Bridgewater Bank in Minnesota vs the state
3.4%Denial rate-10.16 pts vs state
4.6%Decision denial rate-11.80 pts vs state
68.4%Origination rate+2.07 pts vs state
—Median rate
—Rate spread (pts)
$225kMedian applicant income
219Loans originated
11Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 275 | 220 | 1.5% | — | #102 |
| 2024 | 224 | 164 | 3.1% | — | #119 |
| 2025 | 320 | 219 | 3.4% | — | #110 |
What Bridgewater Bank lends in Minnesota
By loan purpose
By loan type
Where in Minnesota
Counties with the most Bridgewater Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 161 | 112 | 5 | 3.1% |
| Ramsey County | 48 | 32 | 2 | 4.2% |
| Dakota County | 25 | 19 | 3 | 12.0% |
| Washington County | 17 | 14 | 0 | 0.0% |
| Anoka County | 15 | 12 | 0 | 0.0% |
| Scott County | 11 | 7 | 0 | 0.0% |
| Olmsted County | 6 | 0 | 0 | 0.0% |
| Carver County | 5 | 4 | 0 | 0.0% |
| Aitkin County | 3 | 2 | 0 | 0.0% |
| McLeod County | 3 | 0 | 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: 320 applications in 2025, of which 219 were originated and 11 denied.
3.4% of all applications, or 4.6% 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 Bridgewater 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