American Pacific Mortgage in Minnesota vs the state
10.2%Denial rate-3.43 pts vs state
12.1%Decision denial rate-4.23 pts vs state
73.7%Origination rate+7.36 pts vs state
6.75%Median rate+0.13 pts vs state
0.63Rate spread (pts)+0.38 pts vs state
$96kMedian applicant income
261Loans originated
36Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 490 | 379 | 8.0% | 6.88% | #70 |
| 2024 | 468 | 366 | 7.3% | 6.88% | #81 |
| 2025 | 354 | 261 | 10.2% | 6.75% | #100 |
What American Pacific Mortgage lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most American Pacific Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 59 | 42 | 8 | 13.6% |
| St. Louis County | 53 | 35 | 4 | 7.5% |
| Ramsey County | 29 | 25 | 1 | 3.4% |
| Anoka County | 20 | 17 | 2 | 10.0% |
| Carlton County | 19 | 15 | 3 | 15.8% |
| Washington County | 18 | 15 | 2 | 11.1% |
| Crow Wing County | 16 | 11 | 2 | 12.5% |
| Beltrami County | 15 | 11 | 1 | 6.7% |
| Dakota County | 15 | 11 | 1 | 6.7% |
| Sherburne County | 13 | 10 | 0 | 0.0% |
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: 354 applications in 2025, of which 261 were originated and 36 denied.
10.2% of all applications, or 12.1% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans American Pacific Mortgage originated in Minnesota in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are American Pacific 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