Frandsen Bank & Trust
236th of 889 lenders by loans funded, 20241
Short‑term investment‑property lender, active across Minnesota and Wisconsin.
- Source
- 2024 verified records
- Pulled
- Sep 1, 2026
- LEI
- 549300ZZZUYWXK72JD21
- Excluded
- 84 longer‑term (DSCR) loans
- Website
- Not yet verified
- Claim
- Work here? Claim this profile
Loans funded242024, terms of 36 months or less
Principal originated$5M2024, at origination
Median note rate29.00%2 counties reporting
Counties152 states
Where the money went
Minnesota carried 91.7% of the year's loans. Every county with activity is in the ledger below.
Every county
Ranked by loans funded in 2024. Each links to the county's full lender directory.
| # | County | Loans | Median rate2 | |
|---|---|---|---|---|
| 01 | St. Louis County, MN | 5 | 9.00% | |
| 02 | Goodhue County, MN | 4 | 8.25% | |
| 03 | Hennepin County, MN | 2 | — | |
| 04 | Olmsted County, MN | 2 | — | |
| 05 | Anoka County, MN | 1 | — | |
| 06 | Brown County, MN | 1 | — | |
| 07 | Carlton County, MN | 1 | — | |
| 08 | Dakota County, MN | 1 | — | |
| 09 | Douglas County, WI | 1 | — | |
| 10 | Le Sueur County, MN | 1 | — | |
| 11 | Nicollet County, MN | 1 | — | |
| 12 | Polk County, WI | 1 | — | |
| 13 | Scott County, MN | 1 | — | |
| 14 | Stearns County, MN | 1 | — | |
| 15 | Steele County, MN | 1 | — | |
| Total | 24 | 9.00%lender median |
- 1Loans are originated, business-purpose loans on investment properties with terms of 36 months or less, from 2024 verified public lending records. Counts are per county of the secured property; activity below public reporting thresholds may not appear. Ranking is by loans funded among every lender on record; it is not an endorsement, and placement is never paid.
- 2Rates are per-county medians of disclosed note rates; the lender-wide figure is the median of those. “vs. lender” is the county median less the lender median, in percentage points; differences under 0.25 points are set in grey.