Mortgage Lenders and Brokers in Byron, 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
Byron, Minnesota mortgage lenders include First Security BankFirst Security Bank316 Byron Ave N, Byron, MN 55920C3.9 ★Texas Ratio: 28.08%, Think Mutual BankThink Mutual Bank15751 Emperor Ave, Apple Valley, MN 55124A+5.0 ★Texas Ratio: 0.90%, Mayo Employees Federal Credit UnionMayo Employees Federal Credit Union155 1st Ave SW, Rochester, MN 55902A+5.0 ★Texas Ratio: 0.16%, US Bank, N.A.US Bank, N.A.331 S Broadway Ave, Albert Lea, MN 56007A+5.0 ★Texas Ratio: 2.85%, Bell BankBell Bank1001 Broadway St, Alexandria, MN 56308A+5.0 ★Texas Ratio: 3.66%, First Alliance Credit UnionFirst Alliance Credit Union1011 Tompkins Dr NE, Byron, MN 55920A5.0 ★Texas Ratio: 7.96%, Merchants Bank, National AssociationMerchants Bank, National Association7300 147th St W, Apple Valley, MN 55124A+5.0 ★Texas Ratio: 3.28%, Foresight BankForesight Bank501 Glen Street Sw, Eyota, MN 55934C-3.7 ★Texas Ratio: 31.20%, Associated Bank NAAssociated Bank NA7760 France Ave S, Bloomington, MN 55435A+5.0 ★Texas Ratio: 3.45%, and Alerus Financial NAAlerus Financial NA143 W Clark St, Albert Lea, MN 56007A+5.0 ★Texas Ratio: 3.32%. 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 Byron, Minnesota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Byron 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 Byron, Minnesota
Market share is the lender's share of all home loans closed in Byron, 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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316 Byron Ave N, Byron, MN 55920 C3.9 ★Texas Ratio: 28.08% |
Conventional | 6 | 4% | 100% | $266,666 | View |
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15751 Emperor Ave, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 0.90% |
Conventional, Jumbo, HELOC | 14 +4 HELOCs |
9.3% | 100% | $400,714 | View |
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155 1st Ave SW, Rochester, MN 55902 A+5.0 ★Texas Ratio: 0.16% |
Conventional | 11 | 7.3% | 78.6% | $42,272 | View |
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331 S Broadway Ave, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 2.85% |
Conventional, VA, HELOC | 6 +1 HELOCs |
4% | 85.7% | $153,333 | View |
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1001 Broadway St, Alexandria, MN 56308 A+5.0 ★Texas Ratio: 3.66% |
Conventional, USDA, HELOC | 6 +1 HELOCs |
4% | 100% | $236,666 | View |
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1011 Tompkins Dr NE, Byron, MN 55920 A5.0 ★Texas Ratio: 7.96% |
Conventional | 5 | 3.3% | 83.3% | $111,000 | View |
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7300 147th St W, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 3.28% |
Conventional, HELOC | 4 +1 HELOCs |
2.7% | 100% | $242,500 | View |
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501 Glen Street Sw, Eyota, MN 55934 C-3.7 ★Texas Ratio: 31.20% |
Conventional | 3 | 2% | 100% | $231,666 | View |
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7760 France Ave S, Bloomington, MN 55435 A+5.0 ★Texas Ratio: 3.45% |
Conventional, HELOC | 2 +5 HELOCs |
1.3% | 100% | $200,000 | View |
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143 W Clark St, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 3.32% |
Conventional, HELOC | 2 +3 HELOCs |
1.3% | 100% | $140,000 | View |
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101 Minnesota Ave N, Aitkin, MN 56431 A+5.0 ★Texas Ratio: 4.98% |
Conventional | 2 | 1.3% | 100% | $270,000 | View |
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405 E Main St, Anoka, MN 55303 A+5.0 ★Texas Ratio: 3.66% |
Conventional | 2 | 1.3% | 100% | $250,000 | View |
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1719 W Main St, Albert Lea, MN 56007 4385 A+5.0 ★Texas Ratio: 4.41% |
Conventional | 2 | 1.3% | 100% | $125,000 | View |
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10 Northtown Dr NE, Blaine, MN 55434 1033 A5.0 ★Texas Ratio: 6.19% |
Conventional, HELOC | 1 +1 HELOCs |
0.7% | 100% | $15,000 | View |
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607 N Main St, Austin, MN 55912 A+5.0 ★Texas Ratio: 5.80% |
Conventional | 1 | 0.7% | 100% | $275,000 | View |
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11660 Theatre Dr N, Champlin, MN 55316 A5.0 ★Texas Ratio: 13.85% |
Conventional | 1 | 0.7% | 100% | $215,000 | View |
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2772 E 82nd St, Bloomington, MN 55425 1365 A+5.0 ★Texas Ratio: 4.56% |
Conventional | 1 | 0.7% | 100% | $65,000 | View |
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229 Main St N, Chatfield, MN 55923 A+5.0 ★Texas Ratio: 0.00% |
Conventional | 1 | 0.7% | 100% | $225,000 | View |
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221 Main St N, Biwabik, MN 55708 A+5.0 ★Texas Ratio: 5.68% |
Conventional | 1 | 0.7% | 100% | $235,000 | View |
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6 Pine Tree Dr Ste 105, Arden Hills, MN 55112 A5.0 ★Texas Ratio: 6.92% |
Conventional | 1 | 0.7% | 100% | $275,000 | View |
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122 E Main St, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 1 | 0.7% | 100% | $235,000 | View |
Servion
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Conventional | 3 | 2% | 100% | $401,666 | |
Cambria Financial Group
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Conventional | 1 | 0.7% | 100% | $205,000 | |
United Wholesale Mortgage
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Conventional, FHA, VA | 16 | 10.7% | 100% | $305,000 | |
Guaranteed Rate, Inc.
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Conventional, FHA, VA | 10 | 6.7% | 100% | $231,000 | |
Prosperity Home Mortgage, LLC
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Conventional, VA, Jumbo | 6 | 4% | 100% | $460,000 | |
Rocket Mortgage
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Conventional, FHA | 4 | 2.7% | 100% | $170,000 | |
loanDepot.com LLC
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Conventional | 4 | 2.7% | 100% | $165,000 | |
Fairway Independent Mort Corp
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Conventional | 4 | 2.7% | 100% | $317,500 | |
Newrez LLC
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Conventional | 3 | 2% | 100% | $191,666 | |
Pennymac Loan Services LLC
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Conventional | 2 | 1.3% | 75% | $305,000 | |
Marine Credit Union
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Conventional | 2 | 1.3% | 100% | $315,000 | |
Altra Federal Credit Union
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Conventional, FHA | 2 | 1.3% | 100% | $400,000 | |
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A+5.0 ★Texas Ratio: 1.10% |
Conventional | 2 | 1.3% | 100% | $340,000 | View |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 2 | 1.3% | 100% | $70,000 | View |
Primelending
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Conventional | 1 | 0.7% | 100% | $325,000 | |
CrossCountry Mortgage, LLC
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Conventional | 1 | 0.7% | 100% | $155,000 | |
Loanunited.Com, LLC
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VA | 1 | 0.7% | 100% | $315,000 | |
Resicentral LLC
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Conventional | 1 | 0.7% | 100% | $225,000 | |
AdvantageFirst Lending Inc
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FHA | 1 | 0.7% | 100% | $295,000 | |
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A+5.0 ★Texas Ratio: 5.44% |
Conventional | 1 | 0.7% | 100% | $405,000 | View |
Bay Equity LLC
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FHA | 1 | 0.7% | 100% | $315,000 | |
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B-3.5 ★Texas Ratio: 6.80% |
Conventional | 1 | 0.7% | 100% | $215,000 | View |
Planet Home Lending, LLC
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VA | 1 | 0.7% | 100% | $355,000 | |
Nations Lending Corporation
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Conventional | 1 | 0.7% | 100% | $375,000 | |
Mortgage Research Center
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VA | 1 | 0.7% | 100% | $315,000 | |
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A+5.0 ★Texas Ratio: 0.02% |
Conventional | 1 | 0.7% | 100% | $205,000 | View |
Navy Federal Credit Union
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VA | 1 | 0.7% | 50% | $275,000 | |
Reliance First Capital, LLC
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VA | 1 | 0.7% | 100% | $425,000 | |
Spring Eq, LLC
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Conventional | 1 | 0.7% | 33.3% | $115,000 | |
JMAC Lending, Inc.
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FHA | 1 | 0.7% | 100% | $225,000 | |
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
Figure Lending LLC
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HELOC | 0 +1 HELOCs |
0% | n/a |
Byron 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 Byron, Minnesota
Looking for mortgage lenders near me or mortgage brokers near me in Byron? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Byron in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Byron, MN
Use these to narrow the list above. Each category shows how many Byron, MN lenders fit and what that kind of lender is usually best for.
Who Lends in Byron, MN
Independent mortgage companies closed 42.7 percent of home loans in Byron, Minnesota in 2025, banks 40.7 percent and credit unions 16.7 percent. Servion was the largest mortgage company, First Security Bank the largest bank and Mayo Employees Federal Credit Union the largest credit union. Among lenders headquartered in Minnesota, First Security Bank led with 6 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 Byron, MN
By home loans closed in 2025, First Security Bank was the largest mortgage lender in Byron, Minnesota with 6 loans, about 4 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
7 lenders closed FHA loans in Byron, Minnesota in 2025, led by United Wholesale Mortgage with 3. 9 lenders closed VA loans, led by United Wholesale Mortgage, 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. 23 banks and 8 credit unions closed home loans in Byron, Minnesota in 2025, alongside 22 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 Byron, 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 Byron, 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 Byron. 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.
