Angel Oak Mortgage Solutions · Minnesota · 2025

Angel Oak Mortgage Solutions in Minnesota: approval rate, denial rate and rates (2025)

Angel Oak Mortgage Solutions took 71 mortgage applications in Minnesota in 2025, ranking #245 of 870 lenders active in the state. It originated 71.8% of them and denied 8.5% (10.5% of the applications it decided), against a statewide denial rate of 13.6%.

71Applicationsin MN
10.5%Decision denial ratestate 16.4%
7.37%Median ratestate 6.63%
$255,000Median loanstate $215,000
$16MVolume17 counties

Angel Oak Mortgage Solutions in Minnesota vs the state

8.5%Denial rate-5.15 pts vs state
10.5%Decision denial rate-5.82 pts vs state
71.8%Origination rate+5.46 pts vs state
7.37%Median rate+0.75 pts vs state
0.96Rate spread (pts)+0.71 pts vs state
$252kMedian applicant income
51Loans originated
6Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023653316.9%9.00%#238
2024563810.7%8.00%#252
202571518.5%7.37%#245

What Angel Oak Mortgage Solutions lends in Minnesota

By loan purpose

Home purchase 35 49% · 2.9% denied
Refinance 3 4% · 0.0% denied
Cash-out refinance 26 37% · 19.2% denied
Home improvement 7 10% · 0.0% denied

By loan type

Conventional 71 100% · 8.5% denied

Why it denied Minnesota applicants

Collateral 3 50%
Debt-to-income ratio 2 33%
Insufficient cash 1 17%

Where in Minnesota

Counties with the most Angel Oak Mortgage Solutions applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 31233 9.7%
Ramsey County 650 0.0%
Scott County 541 20.0%
Dakota County 540 0.0%
Anoka County 421 25.0%
Olmsted County 320 0.0%
Washington County 310 0.0%
Carver County 220 0.0%
Stearns County 210 0.0%
Sherburne County 220 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: 71 applications in 2025, of which 51 were originated and 6 denied.

8.5% of all applications, or 10.5% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Angel Oak Mortgage Solutions originated in Minnesota in 2025 was 7.37%, against a statewide median of 6.63%.

About this data. Figures are Angel Oak Mortgage Solutions'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