County · MN
Multifamily lenders in Stearns County, MN
22 lenders made 57 multifamily loans in Stearns County, MN in 2024 and 2025, $213.7M in all. American Heritage National Bank made the most, with 11. The typical loan was about $840K. The county is part of the St. Cloud, MN metro area.
- Evidence
- Multifamily loans placed in the county, HMDA
- Data as of
- HMDA 2025
- Page last changed
- November 11, 2026
- Lenders on record
- 22
- HMDA,
- Multifamily loans, 2024-25
- 57
- HMDA,
- Manufactured-home parks excluded
- Dollars
- $214M
- HMDA,
- Typical loan
- $840K
- HMDA,
Cite this
Source: The Lender Report, Multifamily lenders in Stearns County, MN, https://lender.report/lenders-in/minnesota/stearns-county/, data as of December 31, 2025.
Describe a deal in Stearns County, MN
See which of these lenders made loans like yours, at your size and in your place. No account and no form.
Show multifamily loans in Stearns County, MNOn this list? Find your page
| Lender | Kind | Based in | Loans | Dollars | 2025 loans | 2024 loans | Typical loan |
|---|---|---|---|---|---|---|---|
| American Heritage National Bank multifamily record | Bank | Long Prairie, MN | 11 | $6.94M | 2 | 9 | $600K |
| Sentry Bank multifamily record | Bank | Saint Joseph, MN | 10 | $16.2M | 8 | 2 | $1.7M |
| CBRE Multifamily Capital, Inc. multifamily record | Non-bank | Houston, TX | 4 | $78.6M | 4 | 0 | $24M |
| Magnifi Financial Credit Union multifamily record | Credit union | Melrose, MN | 4 | $23.5M | 0 | 4 | $1M |
| Minnwest Bank multifamily record | Bank | Redwood Falls, MN | 4 | $5.84M | 1 | 3 | $660K |
| Royal Credit Union multifamily record | Credit union | Eau Claire, WI | 2 | $2.14M | 2 | 0 | $1.3M |
| Falcon National Bank multifamily record | Bank | Foley, MN | 1 | $20.0M | 1 | 0 | $20M |
| Old National Bank multifamily record | Bank | Evansville, IN | 1 | $19.0M | 1 | 0 | $19M |
| Walker & Dunlop, LLC multifamily record | Non-bank | Bethesda, MD | 1 | $7.80M | 0 | 1 | $7.8M |
| Colliers Mortgage LLC multifamily record | Non-bank | Minneapolis, MN | 1 | $6.50M | 1 | 0 | $6.5M |
| Deerwood Bank | Bank | Waite Park, MN | 1 | $6.00M | 1 | 0 | $6M |
| West Bank multifamily record | Bank | West Des Moines, IA | 1 | $3.90M | 1 | 0 | $3.9M |
| First Resource Bank multifamily record | Bank | Lino Lakes, MN | 1 | $3.30M | 0 | 1 | $3.3M |
| Sunrise Banks, National Association multifamily record | Bank | Sioux Falls, SD | 1 | $2.70M | 0 | 1 | $2.7M |
| Lake Central Bank | Bank | Annandale, MN | 1 | $2.10M | 0 | 1 | $2.1M |
| JPMorgan Chase Bank, National Association multifamily record | Bank | Columbus, OH | 1 | $1.90M | 1 | 0 | $1.9M |
| First International Bank & Trust multifamily record | Bank | Watford City, ND | 1 | $1.70M | 0 | 1 | $1.7M |
| Minnesota National Bank multifamily record | Bank | Sauk Centre, MN | 1 | $840K | 1 | 0 | $840K |
| Baxter Credit Union multifamily record | Credit union | Vernon Hills, IL | 1 | $520K | 0 | 1 | $520K |
| American National Bank of Minnesota multifamily record | Bank | Baxter, MN | 1 | $460K | 0 | 1 | $460K |
| Granite Bank multifamily record | Bank | Cold Spring, MN | 1 | $280K | 0 | 1 | $280K |
| Unity Bank | Bank | Augusta, WI | 1 | $240K | 1 | 0 | $240K |
| Loan size | Loans | Lenders |
|---|---|---|
| Under $1M | 30 | 10 |
| $1M to $2.5M | 11 | 7 |
| $2.5M to $5M | 6 | 5 |
| $5M to $10M | 4 | 4 |
| $10M or more | 6 | 4 |
- Lenders made 57 multifamily loans totaling $213.7M in Stearns County, MN in 2024 and 2025. HMDA,
- 6 of these loans were made by lenders that have since merged or closed. They are counted in the totals here and appear in no lender's row. HMDA,
- 27 of the loans were made in 2025 and 30 in 2024. HMDA,
- The typical loan in Stearns County, MN was about $840K, with the middle half between $500K and $3.3M. HMDA,
- 30 of the loans were under $1M, and 10 were $5M or more. HMDA,
- Lenders reported a median rate of 6.50% on 26 loans in Stearns County, MN, with the middle half between 5.68% and 7.25%. HMDA,
- The median term was 7 years. HMDA,
- The median loan to value was 75%. HMDA,
- 18% of the loans were refinancings and 73% were purchases. HMDA,
- Banks and savings institutions made 38 of the loans, credit unions 7, and non-banks 6. HMDA,
- The five most active lenders made 57.9% of the loans. HMDA,
- The three most active lenders were American Heritage National Bank with 11, Sentry Bank with 10, and CBRE Multifamily Capital, Inc. with 4. HMDA,
- 12 of the 22 lenders are based in Minnesota. The rest are based elsewhere, most often in Wisconsin, Iowa and Illinois. HMDA,
- The most common property size was 5 to 24 units, with 31 loans. HMDA,
- Stearns County, MN is part of the St. Cloud, MN metro area, which has its own page. OMB metro list,
How this list is defined
- Measure
- Multifamily loans made in Stearns County, MN
- Period
- 2024 and 2025
- Formula
- Count, by lender, of HMDA records for multifamily dwellings of 5 or more units placed in the county, manufactured-home parks excluded, for each year in which the public file holds 5 or more such loans in the county.
- Order
- Largest first by loans recorded in the place, then dollars, then name. Payment is not part of the order.
- As of
- 2025
- Source
- HMDA
- Changelog
- : First published, with the data built on this date.
What we don't know
- Whether any of these lenders is taking new loans today.
- What they charge or require beyond the rate and term that HMDA reports.
- Loans on office, retail, industrial or hotel property. HMDA covers dwelling-secured loans only.
A metro area or county is named for a year only when the public file holds 5 or more multifamily loans there that year, so a small place is never exposed by a count.
SBA loans are on record by state only, so this page has no SBA figures for the county. The state pages carry them.
HMDA covers dwelling-secured loans. Amounts are the midpoints of $10,000 bands, and each loan has a year, never a date.
Lenders that merged or stopped filing are left out.
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.