Mortgage Lenders and Brokers in Thief River Falls, 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
Thief River Falls, Minnesota mortgage lenders include Border BankBorder Bank1528 Highway 59 S, Thief River Falls, MN 56701A5.0 ★Texas Ratio: 11.40%, Wells Fargo Bank NAWells Fargo Bank NA208 Main Ave N, Thief River Falls, MN 56701A+5.0 ★Texas Ratio: 5.36%, Park State BankPark State Bank221 Main St N, Biwabik, MN 55708A+5.0 ★Texas Ratio: 5.68%, Magnifi Financial Credit UnionMagnifi Financial Credit Union641 Railroad Ave, Albany, MN 56307A+5.0 ★Texas Ratio: 1.40%, Dakota Heritage BankDakota Heritage Bank101 7th St Se, Red Lake Falls, MN 56750A-5.0 ★Texas Ratio: 14.67%, Wings Financial Credit UnionWings Financial Credit Union1100 Vanrooy Dr, Thief River Falls, MN 56701 3944, US Bank, N.A.US Bank, N.A.331 S Broadway Ave, Albert Lea, MN 56007A+5.0 ★Texas Ratio: 2.85%, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA15103 Cedar Ave, Apple Valley, MN 55124A+5.0 ★Texas Ratio: 3.68%, Merchants Bank, National AssociationMerchants Bank, National Association7300 147th St W, Apple Valley, MN 55124A+5.0 ★Texas Ratio: 3.28%, and Unity BankUnity Bank112 Main St, Bertha, MN 56437F1.0 ★Texas Ratio: 70.30%. 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 Thief River Falls, Minnesota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Thief River Falls 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 Thief River Falls, Minnesota
Market share is the lender's share of all home loans closed in Thief River Falls, 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 Thief River Falls 1528 Highway 59 S, Thief River Falls, MN 56701 A5.0 ★Texas Ratio: 11.40% |
Conventional | 37 | 32.5% | 100% | $119,594 | View |
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1 office in Thief River Falls 208 Main Ave N, Thief River Falls, MN 56701 A+5.0 ★Texas Ratio: 5.36% |
Conventional, VA | 4 | 3.5% | 80% | $160,000 | View |
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221 Main St N, Biwabik, MN 55708 A+5.0 ★Texas Ratio: 5.68% |
Conventional, USDA | 11 | 9.6% | 100% | $163,181 | View |
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641 Railroad Ave, Albany, MN 56307 A+5.0 ★Texas Ratio: 1.40% |
Conventional | 2 | 1.8% | 100% | $40,000 | View |
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101 7th St Se, Red Lake Falls, MN 56750 A-5.0 ★Texas Ratio: 14.67% |
Conventional | 2 | 1.8% | 100% | $30,000 | View |
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1100 Vanrooy Dr, Thief River Falls, MN 56701 3944 |
Conventional, HELOC | 1 +3 HELOCs |
0.9% | 100% | $85,000 | View |
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331 S Broadway Ave, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 2.85% |
Conventional, HELOC | 1 +1 HELOCs |
0.9% | 100% | $75,000 | View |
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15103 Cedar Ave, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 1 | 0.9% | 100% | $135,000 | View |
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7300 147th St W, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 3.28% |
Conventional | 1 | 0.9% | 100% | $255,000 | View |
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112 Main St, Bertha, MN 56437 F1.0 ★Texas Ratio: 70.30% |
Conventional | 1 | 0.9% | 50% | $165,000 | View |
New American Funding, LLC.
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Conventional, FHA, VA | 23 | 20.2% | 100% | $161,086 | |
Rocket Mortgage
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Conventional, FHA | 8 | 7% | 60% | $145,000 | |
Gate City Bank
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Conventional, HELOC | 3 +2 HELOCs |
2.6% | 100% | $178,333 | |
Plaza Home Mortgage, Inc
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Conventional | 3 | 2.6% | 100% | $208,333 | |
United Wholesale Mortgage
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Conventional, FHA | 2 | 1.8% | 100% | $270,000 | |
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A-5.0 ★Texas Ratio: 14.93% |
Conventional | 2 | 1.8% | 100% | $190,000 | View |
Equity Prime Mortgage LLC
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USDA | 1 | 0.9% | 100% | $185,000 | |
loanDepot.com LLC
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Conventional | 1 | 0.9% | 100% | $195,000 | |
Amerisave Mortgage Company
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FHA | 1 | 0.9% | 50% | $65,000 | |
Nations Lending Corporation
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Conventional | 1 | 0.9% | 100% | $155,000 | |
Iowa Bankers Mortgage Corporation
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Conventional | 1 | 0.9% | 100% | $125,000 | |
American Pacific Mortgage Corporation
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Conventional | 1 | 0.9% | 100% | $125,000 | |
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A+5.0 ★Texas Ratio: 2.20% |
FHA | 1 | 0.9% | 100% | $245,000 | View |
Mortgage Research Center
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VA | 1 | 0.9% | 33.3% | $195,000 | |
Zillow Home Loans, LLC
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Conventional | 1 | 0.9% | 100% | $55,000 | |
Prosperity Home Mortgage, LLC
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VA | 1 | 0.9% | 100% | $225,000 | |
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A+5.0 ★Texas Ratio: 0.51% |
FHA | 1 | 0.9% | 100% | $175,000 | View |
Village Capital & Investment
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FHA | 1 | 0.9% | 100% | $195,000 |
Thief River Falls 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 Thief River Falls, Minnesota
Looking for mortgage lenders near me or mortgage brokers near me in Thief River Falls? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Thief River Falls in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Thief River Falls, MN
Use these to narrow the list above. Each category shows how many Thief River Falls, MN lenders fit and what that kind of lender is usually best for.
Who Lends in Thief River Falls, MN
Independent mortgage companies closed 40.4 percent of home loans in Thief River Falls, Minnesota in 2025, banks 57 percent and credit unions 2.6 percent. New American Funding, LLC. was the largest mortgage company, Border Bank the largest bank and Magnifi Financial Credit Union the largest credit union. Among lenders headquartered in Minnesota, Wells Fargo Bank NA 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 Thief River Falls, MN
By home loans closed in 2025, Border Bank was the largest mortgage lender in Thief River Falls, Minnesota with 37 loans, about 32.5 percent of the market. The largest lender headquartered in Minnesota was Wells Fargo Bank NA with 4 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
7 lenders closed FHA loans in Thief River Falls, Minnesota in 2025, led by New American Funding, LLC. with 13. 4 lenders closed VA loans, led by New American Funding, LLC., and 2 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. 12 banks and 2 credit unions closed home loans in Thief River Falls, Minnesota in 2025, alongside 14 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 Thief River Falls, 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 Thief River Falls, 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 Thief River Falls. 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.
