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Mortgage Lenders and Brokers in Rochester, Minnesota

Content reviewed by

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

Rochester, Minnesota mortgage lenders include Think Mutual BankThink Mutual Bank5201 Members Pkwy Nw, Rochester, MN 55901A+5.0 ★Texas Ratio: 0.90%, Mayo Employees Federal Credit UnionMayo Employees Federal Credit Union155 1st Ave SW, Rochester, MN 55902A+5.0 ★Texas Ratio: 0.16%, US Bank, N.A.US Bank, N.A.2665 Commerce Dr Nw, Rochester, MN 55901A+5.0 ★Texas Ratio: 2.85%, First Alliance Credit UnionFirst Alliance Credit Union501 16th St SE, Rochester, MN 55904A5.0 ★Texas Ratio: 7.96%, Alerus Financial NAAlerus Financial NA2048 Superior Dr Nw, Rochester, MN 55901A+5.0 ★Texas Ratio: 3.32%, Merchants Bank, National AssociationMerchants Bank, National Association1600 Greenview Dr Sw, Rochester, MN 55902A+5.0 ★Texas Ratio: 3.28%, Foresight BankForesight Bank1921 Highway 52 North, Rochester, MN 55901C-3.7 ★Texas Ratio: 31.20%, Old National BankOld National Bank45 28th St Se, Rochester, MN 55904A+5.0 ★Texas Ratio: 4.98%, F & M Community Bank, N.A.F & M Community Bank, N.A.1820 W Frontage Road, Rochester, MN 55901A+5.0 ★Texas Ratio: 0.00%, and Wells Fargo Bank NAWells Fargo Bank NA209 E Center St, Rochester, MN 55904A+5.0 ★Texas Ratio: 5.36%. 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 Rochester, Minnesota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Rochester 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 Rochester, Minnesota

Market share is the lender's share of all home loans closed in Rochester, 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
Think Mutual Bank 5 offices in Rochester 5201 Members Pkwy Nw, Rochester, MN 55901 A+5.0 ★Texas Ratio: 0.90%	Conventional, Jumbo, HELOC	280 +55 HELOCs	11.7%	91.4%	$331,428	View
Mayo Employees Federal Credit Union 155 1st Ave SW, Rochester, MN 55902 A+5.0 ★Texas Ratio: 0.16%	Conventional, Jumbo	124	5.2%	86.7%	$205,241	View
US Bank, N.A. 3 offices in Rochester 2665 Commerce Dr Nw, Rochester, MN 55901 A+5.0 ★Texas Ratio: 2.85%	Conventional, FHA, VA, Jumbo, HELOC	94 +27 HELOCs	3.9%	82%	$304,148	View
First Alliance Credit Union 501 16th St SE, Rochester, MN 55904 A5.0 ★Texas Ratio: 7.96%	Conventional	88	3.7%	82.5%	$126,704	View
Alerus Financial NA 3 offices in Rochester 2048 Superior Dr Nw, Rochester, MN 55901 A+5.0 ★Texas Ratio: 3.32%	Conventional, FHA, Jumbo, HELOC	75 +62 HELOCs	3.1%	95.1%	$430,866	View
Merchants Bank, National Association 2 offices in Rochester 1600 Greenview Dr Sw, Rochester, MN 55902 A+5.0 ★Texas Ratio: 3.28%	Conventional, FHA, VA, Jumbo, HELOC	50 +29 HELOCs	2.1%	96.2%	$444,800	View
Foresight Bank 1 office in Rochester 1921 Highway 52 North, Rochester, MN 55901 C-3.7 ★Texas Ratio: 31.20%	Conventional, Jumbo	36	1.5%	92.7%	$363,888	View
Old National Bank 2 offices in Rochester 45 28th St Se, Rochester, MN 55904 A+5.0 ★Texas Ratio: 4.98%	Conventional, FHA, Jumbo, HELOC	30 +20 HELOCs	1.3%	96.8%	$481,000	View
F & M Community Bank, N.A. 1 office in Rochester 1820 W Frontage Road, Rochester, MN 55901 A+5.0 ★Texas Ratio: 0.00%	Conventional	21	0.9%	100%	$245,952	View
Wells Fargo Bank NA 4 offices in Rochester 209 E Center St, Rochester, MN 55904 A+5.0 ★Texas Ratio: 5.36%	Conventional, FHA	19	0.8%	90.9%	$230,789	View
Eagle Rock Bank 975 34th Ave Nw, Rochester, MN 55901 A5.0 ★Texas Ratio: 6.92%	Conventional, Jumbo	18	0.8%	100%	$356,666	View
Associated Bank NA 3 offices in Rochester 101 1st Ave Sw, Rochester, MN 55902 A+5.0 ★Texas Ratio: 3.45%	Conventional, Jumbo, HELOC	17 +18 HELOCs	0.7%	94.4%	$409,117	View
Manufacturers Bank & Trust Co 1 office in Rochester 4408 Highway 52 N, Rochester, MN 55901 A+5.0 ★Texas Ratio: 5.80%	Conventional	16	0.7%	100%	$256,875	View
Sterling State Bank 2 offices in Rochester 10 25th St Se, Rochester, MN 55904 A4.9 ★Texas Ratio: 4.52%	Conventional, Jumbo	15	0.6%	93.8%	$301,000	View
Premier Bank Minnesota 4 offices in Rochester 3750 E Frontage Road Highway 52 Nw, Rochester, MN 55901 A+5.0 ★Texas Ratio: 0.36%	Conventional, Jumbo	12	0.5%	100%	$243,333	View
Coulee Bank 1 office in Rochester 1110 6th St Nw, Rochester, MN 55901 C+4.1 ★Texas Ratio: 25.60%	Conventional	9	0.4%	100%	$242,777	View
Minnwest Bank 2 offices in Rochester 331 16th Ave Nw, Rochester, MN 55901 A+5.0 ★Texas Ratio: 5.77%	Conventional, Jumbo, HELOC	3 +2 HELOCs	0.1%	100%	$575,000	View
West Bank 1 office in Rochester 2188 Superior Dr Nw, Rochester, MN 55901 A+5.0 ★Texas Ratio: 0.00%	Conventional	2	0.1%	66.7%	$280,000	View
Bell Bank 1001 Broadway St, Alexandria, MN 56308 A+5.0 ★Texas Ratio: 3.66%	Conventional, FHA, VA, Jumbo, HELOC	107 +9 HELOCs	4.5%	93%	$251,635	View
Affinity Plus Federal Credit Union 3482 55th St NW, Rochester, MN 55901 0123 A+5.0 ★Texas Ratio: 4.41%	Conventional, HELOC	57 +16 HELOCs	2.4%	84.1%	$111,491	View
Frandsen Bank & Trust 410 2nd St W, Ada, MN 56510 A+5.0 ★Texas Ratio: 5.91%	Conventional, Jumbo	21	0.9%	100%	$245,476	View
Peoples State Bank of Plainview 411 N Main St, Altura, MN 55910 A-4.7 ★Texas Ratio: 9.93%	Conventional, Jumbo	19	0.8%	95%	$229,210	View
Granite Bank 11660 Theatre Dr N, Champlin, MN 55316 A5.0 ★Texas Ratio: 13.85%	Conventional, FHA, Jumbo	18	0.8%	100%	$313,888	View
Huntington National Bank 405 E Main St, Anoka, MN 55303 A+5.0 ★Texas Ratio: 3.66%	Conventional	15	0.6%	93.8%	$376,333	View
First Security Bank 316 Byron Ave N, Byron, MN 55920 C3.9 ★Texas Ratio: 28.08%	Conventional, Jumbo	14	0.6%	100%	$435,000	View
Wings Financial Credit Union 4287 W Circle Dr NW, Rochester, MN 55901	Conventional, HELOC	7 +3 HELOCs	0.3%	100%	$405,000	View
JPMorgan Chase Bank, NA 15103 Cedar Ave, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 3.68%	Conventional, HELOC	7 +1 HELOCs	0.3%	87.5%	$357,857	View
Trustone Financial Credit Union 2772 E 82nd St, Bloomington, MN 55425 1365 A+5.0 ★Texas Ratio: 4.56%	Conventional	5	0.2%	71.4%	$225,000	View
Bank of America NA 7510 147th St W, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 4.14%	Conventional, HELOC	4 +3 HELOCs	0.2%	100%	$415,000	View
Blaze Credit Union 10 Northtown Dr NE, Blaine, MN 55434 1033 A5.0 ★Texas Ratio: 6.19%	Conventional, HELOC	4 +2 HELOCs	0.2%	66.7%	$195,000	View
Park State Bank 221 Main St N, Biwabik, MN 55708 A+5.0 ★Texas Ratio: 5.68%	Conventional	4	0.2%	80%	$215,000	View
Highland Bank 11800 Aberdeen St Ne, Blaine, MN 55449 C+4.1 ★Texas Ratio: 26.29%	Conventional	3	0.1%	100%	$138,333	View
Ideal Credit Union 3225 Denmark Ave, Eagan, MN 55121 1382 A+5.0 ★Texas Ratio: 5.61%	Conventional, HELOC	2 +1 HELOCs	0.1%	100%	$120,000	View
Luminate Bank 208 W Front St, Claremont, MN 55924 A5.0 ★Texas Ratio: 11.06%	Conventional, FHA	2	0.1%	100%	$140,000	View
HomeTown Bank 1600 Monroe Drive, Carver, MN 55315 A+5.0 ★Texas Ratio: 3.53%	Conventional, Jumbo	2	0.1%	100%	$540,000	View
First National Bank 109 N St Paul Ave, Fulda, MN 56131 A5.0 ★Texas Ratio: 9.42%	Conventional	2	0.1%	100%	$285,000	View
Heritage Bank NA 242 N 1st St, Pennock, MN 56279 C-3.6 ★Texas Ratio: 31.27%	Conventional, FHA	2	0.1%	100%	$135,000	View
First Bank & Trust 234 1st Ave E, Cambridge, MN 55008 A+5.0 ★Texas Ratio: 3.79%	Conventional	1	0%	100%	$165,000	View
North Shore Bank of Commerce 4801 E Superior St, Duluth, MN 55804 A+5.0 ★Texas Ratio: 1.35%	Conventional	1	0%	100%	$335,000	View
Bankwest 311 10th Ave S, Buffalo, MN 55313 A+5.0 ★Texas Ratio: 3.09%	Conventional	1	0%	100%	$245,000	View
Bankvista 1420 White Oak Dr, Chaska, MN 55318 A5.0 ★Texas Ratio: 11.00%	Conventional	1	0%	100%	$75,000	View
WNB Financial Dodge And Belvidere, Kellogg, MN 55945 A+5.0 ★Texas Ratio: 0.47%	Conventional	1	0%	100%	$155,000	View
St. Cloud Financial Credit Union 5600 La Centre Ave Ste 100, Albertville, MN 55301 4018 A+5.0 ★Texas Ratio: 3.54%	Conventional	1	0%	100%	$285,000	View
Community Resource Bank 1230 4th St S, Cannon Falls, MN 55009 A5.0 ★Texas Ratio: 7.12%	Conventional	1	0%	100%	$205,000	View
The Bank of Elk River 630 Main St Nw, Elk River, MN 55330 A-4.8 ★Texas Ratio: 10.95%	Conventional	1	0%	100%	$265,000	View
Alliance Bank 112 Broadway, Hanska, MN 56041 A+5.0 ★Texas Ratio: 0.05%	Conventional	1	0%	100%	$205,000	View
New Market Bank 101 Old Town Rd, Elko New Market, MN 55054 A+5.0 ★Texas Ratio: 0.00%	Conventional	1	0%	100%	$175,000	View
Luminate Home Loans, Inc. 208 W Front St, Claremont, MN 55924 A5.0 ★Texas Ratio: 11.06%	Conventional	1	0%	100%	$565,000	View
First Independence Bank 3430 University Ave Se, Minneapolis, MN 55414 A+5.0 ★Texas Ratio: 4.91%	Conventional, Jumbo	1	0%	100%	$1,155,000	View
First State Bank and Trust 950 Highway 95 N, Bayport, MN 55003 A+5.0 ★Texas Ratio: 0.25%	Conventional	1	0%	100%	$245,000	View
Citizens Community Federal N.A. 2630 Bridge Ave, Albert Lea, MN 56007 A5.0 ★Texas Ratio: 12.61%	Conventional	1	0%	100%	$495,000	View
Citizens Bank Minnesota 102 S Broadway, La Salle, MN 56056 A+5.0 ★Texas Ratio: 0.16%	Conventional	1	0%	100%	$65,000	View
Heritage Bank Minnesota 37470 1st Avenue Ct, Dennison, MN 55018 A-4.4 ★Texas Ratio: 8.07%	Conventional	1	0%	100%	$55,000	View
First National Bank Minnesota 201 W Main St, Belle Plaine, MN 56011 A5.0 ★Texas Ratio: 8.50%	Conventional	1	0%	100%	$285,000	View
Topline Financial Credit Union 900 American Blvd W, Bloomington, MN 55420 A5.0 ★Texas Ratio: 6.54%	HELOC	0 +1 HELOCs	0%	n/a		View
Servion	Conventional, VA	47	2%	98%	$339,468
Bremer Bank NA	Conventional, FHA, Jumbo, HELOC	16 +6 HELOCs	0.7%	94.1%	$576,875
Tradition Mortgage, LLC	Conventional	6	0.3%	100%	$321,666
Cambria Financial Group	Conventional	4	0.2%	100%	$317,500
Summit Mortgage Corporation	VA	1	0%	50%	$325,000
United Wholesale Mortgage	Conventional, FHA, VA, HELOC	254 +4 HELOCs	10.6%	92.1%	$313,346
Rocket Mortgage	Conventional, FHA, VA	83	3.5%	77.5%	$230,903
Altra Federal Credit Union	Conventional, FHA, VA, Jumbo, HELOC	63 +30 HELOCs	2.6%	91.5%	$329,285
Fairway Independent Mort Corp	Conventional, FHA, VA	57	2.4%	100%	$242,719
Guaranteed Rate, Inc.	Conventional, FHA, VA, Jumbo, HELOC	56 +4 HELOCs	2.3%	98.2%	$301,071
Prosperity Home Mortgage, LLC	Conventional, FHA, VA	55	2.3%	98.2%	$300,090
Guaranteed Rate Affinity, LLC	Conventional, FHA, VA, Jumbo	53	2.2%	96.4%	$266,698
loanDepot.com LLC	Conventional, FHA, VA	40	1.7%	90.9%	$224,000
Pennymac Loan Services LLC	Conventional, FHA, VA, Jumbo	31	1.3%	93.9%	$344,032
First Federal Bank A+5.0 ★Texas Ratio: 1.10%	Conventional, VA	29	1.2%	96.7%	$273,965	View
Mortgage Research Center	Conventional, FHA, VA, Jumbo	24	1%	82.8%	$391,250
CrossCountry Mortgage, LLC	Conventional, FHA, VA, HELOC	20 +1 HELOCs	0.8%	100%	$251,000
Barrington Bank & Trust Company, N.A. A+5.0 ★Texas Ratio: 2.20%	Conventional, FHA, VA	19	0.8%	100%	$240,789	View
Lennar Mortgage, LLC	Conventional, VA	15	0.6%	93.8%	$426,333
Nationstar Mortgage	Conventional, FHA	12	0.5%	80%	$155,833
Navy Federal Credit Union	Conventional, VA	11	0.5%	68.8%	$215,000
Guidance Residential, LLC	Conventional	10	0.4%	100%	$337,000
Newrez LLC	Conventional, FHA, VA	9	0.4%	64.3%	$248,333
Marine Credit Union	Conventional	9	0.4%	68.8%	$172,777
Citizens Bank, NA A+5.0 ★Texas Ratio: 5.44%	Conventional, HELOC	8 +3 HELOCs	0.3%	100%	$342,500	View
New American Funding, LLC.	Conventional, VA	8	0.3%	72.7%	$316,250
The Loan Store, Inc	Conventional, FHA, HELOC	7 +1 HELOCs	0.3%	100%	$260,714
Freedom Mortgage Corporation	FHA, VA	7	0.3%	80%	$327,857
Primelending	Conventional	6	0.3%	85.7%	$355,000
Usaa Federal Savings Bank B-3.5 ★Texas Ratio: 6.80%	Conventional, VA	6	0.3%	66.7%	$435,000	View
Sofi Bank, National Association A+5.0 ★Texas Ratio: 0.51%	Conventional, FHA	6	0.3%	72.7%	$383,333	View
Cmg Mortgage Inc	Conventional, HELOC	5 +1 HELOCs	0.2%	100%	$417,000
Genisys Credit Union	Conventional, Jumbo	5	0.2%	83.3%	$557,000
Discover Bank	Conventional	5	0.2%	24%	$83,000
Bay Equity LLC	Conventional, VA	5	0.2%	100%	$301,000
Premier Lending Inc.	Conventional	5	0.2%	100%	$205,000
Plaza Home Mortgage, Inc	Conventional, FHA	5	0.2%	62.5%	$339,000
American Financial Resources LLC	Conventional, FHA, VA	4	0.2%	80%	$217,500
AdvantageFirst Lending Inc	Conventional, FHA, VA	4	0.2%	80%	$265,000
Nations Lending Corporation	Conventional, FHA	4	0.2%	100%	$232,500
Nexbank A-5.0 ★Texas Ratio: 14.93%	Conventional, FHA	4	0.2%	80%	$322,500	View
Mutual of Omaha Mortgage	Conventional, FHA, VA	4	0.2%	80%	$252,500
Royal Credit Union A+5.0 ★Texas Ratio: 3.17%	Conventional	4	0.2%	80%	$265,000	View
Premia Mortgage, LLC A5.0 ★Texas Ratio: 13.21%	Conventional, VA	3	0.1%	100%	$441,666	View
SWBC Mortgage Corporation	Conventional, FHA	3	0.1%	100%	$321,666
Lakeview Loan Servicing, LLC	Conventional, FHA	3	0.1%	50%	$251,666
Resicentral LLC	Conventional	3	0.1%	100%	$271,666
Amerisave Mortgage Company	Conventional	3	0.1%	36.4%	$205,000
Home Mortgage Alliance Corp (Hmac)	Conventional	3	0.1%	100%	$298,333
American Financial Network, Inc.	Conventional, FHA	3	0.1%	75%	$211,666
Midwest Heritage Bank FSB A5.0 ★Texas Ratio: 9.76%	Conventional	3	0.1%	100%	$321,666	View
Provident Funding Associates	Conventional	3	0.1%	100%	$325,000
Keystone Funding, Inc	Conventional, FHA	3	0.1%	100%	$381,666
Paramount Residential Mortgage	Conventional	3	0.1%	100%	$425,000
Carrington Mortgage Services LLC	Conventional, FHA, VA	3	0.1%	57.1%	$158,333
Loan Simple, Inc.	FHA	3	0.1%	100%	$331,666
Spring Eq, LLC	Conventional	3	0.1%	25%	$48,333
Stifel Bank & Trust A-4.8 ★Texas Ratio: 12.33%	Conventional, HELOC	2 +1 HELOCs	0.1%	100%	$360,000	View
Veridian Credit Union C3.9 ★Texas Ratio: 27.97%	Conventional, HELOC	2 +1 HELOCs	0.1%	100%	$240,000	View
Greenstate Credit Union	Conventional	2	0.1%	100%	$365,000
Everett Financial, Inc.	Conventional	2	0.1%	66.7%	$285,000
Orchard Mortgage, LLC	Conventional	2	0.1%	100%	$295,000
Compeer Financial	Conventional	2	0.1%	60%	$275,000
TruHome Solutions, LLC	FHA	2	0.1%	100%	$300,000
Advancial Federal Credit Union	Conventional	2	0.1%	100%	$150,000
Success Mortgage Partners, Inc	Conventional	2	0.1%	66.7%	$290,000
Union Home Mortgage Corp.	Conventional	2	0.1%	100%	$295,000
Cardinal Financial Company, Li	Conventional, VA	2	0.1%	100%	$330,000
American Internet Mortgage, Inc.	Conventional	2	0.1%	100%	$505,000
First International Bank & Trust	Conventional, FHA	2	0.1%	100%	$530,000
Waterstone Mortgage Corporation	Conventional	2	0.1%	100%	$240,000
Sierra Pacific Mortgage Co. Inc	Conventional	2	0.1%	100%	$255,000
Milend, Inc	FHA, VA	2	0.1%	100%	$385,000
Zillow Home Loans, LLC	Conventional, FHA	2	0.1%	100%	$270,000
ClearEdge Lending LLC	Conventional	2	0.1%	100%	$470,000
Plains Commerce Bank A5.0 ★Texas Ratio: 9.09%	Conventional, FHA	2	0.1%	100%	$420,000	View
PNC Bank N.A. ★ 1.7 stars, 3 reviews A+5.0 ★Texas Ratio: 4.24%	Conventional, HELOC	1 +3 HELOCs	0%	50%	$405,000	View
Alliant Credit Union	Conventional, HELOC	1 +2 HELOCs	0%	100%	$485,000
Dupaco Community Credit Union	Conventional, HELOC	1 +1 HELOCs	0%	100%	$465,000
Arc Home LLC	Conventional	1	0%	100%	$255,000
A&D Mortgage LLC A+5.0 ★Texas Ratio: 4.11%	Conventional	1	0%	100%	$405,000	View
Premier Mortgage Resources, LLC	Conventional	1	0%	100%	$335,000
Consumer Real Estate Finance Co DBA Society Mortgage	Conventional	1	0%	100%	$545,000
Mount Vernon Bank and Trust Company A+5.0 ★Texas Ratio: 1.29%	Conventional	1	0%	100%	$295,000	View
American Airlines Federal Cred	Conventional	1	0%	100%	$265,000
Royal United Mortgage LLC	Conventional	1	0%	100%	$215,000
CUSB Bank A+5.0 ★Texas Ratio: 4.72%	Conventional	1	0%	100%	$205,000	View
Goodleap, LLC	FHA	1	0%	50%	$175,000
Gold Star Mortgage Financial Group, Corporation	Conventional	1	0%	100%	$175,000
Sage Home Loans Corporation	Conventional	1	0%	100%	$375,000
MortgageOne, Inc	Conventional	1	0%	100%	$385,000
Equity Prime Mortgage LLC	FHA	1	0%	100%	$275,000
Kind Lending, LLC	Conventional	1	0%	100%	$315,000
Flagstar Bank NA D3.3 ★Texas Ratio: 35.11%	Conventional	1	0%	50%	$805,000	View
Movement Mortgage, LLC	Conventional	1	0%	100%	$165,000
Loanunited.Com, LLC	FHA	1	0%	50%	$265,000
United Trust Bank	FHA	1	0%	100%	$195,000
Bison State Bank A+5.0 ★Texas Ratio: 2.38%	VA	1	0%	100%	$605,000	View
Guild Mortgage Company	VA	1	0%	100%	$475,000
Homestead Funding Corp.	Conventional	1	0%	100%	$385,000
Ocmbc, Inc. A+5.0 ★Texas Ratio: 5.05%	Conventional	1	0%	100%	$455,000	View
HomeXpress Mortgage Corp.	Conventional	1	0%	100%	$555,000
Sun West Mortgage Company, Inc	VA	1	0%	100%	$325,000
Citizens State Bank A+5.0 ★Texas Ratio: 3.68%	Conventional	1	0%	100%	$205,000	View
Town and Country Credit Union	Conventional	1	0%	100%	$295,000
Click n' Close, Inc.	FHA	1	0%	100%	$375,000
Securitynational Mortgage Company	Conventional	1	0%	100%	$285,000
Westconsin Credit Union	Conventional	1	0%	100%	$315,000
Real Genius LLC	Conventional	1	0%	100%	$595,000
Delta Community Credit Union	Conventional	1	0%	100%	$445,000
New Day Financial, LLC.	VA	1	0%	33.3%	$465,000
AIM Credit Union	Conventional	1	0%	100%	$225,000
Fox Communities Credit Union	Conventional	1	0%	100%	$245,000
NBH Bank A+5.0 ★Texas Ratio: 2.90%	Conventional	1	0%	100%	$75,000	View
Hsbc Bank USA, NA A+5.0 ★Texas Ratio: 4.86%	Conventional	1	0%	100%	$565,000	View
Planet Home Lending, LLC	VA	1	0%	50%	$205,000
Armed Forces Bank, N.A. A+5.0 ★Texas Ratio: 4.81%	VA	1	0%	100%	$455,000	View
Communityamerica Federal Credit Union	Conventional	1	0%	100%	$295,000
Iowa Bankers Mortgage Corporation	Conventional	1	0%	100%	$315,000
American Pacific Mortgage Corporation	Conventional	1	0%	100%	$255,000
Baxter Credit Union A5.0 ★Texas Ratio: 6.31%	Conventional	1	0%	50%	$595,000	View
Change Lending A+5.0 ★Texas Ratio: 3.68%	Conventional	1	0%	100%	$305,000	View
Northwest Bank A+5.0 ★Texas Ratio: 1.69%	Conventional, Jumbo	1	0%	100%	$1,135,000	View
Security State Bank A+5.0 ★Texas Ratio: 3.08%	Conventional	1	0%	100%	$305,000	View
Mortgage Solutions of Colorado	VA	1	0%	100%	$615,000
First Bank A+5.0 ★Texas Ratio: 3.43%	Conventional	1	0%	100%	$345,000	View
RoundPoint Mortgage Servicing LLC	Conventional	1	0%	100%	$385,000
Raymond James Bank A+5.0 ★Texas Ratio: 3.19%	Conventional	1	0%	100%	$205,000	View
Lower, LLC	FHA	1	0%	100%	$195,000
Ixonia Bank A+5.0 ★Texas Ratio: 2.14%	Conventional	1	0%	100%	$185,000	View
RBC Bank (Georgia), N.A.	Conventional	1	0%	100%	$295,000
Mld Mortgage, Inc.Dba the Money Store	Conventional	1	0%	100%	$145,000
Florida Capital Bank, N.A	Conventional	1	0%	100%	$305,000
Morgan Stanley Private Bank NA A4.8 ★Texas Ratio: 2.45%	Conventional	1	0%	100%	$205,000	View
Ubs Bank USA ★ 5 stars, 1 review A+5.0 ★Texas Ratio: 1.21%	Conventional	1	0%	100%	$635,000	View
United Nations Federal CU	Conventional	1	0%	100%	$245,000
City National Bank A+5.0 ★Texas Ratio: 5.55%	Conventional	1	0%	100%	$235,000	View
Nexera Holding LLC	Conventional	1	0%	100%	$255,000
Ark-La-Tex Financial Services LLC	Conventional	1	0%	100%	$375,000
Leaderone Financial Corp.	VA	1	0%	100%	$375,000
First National Bank of Omaha A+5.0 ★Texas Ratio: 4.82%	Conventional	1	0%	100%	$485,000	View
Citibank, NA A+5.0 ★Texas Ratio: 2.82%	Conventional, Jumbo	1	0%	100%	$1,075,000	View
Key Mortgage Services, Inc.	Conventional	1	0%	100%	$385,000
American Neighborhood Mortgage Acceptance Company	Conventional	1	0%	100%	$225,000
Coastal Community Bank B4.5 ★Texas Ratio: 20.96%	HELOC	0 +16 HELOCs	0%	n/a		View
Figure Lending LLC	HELOC	0 +7 HELOCs	0%	n/a
Better Mortgage Corporation	HELOC	0 +2 HELOCs	0%	0%
HomeBridge Financial Services, Inc	HELOC	0 +1 HELOCs	0%	n/a
Quorum Federal Credit Union	HELOC	0 +1 HELOCs	0%	n/a
Pentagon Federal Credit Union	HELOC	0 +1 HELOCs	0%	0%

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.

Rochester 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 Rochester, Minnesota

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

Types of Mortgage Lenders in Rochester, MN

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

Mortgage companies and brokers 93 lenders. Nonbank lenders and brokers that shop several wholesale lenders; often the fastest closings Banks 82 lenders. Local and national banks with branches, portfolio and jumbo loans, and an MBR health grade Credit unions 30 lenders. Member owned, often lower fees and flexible underwriting for members FHA lenders 50 lenders. 3.5 percent down and credit scores into the 500s; the usual route for bad credit or low down payment buyers VA lenders 40 lenders. No down payment and no mortgage insurance for eligible veterans and service members Jumbo lenders 28 lenders. Loans above the conforming limit for higher priced homes Local lenders based in MN 46 lenders headquartered in Minnesota, the closest thing to a mortgage lender near you

Who Lends in Rochester, MN

Independent mortgage companies closed 39 percent of home loans in Rochester, Minnesota in 2025, banks 44.4 percent and credit unions 16.6 percent. Luminate Home Loans, Inc. was the largest mortgage company, Think Mutual Bank the largest bank and Mayo Employees Federal Credit Union the largest credit union. Among lenders headquartered in Minnesota, Think Mutual Bank led with 280 loans.

39%

Mortgage companies

44.4%

Banks

16.6%

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 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 Coon Rapids 153 lenders

Frequently Asked Questions About Mortgage Lenders in Rochester, MN

Who is the largest mortgage lender in Rochester, MN?

By home loans closed in 2025, Think Mutual Bank was the largest mortgage lender in Rochester, Minnesota with 280 loans, about 11.7 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.

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

Among lenders with meaningful volume in Rochester, Minnesota, Fairway Independent Mort Corp approved the highest share of completed applications in 2025 at 100 percent, against a 89 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 Rochester, MN mortgage lenders offer FHA, VA and USDA loans?

50 lenders closed FHA loans in Rochester, Minnesota in 2025, led by United Wholesale Mortgage with 31. 40 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 Rochester, MN lender list?

Yes. 82 banks and 30 credit unions closed home loans in Rochester, Minnesota in 2025, alongside 93 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 Rochester, MN ranked on this page?

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