Mortgage Lenders and Brokers in Lonsdale, 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
Lonsdale, Minnesota mortgage lenders include Frandsen Bank & TrustFrandsen Bank & Trust116 Central St W, Lonsdale, MN 55046A+5.0 ★Texas Ratio: 5.91%, 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%, Affinity Plus Federal Credit UnionAffinity Plus Federal Credit Union1719 W Main St, Albert Lea, MN 56007 4385A+5.0 ★Texas Ratio: 4.41%, Bell BankBell Bank1001 Broadway St, Alexandria, MN 56308A+5.0 ★Texas Ratio: 3.66%, First National Bank of Le CenterFirst National Bank of Le Center701 Ash St Ne, Lonsdale, MN 55046A5.0 ★Texas Ratio: 13.86%, Granite BankGranite Bank11660 Theatre Dr N, Champlin, MN 55316A5.0 ★Texas Ratio: 13.85%, Community Resource BankCommunity Resource Bank1230 4th St S, Cannon Falls, MN 55009A5.0 ★Texas Ratio: 7.12%, Merchants Bank, National AssociationMerchants Bank, National Association7300 147th St W, Apple Valley, MN 55124A+5.0 ★Texas Ratio: 3.28%, and Huntington National BankHuntington National Bank405 E Main St, Anoka, MN 55303A+5.0 ★Texas Ratio: 3.66%. 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 Lonsdale, Minnesota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Lonsdale 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 Lonsdale, Minnesota
Market share is the lender's share of all home loans closed in Lonsdale, 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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116 Central St W, Lonsdale, MN 55046 A+5.0 ★Texas Ratio: 5.91% |
Conventional | 18 | 9.3% | 94.7% | $120,555 | View |
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2772 E 82nd St, Bloomington, MN 55425 1365 A+5.0 ★Texas Ratio: 4.56% |
Conventional, HELOC | 11 +4 HELOCs |
5.7% | 84.6% | $134,090 | View |
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122 E Main St, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 8 | 4.1% | 100% | $230,000 | View |
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1719 W Main St, Albert Lea, MN 56007 4385 A+5.0 ★Texas Ratio: 4.41% |
Conventional, HELOC | 7 +1 HELOCs |
3.6% | 77.8% | $82,142 | View |
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1001 Broadway St, Alexandria, MN 56308 A+5.0 ★Texas Ratio: 3.66% |
Conventional, FHA | 6 | 3.1% | 100% | $253,333 | View |
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701 Ash St Ne, Lonsdale, MN 55046 A5.0 ★Texas Ratio: 13.86% |
Conventional | 3 | 1.6% | 100% | $225,000 | View |
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11660 Theatre Dr N, Champlin, MN 55316 A5.0 ★Texas Ratio: 13.85% |
Conventional, VA | 3 | 1.6% | 100% | $328,333 | View |
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1230 4th St S, Cannon Falls, MN 55009 A5.0 ★Texas Ratio: 7.12% |
Conventional | 3 | 1.6% | 100% | $165,000 | View |
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7300 147th St W, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 3.28% |
Conventional, HELOC | 2 +3 HELOCs |
1% | 100% | $495,000 | View |
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405 E Main St, Anoka, MN 55303 A+5.0 ★Texas Ratio: 3.66% |
Conventional, HELOC | 2 +2 HELOCs |
1% | 66.7% | $125,000 | View |
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10 Northtown Dr NE, Blaine, MN 55434 1033 A5.0 ★Texas Ratio: 6.19% |
Conventional, HELOC | 2 +2 HELOCs |
1% | 100% | $65,000 | View |
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4001 Lexington Ave N, Arden Hills, MN 55126 A+5.0 ★Texas Ratio: 4.68% |
Conventional | 2 | 1% | 100% | $40,000 | View |
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101 Old Town Rd, Elko New Market, MN 55054 A+5.0 ★Texas Ratio: 0.00% |
Conventional | 2 | 1% | 100% | $490,000 | View |
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113 N Main St, Belview, MN 56214 A+5.0 ★Texas Ratio: 5.77% |
Conventional | 2 | 1% | 100% | $540,000 | View |
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3225 Denmark Ave, Eagan, MN 55121 1382 A+5.0 ★Texas Ratio: 5.61% |
Conventional | 2 | 1% | 100% | $55,000 | View |
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37470 1st Avenue Ct, Dennison, MN 55018 A-4.4 ★Texas Ratio: 8.07% |
Conventional | 2 | 1% | 100% | $150,000 | View |
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14985 Glazier Ave, Apple Valley, MN 55124 |
Conventional, HELOC | 1 +7 HELOCs |
0.5% | 100% | $185,000 | View |
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331 S Broadway Ave, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 2.85% |
Conventional, HELOC | 1 +1 HELOCs |
0.5% | 50% | $425,000 | View |
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15751 Emperor Ave, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 0.90% |
Conventional, HELOC | 1 +1 HELOCs |
0.5% | 100% | $115,000 | View |
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900 American Blvd W, Bloomington, MN 55420 A5.0 ★Texas Ratio: 6.54% |
Conventional, HELOC | 1 +1 HELOCs |
0.5% | 100% | $95,000 | View |
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143 W Clark St, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 3.32% |
Conventional | 1 | 0.5% | 100% | $355,000 | View |
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11020 39th St N, Lake Elmo, MN 55042 A5.0 ★Texas Ratio: 7.45% |
Conventional, Jumbo | 1 | 0.5% | 100% | $565,000 | View |
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406 E Poplar St, Belle Plaine, MN 56011 A5.0 ★Texas Ratio: 6.12% |
Conventional | 1 | 0.5% | 100% | $95,000 | View |
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101 Minnesota Ave N, Aitkin, MN 56431 A+5.0 ★Texas Ratio: 4.98% |
Conventional | 1 | 0.5% | 100% | $405,000 | View |
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13735 Round Lake Blvd NW, Andover, MN 55304 A+5.0 ★Texas Ratio: 5.40% |
Conventional | 1 | 0.5% | 50% | $275,000 | View |
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1600 Monroe Drive, Carver, MN 55315 A+5.0 ★Texas Ratio: 3.53% |
Conventional | 1 | 0.5% | 100% | $365,000 | View |
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15103 Cedar Ave, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 3.68% |
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 | |
Cambria Financial Group
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Conventional, FHA | 2 | 1% | 100% | $290,000 | |
Servion
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Conventional | 1 | 0.5% | 100% | $245,000 | |
Summit Mortgage Corporation
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FHA | 1 | 0.5% | 100% | $515,000 | |
United Wholesale Mortgage
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Conventional, FHA, VA, HELOC | 12 +1 HELOCs |
6.2% | 72.2% | $321,666 | |
Rocket Mortgage
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Conventional, FHA, VA | 12 | 6.2% | 92.3% | $218,333 | |
Pennymac Loan Services LLC
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Conventional, FHA, VA | 7 | 3.6% | 100% | $326,428 | |
CrossCountry Mortgage, LLC
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Conventional, VA | 5 | 2.6% | 83.3% | $303,000 | |
Fairway Independent Mort Corp
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Conventional, FHA, VA | 5 | 2.6% | 100% | $297,000 | |
Plaza Home Mortgage, Inc
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Conventional, FHA, USDA | 5 | 2.6% | 100% | $253,000 | |
Nationstar Mortgage
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Conventional, FHA | 4 | 2.1% | 80% | $100,000 | |
Prosperity Home Mortgage, LLC
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Conventional | 4 | 2.1% | 100% | $395,000 | |
Everett Financial, Inc.
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Conventional, FHA | 3 | 1.6% | 100% | $268,333 | |
Newrez LLC
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Conventional, VA | 3 | 1.6% | 100% | $185,000 | |
Compeer Financial
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Conventional, Jumbo | 3 | 1.6% | 100% | $638,333 | |
Movement Mortgage, LLC
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Conventional | 3 | 1.6% | 100% | $108,333 | |
Mutual of Omaha Mortgage
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FHA, VA | 3 | 1.6% | 100% | $321,666 | |
Cardinal Financial Company, Li
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Conventional, FHA | 2 | 1% | 100% | $200,000 | |
Mortgage Research Center
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VA | 2 | 1% | 100% | $380,000 | |
New American Funding, LLC.
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Conventional | 2 | 1% | 100% | $335,000 | |
Navy Federal Credit Union
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Conventional, VA | 2 | 1% | 100% | $50,000 | |
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A+5.0 ★Texas Ratio: 3.17% |
Conventional, FHA | 2 | 1% | 100% | $360,000 | View |
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A+5.0 ★Texas Ratio: 4.11% |
Conventional | 1 | 0.5% | 100% | $395,000 | View |
Alameda Mortgage Corporation
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Conventional | 1 | 0.5% | 100% | $335,000 | |
Guaranteed Rate, Inc.
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Conventional | 1 | 0.5% | 100% | $305,000 | |
Primelending
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Conventional | 1 | 0.5% | 100% | $255,000 | |
Freedom Mortgage Corporation
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Conventional | 1 | 0.5% | 100% | $365,000 | |
Nbkc Bank
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VA | 1 | 0.5% | 100% | $495,000 | |
Kind Lending, LLC
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Conventional | 1 | 0.5% | 50% | $305,000 | |
loanDepot.com LLC
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Conventional | 1 | 0.5% | 50% | $75,000 | |
AmeriHome Mortgage Company, LLC
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FHA | 1 | 0.5% | 100% | $225,000 | |
PHH Mortgage Corporation
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FHA | 1 | 0.5% | 100% | $475,000 | |
Amerisave Mortgage Company
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Conventional | 1 | 0.5% | 50% | $105,000 | |
AdvantageFirst Lending Inc
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FHA | 1 | 0.5% | 100% | $295,000 | |
Cmg Mortgage Inc
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FHA | 1 | 0.5% | 100% | $415,000 | |
Discover Bank
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Conventional | 1 | 0.5% | 50% | $75,000 | |
Sun West Mortgage Company, Inc
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FHA | 1 | 0.5% | 100% | $375,000 | |
Bay Equity LLC
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FHA | 1 | 0.5% | 100% | $315,000 | |
Altra Federal Credit Union
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Conventional | 1 | 0.5% | 100% | $395,000 | |
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A+5.0 ★Texas Ratio: 2.40% |
Conventional | 1 | 0.5% | 100% | $365,000 | View |
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A5.0 ★Texas Ratio: 6.31% |
Conventional | 1 | 0.5% | 100% | $55,000 | View |
Lower, LLC
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FHA | 1 | 0.5% | 100% | $245,000 | |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 1 | 0.5% | 100% | $165,000 | View |
Carrington Mortgage Services LLC
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VA | 1 | 0.5% | 100% | $355,000 | |
Spring Eq, LLC
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Conventional | 1 | 0.5% | 33.3% | $65,000 | |
Village Capital & Investment
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FHA | 1 | 0.5% | 100% | $355,000 | |
American Neighborhood Mortgage Acceptance Company
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Conventional | 1 | 0.5% | 100% | $365,000 | |
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +3 HELOCs |
0% | n/a | View | |
Figure Lending LLC
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Dupaco Community Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Better Mortgage Corporation
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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 |
Lonsdale 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 Lonsdale, Minnesota
Looking for mortgage lenders near me or mortgage brokers near me in Lonsdale? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Lonsdale in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Lonsdale, MN
Use these to narrow the list above. Each category shows how many Lonsdale, MN lenders fit and what that kind of lender is usually best for.
Who Lends in Lonsdale, MN
Independent mortgage companies closed 50.3 percent of home loans in Lonsdale, Minnesota in 2025, banks 32.6 percent and credit unions 17.1 percent. Cambria Financial Group was the largest mortgage company, Frandsen Bank & Trust the largest bank and Trustone Financial Credit Union the largest credit union. Among lenders headquartered in Minnesota, Frandsen Bank & Trust led with 18 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 Lonsdale, MN
By home loans closed in 2025, Frandsen Bank & Trust was the largest mortgage lender in Lonsdale, Minnesota with 18 loans, about 9.3 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
21 lenders closed FHA loans in Lonsdale, Minnesota in 2025, led by United Wholesale Mortgage with 2. 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. 27 banks and 13 credit unions closed home loans in Lonsdale, Minnesota in 2025, alongside 39 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 Lonsdale, 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 Lonsdale, 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 Lonsdale. 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.
