City First Mortgage Services · Minnesota · 2025

City First Mortgage Services in Minnesota: approval rate, denial rate and rates (2025)

City First Mortgage Services took 22 mortgage applications in Minnesota in 2025, ranking #382 of 870 lenders active in the state. It originated 81.8% of them and denied 4.6% (5.3% of the applications it decided), against a statewide denial rate of 13.6%.

22Applicationsin MN
5.3%Decision denial ratestate 16.4%
6.69%Median ratestate 6.63%
$300,000Median loanstate $215,000
$5.4MVolume11 counties

City First Mortgage Services in Minnesota vs the state

4.6%Denial rate-9.05 pts vs state
5.3%Decision denial rate-11.09 pts vs state
81.8%Origination rate+15.45 pts vs state
6.69%Median rate+0.06 pts vs state
0.58Rate spread (pts)+0.33 pts vs state
$98kMedian applicant income
18Loans originated
1Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023503710.0%7.13%#273
202459520.0%6.93%#244
202522184.6%6.69%#382

What City First Mortgage Services lends in Minnesota

By loan purpose

Home purchase 15 68% · 6.7% denied
Refinance 3 14% · 0.0% denied
Cash-out refinance 4 18% · 0.0% denied

By loan type

Conventional 15 68% · 6.7% denied
FHA 4 18% · 0.0% denied
VA 3 14% · 0.0% denied

Why it denied Minnesota applicants

Debt-to-income ratio 1 100%

Where in Minnesota

Counties with the most City First Mortgage Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 521 20.0%
Anoka County 430 0.0%
Ramsey County 330 0.0%
Scott County 220 0.0%
Isanti County 220 0.0%
Carver County 110 0.0%
Clay County 110 0.0%
St. Louis County 110 0.0%
Olmsted County 110 0.0%
Washington County 110 0.0%

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%
Blaze Credit UnionB 4,07412.3%6.38%
Wings Financial Credit UnionA 3,96016.4%7.25%
Crosscountry MortgageB 3,9422.1%6.63%
Fairway Independent MortgageB 3,3273.2%6.75%

Frequently asked questions

Minnesota: 22 applications in 2025, of which 18 were originated and 1 denied.

4.6% of all applications, or 5.3% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans City First Mortgage Services originated in Minnesota in 2025 was 6.69%, against a statewide median of 6.63%.

About this data. Figures are City First Mortgage Services'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