Mortgage Lenders and Brokers in Winona, 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
Winona, Minnesota mortgage lenders include Merchants Bank, National AssociationMerchants Bank, National Association4124 Sixth Street Goodview, Winona, MN 55987A+5.0 ★Texas Ratio: 3.28%, WNB FinancialWNB Financial204 Main St, Winona, MN 55987A+5.0 ★Texas Ratio: 0.47%, Alerus Financial NAAlerus Financial NA175 Center St, Winona, MN 55987A+5.0 ★Texas Ratio: 3.32%, Old National BankOld National Bank225 Lafayette St, Winona, MN 55987A+5.0 ★Texas Ratio: 4.98%, Wells Fargo Bank NAWells Fargo Bank NA125 Main St, Winona, MN 55987A+5.0 ★Texas Ratio: 5.36%, Bell BankBell Bank1001 Broadway St, Alexandria, MN 56308A+5.0 ★Texas Ratio: 3.66%, Affinity Plus Federal Credit UnionAffinity Plus Federal Credit Union120 E 2nd St, Winona, MN 55987 3410A+5.0 ★Texas Ratio: 4.41%, US Bank, N.A.US Bank, N.A.331 S Broadway Ave, Albert Lea, MN 56007A+5.0 ★Texas Ratio: 2.85%, Esb BankEsb Bank115 N Highway 44 76, Caledonia, MN 55921A5.0 ★Texas Ratio: 10.00%, and Huntington National BankHuntington National Bank405 E Main St, Anoka, MN 55303A+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 Winona, Minnesota in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Winona 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 Winona, Minnesota
Market share is the lender's share of all home loans closed in Winona, 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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2 offices in Winona 4124 Sixth Street Goodview, Winona, MN 55987 A+5.0 ★Texas Ratio: 3.28% |
Conventional, FHA, VA, Jumbo, HELOC | 108 +100 HELOCs |
29.4% | 94% | $195,000 | View |
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2 offices in Winona 204 Main St, Winona, MN 55987 A+5.0 ★Texas Ratio: 0.47% |
Conventional | 17 | 4.6% | 94.4% | $237,352 | View |
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1 office in Winona 175 Center St, Winona, MN 55987 A+5.0 ★Texas Ratio: 3.32% |
Conventional, HELOC | 4 +2 HELOCs |
1.1% | 100% | $97,500 | View |
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1 office in Winona 225 Lafayette St, Winona, MN 55987 A+5.0 ★Texas Ratio: 4.98% |
Conventional, HELOC | 3 +2 HELOCs |
0.8% | 100% | $238,333 | View |
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1 office in Winona 125 Main St, Winona, MN 55987 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 1 | 0.3% | 50% | $235,000 | View |
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1001 Broadway St, Alexandria, MN 56308 A+5.0 ★Texas Ratio: 3.66% |
Conventional, FHA, VA, HELOC | 21 +3 HELOCs |
5.7% | 95.5% | $161,666 | View |
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120 E 2nd St, Winona, MN 55987 3410 A+5.0 ★Texas Ratio: 4.41% |
Conventional, HELOC | 17 +6 HELOCs |
4.6% | 73.9% | $70,294 | View |
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331 S Broadway Ave, Albert Lea, MN 56007 A+5.0 ★Texas Ratio: 2.85% |
Conventional, FHA, HELOC | 5 +1 HELOCs |
1.4% | 83.3% | $169,000 | View |
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115 N Highway 44 76, Caledonia, MN 55921 A5.0 ★Texas Ratio: 10.00% |
Conventional | 5 | 1.4% | 100% | $149,000 | View |
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405 E Main St, Anoka, MN 55303 A+5.0 ★Texas Ratio: 3.66% |
Conventional | 3 | 0.8% | 100% | $221,666 | View |
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411 N Main St, Altura, MN 55910 A-4.7 ★Texas Ratio: 9.93% |
Conventional | 3 | 0.8% | 100% | $108,333 | View |
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2772 E 82nd St, Bloomington, MN 55425 1365 A+5.0 ★Texas Ratio: 4.56% |
Conventional, HELOC | 2 +1 HELOCs |
0.5% | 100% | $285,000 | View |
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113 N Main St, Belview, MN 56214 A+5.0 ★Texas Ratio: 5.77% |
Conventional, HELOC | 2 +1 HELOCs |
0.5% | 100% | $265,000 | View |
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11660 Theatre Dr N, Champlin, MN 55316 A5.0 ★Texas Ratio: 13.85% |
Conventional, FHA | 2 | 0.5% | 100% | $165,000 | View |
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14985 Glazier Ave, Apple Valley, MN 55124 |
Conventional, HELOC | 1 +1 HELOCs |
0.3% | 100% | $215,000 | View |
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15103 Cedar Ave, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 1 | 0.3% | 100% | $175,000 | View |
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607 N Main St, Austin, MN 55912 A+5.0 ★Texas Ratio: 5.80% |
Conventional | 1 | 0.3% | 100% | $205,000 | View |
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1420 White Oak Dr, Chaska, MN 55318 A5.0 ★Texas Ratio: 11.00% |
Conventional | 1 | 0.3% | 100% | $205,000 | View |
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301 West Lewis Street, Lewisville, MN 56060 A+5.0 ★Texas Ratio: 4.73% |
Conventional | 1 | 0.3% | 100% | $5,000 | View |
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7760 France Ave S, Bloomington, MN 55435 A+5.0 ★Texas Ratio: 3.45% |
Conventional | 1 | 0.3% | 100% | $265,000 | View |
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2630 Bridge Ave, Albert Lea, MN 56007 A5.0 ★Texas Ratio: 12.61% |
Conventional | 1 | 0.3% | 100% | $715,000 | View |
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501 Glen Street Sw, Eyota, MN 55934 C-3.7 ★Texas Ratio: 31.20% |
Conventional | 1 | 0.3% | 100% | $215,000 | View |
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7510 147th St W, Apple Valley, MN 55124 A+5.0 ★Texas Ratio: 4.14% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Bremer Bank NA
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Conventional, HELOC | 1 +1 HELOCs |
0.3% | 100% | $165,000 | |
Altra Federal Credit Union
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Conventional, FHA, HELOC | 86 +39 HELOCs |
23.4% | 98.9% | $187,441 | |
United Wholesale Mortgage
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Conventional, FHA, VA | 14 | 3.8% | 87.5% | $215,714 | |
Rocket Mortgage
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Conventional | 8 | 2.2% | 88.9% | $151,250 | |
Cmg Mortgage Inc
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Conventional, FHA, USDA | 5 | 1.4% | 100% | $135,000 | |
Marine Credit Union
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Conventional | 5 | 1.4% | 55.6% | $137,000 | |
SWBC Mortgage Corporation
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Conventional | 3 | 0.8% | 100% | $131,666 | |
loanDepot.com LLC
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Conventional, FHA | 3 | 0.8% | 75% | $138,333 | |
Uw Credit Union
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Conventional | 3 | 0.8% | 100% | $198,333 | |
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A+5.0 ★Texas Ratio: 0.00% |
Conventional | 3 | 0.8% | 100% | $251,666 | View |
Consumer Real Estate Finance Co DBA Society Mortgage
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Conventional, FHA | 2 | 0.5% | 100% | $195,000 | |
Go Mortgage, LLC
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Conventional | 2 | 0.5% | 100% | $250,000 | |
Equity Prime Mortgage LLC
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FHA | 2 | 0.5% | 100% | $175,000 | |
Pennymac Loan Services LLC
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Conventional, FHA | 2 | 0.5% | 66.7% | $320,000 | |
Abbott Laboratories Employees Credit Union
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Conventional | 2 | 0.5% | 66.7% | $330,000 | |
New American Funding, LLC.
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Conventional | 2 | 0.5% | 100% | $240,000 | |
Empeople Credit Union
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Conventional, HELOC | 1 +1 HELOCs |
0.3% | 100% | $255,000 | |
Better Mortgage Corporation
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FHA, HELOC | 1 +1 HELOCs |
0.3% | 100% | $345,000 | |
Freedom Mortgage Corporation
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FHA | 1 | 0.3% | 100% | $265,000 | |
Compeer Financial
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Conventional | 1 | 0.3% | 100% | $65,000 | |
Movement Mortgage, LLC
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Conventional | 1 | 0.3% | 100% | $125,000 | |
Firefighters Credit Union
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Conventional | 1 | 0.3% | 100% | $225,000 | |
Discover Bank
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Conventional | 1 | 0.3% | 50% | $105,000 | |
Co-op Credit Union
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Conventional | 1 | 0.3% | 100% | $285,000 | |
Citizens Equity First Credit U
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Conventional | 1 | 0.3% | 100% | $85,000 | |
Union Home Mortgage Corp.
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FHA | 1 | 0.3% | 100% | $225,000 | |
Planet Home Lending, LLC
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VA | 1 | 0.3% | 100% | $345,000 | |
Governmental Employees Credit Union
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Conventional | 1 | 0.3% | 100% | $55,000 | |
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A-4.8 ★Texas Ratio: 12.33% |
FHA | 1 | 0.3% | 100% | $195,000 | View |
Nationstar Mortgage
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FHA | 1 | 0.3% | 100% | $85,000 | |
Dupaco Community Credit Union
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Conventional | 1 | 0.3% | 100% | $195,000 | |
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A+5.0 ★Texas Ratio: 2.70% |
Conventional | 1 | 0.3% | 100% | $145,000 | View |
The Loan Store, Inc
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Conventional | 1 | 0.3% | 100% | $155,000 | |
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★ 1 stars, 1 review A+5.0 ★Texas Ratio: 2.87% |
Conventional | 1 | 0.3% | 100% | $195,000 | View |
Navy Federal Credit Union
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VA | 1 | 0.3% | 100% | $235,000 | |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 1 | 0.3% | 100% | $255,000 | View |
Paramount Residential Mortgage
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Conventional | 1 | 0.3% | 100% | $485,000 | |
Plaza Home Mortgage, Inc
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FHA | 1 | 0.3% | 100% | $205,000 | |
American Neighborhood Mortgage Acceptance Company
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Conventional | 1 | 0.3% | 100% | $405,000 | |
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +3 HELOCs |
0% | n/a | View |
Winona 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 Winona, Minnesota
Looking for mortgage lenders near me or mortgage brokers near me in Winona? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Winona in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Winona, MN
Use these to narrow the list above. Each category shows how many Winona, MN lenders fit and what that kind of lender is usually best for.
Who Lends in Winona, MN
Independent mortgage companies closed 14.7 percent of home loans in Winona, Minnesota in 2025, banks 51.8 percent and credit unions 33.5 percent. United Wholesale Mortgage was the largest mortgage company, Merchants Bank, National Association the largest bank and Affinity Plus Federal Credit Union the largest credit union. Among lenders headquartered in Minnesota, Merchants Bank, National Association led with 108 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 Winona, MN
By home loans closed in 2025, Merchants Bank, National Association was the largest mortgage lender in Winona, Minnesota with 108 loans, about 29.4 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Among lenders with meaningful volume in Winona, Minnesota, Altra Federal Credit Union approved the highest share of completed applications in 2025 at 98.9 percent, against a 92.8 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.
17 lenders closed FHA loans in Winona, Minnesota in 2025, led by Merchants Bank, National Association with 3. 5 lenders closed VA loans, led by Merchants Bank, National Association, 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. 28 banks and 14 credit unions closed home loans in Winona, Minnesota in 2025, alongside 21 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 Winona, 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 Winona, 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 Winona. 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.
