Mortgage Lenders and Brokers in North Mankato, 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
North Mankato, Minnesota mortgage lenders include Frandsen Bank & TrustFrandsen Bank & Trust1661 Commerce Dr, North Mankato, MN 56003A+5.0 ★Texas Ratio: 5.91%, Pioneer BankPioneer Bank1735 Commerce Dr, North Mankato, MN 56003A+5.0 ★Texas Ratio: 4.73%, Minnesota Valley Federal Credit UnionMinnesota Valley Federal Credit Union100 Memorial View Ct, Mankato, MN 56001, Luminate BankLuminate Bank208 W Front St, Claremont, MN 55924A5.0 ★Texas Ratio: 11.06%, Community Bank MankatoCommunity Bank Mankato203 E Maine St, Amboy, MN 56010B+4.7 ★Texas Ratio: 19.05%, Affinity Plus Federal Credit UnionAffinity Plus Federal Credit Union1719 W Main St, Albert Lea, MN 56007 4385A+5.0 ★Texas Ratio: 4.41%, Old National BankOld National Bank101 Minnesota Ave N, Aitkin, MN 56431A+5.0 ★Texas Ratio: 4.98%, US Bank, N.A.US Bank, N.A.331 S Broadway Ave, Albert Lea, MN 56007A+5.0 ★Texas Ratio: 2.85%, Bell BankBell Bank1001 Broadway St, Alexandria, MN 56308A+5.0 ★Texas Ratio: 3.66%, and MinnStar Bank National AssociationMinnStar Bank National Association202 N Main St, Lake Crystal, MN 56055A+5.0 ★Texas Ratio: 3.00%. 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 North Mankato, Minnesota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in North Mankato 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 North Mankato, Minnesota
Market share is the lender's share of all home loans closed in North Mankato, 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 North Mankato 1661 Commerce Dr, North Mankato, MN 56003 A+5.0 ★Texas Ratio: 5.91% |
Conventional | 9 | 3.5% | 81.8% | $190,555 | View |
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1 office in North Mankato 1735 Commerce Dr, North Mankato, MN 56003 A+5.0 ★Texas Ratio: 4.73% |
Conventional | 7 | 2.7% | 100% | $163,571 | View |
Minnesota Valley Federal Credit Union
100 Memorial View Ct, Mankato, MN 56001 |
Conventional | 17 | 6.6% | 100% | $163,823 | |
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208 W Front St, Claremont, MN 55924 A5.0 ★Texas Ratio: 11.06% |
Conventional, FHA | 12 | 4.7% | 92.3% | $261,666 | View |
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203 E Maine St, Amboy, MN 56010 B+4.7 ★Texas Ratio: 19.05% |
Conventional | 11 | 4.3% | 100% | $215,000 | View |
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1719 W Main St, Albert Lea, MN 56007 4385 A+5.0 ★Texas Ratio: 4.41% |
Conventional, HELOC | 9 +2 HELOCs |
3.5% | 90% | $120,555 | View |
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101 Minnesota Ave N, Aitkin, MN 56431 A+5.0 ★Texas Ratio: 4.98% |
Conventional, FHA, HELOC | 8 +3 HELOCs |
3.1% | 100% | $287,500 | View |
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331 S Broadway Ave, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 2.85% |
Conventional, HELOC | 6 +4 HELOCs |
2.3% | 85.7% | $210,000 | View |
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1001 Broadway St, Alexandria, MN 56308 A+5.0 ★Texas Ratio: 3.66% |
Conventional | 4 | 1.6% | 100% | $435,000 | View |
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202 N Main St, Lake Crystal, MN 56055 A+5.0 ★Texas Ratio: 3.00% |
Conventional | 4 | 1.6% | 80% | $212,500 | View |
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122 E Main St, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 5.36% |
Conventional, VA | 4 | 1.6% | 100% | $295,000 | View |
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1420 White Oak Dr, Chaska, MN 55318 A5.0 ★Texas Ratio: 11.00% |
Conventional | 3 | 1.2% | 100% | $261,666 | View |
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2630 Bridge Ave, Albert Lea, MN 56007 A5.0 ★Texas Ratio: 12.61% |
Conventional | 3 | 1.2% | 75% | $238,333 | View |
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1600 Monroe Drive, Carver, MN 55315 A+5.0 ★Texas Ratio: 3.53% |
Conventional | 2 | 0.8% | 100% | $140,000 | View |
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113 N Main St, Belview, MN 56214 A+5.0 ★Texas Ratio: 5.77% |
Conventional | 2 | 0.8% | 100% | $290,000 | View |
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201 W Main St, Belle Plaine, MN 56011 A5.0 ★Texas Ratio: 8.50% |
Conventional | 2 | 0.8% | 100% | $230,000 | View |
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405 E Main St, Anoka, MN 55303 A+5.0 ★Texas Ratio: 3.66% |
Conventional | 1 | 0.4% | 100% | $75,000 | View |
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155 1st Ave SW, Rochester, MN 55902 A+5.0 ★Texas Ratio: 0.16% |
Conventional | 1 | 0.4% | 100% | $65,000 | View |
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641 Railroad Ave, Albany, MN 56307 A+5.0 ★Texas Ratio: 1.40% |
Conventional | 1 | 0.4% | 100% | $105,000 | View |
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900 American Blvd W, Bloomington, MN 55420 A5.0 ★Texas Ratio: 6.54% |
Conventional | 1 | 0.4% | 100% | $245,000 | View |
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208 W Front St, Claremont, MN 55924 A5.0 ★Texas Ratio: 11.06% |
Conventional | 1 | 0.4% | 100% | $205,000 | View |
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1800 Commerce Dr Ste A, North Mankato, MN 56003 A+5.0 ★Texas Ratio: 1.13% |
Conventional | 1 | 0.4% | 100% | $65,000 | View |
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7667 10th St N, Oakdale, MN 55128 A+5.0 ★Texas Ratio: 2.38% |
Conventional | 1 | 0.4% | 100% | $185,000 | View |
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11800 Aberdeen St Ne, Blaine, MN 55449 C+4.1 ★Texas Ratio: 26.29% |
Conventional | 1 | 0.4% | 100% | $25,000 | View |
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7760 France Ave S, Bloomington, MN 55435 A+5.0 ★Texas Ratio: 3.45% |
Conventional | 1 | 0.4% | 100% | $645,000 | View |
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412 E Main St, Ada, MN 56510 A+5.0 ★Texas Ratio: 3.54% |
Conventional | 1 | 0.4% | 100% | $695,000 | View |
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10 Northtown Dr NE, Blaine, MN 55434 1033 A5.0 ★Texas Ratio: 6.19% |
Conventional | 1 | 0.4% | 100% | $85,000 | View |
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15103 Cedar Ave, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 3.68% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Cambria Financial Group
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Conventional, FHA | 2 | 0.8% | 100% | $205,000 | |
Servion
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Conventional | 1 | 0.4% | 100% | $245,000 | |
Bremer Bank NA
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
United Wholesale Mortgage
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Conventional, FHA, VA | 59 | 22.9% | 89.4% | $287,711 | |
CrossCountry Mortgage, LLC
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Conventional, FHA, VA | 24 | 9.3% | 100% | $260,833 | |
Rocket Mortgage
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Conventional, FHA, VA | 12 | 4.7% | 100% | $259,166 | |
Triad Financial Services, Inc.
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Conventional | 3 | 1.2% | 56.2% | $65,000 | |
Prosperity Home Mortgage, LLC
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Conventional | 3 | 1.2% | 100% | $208,333 | |
Guaranteed Rate Affinity, LLC
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Conventional | 2 | 0.8% | 100% | $75,000 | |
Guaranteed Rate, Inc.
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Conventional, VA | 2 | 0.8% | 100% | $255,000 | |
Amerisave Mortgage Company
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FHA | 2 | 0.8% | 100% | $130,000 | |
Mortgage Research Center
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VA | 2 | 0.8% | 66.7% | $215,000 | |
Mutual of Omaha Mortgage
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Conventional | 2 | 0.8% | 100% | $125,000 | |
Navy Federal Credit Union
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Conventional | 2 | 0.8% | 66.7% | $190,000 | |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 2 | 0.8% | 100% | $190,000 | View |
Mason-McDuffie Mortgage Corporation
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Conventional, FHA | 2 | 0.8% | 100% | $275,000 | |
Plaza Home Mortgage, Inc
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Conventional | 2 | 0.8% | 66.7% | $430,000 | |
Primelending
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Conventional | 1 | 0.4% | 100% | $235,000 | |
Everett Financial, Inc.
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Conventional | 1 | 0.4% | 100% | $175,000 | |
Newrez LLC
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FHA | 1 | 0.4% | 100% | $175,000 | |
Nbkc Bank
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Conventional | 1 | 0.4% | 100% | $535,000 | |
Compeer Financial
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Conventional | 1 | 0.4% | 100% | $95,000 | |
PHH Mortgage Corporation
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Conventional | 1 | 0.4% | 100% | $285,000 | |
Loanunited.Com, LLC
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FHA | 1 | 0.4% | 100% | $185,000 | |
Filo Mortgage, LLC
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FHA | 1 | 0.4% | 100% | $235,000 | |
Cmg Mortgage Inc
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Conventional | 1 | 0.4% | 100% | $295,000 | |
Sun West Mortgage Company, Inc
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Conventional | 1 | 0.4% | 100% | $245,000 | |
Nations Lending Corporation
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Conventional | 1 | 0.4% | 100% | $245,000 | |
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A+5.0 ★Texas Ratio: 2.20% |
VA | 1 | 0.4% | 100% | $345,000 | View |
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A+5.0 ★Texas Ratio: 3.68% |
Conventional | 1 | 0.4% | 100% | $235,000 | View |
Nationstar Mortgage
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FHA | 1 | 0.4% | 100% | $75,000 | |
Pentagon Federal Credit Union
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Conventional | 1 | 0.4% | 100% | $605,000 | |
Citadel Servicing Corporation
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Conventional | 1 | 0.4% | 100% | $265,000 | |
New American Funding, LLC.
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Conventional | 1 | 0.4% | 100% | $415,000 | |
The Loan Store, Inc
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Conventional | 1 | 0.4% | 100% | $205,000 | |
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A-5.0 ★Texas Ratio: 14.97% |
VA | 1 | 0.4% | 100% | $395,000 | View |
Consumers Credit Union
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Conventional | 1 | 0.4% | 100% | $235,000 | |
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C+4.1 ★Texas Ratio: 26.29% |
Conventional | 1 | 0.4% | 16.7% | $35,000 | View |
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A5.0 ★Texas Ratio: 9.09% |
FHA | 1 | 0.4% | 100% | $265,000 | View |
Figure Lending LLC
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HELOC | 0 +4 HELOCs |
0% | n/a | ||
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
Goodleap, LLC
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Movement Mortgage, LLC
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
HomeBridge Financial Services, Inc
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
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★ 1.7 stars, 3 reviews A+5.0 ★Texas Ratio: 4.24% |
HELOC | 0 +1 HELOCs |
0% | n/a | View |
North Mankato 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 North Mankato, Minnesota
Looking for mortgage lenders near me or mortgage brokers near me in North Mankato? The list below shows the banks, credit unions and mortgage brokers that closed home loans in North Mankato in 2025, with lenders based there listed first.
Types of Mortgage Lenders in North Mankato, MN
Use these to narrow the list above. Each category shows how many North Mankato, MN lenders fit and what that kind of lender is usually best for.
Who Lends in North Mankato, MN
Independent mortgage companies closed 51.6 percent of home loans in North Mankato, Minnesota in 2025, banks 34.9 percent and credit unions 13.6 percent. Luminate Home Loans, Inc. was the largest mortgage company, Frandsen Bank & Trust the largest bank and Minnesota Valley Federal Credit Union the largest credit union. Among lenders headquartered in Minnesota, Frandsen Bank & Trust led with 9 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 North Mankato, MN
By home loans closed in 2025, Frandsen Bank & Trust was the largest mortgage lender in North Mankato, Minnesota with 9 loans, about 3.5 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Among lenders with meaningful volume in North Mankato, Minnesota, United Wholesale Mortgage approved the highest share of completed applications in 2025 at 89.4 percent, against a 90.1 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.
13 lenders closed FHA loans in North Mankato, Minnesota in 2025, led by United Wholesale Mortgage with 11. 8 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.
Yes. 30 banks and 10 credit unions closed home loans in North Mankato, Minnesota in 2025, alongside 33 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 North Mankato, 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 North Mankato, 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 North Mankato. 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.
