🛡️
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 Conventional Mortgage Lenders in Rochester
Updated February 5, 2026
Market Overview
40
Total Lenders
2,266
Total Loans
0.21%
Median Rate Spread
| Rank | Lender | Overall | Pricing | Product | Pull Through | Place | Avg Fees | Spread | Volume | Action |
|---|---|---|---|---|---|---|---|---|---|---|
1 | Associated Bank, National Association | Exceptional | Exceptional | Exceptional | Strong | Sound | $1,117 | -0.163% | 22 | |
2 | Think Mutual Bank | Exceptional | Strong | Strong | Strong | Exceptional | $1,869 | -0.128% | 229 | |
3 | ALTRA Federal Credit Union | Exceptional | Sound | Exceptional | Exceptional | Exceptional | $2,280 | +0.178% | 93 | |
4 | U.S. Bank National Association | Exceptional | Strong | Exceptional | Strong | Strong | $1,207 | +0.013% | 90 | |
5 | Merchants Bank, National Association | Exceptional | Strong | Strong | Strong | Exceptional | $2,363 | -0.115% | 87 | |
6 | NAVY FEDERAL CREDIT UNION | Exceptional | Exceptional | Exceptional | Sound | Sound | $294 | -0.457% | 11 | |
7 | The Huntington National Bank | Exceptional | Strong | Exceptional | Strong | Sound | $1,334 | +0.548% | 11 | |
8 | UNITED WHOLESALE MORTGAGE, LLC | Strong | Acceptable | Exceptional | Exceptional | Exceptional | $3,497 | +0.258% | 308 | |
9 | Alerus Financial, National Association | Strong | Sound | Strong | Strong | Exceptional | $2,602 | -0.031% | 156 | |
10 | First Federal Bank | Strong | Strong | Strong | Sound | Strong | $2,452 | -0.208% | 78 | |
11 | LOANDEPOT.COM, LLC | Strong | Sound | Exceptional | Strong | Strong | $3,473 | +0.615% | 61 | |
12 | Wells Fargo Bank, National Association | Strong | Strong | Exceptional | Sound | Sound | $2,760 | +0.123% | 36 | |
13 | Bell Bank | Strong | Acceptable | Exceptional | Strong | Exceptional | $3,813 | +0.111% | 166 | |
14 | ROCKET MORTGAGE, LLC | Strong | Acceptable | Exceptional | Exceptional | Strong | $4,125 | +0.369% | 120 | |
15 | Bremer Bank, National Association | Strong | Sound | Strong | Strong | Strong | $3,198 | +0.187% | 77 | |
16 | Servion, Inc. | Strong | Sound | Strong | Strong | Strong | $2,445 | +0.017% | 45 | |
17 | BAY EQUITY LLC | Strong | Sound | Exceptional | Strong | Sound | $3,430 | +0.375% | 26 | |
18 | Barrington Bank & Trust Company, National Association | Strong | Sound | Exceptional | Strong | Sound | $2,735 | +0.563% | 24 | |
19 | JPMorgan Chase Bank, National Association | Strong | Sound | Exceptional | Strong | Sound | $3,872 | -0.177% | 12 | |
20 | GUARANTEED RATE, INC. | Strong | Acceptable | Exceptional | Strong | Strong | $2,605 | +0.214% | 90 | |
21 | FAIRWAY INDEPENDENT MORTGAGE CORPORATION | Strong | Acceptable | Exceptional | Strong | Strong | $3,562 | +0.482% | 77 | |
22 | Prosperity Home Mortgage, LLC | Strong | Acceptable | Exceptional | Strong | Strong | $2,447 | +0.163% | 58 | |
23 | Minnwest Bank | Strong | Strong | Sound | Sound | Sound | $2,376 | -0.404% | 17 | |
24 | Frandsen Bank & Trust | Strong | Sound | Strong | Strong | Sound | $2,441 | +0.265% | 14 | |
25 | PENNYMAC LOAN SERVICES, LLC | Strong | Sound | Exceptional | Sound | Sound | $3,522 | -0.421% | 12 | |
26 | GUARANTEED RATE AFFINITY, LLC | Strong | Acceptable | Exceptional | Sound | Strong | $2,826 | +0.279% | 59 | |
27 | MAYO EMPLOYEES FEDERAL CREDIT UNION | Strong | Sound | Sound | Sound | Strong | $3,812 | -0.135% | 46 | |
28 | PRIMELENDING, A PLAINSCAPITAL COMPANY | Strong | Acceptable | Exceptional | Strong | Sound | $2,799 | +0.437% | 27 | |
29 | CROSSCOUNTRY MORTGAGE, LLC | Strong | Acceptable | Exceptional | Strong | Sound | $3,748 | +0.456% | 27 | |
30 | Plains Commerce Bank | Strong | Acceptable | Exceptional | Strong | Sound | $3,137 | +0.225% | 24 | |
31 | AFFINITY PLUS | Strong | Sound | Strong | Sound | Sound | $2,446 | -0.160% | 20 | |
32 | WNB FINANCIAL, N.A. | Strong | Sound | Sound | Strong | Sound | $1,676 | +0.038% | 16 | |
33 | NEW AMERICAN FUNDING, LLC | Strong | Acceptable | Exceptional | Sound | Sound | $3,423 | +0.683% | 26 | |
34 | NEWREZ LLC | Strong | Acceptable | Exceptional | Sound | Sound | $2,399 | +0.260% | 15 | |
35 | Luminate Home Loans, Inc. | Sound | Mediocre | Exceptional | Strong | Sound | $4,697 | +0.395% | 12 | |
36 | COMPEER FINANCIAL, FLCA | Sound | Mediocre | Strong | Sound | Sound | $3,070 | +0.665% | 18 | |
37 | MARINE CREDIT UNION | Sound | Mediocre | Strong | Sound | Sound | $2,664 | +1.351% | 16 |
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.
Ready to find your perfect lender?
Get personalized recommendations based on your specific needs
Rochester, MNConventional
No credit impact
3-minute process
100% free