Mortgage Lenders and Brokers in Pine City, 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
Pine City, Minnesota mortgage lenders include Frandsen Bank & TrustFrandsen Bank & Trust560 3rd Ave Se, Pine City, MN 55063A+5.0 ★Texas Ratio: 5.91%, US Bank, N.A.US Bank, N.A.625 Hillside Ave Sw, Pine City, MN 55063A+5.0 ★Texas Ratio: 2.85%, Blaze Credit UnionBlaze Credit Union900 Main St S, Pine City, MN 55063A5.0 ★Texas Ratio: 6.19%, Northview BankNorthview Bank6340 Merchant St, Askov, MN 55704A+5.0 ★Texas Ratio: 3.46%, Affinity Plus Federal Credit UnionAffinity Plus Federal Credit Union1719 W Main St, Albert Lea, MN 56007 4385A+5.0 ★Texas Ratio: 4.41%, Neighborhood National BankNeighborhood National Bank15 Minnesota Ave S, Aitkin, MN 56431B4.5 ★Texas Ratio: 21.20%, 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%, Alerus Financial NAAlerus Financial NA143 W Clark St, Albert Lea, MN 56007A+5.0 ★Texas Ratio: 3.32%, and Bell BankBell Bank1001 Broadway St, Alexandria, MN 56308A+5.0 ★Texas Ratio: 3.66%. 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 Pine City, Minnesota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Pine City 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 Pine City, Minnesota
Market share is the lender's share of all home loans closed in Pine City, 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 Pine City 560 3rd Ave Se, Pine City, MN 55063 A+5.0 ★Texas Ratio: 5.91% |
Conventional | 6 | 8.2% | 100% | $243,333 | View |
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1 office in Pine City 625 Hillside Ave Sw, Pine City, MN 55063 A+5.0 ★Texas Ratio: 2.85% |
Conventional | 3 | 4.1% | 75% | $41,666 | View |
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900 Main St S, Pine City, MN 55063 A5.0 ★Texas Ratio: 6.19% |
Conventional, HELOC | 11 +6 HELOCs |
15.1% | 86.7% | $120,454 | View |
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6340 Merchant St, Askov, MN 55704 A+5.0 ★Texas Ratio: 3.46% |
Conventional | 4 | 5.5% | 100% | $172,500 | 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 |
4.1% | 100% | $61,666 | View |
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15 Minnesota Ave S, Aitkin, MN 56431 B4.5 ★Texas Ratio: 21.20% |
Conventional | 2 | 2.7% | 66.7% | $195,000 | View |
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208 W Front St, Claremont, MN 55924 A5.0 ★Texas Ratio: 11.06% |
Conventional, VA | 2 | 2.7% | 100% | $205,000 | View |
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11660 Theatre Dr N, Champlin, MN 55316 A5.0 ★Texas Ratio: 13.85% |
Conventional, FHA | 2 | 2.7% | 100% | $130,000 | View |
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143 W Clark St, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 3.32% |
Conventional | 1 | 1.4% | 100% | $325,000 | View |
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1001 Broadway St, Alexandria, MN 56308 A+5.0 ★Texas Ratio: 3.66% |
Conventional | 1 | 1.4% | 100% | $15,000 | View |
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108 Minnesota Ave N, Aitkin, MN 56431 1410 A5.0 ★Texas Ratio: 10.43% |
Conventional | 1 | 1.4% | 50% | $205,000 | View |
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2121 Station Pkwy NW, Andover, MN 55304 A+5.0 ★Texas Ratio: 2.50% |
Conventional | 1 | 1.4% | 50% | $35,000 | View |
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122 E Main St, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 5.36% |
VA | 1 | 1.4% | 50% | $285,000 | 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 | 1.4% | 100% | $25,000 | View |
Minnesota Valley Federal Credit Union
100 Memorial View Ct, Mankato, MN 56001 |
Conventional | 1 | 1.4% | 100% | $235,000 | |
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240 North Rd, Cloquet, MN 55720 A+5.0 ★Texas Ratio: 5.99% |
FHA | 1 | 1.4% | 100% | $155,000 | View |
Tradition Mortgage, LLC
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Conventional | 1 | 1.4% | 100% | $595,000 | |
Rocket Mortgage
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Conventional, FHA | 4 | 5.5% | 66.7% | $152,500 | |
Mortgage Research Center
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VA | 3 | 4.1% | 100% | $241,666 | |
Guaranteed Rate, Inc.
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Conventional, FHA | 2 | 2.7% | 100% | $155,000 | |
Guild Mortgage Company
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Conventional, FHA | 2 | 2.7% | 100% | $205,000 | |
Lower, LLC
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Conventional, FHA | 2 | 2.7% | 100% | $230,000 | |
Mason-McDuffie Mortgage Corporation
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Conventional, FHA | 2 | 2.7% | 100% | $135,000 | |
United Wholesale Mortgage
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FHA | 1 | 1.4% | 100% | $195,000 | |
American Financial Resources LLC
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VA | 1 | 1.4% | 100% | $195,000 | |
Everett Financial, Inc.
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Conventional | 1 | 1.4% | 100% | $255,000 | |
Pennymac Loan Services LLC
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VA | 1 | 1.4% | 100% | $235,000 | |
loanDepot.com LLC
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Conventional | 1 | 1.4% | 100% | $185,000 | |
AdvantageFirst Lending Inc
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FHA | 1 | 1.4% | 100% | $255,000 | |
Cmg Mortgage Inc
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FHA | 1 | 1.4% | 100% | $215,000 | |
Discover Bank
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Conventional | 1 | 1.4% | 100% | $55,000 | |
Sun West Mortgage Company, Inc
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FHA | 1 | 1.4% | 100% | $265,000 | |
Union Home Mortgage Corp.
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Conventional | 1 | 1.4% | 100% | $105,000 | |
Cardinal Financial Company, Li
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Conventional | 1 | 1.4% | 100% | $205,000 | |
Nationstar Mortgage
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Conventional | 1 | 1.4% | 100% | $45,000 | |
New American Funding, LLC.
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VA | 1 | 1.4% | 100% | $475,000 | |
Fairway Independent Mort Corp
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Conventional | 1 | 1.4% | 100% | $335,000 | |
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A-5.0 ★Texas Ratio: 15.06% |
Conventional | 1 | 1.4% | 100% | $445,000 | View |
Paramount Residential Mortgage
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USDA | 1 | 1.4% | 50% | $165,000 | |
Goodleap, LLC
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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 | |
Spring Eq, LLC
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HELOC | 0 +1 HELOCs |
0% | n/a |
Pine City 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 Pine City, Minnesota
Looking for mortgage lenders near me or mortgage brokers near me in Pine City? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Pine City in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Pine City, MN
Use these to narrow the list above. Each category shows how many Pine City, MN lenders fit and what that kind of lender is usually best for.
Who Lends in Pine City, MN
Independent mortgage companies closed 41.1 percent of home loans in Pine City, Minnesota in 2025, banks 34.2 percent and credit unions 24.7 percent. Tradition Mortgage, LLC was the largest mortgage company, Frandsen Bank & Trust the largest bank and Blaze Credit Union the largest credit union. Among lenders headquartered in Minnesota, Frandsen Bank & Trust led with 6 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 Pine City, MN
By home loans closed in 2025, Frandsen Bank & Trust was the largest mortgage lender in Pine City, Minnesota with 6 loans, about 8.2 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
11 lenders closed FHA loans in Pine City, Minnesota in 2025, led by Granite Bank with 1. 6 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. 13 banks and 6 credit unions closed home loans in Pine City, Minnesota in 2025, alongside 23 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 Pine City, 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 Pine City, 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 Pine City. 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.
