Granite Bank: what its borrowers actually paid (2025)
Granite Bank reported 1,701 closed first-lien, owner-occupied home loans in 2025 under HMDA, across 60 counties in 14 states, and 599 in 2024. The table below shows its median rates and costs in the counties where it lent most, next to each county's all-lender median, so you can see at a glance where this lender's closed loans landed relative to the local market.
Home purchase
1,648 loans
across 60 counties with at least 5 such loans, 2025.
Refinance
53 loans
across 6 counties with at least 5 such loans, 2025.
Where Granite Bank stands
Statewide, Granite Bank ranks #14 of 268 lenders in Minnesota by 2025 closed loans in this dataset, purchase and refinance combined. Below, its standing in the counties where it closed the most purchase loans in 2025. Loan-count ranks include every lender that reported at least 5 loans in the county; rate and cost ranks compare only lenders with at least 30 closed purchase loans there, so a one-off low median never outranks a lender with real volume.
| County | Loans | By closed loans | By lowest median rate | By lowest median costs |
|---|---|---|---|---|
| Hennepin County, MN | 204 | #20 of 157 | #38 of 69 | #49 of 69 |
| Pennington County, SD | 110 | #3 of 33 | #2 of 11 | #10 of 11 |
| McLennan County, TX | 96 | #7 of 76 | #8 of 19 | #8 of 19 |
| Ramsey County, MN | 95 | #13 of 96 | #9 of 37 | #26 of 37 |
| Anoka County, MN | 93 | #11 of 98 | #20 of 39 | #29 of 38 |
| Dakota County, MN | 86 | #16 of 116 | #21 of 43 | #30 of 42 |
| Crow Wing County, MN | 56 | #1 of 36 | #3 of 3 | #3 of 3 |
| Wright County, MN | 55 | #10 of 85 | #12 of 19 | #12 of 19 |
| Washington County, MN | 51 | #19 of 96 | #21 of 33 | #20 of 33 |
| Maricopa County, AZ | 50 | #120 of 295 | #101 of 145 | #83 of 142 |
Ranks describe 2025 closed purchase loans reported under HMDA, not current pricing. "Of N" counts the lenders eligible for that ranking: every reporting lender for loan counts, lenders with 30 or more such loans for rate and cost ranks.
County by county
Each row is this lender's median among its own closed loans in that county, with the county's all-lender median beneath it for comparison. Origination is the lender's own charges (Loan Estimate section A); points is the discount-points portion. County pages link to the full local picture.
| County | Loans | Median rate | Total costs | Origination | Points | Loan amount |
|---|---|---|---|---|---|---|
| Hennepin County, MN | 204 | 6.625%county 6.5% | $6,465county $5,517 | $3,088 | $2,203 | $310,000county $335,000 |
| Pennington County, SD | 110 | 6.125%county 6.25% | $8,030county $7,212 | $975 | $3,189 | $315,000county $315,000 |
| McLennan County, TX | 96 | 6.49%county 6.5% | $7,461county $7,249 | $2,881 | $1,761 | $275,000county $275,000 |
| Ramsey County, MN | 95 | 6.5%county 6.625% | $6,060county $5,369 | $2,095 | $2,284 | $285,000county $295,000 |
| Anoka County, MN | 93 | 6.625%county 6.5% | $7,270county $6,111 | $3,433 | $2,513 | $335,000county $325,000 |
| Dakota County, MN | 86 | 6.625%county 6.5% | $6,486county $5,633 | $3,391 | $2,231 | $330,000county $335,000 |
| Crow Wing County, MN | 56 | 6.625%county 6.5% | $6,308county $5,464 | $3,220 | $1,727 | $245,000county $255,000 |
| Wright County, MN | 55 | 6.625%county 6.5% | $7,381county $6,451 | $3,289 | $2,362 | $325,000county $345,000 |
| Washington County, MN | 51 | 6.625%county 6.5% | $5,841county $5,657 | $3,092 | $2,039 | $315,000county $375,000 |
| Maricopa County, AZ | 50 | 6.625%county 6.25% | $9,157county $8,540 | $4,178 | $3,614 | $420,000county $415,000 |
| El Paso County, CO | 49 | 6.49%county 6.125% | $6,041county $7,067 | $2,632 | $2,565 | $455,000county $425,000 |
| Scott County, MN | 42 | 6.625%county 6.499% | $5,543county $5,735 | $3,019 | $2,750 | $365,000county $375,000 |
| St. Louis County, MN | 33 | 6.875%county 6.625% | $4,602county $5,265 | $1,595 | $1,013 | $155,000county $225,000 |
| Milwaukee County, WI | 30 | 6.433%county 6.625% | $3,688county $3,262 | $1,595 | $873 | $255,000county $255,000 |
| Stark County, ND | 29 | 7%county 6.5% | $8,281county $6,403 | $1,795 | $2,214 | $275,000county $275,000 |
| Grand Forks County, ND | 27 | 6.5%county 6.375% | $6,413county $5,613 | $1,595 | $2,480 | $245,000county $255,000 |
| Stearns County, MN | 26 | 6.433%county 6.5% | $5,895county $5,333 | $2,601 | $1,840 | $235,000county $245,000 |
| Becker County, MN | 25 | 6.5%county 6.497% | $7,431county $6,065 | $3,275 | $1,780 | $195,000county $275,000 |
| Sherburne County, MN | 25 | 6.49%county 6.5% | $7,464county $6,530 | $2,417 | $1,645 | $325,000county $335,000 |
| Limestone County, AL | 23 | 6.5%county 6.125% | $5,756county $6,132 | $3,161 | $1,841 | $315,000county $285,000 |
| Scott County, IA | 22 | 6.625%county 6.375% | $6,172county $2,728 | $1,647 | $380 | $175,000county $205,000 |
| Clay County, MN | 22 | 6.312%county 6.375% | $7,818county $5,411 | $3,822 | $2,537 | $265,000county $245,000 |
| Cass County, ND | 22 | 6.47%county 6.25% | $7,746county $5,637 | $1,695 | $3,713 | $290,000county $295,000 |
| Carver County, MN | 21 | 6.625%county 6.5% | $6,458county $5,720 | $2,820 | $3,571 | $345,000county $405,000 |
| Pinal County, AZ | 20 | 6.625%county 5.99% | $13,058county $9,759 | $4,862 | $3,926 | $345,000county $355,000 |
| Charlotte County, FL | 20 | 6.562%county 6.375% | $9,795county $7,350 | $2,702 | $2,314 | $305,000county $285,000 |
| Burleigh County, ND | 19 | 6.125%county 6.25% | $8,659county $5,819 | $3,694 | $4,237 | $355,000county $295,000 |
| Olmsted County, MN | 17 | 6.75%county 6.49% | $7,385county $5,224 | $3,506 | $2,271 | $285,000county $295,000 |
| La Crosse County, WI | 17 | 6.625%county 6.625% | $4,902county $3,174 | $1,933 | $800 | $225,000county $265,000 |
| Kandiyohi County, MN | 15 | 6.49%county 6.5% | $6,627county $5,413 | $3,844 | $2,249 | $295,000county $230,000 |
| Laramie County, WY | 14 | 6.5%county 6.25% | $8,340county $7,813 | $2,881 | $2,585 | $335,000county $345,000 |
| Kootenai County, ID | 13 | 6.49%county 6.375% | $9,100county $9,086 | $5,295 | $3,302 | $395,000county $435,000 |
| Mahnomen County, MN | 13 | 6.49%county 6.295% | $6,079county $5,451 | $2,714 | $1,831 | $175,000county $175,000 |
| Todd County, MN | 13 | 6.625%county 6.625% | $6,666county $5,390 | $2,650 | $1,135 | $165,000county $185,000 |
| Lawrence County, SD | 13 | 6.5%county 6.375% | $4,397county $6,809 | $975 | $2,619 | $295,000county $335,000 |
| Cass County, MN | 11 | 6.5%county 6.625% | $5,320county $5,582 | $1,595 | $1,766 | $205,000county $260,000 |
| Meade County, SD | 10 | 6.062%county 6.375% | $5,679county $7,562 | $1,666 | $3,225 | $405,000county $355,000 |
| Rock Island County, IL | 9 | 7.375%county 6.375% | $5,650county $3,301 | $1,994 | $714 | $125,000county $155,000 |
| Isanti County, MN | 9 | 6.375%county 6.625% | $7,090county $6,570 | $2,182 | $1,643 | $305,000county $305,000 |
| Mille Lacs County, MN | 9 | 6.625%county 6.625% | $5,397county $5,606 | $2,379 | $1,602 | $255,000county $265,000 |
| Butte County, SD | 9 | 5.75%county 6.25% | $6,659county $6,474 | $975 | $2,583 | $235,000county $265,000 |
| Fall River County, SD | 9 | 6.25%county 6.25% | $4,197county $5,296 | $975 | $1,788 | $205,000county $245,000 |
| Lee County, FL | 8 | 6.625%county 6.375% | $6,666county $9,372 | $1,780 | $1,305 | $315,000county $325,000 |
| Aitkin County, MN | 8 | 6.875%county 6.625% | $7,348county $5,653 | $3,705 | $2,110 | $250,000county $245,000 |
| Morrison County, MN | 8 | 6.558%county 6.5% | $4,890county $5,483 | $2,529 | $2,255 | $285,000county $235,000 |
| Otter Tail County, MN | 8 | 6.5%county 6.5% | $7,877county $5,194 | $3,810 | $2,280 | $205,000county $235,000 |
| Polk County, MN | 8 | 6.5%county 6.5% | $8,011county $5,932 | $2,938 | $1,483 | $140,000county $215,000 |
| Rice County, MN | 8 | 6.562%county 6.537% | $5,709county $5,887 | $1,595 | $2,655 | $330,000county $280,000 |
| Morton County, ND | 7 | 6.125%county 6.25% | $7,318county $6,329 | $1,795 | $5,488 | $265,000county $275,000 |
| Spokane County, WA | 7 | 6.375%county 6.49% | $9,474county $7,813 | $3,612 | $1,811 | $335,000county $365,000 |
Showing the 50 counties where this lender closed the most purchase loans in 2025, out of 60 counties with at least 5 such loans.
What these numbers are, and are not
Everything above is computed from the FFIEC's HMDA Modified Loan/Application Register, filtered to originated, first-lien, owner-occupied principal-residence loans that were not business-purpose or reverse mortgages, in county groups of at least 5 loans. These are medians of loans that already closed, not advertised offers, and the public file contains no credit scores. A lender whose customers skew toward larger loans, stronger credit, or paying discount points will show different medians than its neighbors at identical pricing. The methodology page documents every step.
The way to compare actual offers is the Loan Estimate: every lender must give you one within 3 business days of application, on the same standardized form, and its origination charges are binding. If you have one in hand, the checker compares it against your county's figures in your browser.
Common questions
What mortgage rates did Granite Bank borrowers get in 2025?
Across the counties where Granite Bank closed the most home-purchase loans in 2025, its county median rates ran from 5.75% to 7.375%. Each figure is a median of closed loans reported under HMDA, not an advertised offer, and the table on this page shows each county next to its all-lender benchmark.
Can I get these rates from Granite Bank today?
Not from this page. These are medians of loans that already closed, under those borrowers' credit profiles, loan sizes, discount points, and lock dates. To learn your own number, apply and get a Loan Estimate, which federal rules require within 3 business days and make close to free.
Why might Granite Bank's medians differ from the county median?
Partly pricing, partly customer mix. The public HMDA file contains no credit scores, so a lender serving stronger-credit borrowers, larger loans, or borrowers who paid points will show different medians than its neighbors at identical pricing.
Where does this data come from?
The FFIEC's public HMDA Modified Loan/Application Register, the loan-level data nearly every mortgage lender must file each year, filtered to originated, first-lien, owner-occupied, non-business, non-reverse loans, in county groups of at least 5.