Mortgage Lenders and Brokers in Grand Rapids, 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
Grand Rapids, Minnesota mortgage lenders include Park State BankPark State Bank428 Nw 4th Ave, Grand Rapids, MN 55744A+5.0 ★Texas Ratio: 5.68%, Deerwood BankDeerwood Bank2950 S Highway 169, Grand Rapids, MN 55744A+5.0 ★Texas Ratio: 4.01%, US Bank, N.A.US Bank, N.A.1 Nw 5th St, Grand Rapids, MN 55744A+5.0 ★Texas Ratio: 2.85%, Northview BankNorthview Bank411 S Pokegama Ave, Grand Rapids, MN 55744A+5.0 ★Texas Ratio: 3.46%, Wells Fargo Bank NAWells Fargo Bank NA220 Nw 1st Ave, Grand Rapids, MN 55744A+5.0 ★Texas Ratio: 5.36%, Affinity Plus Federal Credit UnionAffinity Plus Federal Credit Union2120 SE 2nd Ave, Grand Rapids, MN 55744 4296A+5.0 ★Texas Ratio: 4.41%, North Shore Bank of CommerceNorth Shore Bank of Commerce4801 E Superior St, Duluth, MN 55804A+5.0 ★Texas Ratio: 1.35%, Members Cooperative Credit UnionMembers Cooperative Credit Union18 NW 4th St, Grand Rapids, MN 55744A5.0 ★Texas Ratio: 10.43%, Granite BankGranite Bank11660 Theatre Dr N, Champlin, MN 55316A5.0 ★Texas Ratio: 13.85%, and Wings Financial Credit UnionWings Financial Credit Union14985 Glazier Ave, Apple Valley, MN 55124. 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 Grand Rapids, Minnesota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Grand Rapids 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 Grand Rapids, Minnesota
Market share is the lender's share of all home loans closed in Grand Rapids, 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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2 offices in Grand Rapids 428 Nw 4th Ave, Grand Rapids, MN 55744 A+5.0 ★Texas Ratio: 5.68% |
Conventional, FHA | 13 | 5.6% | 100% | $195,000 | View |
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1 office in Grand Rapids 2950 S Highway 169, Grand Rapids, MN 55744 A+5.0 ★Texas Ratio: 4.01% |
Conventional, HELOC | 6 +7 HELOCs |
2.6% | 100% | $161,666 | View |
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1 office in Grand Rapids 1 Nw 5th St, Grand Rapids, MN 55744 A+5.0 ★Texas Ratio: 2.85% |
Conventional, HELOC | 5 +3 HELOCs |
2.2% | 71.4% | $195,000 | View |
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1 office in Grand Rapids 411 S Pokegama Ave, Grand Rapids, MN 55744 A+5.0 ★Texas Ratio: 3.46% |
Conventional | 2 | 0.9% | 50% | $150,000 | View |
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1 office in Grand Rapids 220 Nw 1st Ave, Grand Rapids, MN 55744 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 2 | 0.9% | 100% | $305,000 | View |
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2120 SE 2nd Ave, Grand Rapids, MN 55744 4296 A+5.0 ★Texas Ratio: 4.41% |
Conventional, VA, HELOC | 53 +14 HELOCs |
22.9% | 88.3% | $75,754 | View |
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4801 E Superior St, Duluth, MN 55804 A+5.0 ★Texas Ratio: 1.35% |
Conventional, FHA | 17 | 7.4% | 90% | $262,647 | View |
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18 NW 4th St, Grand Rapids, MN 55744 A5.0 ★Texas Ratio: 10.43% |
Conventional, HELOC | 9 +1 HELOCs |
3.9% | 90% | $90,555 | View |
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11660 Theatre Dr N, Champlin, MN 55316 A5.0 ★Texas Ratio: 13.85% |
Conventional, FHA, VA | 4 | 1.7% | 80% | $235,000 | View |
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14985 Glazier Ave, Apple Valley, MN 55124 |
Conventional | 2 | 0.9% | 100% | $220,000 | View |
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15103 Cedar Ave, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 1 | 0.4% | 100% | $175,000 | View |
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2104 London Rd, Duluth, MN 55812 A+5.0 ★Texas Ratio: 2.03% |
Conventional | 1 | 0.4% | 100% | $175,000 | View |
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900 American Blvd W, Bloomington, MN 55420 A5.0 ★Texas Ratio: 6.54% |
Conventional | 1 | 0.4% | 100% | $55,000 | View |
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2501 London Rd, Duluth, MN 55812 A+5.0 ★Texas Ratio: 3.95% |
Conventional | 1 | 0.4% | 100% | $95,000 | View |
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102 S Broadway, La Salle, MN 56056 A+5.0 ★Texas Ratio: 0.16% |
Conventional | 1 | 0.4% | 100% | $95,000 | View |
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10 Northtown Dr NE, Blaine, MN 55434 1033 A5.0 ★Texas Ratio: 6.19% |
Conventional | 1 | 0.4% | 100% | $175,000 | View |
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3225 Denmark Ave, Eagan, MN 55121 1382 A+5.0 ★Texas Ratio: 5.61% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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412 E Main St, Ada, MN 56510 A+5.0 ★Texas Ratio: 3.54% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Summit Mortgage Corporation
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Conventional | 4 | 1.7% | 100% | $90,000 | |
Servion
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VA | 1 | 0.4% | 100% | $235,000 | |
Miners NB of Eveleth
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Conventional | 1 | 0.4% | 100% | $145,000 | |
Cambria Financial Group
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Conventional | 1 | 0.4% | 100% | $235,000 | |
CrossCountry Mortgage, LLC
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Conventional, FHA, VA | 15 | 6.5% | 100% | $236,333 | |
Newrez LLC
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Conventional | 13 | 5.6% | 68.4% | $242,692 | |
Premier Mortgage Resources, LLC
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Conventional, VA, USDA | 10 | 4.3% | 100% | $223,000 | |
United Wholesale Mortgage
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Conventional, FHA, VA | 9 | 3.9% | 76.9% | $236,111 | |
Rocket Mortgage
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Conventional, FHA | 9 | 3.9% | 76.9% | $166,111 | |
Mortgage Research Center
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Conventional, FHA, VA | 6 | 2.6% | 85.7% | $238,333 | |
Guaranteed Rate, Inc.
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Conventional, FHA | 5 | 2.2% | 100% | $279,000 | |
Cardinal Financial Company, Li
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Conventional, FHA | 3 | 1.3% | 100% | $145,000 | |
Fairway Independent Mort Corp
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Conventional, VA | 3 | 1.3% | 100% | $138,333 | |
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D3.3 ★Texas Ratio: 35.11% |
Conventional | 2 | 0.9% | 100% | $150,000 | View |
Pennymac Loan Services LLC
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Conventional, VA | 2 | 0.9% | 66.7% | $390,000 | |
Synergy One Lending, Inc.
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Conventional | 2 | 0.9% | 100% | $95,000 | |
Union Home Mortgage Corp.
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Conventional | 2 | 0.9% | 100% | $180,000 | |
Freedom Mortgage Corporation
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VA | 1 | 0.4% | 50% | $285,000 | |
RANLife, Inc.
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VA | 1 | 0.4% | 100% | $225,000 | |
Everett Financial, Inc.
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Conventional | 1 | 0.4% | 100% | $195,000 | |
Sage Home Loans Corporation
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Conventional | 1 | 0.4% | 100% | $215,000 | |
Equity Prime Mortgage LLC
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FHA | 1 | 0.4% | 50% | $225,000 | |
loanDepot.com LLC
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Conventional | 1 | 0.4% | 100% | $55,000 | |
Loanunited.Com, LLC
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FHA | 1 | 0.4% | 100% | $455,000 | |
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A+5.0 ★Texas Ratio: 2.38% |
Conventional | 1 | 0.4% | 100% | $285,000 | View |
Guild Mortgage Company
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Conventional | 1 | 0.4% | 100% | $175,000 | |
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B-3.5 ★Texas Ratio: 6.80% |
Conventional | 1 | 0.4% | 100% | $155,000 | View |
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A+5.0 ★Texas Ratio: 0.22% |
Conventional | 1 | 0.4% | 100% | $215,000 | View |
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★ 1 stars, 1 review A+5.0 ★Texas Ratio: 2.87% |
Conventional | 1 | 0.4% | 100% | $145,000 | View |
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A+5.0 ★Texas Ratio: 2.53% |
Conventional | 1 | 0.4% | 50% | $215,000 | View |
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A+5.0 ★Texas Ratio: 2.20% |
VA | 1 | 0.4% | 100% | $225,000 | View |
Nationstar Mortgage
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Conventional | 1 | 0.4% | 100% | $45,000 | |
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A+5.0 ★Texas Ratio: 0.89% |
FHA | 1 | 0.4% | 100% | $205,000 | View |
Nations Direct Mortgage, LLC
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Conventional | 1 | 0.4% | 100% | $315,000 | |
Prosperity Home Mortgage, LLC
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FHA | 1 | 0.4% | 100% | $265,000 | |
Mutual of Omaha Mortgage
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Conventional | 1 | 0.4% | 100% | $305,000 | |
New American Funding, LLC.
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FHA | 1 | 0.4% | 33.3% | $125,000 | |
21St Mortgage
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Conventional | 1 | 0.4% | 100% | $45,000 | |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 1 | 0.4% | 100% | $195,000 | View |
Village Capital & Investment
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FHA | 1 | 0.4% | 100% | $145,000 | |
American Neighborhood Mortgage Acceptance Company
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FHA | 1 | 0.4% | 100% | $325,000 | |
Figure Lending LLC
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HELOC | 0 +2 HELOCs |
0% | n/a | ||
Superior Choice Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a |
Grand Rapids 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 Grand Rapids, Minnesota
Looking for mortgage lenders near me or mortgage brokers near me in Grand Rapids? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Grand Rapids in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Grand Rapids, MN
Use these to narrow the list above. Each category shows how many Grand Rapids, MN lenders fit and what that kind of lender is usually best for.
Who Lends in Grand Rapids, MN
Independent mortgage companies closed 43.7 percent of home loans in Grand Rapids, Minnesota in 2025, banks 26.4 percent and credit unions 29.9 percent. Summit Mortgage Corporation was the largest mortgage company, Park State Bank the largest bank and Affinity Plus Federal Credit Union the largest credit union. Among lenders headquartered in Minnesota, Park State Bank led with 13 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 Grand Rapids, MN
By home loans closed in 2025, Park State Bank was the largest mortgage lender in Grand Rapids, Minnesota with 13 loans, about 5.6 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Among lenders with meaningful volume in Grand Rapids, Minnesota, Affinity Plus Federal Credit Union approved the highest share of completed applications in 2025 at 88.3 percent, against a 87.3 percent average for all lenders. Approval share reflects the applicants a lender attracts as much as its underwriting, so compare it alongside loan programs and median loan size. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
16 lenders closed FHA loans in Grand Rapids, Minnesota in 2025, led by CrossCountry Mortgage, LLC with 6. 12 lenders closed VA loans, led by United Wholesale Mortgage, 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. 19 banks and 10 credit unions closed home loans in Grand Rapids, Minnesota in 2025, alongside 32 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 Grand Rapids, 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 Grand Rapids, 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 Grand Rapids. 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.
