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Mortgage Lenders and Brokers in Minnetonka, Minnesota

Content reviewed by

Brian McKay | iEditorial Disclosure | ✓Fact Checked | Loan Rates Last Updated and Verified: October 7, 2026

Minnetonka, Minnesota mortgage lenders include US Bank, N.A.US Bank, N.A.17800 Highway 7, Minnetonka, MN 55345A+5.0 ★Texas Ratio: 2.85%, Alerus Financial NAAlerus Financial NA10900 Wayzata Boulevard Suite 900, Minnetonka, MN 55305A+5.0 ★Texas Ratio: 3.32%, Huntington National BankHuntington National Bank1801 Plymouth Rd, Minnetonka, MN 55305A+5.0 ★Texas Ratio: 3.66%, Wells Fargo Bank NAWells Fargo Bank NA1809 Plymouth Rd, Minnetonka, MN 55305A+5.0 ★Texas Ratio: 5.36%, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA4799 County Road 101, Minnetonka, MN 55345A+5.0 ★Texas Ratio: 3.68%, Bank of America NABank of America NA1808 Plymouth Rd, Minnetonka, MN 55305A+5.0 ★Texas Ratio: 4.14%, Highland BankHighland Bank1700 Plymouth Rd, Minnetonka, MN 55305C+4.1 ★Texas Ratio: 26.29%, Minnwest BankMinnwest Bank14820 Highway 7, Minnetonka, MN 55345A+5.0 ★Texas Ratio: 5.77%, Bridgewater BankBridgewater Bank14550 Excelsior Blvd, Minnetonka, MN 55345A+5.0 ★Texas Ratio: 3.43%, and Security Bank & Trust CompanySecurity Bank & Trust Company7101 West 78th Street, Bloomington, MN 55420A+5.0 ★Texas Ratio: 2.36%. 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 Minnetonka, Minnesota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Minnetonka 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 Minnetonka, Minnesota

Market share is the lender's share of all home loans closed in Minnetonka, 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
US Bank, N.A. 2 offices in Minnetonka 17800 Highway 7, Minnetonka, MN 55345 A+5.0 ★Texas Ratio: 2.85%	Conventional, VA, Jumbo, HELOC	40 +47 HELOCs	4.6%	80.4%	$387,250	View
Alerus Financial NA 1 office in Minnetonka 10900 Wayzata Boulevard Suite 900, Minnetonka, MN 55305 A+5.0 ★Texas Ratio: 3.32%	Conventional, VA, Jumbo, HELOC	23 +9 HELOCs	2.7%	100%	$424,565	View
Huntington National Bank 2 offices in Minnetonka 1801 Plymouth Rd, Minnetonka, MN 55305 A+5.0 ★Texas Ratio: 3.66%	Conventional, Jumbo, HELOC	17 +22 HELOCs	2%	100%	$609,705	View
Wells Fargo Bank NA 2 offices in Minnetonka 1809 Plymouth Rd, Minnetonka, MN 55305 A+5.0 ★Texas Ratio: 5.36%	Conventional, Jumbo	14	1.6%	77.8%	$411,428	View
JPMorgan Chase Bank, NA 1 office in Minnetonka 4799 County Road 101, Minnetonka, MN 55345 A+5.0 ★Texas Ratio: 3.68%	Conventional, Jumbo, HELOC	13 +2 HELOCs	1.5%	81.2%	$541,153	View
Bank of America NA 1 office in Minnetonka 1808 Plymouth Rd, Minnetonka, MN 55305 A+5.0 ★Texas Ratio: 4.14%	Conventional, Jumbo, HELOC	8 +10 HELOCs	0.9%	80%	$612,500	View
Highland Bank 1 office in Minnetonka 1700 Plymouth Rd, Minnetonka, MN 55305 C+4.1 ★Texas Ratio: 26.29%	Conventional	7	0.8%	100%	$127,857	View
Minnwest Bank 1 office in Minnetonka 14820 Highway 7, Minnetonka, MN 55345 A+5.0 ★Texas Ratio: 5.77%	Conventional, HELOC	2 +4 HELOCs	0.2%	66.7%	$295,000	View
Bridgewater Bank 1 office in Minnetonka 14550 Excelsior Blvd, Minnetonka, MN 55345 A+5.0 ★Texas Ratio: 3.43%	Conventional, Jumbo	2	0.2%	100%	$650,000	View
Security Bank & Trust Company 1 office in Minnetonka 7101 West 78th Street, Bloomington, MN 55420 A+5.0 ★Texas Ratio: 2.36%	Conventional	1	0.1%	100%	$325,000	View
Umb Bank NA 1 office in Minnetonka 9800 Bren Rd E, Minnetonka, MN 55343 A+5.0 ★Texas Ratio: 1.78%	HELOC	0 +1 HELOCs	0%	n/a		View
Bell Bank 1001 Broadway St, Alexandria, MN 56308 A+5.0 ★Texas Ratio: 3.66%	Conventional, FHA, Jumbo, HELOC	83 +19 HELOCs	9.6%	98.8%	$501,024	View
Trustone Financial Credit Union 2772 E 82nd St, Bloomington, MN 55425 1365 A+5.0 ★Texas Ratio: 4.56%	Conventional, Jumbo, HELOC	32 +39 HELOCs	3.7%	85.4%	$251,875	View
Affinity Plus Federal Credit Union 1719 W Main St, Albert Lea, MN 56007 4385 A+5.0 ★Texas Ratio: 4.41%	Conventional, HELOC	15 +4 HELOCs	1.7%	78.9%	$159,666	View
Old National Bank 101 Minnesota Ave N, Aitkin, MN 56431 A+5.0 ★Texas Ratio: 4.98%	Conventional, FHA, Jumbo, HELOC	13 +10 HELOCs	1.5%	86.7%	$444,230	View
Wings Financial Credit Union 11110 Greenbrier Rd, Minnetonka, MN 55305	Conventional, Jumbo, HELOC	10 +38 HELOCs	1.2%	100%	$415,000	View
Luminate Bank 208 W Front St, Claremont, MN 55924 A5.0 ★Texas Ratio: 11.06%	Conventional	10	1.2%	90.9%	$474,000	View
Granite Bank 11660 Theatre Dr N, Champlin, MN 55316 A5.0 ★Texas Ratio: 13.85%	Conventional	9	1%	100%	$388,333	View
Blaze Credit Union 10 Northtown Dr NE, Blaine, MN 55434 1033 A5.0 ★Texas Ratio: 6.19%	Conventional, HELOC	8 +13 HELOCs	0.9%	85.7%	$127,500	View
Think Mutual Bank 15751 Emperor Ave, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 0.90%	Conventional, HELOC	6 +3 HELOCs	0.7%	100%	$241,666	View
Associated Bank NA 7760 France Ave S, Bloomington, MN 55435 A+5.0 ★Texas Ratio: 3.45%	Conventional, HELOC	6 +2 HELOCs	0.7%	85.7%	$430,000	View
Sharepoint Credit Union 13735 Round Lake Blvd NW, Andover, MN 55304 A+5.0 ★Texas Ratio: 5.40%	Conventional	4	0.5%	66.7%	$70,000	View
HomeTown Bank 1600 Monroe Drive, Carver, MN 55315 A+5.0 ★Texas Ratio: 3.53%	Conventional	3	0.3%	100%	$315,000	View
Citizens Independent Bank 10901 Excelsior Blvd, Hopkins, MN 55343 A+5.0 ★Texas Ratio: 3.74%	Conventional	3	0.3%	100%	$41,666	View
Vermillion State Bank 255 33rd St W, Hastings, MN 55033 A+5.0 ★Texas Ratio: 1.51%	Conventional	3	0.3%	100%	$371,666	View
Topline Financial Credit Union 900 American Blvd W, Bloomington, MN 55420 A5.0 ★Texas Ratio: 6.54%	Conventional, HELOC	2 +6 HELOCs	0.2%	100%	$135,000	View
BMO Harris Bank NA 412 E Main St, Ada, MN 56510 A+5.0 ★Texas Ratio: 3.54%	Conventional, Jumbo, HELOC	2 +4 HELOCs	0.2%	100%	$755,000	View
Magnifi Financial Credit Union 641 Railroad Ave, Albany, MN 56307 A+5.0 ★Texas Ratio: 1.40%	Conventional, HELOC	2 +1 HELOCs	0.2%	100%	$335,000	View
The Bank of Elk River 630 Main St Nw, Elk River, MN 55330 A-4.8 ★Texas Ratio: 10.95%	Conventional, Jumbo	2	0.2%	100%	$745,000	View
Sherburne State Bank 12500 Sherburne Avenue, Becker, MN 55308 A+5.0 ★Texas Ratio: 0.20%	Conventional	2	0.2%	100%	$160,000	View
Heartland Credit Union 4001 Lexington Ave N, Arden Hills, MN 55126 A+5.0 ★Texas Ratio: 4.68%	Conventional	2	0.2%	100%	$130,000	View
Luminate Home Loans, Inc. 208 W Front St, Claremont, MN 55924 A5.0 ★Texas Ratio: 11.06%	Conventional, VA	2	0.2%	100%	$250,000	View
City & County Credit Union ★ 5 stars, 1 review 10653 Wayzata Blvd, Minnetonka, MN 55305 A+5.0 ★Texas Ratio: 1.52%	Conventional	2	0.2%	100%	$395,000	View
Merchants Bank, National Association 7300 147th St W, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 3.28%	Conventional, HELOC	1 +1 HELOCs	0.1%	100%	$205,000	View
Cornerstone State Bank 406 E Poplar St, Belle Plaine, MN 56011 A5.0 ★Texas Ratio: 6.12%	Conventional	1	0.1%	100%	$65,000	View
BankCherokee 999 Village Center Dr, North Oaks, MN 55127 A+5.0 ★Texas Ratio: 0.11%	Conventional	1	0.1%	100%	$555,000	View
Novation Credit Union 45 Hassan St SE, Hutchinson, MN 55350 A+5.0 ★Texas Ratio: 4.19%	Conventional	1	0.1%	100%	$35,000	View
Eagle Rock Bank 6 Pine Tree Dr Ste 105, Arden Hills, MN 55112 A5.0 ★Texas Ratio: 6.92%	Conventional, Jumbo	1	0.1%	100%	$855,000	View
KodaBank 1060 Paul Bunyan Dr Nw, Bemidji, MN 56601 A+5.0 ★Texas Ratio: 2.26%	Conventional, Jumbo	1	0.1%	100%	$875,000	View
First Resource Bank 808 W Broadway Ave, Forest Lake, MN 55025 A+5.0 ★Texas Ratio: 0.72%	Conventional, Jumbo	1	0.1%	100%	$2,705,000	View
First Independence Bank 3430 University Ave Se, Minneapolis, MN 55414 A+5.0 ★Texas Ratio: 4.91%	Conventional, Jumbo	1	0.1%	100%	$965,000	View
Ideal Credit Union 3225 Denmark Ave, Eagan, MN 55121 1382 A+5.0 ★Texas Ratio: 5.61%	Conventional	1	0.1%	100%	$45,000	View
Sunrise Banks, N.A. 2100 Blaisdell Ave, Minneapolis, MN 55404 A5.0 ★Texas Ratio: 9.43%	Conventional	1	0.1%	100%	$255,000	View
Platinum Bank 7667 10th St N, Oakdale, MN 55128 A+5.0 ★Texas Ratio: 2.38%	Conventional	1	0.1%	100%	$355,000	View
St Paul Federal Credit Union 1330 Conway St Ste 200, Saint Paul, MN 55106 A+5.0 ★Texas Ratio: 1.19%	Conventional	1	0.1%	100%	$405,000	View
Frandsen Bank & Trust 410 2nd St W, Ada, MN 56510 A+5.0 ★Texas Ratio: 5.91%	Conventional	1	0.1%	100%	$415,000	View
Deerwood Bank 14986 Lynwood Dr, Baxter, MN 56425 A+5.0 ★Texas Ratio: 4.01%	HELOC	0 +4 HELOCs	0%	n/a		View
First Bank & Trust 234 1st Ave E, Cambridge, MN 55008 A+5.0 ★Texas Ratio: 3.79%	HELOC	0 +1 HELOCs	0%	n/a		View
Expedition Credit Union 14989 Florence Trl, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 1.78%	HELOC	0 +1 HELOCs	0%	n/a		View
Tradition Mortgage, LLC	Conventional	13	1.5%	100%	$458,846
South Metro Federal Credit Uni	Conventional	5	0.6%	100%	$143,000
Summit Mortgage Corporation	Conventional	5	0.6%	100%	$353,000
Bremer Bank NA	Conventional, HELOC	3 +2 HELOCs	0.3%	100%	$361,666
Cambria Financial Group	Conventional, Jumbo	3	0.3%	100%	$611,666
Servion	Conventional	2	0.2%	100%	$395,000
Rocket Mortgage	Conventional, FHA, HELOC	46 +2 HELOCs	5.3%	85.7%	$365,652
United Wholesale Mortgage	Conventional, FHA, VA, Jumbo, HELOC	44 +2 HELOCs	5.1%	91.7%	$488,181
CrossCountry Mortgage, LLC	Conventional, FHA, Jumbo	39	4.5%	97.5%	$453,717
Prosperity Home Mortgage, LLC	Conventional, FHA	29	3.3%	96.8%	$378,103
Pennymac Loan Services LLC	Conventional, FHA, VA, Jumbo	22	2.5%	88%	$604,545
Newrez LLC	Conventional, VA, Jumbo	19	2.2%	76%	$456,578
Baxter Credit Union A5.0 ★Texas Ratio: 6.31%	Conventional, HELOC	15 +11 HELOCs	1.7%	100%	$272,333	View
Fairway Independent Mort Corp	Conventional, VA, Jumbo	15	1.7%	100%	$465,666
loanDepot.com LLC	Conventional, FHA, VA	14	1.6%	87.5%	$337,142
Guaranteed Rate Affinity, LLC	Conventional, FHA	11	1.3%	100%	$385,000
New American Funding, LLC.	Conventional, FHA, HELOC	8 +1 HELOCs	0.9%	100%	$377,500
Everett Financial, Inc.	Conventional	8	0.9%	100%	$388,750
Guild Mortgage Company	Conventional, Jumbo	8	0.9%	90%	$375,000
Freedom Mortgage Corporation	Conventional, FHA, VA	7	0.8%	88.9%	$352,142
Movement Mortgage, LLC	Conventional	7	0.8%	100%	$132,142
Guaranteed Rate, Inc.	Conventional, HELOC	6 +3 HELOCs	0.7%	100%	$370,000
Morgan Stanley Private Bank NA A4.8 ★Texas Ratio: 2.45%	Conventional, Jumbo, HELOC	6 +1 HELOCs	0.7%	100%	$591,666	View
Nationstar Mortgage	Conventional	6	0.7%	87.5%	$381,666
Mutual of Omaha Mortgage	Conventional, FHA, VA	6	0.7%	100%	$368,333
Primelending	Conventional	5	0.6%	100%	$425,000
Nbkc Bank	Conventional, VA	5	0.6%	100%	$461,000
Resicentral LLC	Conventional	5	0.6%	100%	$471,000
Union Home Mortgage Corp.	Conventional, Jumbo	5	0.6%	83.3%	$691,000
Paramount Residential Mortgage	Conventional, Jumbo	5	0.6%	83.3%	$725,000
Megastar Finanacial Corp	Conventional	4	0.5%	100%	$337,500
Plaza Home Mortgage, Inc	Conventional	4	0.5%	100%	$592,500
PNC Bank N.A. ★ 1.7 stars, 3 reviews A+5.0 ★Texas Ratio: 4.24%	Conventional, HELOC	3 +3 HELOCs	0.3%	100%	$335,000	View
Charles Schwab Bank, Ssb A+5.0 ★Texas Ratio: 0.14%	Conventional, Jumbo	3	0.3%	100%	$785,000	View
Deephaven Mortgage LLC	Conventional, Jumbo	3	0.3%	100%	$561,666
Synergy One Lending, Inc.	Conventional	3	0.3%	100%	$365,000
Cmg Mortgage Inc	Conventional	3	0.3%	100%	$308,333
Barrington Bank & Trust Company, N.A. A+5.0 ★Texas Ratio: 2.20%	Conventional	3	0.3%	100%	$495,000	View
Uif Corporation	Conventional	3	0.3%	100%	$278,333
Nexbank A-5.0 ★Texas Ratio: 14.93%	Conventional	3	0.3%	75%	$558,333	View
Sofi Bank, National Association A+5.0 ★Texas Ratio: 0.51%	Conventional	3	0.3%	75%	$201,666	View
Plains Commerce Bank A5.0 ★Texas Ratio: 9.09%	Conventional, Jumbo	3	0.3%	100%	$665,000	View
Tomo Mortgage LLC	Conventional	3	0.3%	100%	$461,666
Royal Credit Union A+5.0 ★Texas Ratio: 3.17%	Conventional, HELOC	2 +6 HELOCs	0.2%	100%	$255,000	View
Navy Federal Credit Union	Conventional, HELOC	2 +2 HELOCs	0.2%	66.7%	$325,000
Lakeview Loan Servicing, LLC	Conventional, FHA	2	0.2%	66.7%	$430,000
Go Mortgage, LLC	Conventional, FHA	2	0.2%	100%	$370,000
Kind Lending, LLC	Conventional	2	0.2%	100%	$490,000
Flagstar Bank NA D3.3 ★Texas Ratio: 35.11%	Conventional	2	0.2%	100%	$385,000	View
Northpointe Bank A5.0 ★Texas Ratio: 8.47%	Conventional	2	0.2%	100%	$355,000	View
MortgageCountry	Conventional	2	0.2%	100%	$385,000
Citizens State Bank A+5.0 ★Texas Ratio: 3.68%	Conventional	2	0.2%	100%	$350,000	View
First Dakota National Bak A+5.0 ★Texas Ratio: 4.05%	Conventional, Jumbo	2	0.2%	100%	$680,000	View
Cardinal Financial Company, Li	Conventional	2	0.2%	100%	$685,000
First Federal Bank A+5.0 ★Texas Ratio: 1.10%	Conventional, VA	2	0.2%	100%	$500,000	View
Nations Lending Corporation	Conventional, Jumbo	2	0.2%	100%	$770,000
Waterstone Mortgage Corporation	Conventional, VA	2	0.2%	100%	$320,000
American Pacific Mortgage Corporation	Conventional	2	0.2%	100%	$305,000
Mortgage Research Center	Conventional, VA	2	0.2%	40%	$455,000
Lower, LLC	Conventional	2	0.2%	100%	$410,000
Ixonia Bank A+5.0 ★Texas Ratio: 2.14%	Conventional	2	0.2%	100%	$380,000	View
Ubs Bank USA ★ 5 stars, 1 review A+5.0 ★Texas Ratio: 1.21%	Conventional	2	0.2%	100%	$580,000	View
Mason-McDuffie Mortgage Corporation	Conventional	2	0.2%	100%	$490,000
American Neighborhood Mortgage Acceptance Company	Conventional	2	0.2%	100%	$805,000
Veridian Credit Union C3.9 ★Texas Ratio: 27.97%	Conventional, HELOC	1 +9 HELOCs	0.1%	100%	$205,000	View
Midwestone Bank	Conventional, Jumbo, HELOC	1 +4 HELOCs	0.1%	100%	$1,155,000
Alliant Credit Union	Conventional, Jumbo, HELOC	1 +2 HELOCs	0.1%	100%	$1,215,000
Spring Eq, LLC	Conventional, HELOC	1 +2 HELOCs	0.1%	25%	$295,000
Connexus Credit Union	Conventional, HELOC	1 +1 HELOCs	0.1%	100%	$65,000
American National Bank A5.0 ★Texas Ratio: 8.08%	Conventional, HELOC	1 +1 HELOCs	0.1%	100%	$265,000	View
A&D Mortgage LLC A+5.0 ★Texas Ratio: 4.11%	Conventional	1	0.1%	100%	$485,000	View
Premia Mortgage, LLC A5.0 ★Texas Ratio: 13.21%	Conventional	1	0.1%	100%	$705,000	View
Comerica Bank A+5.0 ★Texas Ratio: 4.14%	Conventional	1	0.1%	100%	$795,000	View
Arbor Bank A5.0 ★Texas Ratio: 10.07%	Conventional	1	0.1%	100%	$645,000	View
Residential Wholesale Mortgage	Conventional	1	0.1%	100%	$535,000
Primary Residential Mortgage, INC.	VA	1	0.1%	100%	$515,000
Gold Star Mortgage Financial Group, Corporation	Conventional	1	0.1%	100%	$425,000
Canopy Mortgage, LLC	FHA	1	0.1%	100%	$465,000
Sage Home Loans Corporation	Conventional	1	0.1%	100%	$205,000
Guidance Residential, LLC	Conventional	1	0.1%	100%	$475,000
Dollar Bank, FSB A+5.0 ★Texas Ratio: 5.29%	Conventional, Jumbo	1	0.1%	100%	$1,005,000	View
Bison State Bank A+5.0 ★Texas Ratio: 2.38%	Conventional	1	0.1%	100%	$705,000	View
Amerisave Mortgage Company	VA	1	0.1%	20%	$385,000
AdvantageFirst Lending Inc	VA	1	0.1%	100%	$695,000
City 1st Mortgage Services, LC	Conventional	1	0.1%	50%	$265,000
Discover Bank	Conventional	1	0.1%	12.5%	$75,000
Sun West Mortgage Company, Inc	FHA	1	0.1%	100%	$295,000
Bank Fund Staff Federal Credit	Conventional, Jumbo	1	0.1%	100%	$1,245,000
Gate City Bank	Conventional	1	0.1%	100%	$225,000
SIRVA Mortgage, Inc.	Conventional, Jumbo	1	0.1%	100%	$925,000
First Colony Mortgage Corporat	Conventional	1	0.1%	100%	$525,000
Delta Community Credit Union	Conventional	1	0.1%	100%	$575,000
American Internet Mortgage, Inc.	Conventional	1	0.1%	100%	$95,000
Usaa Federal Savings Bank B-3.5 ★Texas Ratio: 6.80%	VA	1	0.1%	100%	$135,000	View
First International Bank & Trust	FHA	1	0.1%	100%	$505,000
Planet Home Lending, LLC	FHA	1	0.1%	100%	$375,000
Provident Funding Associates	Conventional	1	0.1%	100%	$365,000
United Home Loans, Inc.	Conventional, Jumbo	1	0.1%	100%	$1,385,000
Integrity Home Mortgage Corporation	Conventional	1	0.1%	100%	$505,000
Village Bank & Trust, N.A. A+5.0 ★Texas Ratio: 1.60%	Conventional	1	0.1%	100%	$415,000	View
Member First Mortgage, LLC	Conventional	1	0.1%	100%	$255,000
Tjc Mortgage Inc	Conventional	1	0.1%	100%	$435,000
V.I.P. Mortgage, Inc.	Conventional	1	0.1%	100%	$595,000
RoundPoint Mortgage Servicing LLC	Conventional	1	0.1%	100%	$435,000
Zillow Home Loans, LLC	Conventional	1	0.1%	100%	$175,000
First Bank A+5.0 ★Texas Ratio: 1.94%	Conventional, Jumbo	1	0.1%	100%	$955,000	View
Mld Mortgage, Inc.Dba the Money Store	Conventional	1	0.1%	100%	$345,000
South Story Bank & Trust A5.0 ★Texas Ratio: 7.43%	Conventional	1	0.1%	100%	$145,000	View
Thrivent Bank	Conventional	1	0.1%	100%	$135,000
The Federal Savings Bank B+4.8 ★Texas Ratio: 16.98%	VA	1	0.1%	100%	$375,000	View
Geneva Financial LLC	Conventional	1	0.1%	100%	$595,000
Quontic Bank C+4.1 ★Texas Ratio: 25.91%	Conventional	1	0.1%	100%	$655,000	View
Ark-La-Tex Financial Services LLC	FHA	1	0.1%	100%	$395,000
Ameris Bank ★ 4 stars, 1 review A+5.0 ★Texas Ratio: 1.82%	Conventional	1	0.1%	100%	$215,000	View
Figure Lending LLC	HELOC	0 +12 HELOCs	0%	n/a
Coastal Community Bank B4.5 ★Texas Ratio: 20.96%	HELOC	0 +3 HELOCs	0%	n/a		View
American Airlines Federal Cred	HELOC	0 +1 HELOCs	0%	n/a
Fourleaf Federal Credit Union	HELOC	0 +1 HELOCs	0%	n/a
Citizens Bank, NA A+5.0 ★Texas Ratio: 5.44%	HELOC	0 +1 HELOCs	0%	n/a		View
Valon Mortgage	HELOC	0 +1 HELOCs	0%	n/a
HomeBridge Financial Services, Inc	HELOC	0 +1 HELOCs	0%	n/a
Pentagon Federal Credit Union	HELOC	0 +1 HELOCs	0%	n/a
Better Mortgage Corporation	HELOC	0 +1 HELOCs	0%	0%
Third Federal Savings and Loan A+5.0 ★Texas Ratio: 2.32%	HELOC	0 +1 HELOCs	0%	n/a		View

Lender counts and market shares come from 2025 federal HMDA loan data, the public record of mortgage applications and closings. Health grades: MonitorBankRates, rates as of Oct 7, 2026.

Minnetonka Mortgage Rate Trends

Daily average mortgage rates for Minnesota compared with the national average, updated every evening.

30-Year Fixed MN Avg

7.512%

▲ 0.089 vs 7 days ago

15-Year Fixed MN Avg

6.996%

▲ 0.059 vs 7 days ago

Mortgage Lenders and Mortgage Brokers Near Me in Minnetonka, Minnesota

Looking for mortgage lenders near me or mortgage brokers near me in Minnetonka? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Minnetonka in 2025, with lenders based there listed first.

Types of Mortgage Lenders in Minnetonka, MN

Use these to narrow the list above. Each category shows how many Minnetonka, MN lenders fit and what that kind of lender is usually best for.

Mortgage companies and brokers 74 lenders. Nonbank lenders and brokers that shop several wholesale lenders; often the fastest closings Banks 74 lenders. Local and national banks with branches, portfolio and jumbo loans, and an MBR health grade Credit unions 25 lenders. Member owned, often lower fees and flexible underwriting for members FHA lenders 19 lenders. 3.5 percent down and credit scores into the 500s; the usual route for bad credit or low down payment buyers VA lenders 19 lenders. No down payment and no mortgage insurance for eligible veterans and service members Jumbo lenders 39 lenders. Loans above the conforming limit for higher priced homes Local lenders based in MN 41 lenders headquartered in Minnesota, the closest thing to a mortgage lender near you

Who Lends in Minnetonka, MN

Independent mortgage companies closed 46.8 percent of home loans in Minnetonka, Minnesota in 2025, banks 40.6 percent and credit unions 12.6 percent. Luminate Home Loans, Inc. was the largest mortgage company, US Bank, N.A. the largest bank and Trustone Financial Credit Union the largest credit union. Among lenders headquartered in Minnesota, Wells Fargo Bank NA led with 14 loans.

46.8%

Mortgage companies

40.6%

Banks

12.6%

Credit unions

FHA loans

VA 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

All Minnesota lenders 711 lenders Minneapolis 297 lenders St. Paul 252 lenders Rochester 198 lenders Lakeville 187 lenders Woodbury 186 lenders Maple Grove 180 lenders Duluth 168 lenders Blaine 180 lenders Plymouth 187 lenders Bloomington 163 lenders St. Cloud 152 lenders Brooklyn Park 153 lenders

Frequently Asked Questions About Mortgage Lenders in Minnetonka, MN

Who is the largest mortgage lender in Minnetonka, MN?

By home loans closed in 2025, US Bank, N.A. was the largest mortgage lender in Minnetonka, Minnesota with 40 loans, about 4.6 percent of the market. The largest lender headquartered in Minnesota was Wells Fargo Bank NA with 14 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.

Which mortgage lenders in Minnetonka, MN have the highest approval rates?

Among lenders with meaningful volume in Minnetonka, Minnesota, Bell Bank approved the highest share of completed applications in 2025 at 98.8 percent, against a 90.6 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.

Which Minnetonka, MN mortgage lenders offer FHA, VA and USDA loans?

19 lenders closed FHA loans in Minnetonka, Minnesota in 2025, led by Bell Bank with 4. 19 lenders closed VA loans, led by United Wholesale 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.

Are credit unions and local banks included in this Minnetonka, MN lender list?

Yes. 74 banks and 25 credit unions closed home loans in Minnetonka, Minnesota in 2025, alongside 74 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.

How are mortgage lenders in Minnetonka, MN ranked on this page?

Lenders are ranked only by the number of home loans they closed in Minnetonka, 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 Minnetonka, 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 Minnetonka. 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.