What are the average closing costs in Stearns County County?

In Stearns County County, the median total loan costs on purchase mortgages were $5,367 in 2024, based on 1,272 originations.

Which lender has the lowest closing costs in Stearns County County?

Among lenders with 10+ originations in Stearns County County, MORTGAGE RESEARCH CENTER, LLC had the lowest median total closing costs at $1,987 in 2024.

How do closing costs in Stearns County County compare to Minnesota?

Stearns County County closing costs (median $5,367) are 6.2% below the Minnesota state median of $5,722.

Lowest closing cost mortgage lenders in Stearns County County, Minnesota

In Stearns County, Minnesota, homebuyers paid a median of $5,367 in closing costs in 2024 — below the Minnesota median of $5,722. The county saw 1,272 purchase mortgages at a median rate of 6.62%. Among lenders with 10+ originations, MORTGAGE RESEARCH CENTER, LLC offered the lowest median costs at $1,987, which is $2,631 less than the county median.

Homebuyers in Stearns County County who chose MORTGAGE RESEARCH CENTER, LLC paid $3,380 less in closing costs than the county median.

County Median Costs

$5,367

−6.2% vs Minnesota ($5,722)

Median Rate

6.620%

+0.0% vs national (6.620%)

Median Origination

$2,616

Purchase Originations

1,272

vs Minnesota Median

6.2% below

$-355

vs National Median

20.4% below

$-1,374

Lender rankings in Stearns County County

25 lenders with 10+ originations, ranked by median total loan costs.

Rank	Lender	Median Total Costs ↑	Median Rate ↕	Median Origination ↕	Volume ↕	vs. Median
1	Liberty Bank Minnesota	$3,271	6.625%	$1,000	65	−$1,441
2	Magnifi Financial Credit Union	$3,589	6.625%	$1,000	146	−$1,123
3	Gate City Bank	$3,723	6.438%	$1,148	12	−$989
4	Bell Bank	$4,022	6.933%	$1,424	28	−$690
5	U.S. Bank National Association	$4,041	6.933%	$1,503	26	−$671
6	Flagstar Bank, National Association	$4,465	6.750%	$2,400	10	−$247
7	PLAZA HOME MORTGAGE, INC.	$4,520	6.375%	$2,414	57	−$192
8	Deerwood Bank	$4,632	7.000%	$2,430	25	−$80
9	Granite Bank	$5,094	6.750%	$2,585	12	+$382
10	NEW AMERICAN FUNDING, LLC	$5,158	6.990%	$2,802	24	+$446
11	FAIRWAY INDEPENDENT MORTGAGE CORPORATION	$5,328	7.250%	$3,153	24	+$616
12	ST. CLOUD FINANCIAL	$5,363	6.125%	$3,064	53	+$651
13	Bremer Bank, National Association	$5,395	6.500%	$3,059	22	+$683
14	Royal Credit Union	$5,487	7.250%	$2,914	22	+$775
15	ROCKET MORTGAGE, LLC	$5,565	6.500%	$3,655	35	+$853
16	PENNYMAC LOAN SERVICES, LLC	$5,648	6.499%	$3,120	11	+$936
17	HOMEOWNERS FINANCIAL GROUP USA, LLC	$5,664	7.000%	$3,523	55	+$952
18	PRIMELENDING, A PLAINSCAPITAL COMPANY	$5,803	6.562%	$3,151	10	+$1,091
19	GUARANTEED RATE AFFINITY, LLC	$5,864	6.675%	$3,436	10	+$1,152
20	CROSSCOUNTRY MORTGAGE, LLC	$6,020	6.875%	$3,586	26	+$1,308
21	Servion, Inc.	$6,337	6.375%	$3,908	13	+$1,625
22	UNITED WHOLESALE MORTGAGE, LLC	$6,615	6.625%	$4,081	44	+$1,903
23	EVERETT FINANCIAL, INC.	$6,680	7.125%	$4,034	18	+$1,968

Includes lenders with 10+ purchase originations in Stearns County County. Source: HMDA 2024. 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 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.