Mortgage Lenders and Brokers in Cold Spring, 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
Cold Spring, Minnesota mortgage lenders include Granite BankGranite Bank202 2nd Ave S, Cold Spring, MN 56320A5.0 ★Texas Ratio: 13.85%, Magnifi Financial Credit UnionMagnifi Financial Credit Union208 3rd Ave S, Cold Spring, MN 56320A+5.0 ★Texas Ratio: 1.40%, US Bank, N.A.US Bank, N.A.331 S Broadway Ave, Albert Lea, MN 56007A+5.0 ★Texas Ratio: 2.85%, Liberty Bank MinnesotaLiberty Bank Minnesota730 Humboldt Dr, Big Lake, MN 55309A+5.0 ★Texas Ratio: 0.00%, St. Cloud Financial Credit UnionSt. Cloud Financial Credit Union5600 La Centre Ave Ste 100, Albertville, MN 55301 4018A+5.0 ★Texas Ratio: 3.54%, Deerwood BankDeerwood Bank14986 Lynwood Dr, Baxter, MN 56425A+5.0 ★Texas Ratio: 4.01%, 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%, Sentry BankSentry Bank4350 8th St N, Saint Cloud, MN 56303A+5.0 ★Texas Ratio: 0.00%, and Huntington National BankHuntington National Bank405 E Main St, Anoka, MN 55303A+5.0 ★Texas Ratio: 3.66%. 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 Cold Spring, Minnesota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Cold Spring 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 Cold Spring, Minnesota
Market share is the lender's share of all home loans closed in Cold Spring, 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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202 2nd Ave S, Cold Spring, MN 56320 A5.0 ★Texas Ratio: 13.85% |
Conventional, FHA | 9 | 7.3% | 100% | $199,444 | View |
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208 3rd Ave S, Cold Spring, MN 56320 A+5.0 ★Texas Ratio: 1.40% |
Conventional, HELOC | 8 +10 HELOCs |
6.5% | 90% | $323,750 | View |
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331 S Broadway Ave, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 2.85% |
Conventional, HELOC | 6 +1 HELOCs |
4.8% | 100% | $183,333 | View |
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730 Humboldt Dr, Big Lake, MN 55309 A+5.0 ★Texas Ratio: 0.00% |
Conventional | 6 | 4.8% | 100% | $311,666 | View |
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5600 La Centre Ave Ste 100, Albertville, MN 55301 4018 A+5.0 ★Texas Ratio: 3.54% |
Conventional | 3 | 2.4% | 100% | $111,666 | View |
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14986 Lynwood Dr, Baxter, MN 56425 A+5.0 ★Texas Ratio: 4.01% |
Conventional, HELOC | 2 +6 HELOCs |
1.6% | 100% | $235,000 | View |
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2772 E 82nd St, Bloomington, MN 55425 1365 A+5.0 ★Texas Ratio: 4.56% |
Conventional, HELOC | 2 +1 HELOCs |
1.6% | 100% | $515,000 | View |
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1719 W Main St, Albert Lea, MN 56007 4385 A+5.0 ★Texas Ratio: 4.41% |
Conventional | 2 | 1.6% | 66.7% | $80,000 | View |
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4350 8th St N, Saint Cloud, MN 56303 A+5.0 ★Texas Ratio: 0.00% |
Conventional | 2 | 1.6% | 100% | $140,000 | View |
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405 E Main St, Anoka, MN 55303 A+5.0 ★Texas Ratio: 3.66% |
Conventional | 1 | 0.8% | 100% | $255,000 | View |
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208 W Front St, Claremont, MN 55924 A5.0 ★Texas Ratio: 11.06% |
Conventional | 1 | 0.8% | 100% | $445,000 | View |
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1001 Broadway St, Alexandria, MN 56308 A+5.0 ★Texas Ratio: 3.66% |
Conventional | 1 | 0.8% | 100% | $165,000 | View |
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12500 Sherburne Avenue, Becker, MN 55308 A+5.0 ★Texas Ratio: 0.20% |
Conventional | 1 | 0.8% | 100% | $185,000 | View |
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208 W Front St, Claremont, MN 55924 A5.0 ★Texas Ratio: 11.06% |
Conventional | 1 | 0.8% | 100% | $305,000 | View |
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7831 E Bush Lake Rd, Edina, MN 55439 A+5.0 ★Texas Ratio: 3.43% |
Conventional | 1 | 0.8% | 100% | $345,000 | View |
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102 S Broadway, La Salle, MN 56056 A+5.0 ★Texas Ratio: 0.16% |
Conventional | 1 | 0.8% | 100% | $245,000 | View |
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10 Northtown Dr NE, Blaine, MN 55434 1033 A5.0 ★Texas Ratio: 6.19% |
Conventional | 1 | 0.8% | 100% | $85,000 | View |
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3313 Highway 29 S, Alexandria, MN 56308 A-5.0 ★Texas Ratio: 15.55% |
Conventional | 1 | 0.8% | 100% | $255,000 | View |
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101 Minnesota Ave N, Aitkin, MN 56431 A+5.0 ★Texas Ratio: 4.98% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
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14985 Glazier Ave, Apple Valley, MN 55124 |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Bremer Bank NA
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Plaza Home Mortgage, Inc
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Conventional, FHA, USDA | 15 | 12.1% | 100% | $299,000 | |
Rocket Mortgage
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Conventional | 7 | 5.6% | 100% | $245,000 | |
New American Funding, LLC.
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Conventional | 5 | 4% | 83.3% | $265,000 | |
Fairway Independent Mort Corp
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Conventional | 5 | 4% | 100% | $217,000 | |
loanDepot.com LLC
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Conventional, VA | 4 | 3.2% | 100% | $362,500 | |
Mortgage Research Center
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VA | 4 | 3.2% | 100% | $297,500 | |
United Wholesale Mortgage
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Conventional, FHA, VA | 3 | 2.4% | 50% | $231,666 | |
Everett Financial, Inc.
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Conventional | 3 | 2.4% | 100% | $201,666 | |
Pennymac Loan Services LLC
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Conventional, VA | 3 | 2.4% | 100% | $211,666 | |
Discover Bank
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Conventional | 3 | 2.4% | 100% | $88,333 | |
Primelending
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Conventional | 2 | 1.6% | 100% | $355,000 | |
Freedom Mortgage Corporation
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FHA, VA | 2 | 1.6% | 100% | $310,000 | |
CrossCountry Mortgage, LLC
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Conventional, FHA | 2 | 1.6% | 100% | $210,000 | |
Compeer Financial
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Conventional | 2 | 1.6% | 100% | $340,000 | |
Cmg Mortgage Inc
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FHA, VA | 2 | 1.6% | 100% | $365,000 | |
Homeowners Financial Group, LLC
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Conventional, FHA | 2 | 1.6% | 100% | $305,000 | |
Guaranteed Rate, Inc.
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Conventional | 1 | 0.8% | 33.3% | $195,000 | |
Newrez LLC
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Conventional | 1 | 0.8% | 100% | $75,000 | |
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A+5.0 ★Texas Ratio: 0.65% |
Conventional | 1 | 0.8% | 100% | $255,000 | View |
Credit Union 1
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Conventional | 1 | 0.8% | 100% | $85,000 | |
Bay Equity LLC
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Conventional | 1 | 0.8% | 100% | $235,000 | |
Sierra Pacific Mortgage Co. Inc
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Conventional | 1 | 0.8% | 100% | $185,000 | |
Nationstar Mortgage
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Conventional | 1 | 0.8% | 100% | $235,000 | |
Towne Mortgage Company
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USDA | 1 | 0.8% | 100% | $265,000 | |
Prosperity Home Mortgage, LLC
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Conventional | 1 | 0.8% | 100% | $345,000 | |
Mason-McDuffie Mortgage Corporation
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Conventional | 1 | 0.8% | 100% | $635,000 | |
Ark-La-Tex Financial Services LLC
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Conventional | 1 | 0.8% | 100% | $185,000 | |
HomeBridge Financial Services, Inc
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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 |
Cold Spring 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 Cold Spring, Minnesota
Looking for mortgage lenders near me or mortgage brokers near me in Cold Spring? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Cold Spring in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Cold Spring, MN
Use these to narrow the list above. Each category shows how many Cold Spring, MN lenders fit and what that kind of lender is usually best for.
Who Lends in Cold Spring, MN
Independent mortgage companies closed 55.6 percent of home loans in Cold Spring, Minnesota in 2025, banks 30.6 percent and credit unions 13.7 percent. Luminate Home Loans, Inc. was the largest mortgage company, Granite Bank the largest bank and Magnifi Financial Credit Union the largest credit union. Among lenders headquartered in Minnesota, Granite Bank led with 9 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 Cold Spring, MN
By home loans closed in 2025, Granite Bank was the largest mortgage lender in Cold Spring, Minnesota with 9 loans, about 7.3 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
7 lenders closed FHA loans in Cold Spring, Minnesota in 2025, led by Plaza Home Mortgage, Inc with 4. 6 lenders closed VA loans, led by Mortgage Research Center, and 2 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. 17 banks and 8 credit unions closed home loans in Cold Spring, Minnesota in 2025, alongside 25 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 Cold Spring, 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 Cold Spring, 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 Cold Spring. 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.
