Mortgage lending in Dakota County
10,299 mortgages were originated in Dakota County, Minnesota, in 2025.
30-year fixed, this week
6.58%
Freddie Mac’s survey average for the week of July 23, 2026 — a year earlier it was 6.75%, and the past year ranged 5.98–6.72%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 10,299
- Median rate
- 6.625%
- Median lender fees
- $4,841
- Median loan amount
- $255,000
- Median spread over APOR
- 0.217
- Paid discount points
- 37.9%
- Received lender credits
- 25.5%
- Purchases / refinances
- 56.5% / 22.8%
- Conventional / FHA / VA
- 87.2% / 7.4% / 5.3%
Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 72.4% of loans here — see methodology.
Loan limits here in 2026
- Conforming limit
- $832,750
- FHA limit
- $552,000
Borrow more than $832,750 and the loan becomes jumbo — outside agency rules, priced by each lender on its own terms. How limits work
Who lent here
Lenders with at least 50 loans in Dakota County, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| Wings Financial Credit Union | 534 | $3,832 | 7.250% |
| Bell Bank | 526 | $4,880 | 6.625% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 508 | $7,198 | 6.500% |
| TRUSTONE FINANCIAL CREDIT UNION | 473 | $428 | 7.250% |
| Rocket Mortgage, LLC | 451 | $5,526 | 6.625% |
| U.S. Bank National Association | 416 | $3,632 | 8.150% |
| AFFINITY PLUS | 317 | $345 | 6.625% |
| CROSSCOUNTRY MORTGAGE, INC. | 234 | $6,065 | 6.625% |
| Fairway Independent Mortgage Corporation | 233 | $6,291 | 6.625% |
| LENNAR MORTGAGE, LLC | 222 | $4,570 | 5.750% |
What lenders charged here
Lender fees on a $255,000 loan, based on what was actually charged in Dakota County — not a rule of thumb.
From 7,452 loans where fees were reported. This is what the lender charges — sections A and B of a Loan Estimate. Title, appraisal, escrow and taxes are extra and are not in these figures. Compare two offers