Mortgage Lenders and Brokers in Mendota Heights, 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
Mendota Heights, Minnesota mortgage lenders include Deerwood BankDeerwood Bank1060 Dakota Dr, Mendota Heights, MN 55120A+5.0 ★Texas Ratio: 4.01%, Gateway BankGateway Bank745 Market St, Mendota Heights, MN 55118A+5.0 ★Texas Ratio: 0.01%, Bell BankBell Bank1001 Broadway St, Alexandria, MN 56308A+5.0 ★Texas Ratio: 3.66%, US Bank, N.A.US Bank, N.A.331 S Broadway Ave, Albert Lea, MN 56007A+5.0 ★Texas Ratio: 2.85%, 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, Old National BankOld National Bank101 Minnesota Ave N, Aitkin, MN 56431A+5.0 ★Texas Ratio: 4.98%, Blaze Credit UnionBlaze Credit Union10 Northtown Dr NE, Blaine, MN 55434 1033A5.0 ★Texas Ratio: 6.19%, Trustone Financial Credit UnionTrustone Financial Credit Union2772 E 82nd St, Bloomington, MN 55425 1365A+5.0 ★Texas Ratio: 4.56%, and Luminate BankLuminate Bank208 W Front St, Claremont, MN 55924A5.0 ★Texas Ratio: 11.06%. 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 Mendota Heights, Minnesota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Mendota Heights 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 Mendota Heights, Minnesota
Market share is the lender's share of all home loans closed in Mendota Heights, 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 Mendota Heights 1060 Dakota Dr, Mendota Heights, MN 55120 A+5.0 ★Texas Ratio: 4.01% |
Conventional, HELOC | 2 +6 HELOCs |
1.1% | 100% | $520,000 | View |
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745 Market St, Mendota Heights, MN 55118 A+5.0 ★Texas Ratio: 0.01% |
Conventional | 2 | 1.1% | 100% | $190,000 | View |
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1001 Broadway St, Alexandria, MN 56308 A+5.0 ★Texas Ratio: 3.66% |
Conventional, FHA, Jumbo, HELOC | 20 +5 HELOCs |
11.2% | 95.2% | $554,000 | View |
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331 S Broadway Ave, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 2.85% |
Conventional, Jumbo, HELOC | 6 +7 HELOCs |
3.4% | 66.7% | $476,666 | View |
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1719 W Main St, Albert Lea, MN 56007 4385 A+5.0 ★Texas Ratio: 4.41% |
Conventional, HELOC | 6 +1 HELOCs |
3.4% | 75% | $171,666 | View |
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14985 Glazier Ave, Apple Valley, MN 55124 |
Conventional, HELOC | 5 +6 HELOCs |
2.8% | 100% | $309,000 | View |
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101 Minnesota Ave N, Aitkin, MN 56431 A+5.0 ★Texas Ratio: 4.98% |
Conventional, Jumbo, HELOC | 5 +5 HELOCs |
2.8% | 100% | $623,000 | View |
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10 Northtown Dr NE, Blaine, MN 55434 1033 A5.0 ★Texas Ratio: 6.19% |
Conventional, HELOC | 5 +5 HELOCs |
2.8% | 100% | $197,000 | View |
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2772 E 82nd St, Bloomington, MN 55425 1365 A+5.0 ★Texas Ratio: 4.56% |
Conventional, HELOC | 4 +5 HELOCs |
2.2% | 80% | $197,500 | View |
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208 W Front St, Claremont, MN 55924 A5.0 ★Texas Ratio: 11.06% |
Conventional | 3 | 1.7% | 100% | $468,333 | View |
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11800 Aberdeen St Ne, Blaine, MN 55449 C+4.1 ★Texas Ratio: 26.29% |
Conventional | 3 | 1.7% | 75% | $338,333 | View |
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15751 Emperor Ave, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 0.90% |
Conventional, HELOC | 2 +1 HELOCs |
1.1% | 66.7% | $270,000 | View |
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405 E Main St, Anoka, MN 55303 A+5.0 ★Texas Ratio: 3.66% |
Conventional | 2 | 1.1% | 100% | $440,000 | View |
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122 E Main St, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 2 | 1.1% | 40% | $425,000 | 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 | 2 | 1.1% | 100% | $155,000 | View |
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255 33rd St W, Hastings, MN 55033 A+5.0 ★Texas Ratio: 1.51% |
Conventional | 2 | 1.1% | 100% | $460,000 | View |
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7701 France Ave S, Edina, MN 55435 A+5.0 ★Texas Ratio: 1.78% |
Conventional | 2 | 1.1% | 100% | $525,000 | View |
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900 American Blvd W, Bloomington, MN 55420 A5.0 ★Texas Ratio: 6.54% |
Conventional, HELOC | 1 +1 HELOCs |
0.6% | 100% | $245,000 | View |
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7760 France Ave S, Bloomington, MN 55435 A+5.0 ★Texas Ratio: 3.45% |
Conventional, HELOC | 1 +1 HELOCs |
0.6% | 100% | $315,000 | View |
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11020 39th St N, Lake Elmo, MN 55042 A5.0 ★Texas Ratio: 7.45% |
Conventional | 1 | 0.6% | 100% | $255,000 | View |
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999 Village Center Dr, North Oaks, MN 55127 A+5.0 ★Texas Ratio: 0.11% |
Conventional | 1 | 0.6% | 100% | $255,000 | View |
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★ 5 stars, 1 review 9725 163rd St W, Lakeville, MN 55044 A5.0 ★Texas Ratio: 8.73% |
Conventional | 1 | 0.6% | 100% | $235,000 | View |
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808 W Broadway Ave, Forest Lake, MN 55025 A+5.0 ★Texas Ratio: 0.72% |
Conventional, Jumbo | 1 | 0.6% | 100% | $1,225,000 | View |
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2121 Station Pkwy NW, Andover, MN 55304 A+5.0 ★Texas Ratio: 2.50% |
Conventional | 1 | 0.6% | 100% | $105,000 | View |
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1330 Conway St Ste 200, Saint Paul, MN 55106 A+5.0 ★Texas Ratio: 1.19% |
Conventional | 1 | 0.6% | 100% | $265,000 | View |
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7101 West 78th Street, Bloomington, MN 55420 A+5.0 ★Texas Ratio: 2.36% |
Conventional | 1 | 0.6% | 100% | $105,000 | View |
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143 W Clark St, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 3.32% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
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3225 Denmark Ave, Eagan, MN 55121 1382 A+5.0 ★Texas Ratio: 5.61% |
HELOC | 0 +2 HELOCs |
0% | 100% | View | |
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412 E Main St, Ada, MN 56510 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% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Tradition Mortgage, LLC
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Conventional, Jumbo | 4 | 2.2% | 100% | $640,000 | |
Bremer Bank NA
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Conventional | 2 | 1.1% | 100% | $735,000 | |
Cambria Financial Group
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Conventional | 1 | 0.6% | 100% | $605,000 | |
Summit Mortgage Corporation
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Conventional | 1 | 0.6% | 100% | $525,000 | |
CrossCountry Mortgage, LLC
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Conventional, Jumbo | 9 | 5.1% | 100% | $592,777 | |
Rocket Mortgage
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Conventional, FHA, HELOC | 8 +1 HELOCs |
4.5% | 80% | $300,000 | |
United Wholesale Mortgage
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Conventional | 6 | 3.4% | 100% | $333,333 | |
Fairway Independent Mort Corp
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Conventional | 5 | 2.8% | 100% | $307,000 | |
Guild Mortgage Company
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Conventional, Jumbo | 4 | 2.2% | 100% | $1,115,000 | |
Prosperity Home Mortgage, LLC
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Conventional | 4 | 2.2% | 100% | $487,500 | |
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A+5.0 ★Texas Ratio: 3.17% |
Conventional, HELOC | 3 +3 HELOCs |
1.7% | 100% | $368,333 | View |
Guaranteed Rate Affinity, LLC
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Conventional, FHA | 3 | 1.7% | 100% | $485,000 | |
Guaranteed Rate, Inc.
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Conventional | 3 | 1.7% | 100% | $205,000 | |
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A5.0 ★Texas Ratio: 6.31% |
Conventional, HELOC | 2 +1 HELOCs |
1.1% | 66.7% | $520,000 | View |
Newrez LLC
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Conventional | 2 | 1.1% | 50% | $250,000 | |
Sage Home Loans Corporation
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Conventional | 2 | 1.1% | 100% | $485,000 | |
Pennymac Loan Services LLC
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Conventional | 2 | 1.1% | 66.7% | $400,000 | |
loanDepot.com LLC
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Conventional | 2 | 1.1% | 100% | $195,000 | |
Nationstar Mortgage
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Conventional, VA | 2 | 1.1% | 100% | $455,000 | |
Mutual of Omaha Mortgage
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Conventional, VA | 2 | 1.1% | 100% | $370,000 | |
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★ 5 stars, 1 review A+5.0 ★Texas Ratio: 1.21% |
Conventional, Jumbo | 2 | 1.1% | 100% | $910,000 | View |
Alliant Credit Union
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Conventional | 1 | 0.6% | 100% | $765,000 | |
Primelending
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Conventional | 1 | 0.6% | 100% | $325,000 | |
SWBC Mortgage Corporation
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Conventional | 1 | 0.6% | 100% | $155,000 | |
Lakeview Loan Servicing, LLC
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Conventional | 1 | 0.6% | 33.3% | $595,000 | |
Equity Prime Mortgage LLC
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FHA | 1 | 0.6% | 100% | $305,000 | |
Kind Lending, LLC
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Conventional | 1 | 0.6% | 100% | $455,000 | |
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A+5.0 ★Texas Ratio: 5.29% |
Conventional, Jumbo | 1 | 0.6% | 100% | $995,000 | View |
Amerisave Mortgage Company
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Conventional | 1 | 0.6% | 50% | $125,000 | |
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A+5.0 ★Texas Ratio: 5.44% |
Conventional | 1 | 0.6% | 100% | $705,000 | View |
American Financing Corporation
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FHA | 1 | 0.6% | 100% | $375,000 | |
Cardinal Financial Company, Li
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FHA | 1 | 0.6% | 100% | $345,000 | |
Provident Funding Associates
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Conventional | 1 | 0.6% | 100% | $565,000 | |
Mortgage Research Center
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VA, Jumbo | 1 | 0.6% | 100% | $905,000 | |
Megastar Finanacial Corp
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Conventional | 1 | 0.6% | 100% | $405,000 | |
Digital Federal Credit Union
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Conventional | 1 | 0.6% | 100% | $735,000 | |
Zillow Home Loans, LLC
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Conventional | 1 | 0.6% | 100% | $275,000 | |
New American Funding, LLC.
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Conventional | 1 | 0.6% | 100% | $275,000 | |
The Loan Store, Inc
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Conventional | 1 | 0.6% | 100% | $475,000 | |
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★ 1.7 stars, 3 reviews A+5.0 ★Texas Ratio: 4.24% |
Conventional | 1 | 0.6% | 100% | $375,000 | View |
Florida Capital Bank, N.A
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Conventional | 1 | 0.6% | 100% | $415,000 | |
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A4.8 ★Texas Ratio: 2.45% |
Conventional, Jumbo | 1 | 0.6% | 100% | $1,185,000 | View |
Paramount Residential Mortgage
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Conventional | 1 | 0.6% | 100% | $155,000 | |
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A5.0 ★Texas Ratio: 9.09% |
Conventional | 1 | 0.6% | 100% | $465,000 | View |
Mason-McDuffie Mortgage Corporation
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Conventional | 1 | 0.6% | 100% | $235,000 | |
Plaza Home Mortgage, Inc
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Conventional | 1 | 0.6% | 100% | $335,000 | |
Luxury Mortgage Corp.
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Conventional, Jumbo | 1 | 0.6% | 100% | $1,525,000 | |
Tomo Mortgage LLC
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Conventional | 1 | 0.6% | 100% | $345,000 | |
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
Figure Lending LLC
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Uw Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Westconsin Credit Union
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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 | |
Superior Choice Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a |
Mendota Heights 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 Mendota Heights, Minnesota
Looking for mortgage lenders near me or mortgage brokers near me in Mendota Heights? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Mendota Heights in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Mendota Heights, MN
Use these to narrow the list above. Each category shows how many Mendota Heights, MN lenders fit and what that kind of lender is usually best for.
Who Lends in Mendota Heights, MN
Independent mortgage companies closed 43.8 percent of home loans in Mendota Heights, Minnesota in 2025, banks 38.2 percent and credit unions 18 percent. Tradition Mortgage, LLC was the largest mortgage company, Deerwood Bank the largest bank and Affinity Plus Federal Credit Union the largest credit union. Among lenders headquartered in Minnesota, Deerwood Bank 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 Mendota Heights, MN
By home loans closed in 2025, Deerwood Bank was the largest mortgage lender in Mendota Heights, Minnesota with 2 loans, about 1.1 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
6 lenders closed FHA loans in Mendota Heights, Minnesota in 2025, led by Guaranteed Rate Affinity, LLC with 2. 3 lenders closed VA loans, led by Nationstar Mortgage. 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. 31 banks and 17 credit unions closed home loans in Mendota Heights, Minnesota in 2025, alongside 36 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 Mendota Heights, 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 Mendota Heights, 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 Mendota Heights. 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.
