Mortgage Lenders and Brokers in Marshall, 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
Marshall, Minnesota mortgage lenders include Minnwest BankMinnwest Bank301 Baseline Rd, Marshall, MN 56258A+5.0 ★Texas Ratio: 5.77%, Old National BankOld National Bank208 E College Dr, Marshall, MN 56258A+5.0 ★Texas Ratio: 4.98%, US Bank, N.A.US Bank, N.A.207 W Main St, Marshall, MN 56258A+5.0 ★Texas Ratio: 2.85%, BMO Harris Bank NABMO Harris Bank NA1410 E College Dr, Marshall, MN 56258A+5.0 ★Texas Ratio: 3.54%, Merchants Bank, National AssociationMerchants Bank, National Association7300 147th St W, Apple Valley, MN 55124A+5.0 ★Texas Ratio: 3.28%, Affinity Plus Federal Credit UnionAffinity Plus Federal Credit Union1719 W Main St, Albert Lea, MN 56007 4385A+5.0 ★Texas Ratio: 4.41%, First Bank & TrustFirst Bank & Trust234 1st Ave E, Cambridge, MN 55008A+5.0 ★Texas Ratio: 3.79%, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA15103 Cedar Ave, Apple Valley, MN 55124A+5.0 ★Texas Ratio: 3.68%, Luminate BankLuminate Bank208 W Front St, Claremont, MN 55924A5.0 ★Texas Ratio: 11.06%, and First State Bank SouthwestFirst State Bank Southwest11665 110th St, Edgerton, MN 56128A4.7 ★Texas Ratio: 6.01%. 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 Marshall, Minnesota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Marshall 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 Marshall, Minnesota
Market share is the lender's share of all home loans closed in Marshall, 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 Marshall 301 Baseline Rd, Marshall, MN 56258 A+5.0 ★Texas Ratio: 5.77% |
Conventional, HELOC | 17 +4 HELOCs |
12.1% | 94.4% | $215,000 | View |
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1 office in Marshall 208 E College Dr, Marshall, MN 56258 A+5.0 ★Texas Ratio: 4.98% |
Conventional, HELOC | 8 +7 HELOCs |
5.7% | 100% | $223,750 | View |
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1 office in Marshall 207 W Main St, Marshall, MN 56258 A+5.0 ★Texas Ratio: 2.85% |
Conventional, HELOC | 5 +1 HELOCs |
3.5% | 83.3% | $253,000 | View |
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1 office in Marshall 1410 E College Dr, Marshall, MN 56258 A+5.0 ★Texas Ratio: 3.54% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
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7300 147th St W, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 3.28% |
Conventional | 4 | 2.8% | 80% | $355,000 | View |
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1719 W Main St, Albert Lea, MN 56007 4385 A+5.0 ★Texas Ratio: 4.41% |
Conventional | 2 | 1.4% | 100% | $85,000 | View |
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234 1st Ave E, Cambridge, MN 55008 A+5.0 ★Texas Ratio: 3.79% |
Conventional | 1 | 0.7% | 100% | $25,000 | View |
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15103 Cedar Ave, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 1 | 0.7% | 100% | $205,000 | View |
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208 W Front St, Claremont, MN 55924 A5.0 ★Texas Ratio: 11.06% |
VA | 1 | 0.7% | 100% | $285,000 | View |
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11665 110th St, Edgerton, MN 56128 A4.7 ★Texas Ratio: 6.01% |
Conventional | 1 | 0.7% | 100% | $115,000 | View |
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1420 White Oak Dr, Chaska, MN 55318 A5.0 ★Texas Ratio: 11.00% |
Conventional | 1 | 0.7% | 100% | $305,000 | View |
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2121 Station Pkwy NW, Andover, MN 55304 A+5.0 ★Texas Ratio: 2.50% |
Conventional | 1 | 0.7% | 100% | $85,000 | View |
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715 Crossroads Campus Dr NE, Buffalo, MN 55313 5074 A+5.0 ★Texas Ratio: 1.13% |
Conventional | 1 | 0.7% | 100% | $325,000 | View |
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55 1st St Nw, Clara City, MN 56222 A5.0 ★Texas Ratio: 10.53% |
Conventional | 1 | 0.7% | 100% | $385,000 | View |
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★ 5 stars, 1 review 5941 94th Ave N, Brooklyn Park, MN 55443 A+5.0 ★Texas Ratio: 1.52% |
Conventional | 1 | 0.7% | 100% | $375,000 | View |
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7760 France Ave S, Bloomington, MN 55435 A+5.0 ★Texas Ratio: 3.45% |
Conventional | 1 | 0.7% | 100% | $335,000 | View |
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10 Northtown Dr NE, Blaine, MN 55434 1033 A5.0 ★Texas Ratio: 6.19% |
Conventional | 1 | 0.7% | 100% | $165,000 | View |
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7510 147th St W, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 4.14% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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2772 E 82nd St, Bloomington, MN 55425 1365 A+5.0 ★Texas Ratio: 4.56% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Bremer Bank NA
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Conventional, FHA, USDA, HELOC | 6 +4 HELOCs |
4.3% | 100% | $146,666 | |
Servion
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Conventional | 1 | 0.7% | 100% | $375,000 | |
United Wholesale Mortgage
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Conventional, FHA, VA | 23 | 16.3% | 95.8% | $219,347 | |
Rocket Mortgage
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Conventional, FHA | 17 | 12.1% | 81% | $121,470 | |
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A5.0 ★Texas Ratio: 9.09% |
Conventional, FHA, VA, USDA | 8 | 5.7% | 72.7% | $157,500 | View |
Homeowners Financial Group, LLC
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Conventional, FHA | 5 | 3.5% | 100% | $147,000 | |
Movement Mortgage, LLC
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Conventional | 2 | 1.4% | 100% | $250,000 | |
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B-3.5 ★Texas Ratio: 6.80% |
Conventional, VA | 2 | 1.4% | 100% | $290,000 | View |
Premier Lending Inc.
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Conventional | 2 | 1.4% | 100% | $85,000 | |
Prosperity Home Mortgage, LLC
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FHA, USDA | 2 | 1.4% | 100% | $210,000 | |
Navy Federal Credit Union
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VA | 2 | 1.4% | 100% | $180,000 | |
Plaza Home Mortgage, Inc
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Conventional, FHA | 2 | 1.4% | 50% | $190,000 | |
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A+5.0 ★Texas Ratio: 3.17% |
Conventional, FHA | 2 | 1.4% | 100% | $80,000 | View |
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A+5.0 ★Texas Ratio: 4.11% |
Conventional | 1 | 0.7% | 100% | $135,000 | View |
Guaranteed Rate, Inc.
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FHA | 1 | 0.7% | 100% | $215,000 | |
Primelending
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Conventional | 1 | 0.7% | 100% | $185,000 | |
Equity Prime Mortgage LLC
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FHA | 1 | 0.7% | 100% | $125,000 | |
CrossCountry Mortgage, LLC
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FHA | 1 | 0.7% | 100% | $145,000 | |
Pennymac Loan Services LLC
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FHA | 1 | 0.7% | 50% | $255,000 | |
loanDepot.com LLC
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FHA | 1 | 0.7% | 100% | $75,000 | |
Cmg Mortgage Inc
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Conventional | 1 | 0.7% | 100% | $275,000 | |
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A+5.0 ★Texas Ratio: 4.05% |
Conventional | 1 | 0.7% | 100% | $445,000 | View |
Union Home Mortgage Corp.
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FHA | 1 | 0.7% | 100% | $145,000 | |
Cardinal Financial Company, Li
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VA | 1 | 0.7% | 100% | $145,000 | |
New Day Financial, LLC.
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VA | 1 | 0.7% | 50% | $185,000 | |
Empeople Credit Union
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Conventional | 1 | 0.7% | 100% | $335,000 | |
Mortgage Research Center
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FHA | 1 | 0.7% | 100% | $165,000 | |
Zillow Home Loans, LLC
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Conventional | 1 | 0.7% | 100% | $215,000 | |
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A+5.0 ★Texas Ratio: 3.09% |
Conventional | 1 | 0.7% | 100% | $125,000 | View |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 1 | 0.7% | 100% | $95,000 | View |
Carrington Mortgage Services LLC
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FHA | 1 | 0.7% | 100% | $165,000 | |
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A4.7 ★Texas Ratio: 2.58% |
Conventional | 1 | 0.7% | 100% | $225,000 | View |
Village Capital & Investment
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VA | 1 | 0.7% | 100% | $295,000 | |
Figure Lending LLC
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HELOC | 0 +3 HELOCs |
0% | n/a | ||
Gate City Bank
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
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C3.9 ★Texas Ratio: 27.97% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Lower, LLC
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HELOC | 0 +1 HELOCs |
0% | n/a |
Marshall 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 Marshall, Minnesota
Looking for mortgage lenders near me or mortgage brokers near me in Marshall? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Marshall in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Marshall, MN
Use these to narrow the list above. Each category shows how many Marshall, MN lenders fit and what that kind of lender is usually best for.
Who Lends in Marshall, MN
Independent mortgage companies closed 48.2 percent of home loans in Marshall, Minnesota in 2025, banks 44 percent and credit unions 7.8 percent. Servion was the largest mortgage company, Minnwest Bank the largest bank and Affinity Plus Federal Credit Union the largest credit union. Among lenders headquartered in Minnesota, Minnwest Bank led with 17 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 Marshall, MN
By home loans closed in 2025, Minnwest Bank was the largest mortgage lender in Marshall, Minnesota with 17 loans, about 12.1 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
16 lenders closed FHA loans in Marshall, Minnesota in 2025, led by United Wholesale Mortgage with 9. 8 lenders closed VA loans, led by United Wholesale Mortgage, and 3 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. 22 banks and 10 credit unions closed home loans in Marshall, Minnesota in 2025, alongside 24 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 Marshall, 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 Marshall, 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 Marshall. 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.
