Mortgage Lenders and Brokers in Nisswa, 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
Nisswa, Minnesota mortgage lenders include First Western Bank & TrustFirst Western Bank & Trust23964 Smiley Rd, Nisswa, MN 56468A-5.0 ★Texas Ratio: 15.55%, Bell BankBell Bank1001 Broadway St, Alexandria, MN 56308A+5.0 ★Texas Ratio: 3.66%, Luminate BankLuminate Bank208 W Front St, Claremont, MN 55924A5.0 ★Texas Ratio: 11.06%, 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%, Granite BankGranite Bank11660 Theatre Dr N, Champlin, MN 55316A5.0 ★Texas Ratio: 13.85%, American National Bank of MinnesotaAmerican National Bank of Minnesota24052 Smiley Rd, Nisswa, MN 56468A5.0 ★Texas Ratio: 8.08%, Deerwood BankDeerwood Bank14986 Lynwood Dr, Baxter, MN 56425A+5.0 ★Texas Ratio: 4.01%, Trustone Financial Credit UnionTrustone Financial Credit Union2772 E 82nd St, Bloomington, MN 55425 1365A+5.0 ★Texas Ratio: 4.56%, and Merchants Bank, National AssociationMerchants Bank, National Association7300 147th St W, Apple Valley, MN 55124A+5.0 ★Texas Ratio: 3.28%. 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 Nisswa, Minnesota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Nisswa 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 Nisswa, Minnesota
Market share is the lender's share of all home loans closed in Nisswa, 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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2 offices in Nisswa 23964 Smiley Rd, Nisswa, MN 56468 A-5.0 ★Texas Ratio: 15.55% |
Conventional, VA, USDA | 8 | 6.6% | 100% | $308,750 | View |
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1001 Broadway St, Alexandria, MN 56308 A+5.0 ★Texas Ratio: 3.66% |
Conventional, Jumbo, HELOC | 5 +4 HELOCs |
4.1% | 100% | $587,000 | View |
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208 W Front St, Claremont, MN 55924 A5.0 ★Texas Ratio: 11.06% |
Conventional | 5 | 4.1% | 100% | $221,000 | View |
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331 S Broadway Ave, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 2.85% |
Conventional, HELOC | 4 +1 HELOCs |
3.3% | 80% | $267,500 | View |
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1719 W Main St, Albert Lea, MN 56007 4385 A+5.0 ★Texas Ratio: 4.41% |
Conventional, HELOC | 3 +1 HELOCs |
2.5% | 75% | $335,000 | View |
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11660 Theatre Dr N, Champlin, MN 55316 A5.0 ★Texas Ratio: 13.85% |
FHA, VA | 3 | 2.5% | 100% | $501,666 | View |
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24052 Smiley Rd, Nisswa, MN 56468 A5.0 ★Texas Ratio: 8.08% |
Conventional, Jumbo | 3 | 2.5% | 100% | $671,666 | View |
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14986 Lynwood Dr, Baxter, MN 56425 A+5.0 ★Texas Ratio: 4.01% |
Conventional, HELOC | 2 +6 HELOCs |
1.6% | 100% | $400,000 | View |
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2772 E 82nd St, Bloomington, MN 55425 1365 A+5.0 ★Texas Ratio: 4.56% |
Conventional, HELOC | 2 +3 HELOCs |
1.6% | 66.7% | $90,000 | View |
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7300 147th St W, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 3.28% |
Conventional, HELOC | 2 +1 HELOCs |
1.6% | 66.7% | $490,000 | View |
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22 1st St Ne, Bagley, MN 56621 A+5.0 ★Texas Ratio: 5.00% |
Conventional | 2 | 1.6% | 100% | $295,000 | View |
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122 E Main St, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 2 | 1.6% | 100% | $450,000 | View |
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11800 Aberdeen St Ne, Blaine, MN 55449 C+4.1 ★Texas Ratio: 26.29% |
Conventional | 2 | 1.6% | 100% | $200,000 | View |
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24110 Smiley Rd, Nisswa, MN 56468 A+5.0 ★Texas Ratio: 5.91% |
Conventional | 2 | 1.6% | 100% | $405,000 | View |
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101 Minnesota Ave N, Aitkin, MN 56431 A+5.0 ★Texas Ratio: 4.98% |
Conventional, HELOC | 1 +2 HELOCs |
0.8% | 100% | $175,000 | View |
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14985 Glazier Ave, Apple Valley, MN 55124 |
Conventional, HELOC | 1 +2 HELOCs |
0.8% | 100% | $255,000 | View |
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10 Northtown Dr NE, Blaine, MN 55434 1033 A5.0 ★Texas Ratio: 6.19% |
Conventional, HELOC | 1 +1 HELOCs |
0.8% | 100% | $275,000 | View |
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234 1st Ave E, Cambridge, MN 55008 A+5.0 ★Texas Ratio: 3.79% |
Conventional | 1 | 0.8% | 100% | $325,000 | View |
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11020 39th St N, Lake Elmo, MN 55042 A5.0 ★Texas Ratio: 7.45% |
Conventional | 1 | 0.8% | 100% | $805,000 | View |
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641 Railroad Ave, Albany, MN 56307 A+5.0 ★Texas Ratio: 1.40% |
Conventional | 1 | 0.8% | 100% | $325,000 | View |
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700 Paul Bunyan Dr Nw, Bemidji, MN 56601 A5.0 ★Texas Ratio: 6.75% |
Conventional | 1 | 0.8% | 100% | $465,000 | View |
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10901 Excelsior Blvd, Hopkins, MN 55343 A+5.0 ★Texas Ratio: 3.74% |
Conventional | 1 | 0.8% | 100% | $345,000 | 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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900 American Blvd W, Bloomington, MN 55420 A5.0 ★Texas Ratio: 6.54% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Tradition Mortgage, LLC
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Conventional | 4 | 3.3% | 100% | $462,500 | |
Servion
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Conventional, VA | 3 | 2.5% | 100% | $225,000 | |
Cambria Financial Group
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Conventional | 1 | 0.8% | 100% | $475,000 | |
Summit Mortgage Corporation
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Conventional | 1 | 0.8% | 100% | $365,000 | |
Bremer Bank NA
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HELOC | 0 +2 HELOCs |
0% | 0% | ||
Rocket Mortgage
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Conventional, VA | 8 | 6.6% | 88.9% | $337,500 | |
Plaza Home Mortgage, Inc
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Conventional | 6 | 4.9% | 100% | $375,000 | |
CrossCountry Mortgage, LLC
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Conventional, FHA | 4 | 3.3% | 100% | $345,000 | |
United Wholesale Mortgage
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Conventional, FHA, VA | 3 | 2.5% | 100% | $455,000 | |
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D3.3 ★Texas Ratio: 35.11% |
Conventional | 3 | 2.5% | 100% | $425,000 | View |
Mortgage Research Center
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VA | 3 | 2.5% | 50% | $291,666 | |
Everett Financial, Inc.
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Conventional | 2 | 1.6% | 100% | $485,000 | |
Newrez LLC
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Conventional | 2 | 1.6% | 100% | $165,000 | |
AdvantageFirst Lending Inc
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FHA, VA | 2 | 1.6% | 100% | $385,000 | |
Altra Federal Credit Union
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Conventional, Jumbo | 2 | 1.6% | 100% | $1,720,000 | |
American Pacific Mortgage Corporation
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Conventional, FHA | 2 | 1.6% | 100% | $465,000 | |
Prosperity Home Mortgage, LLC
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Conventional | 2 | 1.6% | 100% | $305,000 | |
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A+5.0 ★Texas Ratio: 2.82% |
Conventional | 2 | 1.6% | 100% | $285,000 | View |
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A-4.8 ★Texas Ratio: 12.33% |
Conventional, HELOC | 1 +1 HELOCs |
0.8% | 100% | $385,000 | View |
Navy Federal Credit Union
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VA, HELOC | 1 +1 HELOCs |
0.8% | 100% | $285,000 | |
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A+5.0 ★Texas Ratio: 4.11% |
Conventional | 1 | 0.8% | 100% | $125,000 | View |
Primelending
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Conventional | 1 | 0.8% | 100% | $215,000 | |
loanDepot.com LLC
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Conventional | 1 | 0.8% | 100% | $65,000 | |
Pennymac Loan Services LLC
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Conventional | 1 | 0.8% | 100% | $335,000 | |
Synergy One Lending, Inc.
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Conventional | 1 | 0.8% | 100% | $355,000 | |
Discover Bank
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Conventional | 1 | 0.8% | 100% | $35,000 | |
Nationstar Mortgage
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Conventional | 1 | 0.8% | 100% | $255,000 | |
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A+5.0 ★Texas Ratio: 5.11% |
Conventional | 1 | 0.8% | 100% | $435,000 | View |
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A-5.0 ★Texas Ratio: 14.93% |
Conventional, Jumbo | 1 | 0.8% | 100% | $1,495,000 | View |
Citadel Servicing Corporation
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Conventional, Jumbo | 1 | 0.8% | 100% | $1,945,000 | |
The Loan Store, Inc
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Conventional | 1 | 0.8% | 100% | $295,000 | |
Fairway Independent Mort Corp
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Conventional | 1 | 0.8% | 100% | $275,000 | |
State Departmenet Federal Credit Union
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Conventional | 1 | 0.8% | 100% | $105,000 | |
21St Mortgage
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Conventional | 1 | 0.8% | 100% | $225,000 | |
Paramount Residential Mortgage
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Conventional | 1 | 0.8% | 100% | $805,000 | |
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A+5.0 ★Texas Ratio: 5.55% |
Conventional, Jumbo | 1 | 0.8% | 100% | $805,000 | View |
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A5.0 ★Texas Ratio: 9.09% |
Conventional | 1 | 0.8% | 100% | $185,000 | View |
Guaranteed Rate, Inc.
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
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A+5.0 ★Texas Ratio: 5.44% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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A+5.0 ★Texas Ratio: 0.22% |
HELOC | 0 +1 HELOCs |
0% | n/a | View |
Nisswa 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 Nisswa, Minnesota
Looking for mortgage lenders near me or mortgage brokers near me in Nisswa? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Nisswa in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Nisswa, MN
Use these to narrow the list above. Each category shows how many Nisswa, MN lenders fit and what that kind of lender is usually best for.
Who Lends in Nisswa, MN
Independent mortgage companies closed 43.4 percent of home loans in Nisswa, Minnesota in 2025, banks 46.7 percent and credit unions 9.8 percent. Tradition Mortgage, LLC was the largest mortgage company, First Western Bank & Trust the largest bank and Affinity Plus Federal Credit Union the largest credit union. Among lenders headquartered in Minnesota, Luminate Bank led with 5 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 Nisswa, MN
By home loans closed in 2025, First Western Bank & Trust was the largest mortgage lender in Nisswa, Minnesota with 8 loans, about 6.6 percent of the market. The largest lender headquartered in Minnesota was Luminate Bank with 5 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
5 lenders closed FHA loans in Nisswa, Minnesota in 2025, led by Granite Bank with 1. 8 lenders closed VA loans, led by Mortgage Research Center, 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. 30 banks and 9 credit unions closed home loans in Nisswa, Minnesota in 2025, alongside 25 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 Nisswa, 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 Nisswa, 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 Nisswa. 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.
