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Safe Rate's TrueRank Guarantee
Our rankings are earned, not bought. We analyze 2,347 lenders using federal HMDA data—no pay-to-play, no cherry-picking. You see the best options based on performance metrics, not advertising dollars.
Best VA Mortgage Lenders in Minnesota
Updated February 6, 2026
Market Overview
236
Total Lenders
63,948
Total Loans
0.25%
Median Rate Spread
| Rank | Lender | Overall | Pricing | Product | Pull Through | Place | Avg Fees | Spread | Volume | Action |
|---|---|---|---|---|---|---|---|---|---|---|
1 | UNITED WHOLESALE MORTGAGE, LLC | Exceptional | Strong | Exceptional | Exceptional | Exceptional | $3,056 | +0.293% | 4,740 | |
2 | Gate City Bank | Exceptional | Exceptional | Strong | Exceptional | Strong | $2,700 | -0.206% | 321 | |
3 | U.S. Bank National Association | Exceptional | Strong | Exceptional | Strong | Exceptional | $873 | +0.173% | 1,505 | |
4 | Prosperity Home Mortgage, LLC | Exceptional | Strong | Exceptional | Strong | Exceptional | $2,669 | +0.249% | 1,495 | |
5 | Old National Bank | Exceptional | Exceptional | Strong | Strong | Strong | $977 | -0.128% | 331 | |
6 | NAVY FEDERAL CREDIT UNION | Exceptional | Exceptional | Exceptional | Sound | Strong | $712 | -0.499% | 213 | |
7 | MEGASTAR FINANCIAL CORP. | Exceptional | Exceptional | Strong | Strong | Strong | -$6,798 | +0.338% | 189 | |
8 | IOWA BANKERS MORTGAGE CORPORATION | Exceptional | Exceptional | Strong | Strong | Strong | $2,324 | +0.030% | 159 | |
9 | First Federal Bank | Exceptional | Exceptional | Exceptional | Sound | Strong | $2,160 | -0.269% | 152 | |
10 | Bell Bank | Exceptional | Sound | Exceptional | Exceptional | Exceptional | $2,925 | +0.253% | 4,389 | |
11 | GUARANTEED RATE, INC. | Exceptional | Strong | Exceptional | Strong | Strong | $3,257 | +0.224% | 977 | |
12 | PENNYMAC LOAN SERVICES, LLC | Exceptional | Strong | Exceptional | Strong | Strong | $2,482 | +0.106% | 936 | |
13 | GUARANTEED RATE AFFINITY, LLC | Exceptional | Strong | Exceptional | Strong | Strong | $2,937 | +0.358% | 718 | |
14 | FREEDOM MORTGAGE CORPORATION | Exceptional | Strong | Exceptional | Strong | Strong | $2,696 | +0.391% | 433 | |
15 | Tradition Mortgage, LLC | Exceptional | Sound | Strong | Exceptional | Exceptional | $2,101 | +0.205% | 925 | |
16 | M/I FINANCIAL, LLC | Exceptional | Sound | Exceptional | Exceptional | Strong | $5,775 | -0.222% | 586 | |
17 | Merchants Bank, National Association | Exceptional | Strong | — | Strong | Exceptional | $2,010 | -0.053% | 538 | |
18 | MOVEMENT MORTGAGE, LLC | Exceptional | Sound | Exceptional | Exceptional | Strong | $2,714 | +0.448% | 507 | |
19 | CMG MORTGAGE, INC. | Exceptional | Sound | Exceptional | Exceptional | Strong | $3,320 | +0.283% | 458 | |
20 | JPMorgan Chase Bank, National Association | Exceptional | Strong | Exceptional | Sound | Strong | $2,267 | +0.142% | 396 | |
21 | PRIMELENDING, A PLAINSCAPITAL COMPANY | Exceptional | Sound | Exceptional | Exceptional | Strong | $3,266 | +0.337% | 335 | |
22 | USAA Federal Savings Bank | Exceptional | Strong | Exceptional | Sound | Strong | $2,016 | -0.109% | 194 | |
23 | ARK-LA-TEX FINANCIAL SERVICES, LLC. | Exceptional | Sound | Exceptional | Exceptional | Strong | $2,571 | +0.291% | 153 | |
24 | ROCKET MORTGAGE, LLC | Strong | Acceptable | Exceptional | Exceptional | Exceptional | $3,910 | +0.325% | 3,524 | |
25 | FAIRWAY INDEPENDENT MORTGAGE CORPORATION | Strong | Acceptable | Exceptional | Exceptional | Exceptional | $3,456 | +0.465% | 2,146 | |
26 | Wells Fargo Bank, National Association | Strong | Sound | Exceptional | Sound | Exceptional | $2,002 | +0.060% | 1,187 | |
27 | TRUSTONE FINANCIAL CREDIT UNION | Strong | Strong | Sound | Sound | Exceptional | $1,571 | -0.014% | 1,006 | |
28 | Alerus Financial, National Association | Strong | Sound | Strong | Strong | Exceptional | $1,608 | +0.259% | 958 | |
29 | LOANDEPOT.COM, LLC | Strong | Sound | Exceptional | Strong | Strong | $2,963 | +0.265% | 948 | |
30 | NEWREZ LLC | Strong | Sound | Exceptional | Strong | Strong | $2,483 | +0.329% | 605 | |
31 | PLAZA HOME MORTGAGE, INC. | Strong | Sound | Exceptional | Strong | Strong | $2,423 | +0.155% | 595 | |
32 | Flagstar Bank, N.A. | Strong | Sound | Exceptional | Strong | Strong | $2,385 | +0.259% | 578 | |
33 | Servion, Inc. | Strong | Sound | Strong | Strong | Exceptional | $2,269 | +0.253% | 512 | |
34 | GRANITE BANK | Strong | Sound | Strong | Strong | Exceptional | $3,195 | +0.318% | 495 | |
35 | Plains Commerce Bank | Strong | Sound | Exceptional | Strong | Strong | $2,432 | +0.366% | 424 | |
36 | MUTUAL OF OMAHA MORTGAGE, INC. | Strong | Sound | Exceptional | Strong | Strong | $1,735 | +0.092% | 204 | |
37 | Paramount Residential Mortgage Group, Inc. | Strong | Sound | Exceptional | Strong | Strong | $4,935 | +0.619% | 150 | |
38 | CROSSCOUNTRY MORTGAGE, LLC | Strong | Acceptable | Exceptional | Strong | Exceptional | $3,865 | +0.409% | 2,661 | |
39 | Royal Credit Union | Strong | Acceptable | Strong | Exceptional | Exceptional | $3,081 | +0.268% | 1,205 | |
40 | Summit Mortgage Corporation | Strong | Sound | Strong | Sound | Exceptional | $3,170 | +0.354% | 639 | |
41 | North Shore Bank of Commerce | Strong | Acceptable | Strong | Exceptional | Exceptional | $3,437 | +0.191% | 477 | |
42 | AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | Strong | Acceptable | Exceptional | Exceptional | Strong | $4,183 | +0.529% | 399 | |
43 | Cambria Financial Group, LLC | Strong | Acceptable | Strong | Exceptional | Exceptional | $2,676 | +0.279% | 360 | |
44 | Mortgage Research Center, LLC | Strong | Acceptable | Exceptional | Strong | Strong | $1,117 | +0.385% | 760 | |
45 | GUILD MORTGAGE COMPANY LLC | Strong | Acceptable | Exceptional | Strong | Strong | $2,959 | +0.416% | 467 | |
46 | BAY EQUITY LLC | Strong | Acceptable | Exceptional | Strong | Strong | $3,359 | +0.312% | 460 | |
47 | CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | Strong | Acceptable | Exceptional | Strong | Strong | $4,660 | +0.566% | 347 | |
48 | UNION HOME MORTGAGE CORP. | Strong | Acceptable | Exceptional | Strong | Strong | $3,351 | +0.461% | 305 | |
49 | NATIONSTAR MORTGAGE LLC | Strong | Acceptable | Exceptional | Strong | Strong | $3,756 | +0.301% | 268 | |
50 | HOMEOWNERS FINANCIAL GROUP USA, LLC | Strong | Acceptable | Strong | Strong | Strong | $3,979 | +0.455% | 307 |
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.
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