Homebuyers in Goodhue County County who chose Merchants Bank, National Association paid $1,681 less in closing costs than the county median.
County Median Costs
$5,508
−1.0% vs Minnesota ($5,563)
Median Rate
6.500%
+0.1% vs national (6.490%)
Median Origination
$2,641
Purchase Originations
446
Denial Rate
4.8%
vs Minnesota avg (5.7%)
vs Minnesota Median
1.0% below
$-55
vs National Median
17.5% below
$-1,172
7 lenders with 10+ originations, ranked by median total loan costs.
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,827 | 6.525% | $1,220 | 39 | −$1,409 | |
| 2 | $4,277 | 6.575% | $1,964 | 25 | −$959 | |
| 3 | $4,403 | 6.250% | $2,575 | 17 | −$833 | |
| 4 | $5,603 | 6.562% | $3,240 | 32 | +$367 | |
| 5 | $5,716 | 6.375% | $3,506 | 18 | +$480 | |
| 6 | $6,252 | 6.500% | $3,718 | 29 | +$1,016 | |
| 7 | $7,444 | 6.375% | $5,000 | 11 | +$2,208 |
Includes lenders with 10+ purchase originations in Goodhue County County. Source: HMDA 2025. Sorted by median total loan costs.
View detailed closing cost breakdowns and user reviews for lenders in Minnesota → Lender Directory
Found your lender? Make sure their quote is fair.
HMDA data shows industry-wide medians. Your actual quote may differ. Upload your Closing Disclosure or Loan Estimate to see exactly where your fees stand — and get a ready-to-send negotiation email.
Data source: HMDA Modified Loan Application Register 2025, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.