Mortgage Lenders and Brokers in Crosslake, 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
Crosslake, Minnesota mortgage lenders include Frandsen Bank & TrustFrandsen Bank & Trust35470 Cty Rd 3, Crosslake, MN 56442A+5.0 ★Texas Ratio: 5.91%, National Bank of CommerceNational Bank of Commerce36139 County Road 66, Crosslake, MN 56442A+5.0 ★Texas Ratio: 5.00%, First Western Bank & TrustFirst Western Bank & Trust35563 County Road 3, Crosslake, MN 56442A-5.0 ★Texas Ratio: 15.55%, US Bank, N.A.US Bank, N.A.331 S Broadway Ave, Albert Lea, MN 56007A+5.0 ★Texas Ratio: 2.85%, Wings Financial Credit UnionWings Financial Credit Union14985 Glazier Ave, Apple Valley, MN 55124, American National Bank of MinnesotaAmerican National Bank of Minnesota512 30th Ave E, Alexandria, MN 56308A5.0 ★Texas Ratio: 8.08%, Old National BankOld National Bank101 Minnesota Ave N, Aitkin, MN 56431A+5.0 ★Texas Ratio: 4.98%, Merchants Bank, National AssociationMerchants Bank, National Association7300 147th St W, Apple Valley, MN 55124A+5.0 ★Texas Ratio: 3.28%, Bell BankBell Bank1001 Broadway St, Alexandria, MN 56308A+5.0 ★Texas Ratio: 3.66%, 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 Crosslake, Minnesota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Crosslake 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 Crosslake, Minnesota
Market share is the lender's share of all home loans closed in Crosslake, 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 Crosslake 35470 Cty Rd 3, Crosslake, MN 56442 A+5.0 ★Texas Ratio: 5.91% |
Conventional, Jumbo | 15 | 8.8% | 100% | $349,666 | View |
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1 office in Crosslake 36139 County Road 66, Crosslake, MN 56442 A+5.0 ★Texas Ratio: 5.00% |
Conventional | 10 | 5.8% | 100% | $432,000 | View |
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1 office in Crosslake 35563 County Road 3, Crosslake, MN 56442 A-5.0 ★Texas Ratio: 15.55% |
Conventional, FHA, Jumbo | 4 | 2.3% | 100% | $450,000 | View |
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331 S Broadway Ave, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 2.85% |
Conventional, Jumbo, HELOC | 10 +2 HELOCs |
5.8% | 100% | $610,000 | View |
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14985 Glazier Ave, Apple Valley, MN 55124 |
Conventional, HELOC | 5 +6 HELOCs |
2.9% | 100% | $327,000 | View |
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512 30th Ave E, Alexandria, MN 56308 A5.0 ★Texas Ratio: 8.08% |
Conventional | 5 | 2.9% | 100% | $235,000 | View |
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101 Minnesota Ave N, Aitkin, MN 56431 A+5.0 ★Texas Ratio: 4.98% |
Conventional, Jumbo, HELOC | 4 +5 HELOCs |
2.3% | 100% | $525,000 | View |
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7300 147th St W, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 3.28% |
Conventional | 4 | 2.3% | 100% | $215,000 | View |
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1001 Broadway St, Alexandria, MN 56308 A+5.0 ★Texas Ratio: 3.66% |
Conventional, Jumbo | 4 | 2.3% | 100% | $805,000 | View |
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122 E Main St, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 4 | 2.3% | 100% | $432,500 | View |
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10 Northtown Dr NE, Blaine, MN 55434 1033 A5.0 ★Texas Ratio: 6.19% |
Conventional | 4 | 2.3% | 100% | $380,000 | View |
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5600 La Centre Ave Ste 100, Albertville, MN 55301 4018 A+5.0 ★Texas Ratio: 3.54% |
Conventional | 3 | 1.8% | 100% | $151,666 | View |
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14986 Lynwood Dr, Baxter, MN 56425 A+5.0 ★Texas Ratio: 4.01% |
Conventional, HELOC | 2 +4 HELOCs |
1.2% | 100% | $195,000 | View |
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2772 E 82nd St, Bloomington, MN 55425 1365 A+5.0 ★Texas Ratio: 4.56% |
Conventional, HELOC | 2 +2 HELOCs |
1.2% | 50% | $185,000 | View |
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7601 France Ave S, Edina, MN 55435 A+5.0 ★Texas Ratio: 1.76% |
Conventional, Jumbo | 2 | 1.2% | 100% | $1,955,000 | View |
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730 Humboldt Dr, Big Lake, MN 55309 A+5.0 ★Texas Ratio: 0.00% |
Conventional, Jumbo | 2 | 1.2% | 100% | $800,000 | 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 |
0.6% | 100% | $125,000 | View |
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15751 Emperor Ave, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 0.90% |
Conventional, HELOC | 1 +1 HELOCs |
0.6% | 100% | $365,000 | View |
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641 Railroad Ave, Albany, MN 56307 A+5.0 ★Texas Ratio: 1.40% |
Conventional, HELOC | 1 +1 HELOCs |
0.6% | 100% | $305,000 | View |
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900 American Blvd W, Bloomington, MN 55420 A5.0 ★Texas Ratio: 6.54% |
Conventional, HELOC | 1 +1 HELOCs |
0.6% | 100% | $105,000 | View |
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15103 Cedar Ave, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 3.68% |
Conventional, Jumbo | 1 | 0.6% | 100% | $905,000 | View |
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15 Minnesota Ave S, Aitkin, MN 56431 B4.5 ★Texas Ratio: 21.20% |
Conventional | 1 | 0.6% | 100% | $125,000 | View |
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208 W Front St, Claremont, MN 55924 A5.0 ★Texas Ratio: 11.06% |
VA | 1 | 0.6% | 100% | $275,000 | View |
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1420 White Oak Dr, Chaska, MN 55318 A5.0 ★Texas Ratio: 11.00% |
Conventional | 1 | 0.6% | 100% | $405,000 | View |
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11660 Theatre Dr N, Champlin, MN 55316 A5.0 ★Texas Ratio: 13.85% |
Conventional, Jumbo | 1 | 0.6% | 100% | $1,385,000 | View |
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104 Avon Ave N, Avon, MN 56310 A+5.0 ★Texas Ratio: 0.00% |
Conventional | 1 | 0.6% | 100% | $315,000 | View |
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1600 Monroe Drive, Carver, MN 55315 A+5.0 ★Texas Ratio: 3.53% |
Conventional | 1 | 0.6% | 100% | $805,000 | View |
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4001 Lexington Ave N, Arden Hills, MN 55126 A+5.0 ★Texas Ratio: 4.68% |
Conventional | 1 | 0.6% | 100% | $255,000 | View |
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215 Front Street South, Barnesville, MN 56514 A+5.0 ★Texas Ratio: 0.44% |
Conventional | 1 | 0.6% | 100% | $275,000 | View |
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201 E Main St S, Ada, MN 56510 A+5.0 ★Texas Ratio: 0.00% |
Conventional | 1 | 0.6% | 100% | $395,000 | View |
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715 Crossroads Campus Dr NE, Buffalo, MN 55313 5074 A+5.0 ★Texas Ratio: 1.13% |
Conventional | 1 | 0.6% | 100% | $325,000 | View |
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3225 Denmark Ave, Eagan, MN 55121 1382 A+5.0 ★Texas Ratio: 5.61% |
Conventional | 1 | 0.6% | 100% | $35,000 | View |
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7760 France Ave S, Bloomington, MN 55435 A+5.0 ★Texas Ratio: 3.45% |
Conventional | 1 | 0.6% | 100% | $605,000 | View |
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4470 W 78th Street Cir, Bloomington, MN 55435 A+5.0 ★Texas Ratio: 2.70% |
Conventional | 1 | 0.6% | 100% | $725,000 | View |
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412 E Main St, Ada, MN 56510 A+5.0 ★Texas Ratio: 3.54% |
Conventional, Jumbo | 1 | 0.6% | 100% | $2,245,000 | View |
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1330 Conway St Ste 200, Saint Paul, MN 55106 A+5.0 ★Texas Ratio: 1.19% |
Conventional | 1 | 0.6% | 100% | $275,000 | View |
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4350 8th St N, Saint Cloud, MN 56303 A+5.0 ★Texas Ratio: 0.00% |
Conventional | 1 | 0.6% | 100% | $805,000 | View |
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1719 W Main St, Albert Lea, MN 56007 4385 A+5.0 ★Texas Ratio: 4.41% |
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 | |
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108 Minnesota Ave N, Aitkin, MN 56431 1410 A5.0 ★Texas Ratio: 10.43% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Servion
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Conventional, FHA | 2 | 1.2% | 100% | $320,000 | |
Cambria Financial Group
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Conventional | 1 | 0.6% | 100% | $625,000 | |
Tradition Mortgage, LLC
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Conventional | 1 | 0.6% | 100% | $255,000 | |
Rocket Mortgage
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Conventional | 9 | 5.3% | 69.2% | $213,888 | |
United Wholesale Mortgage
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Conventional, FHA, VA, Jumbo | 7 | 4.1% | 100% | $537,857 | |
Fairway Independent Mort Corp
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Conventional | 5 | 2.9% | 100% | $307,000 | |
Pennymac Loan Services LLC
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Conventional, FHA, VA | 4 | 2.3% | 80% | $302,500 | |
loanDepot.com LLC
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Conventional, VA | 3 | 1.8% | 75% | $268,333 | |
New American Funding, LLC.
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Conventional, FHA | 3 | 1.8% | 100% | $475,000 | |
Guaranteed Rate, Inc.
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Conventional, VA | 2 | 1.2% | 100% | $645,000 | |
CrossCountry Mortgage, LLC
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Conventional | 2 | 1.2% | 66.7% | $305,000 | |
Compeer Financial
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Conventional | 2 | 1.2% | 100% | $150,000 | |
Prosperity Home Mortgage, LLC
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Conventional | 2 | 1.2% | 100% | $105,000 | |
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A5.0 ★Texas Ratio: 9.09% |
Conventional, Jumbo | 2 | 1.2% | 100% | $755,000 | View |
Plaza Home Mortgage, Inc
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Conventional, VA | 2 | 1.2% | 66.7% | $435,000 | |
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A+5.0 ★Texas Ratio: 4.11% |
Conventional | 1 | 0.6% | 100% | $415,000 | View |
Lakeview Loan Servicing, LLC
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VA | 1 | 0.6% | 100% | $485,000 | |
Kind Lending, LLC
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VA | 1 | 0.6% | 33.3% | $485,000 | |
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D3.3 ★Texas Ratio: 35.11% |
Conventional | 1 | 0.6% | 100% | $385,000 | View |
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B+4.8 ★Texas Ratio: 17.16% |
Conventional | 1 | 0.6% | 100% | $185,000 | View |
AdvantageFirst Lending Inc
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VA | 1 | 0.6% | 50% | $315,000 | |
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A+5.0 ★Texas Ratio: 5.05% |
Conventional | 1 | 0.6% | 100% | $615,000 | View |
Cmg Mortgage Inc
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Conventional, Jumbo | 1 | 0.6% | 100% | $2,325,000 | |
MortgageCountry
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Conventional | 1 | 0.6% | 100% | $355,000 | |
Gate City Bank
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Conventional | 1 | 0.6% | 100% | $465,000 | |
Greenbox Loans
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Conventional | 1 | 0.6% | 100% | $275,000 | |
Cardinal Financial Company, Li
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Conventional, Jumbo | 1 | 0.6% | 100% | $1,055,000 | |
New Day Financial, LLC.
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VA | 1 | 0.6% | 50% | $625,000 | |
American Pacific Mortgage Corporation
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Conventional | 1 | 0.6% | 100% | $185,000 | |
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C3.9 ★Texas Ratio: 27.97% |
Conventional | 1 | 0.6% | 100% | $445,000 | View |
Mutual of Omaha Mortgage
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Conventional | 1 | 0.6% | 100% | $765,000 | |
The Loan Store, Inc
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Conventional, Jumbo | 1 | 0.6% | 100% | $1,095,000 | |
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A4.8 ★Texas Ratio: 2.45% |
Conventional, Jumbo | 1 | 0.6% | 100% | $1,255,000 | View |
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★ 5 stars, 1 review A+5.0 ★Texas Ratio: 1.21% |
Conventional, Jumbo | 1 | 0.6% | 100% | $1,055,000 | View |
Navy Federal Credit Union
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Conventional | 1 | 0.6% | 100% | $245,000 | |
Thrivent Bank
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Conventional | 1 | 0.6% | 100% | $35,000 | |
21St Mortgage
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Conventional | 1 | 0.6% | 100% | $105,000 | |
Tomo Mortgage LLC
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Conventional | 1 | 0.6% | 100% | $415,000 | |
Midwestone Bank
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HELOC | 0 +2 HELOCs |
0% | n/a | ||
Alliant Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
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A5.0 ★Texas Ratio: 6.31% |
HELOC | 0 +1 HELOCs |
0% | 100% | View | |
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★ 1.7 stars, 3 reviews A+5.0 ★Texas Ratio: 4.24% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +1 HELOCs |
0% | n/a | View |
Crosslake 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 Crosslake, Minnesota
Looking for mortgage lenders near me or mortgage brokers near me in Crosslake? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Crosslake in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Crosslake, MN
Use these to narrow the list above. Each category shows how many Crosslake, MN lenders fit and what that kind of lender is usually best for.
Who Lends in Crosslake, MN
Independent mortgage companies closed 35.1 percent of home loans in Crosslake, Minnesota in 2025, banks 52 percent and credit unions 12.9 percent. Servion was the largest mortgage company, Frandsen Bank & Trust the largest bank and Wings Financial Credit Union the largest credit union. Among lenders headquartered in Minnesota, Frandsen Bank & Trust led with 15 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 Crosslake, MN
By home loans closed in 2025, Frandsen Bank & Trust was the largest mortgage lender in Crosslake, Minnesota with 15 loans, about 8.8 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
5 lenders closed FHA loans in Crosslake, Minnesota in 2025, led by First Western Bank & Trust with 1. 10 lenders closed VA loans, led by United Wholesale Mortgage. 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. 38 banks and 16 credit unions closed home loans in Crosslake, Minnesota in 2025, alongside 29 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 Crosslake, 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 Crosslake, 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 Crosslake. 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.
