Mortgage Lenders and Brokers in Cambridge, 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
Cambridge, Minnesota mortgage lenders include Minnco Credit UnionMinnco Credit Union235 1st Ave W, Cambridge, MN 55008A+5.0 ★Texas Ratio: 2.50%, Wells Fargo Bank NAWells Fargo Bank NA250 2nd Ave Ne, Cambridge, MN 55008A+5.0 ★Texas Ratio: 5.36%, First Bank & TrustFirst Bank & Trust234 1st Ave E, Cambridge, MN 55008A+5.0 ★Texas Ratio: 3.79%, Security Bank & Trust CompanySecurity Bank & Trust Company127 Main St S, Cambridge, MN 55008A+5.0 ★Texas Ratio: 2.36%, Affinity Plus Federal Credit UnionAffinity Plus Federal Credit Union1990 2nd Ave SE, Cambridge, MN 55008 4149A+5.0 ★Texas Ratio: 4.41%, Bell BankBell Bank1001 Broadway St, Alexandria, MN 56308A+5.0 ★Texas Ratio: 3.66%, Luminate BankLuminate Bank208 W Front St, Claremont, MN 55924A5.0 ★Texas Ratio: 11.06%, US Bank, N.A.US Bank, N.A.331 S Broadway Ave, Albert Lea, MN 56007A+5.0 ★Texas Ratio: 2.85%, Frandsen Bank & TrustFrandsen Bank & Trust410 2nd St W, Ada, MN 56510A+5.0 ★Texas Ratio: 5.91%, and Granite BankGranite Bank11660 Theatre Dr N, Champlin, MN 55316A5.0 ★Texas Ratio: 13.85%. 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 Cambridge, Minnesota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Cambridge 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 Cambridge, Minnesota
Market share is the lender's share of all home loans closed in Cambridge, 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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235 1st Ave W, Cambridge, MN 55008 A+5.0 ★Texas Ratio: 2.50% |
Conventional | 16 | 5% | 58.6% | $90,000 | View |
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1 office in Cambridge 250 2nd Ave Ne, Cambridge, MN 55008 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 4 | 1.2% | 100% | $197,500 | View |
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1 office in Cambridge 234 1st Ave E, Cambridge, MN 55008 A+5.0 ★Texas Ratio: 3.79% |
Conventional, HELOC | 2 +4 HELOCs |
0.6% | 50% | $190,000 | View |
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4 offices in Cambridge 127 Main St S, Cambridge, MN 55008 A+5.0 ★Texas Ratio: 2.36% |
Conventional | 1 | 0.3% | 100% | $185,000 | View |
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1990 2nd Ave SE, Cambridge, MN 55008 4149 A+5.0 ★Texas Ratio: 4.41% |
Conventional, HELOC | 34 +7 HELOCs |
10.6% | 70% | $98,529 | View |
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1001 Broadway St, Alexandria, MN 56308 A+5.0 ★Texas Ratio: 3.66% |
Conventional, FHA, HELOC | 12 +1 HELOCs |
3.8% | 85.7% | $298,333 | View |
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208 W Front St, Claremont, MN 55924 A5.0 ★Texas Ratio: 11.06% |
Conventional, FHA | 12 | 3.8% | 100% | $243,333 | View |
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331 S Broadway Ave, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 2.85% |
Conventional | 4 | 1.2% | 62.5% | $237,500 | View |
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410 2nd St W, Ada, MN 56510 A+5.0 ★Texas Ratio: 5.91% |
Conventional | 4 | 1.2% | 80% | $282,500 | View |
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11660 Theatre Dr N, Champlin, MN 55316 A5.0 ★Texas Ratio: 13.85% |
Conventional | 2 | 0.6% | 100% | $200,000 | View |
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21450 Forest Blvd N, Forest Lake, MN 55025 A+5.0 ★Texas Ratio: 0.92% |
Conventional | 2 | 0.6% | 100% | $210,000 | View |
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208 W Front St, Claremont, MN 55924 A5.0 ★Texas Ratio: 11.06% |
Conventional, FHA | 2 | 0.6% | 100% | $255,000 | View |
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11800 Aberdeen St Ne, Blaine, MN 55449 C+4.1 ★Texas Ratio: 26.29% |
Conventional | 2 | 0.6% | 100% | $70,000 | View |
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2772 E 82nd St, Bloomington, MN 55425 1365 A+5.0 ★Texas Ratio: 4.56% |
VA, HELOC | 1 +1 HELOCs |
0.3% | 100% | $425,000 | View |
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405 E Main St, Anoka, MN 55303 A+5.0 ★Texas Ratio: 3.66% |
Conventional | 1 | 0.3% | 100% | $235,000 | View |
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9741 Lyndale Ave S, Bloomington, MN 55420 A+5.0 ★Texas Ratio: 1.58% |
Conventional | 1 | 0.3% | 100% | $35,000 | View |
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6340 Merchant St, Askov, MN 55704 A+5.0 ★Texas Ratio: 3.46% |
Conventional | 1 | 0.3% | 33.3% | $165,000 | View |
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13735 Round Lake Blvd NW, Andover, MN 55304 A+5.0 ★Texas Ratio: 5.40% |
Conventional | 1 | 0.3% | 100% | $505,000 | View |
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108 Minnesota Ave N, Aitkin, MN 56431 1410 A5.0 ★Texas Ratio: 10.43% |
Conventional | 1 | 0.3% | 50% | $25,000 | View |
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900 American Blvd W, Bloomington, MN 55420 A5.0 ★Texas Ratio: 6.54% |
Conventional | 1 | 0.3% | 50% | $85,000 | View |
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101 Old Town Rd, Elko New Market, MN 55054 A+5.0 ★Texas Ratio: 0.00% |
Conventional | 1 | 0.3% | 100% | $185,000 | View |
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950 Highway 95 N, Bayport, MN 55003 A+5.0 ★Texas Ratio: 0.25% |
Conventional | 1 | 0.3% | 100% | $225,000 | View |
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1011 Tompkins Dr NE, Byron, MN 55920 A5.0 ★Texas Ratio: 7.96% |
Conventional | 1 | 0.3% | 100% | $165,000 | View |
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412 E Main St, Ada, MN 56510 A+5.0 ★Texas Ratio: 3.54% |
Conventional | 1 | 0.3% | 100% | $365,000 | View |
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242 N 1st St, Pennock, MN 56279 C-3.6 ★Texas Ratio: 31.27% |
USDA | 1 | 0.3% | 100% | $265,000 | View |
Minnesota Valley Federal Credit Union
100 Memorial View Ct, Mankato, MN 56001 |
Conventional | 1 | 0.3% | 100% | $205,000 | |
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10 Northtown Dr NE, Blaine, MN 55434 1033 A5.0 ★Texas Ratio: 6.19% |
Conventional | 1 | 0.3% | 50% | $255,000 | View |
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14986 Lynwood Dr, Baxter, MN 56425 A+5.0 ★Texas Ratio: 4.01% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
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143 W Clark St, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 3.32% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Summit Mortgage Corporation
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Conventional, FHA | 9 | 2.8% | 100% | $299,444 | |
Tradition Mortgage, LLC
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Conventional | 1 | 0.3% | 100% | $315,000 | |
United Wholesale Mortgage
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Conventional, FHA, VA | 20 | 6.2% | 90.9% | $290,000 | |
Rocket Mortgage
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Conventional, FHA, VA | 18 | 5.6% | 81.8% | $248,333 | |
CrossCountry Mortgage, LLC
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Conventional, FHA, VA, USDA | 18 | 5.6% | 90% | $301,111 | |
loanDepot.com LLC
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Conventional, FHA, VA | 18 | 5.6% | 60% | $257,777 | |
Fairway Independent Mort Corp
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Conventional, FHA, USDA | 12 | 3.8% | 100% | $223,333 | |
Guaranteed Rate, Inc.
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Conventional, FHA, VA | 9 | 2.8% | 81.8% | $311,666 | |
Freedom Mortgage Corporation
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Conventional, FHA, VA | 8 | 2.5% | 90% | $305,000 | |
Cardinal Financial Company, Li
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Conventional, FHA | 7 | 2.2% | 100% | $167,857 | |
New American Funding, LLC.
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Conventional, VA | 7 | 2.2% | 100% | $262,142 | |
Pennymac Loan Services LLC
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Conventional, FHA | 6 | 1.9% | 87.5% | $255,000 | |
Paramount Residential Mortgage
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Conventional, FHA | 6 | 1.9% | 85.7% | $196,666 | |
Lakeview Loan Servicing, LLC
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Conventional, FHA, VA | 4 | 1.2% | 71.4% | $297,500 | |
Newrez LLC
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Conventional | 4 | 1.2% | 100% | $250,000 | |
Bay Equity LLC
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Conventional, FHA | 4 | 1.2% | 100% | $220,000 | |
Mutual of Omaha Mortgage
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Conventional, FHA, VA | 4 | 1.2% | 80% | $310,000 | |
Lower, LLC
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Conventional, FHA | 4 | 1.2% | 100% | $200,000 | |
SWBC Mortgage Corporation
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Conventional, FHA | 3 | 0.9% | 100% | $211,666 | |
Everett Financial, Inc.
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Conventional, USDA | 3 | 0.9% | 100% | $301,666 | |
Cmg Mortgage Inc
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Conventional, FHA | 3 | 0.9% | 100% | $321,666 | |
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A5.0 ★Texas Ratio: 9.09% |
Conventional | 3 | 0.9% | 100% | $318,333 | View |
Loan Simple, Inc.
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Conventional, FHA | 3 | 0.9% | 100% | $211,666 | |
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A+5.0 ★Texas Ratio: 3.17% |
Conventional, FHA | 3 | 0.9% | 100% | $301,666 | View |
Compeer Financial
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Conventional, Jumbo | 2 | 0.6% | 100% | $645,000 | |
Movement Mortgage, LLC
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Conventional, FHA | 2 | 0.6% | 100% | $140,000 | |
Planet Home Lending, LLC
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VA | 2 | 0.6% | 100% | $360,000 | |
Nationstar Mortgage
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FHA, VA | 2 | 0.6% | 100% | $280,000 | |
Mortgage Research Center
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VA | 2 | 0.6% | 50% | $310,000 | |
Megastar Finanacial Corp
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Conventional, FHA | 2 | 0.6% | 100% | $180,000 | |
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A-5.0 ★Texas Ratio: 14.93% |
Conventional, VA | 2 | 0.6% | 100% | $275,000 | View |
Spring Eq, LLC
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Conventional | 2 | 0.6% | 60% | $60,000 | |
American Financial Resources LLC
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FHA | 1 | 0.3% | 100% | $405,000 | |
Gold Star Mortgage Financial Group, Corporation
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Conventional | 1 | 0.3% | 100% | $145,000 | |
Farmers Insurance Federal Credit Union
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Conventional | 1 | 0.3% | 100% | $335,000 | |
Allied Mortgage Group, Inc
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FHA | 1 | 0.3% | 100% | $275,000 | |
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D3.3 ★Texas Ratio: 35.11% |
FHA | 1 | 0.3% | 50% | $155,000 | View |
Triad Financial Services, Inc.
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Conventional | 1 | 0.3% | 100% | $75,000 | |
HomeXpress Mortgage Corp.
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Conventional | 1 | 0.3% | 100% | $285,000 | |
City 1st Mortgage Services, LC
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FHA | 1 | 0.3% | 100% | $445,000 | |
Discover Bank
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Conventional | 1 | 0.3% | 25% | $35,000 | |
Mid-Continent Funding, Inc.
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VA | 1 | 0.3% | 100% | $275,000 | |
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B-3.5 ★Texas Ratio: 6.80% |
VA | 1 | 0.3% | 100% | $325,000 | View |
Provident Funding Associates
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Conventional | 1 | 0.3% | 100% | $405,000 | |
Better Mortgage Corporation
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Conventional | 1 | 0.3% | 100% | $185,000 | |
Zillow Home Loans, LLC
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Conventional | 1 | 0.3% | 100% | $285,000 | |
Prosperity Home Mortgage, LLC
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Conventional | 1 | 0.3% | 100% | $165,000 | |
Plaza Home Mortgage, Inc
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FHA | 1 | 0.3% | 100% | $215,000 | |
Figure Lending LLC
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HELOC | 0 +2 HELOCs |
0% | n/a | ||
Pentagon Federal Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
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★ 1.7 stars, 3 reviews A+5.0 ★Texas Ratio: 4.24% |
HELOC | 0 +1 HELOCs |
0% | n/a | View |
Cambridge 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 Cambridge, Minnesota
Looking for mortgage lenders near me or mortgage brokers near me in Cambridge? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Cambridge in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Cambridge, MN
Use these to narrow the list above. Each category shows how many Cambridge, MN lenders fit and what that kind of lender is usually best for.
Who Lends in Cambridge, MN
Independent mortgage companies closed 62.2 percent of home loans in Cambridge, Minnesota in 2025, banks 18.4 percent and credit unions 19.4 percent. Luminate Home Loans, Inc. was the largest mortgage company, Wells Fargo Bank NA the largest bank and Minnco Credit Union the largest credit union. Among lenders headquartered in Minnesota, Minnco Credit Union led with 16 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 Cambridge, MN
By home loans closed in 2025, Minnco Credit Union was the largest mortgage lender in Cambridge, Minnesota with 16 loans, about 5 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
30 lenders closed FHA loans in Cambridge, Minnesota in 2025, led by loanDepot.com LLC with 8. 16 lenders closed VA loans, led by United Wholesale Mortgage, and 4 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. 24 banks and 13 credit unions closed home loans in Cambridge, Minnesota in 2025, alongside 43 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 Cambridge, 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 Cambridge, 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 Cambridge. 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.
