Lowest closing cost mortgage lenders in Redwood County County, Minnesota
In Redwood County, Minnesota, homebuyers paid a median of $4,390 in closing costs in 2024 — below the Minnesota median of $5,722. The county saw 100 purchase mortgages at a median rate of 6.75%. Among lenders with 10+ originations, Minnwest Bank offered the lowest median costs at $3,682, which is $69 less than the county median.
Homebuyers in Redwood County County who chose Minnwest Bank paid $708 less in closing costs than the county median.
County Median Costs
$4,390
−23.3% vs Minnesota ($5,722)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$1,954
Purchase Originations
100
vs Minnesota Median
23.3% below
$-1,332
vs National Median
34.9% below
$-2,351
Lender rankings in Redwood County County
2 lenders with 10+ originations, ranked by median total loan costs.
Fewer than 3 qualifying lenders in this county.
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 2024, 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.