Homebuyers in Morrison County County who chose Magnifi Financial Credit Union paid $1,648 less in closing costs than the county median.
County Median Costs
$5,485
−1.4% vs Minnesota ($5,563)
Median Rate
6.500%
+0.1% vs national (6.490%)
Median Origination
$2,438
Purchase Originations
243
Denial Rate
6.1%
vs Minnesota avg (5.7%)
vs Minnesota Median
1.4% below
$-78
vs National Median
17.9% below
$-1,195
3 lenders with 10+ originations, ranked by median total loan costs.
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,837 | 6.188% | $1,500 | 24 | −$1,132 | |
| 2 | $5,943 | 6.625% | $3,520 | 10 | +$974 | |
| 3 | $6,268 | 6.375% | $3,614 | 11 | +$1,299 |
Includes lenders with 10+ purchase originations in Morrison 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
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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.