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Find Mortgage Brokers in Hutchinson, MN

Compare mortgage brokers in Hutchinson. Review contact information and insurance categorys before you decide.

2 agents listed
Updated May 2026
Hutchinson, MN
Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the Minnesota before hiring.
Showing 2 mortgage brokers in Hutchinson, MN Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Hometown Mortgage
239B Hassan St SE, Hutchinson, MN 55350
3202214383
Dale Gross - Summit Mortgage Corporation
85 Hassan St SE, Hutchinson, MN 55350
2182422422

Mortgage brokers in Hutchinson Minnesota help homebuyers and homeowners compare loan options from multiple lenders. They can assist with conventional loans FHA loans and USDA loans which are popular in rural areas of the state. Minnesota law requires mortgage brokers to be licensed through the Minnesota Department of Commerce and follow state regulations on loan disclosures and fees.

What Does a Mortgage Broker in Hutchinson Cost?

Mortgage broker fees in Minnesota typically range from 1% to 2% of the loan amount. For a $250,000 home this could mean $2,500 to $5,000 in broker compensation. Some brokers are paid by the lender through a yield spread premium which can reduce your upfront costs. Always ask for a written Loan Estimate that itemizes all fees. This is general information and not mortgage or financial advice.

* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.

Frequently Asked Questions

What does a mortgage broker in Hutchinson do?
A mortgage broker acts as an intermediary between you and multiple lenders. They gather your financial information shop for loan terms and help you complete the application process. In Minnesota brokers must provide a Good Faith Estimate of closing costs within three business days of application.
How do I choose a mortgage broker in Hutchinson Minnesota?
Look for a broker who is licensed with the Minnesota Department of Commerce and has experience with local property types. Ask about their fee structure and whether they work with lenders that offer Minnesota-specific programs like the Minnesota Housing Finance Agency loans.
Are there Minnesota laws that protect borrowers using a mortgage broker?
Yes Minnesota has specific laws including the Minnesota Mortgage Originator Licensing Act. Brokers must disclose all fees upfront and cannot charge excessive prepayment penalties. You also have a three day right of rescission on most refinance loans under federal law.