American Internet Mortgage · Minnesota · 2025

American Internet Mortgage in Minnesota: approval rate, denial rate and rates (2025)

American Internet Mortgage took 62 mortgage applications in Minnesota in 2025, ranking #263 of 870 lenders active in the state. It originated 37.1% of them and denied 12.9% (25.0% of the applications it decided), against a statewide denial rate of 13.6%.

62Applicationsin MN
25.0%Decision denial ratestate 16.4%
6.00%Median ratestate 6.63%
$250,000Median loanstate $215,000
$7.5MVolume15 counties

American Internet Mortgage in Minnesota vs the state

12.9%Denial rate-0.70 pts vs state
25.0%Decision denial rate+8.65 pts vs state
37.1%Origination rate-29.27 pts vs state
6.00%Median rate-0.63 pts vs state
-0.24Rate spread (pts)-0.49 pts vs state
$152kMedian applicant income
23Loans originated
8Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
202323913.0%6.50%#372
202427157.4%6.13%#351
2025622312.9%6.00%#263

What American Internet Mortgage lends in Minnesota

By loan purpose

Home purchase 19 31% · 0.0% denied
Refinance 27 44% · 14.8% denied
Cash-out refinance 14 23% · 21.4% denied
Home improvement 2 3% · 50.0% denied

By loan type

Conventional 62 100% · 12.9% denied

Why it denied Minnesota applicants

Debt-to-income ratio 5 63%
Credit history 2 25%
Insufficient cash 1 13%

Where in Minnesota

Counties with the most American Internet Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 2181 4.8%
Dakota County 1032 20.0%
Ramsey County 1012 20.0%
Washington County 530 0.0%
Olmsted County 430 0.0%
Scott County 211 50.0%
St. Louis County 220 0.0%
Carver County 110 0.0%
Meeker County 101 100.0%
Anoka 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: 62 applications in 2025, of which 23 were originated and 8 denied.

12.9% of all applications, or 25.0% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans American Internet Mortgage originated in Minnesota in 2025 was 6.00%, against a statewide median of 6.63%.

About this data. Figures are American Internet Mortgage'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