Metro area · MN
Lenders in St. Cloud, MN
30 lenders made 75 multifamily loans in the St. Cloud, MN metro area in 2024 and 2025, $268M in all. American Heritage National Bank made the most, with 12. The typical loan was about $920K.
- Evidence
- Multifamily loans placed in the metro area, HMDA
- Data as of
- HMDA 2025
- Page last changed
- November 11, 2026
- Lenders on record
- 30
- HMDA,
- Multifamily loans, 2024-25
- 75
- HMDA,
- Manufactured-home parks excluded
- Dollars
- $268M
- HMDA,
- Typical loan
- $920K
- HMDA,
Cite this
Source: The Lender Report, Lenders in St. Cloud, MN, https://lender.report/lenders-in/st-cloud-mn/, data as of December 31, 2025.
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This page lists who has made multifamily loans here. Loan Comps shows who has made a loan like yours, with the loans to prove it.
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| Lender | Kind | Based in | Loans | Dollars | 2025 loans | 2024 loans |
|---|---|---|---|---|---|---|
| American Heritage National Bank multifamily record | Bank | Long Prairie, MN | 12 | $7.44M | 3 | 9 |
| Sentry Bank multifamily record | Bank | Saint Joseph, MN | 10 | $16.2M | 8 | 2 |
| Minnwest Bank multifamily record | Bank | Redwood Falls, MN | 5 | $6.72M | 2 | 3 |
| CBRE Multifamily Capital, Inc. multifamily record | Non-bank | Houston, TX | 4 | $78.6M | 4 | 0 |
| Magnifi Financial Credit Union multifamily record | Credit union | Melrose, MN | 4 | $23.5M | 0 | 4 |
| Falcon National Bank multifamily record | Bank | Foley, MN | 4 | $23.4M | 4 | 0 |
| West Bank multifamily record | Bank | West Des Moines, IA | 3 | $5.04M | 2 | 1 |
| Berkadia Commercial Mortgage multifamily record | Non-bank | Ambler, PA | 2 | $29.0M | 1 | 1 |
| National Bank of Commerce multifamily record | Bank | Superior, WI | 2 | $7.80M | 2 | 0 |
| Royal Credit Union multifamily record | Credit union | Eau Claire, WI | 2 | $2.14M | 2 | 0 |
| Old National Bank multifamily record | Bank | Evansville, IN | 1 | $19.0M | 1 | 0 |
| Walker & Dunlop, LLC multifamily record | Non-bank | Bethesda, MD | 1 | $7.80M | 0 | 1 |
| Colliers Mortgage LLC multifamily record | Non-bank | Minneapolis, MN | 1 | $6.50M | 1 | 0 |
| Deerwood Bank | Bank | Waite Park, MN | 1 | $6.00M | 1 | 0 |
| Blaze Credit Union multifamily record | Credit union | Falcon Heights, MN | 1 | $3.40M | 1 | 0 |
| County | Loans | Dollars | Lenders |
|---|---|---|---|
| Stearns County, MN | 57 | $215M | 22 |
| Benton County, MN | 16 | $25.9M | 11 |
A county is listed for a year only when the public file holds 5 or more multifamily loans there that year.
| Loan size | Loans |
|---|---|
| Under $1M | 39 |
| $1M to $2.5M | 14 |
| $2.5M to $5M | 10 |
| $5M to $10M | 4 |
| $10M or more | 8 |
- Lenders made 75 multifamily loans totaling $268M in St. Cloud, MN in 2024 and 2025. HMDA,
- 7 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,
- 39 of the loans were made in 2025 and 36 in 2024. HMDA,
- The typical loan in St. Cloud, MN was about $920K, with the middle half between $520K and $3.4M. HMDA,
- 39 of the loans were under $1M, and 12 were $5M or more. HMDA,
- Lenders reported a median rate of 6.48% on 34 loans in St. Cloud, MN, with the middle half between 5.65% and 7.00%. HMDA,
- The median term was 5 years. HMDA,
- The median loan to value was 75%. HMDA,
- 23% of the loans were refinancings and 69% were purchases. HMDA,
- Banks and savings institutions made 52 of the loans, credit unions 8, and non-banks 8. HMDA,
- The five most active lenders made 46.7% of the loans. HMDA,
- The three most active lenders were American Heritage National Bank with 12, Sentry Bank with 10, and Minnwest Bank with 5. HMDA,
- 16 of the 30 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 39 loans. HMDA,
- 2 counties in the metro area have loans on record, and Stearns County, MN has the most, with 57. HMDA,
How this list is defined
- Measure
- Multifamily loans made in the St. Cloud, MN metro area
- Period
- 2024 and 2025
- Formula
- Count, by lender, of HMDA records for multifamily dwellings of 5 or more units placed in the metro area, manufactured-home parks excluded, for each year in which the public file holds 5 or more such loans there.
- 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.
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.