American Financing in Minnesota vs the state
41.3%Denial rate+27.72 pts vs state
58.7%Decision denial rate+42.39 pts vs state
19.2%Origination rate-47.13 pts vs state
6.38%Median rate-0.25 pts vs state
0.30Rate spread (pts)+0.04 pts vs state
$85kMedian applicant income
61Loans originated
131Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 106 | 18 | 39.6% | 6.44% | #177 |
| 2024 | 210 | 44 | 55.7% | 5.99% | #120 |
| 2025 | 317 | 61 | 41.3% | 6.38% | #111 |
What American Financing lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most American Financing applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Dakota County | 29 | 7 | 12 | 41.4% |
| Hennepin County | 24 | 1 | 16 | 66.7% |
| Anoka County | 21 | 2 | 12 | 57.1% |
| Ramsey County | 17 | 3 | 10 | 58.8% |
| St. Louis County | 14 | 4 | 5 | 35.7% |
| Washington County | 14 | 3 | 8 | 57.1% |
| Wright County | 14 | 1 | 4 | 28.6% |
| Stearns County | 11 | 4 | 3 | 27.3% |
| Crow Wing County | 11 | 3 | 3 | 27.3% |
| Sherburne County | 10 | 1 | 5 | 50.0% |
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: 317 applications in 2025, of which 61 were originated and 131 denied.
41.3% of all applications, or 58.7% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans American Financing originated in Minnesota in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are American Financing'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