Lender Rankings
Top Mortgage Lenders Headquartered in Minnesota (2025)
These lenders are headquartered in Minnesota. They are ranked by their total 2025 U.S. mortgage origination volume reported under the Home Mortgage Disclosure Act (HMDA) — nationwide, not only loans made in Minnesota. A lender’s headquarters is not necessarily where its loans are made.
Have a deal? Find a matching lender →
| Rank in state | U.S. rank | Lender | HQ | 2025 volume | Loans | |
|---|---|---|---|---|---|---|
| 1 | 8 | U.S. Bank | Minneapolis, MN | $33.0B | 74,635 | Badge |
| 2 | 47 | JLL Real Estate Capital, LLC | St. Paul, MN | $7.5B | 178 | Badge |
| 3 | 130 | Luminate Bank | Minneapolis, MN | $3.1B | 8,416 | Badge |
| 4 | 183 | Colliers Mortgage LLC | Minneapolis, MN | $2.3B | 115 | Badge |
| 5 | 392 | Wings Financial Credit Union | Apple Valley, MN | $848M | 3,362 | Badge |
| 6 | 396 | Trustone Financial Credit Union | Plymouth, MN | $834M | 4,909 | Badge |
| 7 | 417 | Granite Bank | Cold Spring, MN | $772M | 2,598 | Badge |
| 8 | 624 | Tradition Mortgage, LLC | Lakeville, MN | $490M | 1,218 | Badge |
| 9 | 626 | Bridgewater Bank | St. Louis Park, MN | $483M | 241 | Badge |
| 10 | 650 | Blaze Credit Union | Falcon Heights, MN | $453M | 2,827 | Badge |
| 11 | 697 | Magnifi Financial Credit Union | Sartell, MN | $408M | 947 | Badge |
| 12 | 705 | Affinity Plus Federal Credit Union | Saint Paul, MN | $400M | 3,801 | Badge |
| 13 | 706 | Servion | New Brighton, MN | $399M | 1,609 | Badge |
| 14 | 709 | Summit Mortgage Corporation | Plymouth, MN | $396M | 1,370 | Badge |
| 15 | 749 | Merchants Bank, National Association | Winona, MN | $362M | 1,537 | Badge |
| 16 | 836 | Frandsen Bank & Trust | Lonsdale, MN | $298M | 1,178 | Badge |
| 17 | 839 | Luminate Home Loans, Inc. | Minneapolis, MN | $298M | 846 | Badge |
| 18 | 948 | Bremer Bank NA | Lake Elmo, MN | $245M | 509 | Badge |
National Top 100 → · All states →
Source: Home Mortgage Disclosure Act (HMDA) 2025 public data, aggregated by Pegasus Capital Network.