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Mortgage Lenders and Brokers in Farmington, Minnesota

Content reviewed by

Brian McKay | iEditorial Disclosure | ✓Fact Checked | Loan Rates Last Updated and Verified: October 7, 2026

Farmington, Minnesota mortgage lenders include Old National BankOld National Bank324 Oak St, Farmington, MN 55024A+5.0 ★Texas Ratio: 4.98%, Minnwest BankMinnwest Bank3380 Vermillion River Trl, Farmington, MN 55024A+5.0 ★Texas Ratio: 5.77%, Premier Bank MinnesotaPremier Bank Minnesota316 Oak St, Farmington, MN 55024A+5.0 ★Texas Ratio: 0.36%, 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%, 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%, Wells Fargo Bank NAWells Fargo Bank NA122 E Main St, Albert Lea, MN 56007A+5.0 ★Texas Ratio: 5.36%, and Castle Rock BankCastle Rock Bank22140 Chippendale Ave W, Farmington, MN 55024A+5.0 ★Texas Ratio: 0.04%. 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 Farmington, Minnesota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Farmington 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 Farmington, Minnesota

Market share is the lender's share of all home loans closed in Farmington, 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
Old National Bank 1 office in Farmington 324 Oak St, Farmington, MN 55024 A+5.0 ★Texas Ratio: 4.98%	Conventional, HELOC	6 +3 HELOCs	0.9%	100%	$281,666	View
Minnwest Bank 1 office in Farmington 3380 Vermillion River Trl, Farmington, MN 55024 A+5.0 ★Texas Ratio: 5.77%	Conventional, HELOC	3 +5 HELOCs	0.4%	100%	$335,000	View
Premier Bank Minnesota 1 office in Farmington 316 Oak St, Farmington, MN 55024 A+5.0 ★Texas Ratio: 0.36%	Conventional	1	0.1%	100%	$165,000	View
Bell Bank 1001 Broadway St, Alexandria, MN 56308 A+5.0 ★Texas Ratio: 3.66%	Conventional, FHA, VA, HELOC	30 +2 HELOCs	4.3%	93.8%	$329,333	View
Trustone Financial Credit Union 2772 E 82nd St, Bloomington, MN 55425 1365 A+5.0 ★Texas Ratio: 4.56%	Conventional, FHA, HELOC	23 +20 HELOCs	3.3%	88.9%	$187,608	View
Affinity Plus Federal Credit Union 1719 W Main St, Albert Lea, MN 56007 4385 A+5.0 ★Texas Ratio: 4.41%	Conventional, HELOC	17 +9 HELOCs	2.4%	85%	$132,647	View
Wings Financial Credit Union 14985 Glazier Ave, Apple Valley, MN 55124	Conventional, HELOC	15 +45 HELOCs	2.1%	94.4%	$377,000	View
Luminate Bank 208 W Front St, Claremont, MN 55924 A5.0 ★Texas Ratio: 11.06%	Conventional, FHA, VA	14	2%	100%	$326,428	View
Wells Fargo Bank NA 122 E Main St, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 5.36%	Conventional, FHA	12	1.7%	92.3%	$229,166	View
Castle Rock Bank 22140 Chippendale Ave W, Farmington, MN 55024 A+5.0 ★Texas Ratio: 0.04%	Conventional, Jumbo	11	1.6%	100%	$240,454	View
US Bank, N.A. 331 S Broadway Ave, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 2.85%	Conventional, FHA, HELOC	10 +6 HELOCs	1.4%	58.8%	$206,000	View
Blaze Credit Union 10 Northtown Dr NE, Blaine, MN 55434 1033 A5.0 ★Texas Ratio: 6.19%	Conventional, HELOC	8 +1 HELOCs	1.1%	100%	$147,500	View
Granite Bank 11660 Theatre Dr N, Champlin, MN 55316 A5.0 ★Texas Ratio: 13.85%	Conventional, FHA	8	1.1%	100%	$342,500	View
Huntington National Bank 405 E Main St, Anoka, MN 55303 A+5.0 ★Texas Ratio: 3.66%	Conventional, FHA, HELOC	5 +3 HELOCs	0.7%	83.3%	$257,000	View
Think Mutual Bank 15751 Emperor Ave, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 0.90%	Conventional, HELOC	5 +2 HELOCs	0.7%	100%	$51,000	View
New Market Bank 101 Old Town Rd, Elko New Market, MN 55054 A+5.0 ★Texas Ratio: 0.00%	Conventional	5	0.7%	100%	$303,000	View
Highland Bank 11800 Aberdeen St Ne, Blaine, MN 55449 C+4.1 ★Texas Ratio: 26.29%	Conventional	4	0.6%	100%	$67,500	View
City & County Credit Union ★ 5 stars, 1 review 5941 94th Ave N, Brooklyn Park, MN 55443 A+5.0 ★Texas Ratio: 1.52%	Conventional	4	0.6%	100%	$60,000	View
Merchants Bank, National Association 7300 147th St W, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 3.28%	Conventional, HELOC	3 +4 HELOCs	0.4%	75%	$245,000	View
Vermillion State Bank 255 33rd St W, Hastings, MN 55033 A+5.0 ★Texas Ratio: 1.51%	Conventional	3	0.4%	100%	$281,666	View
Alerus Financial NA 143 W Clark St, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 3.32%	Conventional, HELOC	2 +2 HELOCs	0.3%	100%	$280,000	View
JPMorgan Chase Bank, NA 15103 Cedar Ave, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 3.68%	Conventional	2	0.3%	66.7%	$275,000	View
Associated Healthcare CU 4050 Coon Rapids Blvd NW, Coon Rapids, MN 55433 A+5.0 ★Texas Ratio: 3.27%	Conventional	2	0.3%	100%	$125,000	View
HomeTown Bank 1600 Monroe Drive, Carver, MN 55315 A+5.0 ★Texas Ratio: 3.53%	Conventional	2	0.3%	100%	$310,000	View
Sunrise Banks, N.A. 2100 Blaisdell Ave, Minneapolis, MN 55404 A5.0 ★Texas Ratio: 9.43%	Conventional	2	0.3%	100%	$280,000	View
Associated Bank NA 7760 France Ave S, Bloomington, MN 55435 A+5.0 ★Texas Ratio: 3.45%	Conventional, HELOC	1 +3 HELOCs	0.1%	100%	$305,000	View
BMO Harris Bank NA 412 E Main St, Ada, MN 56510 A+5.0 ★Texas Ratio: 3.54%	FHA, HELOC	1 +3 HELOCs	0.1%	50%	$345,000	View
Bank of America NA 7510 147th St W, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 4.14%	Conventional, HELOC	1 +2 HELOCs	0.1%	100%	$335,000	View
Topline Financial Credit Union 900 American Blvd W, Bloomington, MN 55420 A5.0 ★Texas Ratio: 6.54%	Conventional, HELOC	1 +1 HELOCs	0.1%	100%	$85,000	View
Deerwood Bank 14986 Lynwood Dr, Baxter, MN 56425 A+5.0 ★Texas Ratio: 4.01%	Conventional, HELOC	1 +1 HELOCs	0.1%	100%	$125,000	View
First State Bank of Le Center 239 Main St, Henderson, MN 56044 A+5.0 ★Texas Ratio: 5.25%	Conventional	1	0.1%	100%	$385,000	View
First Bank & Trust 234 1st Ave E, Cambridge, MN 55008 A+5.0 ★Texas Ratio: 3.79%	FHA	1	0.1%	100%	$115,000	View
First National Bank of Le Center 701 Ash St Ne, Lonsdale, MN 55046 A5.0 ★Texas Ratio: 13.86%	Conventional	1	0.1%	100%	$365,000	View
Mayo Employees Federal Credit Union 155 1st Ave SW, Rochester, MN 55902 A+5.0 ★Texas Ratio: 0.16%	Conventional	1	0.1%	100%	$45,000	View
Northview Bank 6340 Merchant St, Askov, MN 55704 A+5.0 ★Texas Ratio: 3.46%	Conventional	1	0.1%	100%	$215,000	View
Sharepoint Credit Union 13735 Round Lake Blvd NW, Andover, MN 55304 A+5.0 ★Texas Ratio: 5.40%	Conventional	1	0.1%	100%	$205,000	View
Luminate Home Loans, Inc. 208 W Front St, Claremont, MN 55924 A5.0 ★Texas Ratio: 11.06%	Conventional	1	0.1%	100%	$185,000	View
Premier Bank 1777 Bunker Lake Blvd Nw, Andover, MN 55304 A+5.0 ★Texas Ratio: 0.02%	Conventional	1	0.1%	100%	$375,000	View
Citizens Independent Bank 10901 Excelsior Blvd, Hopkins, MN 55343 A+5.0 ★Texas Ratio: 3.74%	Conventional	1	0.1%	100%	$215,000	View
SouthPoint Financial Credit Union 715 Crossroads Campus Dr NE, Buffalo, MN 55313 5074 A+5.0 ★Texas Ratio: 1.13%	Conventional	1	0.1%	100%	$385,000	View
My Credit Union 4025 W Old Shakopee Rd, Bloomington, MN 55437	Conventional	1	0.1%	100%	$215,000
Citizens Bank Minnesota 102 S Broadway, La Salle, MN 56056 A+5.0 ★Texas Ratio: 0.16%	Conventional	1	0.1%	100%	$385,000	View
Frandsen Bank & Trust 410 2nd St W, Ada, MN 56510 A+5.0 ★Texas Ratio: 5.91%	Conventional	1	0.1%	100%	$455,000	View
Expedition Credit Union 14989 Florence Trl, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 1.78%	HELOC	0 +1 HELOCs	0%	n/a		View
Heartland Credit Union 4001 Lexington Ave N, Arden Hills, MN 55126 A+5.0 ★Texas Ratio: 4.68%	HELOC	0 +1 HELOCs	0%	n/a		View
Cambria Financial Group	Conventional, FHA	10	1.4%	100%	$369,000
Tradition Mortgage, LLC	Conventional, FHA, VA	9	1.3%	100%	$350,555
Summit Mortgage Corporation	Conventional, VA	2	0.3%	100%	$290,000
Lennar Mortgage, LLC	Conventional, FHA, VA	44	6.3%	100%	$288,181
United Wholesale Mortgage	Conventional, FHA, VA, HELOC	38 +1 HELOCs	5.4%	88.6%	$339,473
Rocket Mortgage	Conventional, FHA, VA	37	5.3%	71.7%	$263,378
M/I Financial. LLC	Conventional, FHA, VA	28	4%	100%	$395,357
Fairway Independent Mort Corp	Conventional, FHA	20	2.9%	95.2%	$334,000
Prosperity Home Mortgage, LLC	Conventional, FHA, VA	19	2.7%	100%	$327,631
CrossCountry Mortgage, LLC	Conventional, FHA	18	2.6%	100%	$283,888
Pennymac Loan Services LLC	Conventional, FHA, VA	17	2.4%	85%	$357,941
DHI Mortgage Company, LTD.	Conventional, FHA, VA	15	2.1%	100%	$435,666
Royal Credit Union A+5.0 ★Texas Ratio: 3.17%	Conventional, FHA, VA, HELOC	14 +7 HELOCs	2%	87.5%	$273,571	View
loanDepot.com LLC	Conventional, FHA, VA	13	1.9%	72.2%	$247,307
Mortgage Research Center	VA	12	1.7%	92.3%	$350,000
Freedom Mortgage Corporation	FHA, VA	11	1.6%	100%	$335,909
Guaranteed Rate, Inc.	Conventional, FHA, VA	10	1.4%	90.9%	$296,000
Paramount Residential Mortgage	Conventional, FHA	9	1.3%	90%	$277,222
Newrez LLC	Conventional, FHA, VA	8	1.1%	81.8%	$310,000
Cmg Mortgage Inc	Conventional, HELOC	7 +1 HELOCs	1%	100%	$289,285
Mutual of Omaha Mortgage	Conventional, FHA, VA	7	1%	100%	$306,428
Guaranteed Rate Affinity, LLC	Conventional, FHA, VA	6	0.9%	100%	$331,666
Everett Financial, Inc.	Conventional, FHA, VA	6	0.9%	100%	$338,333
New American Funding, LLC.	Conventional, FHA	5	0.7%	100%	$263,000
Pulte Mortgage LLC	Conventional	5	0.7%	71.4%	$399,000
American Financial Resources LLC	Conventional, FHA	4	0.6%	100%	$325,000
Movement Mortgage, LLC	Conventional, FHA	4	0.6%	100%	$257,500
Home Mortgage Alliance Corp (Hmac)	Conventional, FHA	4	0.6%	100%	$327,500
Guild Mortgage Company	Conventional, VA	4	0.6%	100%	$320,000
Cardinal Financial Company, Li	Conventional, FHA	4	0.6%	100%	$212,500
Premier Lending Inc.	Conventional, FHA	4	0.6%	100%	$260,000
Nationstar Mortgage	Conventional	4	0.6%	66.7%	$220,000
Plaza Home Mortgage, Inc	Conventional, FHA	4	0.6%	100%	$282,500
Usaa Federal Savings Bank B-3.5 ★Texas Ratio: 6.80%	VA	3	0.4%	75%	$305,000	View
Megastar Finanacial Corp	Conventional	3	0.4%	100%	$388,333
Zillow Home Loans, LLC	Conventional, FHA	3	0.4%	75%	$351,666
Navy Federal Credit Union	Conventional, VA	3	0.4%	100%	$285,000
Carrington Mortgage Services LLC	Conventional, FHA, VA	3	0.4%	100%	$281,666
Plains Commerce Bank A5.0 ★Texas Ratio: 9.09%	Conventional	3	0.4%	100%	$418,333	View
American Neighborhood Mortgage Acceptance Company	Conventional, VA	3	0.4%	100%	$388,333
A&D Mortgage LLC A+5.0 ★Texas Ratio: 4.11%	Conventional	2	0.3%	100%	$335,000	View
Primelending	Conventional, FHA	2	0.3%	100%	$330,000
SWBC Mortgage Corporation	Conventional	2	0.3%	100%	$110,000
Lakeview Loan Servicing, LLC	FHA	2	0.3%	42.9%	$295,000
Equity Prime Mortgage LLC	FHA	2	0.3%	100%	$330,000
Guidance Residential, LLC	Conventional	2	0.3%	100%	$450,000
Resicentral LLC	Conventional, FHA	2	0.3%	100%	$285,000
Union Home Mortgage Corp.	Conventional, VA	2	0.3%	100%	$400,000
Lower, LLC	Conventional, VA	2	0.3%	66.7%	$285,000
Mld Mortgage, Inc.Dba the Money Store	Conventional, FHA	2	0.3%	100%	$320,000
Mason-McDuffie Mortgage Corporation	Conventional	2	0.3%	100%	$270,000
Genisys Credit Union	Conventional, HELOC	1 +1 HELOCs	0.1%	33.3%	$335,000
Goodleap, LLC	VA, HELOC	1 +1 HELOCs	0.1%	100%	$375,000
First International Bank & Trust	VA, HELOC	1 +1 HELOCs	0.1%	100%	$325,000
Veridian Credit Union C3.9 ★Texas Ratio: 27.97%	VA, HELOC	1 +1 HELOCs	0.1%	100%	$365,000	View
Consumer Real Estate Finance Co DBA Society Mortgage	Conventional	1	0.1%	100%	$515,000
Arbor Bank A5.0 ★Texas Ratio: 10.07%	Conventional	1	0.1%	100%	$395,000	View
Residential Wholesale Mortgage	Conventional	1	0.1%	100%	$345,000
Primary Residential Mortgage, INC.	FHA	1	0.1%	100%	$455,000
Kind Lending, LLC	FHA	1	0.1%	100%	$225,000
PHH Mortgage Corporation	Conventional	1	0.1%	100%	$435,000
Loanunited.Com, LLC	FHA	1	0.1%	100%	$295,000
Amerisave Mortgage Company	Conventional	1	0.1%	14.3%	$105,000
Synergy One Lending, Inc.	VA	1	0.1%	100%	$435,000
Discover Bank	Conventional	1	0.1%	50%	$125,000
Connexus Credit Union	Conventional	1	0.1%	100%	$35,000
Click n' Close, Inc.	FHA	1	0.1%	100%	$485,000
Citizens Equity First Credit U	Conventional	1	0.1%	100%	$215,000
Bay Equity LLC	FHA	1	0.1%	100%	$415,000
Midwestone Bank	Conventional	1	0.1%	100%	$285,000
Altra Federal Credit Union	Conventional	1	0.1%	100%	$35,000
Nations Lending Corporation	Conventional	1	0.1%	100%	$185,000
United Home Loans, Inc.	Conventional	1	0.1%	100%	$445,000
Fay Servicing LLC	Conventional	1	0.1%	100%	$165,000
American Pacific Mortgage Corporation	Conventional	1	0.1%	100%	$295,000
Barrington Bank & Trust Company, N.A. A+5.0 ★Texas Ratio: 2.20%	Conventional	1	0.1%	100%	$455,000	View
Cortrust Mortgage, Inc. A+5.0 ★Texas Ratio: 5.11%	Conventional	1	0.1%	100%	$275,000	View
Uif Corporation	Conventional	1	0.1%	50%	$465,000
Nexbank A-5.0 ★Texas Ratio: 14.93%	Conventional	1	0.1%	100%	$325,000	View
RoundPoint Mortgage Servicing LLC	Conventional	1	0.1%	100%	$385,000
Ixonia Bank A+5.0 ★Texas Ratio: 2.14%	FHA	1	0.1%	100%	$195,000	View
Truist Bank ★ 1 stars, 1 review A+5.0 ★Texas Ratio: 2.87%	Conventional	1	0.1%	50%	$385,000	View
First Community Credit Union	Conventional	1	0.1%	100%	$355,000
Spring Eq, LLC	Conventional	1	0.1%	25%	$65,000
Ark-La-Tex Financial Services LLC	FHA	1	0.1%	100%	$285,000
Top Flite Financial, Inc.	FHA	1	0.1%	50%	$285,000
Citibank, NA A+5.0 ★Texas Ratio: 2.82%	Conventional	1	0.1%	100%	$465,000	View
Ameris Bank ★ 4 stars, 1 review A+5.0 ★Texas Ratio: 1.82%	Conventional	1	0.1%	100%	$395,000	View
Village Capital & Investment	VA	1	0.1%	50%	$415,000
Figure Lending LLC	HELOC	0 +4 HELOCs	0%	n/a
Coastal Community Bank B4.5 ★Texas Ratio: 20.96%	HELOC	0 +3 HELOCs	0%	n/a		View
Service Federal Credit Union	HELOC	0 +1 HELOCs	0%	n/a

Lender counts and market shares come from 2025 federal HMDA loan data, the public record of mortgage applications and closings. Health grades: MonitorBankRates, rates as of Oct 7, 2026.

Farmington Mortgage Rate Trends

Daily average mortgage rates for Minnesota compared with the national average, updated every evening.

30-Year Fixed MN Avg

7.512%

▲ 0.089 vs 7 days ago

15-Year Fixed MN Avg

6.996%

▲ 0.059 vs 7 days ago

Mortgage Lenders and Mortgage Brokers Near Me in Farmington, Minnesota

Looking for mortgage lenders near me or mortgage brokers near me in Farmington? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Farmington in 2025, with lenders based there listed first.

Types of Mortgage Lenders in Farmington, MN

Use these to narrow the list above. Each category shows how many Farmington, MN lenders fit and what that kind of lender is usually best for.

Mortgage companies and brokers 68 lenders. Nonbank lenders and brokers that shop several wholesale lenders; often the fastest closings Banks 47 lenders. Local and national banks with branches, portfolio and jumbo loans, and an MBR health grade Credit unions 22 lenders. Member owned, often lower fees and flexible underwriting for members FHA lenders 51 lenders. 3.5 percent down and credit scores into the 500s; the usual route for bad credit or low down payment buyers VA lenders 32 lenders. No down payment and no mortgage insurance for eligible veterans and service members Jumbo lenders 1 lenders. Loans above the conforming limit for higher priced homes Local lenders based in MN 37 lenders headquartered in Minnesota, the closest thing to a mortgage lender near you

Who Lends in Farmington, MN

Independent mortgage companies closed 63.2 percent of home loans in Farmington, Minnesota in 2025, banks 22.9 percent and credit unions 13.9 percent. Luminate Home Loans, Inc. was the largest mortgage company, Old National Bank the largest bank and Trustone Financial Credit Union the largest credit union. Among lenders headquartered in Minnesota, Minnwest Bank led with 3 loans.

63.2%

Mortgage companies

22.9%

Banks

13.9%

Credit unions

16%

FHA loans

12%

VA 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

All Minnesota lenders 711 lenders Minneapolis 297 lenders St. Paul 252 lenders Rochester 198 lenders Lakeville 187 lenders Woodbury 186 lenders Maple Grove 180 lenders Duluth 168 lenders Blaine 180 lenders Plymouth 187 lenders Bloomington 163 lenders St. Cloud 152 lenders Brooklyn Park 153 lenders

Frequently Asked Questions About Mortgage Lenders in Farmington, MN

Who is the largest mortgage lender in Farmington, MN?

By home loans closed in 2025, Old National Bank was the largest mortgage lender in Farmington, Minnesota with 6 loans, about 0.9 percent of the market. The largest lender headquartered in Minnesota was Minnwest Bank with 3 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.

Which Farmington, MN mortgage lenders offer FHA, VA and USDA loans?

51 lenders closed FHA loans in Farmington, Minnesota in 2025, led by M/I Financial. LLC with 10. 32 lenders closed VA loans, led by Mortgage Research Center. 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.

Are credit unions and local banks included in this Farmington, MN lender list?

Yes. 47 banks and 22 credit unions closed home loans in Farmington, Minnesota in 2025, alongside 68 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.

How are mortgage lenders in Farmington, MN ranked on this page?

Lenders are ranked only by the number of home loans they closed in Farmington, 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 Farmington, 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 Farmington. 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.