Burnsville, Minnesota mortgage lenders include US Bank, N.A.US Bank, N.A.401 County Road 42 E, Burnsville, MN 55306A+5.0 ★Texas Ratio: 2.85%, Wells Fargo Bank NAWells Fargo Bank NA925 County Road 42 W, Burnsville, MN 55306A+5.0 ★Texas Ratio: 5.36%, Huntington National BankHuntington National Bank300 E Travelers Trl Ste 1, Burnsville, MN 55337A+5.0 ★Texas Ratio: 3.66%, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA700 County Road 42 W, Burnsville, MN 55337A+5.0 ★Texas Ratio: 3.68%, Associated Bank NAAssociated Bank NA2999 County Road 42 W, Burnsville, MN 55306A+5.0 ★Texas Ratio: 3.45%, Old National BankOld National Bank550 W Burnsville Pkwy, Burnsville, MN 55337A+5.0 ★Texas Ratio: 4.98%, BMO Harris Bank NABMO Harris Bank NA11111 River Hills Dr, Burnsville, MN 55337A+5.0 ★Texas Ratio: 3.54%, Trustone Financial Credit UnionTrustone Financial Credit Union1400 Riverwood Dr, Burnsville, MN 55337 5307A+5.0 ★Texas Ratio: 4.56%, Bell BankBell Bank1001 Broadway St, Alexandria, MN 56308A+5.0 ★Texas Ratio: 3.66%, and Wings Financial Credit UnionWings Financial Credit Union14985 Glazier Ave, Apple Valley, MN 55124. 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 Burnsville, Minnesota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Burnsville 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.
Market share is the lender's share of all home loans closed in Burnsville, 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 |
|---|---|---|---|---|---|---|
|
2 offices in Burnsville 401 County Road 42 E, Burnsville, MN 55306 A+5.0 ★Texas Ratio: 2.85% |
Conventional, HELOC | 20 +21 HELOCs |
2.3% | 57.1% | $201,000 | View |
|
2 offices in Burnsville 925 County Road 42 W, Burnsville, MN 55306 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 17 | 2% | 73.9% | $237,352 | View |
|
1 office in Burnsville 300 E Travelers Trl Ste 1, Burnsville, MN 55337 A+5.0 ★Texas Ratio: 3.66% |
Conventional, FHA, HELOC | 13 +24 HELOCs |
1.5% | 86.7% | $306,538 | View |
|
1 office in Burnsville 700 County Road 42 W, Burnsville, MN 55337 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 5 | 0.6% | 83.3% | $347,000 | View |
|
1 office in Burnsville 2999 County Road 42 W, Burnsville, MN 55306 A+5.0 ★Texas Ratio: 3.45% |
Conventional, FHA, HELOC | 4 +2 HELOCs |
0.5% | 80% | $360,000 | View |
|
1 office in Burnsville 550 W Burnsville Pkwy, Burnsville, MN 55337 A+5.0 ★Texas Ratio: 4.98% |
Conventional, HELOC | 2 +3 HELOCs |
0.2% | 100% | $210,000 | View |
|
1 office in Burnsville 11111 River Hills Dr, Burnsville, MN 55337 A+5.0 ★Texas Ratio: 3.54% |
HELOC | 0 +6 HELOCs |
0% | n/a | View | |
|
1400 Riverwood Dr, Burnsville, MN 55337 5307 A+5.0 ★Texas Ratio: 4.56% |
Conventional, HELOC | 49 +31 HELOCs |
5.6% | 67.1% | $148,469 | View |
|
1001 Broadway St, Alexandria, MN 56308 A+5.0 ★Texas Ratio: 3.66% |
Conventional, FHA, VA, HELOC | 29 +4 HELOCs |
3.3% | 88.2% | $299,137 | View |
|
14985 Glazier Ave, Apple Valley, MN 55124 |
Conventional, HELOC | 20 +48 HELOCs |
2.3% | 92.3% | $336,500 | View |
|
1719 W Main St, Albert Lea, MN 56007 4385 A+5.0 ★Texas Ratio: 4.41% |
Conventional, HELOC | 18 +12 HELOCs |
2.1% | 75% | $126,666 | View |
|
11660 Theatre Dr N, Champlin, MN 55316 A5.0 ★Texas Ratio: 13.85% |
Conventional, FHA | 16 | 1.8% | 100% | $273,125 | View |
|
208 W Front St, Claremont, MN 55924 A5.0 ★Texas Ratio: 11.06% |
Conventional, FHA, VA | 15 | 1.7% | 93.8% | $270,333 | View |
|
10 Northtown Dr NE, Blaine, MN 55434 1033 A5.0 ★Texas Ratio: 6.19% |
Conventional, HELOC | 12 +11 HELOCs |
1.4% | 70.6% | $119,166 | View |
|
143 W Clark St, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 3.32% |
Conventional, HELOC | 12 +5 HELOCs |
1.4% | 85.7% | $321,666 | View |
|
101 Old Town Rd, Elko New Market, MN 55054 A+5.0 ★Texas Ratio: 0.00% |
Conventional | 8 | 0.9% | 100% | $270,000 | View |
|
200 E Travelers Trl Ste 110, Burnsville, MN 55337 A+5.0 ★Texas Ratio: 5.40% |
Conventional | 6 | 0.7% | 100% | $126,666 | View |
|
7831 E Bush Lake Rd, Edina, MN 55439 A+5.0 ★Texas Ratio: 3.43% |
Conventional | 5 | 0.6% | 100% | $233,000 | View |
|
★ 5 stars, 1 review 9725 163rd St W, Lakeville, MN 55044 A5.0 ★Texas Ratio: 8.73% |
Conventional | 4 | 0.5% | 100% | $120,000 | View |
|
2100 Blaisdell Ave, Minneapolis, MN 55404 A5.0 ★Texas Ratio: 9.43% |
Conventional | 4 | 0.5% | 80% | $297,500 | View |
|
11800 Aberdeen St Ne, Blaine, MN 55449 C+4.1 ★Texas Ratio: 26.29% |
Conventional | 4 | 0.5% | 100% | $160,000 | View |
|
★ 5 stars, 1 review 5941 94th Ave N, Brooklyn Park, MN 55443 A+5.0 ★Texas Ratio: 1.52% |
Conventional | 4 | 0.5% | 100% | $122,500 | View |
|
410 2nd St W, Ada, MN 56510 A+5.0 ★Texas Ratio: 5.91% |
Conventional | 4 | 0.5% | 100% | $235,000 | View |
|
102 S Broadway, La Salle, MN 56056 A+5.0 ★Texas Ratio: 0.16% |
Conventional | 3 | 0.3% | 100% | $321,666 | View |
|
3225 Denmark Ave, Eagan, MN 55121 1382 A+5.0 ★Texas Ratio: 5.61% |
Conventional, HELOC | 2 +5 HELOCs |
0.2% | 100% | $225,000 | View |
|
234 1st Ave E, Cambridge, MN 55008 A+5.0 ★Texas Ratio: 3.79% |
Conventional, HELOC | 2 +3 HELOCs |
0.2% | 100% | $290,000 | View |
|
15751 Emperor Ave, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 0.90% |
Conventional, HELOC | 2 +2 HELOCs |
0.2% | 66.7% | $365,000 | View |
|
900 American Blvd W, Bloomington, MN 55420 A5.0 ★Texas Ratio: 6.54% |
Conventional, HELOC | 2 +1 HELOCs |
0.2% | 100% | $70,000 | View |
|
14986 Lynwood Dr, Baxter, MN 56425 A+5.0 ★Texas Ratio: 4.01% |
Conventional, HELOC | 2 +1 HELOCs |
0.2% | 100% | $55,000 | View |
|
4050 Coon Rapids Blvd NW, Coon Rapids, MN 55433 A+5.0 ★Texas Ratio: 3.27% |
Conventional | 2 | 0.2% | 100% | $125,000 | View |
|
1600 Monroe Drive, Carver, MN 55315 A+5.0 ★Texas Ratio: 3.53% |
Conventional | 2 | 0.2% | 100% | $440,000 | View |
|
113 N Main St, Belview, MN 56214 A+5.0 ★Texas Ratio: 5.77% |
Conventional | 2 | 0.2% | 66.7% | $270,000 | View |
|
208 W Front St, Claremont, MN 55924 A5.0 ★Texas Ratio: 11.06% |
Conventional, FHA | 2 | 0.2% | 100% | $145,000 | View |
My Credit Union
4025 W Old Shakopee Rd, Bloomington, MN 55437 |
Conventional | 2 | 0.2% | 100% | $320,000 | |
|
7510 147th St W, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 4.14% |
Conventional, HELOC | 1 +3 HELOCs |
0.1% | 50% | $205,000 | View |
|
11020 39th St N, Lake Elmo, MN 55042 A5.0 ★Texas Ratio: 7.45% |
Conventional | 1 | 0.1% | 100% | $175,000 | View |
|
27925 Danville Avenue, Castle Rock, MN 55010 A+5.0 ★Texas Ratio: 0.04% |
Conventional | 1 | 0.1% | 100% | $15,000 | View |
|
104 Avon Ave N, Avon, MN 56310 A+5.0 ★Texas Ratio: 0.00% |
Conventional | 1 | 0.1% | 100% | $355,000 | View |
|
45 Hassan St SE, Hutchinson, MN 55350 A+5.0 ★Texas Ratio: 4.19% |
Conventional | 1 | 0.1% | 100% | $105,000 | View |
|
4001 Lexington Ave N, Arden Hills, MN 55126 A+5.0 ★Texas Ratio: 4.68% |
Conventional | 1 | 0.1% | 100% | $55,000 | View |
|
3430 University Ave Se, Minneapolis, MN 55414 A+5.0 ★Texas Ratio: 4.91% |
Conventional | 1 | 0.1% | 100% | $45,000 | View |
|
255 33rd St W, Hastings, MN 55033 A+5.0 ★Texas Ratio: 1.51% |
Conventional | 1 | 0.1% | 100% | $385,000 | View |
|
730 Humboldt Dr, Big Lake, MN 55309 A+5.0 ★Texas Ratio: 0.00% |
Conventional | 1 | 0.1% | 100% | $415,000 | View |
|
1330 Conway St Ste 200, Saint Paul, MN 55106 A+5.0 ★Texas Ratio: 1.19% |
Conventional | 1 | 0.1% | 50% | $35,000 | View |
|
201 W Main St, Belle Plaine, MN 56011 A5.0 ★Texas Ratio: 8.50% |
Conventional | 1 | 0.1% | 100% | $115,000 | View |
|
7300 147th St W, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 3.28% |
HELOC | 0 +4 HELOCs |
0% | n/a | View | |
|
14989 Florence Trl, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 1.78% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
Summit Mortgage Corporation
|
Conventional, FHA | 9 | 1% | 90% | $227,222 | |
Tradition Mortgage, LLC
|
Conventional | 9 | 1% | 100% | $255,000 | |
Cambria Financial Group
|
Conventional, FHA | 6 | 0.7% | 100% | $330,000 | |
Servion
|
Conventional | 3 | 0.3% | 100% | $301,666 | |
South Metro Federal Credit Uni
|
Conventional | 3 | 0.3% | 100% | $118,333 | |
Bremer Bank NA
|
Conventional | 2 | 0.2% | 66.7% | $275,000 | |
Rocket Mortgage
|
Conventional, FHA, VA | 65 | 7.5% | 90.4% | $266,076 | |
United Wholesale Mortgage
|
Conventional, FHA, VA, HELOC | 60 +3 HELOCs |
6.9% | 80.5% | $329,166 | |
|
A+5.0 ★Texas Ratio: 3.17% |
Conventional, FHA, HELOC | 27 +2 HELOCs |
3.1% | 93.1% | $233,888 | View |
New American Funding, LLC.
|
Conventional, FHA, VA, Jumbo, HELOC | 21 +1 HELOCs |
2.4% | 84% | $269,285 | |
Fairway Independent Mort Corp
|
Conventional, FHA | 20 | 2.3% | 100% | $284,000 | |
loanDepot.com LLC
|
Conventional, FHA | 19 | 2.2% | 90.5% | $193,947 | |
Prosperity Home Mortgage, LLC
|
Conventional, FHA, VA | 18 | 2.1% | 100% | $332,222 | |
Guaranteed Rate, Inc.
|
Conventional, FHA, VA, HELOC | 17 +1 HELOCs |
2% | 100% | $275,000 | |
Pennymac Loan Services LLC
|
Conventional, FHA, VA | 16 | 1.8% | 89.5% | $294,375 | |
CrossCountry Mortgage, LLC
|
Conventional, FHA, VA | 15 | 1.7% | 100% | $283,000 | |
Cmg Mortgage Inc
|
Conventional, FHA, VA, USDA | 14 | 1.6% | 93.3% | $282,142 | |
Guild Mortgage Company
|
Conventional | 13 | 1.5% | 100% | $227,307 | |
Cardinal Financial Company, Li
|
Conventional, FHA | 13 | 1.5% | 100% | $235,000 | |
Guaranteed Rate Affinity, LLC
|
Conventional, FHA | 11 | 1.3% | 100% | $261,363 | |
Everett Financial, Inc.
|
Conventional, FHA, VA | 11 | 1.3% | 100% | $296,818 | |
Plaza Home Mortgage, Inc
|
Conventional, FHA | 11 | 1.3% | 84.6% | $253,181 | |
Freedom Mortgage Corporation
|
Conventional, FHA, VA | 10 | 1.2% | 83.3% | $377,000 | |
Kind Lending, LLC
|
Conventional, FHA, VA | 9 | 1% | 100% | $382,777 | |
Mutual of Omaha Mortgage
|
Conventional, FHA, VA | 9 | 1% | 100% | $309,444 | |
Nationstar Mortgage
|
Conventional, FHA | 8 | 0.9% | 80% | $156,250 | |
Paramount Residential Mortgage
|
Conventional, FHA | 8 | 0.9% | 100% | $265,000 | |
Movement Mortgage, LLC
|
Conventional | 7 | 0.8% | 88.9% | $242,142 | |
Mason-McDuffie Mortgage Corporation
|
Conventional, FHA | 7 | 0.8% | 100% | $377,857 | |
Newrez LLC
|
Conventional, VA | 6 | 0.7% | 54.5% | $280,000 | |
Guidance Residential, LLC
|
Conventional | 6 | 0.7% | 100% | $275,000 | |
American Neighborhood Mortgage Acceptance Company
|
Conventional | 6 | 0.7% | 100% | $281,666 | |
SWBC Mortgage Corporation
|
Conventional, FHA | 5 | 0.6% | 100% | $287,000 | |
Premier Lending Inc.
|
Conventional, FHA | 5 | 0.6% | 100% | $365,000 | |
Mortgage Research Center
|
VA | 5 | 0.6% | 100% | $271,000 | |
Home Mortgage Alliance Corp (Hmac)
|
Conventional | 4 | 0.5% | 100% | $337,500 | |
Genisys Credit Union
|
Conventional, HELOC | 3 +3 HELOCs |
0.3% | 100% | $25,000 | |
Resicentral LLC
|
Conventional, VA | 3 | 0.3% | 100% | $375,000 | |
21St Mortgage
|
Conventional | 3 | 0.3% | 18.8% | $91,666 | |
|
A+5.0 ★Texas Ratio: 0.51% |
Conventional | 3 | 0.3% | 100% | $61,666 | View |
Spring Eq, LLC
|
Conventional | 3 | 0.3% | 37.5% | $61,666 | |
|
A+5.0 ★Texas Ratio: 4.11% |
Conventional | 2 | 0.2% | 100% | $265,000 | View |
Sage Home Loans Corporation
|
Conventional | 2 | 0.2% | 100% | $485,000 | |
Envoy Mortgage, Ltd
|
Conventional, FHA | 2 | 0.2% | 100% | $340,000 | |
|
A+5.0 ★Texas Ratio: 4.37% |
Conventional | 2 | 0.2% | 100% | $310,000 | View |
Success Mortgage Partners, Inc
|
FHA | 2 | 0.2% | 100% | $385,000 | |
Union Home Mortgage Corp.
|
Conventional | 2 | 0.2% | 100% | $215,000 | |
Bay Equity LLC
|
Conventional, VA | 2 | 0.2% | 100% | $290,000 | |
Strong Home Mortgage, LLC
|
FHA | 2 | 0.2% | 100% | $360,000 | |
Churchill Mortgage Corporation
|
Conventional | 2 | 0.2% | 100% | $380,000 | |
Provident Funding Associates
|
Conventional | 2 | 0.2% | 100% | $360,000 | |
|
A+5.0 ★Texas Ratio: 2.20% |
Conventional, FHA | 2 | 0.2% | 100% | $200,000 | View |
Uif Corporation
|
Conventional | 2 | 0.2% | 100% | $335,000 | |
RoundPoint Mortgage Servicing LLC
|
Conventional | 2 | 0.2% | 100% | $310,000 | |
Zillow Home Loans, LLC
|
Conventional | 2 | 0.2% | 100% | $355,000 | |
Ark-La-Tex Financial Services LLC
|
Conventional, FHA | 2 | 0.2% | 100% | $355,000 | |
|
C3.9 ★Texas Ratio: 27.97% |
Conventional, HELOC | 1 +5 HELOCs |
0.1% | 100% | $215,000 | View |
Altra Federal Credit Union
|
Conventional, HELOC | 1 +2 HELOCs |
0.1% | 100% | $385,000 | |
Goodleap, LLC
|
FHA, HELOC | 1 +1 HELOCs |
0.1% | 100% | $205,000 | |
Navy Federal Credit Union
|
VA, HELOC | 1 +1 HELOCs |
0.1% | 40% | $335,000 | |
|
A5.0 ★Texas Ratio: 13.21% |
VA | 1 | 0.1% | 100% | $425,000 | View |
American Financial Resources LLC
|
Conventional | 1 | 0.1% | 100% | $355,000 | |
Royal United Mortgage LLC
|
Conventional | 1 | 0.1% | 100% | $205,000 | |
Primelending
|
Conventional | 1 | 0.1% | 100% | $135,000 | |
Go Mortgage, LLC
|
FHA | 1 | 0.1% | 100% | $205,000 | |
Allied Mortgage Group, Inc
|
Conventional | 1 | 0.1% | 100% | $135,000 | |
|
D3.3 ★Texas Ratio: 35.11% |
FHA | 1 | 0.1% | 100% | $265,000 | View |
Triad Financial Services, Inc.
|
Conventional | 1 | 0.1% | 26.7% | $45,000 | |
PHH Mortgage Corporation
|
VA | 1 | 0.1% | 100% | $185,000 | |
|
A+5.0 ★Texas Ratio: 4.11% |
VA | 1 | 0.1% | 100% | $265,000 | View |
Synergy One Lending, Inc.
|
Conventional | 1 | 0.1% | 100% | $225,000 | |
AdvantageFirst Lending Inc
|
VA | 1 | 0.1% | 100% | $305,000 | |
American Financial Network, Inc.
|
FHA | 1 | 0.1% | 100% | $415,000 | |
|
A5.0 ★Texas Ratio: 13.21% |
Conventional | 1 | 0.1% | 100% | $425,000 | View |
First State Bank of St Charles
|
Conventional | 1 | 0.1% | 100% | $445,000 | |
Michigan Mutual, Inc
|
Conventional | 1 | 0.1% | 50% | $185,000 | |
|
A5.0 ★Texas Ratio: 6.90% |
Conventional | 1 | 0.1% | 100% | $65,000 | View |
Discover Bank
|
Conventional | 1 | 0.1% | 20% | $55,000 | |
Connexus Credit Union
|
Conventional | 1 | 0.1% | 100% | $145,000 | |
Credit Union 1
|
Conventional | 1 | 0.1% | 100% | $25,000 | |
First Colony Mortgage Corporat
|
Conventional | 1 | 0.1% | 100% | $415,000 | |
|
B-3.5 ★Texas Ratio: 6.80% |
VA | 1 | 0.1% | 100% | $355,000 | View |
Land Home Financial Services,
|
Conventional | 1 | 0.1% | 100% | $405,000 | |
|
A+5.0 ★Texas Ratio: 2.40% |
Conventional | 1 | 0.1% | 100% | $325,000 | View |
|
A+5.0 ★Texas Ratio: 4.81% |
Conventional | 1 | 0.1% | 100% | $295,000 | View |
Waterstone Mortgage Corporation
|
Conventional | 1 | 0.1% | 100% | $255,000 | |
BoxCar Mortgage, LLC
|
VA | 1 | 0.1% | 100% | $335,000 | |
|
A+5.0 ★Texas Ratio: 1.69% |
Conventional | 1 | 0.1% | 100% | $65,000 | View |
|
A-5.0 ★Texas Ratio: 14.93% |
Conventional | 1 | 0.1% | 50% | $175,000 | View |
Lower, LLC
|
VA | 1 | 0.1% | 100% | $395,000 | |
|
★ 1.7 stars, 3 reviews A+5.0 ★Texas Ratio: 4.24% |
Conventional | 1 | 0.1% | 100% | $85,000 | View |
|
★ 1 stars, 1 review A+5.0 ★Texas Ratio: 2.87% |
Conventional | 1 | 0.1% | 100% | $95,000 | View |
Mld Mortgage, Inc.Dba the Money Store
|
Conventional | 1 | 0.1% | 100% | $425,000 | |
|
A5.0 ★Texas Ratio: 9.09% |
VA | 1 | 0.1% | 100% | $395,000 | View |
Loan Simple, Inc.
|
FHA | 1 | 0.1% | 100% | $235,000 | |
Champions Funding, LLC
|
Conventional | 1 | 0.1% | 100% | $525,000 | |
Village Capital & Investment
|
VA | 1 | 0.1% | 100% | $305,000 | |
|
B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +5 HELOCs |
0% | n/a | View | |
Figure Lending LLC
|
HELOC | 0 +3 HELOCs |
0% | n/a | ||
|
A+5.0 ★Texas Ratio: 5.44% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
Valon Mortgage
|
HELOC | 0 +2 HELOCs |
0% | n/a | ||
Pentagon Federal Credit Union
|
HELOC | 0 +2 HELOCs |
0% | n/a | ||
HomeBridge Financial Services, Inc
|
HELOC | 0 +1 HELOCs |
0% | n/a | ||
Quorum Federal Credit Union
|
HELOC | 0 +1 HELOCs |
0% | n/a | ||
Coca-Cola Federal Credit Union
|
HELOC | 0 +1 HELOCs |
0% | n/a | ||
The Loan Store, Inc
|
HELOC | 0 +1 HELOCs |
0% | n/a |
Daily average mortgage rates for Minnesota compared with the national average, updated every evening.
Looking for mortgage lenders near me or mortgage brokers near me in Burnsville? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Burnsville in 2025, with lenders based there listed first.
Use these to narrow the list above. Each category shows how many Burnsville, MN lenders fit and what that kind of lender is usually best for.
Independent mortgage companies closed 57.7 percent of home loans in Burnsville, Minnesota in 2025, banks 24.2 percent and credit unions 18.2 percent. Luminate Home Loans, Inc. was the largest mortgage company, US Bank, N.A. the largest bank and Trustone Financial Credit Union the largest credit union. Among lenders headquartered in Minnesota, Wells Fargo Bank NA led with 17 loans.
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.
By home loans closed in 2025, US Bank, N.A. was the largest mortgage lender in Burnsville, Minnesota with 20 loans, about 2.3 percent of the market. The largest lender headquartered in Minnesota was Wells Fargo Bank NA with 17 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Among lenders with meaningful volume in Burnsville, Minnesota, Rocket Mortgage approved the highest share of completed applications in 2025 at 90.4 percent, against a 84.8 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.
41 lenders closed FHA loans in Burnsville, Minnesota in 2025, led by Rocket Mortgage with 11. 28 lenders closed VA loans, led by Freedom Mortgage Corporation, and 1 closed USDA rural loans. 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. 55 banks and 25 credit unions closed home loans in Burnsville, Minnesota in 2025, alongside 73 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 Burnsville, 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.
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 Burnsville, 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 Burnsville. 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.