Safe Rate Rankings

Best VA Mortgage Lenders in Minnesota

Updated February 6, 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 Lenders236
Total Loans63,948
Median Rate Spread0.25%

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
UNITED WHOLESALE MORTGAGE, LLCIndependent Mortgage Company
Exceptional
Strong
Exceptional
Exceptional
Exceptional
$3,056Fees
0.293%Above
4,740
2
Gate City BankBank
Exceptional
Exceptional
Strong
Exceptional
Strong
$2,700Fees
0.206%Below
321
3
U.S. Bank National AssociationBank
Exceptional
Strong
Exceptional
Strong
Exceptional
$873Fees
0.173%Above
1,505
4
Prosperity Home Mortgage, LLCIndependent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Exceptional
$2,669Fees
0.249%Above
1,495
5
Old National BankBank
Exceptional
Exceptional
Strong
Strong
Strong
$977Fees
0.128%Below
331
6
NAVY FEDERAL CREDIT UNIONCredit Union
Exceptional
Exceptional
Exceptional
Sound
Strong
$712Fees
0.499%Below
213
7
MEGASTAR FINANCIAL CORP.Independent Mortgage Company
Exceptional
Exceptional
Strong
Strong
Strong
$6,798Credit
0.338%Above
189
8
IOWA BANKERS MORTGAGE CORPORATIONIndependent Mortgage Company
Exceptional
Exceptional
Strong
Strong
Strong
$2,324Fees
0.030%Above
159
9
First Federal BankBank
Exceptional
Exceptional
Exceptional
Sound
Strong
$2,160Fees
0.269%Below
152
10
Bell BankBank
Exceptional
Sound
Exceptional
Exceptional
Exceptional
$2,925Fees
0.253%Above
4,389
11
GUARANTEED RATE, INC.Independent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Strong
$3,257Fees
0.224%Above
977
12
PENNYMAC LOAN SERVICES, LLCIndependent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Strong
$2,482Fees
0.106%Above
936
13
GUARANTEED RATE AFFINITY, LLCIndependent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Strong
$2,937Fees
0.358%Above
718
14
FREEDOM MORTGAGE CORPORATIONIndependent Mortgage Company
Exceptional
Strong
Exceptional
Strong
Strong
$2,696Fees
0.391%Above
433
15
Tradition Mortgage, LLCIndependent Mortgage Company
Exceptional
Sound
Strong
Exceptional
Exceptional
$2,101Fees
0.205%Above
925
16
M/I FINANCIAL, LLCIndependent Mortgage Company
Exceptional
Sound
Exceptional
Exceptional
Strong
$5,775Fees
0.222%Below
586
17
Merchants Bank, National AssociationBank
Exceptional
Strong
Strong
Exceptional
$2,010Fees
0.053%Below
538
18
MOVEMENT MORTGAGE, LLCIndependent Mortgage Company
Exceptional
Sound
Exceptional
Exceptional
Strong
$2,714Fees
0.448%Above
507
19
CMG MORTGAGE, INC.Independent Mortgage Company
Exceptional
Sound
Exceptional
Exceptional
Strong
$3,320Fees
0.283%Above
458
20
JPMorgan Chase Bank, National AssociationBank
Exceptional
Strong
Exceptional
Sound
Strong
$2,267Fees
0.142%Above
396
21
PRIMELENDING, A PLAINSCAPITAL COMPANYIndependent Mortgage Company
Exceptional
Sound
Exceptional
Exceptional
Strong
$3,266Fees
0.337%Above
335
22
USAA Federal Savings BankBank
Exceptional
Strong
Exceptional
Sound
Strong
$2,016Fees
0.109%Below
194
23
ARK-LA-TEX FINANCIAL SERVICES, LLC.Independent Mortgage Company
Exceptional
Sound
Exceptional
Exceptional
Strong
$2,571Fees
0.291%Above
153
24
ROCKET MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$3,910Fees
0.325%Above
3,524
25
FAIRWAY INDEPENDENT MORTGAGE CORPORATIONIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Exceptional
$3,456Fees
0.465%Above
2,146
26
Wells Fargo Bank, National AssociationBank
Strong
Sound
Exceptional
Sound
Exceptional
$2,002Fees
0.060%Above
1,187
27
TRUSTONE FINANCIAL CREDIT UNIONCredit Union
Strong
Strong
Sound
Sound
Exceptional
$1,571Fees
0.014%Below
1,006
28
Alerus Financial, National AssociationBank
Strong
Sound
Strong
Strong
Exceptional
$1,608Fees
0.259%Above
958
29
LOANDEPOT.COM, LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$2,963Fees
0.265%Above
948
30
NEWREZ LLCIndependent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$2,483Fees
0.329%Above
605
31
PLAZA HOME MORTGAGE, INC.Independent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$2,423Fees
0.155%Above
595
32
Flagstar Bank, N.A.Bank
Strong
Sound
Exceptional
Strong
Strong
$2,385Fees
0.259%Above
578
33
Servion, Inc.Independent Mortgage Company
Strong
Sound
Strong
Strong
Exceptional
$2,269Fees
0.253%Above
512
34
GRANITE BANKBank
Strong
Sound
Strong
Strong
Exceptional
$3,195Fees
0.318%Above
495
35
Plains Commerce BankBank
Strong
Sound
Exceptional
Strong
Strong
$2,432Fees
0.366%Above
424
36
MUTUAL OF OMAHA MORTGAGE, INC.Independent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$1,735Fees
0.092%Above
204
37
Paramount Residential Mortgage Group, Inc.Independent Mortgage Company
Strong
Sound
Exceptional
Strong
Strong
$4,935Fees
0.619%Above
150
38
CROSSCOUNTRY MORTGAGE, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Exceptional
$3,865Fees
0.409%Above
2,661
39
Royal Credit UnionCredit Union
Strong
Acceptable
Strong
Exceptional
Exceptional
$3,081Fees
0.268%Above
1,205
40
Summit Mortgage CorporationIndependent Mortgage Company
Strong
Sound
Strong
Sound
Exceptional
$3,170Fees
0.354%Above
639
41
North Shore Bank of CommerceBank
Strong
Acceptable
Strong
Exceptional
Exceptional
$3,437Fees
0.191%Above
477
42
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Exceptional
Strong
$4,183Fees
0.529%Above
399
43
Cambria Financial Group, LLCIndependent Mortgage Company
Strong
Acceptable
Strong
Exceptional
Exceptional
$2,676Fees
0.279%Above
360
44
Mortgage Research Center, LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$1,117Fees
0.385%Above
760
45
GUILD MORTGAGE COMPANY LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$2,959Fees
0.416%Above
467
46
BAY EQUITY LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$3,359Fees
0.312%Above
460
47
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIPIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$4,660Fees
0.566%Above
347
48
UNION HOME MORTGAGE CORP.Independent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$3,351Fees
0.461%Above
305
49
NATIONSTAR MORTGAGE LLCIndependent Mortgage Company
Strong
Acceptable
Exceptional
Strong
Strong
$3,756Fees
0.301%Above
268
50
HOMEOWNERS FINANCIAL GROUP USA, LLCIndependent Mortgage Company
Strong
Acceptable
Strong
Strong
Strong
$3,979Fees
0.455%Above
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.