# Best Mortgage Lenders in Minneapolis

**As of:** 2026-05-24

Compare the top mortgage lenders in Minneapolis. Data-driven rankings based on pricing, approval rates, and local market expertise.

> **Canonical URL:** https://saferate.com/minneapolis/best-mortgage-lenders


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


## Market Statistics

- **Total Lenders:** 202
- **Total Loans:** 44,572
- **Median Rate Spread:** 0.2291767676767677%

## Top Lenders

| Rank | Lender | SafeRate Score | Pricing | Pull-Through | Volume | Type |
|------|--------|----------------|---------|--------------|--------|------|
| 1 | Royal Credit Union | 93 | 65 | 87 | 1,191 | Credit Union |
| 2 | U.S. Bank National Association | 86 | 75 | 71 | 972 | Bank |
| 3 | Wings Financial Credit Union | 86 | 65 | 68 | 571 | Credit Union |
| 4 | Old National Bank | 86 | 84 | 70 | 298 | Bank |
| 5 | Associated Bank, National Association | 86 | 93 | 72 | 273 | Bank |
| 6 | MEGASTAR FINANCIAL CORP. | 86 | 88 | 60 | 172 | Independent Mortgage Company |
| 7 | UNITED WHOLESALE MORTGAGE, LLC | 84 | 41 | 93 | 3,122 | Independent Mortgage Company |
| 8 | The Huntington National Bank | 80 | 61 | 75 | 601 | Bank |
| 9 | Bank of America, National Association | 80 | 73 | 75 | 191 | Bank |
| 10 | Merchants Bank, National Association | 80 | 71 | 66 | 94 | Bank |
| 11 | TRUSTONE FINANCIAL CREDIT UNION | 78 | 71 | 54 | 908 | Credit Union |
| 12 | Wells Fargo Bank, National Association | 78 | 63 | 59 | 880 | Bank |
| 13 | Tradition Mortgage, LLC | 78 | 47 | 70 | 826 | Independent Mortgage Company |
| 14 | Alerus Financial, National Association | 78 | 54 | 77 | 647 | Bank |
| 15 | Spire Credit Union | 78 | 66 | 58 | 424 | Credit Union |
| 16 | Baxter Credit Union | 78 | 83 | 50 | 154 | Credit Union |
| 17 | NAVY FEDERAL CREDIT UNION | 78 | 93 | 60 | 142 | Credit Union |
| 18 | PROVIDENT FUNDING ASSOCIATES, L.P. | 78 | 83 | 55 | 119 | Independent Mortgage Company |
| 19 | Bell Bank | 74 | 35 | 82 | 3,624 | Bank |
| 20 | ROCKET MORTGAGE, LLC | 74 | 29 | 95 | 2,263 | Independent Mortgage Company |
| 21 | FAIRWAY INDEPENDENT MORTGAGE CORPORATION | 74 | 24 | 85 | 1,467 | Independent Mortgage Company |
| 22 | PENNYMAC LOAN SERVICES, LLC | 73 | 56 | 63 | 745 | Independent Mortgage Company |
| 23 | GUARANTEED RATE, INC. | 73 | 41 | 69 | 634 | Independent Mortgage Company |
| 24 | LOANDEPOT.COM, LLC | 73 | 48 | 76 | 620 | Independent Mortgage Company |
| 25 | BAY EQUITY LLC | 73 | 43 | 65 | 427 | Independent Mortgage Company |
| 26 | JPMorgan Chase Bank, National Association | 73 | 49 | 70 | 328 | Bank |
| 27 | FREEDOM MORTGAGE CORPORATION | 73 | 55 | 67 | 274 | Independent Mortgage Company |
| 28 | Bremer Bank, National Association | 73 | 41 | 62 | 204 | Bank |
| 29 | NexBank | 73 | 41 | 66 | 188 | Bank |
| 30 | Servion, Inc. | 73 | 45 | 77 | 161 | Independent Mortgage Company |
| 31 | TOPLINE FINANCIAL CREDIT UNION | 73 | 64 | 57 | 131 | Credit Union |
| 32 | Frandsen Bank & Trust | 73 | 43 | 73 | 117 | Bank |
| 33 | CROSSCOUNTRY MORTGAGE, LLC | 68 | 20 | 76 | 2,217 | Independent Mortgage Company |
| 34 | Prosperity Home Mortgage, LLC | 68 | 37 | 77 | 1,250 | Independent Mortgage Company |
| 35 | Summit Mortgage Corporation | 68 | 29 | 64 | 468 | Independent Mortgage Company |
| 36 | MOVEMENT MORTGAGE, LLC | 68 | 32 | 84 | 440 | Independent Mortgage Company |
| 37 | GUILD MORTGAGE COMPANY LLC | 68 | 25 | 83 | 436 | Independent Mortgage Company |
| 38 | CMG MORTGAGE, INC. | 68 | 33 | 81 | 431 | Independent Mortgage Company |
| 39 | SWBC MORTGAGE CORPORATION | 68 | 34 | 86 | 375 | Independent Mortgage Company |
| 40 | CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | 68 | 26 | 87 | 278 | Independent Mortgage Company |
| 41 | PRIMELENDING, A PLAINSCAPITAL COMPANY | 68 | 26 | 83 | 198 | Independent Mortgage Company |
| 42 | UNION HOME MORTGAGE CORP. | 68 | 22 | 83 | 165 | Independent Mortgage Company |
| 43 | AFFINITY PLUS | 66 | 56 | 47 | 300 | Credit Union |
| 44 | MUTUAL OF OMAHA MORTGAGE, INC. | 66 | 57 | 57 | 167 | Independent Mortgage Company |
| 45 | USAA Federal Savings Bank | 66 | 54 | 45 | 126 | Bank |
| 46 | M/I FINANCIAL, LLC | 63 | 38 | 75 | 586 | Independent Mortgage Company |
| 47 | GUARANTEED RATE AFFINITY, LLC | 63 | 33 | 60 | 575 | Independent Mortgage Company |
| 48 | Mortgage Research Center, LLC | 63 | 34 | 70 | 362 | Independent Mortgage Company |
| 49 | PLAZA HOME MORTGAGE, INC. | 63 | 36 | 69 | 335 | Independent Mortgage Company |
| 50 | Flagstar Bank, N.A. | 63 | 40 | 76 | 325 | Bank |

## Methodology

Safe Rate calculates these rankings using a risk-adjusted, data-driven scoring system based on Home Mortgage Disclosure Act (HMDA) filings. Rather than relying on simple averages, our statistical models control for loan-level risk factors (such as LTV, loan amount, and property value) to evaluate a lender's true competitiveness within Minneapolis.

Our composite SafeRate Score is derived using an equal, geometric weighting of the following factors:
1. **Pricing:** Evaluates the lender's interest rates and net fees relative to the market.
2. **Pull-Through:** Measures the percentage of applications that successfully close, indicating reliability and customer service.
3. **Local Place Knowledge:** Analyzes the lender's total number of loans originated in the specific geography to determine local market expertise.