Choice Financial Group in Minnesota vs the state
4.9%Denial rate-8.75 pts vs state
5.4%Decision denial rate-10.92 pts vs state
82.5%Origination rate+16.15 pts vs state
6.63%Median rate0.00 pts vs state
0.07Rate spread (pts)-0.18 pts vs state
$170kMedian applicant income
85Loans originated
5Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 100 | 87 | 2.0% | 6.42% | #187 |
| 2024 | 86 | 73 | 1.2% | 6.75% | #207 |
| 2025 | 103 | 85 | 4.9% | 6.63% | #201 |
What Choice Financial Group lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Choice Financial Group applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Clay County | 28 | 24 | 3 | 10.7% |
| Hennepin County | 16 | 12 | 0 | 0.0% |
| Otter Tail County | 9 | 7 | 0 | 0.0% |
| Ramsey County | 6 | 6 | 0 | 0.0% |
| Scott County | 6 | 6 | 0 | 0.0% |
| Becker County | 5 | 4 | 0 | 0.0% |
| Polk County | 5 | 4 | 0 | 0.0% |
| Douglas County | 3 | 3 | 0 | 0.0% |
| Dakota County | 3 | 3 | 0 | 0.0% |
| Washington County | 3 | 0 | 1 | 33.3% |
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: 103 applications in 2025, of which 85 were originated and 5 denied.
4.9% of all applications, or 5.4% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Choice Financial Group originated in Minnesota in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Choice Financial Group'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