Citadel Servicing in Minnesota vs the state
3.2%Denial rate-10.37 pts vs state
3.9%Decision denial rate-12.50 pts vs state
48.4%Origination rate-17.98 pts vs state
8.00%Median rate+1.37 pts vs state
2.06Rate spread (pts)+1.81 pts vs state
$122kMedian applicant income
15Loans originated
1Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 52 | 27 | 1.9% | 9.13% | #269 |
| 2024 | 53 | 31 | 3.8% | 9.00% | #261 |
| 2025 | 31 | 15 | 3.2% | 8.00% | #343 |
What Citadel Servicing lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Citadel Servicing applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 9 | 5 | 0 | 0.0% |
| Dakota County | 3 | 1 | 0 | 0.0% |
| Scott County | 3 | 0 | 0 | 0.0% |
| Anoka County | 2 | 0 | 0 | 0.0% |
| Ramsey County | 2 | 1 | 0 | 0.0% |
| Cook County | 2 | 2 | 0 | 0.0% |
| Chisago County | 1 | 0 | 0 | 0.0% |
| Benton County | 1 | 1 | 0 | 0.0% |
| Crow Wing County | 1 | 1 | 0 | 0.0% |
| Olmsted County | 1 | 1 | 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: 31 applications in 2025, of which 15 were originated and 1 denied.
3.2% of all applications, or 3.9% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Citadel Servicing originated in Minnesota in 2025 was 8.00%, against a statewide median of 6.63%.
About this data. Figures are Citadel Servicing'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