Alliance Bank · Minnesota · 2025

Alliance Bank in Minnesota: approval rate, denial rate and rates (2025)

Alliance Bank took 114 mortgage applications in Minnesota in 2025, ranking #189 of 870 lenders active in the state. It originated 67.5% of them and denied 8.8% (11.5% of the applications it decided), against a statewide denial rate of 13.6%.

114Applicationsin MN
11.5%Decision denial ratestate 16.4%
Median ratestate 6.63%
$205,000Median loanstate $215,000
$18MVolume21 counties

Alliance Bank in Minnesota vs the state

8.8%Denial rate-4.83 pts vs state
11.5%Decision denial rate-4.86 pts vs state
67.5%Origination rate+1.17 pts vs state
Median rate
Rate spread (pts)
$110kMedian applicant income
77Loans originated
10Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023120887.5%#165
2024114795.3%#174
2025114778.8%#189

What Alliance Bank lends in Minnesota

By loan purpose

Home purchase 70 61% · 11.4% denied
Refinance 29 25% · 6.9% denied
Cash-out refinance 1 1% · 0.0% denied
Home improvement 3 3% · 0.0% denied
Other / HELOC 11 10% · 0.0% denied

By loan type

Conventional 114 100% · 8.8% denied

Where in Minnesota

Counties with the most Alliance Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Brown County 32201 3.1%
Goodhue County 1291 8.3%
Wabasha County 1172 18.2%
Nicollet County 861 12.5%
Blue Earth County 861 12.5%
Watonwan County 852 25.0%
Dakota County 760 0.0%
Ramsey County 742 28.6%
Anoka County 430 0.0%
Hennepin County 420 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: 114 applications in 2025, of which 77 were originated and 10 denied.

8.8% of all applications, or 11.5% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Alliance Bank'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