2026 Construction Loan Lenders for Melrose, Minnesota

Lendersa® provides a roster of construction loan lenders in Melrose, MN, featuring regional banks, national lenders, and local hard money lenders who utilize private funds for your ground-up construction or major rehab projects.

In Melrose, MN, building a 2,000-square-foot home costs between $187,549 for basic work and $343,718 for more elaborate construction. Interest rates and terms of the construction loans vary based on factors like the borrower's financials, LTV, ARV, and the chosen lender type.

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Lendersa® uses AI technology to effectively match your loan requests with numerous construction lenders, ensuring all your financing needs are met. Discover the best construction rates to fund new builds, fix-and-flip projects, or major rehabs on both residential and commercial properties in MN.

Finding Nearby Construction Loan Lenders

To maintain your credit score, limit unnecessary inquiries. Obtain preapproval for a land loan without disclosing your social security number or any sensitive financial data.

If you're willing to pledge additional property as collateral, you might qualify for 100% LTV (Loan to Value) financing through a blanket loan.

Use the Lendersa® land loan calculator to find lenders offering vacant land loans in zip codes 56352.



Melrose Construction Loan Lenders

  • Magnifi Financial
  • 20 S 4th Avenue E, Melrose, MN, 56352
  • Lends in Minnesota
  • Magnifi Financial is a member-owned financial services cooperative headquartered in Melrose, Minnesota. Magnifi offers a full array of financial products and services including consumer checking, savings, loans, mortgages, credit cards, internet and mobile banking, retirement and financial planning services as well as business accounts and loans.

  • Central Minnesota Credit Union
  • 20 4th Ave SE, Melrose, MN, 56352
  • Lends in Minnesota
  • Central Minnesota Credit Union was built from the ground up by its members since 1939. The credit union was chartered in Melrose under the philosophy of ‘people helping people’. Every member is an owner and dividends are returned through better rates on savings and loans and lower fees.

  • First State Bank of Sauk Centre
  • 423 Main Street, Sauk Centre, MN, 56378
  • Lends in Minnesota
  • First State Bank of Sauk Centre operates as a bank. The Bank offers saving accounts, loans, debit, credit cards, insurance, investments, mortgages & online banking services. First State Bank of Sauk Centre serves clients in the State of MN. First State Bank of Sauk Centre has 25 total employees across all of its locations & generates $4.76 million.

  • Minnesota National Bank
  • 131 12th St S., Sauk Centre, MN, 56378
  • Lends in Minnesota
  • Minnesota National Bank is a vibrant & growing community bank operating in the Sauk Centre, Long Prairie & Pelican Rapids markets. Like the fatherly advice you may have received once while sitting on the end of a dock, Minnesota National Bank prides itself in getting to know customers & providing advice to help you make better financial decisions.

  • Kensington Bank
  • 321 Washburn Avenue, Belgrade, MN, 56312
  • Lends in Minnesota
  • Kensington Bank is a community bank with locations in Belgrade, Cokato, Elrosa, Herman, Kensington, Saint Cloud, and Willmar, MN. We strive to provide excellent service and growth along with our customers.

    To be a trusted partner in the financial success of our customers one relationship at a time and give back to the communities we serve.

  • Sentry Bank
  • 400 4th Ave NE, Saint Joseph, MN, 56374
  • Lends in Minnesota
  • Since 1904 we have seen the Great Depression, the Great Recssion and two world wars. We have had 19 different presidents, including 11 republicans and 8 democrats and added 5 states to the union. We've moved from silver certificates to Federal Reserve Notes and done away with the gold standard.

  • United Minnesota Bank
  • 105 Central Avenue, New London, MN, 56273
  • Lends in Minnesota
  • United Minnesota Bank is a locally owned, independent community bank that offers the same wealth of products and services as larger banks, yet provides high-quality customer service. Since our inception in 1890 as the State Bank of New London, we have served the banking needs of many families and local businesses. We have partnered with them to fos

  • The First National Bank of Osakis
  • 211-213 Central Ave, Osakis, MN, 56360
  • Lends in Minnesota
  • Since 1903, First National Bank of Osakis has served as the lead financial organization in the Osakis Area community, providing customized guidance, resources, and products (checking, savings, money markets, certificates of deposits, individual retirement accounts, health savings accounts, residential mortgage loans, commercial Mortgage loan.

  • Granite Bank
  • 202 2nd Ave S, Cold Spring, MN, 56320
  • Lends in Minnesota
  • Creative, relationship-driven banking with responsive local decisions, Granite Community Bank is a full-service commercial bank serving individuals and businesses for loans, deposits, insurance and investments throughout Minnesota. Granite Bank to help you make the decisions that are right for you and your financial goals.