Allied First Bank,sb · Minnesota · 2025

Allied First Bank,sb in Minnesota: approval rate, denial rate and rates (2025)

Allied First Bank,sb took 34 mortgage applications in Minnesota in 2025, ranking #330 of 870 lenders active in the state. It originated 8.8% of them and denied 17.7% (66.7% of the applications it decided), against a statewide denial rate of 13.6%.

34Applicationsin MN
66.7%Decision denial ratestate 16.4%
3.00%Median ratestate 6.63%
$265,000Median loanstate $215,000
$865kVolume21 counties

Allied First Bank,sb in Minnesota vs the state

17.7%Denial rate+4.05 pts vs state
66.7%Decision denial rate+50.32 pts vs state
8.8%Origination rate-57.55 pts vs state
3.00%Median rate-3.63 pts vs state
Rate spread (pts)
$91kMedian applicant income
3Loans originated
6Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
202311072.7%#440
202419226.3%2.50%#386
202534317.7%3.00%#330

What Allied First Bank,sb lends in Minnesota

By loan purpose

Home purchase 2 6% · 0.0% denied
Refinance 2 6% · 0.0% denied
Cash-out refinance 30 88% · 20.0% denied

By loan type

Conventional 1 3% · 0.0% denied
FHA 7 21% · 28.6% denied
VA 26 76% · 15.4% denied

Why it denied Minnesota applicants

Debt-to-income ratio 2 33%
Insufficient cash 2 33%
Credit history 1 17%
Other 1 17%

Where in Minnesota

Counties with the most Allied First Bank,sb applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Anoka County 501 20.0%
Chisago County 301 33.3%
St. Louis County 301 33.3%
Morrison County 201 50.0%
Clay County 200 0.0%
Aitkin County 200 0.0%
Hennepin County 200 0.0%
Ramsey County 200 0.0%
Crow Wing County 100 0.0%
Benton County 100 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: 34 applications in 2025, of which 3 were originated and 6 denied.

17.7% of all applications, or 66.7% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Allied First Bank,sb originated in Minnesota in 2025 was 3.00%, against a statewide median of 6.63%.

About this data. Figures are Allied First Bank,sb'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