# Best Mortgage Lenders in Minnesota - 2026


> **📋 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


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

## Market Overview

- **Location:** Minnesota
- **Ranking Type:** Best Mortgage Lenders
- **Scope:** All Mortgage Lenders
- **Total Lenders in Market:** 236
- **Total Loan Volume:** 63,948
- **Last Updated:** 2026-02-06

## Top Lenders

| Rank | Lender | Type | Overall | Pricing | Pull Through |
|------|--------|------|---------|---------|--------------|
| 1 | [Royal Credit Union](https://saferate.com/lenders/royal-credit-union) | Credit Union | Exceptional 🤩 | Strong 😀 | Exceptional 🤩 |
| 2 | [MAGNIFI FINANCIAL CREDIT UNION](https://saferate.com/lenders/magnifi-financial-credit-union) | Credit Union | Exceptional 🤩 | Strong 😀 | Exceptional 🤩 |
| 3 | [IOWA BANKERS MORTGAGE CORPORATION](https://saferate.com/lenders/iowa-bankers-mortgage) | Independent Mortgage Company | Exceptional 🤩 | Exceptional 🤩 | Exceptional 🤩 |
| 4 | [U.S. Bank National Association](https://saferate.com/lenders/us-bank-national-association) | Bank | Exceptional 🤩 | Strong 😀 | Strong 😀 |
| 5 | [Wings Financial Credit Union](https://saferate.com/lenders/wings-financial-credit-union) | Credit Union | Exceptional 🤩 | Strong 😀 | Strong 😀 |
| 6 | [Merchants Bank, National Association](https://saferate.com/lenders/merchants-bank-national-association) | Bank | Exceptional 🤩 | Strong 😀 | Strong 😀 |
| 7 | [Old National Bank](https://saferate.com/lenders/old-national-bank) | Bank | Exceptional 🤩 | Exceptional 🤩 | Strong 😀 |
| 8 | [Gate City Bank](https://saferate.com/lenders/gate-city-bank) | Bank | Exceptional 🤩 | Strong 😀 | Exceptional 🤩 |
| 9 | [Associated Bank, National Association](https://saferate.com/lenders/associated-bank-national-association) | Bank | Exceptional 🤩 | Exceptional 🤩 | Strong 😀 |
| 10 | [MEGASTAR FINANCIAL CORP.](https://saferate.com/lenders/megastar-financial) | Independent Mortgage Company | Exceptional 🤩 | Exceptional 🤩 | Strong 😀 |
| 11 | [UNITED WHOLESALE MORTGAGE, LLC](https://saferate.com/lenders/united-wholesale-mortgage) | Independent Mortgage Company | Exceptional 🤩 | Sound ☺️ | Exceptional 🤩 |
| 12 | [The Huntington National Bank](https://saferate.com/lenders/the-huntington-national-bank) | Bank | Exceptional 🤩 | Strong 😀 | Strong 😀 |
| 13 | [Think Mutual Bank](https://saferate.com/lenders/think-mutual-bank) | Bank | Exceptional 🤩 | Strong 😀 | Strong 😀 |
| 14 | [Bank of America, National Association](https://saferate.com/lenders/bank-of-america-national-association) | Bank | Exceptional 🤩 | Strong 😀 | Strong 😀 |
| 15 | [Liberty Bank Minnesota](https://saferate.com/lenders/liberty-bank-minnesota) | Bank | Exceptional 🤩 | Strong 😀 | Strong 😀 |
| 16 | [Wells Fargo Bank, National Association](https://saferate.com/lenders/wells-fargo-bank-national-association) | Bank | Strong 😀 | Strong 😀 | Sound ☺️ |
| 17 | [TRUSTONE FINANCIAL CREDIT UNION](https://saferate.com/lenders/trustone-financial-credit-union) | Credit Union | Strong 😀 | Strong 😀 | Sound ☺️ |
| 18 | [Alerus Financial, National Association](https://saferate.com/lenders/alerus-financial-national-association) | Bank | Strong 😀 | Sound ☺️ | Strong 😀 |
| 19 | [Tradition Mortgage, LLC](https://saferate.com/lenders/tradition-mortgage) | Independent Mortgage Company | Strong 😀 | Sound ☺️ | Strong 😀 |
| 20 | [Bremer Bank, National Association](https://saferate.com/lenders/bremer-bank-national-association) | Bank | Strong 😀 | Sound ☺️ | Strong 😀 |
| 21 | [Spire Credit Union](https://saferate.com/lenders/spire-credit-union) | Credit Union | Strong 😀 | Strong 😀 | Sound ☺️ |
| 22 | [Servion, Inc.](https://saferate.com/lenders/servion) | Independent Mortgage Company | Strong 😀 | Sound ☺️ | Strong 😀 |
| 23 | [Frandsen Bank & Trust](https://saferate.com/lenders/frandsen-bank-trust) | Bank | Strong 😀 | Sound ☺️ | Strong 😀 |
| 24 | [ALTRA Federal Credit Union](https://saferate.com/lenders/altra-federal-credit-union) | Credit Union | Strong 😀 | Sound ☺️ | Exceptional 🤩 |
| 25 | [NAVY FEDERAL CREDIT UNION](https://saferate.com/lenders/navy-federal-credit-union) | Credit Union | Strong 😀 | Exceptional 🤩 | Sound ☺️ |

## Lender Profiles

Click on any lender above to view their full Safe Rate profile, including:
- Detailed pricing analysis
- Pull-through rates
- Product specializations
- Safe Rate Awards
- Geographic coverage

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*Rankings provided by Safe Rate based on HMDA data analysis.*
*Data Version: 2024-HMDA | Last Updated: 2026-02-06*

[View interactive rankings on Safe Rate](https://saferate.com/minnesota/best-mortgage-lenders)