A&D Mortgage · Minnesota · 2025

A&D Mortgage in Minnesota: approval rate, denial rate and rates (2025)

A&D Mortgage took 330 mortgage applications in Minnesota in 2025, ranking #109 of 870 lenders active in the state. It originated 80.9% of them and denied 3.0% (3.6% of the applications it decided), against a statewide denial rate of 13.6%.

330Applicationsin MN
3.6%Decision denial ratestate 16.4%
6.49%Median ratestate 6.63%
$350,000Median loanstate $215,000
$103MVolume47 counties

A&D Mortgage in Minnesota vs the state

3.0%Denial rate-10.57 pts vs state
3.6%Decision denial rate-12.77 pts vs state
80.9%Origination rate+14.54 pts vs state
6.49%Median rate-0.13 pts vs state
0.11Rate spread (pts)-0.14 pts vs state
$128kMedian applicant income
267Loans originated
10Denied

What A&D Mortgage lends in Minnesota

By loan purpose

Home purchase 229 69% · 3.1% denied
Refinance 78 24% · 1.3% denied
Cash-out refinance 23 7% · 8.7% denied

By loan type

Conventional 317 96% · 3.2% denied
FHA 9 3% · 0.0% denied
VA 4 1% · 0.0% denied

Why it denied Minnesota applicants

Debt-to-income ratio 4 40%
Collateral 4 40%
Other 2 20%

Where in Minnesota

Counties with the most A&D Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 84700 0.0%
Dakota County 27191 3.7%
Anoka County 19142 10.5%
Scott County 19181 5.3%
Wright County 18131 5.6%
Ramsey County 17131 5.9%
Carver County 16131 6.3%
Washington County 15141 6.7%
Kandiyohi County 13130 0.0%
Sherburne County 12120 0.0%

Other large lenders in Minnesota

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 8,69410.6%6.38%
U.S. BankD 8,62430.4%7.88%
Bell BankA 7,9875.3%6.63%
Rocket MortgageC 7,63016.3%6.63%
Trustone Financial Credit UnionC 6,06620.0%7.25%
Affinity PlusC 5,43814.6%6.63%
Blaze Credit UnionB 4,07412.3%6.38%
Wings Financial Credit UnionA 3,96016.4%7.25%
Crosscountry MortgageB 3,9422.1%6.63%
Fairway Independent MortgageB 3,3273.2%6.75%

Frequently asked questions

Minnesota: 330 applications in 2025, of which 267 were originated and 10 denied.

3.0% of all applications, or 3.6% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans A&D Mortgage originated in Minnesota in 2025 was 6.49%, against a statewide median of 6.63%.

About this data. Figures are A&D 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