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2024

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Best Mortgage Brokers in Minneapolis, MN

Our Recommended Top 21

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored Minneapolis Mortgage Brokers on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

113Reviewed

76Curated

21Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

8400 Normandale Boulevard, Minneapolis, MN 55437
WebsiteLicense: 1776385

Expertise.com Rating

Review Sources

Google
5.0 (58)
Facebook
5.0 (20)
Yelp
5.0 (1)

Why choose this provider?

Propel Home Loans is a mortgage brokerage serving Minneapolis and surrounding communities. It assists in crafting mortgage solutions that match the client's needs and financial situation. The firm provides mortgage products with fixed, adjustable, graduated payments, and interest-only rates. Its loan products include jumbo, VA, FHA, and USDA. The firm also helps clients who want to refinance a current mortgage. Propel Home Loans is also licensed in Wisconsin. Owner Les Ferris has nearly two decades of experience in mortgage lending and real estate industries.

  • Refinance

2523 South Wayzata Boulevard Suite 200, Minneapolis, MN 55405
WebsiteLicense: 150953

Expertise.com Rating

Review Sources

Google
4.0 (135)
Facebook
4.0 (26)

Why choose this provider?

Luminate Home Loans helps customers in Minneapolis understand the homeownership options available to them. It aims to guide people by making lending approachable through consistency and transparency. The company offers a range of services such as FHA loans which are designed to aid buyers who do not have a large down payment or perfect credit. It also assists veterans to obtain homes through its VA loan program. Moreover, its team delivers conventional loans for qualified borrowers as well as refinance options.

  • Reverse Mortgage
  • Purchases
  • Refinance

13875 State Highway 13, Savage, MN 55378
WebsiteLicense: 309068

Expertise.com Rating

Review Sources

Zillow
5.0 (78)
Facebook
5.0 (38)
Yelp
5.0 (2)

Why choose this provider?

Serving Minneapolis, Mike Ouverson is a producing branch manager in Savage. He specializes in home loan financing and has built his business with a focus on giving honest answers. He helps individuals obtain financing to buy their first home, buy an investment property or vacation home, or refinance their existing home loan. He is licensed in several states across the U.S. and focuses on mortgage options that fit each client's individual needs. He started his mortgage career in 2006 and has helped thousands of families with their home financing needs.

  • Refinance

3300 Edinborough Way, Edina, MN 55435
WebsiteLicense: 345827

Expertise.com Rating

Review Sources

Google
5.0 (151)

Why choose this provider?

Rainbow Mortgage Inc. provides home loans and refinancing programs in Minneapolis and the surrounding areas. The mortgage brokerage firm has been serving the community for more than 18 years. The loan officers at this company assist individuals in obtaining conventional loans, FHA loans, and VA loans. They partner with multiple lenders allowing clients to secure loan options that match their unique goals. Rainbow Mortgage Inc. also helps people with past credit challenges or those facing divorce and mortgage issues.

  • Refinance

1700 Highway 36 Service Road, Roseville, MN 55113
WebsiteLicense: 213677

Expertise.com Rating

Review Sources

Yelp
4.1 (14)

Why choose this provider?

M&M Mortgage, LLC, has been serving the Minneapolis area and offering different loan options for 52 years. It employs a total of 38 mortgage loan consultants and represents 34 lenders. It offers FHA loans, VA loans, conventional loans, jumbo loans, as well as adjustable and fixed loan programs. The company website's purchase assistant and refinance advisor tools help clients narrow down their options. It also has a mortgage calculator to help borrowers determine how much loan they can afford.

  • Refinance

105 New England Place, Stillwater, MN 55082
WebsiteLicense: 385649

Expertise.com Rating

Review Sources

Google
5.0 (4)

Why choose this provider?

St. Croix Home Loans provides Minneapolis-area borrowers with sound lending solutions. The locally owned and operated mortgage company commits to making the finance process clearer, more understandable, and less cumbersome for customers. A team of experienced and dedicated lending professionals aggressively seek the lowest interest rates and terms with the most flexibility. St. Croix Home Loans offers a range of loan options and programs including Conventional, Jumbo, FHA, VA, USDA, Reverse Mortgages, and more.

  • Reverse Mortgages

2636 Ridge Lane, Mounds View, MN 55112
WebsiteLicense: 259460

Expertise.com Rating

Review Sources

Facebook
4.1 (8)

Why choose this provider?

Minnesota Residential Mortgage has the expertise to make the home buying process fast, easy, and enjoyable for clients in the Minneapolis area. The company offers products to consolidate debt, refinance a home, or buy a home for the first time. A team of dedicated mortgage professionals can help find the right solution to meet the specific needs and budgets of each client. Minnesota Residential Mortgage offers a range of products including Conventional, VA, USDA, FHA, and commercial loans.

  • Refinance

8201 Norman Center Drive, Bloomington, MN 55437
WebsiteLicense: 275939

Expertise.com Rating

Review Sources

Zillow
5.0 (107)
Google
4.6 (94)

Why choose this provider?

Led by Steve Furlong, The Furlong Team at Mortgages Unlimited is a company serving the Minneapolis area. Its team of mortgage specialists helps clients decide on refinancing options that can increase their monthly savings and reduce interest rates. It also offers FHA streamline, HARP, VA IRRRL, and condo financing options from different lenders. Additionally, borrowers can have their credit standing reviewed for homeownership and have their loan applications tracked. Furlong was the Minnesota Mortgage Association Loan Officer of the Year in 2012.

  • New Construction
  • Refinance

8400 Normandale Lake Blvd., Ste. 920, Ofc. 985 & 984, Minneapolis, MN 55437
WebsiteLicense: 1456897

Expertise.com Rating

Review Sources

Google
4.0 (126)

Why choose this provider?

Paramount Residential Mortgage Group, Inc. (PRMG) is a brokerage firm that serves Minneapolis and the surrounding communities. It offers several loan programs such as Fannie Mae's homestyle renovation, HomeReady by Fannie Mae, and Freddie Mac's Home Possible. The company also provides FHA, VA, and USDA rural development products. Reverse mortgages are also available for senior citizens looking to get some cash out of their home equity. Additionally, PRMG gives back to the community through its non-profit foundation PRMG Cares.

  • Refinance

4445 West 77th Street, Edina, MN 55435
WebsiteLicense: 3068

Expertise.com Rating

Review Sources

Google
5.0 (4)

Why choose this provider?

Metropolitan Financial provides Minneapolis-area customers with the highest quality financial services at the lowest possible rates. Experienced mortgage lending professionals work to find the right solutions to meet individual client needs. Customers can expect the company to help purchase a dream home, refinance an outstanding loan, or consolidate debt. Metropolitan Financial offers a range of lending options including conventional, FHA, fixed-rate, VA, Adjustable Rate Mortgages, and more.

  • Refinance
  • Reverse Mortgages

3044 Wilder St N, Minneapolis, MN 55414
WebsiteLicense: 218087

Why choose this provider?

Access Home Loans offers mortgage brokers' services to the residents of Minneapolis. It delivers various loan programs to its clients, ranging from 10 to 30-year-long fixed-rate options to adjustable-rate products. The firm has federal housing and veterans' choices for those who qualify under government-sanctioned selections. Company founder Brian Kearney has been in the mortgage loan industry for more than 20 years, and his company is local in scope. He relies upon referrals and word-of-mouth primarily to attract business.

  • Purchase and Refinance

8440 Normandale Lake Boulevard, Bloomington, MN 55437
WebsiteLicense: 75243

Expertise.com Rating

Review Sources

Google
4.9 (120)

Why choose this provider?

Paramount Residential Mortgage Group, Inc., (PRMG) helps individuals in the Minneapolis area refinance and purchase their homes. It handles loans products such as standard conventional loans, HomeReady mortgage, and HomeStyle renovation loans. The company also offers a variety of VA, FHA, and USDA programs. PRMG is a technology-based mortgage company that serves clients nationwide while also providing personal solutions to its clients. Its other services include underwriting and in-house processing. Additionally, PRMG has a non-profit foundation called PRMG Cares, which donates to charities nationwide.

  • Refinance
  • Multi-Family Loans

3612 Fillmore Street Northeast, Minneapolis, MN 55418
WebsiteLicense: 365483

Expertise.com Rating

Review Sources

Google
5.0 (20)
Yelp
5.0 (3)
Facebook
5.0 (2)

Why choose this provider?

MLS Mortgage is a team of mortgage professionals serving clients in Minneapolis and the surrounding areas. The business has been in the industry for more than 10 years, providing comprehensive mortgage solutions to first-time homebuyers. Eric House, the company's loan originator, aims to provide personalized mortgage rates and options. Eric and his team have over 35 years of combined experience. They offer a wide selection of loan programs, including conventional, USDA, FHA, and VA loans.

  • New Construction
  • Refinance

7601 France Avenue South, Edina, MN 55435
WebsiteLicense: 286998

Expertise.com Rating

Review Sources

Yelp
4.0 (1)

Why choose this provider?

Tradition Mortgage is an independent mortgage company providing its services to clients in Minneapolis. It offers different mortgage loans, including conventional, VA, USDA, FHA, and jumbo. Tradition Mortgage also offers a home equity line of credit and other second mortgage services. The firm strives to monitor current interest rate trends after the loan closing to keep clients informed about their options. Tradition Mortgage belongs to the network of Tradition Companies, which has over 100 years of business experience.

  • New Construction
  • Refinance

708 North 1st Street, Minneapolis, MN 55401
WebsiteLicense: 209198

Expertise.com Rating

Review Sources

Google
5.0 (9)

Why choose this provider?

Eric Roering is a loan officer and a branch leader in Movement Mortgage who offers mortgage services to clients in Minneapolis. He provides various home purchase loan programs such as FHA, USDA, VA, conventional, reverse mortgages, and condo loans. Additionally, Roering assists clients in refinancing their properties. Refinance purchase loan programs includes cash-out, streamline, renovation, and VA refinancing. A client mentioned that he was satisfied with the service because he was educated and assisted through the entire mortgage process.

  • New Construction

1071 NE County Highway 10, Minneapolis, MN 55432
WebsiteLicense: 396136

Expertise.com Rating

Review Sources

Google
4.8 (23)

Why choose this provider?

Berins Mortgage Company is a family-owned mortgage brokerage firm that has been serving for more than 25 years. It guides its Minneapolis clients through the whole loan process. Its home mortgage loans include mobile home loans, manufactured home loans, and modular home loans. It also handles purchase loans, refinancing loans, conventional loans, FHA/VA, adjustable-rate loans, and debt consolidation loans. Berins Mortgage Company is associated with wholesale lenders that provide programs to fit the clients' needs.

  • Refinance

12800 Whitewater Drive, Hopkins, MN 55343
WebsiteLicense: 1614001

Expertise.com Rating

Review Sources

Google
5.0 (21)

Why choose this provider?

Executive Mortgage Brokers, LLC, serves customers in Minneapolis and the surrounding areas. It is a mortgage firm that provides loan options for residents who would like to purchase a house or refinance an existing one. Its list of loan programs includes conventional loans, FHA loans, conventional fixed-rate mortgages, adjustable-rate mortgages, foreign national loans, and HARP 2.0 loans. Additionally, it offers construction loans that can be used to finance the construction of new structures, be it a new home or commercial property.

  • Refinance
  • Reverse Mortgages

1111 Deming Way, Minneapolis, MN 53717
WebsiteLicense: 201542

Expertise.com Rating

Review Sources

Facebook
5.0 (43)
Google
4.6 (9)
Yelp
5.0 (1)

Why choose this provider?

Select One Mortgage is a mortgage company that serves customers in Minneapolis and the surrounding areas. It caters to first-time homebuyers who plan to purchase a home, consolidate their debts, or refinance their outstanding loans. Before the company will process an application, it will look into a client's financial records which may include their income, debts, source of funds, and properties. Additionally, the company offers various mortgage rate options including adjustable ARM, fixed rate, and graduated payments.

  • Refinance

6500 City West Parkway, Eden Prairie, MN 55344
WebsiteLicense: 1639268

Expertise.com Rating

Review Sources

Google
5.0 (35)
Yelp
5.0 (1)

Why choose this provider?

Kevnik Mortgage is a team of home loan specialists that provides financing options for Minneapolis residents. Utilizing their knowledge of current market trends and mortgage rates, they help their clients apply for various types of loans, such as jumbo, renovation, conventional, and USDA programs, whether they are refinancing or purchasing. Kevnik Mortgage, which is also licensed in Arizona, Florida, Colorado, and Wisconsin, is co-headed by Kevin Erickson, who was inspired to start his own company after a previous negative mortgage experience.

  • Refinance

13700 Reimer Drive North, Maple Grove, MN 55311
WebsiteLicense: 69171

Expertise.com Rating

Review Sources

Google
5.0 (17)
Zillow
5.0 (15)
Facebook
5.0 (7)

Why choose this provider?

Doug Hunt is a mortgage consultant assisting the residents of Minneapolis. With 25 years of experience in mortgage lending, he assists clients in securing a loan for their homes. Services include first-time home buyer loans, VA loans, conventional loans, investment properties, and second home loans. Doug keeps up to date with the constant changes in the mortgage industry that affect the homeowners and lenders to assure quality service and successful closings. He specialized particularly in Maple Grove mortgages.

  • Refinance

5151 Edina Industrial Boulevard, Edina, MN 55435
WebsiteLicense: 2034009

Expertise.com Rating

Review Sources

Google
5.0 (32)
Yelp
3.0 (25)
Facebook
5.0 (2)

Why choose this provider?

Supreme Lending Dream Team is a direct mortgage lender that offers customized loans for homebuyers in Minneapolis. It provides various mortgage programs and houses its processing and underwriting departments for faster closing time. The professionals at the firm educate families about the entire mortgage process are reachable for any concerns, even during weekends and evenings. Supreme Lending has over 15 years of experience in the industry. Its business philosophy is delivering proactive communication and solutions that attract repeat clients.

  • New Construction

Compare our Top Mortgage Brokers

NameExpertise RatingAddressPromotionsLearn more
Propel Home Loans
8400 Normandale Boulevard, Minneapolis, MN 55437
Luminate Home Loans
2523 South Wayzata Boulevard Suite 200, Minneapolis, MN 55405
Mike Ouverson
13875 State Highway 13, Savage, MN 55378
Rainbow Mortgage Inc.
3300 Edinborough Way, Edina, MN 55435
M&M Mortgage, LLC
1700 Highway 36 Service Road, Roseville, MN 55113
St. Croix Home Loans
105 New England Place, Stillwater, MN 55082
Minnesota Residential Mortgage, Inc.
2636 Ridge Lane, Mounds View, MN 55112
The Furlong Team
8201 Norman Center Drive, Bloomington, MN 55437
Paramount Residential Mortgage Group, Inc.
8400 Normandale Lake Blvd., Ste. 920, Ofc. 985 & 984, Minneapolis, MN 55437
Metropolitan Financial Mortgage Corp.
4445 West 77th Street, Edina, MN 55435
Access Home Loans
3044 Wilder St N, Minneapolis, MN 55414
Paramount Residential Mortgage Group, Inc. - Minneapolis
8440 Normandale Lake Boulevard, Bloomington, MN 55437
MLS Mortgage
3612 Fillmore Street Northeast, Minneapolis, MN 55418
Tradition Mortgage
7601 France Avenue South, Edina, MN 55435
Eric Roering
708 North 1st Street, Minneapolis, MN 55401
Berins Enterprises, Inc.
1071 NE County Highway 10, Minneapolis, MN 55432
Executive Mortgage Brokers
12800 Whitewater Drive, Hopkins, MN 55343
Select One Mortgage
1111 Deming Way, Minneapolis, MN 53717
Kevnik Mortgage
6500 City West Parkway, Eden Prairie, MN 55344
Doug Hunt
13700 Reimer Drive North, Maple Grove, MN 55311
Supreme Lending Dream Team
5151 Edina Industrial Boulevard, Edina, MN 55435

FAQs

  • Introduction

    It’s the American dream to buy property, and almost everyone who purchases a home does so with the help of a mortgage broker. It can be intimidating when you don’t know where to begin, what information is necessary, and how to receive a loan. A mortgage broker acts as an intermediary between the applicant and the financial institution.


    The mortgage broker’s role includes comparing loan terms across lenders to find applicants the best options, collecting paperwork the financial institution needs to analyze the application, and guiding the buyer through the underwriting and closing processes. Mortgage brokers can significantly simplify the home buying process.

  • Can mortgage brokers work across state lines?

    Yes, mortgage brokers can work across state lines. However, each state has different licensing requirements for mortgage brokers. Customers should ensure their broker can legally work in another state before going across state lines. Lastly, don’t forget the mortgage process is often time-sensitive, so being in different time zones can be problematic.

  • How do mortgage brokers find lenders?

    Mortgage brokers work independently and act as a bridge between the client and the lender. They reach out to several lenders to form a network and build professional relationships with those they work with often. They use lenders who best meet a client's rates and terms, and some lenders only do business through mortgage brokers.  

  • What credit score do mortgage brokers use?

    There are two credit scoring models in the United States: FICO and VantageScore. Mortgage lenders typically prefer to use FICO. However, each credit bureau uses a different version of the FICO score:

    • Experian uses FICO Score 2
    • Equifax uses FICO Score 5
    • TransUnion uses FICO Score 4

  • Do mortgage brokers help with refinancing?

    Yes, mortgage brokers can help with refinancing. Individuals who have a solid credit score will typically go to their bank to refinance their mortgage. However, if you don't have excellent credit, a mortgage broker may be able to secure you a better interest rate than you could get on your own.

    You pay a fee to the mortgage broker, so you'll want to consider this fee versus your savings in your cost-benefit analysis.
  • Can you work with two mortgage brokers?

    You can definitely work with two mortgage brokers. The advantage of using multiple brokers is that you'll have two people reaching out to several lenders to secure the best rate possible. However, you must ensure you provide matching information to all your brokers. If two brokers provide mismatched information about your application to the same lender, it can send off red flags and delay your approval process.

  • Do mortgage brokers get better deals?

    Yes, a mortgage broker should be able to get you a better deal. Mortgage brokers go to several lenders on your behalf and find the one with the best terms and interest rates. However, note that some mortgage brokers have preferred lenders. A broker may bring you their preferred lender's offer, even if it's not the best one; however, this isn't a regular practice.