Berkadia Commercial Mortgage · Minnesota · 2025

Berkadia Commercial Mortgage in Minnesota: approval rate, denial rate and rates (2025)

Berkadia Commercial Mortgage took 7 mortgage applications in Minnesota in 2025, ranking #506 of 870 lenders active in the state. It originated 100.0% of them and denied 0.0% (0.0% of the applications it decided), against a statewide denial rate of 13.6%.

7Applicationsin MN
0.0%Decision denial ratestate 16.4%
5.26%Median ratestate 6.63%
$26,605,000Median loanstate $215,000
$241MVolume0 counties

Berkadia Commercial Mortgage in Minnesota vs the state

0.0%Denial rate-13.60 pts vs state
0.0%Decision denial rate-16.35 pts vs state
100.0%Origination rate+33.63 pts vs state
5.26%Median rate-1.37 pts vs state
152.00Rate spread (pts)+151.75 pts vs state
Median applicant income
7Loans originated
0Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023880.0%4.92%#475
2024660.0%4.91%#495
2025770.0%5.26%#506

What Berkadia Commercial Mortgage lends in Minnesota

By loan purpose

Refinance 3 43% · 0.0% denied
Other / HELOC 4 57% · 0.0% denied

By loan type

Conventional 7 100% · 0.0% denied

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: 7 applications in 2025, of which 7 were originated and 0 denied.

0.0% of all applications, or 0.0% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Berkadia Commercial Mortgage originated in Minnesota in 2025 was 5.26%, against a statewide median of 6.63%.

About this data. Figures are Berkadia Commercial 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