Mortgage Lenders and Brokers in Scandia, 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
Scandia, Minnesota mortgage lenders include Security State Bank of MarineSecurity State Bank of Marine21190 Ozark Ave N, Scandia, MN 55073A+5.0 ★Texas Ratio: 0.92%, Bell BankBell Bank1001 Broadway St, Alexandria, MN 56308A+5.0 ★Texas Ratio: 3.66%, Blaze Credit UnionBlaze Credit Union10 Northtown Dr NE, Blaine, MN 55434 1033A5.0 ★Texas Ratio: 6.19%, Affinity Plus Federal Credit UnionAffinity Plus Federal Credit Union1719 W Main St, Albert Lea, MN 56007 4385A+5.0 ★Texas Ratio: 4.41%, Wings Financial Credit UnionWings Financial Credit Union14985 Glazier Ave, Apple Valley, MN 55124, Alerus Financial NAAlerus Financial NA143 W Clark St, Albert Lea, MN 56007A+5.0 ★Texas Ratio: 3.32%, Trustone Financial Credit UnionTrustone Financial Credit Union2772 E 82nd St, Bloomington, MN 55425 1365A+5.0 ★Texas Ratio: 4.56%, Ideal Credit UnionIdeal Credit Union3225 Denmark Ave, Eagan, MN 55121 1382A+5.0 ★Texas Ratio: 5.61%, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA15103 Cedar Ave, Apple Valley, MN 55124A+5.0 ★Texas Ratio: 3.68%, and Old National BankOld National Bank101 Minnesota Ave N, Aitkin, MN 56431A+5.0 ★Texas Ratio: 4.98%. 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 Scandia, Minnesota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Scandia 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 Scandia, Minnesota
Market share is the lender's share of all home loans closed in Scandia, 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 Scandia 21190 Ozark Ave N, Scandia, MN 55073 A+5.0 ★Texas Ratio: 0.92% |
Conventional, Jumbo | 4 | 4.7% | 80% | $360,000 | View |
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1001 Broadway St, Alexandria, MN 56308 A+5.0 ★Texas Ratio: 3.66% |
Conventional, HELOC | 8 +1 HELOCs |
9.4% | 100% | $498,750 | View |
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10 Northtown Dr NE, Blaine, MN 55434 1033 A5.0 ★Texas Ratio: 6.19% |
Conventional, Jumbo | 3 | 3.5% | 75% | $328,333 | View |
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1719 W Main St, Albert Lea, MN 56007 4385 A+5.0 ★Texas Ratio: 4.41% |
Conventional, HELOC | 2 +4 HELOCs |
2.4% | 50% | $190,000 | View |
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14985 Glazier Ave, Apple Valley, MN 55124 |
Conventional, HELOC | 2 +2 HELOCs |
2.4% | 100% | $485,000 | View |
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143 W Clark St, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 3.32% |
Conventional, HELOC | 2 +1 HELOCs |
2.4% | 100% | $420,000 | View |
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2772 E 82nd St, Bloomington, MN 55425 1365 A+5.0 ★Texas Ratio: 4.56% |
Conventional, HELOC | 1 +4 HELOCs |
1.2% | 100% | $375,000 | View |
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3225 Denmark Ave, Eagan, MN 55121 1382 A+5.0 ★Texas Ratio: 5.61% |
Conventional, HELOC | 1 +2 HELOCs |
1.2% | 33.3% | $55,000 | View |
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15103 Cedar Ave, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 1 | 1.2% | 100% | $105,000 | View |
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101 Minnesota Ave N, Aitkin, MN 56431 A+5.0 ★Texas Ratio: 4.98% |
Conventional, Jumbo | 1 | 1.2% | 100% | $1,005,000 | View |
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208 W Front St, Claremont, MN 55924 A5.0 ★Texas Ratio: 11.06% |
Conventional | 1 | 1.2% | 100% | $785,000 | View |
First State Bank of Wyoming
6115 Stacy Trl, Stacy, MN 55079 |
Conventional | 1 | 1.2% | 100% | $275,000 | |
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200 Coon Rapids Blvd Nw, Coon Rapids, MN 55433 A+5.0 ★Texas Ratio: 2.50% |
Conventional | 1 | 1.2% | 100% | $195,000 | View |
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1777 Bunker Lake Blvd Nw, Andover, MN 55304 A+5.0 ★Texas Ratio: 0.02% |
Conventional | 1 | 1.2% | 100% | $265,000 | View |
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122 E Main St, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 1 | 1.2% | 100% | $215,000 | View |
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950 Highway 95 N, Bayport, MN 55003 A+5.0 ★Texas Ratio: 0.25% |
Conventional | 1 | 1.2% | 100% | $405,000 | 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 | 1.2% | 100% | $65,000 | View |
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242 N 1st St, Pennock, MN 56279 C-3.6 ★Texas Ratio: 31.27% |
Conventional | 1 | 1.2% | 100% | $325,000 | View |
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331 S Broadway Ave, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 2.85% |
HELOC | 0 +3 HELOCs |
0% | n/a | View | |
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900 American Blvd W, Bloomington, MN 55420 A5.0 ★Texas Ratio: 6.54% |
HELOC | 0 +2 HELOCs |
0% | 0% | View | |
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405 E Main St, Anoka, MN 55303 A+5.0 ★Texas Ratio: 3.66% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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641 Railroad Ave, Albany, MN 56307 A+5.0 ★Texas Ratio: 1.40% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Bremer Bank NA
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Conventional | 1 | 1.2% | 100% | $325,000 | |
Rocket Mortgage
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Conventional, VA | 7 | 8.2% | 87.5% | $217,857 | |
CrossCountry Mortgage, LLC
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Conventional, VA | 7 | 8.2% | 100% | $339,285 | |
United Wholesale Mortgage
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Conventional, VA, Jumbo, HELOC | 4 +1 HELOCs |
4.7% | 100% | $515,000 | |
loanDepot.com LLC
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Conventional | 2 | 2.4% | 100% | $210,000 | |
Cardinal Financial Company, Li
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Conventional, FHA | 2 | 2.4% | 100% | $315,000 | |
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A+5.0 ★Texas Ratio: 2.20% |
Conventional | 2 | 2.4% | 66.7% | $415,000 | View |
Fairway Independent Mort Corp
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Conventional | 2 | 2.4% | 100% | $545,000 | |
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A+5.0 ★Texas Ratio: 3.17% |
Conventional | 2 | 2.4% | 100% | $515,000 | View |
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A5.0 ★Texas Ratio: 10.07% |
Conventional | 1 | 1.2% | 100% | $465,000 | View |
Guaranteed Rate, Inc.
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Conventional | 1 | 1.2% | 100% | $495,000 | |
Goodleap, LLC
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FHA | 1 | 1.2% | 100% | $365,000 | |
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A+5.0 ★Texas Ratio: 0.14% |
Conventional | 1 | 1.2% | 100% | $205,000 | View |
Gold Star Mortgage Financial Group, Corporation
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Conventional | 1 | 1.2% | 100% | $345,000 | |
SWBC Mortgage Corporation
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Conventional | 1 | 1.2% | 100% | $765,000 | |
Freedom Mortgage Corporation
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VA | 1 | 1.2% | 100% | $395,000 | |
Newrez LLC
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Conventional | 1 | 1.2% | 100% | $365,000 | |
PHH Mortgage Corporation
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FHA | 1 | 1.2% | 100% | $275,000 | |
Pennymac Loan Services LLC
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Conventional | 1 | 1.2% | 100% | $485,000 | |
Amerisave Mortgage Company
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VA | 1 | 1.2% | 50% | $635,000 | |
Guild Mortgage Company
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Conventional | 1 | 1.2% | 100% | $375,000 | |
Bay Equity LLC
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Conventional | 1 | 1.2% | 100% | $465,000 | |
American Internet Mortgage, Inc.
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Conventional | 1 | 1.2% | 100% | $405,000 | |
Shoreham Bank
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FHA | 1 | 1.2% | 100% | $15,000 | |
Provident Funding Associates
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Conventional | 1 | 1.2% | 100% | $205,000 | |
Sierra Pacific Mortgage Co. Inc
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FHA | 1 | 1.2% | 100% | $375,000 | |
Nationstar Mortgage
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Conventional | 1 | 1.2% | 100% | $455,000 | |
Better Mortgage Corporation
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Conventional | 1 | 1.2% | 100% | $285,000 | |
Zillow Home Loans, LLC
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Conventional | 1 | 1.2% | 100% | $475,000 | |
New American Funding, LLC.
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Conventional | 1 | 1.2% | 100% | $765,000 | |
Navy Federal Credit Union
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Conventional | 1 | 1.2% | 100% | $75,000 | |
Carrington Mortgage Services LLC
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Conventional | 1 | 1.2% | 100% | $55,000 | |
Figure Lending LLC
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HELOC | 0 +2 HELOCs |
0% | n/a | ||
Midwestone Bank
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HELOC | 0 +2 HELOCs |
0% | n/a | ||
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A5.0 ★Texas Ratio: 6.31% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
Westconsin Credit Union
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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 |
Scandia 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 Scandia, Minnesota
Looking for mortgage lenders near me or mortgage brokers near me in Scandia? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Scandia in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Scandia, MN
Use these to narrow the list above. Each category shows how many Scandia, MN lenders fit and what that kind of lender is usually best for.
Who Lends in Scandia, MN
Independent mortgage companies closed 50.6 percent of home loans in Scandia, Minnesota in 2025, banks 34.1 percent and credit unions 15.3 percent. Rocket Mortgage was the largest mortgage company, Security State Bank of Marine the largest bank and Blaze Credit Union the largest credit union. Among lenders headquartered in Minnesota, Security State Bank of Marine 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 Scandia, MN
By home loans closed in 2025, Security State Bank of Marine was the largest mortgage lender in Scandia, Minnesota with 4 loans, about 4.7 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
5 lenders closed FHA loans in Scandia, Minnesota in 2025, led by Cardinal Financial Company, Li with 1. 5 lenders closed VA loans, led by Rocket 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. 21 banks and 12 credit unions closed home loans in Scandia, Minnesota in 2025, alongside 26 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 Scandia, 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 Scandia, 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 Scandia. 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.
