Top Mortgage Lenders in Pine City, MN

Which mortgage lender in the Pine City, MN 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 Pine City, MN 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 Pine City, MN area is Us Bank, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.09%. This means that Us Bank provided a -0.09% lower interest rate for its customers than other lenders in Pine City, MN for a similar set of borrowers. Us Bank has a market share of 16.1%. On the other hand, the most popular lender in the market is Quicken Loans, with a market share of 27.7%. Quicken Loans is an average rate lender in this area, with a “Rate Difference” of +0.06% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Pine City, MN 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 Pine City, MN is Us Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is American Mortgage & Equity Consultants Inc. The cheapest VA mortgage provider is Crescent Mortgage Company. Nevertheless, to get the lowest rate for your mortgage, we would suggest shopping and negotiating among several of our top ranked lenders for your desired mortgage type and purpose.

Ranking of Mortgage Lenders in Pine City, MN

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Us Bank 1, -0.09% 16.06%
Crescent Mortgage Company 2, -0.02% 11.68%
Spire Credit Union 3, -0.02% 14.96%
American Mortgage & Equity Consultants Inc 4, -0.02% 17.15%
Guaranteed Rate Inc 5, 0.03% 12.41%
Quicken Loans 6, 0.06% 27.74%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Us Bank 1, -0.08% 15.22%
Spire Credit Union 2, -0.01% 12.32%
Quicken Loans 3, -0.00% 11.59%
Crescent Mortgage Company 4, 0.01% 13.04%
American Mortgage & Equity Consultants Inc 5, 0.01% 28.26%
Guaranteed Rate Inc 6, 0.05% 19.57%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Us Bank 1, -0.10% 16.91%
American Mortgage & Equity Consultants Inc 2, -0.07% 5.88%
Crescent Mortgage Company 3, -0.04% 10.29%
Spire Credit Union 4, -0.03% 17.65%
Guaranteed Rate Inc 5, -0.01% 5.15%
Quicken Loans 6, 0.07% 44.12%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Us Bank 1, -0.09% 18.26%
Crescent Mortgage Company 2, -0.02% 12.61%
Spire Credit Union 3, -0.02% 17.83%
American Mortgage & Equity Consultants Inc 4, -0.01% 14.78%
Guaranteed Rate Inc 5, 0.02% 10.43%
Quicken Loans 6, 0.08% 26.09%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Us Bank 1, -0.08% 17.76%
Spire Credit Union 2, -0.01% 15.89%
Quicken Loans 3, 0.01% 9.35%
Crescent Mortgage Company 4, 0.01% 14.95%
American Mortgage & Equity Consultants Inc 5, 0.02% 25.23%
Guaranteed Rate Inc 6, 0.04% 16.82%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Us Bank 1, -0.10% 18.70%
American Mortgage & Equity Consultants Inc 2, -0.07% 5.69%
Crescent Mortgage Company 3, -0.05% 10.57%
Spire Credit Union 4, -0.03% 19.51%
Guaranteed Rate Inc 5, -0.01% 4.88%
Quicken Loans 6, 0.09% 40.65%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
American Mortgage & Equity Consultants Inc 1, -0.03% 29.73%
Crescent Mortgage Company 2, -0.02% 5.41%
Quicken Loans 3, -0.01% 35.14%
Us Bank 4, -0.00% 2.70%
Guaranteed Rate Inc 5, 0.05% 27.03%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
American Mortgage & Equity Consultants Inc 1, -0.04% 35.71%
Quicken Loans 2, -0.02% 21.43%
Crescent Mortgage Company 3, -0.02% 7.14%
Us Bank 4, -0.00% 3.57%
Guaranteed Rate Inc 5, 0.06% 32.14%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
American Mortgage & Equity Consultants Inc 1, -0.00% 11.11%
Quicken Loans 2, 0.00% 77.78%
Guaranteed Rate Inc 3, 0.00% 11.11%
Insufficient data available.
Insufficient data available.
Insufficient data available.
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Crescent Mortgage Company 1, -0.01% 14.29%
Quicken Loans 2, -0.00% 42.86%
Us Bank 3, -0.00% 14.29%
American Mortgage & Equity Consultants Inc 4, 0.01% 28.57%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Us Bank 1, -0.01% 33.33%
American Mortgage & Equity Consultants Inc 2, 0.00% 66.67%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Crescent Mortgage Company 1, -0.00% 25.00%
Quicken Loans 2, 0.00% 75.00%

* Data is compiled for the Pine City, MN commuting zone area, which comprises of counties of Kanabec County, MN, and Pine County, MN. This includes cities/towns/communities of Pine City, MN as well as Mora, MN, Ogilvie, MN, Henriette, MN, Quamba, MN, Hinckley, MN, Kerrick, MN, Sturgeon Lake, MN, Sandstone, MN, and Rutledge, MN. 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.

Mortgage Lender Rankings for Other Cities

This page ranks the top mortgage lenders in the Pine City, MN area. For mortgage lender rankings of other cities, click here.