Safe Rate Rankings

Best Mortgage Lenders in St. Cloud

Updated February 5, 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.

Market

Total Lenders44

Total Loans1,801

Median Rate Spread0.28%

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Rank	Lender	Overall	Pricing	Pull Through	Place	Avg Fees	Rate Spread	# of Loans
1	MAGNIFI FINANCIAL CREDIT UNIONCredit Union	Exceptional	Strong	Exceptional	Exceptional	$836Fees	0.067%Below	217
2	Liberty Bank MinnesotaBank	Exceptional	Strong	Strong	Exceptional	$1,028Fees	0.143%Above	111
3	U.S. Bank National AssociationBank	Strong	Strong	Strong	Strong	$858Fees	0.231%Above	38
4	Royal Credit UnionCredit Union	Strong	Strong	Exceptional	Sound	$3,163Fees	0.705%Above	26
5	UNITED WHOLESALE MORTGAGE, LLCIndependent Mortgage Company	Strong	Sound	Exceptional	Strong	$2,718Fees	0.303%Above	110
6	ST. CLOUD FINANCIALCredit Union	Strong	Acceptable	Exceptional	Exceptional	$2,812Fees	0.078%Above	103
7	Bremer Bank, National AssociationBank	Strong	Sound	Strong	Strong	$3,240Fees	0.132%Above	42
8	FREEDOM MORTGAGE CORPORATIONIndependent Mortgage Company	Strong	Sound	Strong	Strong	$3,350Fees	0.336%Above	41
9	Deerwood BankBank	Strong	Sound	Strong	Strong	$2,426Fees	0.230%Above	32
10	Wells Fargo Bank, National AssociationBank	Strong	Strong	Sound	Sound	$1,992Fees	0.127%Above	21
11	ROCKET MORTGAGE, LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Strong	$3,663Fees	0.369%Above	111
12	FAIRWAY INDEPENDENT MORTGAGE CORPORATIONIndependent Mortgage Company	Strong	Acceptable	Exceptional	Strong	$2,997Fees	0.521%Above	57
13	Bell BankBank	Strong	Acceptable	Exceptional	Strong	$1,891Fees	0.382%Above	45
14	PRIMELENDING, A PLAINSCAPITAL COMPANYIndependent Mortgage Company	Strong	Acceptable	Exceptional	Strong	$3,417Fees	0.413%Above	37
15	PENNYMAC LOAN SERVICES, LLCIndependent Mortgage Company	Strong	Sound	Strong	Sound	$2,349Fees	0.109%Above	35
16	Servion, Inc.Independent Mortgage Company	Strong	Sound	Strong	Sound	$3,196Fees	0.055%Above	21
17	PLAZA HOME MORTGAGE, INC.Independent Mortgage Company	Strong	Acceptable	Strong	Strong	$2,544Fees	0.123%Above	99
18	CROSSCOUNTRY MORTGAGE, LLCIndependent Mortgage Company	Strong	Acceptable	Strong	Strong	$3,387Fees	0.390%Above	57
19	Mortgage Research Center, LLCIndependent Mortgage Company	Strong	Acceptable	Strong	Strong	$2,271Fees	0.636%Above	40
20	HOMEOWNERS FINANCIAL GROUP USA, LLCIndependent Mortgage Company	Sound	Mediocre	Strong	Exceptional	$3,655Fees	0.476%Above	124
21	NEW AMERICAN FUNDING, LLCIndependent Mortgage Company	Sound	Acceptable	Sound	Strong	$3,524Fees	0.516%Above	56
22	EVERETT FINANCIAL, INC.Independent Mortgage Company	Sound	Mediocre	Exceptional	Strong	$4,514Fees	0.960%Above	38
23	GUARANTEED RATE AFFINITY, LLCIndependent Mortgage Company	Sound	Acceptable	Strong	Sound	$3,094Fees	0.491%Above	24
24	Prosperity Home Mortgage, LLCIndependent Mortgage Company	Sound	Acceptable	Strong	Sound	$1,556Fees	0.274%Above	21

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 30 Points)

Pricing

Rate and fee competitiveness (33%)

Pull Through

Reliability in closing loans (33%)

Place

Local market expertise (33%)

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.