Bethpage Federal Credit Union · Minnesota · 2025

Bethpage Federal Credit Union in Minnesota: approval rate, denial rate and rates (2025)

Bethpage Federal Credit Union took 90 mortgage applications in Minnesota in 2025, ranking #220 of 870 lenders active in the state. It originated 37.8% of them and denied 46.7% (55.3% of the applications it decided), against a statewide denial rate of 13.6%.

90Applicationsin MN
55.3%Decision denial ratestate 16.4%
7.25%Median ratestate 6.63%
$95,000Median loanstate $215,000
$6.2MVolume21 counties

Bethpage Federal Credit Union in Minnesota vs the state

46.7%Denial rate+33.07 pts vs state
55.3%Decision denial rate+38.91 pts vs state
37.8%Origination rate-28.59 pts vs state
7.25%Median rate+0.62 pts vs state
0.17Rate spread (pts)-0.09 pts vs state
$139kMedian applicant income
34Loans originated
42Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023652943.1%8.50%#237
2024965230.2%6.99%#194
2025903446.7%7.25%#220

What Bethpage Federal Credit Union lends in Minnesota

By loan purpose

Refinance 13 14% · 38.5% denied
Cash-out refinance 2 2% · 50.0% denied
Home improvement 46 51% · 50.0% denied
Other / HELOC 29 32% · 44.8% denied

By loan type

Conventional 90 100% · 46.7% denied

Why it denied Minnesota applicants

Credit history 14 33%
Debt-to-income ratio 12 29%
Incomplete application 7 17%
Collateral 5 12%
Unverifiable information 4 10%

Where in Minnesota

Counties with the most Bethpage Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 331312 36.4%
Dakota County 622 33.3%
Ramsey County 523 60.0%
Anoka County 522 40.0%
Scott County 523 60.0%
Carver County 531 20.0%
Wright County 514 80.0%
Sherburne County 404 100.0%
Washington County 431 25.0%
Stearns County 321 33.3%

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: 90 applications in 2025, of which 34 were originated and 42 denied.

46.7% of all applications, or 55.3% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Bethpage Federal Credit Union originated in Minnesota in 2025 was 7.25%, against a statewide median of 6.63%.

About this data. Figures are Bethpage Federal Credit Union'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