100% | $225,000 | View |
Planet Home Lending, LLC
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VA | 1 | 0.2% | 100% | $155,000 | |
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A+5.0 ★Texas Ratio: 1.10% |
Conventional | 1 | 0.2% | 100% | $95,000 | View |
Nations Lending Corporation
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Conventional | 1 | 0.2% | 100% | $115,000 | |
Iowa Bankers Mortgage Corporation
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Conventional | 1 | 0.2% | 100% | $205,000 | |
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A+5.0 ★Texas Ratio: 2.14% |
FHA | 1 | 0.2% | 100% | $175,000 | View |
Cedar Falls Community Credit Union
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Conventional | 1 | 0.2% | 100% | $45,000 | |
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C+4.1 ★Texas Ratio: 26.29% |
Conventional | 1 | 0.2% | 100% | $65,000 | View |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 1 | 0.2% | 50% | $65,000 | View |
Carrington Mortgage Services LLC
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FHA | 1 | 0.2% | 100% | $85,000 | |
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A5.0 ★Texas Ratio: 9.09% |
Conventional | 1 | 0.2% | 100% | $185,000 | View |
Top Flite Financial, Inc.
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FHA | 1 | 0.2% | 100% | $155,000 | |
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A+5.0 ★Texas Ratio: 2.93% |
Conventional | 1 | 0.2% | 100% | $155,000 | View |
Figure Lending LLC
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
HomeBridge Financial Services, Inc
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Altra Federal Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
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A+5.0 ★Texas Ratio: 3.17% |
HELOC | 0 +1 HELOCs |
0% | n/a | View |
Austin Mortgage Rate Trends
Daily average mortgage rates for Minnesota compared with the national average, updated every evening.
Mortgage Lenders and Mortgage Brokers Near Me in Austin, Minnesota
Looking for mortgage lenders near me or mortgage brokers near me in Austin? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Austin in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Austin, MN
Use these to narrow the list above. Each category shows how many Austin, MN lenders fit and what that kind of lender is usually best for.
Who Lends in Austin, MN
Independent mortgage companies closed 71.5 percent of home loans in Austin, Minnesota in 2025, banks 24.3 percent and credit unions 4.2 percent. Cambria Financial Group was the largest mortgage company, Manufacturers Bank & Trust Co the largest bank and Wings Financial Credit Union the largest credit union. Among lenders headquartered in Minnesota, Wells Fargo Bank NA led with 5 loans.
How to Read This List
A high approval share with a small median loan usually points to a lender comfortable with first time and FHA borrowers. A large median loan with conventional and jumbo programs points to a move up and jumbo specialist. The health grade says whether a bank or credit union is financially sound; it says nothing about service, which is what the reviews below are for.
Title or escrow companies usually handle closings in Minnesota. State deed tax of 0.33 percent of the price (seller pays) and a mortgage registry tax of 0.23 percent of the mortgage amount (borrower pays); Hennepin and Ramsey counties add 0.01 percent to each through 2027.
More Minnesota Mortgage Lender Pages
Frequently Asked Questions About Mortgage Lenders in Austin, MN
By home loans closed in 2025, Manufacturers Bank & Trust Co was the largest mortgage lender in Austin, Minnesota with 19 loans, about 4.2 percent of the market. The largest lender headquartered in Minnesota was Wells Fargo Bank NA with 5 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Among lenders with meaningful volume in Austin, Minnesota, Fairway Independent Mort Corp approved the highest share of completed applications in 2025 at 97.6 percent, against a 85.5 percent average for all lenders. Approval share reflects the applicants a lender attracts as much as its underwriting, so compare it alongside loan programs and median loan size. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
27 lenders closed FHA loans in Austin, Minnesota in 2025, led by Fairway Independent Mort Corp with 30. 13 lenders closed VA loans, led by Mortgage Research Center. Use the FHA and VA filters above the table to see only those lenders; FHA loans allow 3.5 percent down and lower credit scores, VA loans need no down payment for eligible veterans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Yes. 30 banks and 10 credit unions closed home loans in Austin, Minnesota in 2025, alongside 39 independent mortgage companies and brokers. Banks and credit unions carry a MonitorBankRates health grade. Mortgage companies are not deposit institutions, so they have no health grade; their HMDA figures and borrower reviews stand in. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Lenders are ranked only by the number of home loans they closed in Austin, Minnesota during 2025 as reported under the federal Home Mortgage Disclosure Act. No lender pays to be listed or to rank higher, and reviews do not change the order. Counts cover first and second lien loans on one to four unit homes for purchase, refinance and home improvement; home equity lines are counted separately.
Methodology and Sources
Lender rankings use the loan level records that lenders file under the Home Mortgage Disclosure Act, published by the FFIEC and the Consumer Financial Protection Bureau for the 2025 reporting year. Counts include originated first and subordinate lien loans on one to four unit homes in Austin, Minnesota for purchase, refinance and other purposes; home equity lines of credit are counted separately and reverse mortgages and business purpose loans are excluded. Approval share is originations plus approved but not accepted applications divided by all completed applications (withdrawn and incomplete files are excluded). Lender type comes from the lender's federal regulator and the FFIEC National Information Center. City figures use the Census tracts that make up Austin. Health grades are MonitorBankRates data and are current as of the date shown. Lenders below the HMDA reporting thresholds do not appear. MonitorBankRates receives no payment for placement on this page. Last updated October 8, 2026.
