Mortgage Lenders and Brokers in Royalton, 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
Royalton, Minnesota mortgage lenders include Pine Country BankPine Country Bank412 N Highway 10, Royalton, MN 56373A+5.0 ★Texas Ratio: 0.36%, Magnifi Financial Credit UnionMagnifi Financial Credit Union641 Railroad Ave, Albany, MN 56307A+5.0 ★Texas Ratio: 1.40%, St. Cloud Financial Credit UnionSt. Cloud Financial Credit Union5600 La Centre Ave Ste 100, Albertville, MN 55301 4018A+5.0 ★Texas Ratio: 3.54%, US Bank, N.A.US Bank, N.A.331 S Broadway Ave, Albert Lea, MN 56007A+5.0 ★Texas Ratio: 2.85%, Farmers & Merchants State BankFarmers & Merchants State Bank110 Meeker Ave W, Eden Valley, MN 55329A5.0 ★Texas Ratio: 9.66%, Granite BankGranite Bank11660 Theatre Dr N, Champlin, MN 55316A5.0 ★Texas Ratio: 13.85%, First Western Bank & TrustFirst Western Bank & Trust3313 Highway 29 S, Alexandria, MN 56308A-5.0 ★Texas Ratio: 15.55%, Deerwood BankDeerwood Bank14986 Lynwood Dr, Baxter, MN 56425A+5.0 ★Texas Ratio: 4.01%, First Bank & TrustFirst Bank & Trust234 1st Ave E, Cambridge, MN 55008A+5.0 ★Texas Ratio: 3.79%, and JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA15103 Cedar Ave, Apple Valley, MN 55124A+5.0 ★Texas Ratio: 3.68%. 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 Royalton, Minnesota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Royalton 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 Royalton, Minnesota
Market share is the lender's share of all home loans closed in Royalton, 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 Royalton 412 N Highway 10, Royalton, MN 56373 A+5.0 ★Texas Ratio: 0.36% |
Conventional | 4 | 3.9% | 100% | $200,000 | View |
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641 Railroad Ave, Albany, MN 56307 A+5.0 ★Texas Ratio: 1.40% |
Conventional, HELOC | 4 +3 HELOCs |
3.9% | 100% | $265,000 | View |
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5600 La Centre Ave Ste 100, Albertville, MN 55301 4018 A+5.0 ★Texas Ratio: 3.54% |
Conventional | 3 | 2.9% | 100% | $168,333 | View |
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331 S Broadway Ave, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 2.85% |
Conventional, HELOC | 2 +1 HELOCs |
2% | 100% | $240,000 | View |
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110 Meeker Ave W, Eden Valley, MN 55329 A5.0 ★Texas Ratio: 9.66% |
Conventional | 2 | 2% | 100% | $290,000 | View |
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11660 Theatre Dr N, Champlin, MN 55316 A5.0 ★Texas Ratio: 13.85% |
Conventional, VA | 2 | 2% | 100% | $455,000 | View |
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3313 Highway 29 S, Alexandria, MN 56308 A-5.0 ★Texas Ratio: 15.55% |
Conventional, VA | 2 | 2% | 100% | $250,000 | View |
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14986 Lynwood Dr, Baxter, MN 56425 A+5.0 ★Texas Ratio: 4.01% |
Conventional, HELOC | 1 +1 HELOCs |
1% | 100% | $345,000 | View |
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234 1st Ave E, Cambridge, MN 55008 A+5.0 ★Texas Ratio: 3.79% |
FHA | 1 | 1% | 100% | $375,000 | View |
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15103 Cedar Ave, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 1 | 1% | 100% | $395,000 | View |
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22 1st St Ne, Bagley, MN 56621 A+5.0 ★Texas Ratio: 5.00% |
Conventional | 1 | 1% | 100% | $145,000 | View |
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1420 White Oak Dr, Chaska, MN 55318 A5.0 ★Texas Ratio: 11.00% |
Conventional | 1 | 1% | 100% | $205,000 | View |
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1001 Broadway St, Alexandria, MN 56308 A+5.0 ★Texas Ratio: 3.66% |
Conventional | 1 | 1% | 100% | $315,000 | View |
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1719 W Main St, Albert Lea, MN 56007 4385 A+5.0 ★Texas Ratio: 4.41% |
Conventional | 1 | 1% | 100% | $25,000 | View |
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12500 Sherburne Avenue, Becker, MN 55308 A+5.0 ★Texas Ratio: 0.20% |
Conventional | 1 | 1% | 100% | $225,000 | View |
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183 Cedar Dr, Foley, MN 56329 A+5.0 ★Texas Ratio: 5.11% |
Conventional | 1 | 1% | 100% | $195,000 | View |
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715 Crossroads Campus Dr NE, Buffalo, MN 55313 5074 A+5.0 ★Texas Ratio: 1.13% |
Conventional | 1 | 1% | 100% | $275,000 | View |
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410 2nd St W, Ada, MN 56510 A+5.0 ★Texas Ratio: 5.91% |
Conventional | 1 | 1% | 100% | $175,000 | View |
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2772 E 82nd St, Bloomington, MN 55425 1365 A+5.0 ★Texas Ratio: 4.56% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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14985 Glazier Ave, Apple Valley, MN 55124 |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Servion
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Conventional, VA | 2 | 2% | 100% | $180,000 | |
Fairway Independent Mort Corp
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Conventional, FHA, VA | 8 | 7.8% | 100% | $382,500 | |
United Wholesale Mortgage
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Conventional, FHA, VA, HELOC | 6 +1 HELOCs |
5.9% | 100% | $336,666 | |
Freedom Mortgage Corporation
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FHA, VA | 6 | 5.9% | 100% | $356,666 | |
Rocket Mortgage
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Conventional, VA | 4 | 3.9% | 71.4% | $160,000 | |
Primelending
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Conventional | 4 | 3.9% | 100% | $330,000 | |
New American Funding, LLC.
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Conventional, FHA, USDA | 4 | 3.9% | 100% | $255,000 | |
Plaza Home Mortgage, Inc
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Conventional | 4 | 3.9% | 100% | $287,500 | |
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A+5.0 ★Texas Ratio: 4.11% |
Conventional | 3 | 2.9% | 75% | $215,000 | View |
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B-3.5 ★Texas Ratio: 6.80% |
Conventional, VA | 3 | 2.9% | 75% | $321,666 | View |
Nationstar Mortgage
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Conventional, FHA | 3 | 2.9% | 100% | $211,666 | |
Guaranteed Rate Affinity, LLC
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Conventional | 2 | 2% | 100% | $265,000 | |
Everett Financial, Inc.
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Conventional, FHA | 2 | 2% | 100% | $190,000 | |
loanDepot.com LLC
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Conventional | 2 | 2% | 75% | $100,000 | |
Pennymac Loan Services LLC
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Conventional | 2 | 2% | 66.7% | $300,000 | |
Cmg Mortgage Inc
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Conventional, FHA | 2 | 2% | 100% | $260,000 | |
Homeowners Financial Group, LLC
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Conventional, FHA | 2 | 2% | 100% | $170,000 | |
Cardinal Financial Company, Li
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Conventional, FHA | 2 | 2% | 100% | $165,000 | |
SWBC Mortgage Corporation
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VA | 1 | 1% | 100% | $225,000 | |
CrossCountry Mortgage, LLC
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FHA | 1 | 1% | 100% | $295,000 | |
Compeer Financial
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Conventional | 1 | 1% | 100% | $1,005,000 | |
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D3.3 ★Texas Ratio: 35.11% |
Conventional | 1 | 1% | 100% | $205,000 | View |
Triad Financial Services, Inc.
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Conventional | 1 | 1% | 100% | $195,000 | |
Mid-Continent Funding, Inc.
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VA | 1 | 1% | 100% | $325,000 | |
First International Bank & Trust
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Conventional | 1 | 1% | 100% | $295,000 | |
Mortgage Research Center
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VA | 1 | 1% | 100% | $455,000 | |
Prosperity Home Mortgage, LLC
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VA | 1 | 1% | 100% | $395,000 | |
Lower, LLC
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VA | 1 | 1% | 100% | $585,000 | |
21St Mortgage
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Conventional | 1 | 1% | 100% | $165,000 |
Royalton 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 Royalton, Minnesota
Looking for mortgage lenders near me or mortgage brokers near me in Royalton? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Royalton in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Royalton, MN
Use these to narrow the list above. Each category shows how many Royalton, MN lenders fit and what that kind of lender is usually best for.
Who Lends in Royalton, MN
Independent mortgage companies closed 61.8 percent of home loans in Royalton, Minnesota in 2025, banks 29.4 percent and credit unions 8.8 percent. Servion was the largest mortgage company, Pine Country Bank the largest bank and Magnifi Financial Credit Union the largest credit union. Among lenders headquartered in Minnesota, Pine Country Bank led with 4 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 Royalton, MN
By home loans closed in 2025, Pine Country Bank was the largest mortgage lender in Royalton, Minnesota with 4 loans, about 3.9 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
11 lenders closed FHA loans in Royalton, Minnesota in 2025, led by First Bank & Trust with 1. 13 lenders closed VA loans, led by Freedom Mortgage Corporation, 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. 18 banks and 6 credit unions closed home loans in Royalton, 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 Royalton, 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 Royalton, 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 Royalton. 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.
