Safe Rate Rankings

Best Jumbo Mortgage Lenders in Minneapolis

Updated May 24, 2026
⚖️ The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.
🛡️ No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.
📊 HMDA 2024Built using publicly available originated loan data from the federal government.
🎯 Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.
Total Lenders202
Total Loans44,572
Median Rate Spread0.23%

Shopping for a mortgage? Click the heart icon to save lenders to My Home and make comparison painless.

RankLenderOverallPricingProductPull ThroughPlaceAvg FeesRate Spread# of LoansAction
1
U.S. Bank National AssociationBank
Exceptional
Exceptional
Exceptional
Strong
Exceptional
$677Fees
0.140%Above
972
2
Wells Fargo Bank, National AssociationBank
Exceptional
Exceptional
Exceptional
Strong
Exceptional
$1,830Fees
0.004%Below
880
3
Bank of America, National AssociationBank
Exceptional
Exceptional
Exceptional
Strong
Strong
$1,518Fees
0.079%Below
191
4
Associated Bank, National AssociationBank
Exceptional
Exceptional
Exceptional
Sound
Strong
$723Fees
0.203%Below
273
5
NAVY FEDERAL CREDIT UNIONCredit Union
Exceptional
Exceptional
Exceptional
Sound
Strong
$663Fees
0.525%Below
142
6
Royal Credit UnionCredit Union
Exceptional
Strong
Strong
Strong
Exceptional
$2,928Fees
0.241%Above
1,191
7
GUARANTEED RATE, INC.Independent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Strong
$3,495Fees
0.185%Above
634
8
Wings Financial Credit UnionCredit Union
Exceptional
Strong
Strong
Strong
Exceptional
$1,446Fees
0.247%Below
571
9
Old National BankBank
Exceptional
Strong
Exceptional
Strong
Strong
$954Fees
0.145%Below
298
10
Bell BankBank
Exceptional
Sound
Exceptional
Strong
Exceptional
$2,964Fees
0.254%Above
3,624
11
UNITED WHOLESALE MORTGAGE, LLCIndependent Mortgage Company
Exceptional
Sound
Exceptional
Strong
Exceptional
$3,020Fees
0.265%Above
3,122
12
ROCKET MORTGAGE, LLCIndependent Mortgage Company
Exceptional
Sound
Exceptional
Strong
Exceptional
$4,083Fees
0.255%Above
2,263
13
TRUSTONE FINANCIAL CREDIT UNIONCredit Union
Exceptional
Strong
Strong
Sound
Exceptional
$1,544Fees
0.021%Below
908
14
Baxter Credit UnionCredit Union
Exceptional
Exceptional
Sound
Sound
Strong
$852Fees
0.008%Below
154
15
Frandsen Bank & TrustBank
Exceptional
Strong
Strong
Strong
Strong
$2,561Fees
0.013%Below
117
16
Tradition Mortgage, LLCIndependent Mortgage Company
Strong
Sound
Strong
Strong
Exceptional
$2,007Fees
0.191%Above
826
17
PENNYMAC LOAN SERVICES, LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$2,421Fees
0.109%Above
745
18
Alerus Financial, National AssociationBank
Strong
Sound
Strong
Strong
Exceptional
$1,331Fees
0.322%Above
647
19
JPMorgan Chase Bank, National AssociationBank
Strong
Sound
Exceptional
Strong
Strong
$2,172Fees
0.122%Above
328
20
CROSSCOUNTRY MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Exceptional
$3,854Fees
0.393%Above
2,217
21
FAIRWAY INDEPENDENT MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Exceptional
$3,504Fees
0.404%Above
1,467
22
Prosperity Home Mortgage, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Exceptional
$2,775Fees
0.235%Above
1,250
23
GUARANTEED RATE AFFINITY, LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Sound
Strong
$2,962Fees
0.354%Above
575
24
NEW AMERICAN FUNDING, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Sound
Exceptional
$3,793Fees
0.470%Above
1,187
25
The Huntington National BankBank
Strong
Acceptable
Exceptional
Strong
Strong
$1,501Fees
0.244%Above
601
26
GUILD MORTGAGE COMPANY LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$2,983Fees
0.455%Above
436
27
Luminate Home Loans, Inc.Independent Mortgage Company
Strong
Mediocre
Exceptional
Sound
Exceptional
$4,563Fees
0.391%Above
1,130
28
EVERETT FINANCIAL, INC.Independent Mortgage Company
Sound
Mediocre
Exceptional
Sound
Strong
$4,234Fees
0.638%Above
592
29
Bremer Bank, National AssociationBank
Sound
Mediocre
Strong
Strong
Strong
$3,146Fees
0.216%Above
204

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 40 Points)

10
Pricing
Rate and fee competitiveness (25%)
10
Pull Through
Reliability in closing loans (25%)
10
Product
Specialization in the loan type (25%)
10
Place
Local market expertise (25%)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.