American Financial Network in Minnesota vs the state
14.3%Denial rate+0.69 pts vs state
21.7%Decision denial rate+5.34 pts vs state
50.8%Origination rate-15.58 pts vs state
6.88%Median rate+0.25 pts vs state
0.86Rate spread (pts)+0.61 pts vs state
$82kMedian applicant income
64Loans originated
18Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 131 | 64 | 9.2% | 6.75% | #154 |
| 2024 | 153 | 103 | 4.6% | 6.63% | #148 |
| 2025 | 126 | 64 | 14.3% | 6.88% | #179 |
What American Financial Network lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most American Financial Network applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 31 | 15 | 4 | 12.9% |
| Ramsey County | 21 | 15 | 0 | 0.0% |
| Anoka County | 10 | 5 | 2 | 20.0% |
| Dakota County | 8 | 1 | 0 | 0.0% |
| Wright County | 5 | 2 | 2 | 40.0% |
| Olmsted County | 5 | 3 | 1 | 20.0% |
| Faribault County | 4 | 1 | 3 | 75.0% |
| Sherburne County | 4 | 3 | 0 | 0.0% |
| Washington County | 4 | 2 | 1 | 25.0% |
| Scott County | 3 | 0 | 1 | 33.3% |
Other large lenders in Minnesota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 8,694 | 10.6% | 6.38% |
| U.S. Bank | D | 8,624 | 30.4% | 7.88% |
| Bell Bank | A | 7,987 | 5.3% | 6.63% |
| Rocket Mortgage | C | 7,630 | 16.3% | 6.63% |
| Trustone Financial Credit Union | C | 6,066 | 20.0% | 7.25% |
| Affinity Plus | C | 5,438 | 14.6% | 6.63% |
| Blaze Credit Union | B | 4,074 | 12.3% | 6.38% |
| Wings Financial Credit Union | A | 3,960 | 16.4% | 7.25% |
| Crosscountry Mortgage | B | 3,942 | 2.1% | 6.63% |
| Fairway Independent Mortgage | B | 3,327 | 3.2% | 6.75% |
Frequently asked questions
Minnesota: 126 applications in 2025, of which 64 were originated and 18 denied.
14.3% of all applications, or 21.7% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans American Financial Network originated in Minnesota in 2025 was 6.88%, against a statewide median of 6.63%.
About this data. Figures are American Financial Network'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