American Bank & Trust · Minnesota · 2025

American Bank & Trust in Minnesota: approval rate, denial rate and rates (2025)

American Bank & Trust took 17 mortgage applications in Minnesota in 2025, ranking #407 of 870 lenders active in the state. It originated 41.2% of them and denied 35.3% (46.2% of the applications it decided), against a statewide denial rate of 13.6%.

17Applicationsin MN
46.2%Decision denial ratestate 16.4%
6.75%Median ratestate 6.63%
$125,000Median loanstate $215,000
$2.1MVolume10 counties

American Bank & Trust in Minnesota vs the state

35.3%Denial rate+21.69 pts vs state
46.2%Decision denial rate+29.80 pts vs state
41.2%Origination rate-25.19 pts vs state
6.75%Median rate+0.13 pts vs state
0.17Rate spread (pts)-0.09 pts vs state
$65kMedian applicant income
7Loans originated
6Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023342217.7%6.44%#329
2024281725.0%6.25%#345
202517735.3%6.75%#407

What American Bank & Trust lends in Minnesota

By loan purpose

Home purchase 10 59% · 40.0% denied
Refinance 2 12% · 0.0% denied
Cash-out refinance 2 12% · 0.0% denied
Home improvement 2 12% · 50.0% denied
Other / HELOC 1 6% · 100.0% denied

By loan type

Conventional 13 76% · 30.8% denied
FHA 1 6% · 100.0% denied
USDA / RHS 3 18% · 33.3% denied

Why it denied Minnesota applicants

Credit history 5 83%
Unverifiable information 1 17%

Where in Minnesota

Counties with the most American Bank & Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Nobles County 733 42.9%
Murray County 210 0.0%
Le Sueur County 101 100.0%
Lincoln County 110 0.0%
Watonwan County 101 100.0%
Martin County 110 0.0%
St. Louis County 101 100.0%
Becker County 100 0.0%
Jackson County 110 0.0%
Pope 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: 17 applications in 2025, of which 7 were originated and 6 denied.

35.3% of all applications, or 46.2% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans American Bank & Trust originated in Minnesota in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are American Bank & Trust'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