Mortgage lending in St. Louis County
4,132 mortgages were originated in St. Louis County, Minnesota, in 2025.
30-year fixed, this week
6.71%
Freddie Mac's survey average for the week of September 3, 2026 — a year earlier it was 6.56%, and the past year ranged 5.98–6.71%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 4,132
- Median rate
- 6.750%
- Median lender fees
- $4,695
The going rate is the federal "average prime offer rate" for a comparable loan; 0.5 means half a percentage point above it.
- Median loan amount
- $165,000
- Above the going rate (spread over APOR)
- 0.410
- Paid discount points
- 33.1%
- Received lender credits
- 26.3%
- Purchases / refinances
- 55.4% / 25.9%
- Conventional / FHA / VA
- 86.3% / 7.4% / 6%
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 71.2% of loans here — see methodology.
Loan limits here in 2026
- Conforming limit
- $832,750
- FHA limit
- $541,287
- Median home price
- $236,000
- That home, 20% down
- $188,800
A median-priced home with 20% down leaves $643,950 of room under the conforming limit, so the ceiling rarely binds on an ordinary purchase.
Borrow more than $832,750 and the loan becomes jumbo — outside agency rules, priced by each lender on its own terms. How limits work
Median price is HUD's figure for the 2026 limit calculation, not a live market quote.
Who lent here
Lenders with at least 50 loans in St. Louis County, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| North Shore Bank of Commerce | 371 | $5,987 | 6.625% |
| U.S. Bank National Association | 227 | $3,418 | 7.375% |
| Rocket Mortgage, LLC | 207 | $5,715 | 6.500% |
| CENTRICITY Credit Union | 198 | $330 | 6.740% |
| Fairway Independent Mortgage Corporation | 195 | $5,534 | 6.875% |
| Members Cooperative Credit Union | 172 | $509 | 7.500% |
| Frandsen Bank & Trust | 155 | $4,912 | 6.750% |
| Bell Bank | 150 | $3,973 | 6.750% |
| Affinity Plus | 143 | $345 | 6.490% |
| National Bank of Commerce | 117 | $4,993 | 6.875% |
What lenders charged here
Lender fees on a $165,000 loan, based on what was actually charged in St. Louis County — not a rule of thumb.
From 2,944 loans where fees were reported. This is what the lender charges — sections A and B of a Loan Estimate. Title, appraisal, taxes and the escrow deposit your lender collects up front for future tax and insurance bills are extra and not in these figures. Compare two offers