Alliant Credit Union · Minnesota · 2025

Alliant Credit Union in Minnesota: approval rate, denial rate and rates (2025)

Alliant Credit Union took 143 mortgage applications in Minnesota in 2025, ranking #165 of 870 lenders active in the state. It originated 58.0% of them and denied 28.0% (32.0% of the applications it decided), against a statewide denial rate of 13.6%.

143Applicationsin MN
32.0%Decision denial ratestate 16.4%
7.75%Median ratestate 6.63%
$155,000Median loanstate $215,000
$21MVolume24 counties

Alliant Credit Union in Minnesota vs the state

28.0%Denial rate+14.37 pts vs state
32.0%Decision denial rate+15.65 pts vs state
58.0%Origination rate-8.33 pts vs state
7.75%Median rate+1.13 pts vs state
-0.07Rate spread (pts)-0.32 pts vs state
$130kMedian applicant income
83Loans originated
40Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023943753.2%9.75%#190
2024813834.6%6.50%#215
20251438328.0%7.75%#165

What Alliant Credit Union lends in Minnesota

By loan purpose

Home purchase 42 29% · 7.1% denied
Refinance 23 16% · 26.1% denied
Cash-out refinance 3 2% · 0.0% denied
Home improvement 51 36% · 41.2% denied
Other / HELOC 24 17% · 41.7% denied

By loan type

Conventional 141 99% · 28.4% denied
FHA 2 1% · 0.0% denied

Why it denied Minnesota applicants

Debt-to-income ratio 17 43%
Incomplete application 12 30%
Collateral 6 15%
Credit history 4 10%
Other 1 3%

Where in Minnesota

Counties with the most Alliant Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 573513 22.8%
Ramsey County 1567 46.7%
Washington County 1238 66.7%
Anoka County 1072 20.0%
Scott County 750 0.0%
Dakota County 750 0.0%
Carver County 440 0.0%
Sherburne County 422 50.0%
St. Louis County 320 0.0%
Crow Wing County 321 33.3%

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: 143 applications in 2025, of which 83 were originated and 40 denied.

28.0% of all applications, or 32.0% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Alliant Credit Union originated in Minnesota in 2025 was 7.75%, against a statewide median of 6.63%.

About this data. Figures are Alliant Credit Union'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