Mortgage Lenders and Brokers in Excelsior, 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
Excelsior, Minnesota mortgage lenders include US Bank, N.A.US Bank, N.A.494 Water St, Excelsior, MN 55331A+5.0 ★Texas Ratio: 2.85%, Huntington National BankHuntington National Bank435 Water St, Excelsior, MN 55331A+5.0 ★Texas Ratio: 3.66%, Wells Fargo Bank NAWells Fargo Bank NA411 Water St, Excelsior, MN 55331A+5.0 ★Texas Ratio: 5.36%, Alerus Financial NAAlerus Financial NA409 2nd St, Excelsior, MN 55331A+5.0 ★Texas Ratio: 3.32%, 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%, Bridgewater BankBridgewater Bank7831 E Bush Lake Rd, Edina, MN 55439A+5.0 ★Texas Ratio: 3.43%, Wings Financial Credit UnionWings Financial Credit Union14985 Glazier Ave, Apple Valley, MN 55124, Frandsen Bank & TrustFrandsen Bank & Trust410 2nd St W, Ada, MN 56510A+5.0 ★Texas Ratio: 5.91%, 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 Excelsior, Minnesota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Excelsior 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 Excelsior, Minnesota
Market share is the lender's share of all home loans closed in Excelsior, 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 Excelsior 494 Water St, Excelsior, MN 55331 A+5.0 ★Texas Ratio: 2.85% |
Conventional, Jumbo, HELOC | 4 +2 HELOCs |
5.6% | 100% | $855,000 | View |
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1 office in Excelsior 435 Water St, Excelsior, MN 55331 A+5.0 ★Texas Ratio: 3.66% |
Conventional | 2 | 2.8% | 66.7% | $695,000 | View |
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1 office in Excelsior 411 Water St, Excelsior, MN 55331 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 2 | 2.8% | 100% | $510,000 | View |
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1 office in Excelsior 409 2nd St, Excelsior, MN 55331 A+5.0 ★Texas Ratio: 3.32% |
HELOC | 0 +3 HELOCs |
0% | 0% | View | |
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1001 Broadway St, Alexandria, MN 56308 A+5.0 ★Texas Ratio: 3.66% |
Conventional, Jumbo, HELOC | 8 +3 HELOCs |
11.3% | 100% | $1,147,500 | View |
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2772 E 82nd St, Bloomington, MN 55425 1365 A+5.0 ★Texas Ratio: 4.56% |
Conventional | 3 | 4.2% | 100% | $301,666 | View |
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7831 E Bush Lake Rd, Edina, MN 55439 A+5.0 ★Texas Ratio: 3.43% |
Conventional, Jumbo | 3 | 4.2% | 100% | $748,333 | View |
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14985 Glazier Ave, Apple Valley, MN 55124 |
Conventional, Jumbo, HELOC | 2 +2 HELOCs |
2.8% | 100% | $1,030,000 | View |
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410 2nd St W, Ada, MN 56510 A+5.0 ★Texas Ratio: 5.91% |
Conventional, Jumbo | 2 | 2.8% | 100% | $1,005,000 | View |
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1719 W Main St, Albert Lea, MN 56007 4385 A+5.0 ★Texas Ratio: 4.41% |
Conventional, HELOC | 1 +2 HELOCs |
1.4% | 100% | $175,000 | View |
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1420 White Oak Dr, Chaska, MN 55318 A5.0 ★Texas Ratio: 11.00% |
Conventional | 1 | 1.4% | 100% | $605,000 | View |
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11660 Theatre Dr N, Champlin, MN 55316 A5.0 ★Texas Ratio: 13.85% |
Conventional | 1 | 1.4% | 100% | $805,000 | View |
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45 Hassan St SE, Hutchinson, MN 55350 A+5.0 ★Texas Ratio: 4.19% |
Conventional | 1 | 1.4% | 100% | $275,000 | View |
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14800 Galaxie Ave Ste 105, Apple Valley, MN 55124 C+4.1 ★Texas Ratio: 25.60% |
Conventional | 1 | 1.4% | 100% | $595,000 | View |
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1600 Monroe Drive, Carver, MN 55315 A+5.0 ★Texas Ratio: 3.53% |
Conventional | 1 | 1.4% | 100% | $805,000 | View |
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113 N Main St, Belview, MN 56214 A+5.0 ★Texas Ratio: 5.77% |
Conventional, Jumbo | 1 | 1.4% | 100% | $1,215,000 | View |
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11800 Aberdeen St Ne, Blaine, MN 55449 C+4.1 ★Texas Ratio: 26.29% |
Conventional | 1 | 1.4% | 100% | $155,000 | View |
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2850 Cutters Grove Ave, Anoka, MN 55303 A+5.0 ★Texas Ratio: 5.11% |
Conventional | 1 | 1.4% | 50% | $385,000 | View |
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4470 W 78th Street Cir, Bloomington, MN 55435 A+5.0 ★Texas Ratio: 2.70% |
Conventional, Jumbo | 1 | 1.4% | 100% | $2,505,000 | View |
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412 E Main St, Ada, MN 56510 A+5.0 ★Texas Ratio: 3.54% |
Conventional, Jumbo | 1 | 1.4% | 100% | $4,005,000 | View |
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1121 W Highway 10, Anoka, MN 55303 A+5.0 ★Texas Ratio: 4.65% |
Conventional, Jumbo | 1 | 1.4% | 100% | $1,335,000 | View |
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7701 France Ave S, Edina, MN 55435 A+5.0 ★Texas Ratio: 1.78% |
Conventional, Jumbo | 1 | 1.4% | 100% | $2,645,000 | View |
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101 Minnesota Ave N, Aitkin, MN 56431 A+5.0 ★Texas Ratio: 4.98% |
HELOC | 0 +4 HELOCs |
0% | n/a | View | |
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234 1st Ave E, Cambridge, MN 55008 A+5.0 ★Texas Ratio: 3.79% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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14986 Lynwood Dr, Baxter, MN 56425 A+5.0 ★Texas Ratio: 4.01% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Tradition Mortgage, LLC
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Conventional, Jumbo | 5 | 7% | 100% | $623,000 | |
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A4.8 ★Texas Ratio: 2.45% |
Conventional, Jumbo, HELOC | 3 +1 HELOCs |
4.2% | 100% | $568,333 | View |
Rocket Mortgage
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Conventional | 3 | 4.2% | 100% | $641,666 | |
CrossCountry Mortgage, LLC
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Conventional, FHA | 3 | 4.2% | 100% | $418,333 | |
Newrez LLC
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Conventional | 2 | 2.8% | 66.7% | $300,000 | |
Pennymac Loan Services LLC
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Conventional, Jumbo | 2 | 2.8% | 66.7% | $2,635,000 | |
New American Funding, LLC.
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Conventional | 2 | 2.8% | 100% | $635,000 | |
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A+5.0 ★Texas Ratio: 3.17% |
Conventional, Jumbo, HELOC | 1 +1 HELOCs |
1.4% | 100% | $1,945,000 | View |
Guaranteed Rate Affinity, LLC
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Conventional | 1 | 1.4% | 100% | $755,000 | |
United Wholesale Mortgage
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Conventional | 1 | 1.4% | 100% | $345,000 | |
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A+5.0 ★Texas Ratio: 0.14% |
Conventional, Jumbo | 1 | 1.4% | 100% | $1,225,000 | View |
loanDepot.com LLC
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Conventional | 1 | 1.4% | 50% | $725,000 | |
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A+5.0 ★Texas Ratio: 5.29% |
Conventional, Jumbo | 1 | 1.4% | 100% | $965,000 | View |
Guild Mortgage Company
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Conventional, Jumbo | 1 | 1.4% | 100% | $1,695,000 | |
American Financing Corporation
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Conventional | 1 | 1.4% | 100% | $145,000 | |
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A+5.0 ★Texas Ratio: 3.68% |
Conventional, Jumbo | 1 | 1.4% | 50% | $2,155,000 | View |
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A-4.8 ★Texas Ratio: 12.33% |
Conventional | 1 | 1.4% | 100% | $645,000 | View |
Megastar Finanacial Corp
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Conventional, Jumbo | 1 | 1.4% | 100% | $835,000 | |
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★ 5 stars, 1 review A+5.0 ★Texas Ratio: 1.21% |
Conventional, Jumbo | 1 | 1.4% | 100% | $1,505,000 | View |
American Airlines Federal Cred
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
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A+5.0 ★Texas Ratio: 2.32% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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A5.0 ★Texas Ratio: 8.08% |
HELOC | 0 +1 HELOCs |
0% | n/a | View |
Excelsior 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 Excelsior, Minnesota
Looking for mortgage lenders near me or mortgage brokers near me in Excelsior? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Excelsior in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Excelsior, MN
Use these to narrow the list above. Each category shows how many Excelsior, MN lenders fit and what that kind of lender is usually best for.
Who Lends in Excelsior, MN
Independent mortgage companies closed 33.8 percent of home loans in Excelsior, Minnesota in 2025, banks 54.9 percent and credit unions 11.3 percent. Tradition Mortgage, LLC was the largest mortgage company, US Bank, N.A. the largest bank and Trustone Financial Credit Union the largest credit union. Among lenders headquartered in Minnesota, Wells Fargo Bank NA led with 2 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 Excelsior, MN
By home loans closed in 2025, US Bank, N.A. was the largest mortgage lender in Excelsior, Minnesota with 4 loans, about 5.6 percent of the market. The largest lender headquartered in Minnesota was Wells Fargo Bank NA with 2 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
1 lenders closed FHA loans in Excelsior, Minnesota in 2025, led by CrossCountry Mortgage, LLC with 1. 0 lenders closed VA 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. 28 banks and 6 credit unions closed home loans in Excelsior, Minnesota in 2025, alongside 13 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 Excelsior, 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 Excelsior, 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 Excelsior. 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.
