Mortgage lenders in Olmsted County
3,562 mortgages were made in Olmsted County, Minnesota, in 2025, by 295 lenders. The median rate their borrowers got was 6.500% on a median loan of $245,000. Of 4,333 decisions, 620 were denials — 14.3%, most often for debt-to-income ratio.
| Lender | Mortgages made | Median rate | Median loan | Denied |
|---|---|---|---|---|
| Think Mutual Bank | 398 | 6.690% | $155,000 | 9.6% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 335 | 6.399% | $285,000 | 8.4% |
| Alerus Financial, National Association | 164 | 6.495% | $260,000 | 8.0% |
| MAYO EMPLOYEES FEDERAL CREDIT UNION | 153 | 6.590% | $65,000 | 17.3% |
| U.S. Bank National Association | 144 | 6.625% | $215,000 | 31.1% |
| Bell Bank | 139 | 6.490% | $255,000 | 6.7% |
| Merchants Bank, National Association | 128 | 6.150% | $240,000 | 7.8% |
| ALTRA Federal Credit Union | 120 | 6.513% | $205,000 | 10.9% |
| First Alliance Credit Union | 114 | 7.000% | $75,000 | 20.4% |
| Rocket Mortgage, LLC | 100 | 6.500% | $215,000 | 20.2% |
| AFFINITY PLUS | 87 | 6.490% | $65,000 | 18.4% |
| GUARANTEED RATE, INC. | 78 | 6.663% | $270,000 | 2.5% |
| Fairway Independent Mortgage Corporation | 71 | 6.625% | $255,000 | 0.0% |
| Old National Bank | 69 | 6.375% | $235,000 | 10.4% |
| Prosperity Home Mortgage, LLC | 69 | 6.500% | $295,000 | 1.4% |
| Servion, Inc. | 59 | 6.125% | $305,000 | 1.6% |
| Loandepot.Com, LLC | 58 | 6.875% | $240,000 | 7.9% |
| GUARANTEED RATE AFFINITY, LLC | 57 | 6.625% | $255,000 | 5.0% |
| Foresight Bank | 52 | Not published | $275,000 | 6.7% |
| Frandsen Bank & Trust | 50 | 7.065% | $150,000 | 1.9% |
| Associated Bank, National Association | 47 | 6.750% | $165,000 | 26.6% |
| First Federal Bank | 39 | 6.375% | $285,000 | 2.5% |
| PENNYMAC LOAN SERVICES, LLC | 38 | 6.124% | $300,000 | 6.8% |
| Peoples State Bank of Plainview | 36 | Not published | $175,000 | 2.7% |
| F & M Community Bank, National Association | 34 | Not published | $220,000 | 0.0% |
| Bremer Bank, National Association | 31 | 6.625% | $225,000 | 18.4% |
| Mortgage Research Center, LLC | 27 | 6.250% | $365,000 | 20.6% |
| CROSSCOUNTRY MORTGAGE, INC. | 27 | 6.625% | $205,000 | 3.6% |
| Eagle Rock Bank | 25 | Not published | $275,000 | 0.0% |
| Wells Fargo Bank, National Association | 24 | 6.375% | $215,000 | 10.7% |
| MANUFACTURERS BANK & TRUST COMPANY | 22 | Not published | $205,000 | 0.0% |
| First Security Bank | 22 | Not published | $280,000 | 0.0% |
| Granite Bank | 21 | 6.750% | $265,000 | 0.0% |
| Barrington Bank & Trust Company, National Association | 20 | 6.750% | $235,000 | 0.0% |
| Premier Bank Minnesota | 19 | Not published | $255,000 | 3.7% |
| The Huntington National Bank | 19 | 6.125% | $315,000 | 17.4% |
| Coastal Community Bank | 18 | 9.115% | $60,000 | 1.8% |
| Navy Federal Credit Union | 18 | 6.000% | $265,000 | 30.8% |
| Sterling State Bank | 16 | Not published | $255,000 | 11.1% |
| NEWREZ LLC | 15 | 6.500% | $285,000 | 28.6% |
| LENNAR MORTGAGE, LLC | 15 | 5.875% | $465,000 | 6.3% |
| NATIONSTAR MORTGAGE LLC | 14 | 7.750% | $115,000 | 22.2% |
| Citizens Bank, National Association | 14 | 6.375% | $195,000 | 21.1% |
| Minnwest Bank | 14 | 6.750% | $215,000 | 0.0% |
| Broker Solutions, Inc. | 13 | 6.625% | $325,000 | 18.8% |
| Blaze Credit Union | 13 | 6.000% | $145,000 | 12.5% |
| MARINE CREDIT UNION | 12 | 8.480% | $195,000 | 34.8% |
| Coulee Bank | 11 | Not published | $245,000 | 0.0% |
| Wings Financial Credit Union | 11 | 6.250% | $345,000 | 15.8% |
| SOFI BANK, NATIONAL ASSOCIATION | 10 | 7.183% | $180,000 | 20.0% |
| THE LOAN STORE, INC. | 10 | 6.750% | $230,000 | 8.3% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | 10 | 6.813% | $305,000 | 9.1% |
| GUIDANCE RESIDENTIAL, LLC | 10 | 6.938% | $335,000 | 9.1% |
| FIGURE LENDING LLC | 9 | Under 10 loans | Under 10 loans | 28.6% |
| COMPEER FINANCIAL, FLCA | 9 | Under 10 loans | Under 10 loans | 25.0% |
| Bank of America, National Association | 9 | Under 10 loans | Under 10 loans | 40.0% |
| JPMorgan Chase Bank, National Association | 9 | Under 10 loans | Under 10 loans | 25.0% |
| USAA Federal Savings Bank | 8 | Under 10 loans | Under 10 loans | 27.3% |
| CMG MORTGAGE, INC. | 8 | Under 10 loans | Under 10 loans | 0.0% |
| MUTUAL OF OMAHA MORTGAGE, INC. | 8 | Under 10 loans | Under 10 loans | 11.1% |
| FREEDOM MORTGAGE CORPORATION | 7 | Under 10 loans | Under 10 loans | 20.0% |
| TRUSTONE FINANCIAL CREDIT UNION | 7 | Under 10 loans | Under 10 loans | 22.2% |
| Royal Credit Union | 7 | Under 10 loans | Under 10 loans | 11.1% |
| Tradition Mortgage, LLC | 7 | Under 10 loans | Under 10 loans | 0.0% |
| SPRING EQ, LLC | 6 | Under 10 loans | Under 10 loans | 75.0% |
| Plains Commerce Bank | 6 | Under 10 loans | Under 10 loans | 14.3% |
| Cambria Financial Group, LLC | 6 | Under 10 loans | Under 10 loans | 0.0% |
| Park State Bank | 6 | Under 10 loans | Under 10 loans | 14.3% |
| BAY EQUITY LLC | 6 | Under 10 loans | Under 10 loans | 0.0% |
| Discover Bank | 5 | Under 10 loans | Under 10 loans | 77.8% |
| AmeriSave Mortgage Corporation | 5 | Under 10 loans | Under 10 loans | 60.0% |
| CARRINGTON MORTGAGE SERVICES, LLC | 5 | Under 10 loans | Under 10 loans | 30.0% |
| 254900M2C4Q6DATP2889 | 5 | Under 10 loans | Under 10 loans | 16.7% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | 5 | Under 10 loans | Under 10 loans | 28.6% |
| PLAZA HOME MORTGAGE, INC. | 5 | Under 10 loans | Under 10 loans | 37.5% |
| PNC Bank, National Association | 5 | Under 10 loans | Under 10 loans | 33.3% |
| Luminate Bank | 5 | Under 10 loans | Under 10 loans | 0.0% |
| Genisys Credit Union | 5 | Under 10 loans | Under 10 loans | 16.7% |
| Nations Lending Corporation | 5 | Under 10 loans | Under 10 loans | 0.0% |
| PREMIER LENDING, INC. | 5 | Under 10 loans | Under 10 loans | 0.0% |
| BETTER MORTGAGE CORPORATION | 4 | Under 10 loans | Under 10 loans | 55.6% |
| RESICENTRAL, LLC | 4 | Under 10 loans | Under 10 loans | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | 4 | Under 10 loans | Under 10 loans | 20.0% |
| VERIDIAN CREDIT UNION | 4 | Under 10 loans | Under 10 loans | 20.0% |
| NexBank | 4 | Under 10 loans | Under 10 loans | 20.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | 4 | Under 10 loans | Under 10 loans | 0.0% |
| KEYSTONE FUNDING, INC. | 4 | Under 10 loans | Under 10 loans | 0.0% |
| Premia Mortgage, LLC DBA Premia Relocation Mortgage | 4 | Under 10 loans | Under 10 loans | 0.0% |
| Stifel Bank and Trust | 4 | Under 10 loans | Under 10 loans | 0.0% |
| 21st Mortgage Corporation | 3 | Under 10 loans | Under 10 loans | 81.3% |
| LAKEVIEW LOAN SERVICING, LLC | 3 | Under 10 loans | Under 10 loans | 64.3% |
| ZILLOW HOME LOANS, LLC | 3 | Under 10 loans | Under 10 loans | 0.0% |
| HOMEXPRESS MORTGAGE CORP. | 3 | Under 10 loans | Under 10 loans | 50.0% |
| AMERICAN FINANCIAL NETWORK, INC. | 3 | Under 10 loans | Under 10 loans | 25.0% |
| OCMBC, INC. | 3 | Under 10 loans | Under 10 loans | 0.0% |
| LENDINGONE, LLC | 3 | Under 10 loans | Under 10 loans | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | 3 | Under 10 loans | Under 10 loans | 0.0% |
| SWBC MORTGAGE CORPORATION | 3 | Under 10 loans | Under 10 loans | 0.0% |
| West Bank | 3 | Under 10 loans | Under 10 loans | 25.0% |
| Midwest Heritage Bank, FSB | 3 | Under 10 loans | Under 10 loans | 0.0% |
| HomeTown Bank | 3 | Under 10 loans | Under 10 loans | 0.0% |
| Home Mortgage Alliance Corporation (HMAC) | 3 | Under 10 loans | Under 10 loans | 0.0% |
| Paramount Residential Mortgage Group, Inc. | 3 | Under 10 loans | Under 10 loans | 0.0% |
| Loan Simple, Inc. | 3 | Under 10 loans | Under 10 loans | 0.0% |
| Citizens State Bank | 3 | Under 10 loans | Under 10 loans | 0.0% |
| IDEAL Credit Union | 3 | Under 10 loans | Under 10 loans | 0.0% |
| Alliance Bank | 3 | Under 10 loans | Under 10 loans | 0.0% |
| ALLIANT CREDIT UNION | 3 | Under 10 loans | Under 10 loans | 0.0% |
| Highland Bank | 3 | Under 10 loans | Under 10 loans | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | 2 | Under 10 loans | Under 10 loans | 67.7% |
| NEW DAY FINANCIAL, LLC | 2 | Under 10 loans | Under 10 loans | 50.0% |
| Equity Prime Mortgage LLC | 2 | Under 10 loans | Under 10 loans | 0.0% |
| LoanUnited.com, LLC | 2 | Under 10 loans | Under 10 loans | 33.3% |
| Summit Mortgage Corporation | 2 | Under 10 loans | Under 10 loans | 33.3% |
| KIND LENDING, LLC | 2 | Under 10 loans | Under 10 loans | 33.3% |
| MILEND, INC. | 2 | Under 10 loans | Under 10 loans | 0.0% |
| SUCCESS MORTGAGE PARTNERS, INC. | 2 | Under 10 loans | Under 10 loans | 33.3% |
| GREENSTATE Credit Union | 2 | Under 10 loans | Under 10 loans | 0.0% |
| Synergy One Lending, Inc. | 2 | Under 10 loans | Under 10 loans | 0.0% |
| PLANET HOME LENDING, LLC | 2 | Under 10 loans | Under 10 loans | 33.3% |
| TruHome Solutions, LLC | 2 | Under 10 loans | Under 10 loans | 0.0% |
| MOVEMENT MORTGAGE, LLC | 2 | Under 10 loans | Under 10 loans | 0.0% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | 2 | Under 10 loans | Under 10 loans | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | 2 | Under 10 loans | Under 10 loans | 0.0% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | 2 | Under 10 loans | Under 10 loans | 0.0% |
| EVERETT FINANCIAL, INC. | 2 | Under 10 loans | Under 10 loans | 33.3% |
| WNB FINANCIAL, N.A. | 2 | Under 10 loans | Under 10 loans | 0.0% |
| First National Bank | 2 | Under 10 loans | Under 10 loans | 0.0% |
| Sierra Pacific Mortgage Company, Inc. | 2 | Under 10 loans | Under 10 loans | 0.0% |
| CUSB Bank | 2 | Under 10 loans | Under 10 loans | 0.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | 2 | Under 10 loans | Under 10 loans | 0.0% |
| First International Bank & Trust | 2 | Under 10 loans | Under 10 loans | 0.0% |
| National Exchange Bank and Trust | 2 | Under 10 loans | Under 10 loans | 0.0% |
| Citizens State Bank of La Crosse | 2 | Under 10 loans | Under 10 loans | 0.0% |
| GUILD MORTGAGE COMPANY | 2 | Under 10 loans | Under 10 loans | 0.0% |
| Waterstone Mortgage Corporation | 2 | Under 10 loans | Under 10 loans | 0.0% |
| CLEAREDGE LENDING LLC | 2 | Under 10 loans | Under 10 loans | 0.0% |
| ADVANCIAL CREDIT UNION | 2 | Under 10 loans | Under 10 loans | 0.0% |
| Heritage Bank National Association | 2 | Under 10 loans | Under 10 loans | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | 2 | Under 10 loans | Under 10 loans | 0.0% |
| UNION HOME MORTGAGE CORP. | 2 | Under 10 loans | Under 10 loans | 0.0% |
| Orchard Mortgage, LLC | 2 | Under 10 loans | Under 10 loans | 0.0% |
| DUPACO COMMUNITY | 2 | Under 10 loans | Under 10 loans | 0.0% |
| SayGO Home Loans, LLC | 2 | Under 10 loans | Under 10 loans | 0.0% |
| Tomo Mortgage, LLC | 1 | Under 10 loans | Under 10 loans | 50.0% |
| The Federal Savings Bank | 1 | Under 10 loans | Under 10 loans | 0.0% |
| PENTAGON FEDERAL CREDIT UNION | 1 | Under 10 loans | Under 10 loans | 75.0% |
| Flagstar Bank, N.A. | 1 | Under 10 loans | Under 10 loans | 50.0% |
| HSBC BANK USA, NATIONAL ASSOCIATION | 1 | Under 10 loans | Under 10 loans | 0.0% |
| New Market Bank | 1 | Under 10 loans | Under 10 loans | 0.0% |
| First Independence Bank | 1 | Under 10 loans | Under 10 loans | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | 1 | Under 10 loans | Under 10 loans | 66.7% |
| Baxter Credit Union | 1 | Under 10 loans | Under 10 loans | 33.3% |
| GoodLeap, LLC | 1 | Under 10 loans | Under 10 loans | 50.0% |
| Citibank, National Association | 1 | Under 10 loans | Under 10 loans | 0.0% |
| Johnson Financial Group | 1 | Under 10 loans | Under 10 loans | 0.0% |
| A&D Mortgage LLC | 1 | Under 10 loans | Under 10 loans | 0.0% |
| Heartland Credit Union | 1 | Under 10 loans | Under 10 loans | 0.0% |
| RBC Bank, (Georgia) National Association | 1 | Under 10 loans | Under 10 loans | 0.0% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | 1 | Under 10 loans | Under 10 loans | 0.0% |
| MERCHANTS CAPITAL CORP. | 1 | Under 10 loans | Under 10 loans | 50.0% |
| JMAC LENDING, INC. | 1 | Under 10 loans | Under 10 loans | 0.0% |
| UIF CORPORATION | 1 | Under 10 loans | Under 10 loans | 50.0% |
| State Bank Financial | 1 | Under 10 loans | Under 10 loans | 0.0% |
| First Bank & Trust | 1 | Under 10 loans | Under 10 loans | 50.0% |
| LENOX FINANCIAL MORTGAGE CORPORATION, Sage Home Loans Corporation | 1 | Under 10 loans | Under 10 loans | 0.0% |
| MAGNIFI FINANCIAL CREDIT UNION | 1 | Under 10 loans | Under 10 loans | 50.0% |
| LOWER, LLC | 1 | Under 10 loans | Under 10 loans | 0.0% |
| SUN WEST MORTGAGE COMPANY, INC. | 1 | Under 10 loans | Under 10 loans | 0.0% |
| KEY MORTGAGE SERVICES, INC. | 1 | Under 10 loans | Under 10 loans | 0.0% |
| TOPLINE FINANCIAL CREDIT UNION | 1 | Under 10 loans | Under 10 loans | 0.0% |
| First National Bank of Omaha | 1 | Under 10 loans | Under 10 loans | 0.0% |
| First Savings Bank | 1 | Under 10 loans | Under 10 loans | 50.0% |
| CORTRUST MORTGAGE, INC. | 1 | Under 10 loans | Under 10 loans | 0.0% |
| Capitol Bank | 1 | Under 10 loans | Under 10 loans | 0.0% |
| First National Bank Minnesota | 1 | Under 10 loans | Under 10 loans | 0.0% |
| Citadel Servicing Corporation | 1 | Under 10 loans | Under 10 loans | 0.0% |
| First Resource Bank | 1 | Under 10 loans | Under 10 loans | 0.0% |
| Security Bank & Trust Company | 1 | Under 10 loans | Under 10 loans | 0.0% |
| 254900J9CE43FKIA7D19 | 1 | Under 10 loans | Under 10 loans | 0.0% |
| Citizens Bank Minnesota | 1 | Under 10 loans | Under 10 loans | 0.0% |
| SECURITY STATE BANK | 1 | Under 10 loans | Under 10 loans | 0.0% |
| NORTHEAST SECURITY BANK | 1 | Under 10 loans | Under 10 loans | 0.0% |
| WESTCONSIN Credit Union | 1 | Under 10 loans | Under 10 loans | 0.0% |
| Pioneer Bank | 1 | Under 10 loans | Under 10 loans | 0.0% |
| ROUNDPOINT MORTGAGE SERVICING LLC | 1 | Under 10 loans | Under 10 loans | 0.0% |
| TOWN AND COUNTRY Credit Union | 1 | Under 10 loans | Under 10 loans | 0.0% |
| LEADERONE FINANCIAL CORPORATION | 1 | Under 10 loans | Under 10 loans | 0.0% |
| COMMUNITYAMERICA CREDIT UNION | 1 | Under 10 loans | Under 10 loans | 0.0% |
| MORTGAGEONE, INC. | 1 | Under 10 loans | Under 10 loans | 0.0% |
| ARC HOME LLC | 1 | Under 10 loans | Under 10 loans | 0.0% |
| Click n' Close, Inc. | 1 | Under 10 loans | Under 10 loans | 0.0% |
| Commerce Home Mortgage, Inc. | 1 | Under 10 loans | Under 10 loans | 0.0% |
| BANKWEST | 1 | Under 10 loans | Under 10 loans | 0.0% |
| American Airlines Federal Credit Union | 1 | Under 10 loans | Under 10 loans | 0.0% |
| Community Resource Bank | 1 | Under 10 loans | Under 10 loans | 0.0% |
| Armed Forces Bank, National Association | 1 | Under 10 loans | Under 10 loans | 0.0% |
| AMERITRUST MORTGAGE CORPORATION | 1 | Under 10 loans | Under 10 loans | 0.0% |
| Luminate Home Loans, Inc. | 1 | Under 10 loans | Under 10 loans | 0.0% |
| MLD MORTGAGE INC. | 1 | Under 10 loans | Under 10 loans | 0.0% |
Ranked by mortgages made here in 2025. "Denied" is the share of this lender’s decisions here that were denials. Another 95 lenders each made 1 or fewer mortgages here, and are counted in the totals above.
Bank branches in Olmsted County
45 FDIC-insured branches from 19 banks, as of 30 June 2026, with the deposits held at them.
| Bank | Branches here | Deposits |
|---|---|---|
| Think Mutual Bank | 6 | $1.6 billion |
| Wells Fargo Bank, National Association | 4 | $990.8 million |
| Premier Bank Minnesota | 4 | $258.4 million |
| U.S. Bank National Association | 3 | $558.4 million |
| Alerus Financial, National Association | 3 | $363.6 million |
| Old National Bank | 3 | $283.9 million |
| Associated Bank, National Association | 3 | $239.7 million |
| Minnwest Bank | 3 | $49.5 million |
| Sterling State Bank | 2 | $223.4 million |
| Eagle Rock Bank | 2 | $154.1 million |
| Merchants Bank, National Association | 2 | $153.8 million |
| F & M Community Bank, National Association | 2 | $114.0 million |
| Foresight Bank | 2 | $103.7 million |
| West Bank | 1 | $217.0 million |
| First Security Bank | 1 | $121.6 million |
| Coulee Bank | 1 | $35.0 million |
| Manufacturers Bank & Trust Company | 1 | $32.8 million |
| First Farmers & Merchants State Bank of Grand Meadow | 1 | $30.8 million |
| Minnesota First Credit and Savings, Incorporated | 1 | $18.5 million |
Closed since the 2025 survey
1 branch in the 2025 survey has no 2026 row: closed, sold, or moved.
- Alerus Financial, National Association, 1201 Broadway Ave S, Rochester
Get told when this changes
When the next year’s lending figures are out for Olmsted County, or a lender arrives or leaves.
Double opt-in, one click to unsubscribe. We never sell or share the list, and we are not a lender, a broker or a lead generator: this is a notification about published data, not a sales call. Privacy.
Counts, medians and denial shares are computed from the Home Mortgage Disclosure Act loan-level file for 2025, published by the Consumer Financial Protection Bureau through the FFIEC: every application a covered lender received, as the lender reported it. Branches and deposits come from the FDIC Summary of Deposits as of 30 June 2026, and bank balance sheets from the FDIC institutions directory. A median rate is what borrowers got, not what you will be offered — it depends on the loan, the property, your credit and the market on the day, and no figure here is a quote. A median over fewer than 10 loans is not shown: it is a number with no meaning and a real person's rate half-exposed. Those cells say "under 10 loans" and the count is still published. This is information, not advice, and no lender pays to appear.