Blaze Credit Union · Minnesota · 2025

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

Blaze Credit Union took 4,074 mortgage applications in Minnesota in 2025, ranking #7 of 870 lenders active in the state. It originated 66.1% of them and denied 12.3% (14.3% of the applications it decided), against a statewide denial rate of 13.6%.

4.1kApplicationsin MN
14.3%Decision denial ratestate 16.4%
6.38%Median ratestate 6.63%
$105,000Median loanstate $215,000
$427MVolume65 counties

Blaze Credit Union in Minnesota vs the state

12.3%Denial rate-1.30 pts vs state
14.3%Decision denial rate-2.10 pts vs state
66.1%Origination rate-0.24 pts vs state
6.38%Median rate-0.25 pts vs state
0.17Rate spread (pts)-0.09 pts vs state
$116kMedian applicant income
2,694Loans originated
501Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,7931,61220.2%7.25%#13
20243,3452,20913.9%7.90%#10
20254,0742,69412.3%6.38%#7

What Blaze Credit Union lends in Minnesota

By loan purpose

Home purchase 668 16% · 3.6% denied
Refinance 268 7% · 9.0% denied
Cash-out refinance 739 18% · 13.4% denied
Home improvement 1,313 32% · 9.0% denied
Other / HELOC 1,086 27% · 21.7% denied

By loan type

Conventional 4,064 100% · 12.3% denied
FHA 6 0% · 16.7% denied
VA 4 0% · 0.0% denied

Why it denied Minnesota applicants

Debt-to-income ratio 288 57%
Credit history 131 26%
Collateral 53 11%
Other 19 4%
Employment history 6 1%
Insufficient cash 4 1%

Where in Minnesota

Counties with the most Blaze Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 83151997 11.7%
Ramsey County 63441683 13.1%
Anoka County 57137986 15.1%
Washington County 36925548 13.0%
Dakota County 25718026 10.1%
Sherburne County 21515624 11.2%
Wright County 19613516 8.2%
Mille Lacs County 1369317 12.5%
Kanabec County 1005815 15.0%
Pine County 986311 11.2%

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%
Wings Financial Credit UnionA 3,96016.4%7.25%
Crosscountry MortgageB 3,9422.1%6.63%
Fairway Independent MortgageB 3,3273.2%6.75%
Broker SolutionsD 3,2465.5%6.75%

Frequently asked questions

Minnesota: 4,074 applications in 2025, of which 2,694 were originated and 501 denied.

12.3% of all applications, or 14.3% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Blaze Credit Union originated in Minnesota in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Blaze 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