Mortgage Lenders and Brokers in Cannon Falls, 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
Cannon Falls, Minnesota mortgage lenders include Merchants Bank, National AssociationMerchants Bank, National Association300 Main St W, Cannon Falls, MN 55009A+5.0 ★Texas Ratio: 3.28%, Community Resource BankCommunity Resource Bank1230 4th St S, Cannon Falls, MN 55009A5.0 ★Texas Ratio: 7.12%, Luminate BankLuminate Bank208 W Front St, Claremont, MN 55924A5.0 ★Texas Ratio: 11.06%, Heritage Bank MinnesotaHeritage Bank Minnesota37470 1st Avenue Ct, Dennison, MN 55018A-4.4 ★Texas Ratio: 8.07%, Bell BankBell Bank1001 Broadway St, Alexandria, MN 56308A+5.0 ★Texas Ratio: 3.66%, Trustone Financial Credit UnionTrustone Financial Credit Union2772 E 82nd St, Bloomington, MN 55425 1365A+5.0 ★Texas Ratio: 4.56%, Affinity Plus Federal Credit UnionAffinity Plus Federal Credit Union1719 W Main St, Albert Lea, MN 56007 4385A+5.0 ★Texas Ratio: 4.41%, Think Mutual BankThink Mutual Bank15751 Emperor Ave, Apple Valley, MN 55124A+5.0 ★Texas Ratio: 0.90%, Alerus Financial NAAlerus Financial NA143 W Clark St, Albert Lea, MN 56007A+5.0 ★Texas Ratio: 3.32%, and Wells Fargo Bank NAWells Fargo Bank NA122 E Main St, Albert Lea, MN 56007A+5.0 ★Texas Ratio: 5.36%. 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 Cannon Falls, Minnesota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Cannon Falls 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 Cannon Falls, Minnesota
Market share is the lender's share of all home loans closed in Cannon Falls, 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 Cannon Falls 300 Main St W, Cannon Falls, MN 55009 A+5.0 ★Texas Ratio: 3.28% |
Conventional, FHA, HELOC | 11 +6 HELOCs |
7.2% | 100% | $300,454 | View |
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1 office in Cannon Falls 1230 4th St S, Cannon Falls, MN 55009 A5.0 ★Texas Ratio: 7.12% |
Conventional | 5 | 3.3% | 100% | $215,000 | View |
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208 W Front St, Claremont, MN 55924 A5.0 ★Texas Ratio: 11.06% |
Conventional, FHA | 7 | 4.6% | 87.5% | $376,428 | View |
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37470 1st Avenue Ct, Dennison, MN 55018 A-4.4 ★Texas Ratio: 8.07% |
Conventional | 7 | 4.6% | 100% | $199,285 | View |
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1001 Broadway St, Alexandria, MN 56308 A+5.0 ★Texas Ratio: 3.66% |
Conventional, VA | 6 | 3.9% | 100% | $168,333 | View |
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2772 E 82nd St, Bloomington, MN 55425 1365 A+5.0 ★Texas Ratio: 4.56% |
Conventional, HELOC | 5 +6 HELOCs |
3.3% | 100% | $101,000 | View |
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1719 W Main St, Albert Lea, MN 56007 4385 A+5.0 ★Texas Ratio: 4.41% |
Conventional, HELOC | 5 +1 HELOCs |
3.3% | 83.3% | $199,000 | View |
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15751 Emperor Ave, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 0.90% |
Conventional | 4 | 2.6% | 100% | $147,500 | View |
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143 W Clark St, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 3.32% |
Conventional, FHA | 2 | 1.3% | 100% | $335,000 | View |
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122 E Main St, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 2 | 1.3% | 66.7% | $195,000 | View |
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10 Northtown Dr NE, Blaine, MN 55434 1033 A5.0 ★Texas Ratio: 6.19% |
Conventional | 2 | 1.3% | 100% | $95,000 | View |
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410 2nd St W, Ada, MN 56510 A+5.0 ★Texas Ratio: 5.91% |
Conventional | 2 | 1.3% | 66.7% | $120,000 | View |
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14985 Glazier Ave, Apple Valley, MN 55124 |
Conventional, Jumbo, HELOC | 1 +3 HELOCs |
0.7% | 100% | $925,000 | View |
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7510 147th St W, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 4.14% |
Conventional, HELOC | 1 +1 HELOCs |
0.7% | 100% | $305,000 | View |
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60 Plato Blvd E, Saint Paul, MN 55107 F1.0 ★Texas Ratio: 77.33% |
Conventional | 1 | 0.7% | 100% | $175,000 | View |
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27925 Danville Avenue, Castle Rock, MN 55010 A+5.0 ★Texas Ratio: 0.04% |
Conventional | 1 | 0.7% | 100% | $215,000 | View |
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45 Hassan St SE, Hutchinson, MN 55350 A+5.0 ★Texas Ratio: 4.19% |
Conventional | 1 | 0.7% | 100% | $85,000 | View |
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229 Main St N, Chatfield, MN 55923 A+5.0 ★Texas Ratio: 0.00% |
Conventional | 1 | 0.7% | 100% | $235,000 | View |
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112 Broadway, Hanska, MN 56041 A+5.0 ★Texas Ratio: 0.05% |
Conventional | 1 | 0.7% | 100% | $345,000 | View |
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113 N Main St, Belview, MN 56214 A+5.0 ★Texas Ratio: 5.77% |
Conventional | 1 | 0.7% | 100% | $665,000 | View |
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3225 Denmark Ave, Eagan, MN 55121 1382 A+5.0 ★Texas Ratio: 5.61% |
Conventional | 1 | 0.7% | 100% | $235,000 | View |
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1011 Tompkins Dr NE, Byron, MN 55920 A5.0 ★Texas Ratio: 7.96% |
Conventional | 1 | 0.7% | 100% | $725,000 | View |
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11800 Aberdeen St Ne, Blaine, MN 55449 C+4.1 ★Texas Ratio: 26.29% |
Conventional | 1 | 0.7% | 50% | $135,000 | View |
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2630 Bridge Ave, Albert Lea, MN 56007 A5.0 ★Texas Ratio: 12.61% |
Conventional | 1 | 0.7% | 100% | $195,000 | View |
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1330 Conway St Ste 200, Saint Paul, MN 55106 A+5.0 ★Texas Ratio: 1.19% |
Conventional | 1 | 0.7% | 100% | $455,000 | View |
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331 S Broadway Ave, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 2.85% |
HELOC | 0 +1 HELOCs |
0% | 0% | View | |
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7760 France Ave S, Bloomington, MN 55435 A+5.0 ★Texas Ratio: 3.45% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Cambria Financial Group
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VA, HELOC | 1 +1 HELOCs |
0.7% | 100% | $605,000 | |
Servion
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Conventional | 1 | 0.7% | 100% | $715,000 | |
Summit Mortgage Corporation
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VA | 1 | 0.7% | 100% | $325,000 | |
Newrez LLC
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Conventional, USDA | 11 | 7.2% | 78.6% | $333,181 | |
United Wholesale Mortgage
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Conventional, VA | 10 | 6.5% | 84.6% | $360,000 | |
Rocket Mortgage
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Conventional | 8 | 5.2% | 80% | $258,750 | |
Fairway Independent Mort Corp
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Conventional, FHA, VA | 5 | 3.3% | 100% | $305,000 | |
Guaranteed Rate, Inc.
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Conventional, FHA | 4 | 2.6% | 100% | $252,500 | |
Freedom Mortgage Corporation
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Conventional, VA | 4 | 2.6% | 80% | $357,500 | |
Plaza Home Mortgage, Inc
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Conventional, FHA, VA | 3 | 2% | 100% | $418,333 | |
American Neighborhood Mortgage Acceptance Company
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Conventional, FHA, VA | 3 | 2% | 100% | $331,666 | |
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A+5.0 ★Texas Ratio: 4.11% |
Conventional, VA | 2 | 1.3% | 100% | $455,000 | View |
CrossCountry Mortgage, LLC
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Conventional | 2 | 1.3% | 100% | $200,000 | |
loanDepot.com LLC
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Conventional, FHA | 2 | 1.3% | 100% | $260,000 | |
Prosperity Home Mortgage, LLC
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Conventional | 2 | 1.3% | 66.7% | $310,000 | |
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A+5.0 ★Texas Ratio: 3.17% |
Conventional, HELOC | 1 +2 HELOCs |
0.7% | 100% | $395,000 | View |
Guaranteed Rate Affinity, LLC
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Conventional | 1 | 0.7% | 100% | $625,000 | |
Gold Star Mortgage Financial Group, Corporation
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Conventional | 1 | 0.7% | 100% | $205,000 | |
SWBC Mortgage Corporation
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Conventional | 1 | 0.7% | 100% | $255,000 | |
Sage Home Loans Corporation
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Conventional | 1 | 0.7% | 100% | $615,000 | |
Equity Prime Mortgage LLC
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FHA | 1 | 0.7% | 100% | $345,000 | |
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A+5.0 ★Texas Ratio: 4.11% |
VA | 1 | 0.7% | 100% | $315,000 | View |
Resicentral LLC
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Conventional | 1 | 0.7% | 100% | $325,000 | |
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B-3.5 ★Texas Ratio: 6.80% |
VA | 1 | 0.7% | 100% | $315,000 | View |
First International Bank & Trust
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Conventional | 1 | 0.7% | 100% | $535,000 | |
Planet Home Lending, LLC
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VA | 1 | 0.7% | 100% | $655,000 | |
Provident Funding Associates
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Conventional | 1 | 0.7% | 100% | $195,000 | |
Nationstar Mortgage
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FHA | 1 | 0.7% | 100% | $215,000 | |
Mortgage Research Center
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VA | 1 | 0.7% | 50% | $265,000 | |
Member First Mortgage, LLC
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Conventional | 1 | 0.7% | 100% | $355,000 | |
Zillow Home Loans, LLC
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Conventional | 1 | 0.7% | 100% | $335,000 | |
New American Funding, LLC.
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Conventional | 1 | 0.7% | 100% | $235,000 | |
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A-5.0 ★Texas Ratio: 14.97% |
Conventional | 1 | 0.7% | 100% | $255,000 | View |
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A+5.0 ★Texas Ratio: 2.14% |
FHA | 1 | 0.7% | 100% | $235,000 | View |
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C+4.1 ★Texas Ratio: 26.29% |
Conventional | 1 | 0.7% | 100% | $25,000 | View |
21St Mortgage
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Conventional | 1 | 0.7% | 50% | $35,000 | |
Paramount Residential Mortgage
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Conventional | 1 | 0.7% | 100% | $155,000 | |
Angel Oak Mortgage Solutions LLC
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Conventional | 1 | 0.7% | 100% | $645,000 | |
Figure Lending LLC
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Connexus Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a |
Cannon Falls 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 Cannon Falls, Minnesota
Looking for mortgage lenders near me or mortgage brokers near me in Cannon Falls? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Cannon Falls in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Cannon Falls, MN
Use these to narrow the list above. Each category shows how many Cannon Falls, MN lenders fit and what that kind of lender is usually best for.
Who Lends in Cannon Falls, MN
Independent mortgage companies closed 49 percent of home loans in Cannon Falls, Minnesota in 2025, banks 39.2 percent and credit unions 11.8 percent. Cambria Financial Group was the largest mortgage company, Merchants Bank, National Association the largest bank and Trustone Financial Credit Union the largest credit union. Among lenders headquartered in Minnesota, Merchants Bank, National Association led with 11 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 Cannon Falls, MN
By home loans closed in 2025, Merchants Bank, National Association was the largest mortgage lender in Cannon Falls, Minnesota with 11 loans, about 7.2 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
11 lenders closed FHA loans in Cannon Falls, Minnesota in 2025, led by Luminate Bank with 2. 13 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. 25 banks and 10 credit unions closed home loans in Cannon Falls, Minnesota in 2025, alongside 32 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 Cannon Falls, 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 Cannon Falls, 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 Cannon Falls. 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.
