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The Lender Report built this page from public records. Minnwest Bank has not reviewed it. Every lender's page starts this way, and it says nothing about Minnwest Bank itself. Each figure shows its source and date. Work at Minnwest Bank? You can claim this page for free.
Multifamily record
Minnwest Bank: multifamily loans made
Minnwest Bank, a bank based in Redwood Falls, MN, made 39 multifamily loans in 2024 and 2025, $134.6M in all, in 5 states. The typical loan was about $440K, and the largest about $27M. Most were in Minnesota.
- Evidence
- Multifamily loans made in 2024 and 2025, HMDA
- Data as of
- HMDA 2025
- Page last changed
- November 9, 2026
- Multifamily loans
- 39
- HMDA,
- 2024 and 2025. Manufactured-home parks excluded
- Dollars
- $135M
- HMDA,
- Rounded amounts
- Typical loan
- $440K
- HMDA,
- Largest loan
- $27M
- HMDA,
- Rounded to 2 significant figures
- States
- 5
- HMDA,
Cite this
Source: The Lender Report, Minnwest Bank: multifamily loans made, https://lender.report/lender/minnwest-bank-mn/multifamily/, data as of December 31, 2025.
The loans, newest first
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| 2025 | Blue Earth County, MN | Purchase, 150 or more units | $27M | 6.25% | 5 yr | 67% | HMDA 2025 |
| 2025 | Ramsey County, MN | Purchase, 50 to 99 units | $9.4M | 6.25% | 5 yr | 85% | HMDA 2025 |
| 2025 | Hennepin County, MN | Purchase, 50 to 99 units | $6.8M | 6% | 3 yr | 93% | HMDA 2025 |
| 2025 | Rice County, MN | Purchase, 25 to 49 units | $5.9M | 6.39% | 7.5 yr | 75% | HMDA 2025 |
| 2025 | Olmsted County, MN | Purchase, 5 to 24 units | $5.1M | 6.5% | 7 yr | 80% | HMDA 2025 |
| 2025 | Brown County, SD | Refinance, 50 to 99 units | $3.6M | 7.39% | 2 yr | 53% | HMDA 2025 |
| 2025 | Cass County, ND | Purchase, 50 to 99 units | $3.1M | 6.25% | 5 yr | 79% | HMDA 2025 |
| 2025 | Scott County, MN | Purchase, 5 to 24 units | $1.7M | 8.5% | 1 yr | 70% | HMDA 2025 |
| 2025 | Ramsey County, MN | Purchase, 5 to 24 units | $1.6M | 6.5% | 5 yr | 55% | HMDA 2025 |
| 2025 | Benton County, MN | Purchase, 5 to 24 units | $880K | 6.5% | 5 yr | 80% | HMDA 2025 |
| 2025 | Nicollet County, MN | Purchase, 5 to 24 units | $840K | 6.25% | 5 yr | 75% | HMDA 2025 |
| 2025 | Olmsted County, MN | Purchase, 5 to 24 units | $660K | 6.75% | 3 yr | 78% | HMDA 2025 |
| 2025 | Rice County, MN | Purchase, 25 to 49 units | $440K | 6.39% | 7.5 yr | 76% | HMDA 2025 |
| 2025 | Goodhue County, MN | Refinance, 5 to 24 units | $320K | 7.5% | 5 yr | 75% | HMDA 2025 |
| 2025 | Anoka County, MN | Refinance, 5 to 24 units | $300K | 8.25% | 1 yr | 53% | HMDA 2025 |
| 2025 | Stearns County, MN | Refinance, 5 to 24 units | $220K | 6.48% | 5 yr | 74% | HMDA 2025 |
| 2025 | St. Louis County, MN | Refinance, 5 to 24 units | $160K | 7.5% | 5 yr | 47% | HMDA 2025 |
| 2025 | Hennepin County, MN | Refinance, 5 to 24 units | $120K | 8% | 4.6 yr | 29% | HMDA 2025 |
| 2025 | Winona County, MN | Improvement, 5 to 24 units | $25K | 9% | 0.4 yr | 3% | HMDA 2025 |
| 2025 | Winona County, MN | Improvement, 5 to 24 units | $15K | 9% | 0.3 yr | 5% | HMDA 2025 |
| 2024 | Lincoln County, SD | Purchase, 150 or more units | $24M | 5.85% | 3 yr | 80% | HMDA 2024 |
| 2024 | Anoka County, MN | Purchase, 50 to 99 units | $21M | 7.88% | 3 yr | 62% | HMDA 2024 |
| 2024 | Isanti County, MN | Purchase, 50 to 99 units | $9.8M | 7.52% | 3 yr | 62% | HMDA 2024 |
| 2024 | Stearns County, MN | Refinance, 50 to 99 units | $4.8M | 7.75% | 1 yr | 66% | HMDA 2024 |
| 2024 | Potter County, TX | Refinance, 100 to 149 units | $2.4M | 8% | 2 yr | 26% | HMDA 2024 |
| 39 multifamily loans made in 2024 and 2025 | $135M | HMDA 2024 and 2025 | |||||
A blank means the source did not report it.
| Place | As named | Loans | Dollars |
|---|---|---|---|
| Minnesota | State | 5 | $875K |
| Stearns County, MN | County | 4 | $5.84M |
| Winona County, MN | County | 4 | $680K |
| Hennepin County, MN | County | 3 | $7.00M |
| Anoka County, MN | County | 2 | $21.3M |
| Cass County, ND | County | 2 | $4.40M |
| Olmsted County, MN | County | 2 | $5.76M |
| Ramsey County, MN | County | 2 | $11.0M |
| Rice County, MN | County | 2 | $6.34M |
| Benton County, MN | County | 1 | $880K |
| Blue Earth County, MN | County | 1 | $27.0M |
| Brown County, SD | County | 1 | $3.60M |
A county is named only where the public file holds 5 or more multifamily loans there in the year; otherwise the metro area or the state is.
| Loan size | Loans | Dollars |
|---|---|---|
| Under $1M | 24 | $7.13M |
| $1M to $2.5M | 4 | $7.00M |
| $2.5M to $5M | 3 | $11.5M |
| $5M to $10M | 5 | $37.0M |
| $10M or more | 3 | $72.0M |
| Year | Loans | Dollars | Typical loan |
|---|---|---|---|
| 2024 | 19 | $66.5M | $340K |
| 2025 | 20 | $68.2M | $880K |
| Purpose | Loans |
|---|---|
| Purchase | 21 |
| Refinance | 13 |
| Improvement | 5 |
| Units | Loans |
|---|---|
| 5 to 24 units | 25 |
| 25 to 49 units | 4 |
| 50 to 99 units | 7 |
| 100 to 149 units | 1 |
| 150 or more units | 2 |
- Minnwest Bank made 39 multifamily loans totaling $134.6M in 2024 and 2025, in 22 named places across 5 states. HMDA,
- It made 20 of them in 2025 and 19 in 2024. HMDA,
- The typical loan was about $440K, with the middle half between $160K and $3.6M. HMDA,
- The largest was about $27M. Every amount is rounded to 2 significant figures. HMDA,
- 24 loans were under $1M, and 8 were $5M or more. HMDA,
- It reported a median rate of 7.45% on 39 loans, with the middle half between 6.48% and 8.00%. HMDA,
- The median term was 5 years. HMDA,
- The median loan to value was 69%. HMDA,
- 33% of the loans were refinancings and 54% were purchases. HMDA,
- The most common property size was 5 to 24 units, with 25 loans. HMDA,
- Its loans were most often in Stearns County, MN (4), Winona County, MN (4) and Hennepin County, MN (3). HMDA,
What we don't know
- Whether Minnwest Bank is taking new multifamily loans today.
- Its minimum or maximum loan, its fees and its other terms. HMDA reports the rate, term and loan to value, and this page shows what it reports.
- Loans on office, retail, industrial or hotel property. HMDA covers dwelling-secured loans only.
Place is a county only where the public file holds 5 or more multifamily loans of that year there, otherwise the metro area or the state. Amounts are rounded to 2 significant figures and HMDA has a year, never a date.
HMDA covers dwelling-secured loans. Manufactured-home parks are left out of every count.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.