Top 3 Mortgage Lenders in Winona

Merchants Bank stands as Winona's premier local mortgage lender with deep community roots spanning nearly 150 years. As a locally-owned and operated institution, they offer personalized service with decision-makers based right in Winona. Their mortgage team consistently receives exceptional ratings for their responsive communication, competitive rates, and extensive knowledge of the local housing market. Customers particularly praise their smooth closing processes and ability to handle complex mortgage scenarios with expertise.

Winona National Bank provides exceptional mortgage services with a strong focus on the Winona community. As another locally-headquartered bank, they offer the advantage of local underwriting and decision-making. Their mortgage specialists are praised for their educational approach, helping borrowers understand all options and guiding them through the entire process. The bank is particularly noted for their first-time homebuyer programs and flexible lending criteria that consider individual circumstances beyond just credit scores.

While headquartered in Onalaska, Wisconsin, Altra Federal Credit Union maintains a strong presence in Winona and serves the entire southeastern Minnesota region. As a credit union, they typically offer highly competitive rates and lower fees than many traditional banks. Their mortgage team receives consistent praise for their member-focused approach and willingness to work with borrowers who have unique financial situations. Customers highlight their efficient online application process and the personalized attention they receive throughout the mortgage journey, making them a top choice for Winona area homebuyers.