Compare Mortgage Rates

  • Refinance
  • Home Purchase
  • Home Equity
  • Debt Consolidation

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Include 1st & 2nd mortgages plus any equity loans or credit lines
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Minnesota Mortgages at a glance

Average 25th Percentile 50th Percentile 75th Percentile
Loan Amount $184,276 $117,500 $162,500 $215,000
Property Values $254,947 $152,500 $205,000 $295,000
Average LTV 78.8%
Percent Refinance 80.6%
Pct of Refis Cashout 7.4%

Minnesota Mortgage Rates

Are you searching for a low-rate mortgage loan in Minnesota? Whether you live in urban Minneapolis, or the quiet Alba Township, you deserve to have the lowest cost mortgage available. Follow these tips to get it done:

  • Learn all about mortgages.
  • Choose how you want to save, either on the payment or on total interest costs.
  • Bargain hunt.
  • Analyze the numbers.

You'll find the resources you need at Mortgageloan.com. Friendly articles and interest rate tables provide the context. The Minnesota broker directory and rate request page give you the contact information. And a complete assortment of mortgage calculators empowers you to crunch numbers like an experienced accountant.

Ditech.com

4.180%APR

Rates as of: 7/29/2014 30 Yr. Fixed
  • Find a mortgage right for you.
  • Enjoy a convenient loan process
  • Low rates. Learn more now.
Show Phone number

Call Now: 855-389-4978

Rate APR Term Point Payment
  • 4.125%
  • 4.180%
  • 30 Yr. Fixed
  • 0.000%
  • $994

Amerisave

4.202%APR

Rates as of: 7/28/2014 30 Yr. Fixed
  • Direct Mortgage Lender
  • Billions Funded
  • Apply Online. Quick approvals.
Show Phone number

Call Now: 866-814-2162

Rate APR Term Point Payment
  • 4.000%
  • 4.125%
  • 4.250%
  • 4.202%
  • 4.242%
  • 4.283%
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 2.000%
  • 1.000%
  • 0.000%
  • $979
  • $994
  • $1,008

Sebonic Financial

4.042%APR

Rates as of: 7/28/2014 30 Yr. Fixed
  • Learn how we transformed home lending into an enjoyable experience.
  • We changed the process to make it better, faster and easier for you.
  • You're updated every step of the way. No surprises.
Show Phone number

Call Now: 877-719-2101

Rate APR Term Point Payment
  • 3.875%
  • 4.000%
  • 4.125%
  • 4.042%
  • 4.083%
  • 4.125%
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 2.000%
  • 1.000%
  • 0.000%
  • $964
  • $979
  • $994

Capital One

4.242%APR

Rates as of: 7/29/2014 30 Yr. Fixed
  • Saving just makes sense. Get $1000 Off Closing Costs.
  • Get a customized quote in minutes.
  • Free 60-day rate lock and no application fee
Show Phone number

Call Now: 855-238-8771

Rate APR Term Point Payment
  • 4.125%
  • 4.125%
  • 4.375%
  • 4.327%
  • 4.242%
  • 4.408%
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 2.000%
  • 1.000%
  • 0.000%
  • $994
  • $994
  • $1,024

LoanDepot, LLC

3.958%APR

Rates as of: 7/29/2014 30 Yr. Fixed
  • DIRECT LENDER. We can approve and fund loans in less than 30 days.
  • Get a free and no obligation rate quote in Minnesota.
  • These rates won't last. Call now and lock-in your low rate!
Show Phone number

Call Now: 877-789-3376

Rate APR Term Point Payment
  • 4.125%
  • 4.000%
  • 3.875%
  • 4.083%
  • 4.000%
  • 3.958%
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • -0.500%
  • 0.000%
  • 1.000%
  • $994
  • $979
  • $964

Quicken Loans

4.080%APR

Rates as of: 7/29/2014 30 Yr. Fixed
  • We close our loans FAST - many in 30 days or less!
  • Rates are still historically low! Lock in a low rate and payment today.
  • Why pay more for your home than you have to? Check out rates now.
Show Phone number

Call Now: 800-695-1899

Rate APR Term Point Payment
  • 4.125%
  • 3.875%
  • 4.250%
  • 3.990%
  • 4.125%
  • 4.375%
  • 4.375%
  • 4.354%
  • 4.080%
  • 4.405%
  • 4.132%
  • 4.298%
  • 4.484%
  • 4.476%
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 1.875%
  • 1.625%
  • 1.000%
  • 0.875%
  • 0.000%
  • 0.000%
  • 0.000%
  • $994
  • $964
  • $1,008
  • $978
  • $994
  • $1,024
  • $1,024
See more rates

The advertised rates were submitted by each individual lender/broker on the date indicated. Rate/APR terms offered by advertisers may differ from those listed above based on the creditworthiness of the borrower and other differences between an individual loan and the loan criteria used for the quotes. More Info.. These quotes are from banks, thrifts and brokers who have paid for a link to their website in the listings above and you can find additional information about their loan programs on their websites.

Rate Map for Minnesota

What are mortgage rates like in your area? Our Minnesota Rate Map provides rate information on individual mortgage loans obtained by borrowers just like you all across the state! Each colored marker represents a single loan – click on one to get information on the mortgage rate, loan amount, loan-to-value ratio and more.

To further refine your search, you can use the list of options at left to sort results by credit score and location.

This rate map project is part of our effort to make the mortgage process more transparent for all borrowers. If you found it useful in negotiating a mortgage and would like to anonymously add your own loan information, just click on “Share Your Rate” above the map. Your fellow borrowers will thank you!

NOTE: MortgageLoan.com cannot guarantee the accuracy of the data provided as it is submitted by our visitors.

Conforming Mortgages

Fannie Mae and Freddie Mac are federally chartered organizations that provide liquidity to private U.S. lenders. Fannie and Freddie specifically support the homeownership needs of low- and middle-income households. As such, they've devised a set of standards to identify mortgages that are appropriate for these families, also known as conforming mortgages. With the support of Fannie Mae and Freddie Mac, conforming mortgages carry lower interest rates than non-conforming mortgages. If your lender recommends a non-conforming mortgage, find out why. You might hold off on the loan until you can qualify for a better rate later. Often the most restrictive criteria, however, is the maximum loan limit. This limit is reviewed and reset annually by the Office of Federal Housing Enterprise Oversight (OFHEO).

Second Mortgages

A finance dictionary might explain that a second mortgage is a loan holding a second lien position on the collateral property. To put this in layman's terms, the second mortgage is a home equity loan, or home equity line of credit (HELOC), that can be funded without changing or refinancing your first mortgage. Second mortgage interest rates are slightly higher than first mortgage rates, but the amount borrowed is much less. Second mortgage lenders can foreclose, and this is a risk to be considered seriously. You might pursue a second mortgage if you need to raise funds for home improvement, large household purchases, or business start-up costs.

Comparing Loans

As a Minnesota resident, you have many financing options for your purchase or refinance: FRMs, ARMs, second mortgages, HELOCs, etc. If you aren't sure what it all means, turn to Mortgageloan.com's articles, definitions, or interest rate table to learn more. You can also reference our Minnesota broker directory, where you'll find contact information for the lenders who are ready to answer your questions. If you already know what you need, simply request a personalized quote to obtain several competing offers.

Don't discount the importance of analyzing your mortgage offers thoroughly with Mortgageloan.com's mortgage calculators. Check on total interest costs, tax savings, any potential expense associated with rising interest rates, and more. Crunching the numbers is a necessary step in making an informed mortgage decision. Since the tools are free and easy to use, there's no reason not to go through this process.