21st Mortgage in Minnesota vs the state
53.2%Denial rate+39.59 pts vs state
73.9%Decision denial rate+57.57 pts vs state
18.1%Origination rate-48.27 pts vs state
10.78%Median rate+4.15 pts vs state
5.37Rate spread (pts)+5.11 pts vs state
$60kMedian applicant income
244Loans originated
717Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,333 | 236 | 47.6% | 10.44% | #27 |
| 2024 | 1,464 | 287 | 49.3% | 11.04% | #26 |
| 2025 | 1,348 | 244 | 53.2% | 10.78% | #31 |
What 21st Mortgage lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most 21st Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Dakota County | 232 | 38 | 134 | 57.8% |
| Anoka County | 155 | 27 | 76 | 49.0% |
| Wright County | 94 | 19 | 40 | 42.6% |
| Washington County | 85 | 8 | 43 | 50.6% |
| Ramsey County | 78 | 10 | 47 | 60.3% |
| Stearns County | 64 | 18 | 32 | 50.0% |
| Carver County | 57 | 7 | 39 | 68.4% |
| St. Louis County | 51 | 9 | 27 | 52.9% |
| Hennepin County | 51 | 9 | 30 | 58.8% |
| Crow Wing County | 49 | 11 | 29 | 59.2% |
Other large lenders in Minnesota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 8,694 | 10.6% | 6.38% |
| U.S. Bank | D | 8,624 | 30.4% | 7.88% |
| Bell Bank | A | 7,987 | 5.3% | 6.63% |
| Rocket Mortgage | C | 7,630 | 16.3% | 6.63% |
| Trustone Financial Credit Union | C | 6,066 | 20.0% | 7.25% |
| Affinity Plus | C | 5,438 | 14.6% | 6.63% |
| Blaze Credit Union | B | 4,074 | 12.3% | 6.38% |
| Wings Financial Credit Union | A | 3,960 | 16.4% | 7.25% |
| Crosscountry Mortgage | B | 3,942 | 2.1% | 6.63% |
| Fairway Independent Mortgage | B | 3,327 | 3.2% | 6.75% |
Frequently asked questions
Minnesota: 1,348 applications in 2025, of which 244 were originated and 717 denied.
53.2% of all applications, or 73.9% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans 21st Mortgage originated in Minnesota in 2025 was 10.78%, against a statewide median of 6.63%.
About this data. Figures are 21st Mortgage's own HMDA filing for properties located in Minnesota, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology