Top Mortgage Lenders in the Eau Claire, WI area

Which mortgage lender in the Eau Claire, WI area typically has the best rates? To help you narrow down where to shop for a mortgage, we provide a data driven ranking of mortgage lenders in the Eau Claire, WI area by interest rate and market share. We use data on all fixed rate mortgages that were closed in the past year to generate our rankings. We do not receive any compensation from lenders and strive to provide the most objective and authoritative ranking possible.

Based on our data, the cheapest overall lender in the Eau Claire, WI area is Merchants Bank, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.24%. This means that Merchants Bank provided a -0.24% lower interest rate for its customers than other lenders in Eau Claire, WI for a similar set of borrowers. Merchants Bank has a market share of 7.5%. On the other hand, the most popular lender in the market is Royal Credit Union, with a market share of 26.9%. Royal Credit Union is an average rate lender in this area, with a “Rate Difference” of -0.08% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Eau Claire, WI area is shown in the table below. In the table, we also give our assessment of whether they are, on average, a cheap/expensive lender through a star rating system. You can choose to tailor our ranking table to a specific mortgage type (Conventional/Jumbo/FHA/VA) and purpose (purchase/refinance) through the drop-down menu. For example, the cheapest lender for Conventional mortgages in Eau Claire, WI is Merchants Bank. If you want to take out a loan that is above conforming limits (for example, above $510,400 in 2020), the cheapest Jumbo mortgage provider is Us Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Altra Federal Credit Union. The cheapest VA mortgage provider is Usaa Federal Savings Bank. To get the lowest rate for your mortgage, we would suggest shopping and negotiating among several of our top ranked lenders by “Rate Rank” for your desired mortgage type and purpose.

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Merchants Bank 1, -0.24% 7.50%
Royal Credit Union 2, -0.08% 26.89%
Altra Federal Credit Union 3, -0.07% 5.88%
WESTconsin Credit Union 4, -0.04% 7.21%
Keller Mortgage 5, -0.01% 0.70%
Co-op Credit Union 6, -0.01% 1.63%
Bankers’ Bank 7, -0.01% 2.29%
Associated Bank 8, -0.00% 4.18%
First Bank Financial Centre 9, 0.00% 1.61%
Prosperity Home Mortgage 10, 0.01% 0.72%
Servion, Inc 11, 0.01% 1.09%
Usaa Federal Savings Bank 12, 0.01% 0.78%
Home Federal Savings Bank 13, 0.02% 1.05%
Citizens Community Federal N A 14, 0.03% 5.10%
Us Bank 15, 0.04% 4.36%
Affinity Plus Federal Credit Union 16, 0.05% 1.33%
Wells Fargo Bank 17, 0.07% 4.16%
American Mortgage & Equity Consultants Inc 18, 0.08% 1.20%
LoanDepot 19, 0.09% 1.42%
Citizens State Bank of La Crosse 20, 0.12% 0.72%
Finance of America Mortgage 21, 0.12% 2.31%
Bremer Bank 22, 0.14% 4.21%
Flagstar Bank 23, 0.16% 3.44%
LeaderOne Financial Corp 24, 0.21% 3.18%
Compeer Financial ACA 25, 0.22% 0.94%
Quicken Loans 26, 0.23% 6.10%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Merchants Bank 1, -0.21% 6.45%
Altra Federal Credit Union 2, -0.11% 5.18%
Us Bank 3, -0.05% 4.70%
Royal Credit Union 4, -0.05% 26.92%
Associated Bank 5, -0.04% 4.47%
Co-op Credit Union 6, -0.03% 0.41%
Keller Mortgage 7, -0.03% 1.12%
Bankers’ Bank 8, -0.03% 1.72%
Wells Fargo Bank 9, -0.03% 5.33%
Home Federal Savings Bank 10, -0.03% 1.04%
First Bank Financial Centre 11, -0.03% 1.86%
Servion, Inc 12, -0.02% 1.08%
Prosperity Home Mortgage 13, -0.01% 1.19%
Usaa Federal Savings Bank 14, -0.01% 1.12%
Affinity Plus Federal Credit Union 15, -0.00% 0.56%
WESTconsin Credit Union 16, -0.00% 6.45%
LoanDepot 17, 0.04% 0.75%
Citizens Community Federal N A 18, 0.06% 4.55%
American Mortgage & Equity Consultants Inc 19, 0.07% 1.75%
Citizens State Bank of La Crosse 20, 0.10% 0.30%
Finance of America Mortgage 21, 0.11% 3.54%
Bremer Bank 22, 0.14% 5.37%
Flagstar Bank 23, 0.16% 5.15%
Quicken Loans 24, 0.17% 3.28%
Compeer Financial ACA 25, 0.17% 0.63%
LeaderOne Financial Corp 26, 0.20% 5.07%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Merchants Bank 1, -0.25% 8.97%
Royal Credit Union 2, -0.13% 26.85%
WESTconsin Credit Union 3, -0.08% 8.29%
Altra Federal Credit Union 4, -0.02% 6.87%
Citizens Community Federal N A 5, -0.00% 5.87%
Co-op Credit Union 6, 0.02% 3.36%
Bankers’ Bank 7, 0.02% 3.09%
Usaa Federal Savings Bank 8, 0.05% 0.31%
First Bank Financial Centre 9, 0.05% 1.26%
Servion, Inc 10, 0.06% 1.10%
Prosperity Home Mortgage 11, 0.06% 0.05%
American Mortgage & Equity Consultants Inc 12, 0.06% 0.42%
Keller Mortgage 13, 0.06% 0.10%
Associated Bank 14, 0.06% 3.78%
Home Federal Savings Bank 15, 0.08% 1.05%
Affinity Plus Federal Credit Union 16, 0.08% 2.41%
LeaderOne Financial Corp 17, 0.08% 0.52%
Flagstar Bank 18, 0.10% 1.05%
Finance of America Mortgage 19, 0.11% 0.58%
LoanDepot 20, 0.13% 2.36%
Bremer Bank 21, 0.13% 2.57%
Citizens State Bank of La Crosse 22, 0.15% 1.31%
Us Bank 23, 0.20% 3.88%
Compeer Financial ACA 24, 0.27% 1.36%
Quicken Loans 25, 0.28% 10.07%
Wells Fargo Bank 26, 0.33% 2.52%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Merchants Bank 1, -0.24% 8.16%
Royal Credit Union 2, -0.07% 30.34%
Altra Federal Credit Union 3, -0.07% 6.32%
WESTconsin Credit Union 4, -0.03% 8.14%
Keller Mortgage 5, -0.00% 0.44%
Co-op Credit Union 6, -0.00% 1.84%
Bankers’ Bank 7, -0.00% 2.58%
Associated Bank 8, 0.01% 4.23%
First Bank Financial Centre 9, 0.01% 1.57%
Prosperity Home Mortgage 10, 0.02% 0.49%
Servion, Inc 11, 0.02% 1.03%
Home Federal Savings Bank 12, 0.02% 1.08%
Citizens Community Federal N A 13, 0.03% 5.75%
Affinity Plus Federal Credit Union 14, 0.05% 1.50%
Us Bank 15, 0.06% 4.25%
Wells Fargo Bank 16, 0.08% 4.28%
American Mortgage & Equity Consultants Inc 17, 0.09% 0.98%
Usaa Federal Savings Bank 18, 0.10% 0.27%
LoanDepot 19, 0.12% 0.86%
Citizens State Bank of La Crosse 20, 0.13% 0.81%
Bremer Bank 21, 0.17% 4.06%
Flagstar Bank 22, 0.19% 2.36%
Finance of America Mortgage 23, 0.19% 1.03%
LeaderOne Financial Corp 24, 0.23% 2.31%
Compeer Financial ACA 25, 0.24% 0.98%
Quicken Loans 26, 0.36% 4.30%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Merchants Bank 1, -0.22% 7.03%
Altra Federal Credit Union 2, -0.11% 5.51%
Us Bank 3, -0.05% 4.60%
Royal Credit Union 4, -0.04% 31.35%
Associated Bank 5, -0.04% 4.60%
Co-op Credit Union 6, -0.03% 0.48%
Bankers’ Bank 7, -0.02% 2.00%
Wells Fargo Bank 8, -0.02% 5.47%
Home Federal Savings Bank 9, -0.02% 1.13%
First Bank Financial Centre 10, -0.02% 1.78%
Keller Mortgage 11, -0.02% 0.78%
Servion, Inc 12, -0.01% 0.96%
Prosperity Home Mortgage 13, -0.00% 0.83%
Affinity Plus Federal Credit Union 14, 0.01% 0.65%
WESTconsin Credit Union 15, 0.01% 7.51%
LoanDepot 16, 0.03% 0.48%
Citizens Community Federal N A 17, 0.06% 5.30%
Usaa Federal Savings Bank 18, 0.08% 0.48%
American Mortgage & Equity Consultants Inc 19, 0.09% 1.48%
Citizens State Bank of La Crosse 20, 0.10% 0.35%
Bremer Bank 21, 0.17% 5.12%
Flagstar Bank 22, 0.18% 3.69%
Compeer Financial ACA 23, 0.18% 0.74%
Finance of America Mortgage 24, 0.19% 1.48%
LeaderOne Financial Corp 25, 0.23% 3.78%
Quicken Loans 26, 0.26% 2.43%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Merchants Bank 1, -0.25% 9.64%
Royal Credit Union 2, -0.13% 29.02%
WESTconsin Credit Union 3, -0.07% 8.96%
Altra Federal Credit Union 4, -0.02% 7.37%
Citizens Community Federal N A 5, 0.00% 6.35%
Co-op Credit Union 6, 0.02% 3.63%
Bankers’ Bank 7, 0.03% 3.34%
First Bank Financial Centre 8, 0.06% 1.30%
Servion, Inc 9, 0.06% 1.13%
Prosperity Home Mortgage 10, 0.06% 0.06%
American Mortgage & Equity Consultants Inc 11, 0.06% 0.34%
Associated Bank 12, 0.07% 3.74%
Home Federal Savings Bank 13, 0.08% 1.02%
Affinity Plus Federal Credit Union 14, 0.08% 2.61%
LeaderOne Financial Corp 15, 0.10% 0.40%
Bremer Bank 16, 0.14% 2.66%
Finance of America Mortgage 17, 0.14% 0.45%
Citizens State Bank of La Crosse 18, 0.15% 1.42%
Flagstar Bank 19, 0.16% 0.62%
LoanDepot 20, 0.17% 1.36%
Us Bank 21, 0.22% 3.80%
Compeer Financial ACA 22, 0.30% 1.30%
Wells Fargo Bank 23, 0.34% 2.72%
Quicken Loans 24, 0.42% 6.75%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Altra Federal Credit Union 1, -0.12% 2.45%
Us Bank 2, -0.12% 3.67%
Associated Bank 3, -0.09% 2.14%
Keller Mortgage 4, -0.09% 3.36%
Merchants Bank 5, -0.09% 1.22%
Prosperity Home Mortgage 6, -0.08% 2.14%
Wells Fargo Bank 7, -0.08% 0.92%
First Bank Financial Centre 8, -0.06% 3.06%
Servion, Inc 9, -0.06% 1.53%
Quicken Loans 10, -0.05% 23.55%
Home Federal Savings Bank 11, -0.04% 0.92%
American Mortgage & Equity Consultants Inc 12, -0.03% 3.06%
Bremer Bank 13, -0.02% 4.89%
Finance of America Mortgage 14, 0.02% 16.51%
LoanDepot 15, 0.04% 5.50%
Flagstar Bank 16, 0.09% 11.62%
LeaderOne Financial Corp 17, 0.13% 13.46%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Us Bank 1, -0.15% 3.91%
Altra Federal Credit Union 2, -0.13% 3.12%
Keller Mortgage 3, -0.11% 3.91%
Associated Bank 4, -0.11% 2.73%
Merchants Bank 5, -0.10% 1.56%
Prosperity Home Mortgage 6, -0.09% 2.73%
Wells Fargo Bank 7, -0.09% 1.17%
First Bank Financial Centre 8, -0.07% 3.52%
Servion, Inc 9, -0.07% 1.56%
Home Federal Savings Bank 10, -0.05% 0.39%
American Mortgage & Equity Consultants Inc 11, -0.04% 3.12%
Quicken Loans 12, -0.04% 10.94%
Bremer Bank 13, -0.03% 6.25%
Finance of America Mortgage 14, 0.01% 19.92%
LoanDepot 15, 0.01% 3.52%
Flagstar Bank 16, 0.08% 14.84%
LeaderOne Financial Corp 17, 0.12% 16.80%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.02% 69.01%
Us Bank 2, -0.01% 2.82%
First Bank Financial Centre 3, -0.00% 1.41%
Servion, Inc 4, -0.00% 1.41%
Finance of America Mortgage 5, 0.01% 4.23%
Home Federal Savings Bank 6, 0.01% 2.82%
American Mortgage & Equity Consultants Inc 7, 0.01% 2.82%
Keller Mortgage 8, 0.02% 1.41%
LeaderOne Financial Corp 9, 0.04% 1.41%
LoanDepot 10, 0.10% 12.68%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Us Bank 1, -0.01% 55.00%
Keller Mortgage 2, -0.00% 5.00%
Prosperity Home Mortgage 3, 0.01% 5.00%
Home Federal Savings Bank 4, 0.01% 5.00%
Associated Bank 5, 0.01% 15.00%
Compeer Financial ACA 6, 0.03% 15.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Us Bank 1, -0.01% 75.00%
Prosperity Home Mortgage 2, 0.02% 12.50%
Home Federal Savings Bank 3, 0.02% 12.50%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Us Bank 1, -0.01% 41.67%
Keller Mortgage 2, -0.01% 8.33%
Associated Bank 3, -0.00% 25.00%
Compeer Financial ACA 4, 0.03% 25.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Usaa Federal Savings Bank 1, -0.06% 14.29%
LoanDepot 2, -0.04% 6.86%
Wells Fargo Bank 3, -0.04% 8.00%
Servion, Inc 4, -0.04% 1.71%
Associated Bank 5, -0.03% 5.71%
Prosperity Home Mortgage 6, -0.02% 2.86%
Keller Mortgage 7, -0.02% 1.14%
Us Bank 8, -0.01% 2.29%
Merchants Bank 9, 0.00% 4.57%
LeaderOne Financial Corp 10, 0.01% 4.57%
Altra Federal Credit Union 11, 0.01% 2.86%
Finance of America Mortgage 12, 0.02% 5.71%
Bremer Bank 13, 0.03% 6.86%
American Mortgage & Equity Consultants Inc 14, 0.03% 2.86%
Quicken Loans 15, 0.04% 16.00%
Flagstar Bank 16, 0.05% 13.71%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Usaa Federal Savings Bank 1, -0.07% 16.52%
Associated Bank 2, -0.04% 6.09%
Wells Fargo Bank 3, -0.04% 12.17%
Servion, Inc 4, -0.04% 2.61%
Prosperity Home Mortgage 5, -0.02% 4.35%
Keller Mortgage 6, -0.02% 1.74%
Us Bank 7, -0.01% 3.48%
Quicken Loans 8, 0.00% 3.48%
Merchants Bank 9, 0.01% 6.09%
Altra Federal Credit Union 10, 0.01% 3.48%
LeaderOne Financial Corp 11, 0.02% 5.22%
Finance of America Mortgage 12, 0.02% 8.70%
American Mortgage & Equity Consultants Inc 13, 0.03% 4.35%
Bremer Bank 14, 0.03% 8.70%
Flagstar Bank 15, 0.10% 13.04%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
LoanDepot 1, -0.05% 20.00%
Flagstar Bank 2, -0.03% 15.00%
LeaderOne Financial Corp 3, -0.03% 3.33%
Usaa Federal Savings Bank 4, -0.02% 10.00%
Altra Federal Credit Union 5, -0.02% 1.67%
Associated Bank 6, -0.02% 5.00%
Merchants Bank 7, -0.02% 1.67%
Bremer Bank 8, -0.01% 3.33%
Quicken Loans 9, 0.05% 40.00%

* Data is compiled for the Eau Claire, WI commuting zone area, which comprises of counties of Winona County, MN, Buffalo County, WI, Chippewa County, WI, Dunn County, WI, Eau Claire County, WI, Jackson County, WI, Pepin County, WI, and Trempealeau County, WI. This includes cities/towns/communities of Eau Claire, WI as well as Winona, MN, Chippewa Falls, WI, Menomonie, WI, Altoona, WI, Lake Wissota, WI, Lake Hallie, WI, Cornell, WI, Stanley, WI, Dakota, MN, Stockton, MN, Tainter Lake, WI, St. Charles, MN, Elk Mound, WI, Fall Creek, WI, Trempealeau, WI, Seymour, WI, Melrose, WI, Bloomer, WI, Mondovi, WI, Black River Falls, WI, New Auburn, WI, Osseo, WI, Boyceville, WI, Downsville, WI, Taylor, WI, Galesville, WI, Augusta, WI, Merrillan, WI, Ridgeland, WI, Pepin, WI, Durand, WI, Utica, MN, Strum, WI, Millston, WI, Whitehall, WI, Fountain City, WI, Blair, WI, Buffalo City, WI, Alma, WI, Independence, WI, and Arcadia, WI. Lenders must have made at least 30 loans in the area to be included. Source for the data comes from Federal Financial Institutions Examination Council (FFIEC). Rate Difference (the average difference of interest rates relative to those of other lenders) were computed by subtracting the rate at origination from the average predicted rate based on the MSA, borrower LTV, DTI, Loan Amount, Loan Type, and Loan Purpose, and then regularized based on a Bayesian approach to account for smaller sample sizes. Above-average mortgage closing costs were then added to the rate difference at a rate of +0.15/point. Star ratings were determined in intervals of 0.10% in rate difference per half star.

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