Mortgage Lenders and Brokers in Pequot Lakes, 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
Pequot Lakes, Minnesota mortgage lenders include US Bank, N.A.US Bank, N.A.331 S Broadway Ave, Albert Lea, MN 56007A+5.0 ★Texas Ratio: 2.85%, National Bank of CommerceNational Bank of Commerce22 1st St Ne, Bagley, MN 56621A+5.0 ★Texas Ratio: 5.00%, Luminate BankLuminate Bank208 W Front St, Claremont, MN 55924A5.0 ★Texas Ratio: 11.06%, Granite BankGranite Bank11660 Theatre Dr N, Champlin, MN 55316A5.0 ★Texas Ratio: 13.85%, American National Bank of MinnesotaAmerican National Bank of Minnesota31279 Brunes St, Pequot Lakes, MN 56472A5.0 ★Texas Ratio: 8.08%, First Western Bank & TrustFirst Western Bank & Trust3313 Highway 29 S, Alexandria, MN 56308A-5.0 ★Texas Ratio: 15.55%, Affinity Plus Federal Credit UnionAffinity Plus Federal Credit Union1719 W Main St, Albert Lea, MN 56007 4385A+5.0 ★Texas Ratio: 4.41%, Bell BankBell Bank1001 Broadway St, Alexandria, MN 56308A+5.0 ★Texas Ratio: 3.66%, Wells Fargo Bank NAWells Fargo Bank NA122 E Main St, Albert Lea, MN 56007A+5.0 ★Texas Ratio: 5.36%, and Deerwood BankDeerwood Bank14986 Lynwood Dr, Baxter, MN 56425A+5.0 ★Texas Ratio: 4.01%. 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 Pequot Lakes, Minnesota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Pequot Lakes 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 Pequot Lakes, Minnesota
Market share is the lender's share of all home loans closed in Pequot Lakes, 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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331 S Broadway Ave, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 2.85% |
Conventional, HELOC | 9 +1 HELOCs |
7.1% | 75% | $243,888 | View |
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22 1st St Ne, Bagley, MN 56621 A+5.0 ★Texas Ratio: 5.00% |
Conventional | 8 | 6.3% | 100% | $266,250 | View |
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208 W Front St, Claremont, MN 55924 A5.0 ★Texas Ratio: 11.06% |
Conventional, FHA | 7 | 5.6% | 100% | $309,285 | View |
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11660 Theatre Dr N, Champlin, MN 55316 A5.0 ★Texas Ratio: 13.85% |
Conventional, FHA | 5 | 4% | 100% | $277,000 | View |
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31279 Brunes St, Pequot Lakes, MN 56472 A5.0 ★Texas Ratio: 8.08% |
Conventional | 4 | 3.2% | 100% | $155,000 | View |
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3313 Highway 29 S, Alexandria, MN 56308 A-5.0 ★Texas Ratio: 15.55% |
Conventional, Jumbo | 4 | 3.2% | 57.1% | $380,000 | 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 |
2.4% | 100% | $125,000 | View |
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1001 Broadway St, Alexandria, MN 56308 A+5.0 ★Texas Ratio: 3.66% |
Conventional | 3 | 2.4% | 100% | $355,000 | View |
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122 E Main St, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 5.36% |
Conventional, Jumbo | 3 | 2.4% | 75% | $661,666 | View |
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14986 Lynwood Dr, Baxter, MN 56425 A+5.0 ★Texas Ratio: 4.01% |
Conventional, HELOC | 2 +2 HELOCs |
1.6% | 100% | $290,000 | View |
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410 2nd St W, Ada, MN 56510 A+5.0 ★Texas Ratio: 5.91% |
Conventional | 2 | 1.6% | 100% | $200,000 | View |
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14985 Glazier Ave, Apple Valley, MN 55124 |
Conventional, HELOC | 1 +1 HELOCs |
0.8% | 100% | $205,000 | View |
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101 Minnesota Ave N, Aitkin, MN 56431 A+5.0 ★Texas Ratio: 4.98% |
Conventional | 1 | 0.8% | 100% | $505,000 | View |
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10225 115th Street NE, Gilman, MN 56333 A+5.0 ★Texas Ratio: 1.77% |
Conventional | 1 | 0.8% | 100% | $45,000 | View |
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21450 Forest Blvd N, Forest Lake, MN 55025 A+5.0 ★Texas Ratio: 0.92% |
Conventional | 1 | 0.8% | 100% | $355,000 | View |
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2772 E 82nd St, Bloomington, MN 55425 1365 A+5.0 ★Texas Ratio: 4.56% |
Conventional | 1 | 0.8% | 50% | $85,000 | View |
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6340 Merchant St, Askov, MN 55704 A+5.0 ★Texas Ratio: 3.46% |
Conventional | 1 | 0.8% | 100% | $795,000 | View |
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5600 La Centre Ave Ste 100, Albertville, MN 55301 4018 A+5.0 ★Texas Ratio: 3.54% |
Conventional | 1 | 0.8% | 100% | $325,000 | View |
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14800 Galaxie Ave Ste 105, Apple Valley, MN 55124 C+4.1 ★Texas Ratio: 25.60% |
Conventional | 1 | 0.8% | 100% | $145,000 | View |
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900 American Blvd W, Bloomington, MN 55420 A5.0 ★Texas Ratio: 6.54% |
Conventional, Jumbo | 1 | 0.8% | 100% | $885,000 | View |
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10901 Excelsior Blvd, Hopkins, MN 55343 A+5.0 ★Texas Ratio: 3.74% |
Conventional, Jumbo | 1 | 0.8% | 100% | $1,005,000 | 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 | 1 | 0.8% | 100% | $525,000 | View |
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10 Northtown Dr NE, Blaine, MN 55434 1033 A5.0 ★Texas Ratio: 6.19% |
Conventional | 1 | 0.8% | 50% | $75,000 | 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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3225 Denmark Ave, Eagan, MN 55121 1382 A+5.0 ★Texas Ratio: 5.61% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Servion
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Conventional, VA | 2 | 1.6% | 100% | $360,000 | |
Summit Mortgage Corporation
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Conventional | 1 | 0.8% | 100% | $305,000 | |
Rocket Mortgage
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Conventional | 7 | 5.6% | 75% | $252,142 | |
United Wholesale Mortgage
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Conventional | 3 | 2.4% | 100% | $358,333 | |
Primelending
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Conventional, USDA | 3 | 2.4% | 100% | $148,333 | |
Everett Financial, Inc.
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Conventional, FHA | 3 | 2.4% | 100% | $295,000 | |
American Pacific Mortgage Corporation
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Conventional, FHA | 3 | 2.4% | 100% | $378,333 | |
Mortgage Research Center
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VA | 3 | 2.4% | 100% | $388,333 | |
Prosperity Home Mortgage, LLC
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Conventional, FHA | 3 | 2.4% | 100% | $211,666 | |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 3 | 2.4% | 100% | $248,333 | View |
Plaza Home Mortgage, Inc
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Conventional | 3 | 2.4% | 75% | $498,333 | |
American Financial Resources LLC
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Conventional | 2 | 1.6% | 100% | $315,000 | |
Guaranteed Rate, Inc.
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Conventional | 2 | 1.6% | 100% | $265,000 | |
Compeer Financial
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Conventional | 2 | 1.6% | 100% | $430,000 | |
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D3.3 ★Texas Ratio: 35.11% |
Conventional | 2 | 1.6% | 100% | $270,000 | View |
Cardinal Financial Company, Li
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Conventional, FHA | 2 | 1.6% | 100% | $155,000 | |
Mutual of Omaha Mortgage
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FHA | 2 | 1.6% | 100% | $305,000 | |
SWBC Mortgage Corporation
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Conventional | 1 | 0.8% | 100% | $295,000 | |
Lakeview Loan Servicing, LLC
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FHA | 1 | 0.8% | 50% | $295,000 | |
Equity Prime Mortgage LLC
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FHA | 1 | 0.8% | 100% | $175,000 | |
PHH Mortgage Corporation
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Conventional | 1 | 0.8% | 100% | $275,000 | |
AdvantageFirst Lending Inc
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FHA | 1 | 0.8% | 100% | $245,000 | |
Spirit of Alaska Federal Credit Union
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Conventional | 1 | 0.8% | 100% | $225,000 | |
Homeowners Financial Group, LLC
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Conventional | 1 | 0.8% | 100% | $205,000 | |
New Day Financial, LLC.
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VA | 1 | 0.8% | 100% | $265,000 | |
Nations Lending Corporation
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Conventional | 1 | 0.8% | 100% | $495,000 | |
Integrity Home Mortgage Corporation
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Conventional | 1 | 0.8% | 100% | $205,000 | |
Iowa Bankers Mortgage Corporation
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Conventional | 1 | 0.8% | 100% | $375,000 | |
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A-4.8 ★Texas Ratio: 12.33% |
Conventional | 1 | 0.8% | 100% | $495,000 | View |
Lower, LLC
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Conventional | 1 | 0.8% | 100% | $275,000 | |
Compass Mortgage, Inc.
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Conventional | 1 | 0.8% | 100% | $125,000 | |
Fairway Independent Mort Corp
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VA | 1 | 0.8% | 100% | $425,000 | |
Paramount Residential Mortgage
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Conventional | 1 | 0.8% | 100% | $465,000 | |
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C+4.1 ★Texas Ratio: 25.91% |
Conventional | 1 | 0.8% | 100% | $265,000 | View |
Ark-La-Tex Financial Services LLC
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Conventional | 1 | 0.8% | 100% | $135,000 | |
Figure Lending LLC
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
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A5.0 ★Texas Ratio: 6.31% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Empeople Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Better Mortgage Corporation
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +1 HELOCs |
0% | n/a | View |
Pequot Lakes 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 Pequot Lakes, Minnesota
Looking for mortgage lenders near me or mortgage brokers near me in Pequot Lakes? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Pequot Lakes in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Pequot Lakes, MN
Use these to narrow the list above. Each category shows how many Pequot Lakes, MN lenders fit and what that kind of lender is usually best for.
Who Lends in Pequot Lakes, MN
Independent mortgage companies closed 42.1 percent of home loans in Pequot Lakes, Minnesota in 2025, banks 50 percent and credit unions 7.9 percent. Servion was the largest mortgage company, US Bank, N.A. the largest bank and Affinity Plus Federal Credit Union the largest credit union. Among lenders headquartered in Minnesota, Luminate Bank led with 7 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 Pequot Lakes, MN
By home loans closed in 2025, US Bank, N.A. was the largest mortgage lender in Pequot Lakes, Minnesota with 9 loans, about 7.1 percent of the market. The largest lender headquartered in Minnesota was Luminate Bank with 7 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
10 lenders closed FHA loans in Pequot Lakes, Minnesota in 2025, led by Granite Bank with 3. 4 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. 23 banks and 11 credit unions closed home loans in Pequot Lakes, Minnesota in 2025, alongside 31 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 Pequot Lakes, 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 Pequot Lakes, 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 Pequot Lakes. 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.
