American Heritage National Bank · Minnesota · 2025

American Heritage National Bank in Minnesota: approval rate, denial rate and rates (2025)

American Heritage National Bank took 67 mortgage applications in Minnesota in 2025, ranking #253 of 870 lenders active in the state. It originated 94.0% of them and denied 4.5% (4.5% of the applications it decided), against a statewide denial rate of 13.6%.

67Applicationsin MN
4.5%Decision denial ratestate 16.4%
Median ratestate 6.63%
$315,000Median loanstate $215,000
$25MVolume18 counties

American Heritage National Bank in Minnesota vs the state

4.5%Denial rate-9.12 pts vs state
4.5%Decision denial rate-11.87 pts vs state
94.0%Origination rate+27.66 pts vs state
Median rate
Rate spread (pts)
$154kMedian applicant income
63Loans originated
3Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231111010.9%#173
202494873.2%#197
202567634.5%#253

What American Heritage National Bank lends in Minnesota

By loan purpose

Home purchase 49 73% · 4.1% denied
Refinance 9 13% · 11.1% denied
Home improvement 8 12% · 0.0% denied
Other / HELOC 1 1% · 0.0% denied

By loan type

Conventional 67 100% · 4.5% denied

Why it denied Minnesota applicants

Debt-to-income ratio 3 100%

Where in Minnesota

Counties with the most American Heritage National Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Stearns County 26241 3.8%
Todd County 871 12.5%
Benton County 660 0.0%
Sherburne County 440 0.0%
Morrison County 321 33.3%
Wright County 330 0.0%
Douglas County 330 0.0%
Hennepin County 330 0.0%
Mille Lacs County 220 0.0%
Cass County 110 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: 67 applications in 2025, of which 63 were originated and 3 denied.

4.5% of all applications, or 4.5% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are American Heritage National Bank'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