Bremer Bank in Minnesota vs the state
13.1%Denial rate-0.51 pts vs state
14.6%Decision denial rate-1.75 pts vs state
76.4%Origination rate+10.00 pts vs state
7.38%Median rate+0.75 pts vs state
-0.26Rate spread (pts)-0.52 pts vs state
$113kMedian applicant income
391Loans originated
67Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,077 | 1,650 | 7.4% | 7.25% | #17 |
| 2024 | 1,845 | 1,434 | 11.0% | 7.38% | #21 |
| 2025 | 512 | 391 | 13.1% | 7.38% | #80 |
What Bremer Bank lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Bremer Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 63 | 46 | 9 | 14.3% |
| Olmsted County | 41 | 31 | 7 | 17.1% |
| Douglas County | 28 | 21 | 4 | 14.3% |
| Stearns County | 26 | 22 | 2 | 7.7% |
| Kandiyohi County | 26 | 21 | 5 | 19.2% |
| Otter Tail County | 22 | 20 | 1 | 4.5% |
| Lyon County | 19 | 13 | 2 | 10.5% |
| Polk County | 16 | 15 | 1 | 6.3% |
| Wright County | 15 | 15 | 0 | 0.0% |
| Dakota County | 15 | 10 | 3 | 20.0% |
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: 512 applications in 2025, of which 391 were originated and 67 denied.
13.1% of all applications, or 14.6% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Bremer Bank originated in Minnesota in 2025 was 7.38%, against a statewide median of 6.63%.
About this data. Figures are Bremer Bank'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