Mortgage Lenders and Brokers in Delano, Minnesota
Brian McKay
|
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.
|
✓Fact Checked
|
Loan Rates Last Updated and Verified: October 7, 2026
Delano, Minnesota mortgage lenders include Cortrust BankCortrust Bank1300 Babcock Blvd E, Delano, MN 55328A+5.0 ★Texas Ratio: 5.11%, 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%, Wells Fargo Bank NAWells Fargo Bank NA122 E Main St, Albert Lea, MN 56007A+5.0 ★Texas Ratio: 5.36%, Wings Financial Credit UnionWings Financial Credit Union14985 Glazier Ave, Apple Valley, MN 55124, Luminate BankLuminate Bank208 W Front St, Claremont, MN 55924A5.0 ★Texas Ratio: 11.06%, City & County Credit UnionCity & County Credit Union5941 94th Ave N, Brooklyn Park, MN 55443A+5.0 ★Texas Ratio: 1.52%, Blaze Credit UnionBlaze Credit Union10 Northtown Dr NE, Blaine, MN 55434 1033A5.0 ★Texas Ratio: 6.19%, Alerus Financial NAAlerus Financial NA143 W Clark St, Albert Lea, MN 56007A+5.0 ★Texas Ratio: 3.32%, and Affinity Plus Federal Credit UnionAffinity Plus Federal Credit Union1719 W Main St, Albert Lea, MN 56007 4385A+5.0 ★Texas Ratio: 4.41%. 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 Delano, Minnesota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Delano 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 Delano, Minnesota
Market share is the lender's share of all home loans closed in Delano, 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 |
|---|---|---|---|---|---|---|
|
1 office in Delano 1300 Babcock Blvd E, Delano, MN 55328 A+5.0 ★Texas Ratio: 5.11% |
Conventional | 15 | 4.8% | 100% | $109,000 | View |
|
1001 Broadway St, Alexandria, MN 56308 A+5.0 ★Texas Ratio: 3.66% |
Conventional, VA, HELOC | 20 +4 HELOCs |
6.4% | 95.2% | $400,000 | View |
|
2772 E 82nd St, Bloomington, MN 55425 1365 A+5.0 ★Texas Ratio: 4.56% |
Conventional, FHA, HELOC | 9 +8 HELOCs |
2.9% | 90% | $219,444 | View |
|
122 E Main St, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 5 | 1.6% | 100% | $341,000 | View |
|
14985 Glazier Ave, Apple Valley, MN 55124 |
Conventional, HELOC | 4 +4 HELOCs |
1.3% | 100% | $220,000 | View |
|
208 W Front St, Claremont, MN 55924 A5.0 ★Texas Ratio: 11.06% |
Conventional, Jumbo | 4 | 1.3% | 100% | $420,000 | View |
|
★ 5 stars, 1 review 5941 94th Ave N, Brooklyn Park, MN 55443 A+5.0 ★Texas Ratio: 1.52% |
Conventional | 4 | 1.3% | 100% | $325,000 | View |
|
10 Northtown Dr NE, Blaine, MN 55434 1033 A5.0 ★Texas Ratio: 6.19% |
Conventional | 4 | 1.3% | 100% | $67,500 | View |
|
143 W Clark St, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 3.32% |
Conventional, VA, HELOC | 3 +2 HELOCs |
1% | 100% | $385,000 | View |
|
1719 W Main St, Albert Lea, MN 56007 4385 A+5.0 ★Texas Ratio: 4.41% |
Conventional, HELOC | 3 +1 HELOCs |
1% | 100% | $85,000 | View |
|
101 Minnesota Ave N, Aitkin, MN 56431 A+5.0 ★Texas Ratio: 4.98% |
Conventional | 3 | 1% | 100% | $195,000 | View |
|
331 S Broadway Ave, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 2.85% |
Conventional, HELOC | 2 +8 HELOCs |
0.6% | 100% | $165,000 | View |
|
15751 Emperor Ave, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 0.90% |
Conventional | 2 | 0.6% | 100% | $180,000 | View |
|
55 1st St Nw, Clara City, MN 56222 A5.0 ★Texas Ratio: 10.53% |
Conventional | 2 | 0.6% | 100% | $345,000 | View |
|
405 E Main St, Anoka, MN 55303 A+5.0 ★Texas Ratio: 3.66% |
Conventional, HELOC | 1 +2 HELOCs |
0.3% | 100% | $545,000 | View |
|
7510 147th St W, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 4.14% |
Conventional, HELOC | 1 +2 HELOCs |
0.3% | 100% | $255,000 | View |
|
412 E Main St, Ada, MN 56510 A+5.0 ★Texas Ratio: 3.54% |
Conventional, HELOC | 1 +1 HELOCs |
0.3% | 100% | $115,000 | View |
|
7300 147th St W, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 3.28% |
Conventional | 1 | 0.3% | 100% | $805,000 | View |
|
13735 Round Lake Blvd NW, Andover, MN 55304 A+5.0 ★Texas Ratio: 5.40% |
Conventional | 1 | 0.3% | 100% | $75,000 | View |
|
14800 Galaxie Ave Ste 105, Apple Valley, MN 55124 C+4.1 ★Texas Ratio: 25.60% |
Conventional | 1 | 0.3% | 100% | $185,000 | View |
|
12500 Sherburne Avenue, Becker, MN 55308 A+5.0 ★Texas Ratio: 0.20% |
Conventional | 1 | 0.3% | 100% | $245,000 | View |
|
1600 Monroe Drive, Carver, MN 55315 A+5.0 ★Texas Ratio: 3.53% |
Conventional | 1 | 0.3% | 100% | $205,000 | View |
|
455 Pond Promenade, Chanhassen, MN 55317 A+5.0 ★Texas Ratio: 2.28% |
Conventional | 1 | 0.3% | 100% | $345,000 | View |
|
11800 Aberdeen St Ne, Blaine, MN 55449 C+4.1 ★Texas Ratio: 26.29% |
Conventional | 1 | 0.3% | 50% | $105,000 | View |
|
14986 Lynwood Dr, Baxter, MN 56425 A+5.0 ★Texas Ratio: 4.01% |
HELOC | 0 +3 HELOCs |
0% | n/a | View | |
|
900 American Blvd W, Bloomington, MN 55420 A5.0 ★Texas Ratio: 6.54% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Tradition Mortgage, LLC
|
Conventional, FHA | 10 | 3.2% | 100% | $368,000 | |
Bremer Bank NA
|
Conventional | 2 | 0.6% | 100% | $365,000 | |
Servion
|
Conventional | 2 | 0.6% | 100% | $485,000 | |
Cambria Financial Group
|
Conventional | 1 | 0.3% | 50% | $365,000 | |
Summit Mortgage Corporation
|
Conventional | 1 | 0.3% | 100% | $205,000 | |
DHI Mortgage Company, LTD.
|
Conventional, FHA, VA | 25 | 8% | 96.4% | $366,600 | |
Lennar Mortgage, LLC
|
Conventional, FHA, VA | 23 | 7.3% | 95.8% | $410,652 | |
Newrez LLC
|
Conventional, FHA | 18 | 5.7% | 94.7% | $367,222 | |
M/I Financial. LLC
|
Conventional, FHA | 16 | 5.1% | 95.2% | $500,625 | |
Rocket Mortgage
|
Conventional, VA | 10 | 3.2% | 71.4% | $359,000 | |
United Wholesale Mortgage
|
Conventional, FHA, VA | 9 | 2.9% | 81.8% | $367,222 | |
CrossCountry Mortgage, LLC
|
Conventional, FHA | 9 | 2.9% | 100% | $359,444 | |
New American Funding, LLC.
|
Conventional, FHA, VA, Jumbo | 9 | 2.9% | 100% | $448,333 | |
Fairway Independent Mort Corp
|
Conventional, VA | 6 | 1.9% | 100% | $356,666 | |
Freedom Mortgage Corporation
|
FHA, VA | 5 | 1.6% | 100% | $423,000 | |
Prosperity Home Mortgage, LLC
|
Conventional, FHA | 5 | 1.6% | 100% | $273,000 | |
Guaranteed Rate Affinity, LLC
|
Conventional | 4 | 1.3% | 100% | $325,000 | |
Everett Financial, Inc.
|
Conventional, FHA | 4 | 1.3% | 100% | $367,500 | |
Pennymac Loan Services LLC
|
Conventional, FHA | 4 | 1.3% | 80% | $542,500 | |
Sfmc, LP
|
Conventional, FHA | 4 | 1.3% | 100% | $395,000 | |
Nationstar Mortgage
|
Conventional, FHA | 4 | 1.3% | 100% | $245,000 | |
|
A+5.0 ★Texas Ratio: 5.11% |
Conventional, VA | 4 | 1.3% | 100% | $285,000 | View |
|
A5.0 ★Texas Ratio: 7.43% |
Conventional | 4 | 1.3% | 100% | $372,500 | View |
|
A+5.0 ★Texas Ratio: 3.17% |
Conventional, Jumbo, HELOC | 3 +2 HELOCs |
1% | 100% | $505,000 | View |
loanDepot.com LLC
|
Conventional, FHA | 3 | 1% | 100% | $348,333 | |
Mutual of Omaha Mortgage
|
Conventional | 3 | 1% | 100% | $428,333 | |
Resicentral LLC
|
Conventional | 2 | 0.6% | 100% | $285,000 | |
Iowa Bankers Mortgage Corporation
|
Conventional | 2 | 0.6% | 100% | $185,000 | |
Mortgage Research Center
|
VA, Jumbo | 2 | 0.6% | 100% | $675,000 | |
Paramount Residential Mortgage
|
FHA, USDA | 2 | 0.6% | 100% | $405,000 | |
Connexus Credit Union
|
Conventional, HELOC | 1 +1 HELOCs |
0.3% | 100% | $155,000 | |
The Loan Store, Inc
|
Conventional, HELOC | 1 +1 HELOCs |
0.3% | 100% | $105,000 | |
|
A+5.0 ★Texas Ratio: 4.11% |
Conventional | 1 | 0.3% | 100% | $365,000 | View |
Guaranteed Rate, Inc.
|
Conventional | 1 | 0.3% | 100% | $805,000 | |
Contour Mortgage Corporation
|
FHA | 1 | 0.3% | 100% | $325,000 | |
Go Mortgage, LLC
|
Conventional | 1 | 0.3% | 100% | $335,000 | |
|
D3.3 ★Texas Ratio: 35.11% |
Conventional | 1 | 0.3% | 50% | $425,000 | View |
Guild Mortgage Company
|
Conventional | 1 | 0.3% | 100% | $375,000 | |
Homestead Funding Corp.
|
Conventional | 1 | 0.3% | 100% | $375,000 | |
Discover Bank
|
Conventional | 1 | 0.3% | 50% | $105,000 | |
Royal Pacific Funding
|
FHA | 1 | 0.3% | 100% | $335,000 | |
|
A+5.0 ★Texas Ratio: 3.87% |
Conventional | 1 | 0.3% | 100% | $355,000 | View |
Union Home Mortgage Corp.
|
Conventional | 1 | 0.3% | 100% | $415,000 | |
|
B-3.5 ★Texas Ratio: 6.80% |
Conventional | 1 | 0.3% | 100% | $205,000 | View |
|
A-4.8 ★Texas Ratio: 12.33% |
Conventional | 1 | 0.3% | 100% | $785,000 | View |
Nations Direct Mortgage, LLC
|
Conventional | 1 | 0.3% | 100% | $415,000 | |
Lower, LLC
|
Conventional | 1 | 0.3% | 100% | $425,000 | |
|
A+5.0 ★Texas Ratio: 2.14% |
Conventional | 1 | 0.3% | 100% | $305,000 | View |
Navy Federal Credit Union
|
VA | 1 | 0.3% | 100% | $335,000 | |
|
A+5.0 ★Texas Ratio: 0.51% |
Conventional | 1 | 0.3% | 100% | $55,000 | View |
|
A5.0 ★Texas Ratio: 9.09% |
Conventional | 1 | 0.3% | 100% | $665,000 | View |
Geneva Financial LLC
|
FHA | 1 | 0.3% | 100% | $515,000 | |
Plaza Home Mortgage, Inc
|
Conventional | 1 | 0.3% | 100% | $155,000 | |
Ark-La-Tex Financial Services LLC
|
FHA | 1 | 0.3% | 100% | $395,000 | |
Top Flite Financial, Inc.
|
FHA | 1 | 0.3% | 100% | $135,000 | |
|
A+5.0 ★Texas Ratio: 3.28% |
Conventional, Jumbo | 1 | 0.3% | 100% | $1,105,000 | View |
|
★ 4 stars, 1 review A+5.0 ★Texas Ratio: 1.82% |
VA | 1 | 0.3% | 100% | $415,000 | View |
American Neighborhood Mortgage Acceptance Company
|
Conventional | 1 | 0.3% | 100% | $375,000 | |
|
B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
|
C3.9 ★Texas Ratio: 27.97% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
Quorum Federal Credit Union
|
HELOC | 0 +1 HELOCs |
0% | n/a | ||
Lafayette Federal Credit Union
|
HELOC | 0 +1 HELOCs |
0% | n/a |
Delano 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 Delano, Minnesota
Looking for mortgage lenders near me or mortgage brokers near me in Delano? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Delano in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Delano, MN
Use these to narrow the list above. Each category shows how many Delano, MN lenders fit and what that kind of lender is usually best for.
Who Lends in Delano, MN
Independent mortgage companies closed 63.4 percent of home loans in Delano, Minnesota in 2025, banks 27.1 percent and credit unions 9.6 percent. Tradition Mortgage, LLC was the largest mortgage company, Cortrust Bank the largest bank and Trustone Financial Credit Union the largest credit union. Among lenders headquartered in Minnesota, Trustone Financial Credit Union 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 Delano, MN
By home loans closed in 2025, Cortrust Bank was the largest mortgage lender in Delano, Minnesota with 15 loans, about 4.8 percent of the market. The largest lender headquartered in Minnesota was Trustone Financial Credit Union with 9 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
22 lenders closed FHA loans in Delano, Minnesota in 2025, led by DHI Mortgage Company, LTD. with 3. 13 lenders closed VA loans, led by DHI Mortgage Company, LTD., 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. 33 banks and 13 credit unions closed home loans in Delano, Minnesota in 2025, alongside 42 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 Delano, 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 Delano, 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 Delano. 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.
