American Heritage Lending in Minnesota vs the state
8.3%Denial rate-5.27 pts vs state
14.3%Decision denial rate-2.06 pts vs state
50.0%Origination rate-16.37 pts vs state
7.88%Median rate+1.25 pts vs state
1.62Rate spread (pts)+1.37 pts vs state
$189kMedian applicant income
6Loans originated
1Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 9 | 1 | 11.1% | 12.50% | #460 |
| 2024 | 14 | 6 | 0.0% | 8.94% | #416 |
| 2025 | 12 | 6 | 8.3% | 7.88% | #443 |
What American Heritage Lending lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most American Heritage Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 4 | 0 | 0 | 0.0% |
| Dakota County | 3 | 3 | 0 | 0.0% |
| St. Louis County | 2 | 2 | 0 | 0.0% |
| Ramsey County | 1 | 1 | 0 | 0.0% |
| Scott County | 1 | 0 | 0 | 0.0% |
| Crow Wing County | 1 | 0 | 1 | 100.0% |
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: 12 applications in 2025, of which 6 were originated and 1 denied.
8.3% of all applications, or 14.3% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans American Heritage Lending originated in Minnesota in 2025 was 7.88%, against a statewide median of 6.63%.
About this data. Figures are American Heritage Lending'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