Bank Midwest in Minnesota vs the state
3.0%Denial rate-10.64 pts vs state
3.4%Decision denial rate-12.99 pts vs state
85.2%Origination rate+18.82 pts vs state
—Median rate
—Rate spread (pts)
$96kMedian applicant income
115Loans originated
4Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 136 | 91 | 14.0% | — | #148 |
| 2024 | 91 | 71 | 6.6% | — | #199 |
| 2025 | 135 | 115 | 3.0% | — | #173 |
What Bank Midwest lends in Minnesota
By loan purpose
By loan type
Where in Minnesota
Counties with the most Bank Midwest applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Brown County | 26 | 21 | 1 | 3.8% |
| Martin County | 24 | 22 | 0 | 0.0% |
| Jackson County | 22 | 18 | 1 | 4.5% |
| Cottonwood County | 20 | 17 | 0 | 0.0% |
| Nicollet County | 6 | 5 | 0 | 0.0% |
| McLeod County | 5 | 5 | 0 | 0.0% |
| Sibley County | 4 | 4 | 0 | 0.0% |
| Hennepin County | 4 | 4 | 0 | 0.0% |
| Lyon County | 2 | 1 | 1 | 50.0% |
| Waseca County | 2 | 2 | 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: 135 applications in 2025, of which 115 were originated and 4 denied.
3.0% of all applications, or 3.4% 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 Bank Midwest'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