Mortgage Lenders and Brokers in Middle River, 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
Middle River, Minnesota mortgage lenders include Border BankBorder Bank150 Hill Ave S, Middle River, MN 56737A5.0 ★Texas Ratio: 11.40%, 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%, Park State BankPark State Bank221 Main St N, Biwabik, MN 55708A+5.0 ★Texas Ratio: 5.68%, Wings Financial Credit UnionWings Financial Credit Union14985 Glazier Ave, Apple Valley, MN 55124, Blaze Credit UnionBlaze Credit Union10 Northtown Dr NE, Blaine, MN 55434 1033A5.0 ★Texas Ratio: 6.19%, Rocket Mortgage, Pennymac Loan Services LLC, New American Funding, LLC., and 21St Mortgage. 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 Middle River, Minnesota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Middle River 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 Middle River, Minnesota
Market share is the lender's share of all home loans closed in Middle River, 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 Middle River 150 Hill Ave S, Middle River, MN 56737 A5.0 ★Texas Ratio: 11.40% |
Conventional | 9 | 36% | 100% | $143,888 | View |
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7300 147th St W, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 3.28% |
Conventional | 1 | 4% | 100% | $225,000 | View |
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1719 W Main St, Albert Lea, MN 56007 4385 A+5.0 ★Texas Ratio: 4.41% |
Conventional | 1 | 4% | 100% | $185,000 | View |
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221 Main St N, Biwabik, MN 55708 A+5.0 ★Texas Ratio: 5.68% |
Conventional | 1 | 4% | 100% | $195,000 | View |
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14985 Glazier Ave, Apple Valley, MN 55124 |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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10 Northtown Dr NE, Blaine, MN 55434 1033 A5.0 ★Texas Ratio: 6.19% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Rocket Mortgage
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Conventional | 2 | 8% | 66.7% | $110,000 | |
Pennymac Loan Services LLC
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VA | 2 | 8% | 100% | $195,000 | |
New American Funding, LLC.
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FHA | 2 | 8% | 100% | $235,000 | |
21St Mortgage
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Conventional | 2 | 8% | 100% | $145,000 | |
CrossCountry Mortgage, LLC
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FHA | 1 | 4% | 100% | $155,000 | |
AgCountry Farm Credit Services, FLCA
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Conventional | 1 | 4% | 100% | $75,000 | |
Union Home Mortgage Corp.
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Conventional | 1 | 4% | 100% | $105,000 | |
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A5.0 ★Texas Ratio: 8.00% |
Conventional | 1 | 4% | 100% | $155,000 | View |
Mortgage Research Center
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VA | 1 | 4% | 100% | $155,000 |
Middle River 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 Middle River, Minnesota
Looking for mortgage lenders near me or mortgage brokers near me in Middle River? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Middle River in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Middle River, MN
Use these to narrow the list above. Each category shows how many Middle River, MN lenders fit and what that kind of lender is usually best for.
Who Lends in Middle River, MN
Independent mortgage companies closed 52 percent of home loans in Middle River, Minnesota in 2025, banks 44 percent and credit unions 4 percent. Rocket Mortgage was the largest mortgage company, Border Bank the largest bank and Affinity Plus Federal Credit Union the largest credit union. Among lenders headquartered in Minnesota, Merchants Bank, National Association led with 1 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 Middle River, MN
By home loans closed in 2025, Border Bank was the largest mortgage lender in Middle River, Minnesota with 9 loans, about 36 percent of the market. The largest lender headquartered in Minnesota was Merchants Bank, National Association with 1 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
2 lenders closed FHA loans in Middle River, Minnesota in 2025, led by New American Funding, LLC. with 2. 2 lenders closed VA loans, led by Pennymac Loan Services LLC. 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. 3 banks and 3 credit unions closed home loans in Middle River, Minnesota in 2025, alongside 9 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 Middle River, 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 Middle River, 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 Middle River. 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.
