Homebuyers in Winona County County who chose Merchants Bank, National Association paid $803 less in closing costs than the county median.
County Median Costs
$4,113
−26.1% vs Minnesota ($5,563)
Median Rate
6.500%
+0.1% vs national (6.490%)
Median Origination
$1,944
Purchase Originations
324
Denial Rate
9.5%
vs Minnesota avg (5.7%)
vs Minnesota Median
26.1% below
$-1,450
vs National Median
38.4% below
$-2,567
5 lenders with 10+ originations, ranked by median total loan costs.
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,310 | 6.400% | $1,470 | 115 | −$670 | |
| 2 | $3,943 | 6.750% | $2,272 | 15 | −$37 | |
| 3 | $4,112 | 6.463% | $2,159 | 44 | +$132 | |
| 4 | $4,499 | 6.388% | $2,136 | 14 | +$519 | |
| 5 | $5,723 | 6.750% | $3,499 | 11 | +$1,743 |
Includes lenders with 10+ purchase originations in Winona 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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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.