Clearedge Lending in Minnesota vs the state
39.3%Denial rate+25.69 pts vs state
45.8%Decision denial rate+29.48 pts vs state
46.4%Origination rate-19.94 pts vs state
7.75%Median rate+1.13 pts vs state
0.73Rate spread (pts)+0.47 pts vs state
$185kMedian applicant income
13Loans originated
11Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 41 | 20 | 26.8% | 8.38% | #296 |
| 2024 | 51 | 29 | 23.5% | 8.50% | #265 |
| 2025 | 28 | 13 | 39.3% | 7.75% | #349 |
What Clearedge Lending lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Clearedge Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 7 | 5 | 0 | 0.0% |
| Isanti County | 4 | 0 | 4 | 100.0% |
| Anoka County | 3 | 0 | 3 | 100.0% |
| Steele County | 3 | 1 | 1 | 33.3% |
| Scott County | 2 | 1 | 1 | 50.0% |
| Olmsted County | 2 | 2 | 0 | 0.0% |
| Dakota County | 2 | 1 | 1 | 50.0% |
| Washington County | 1 | 1 | 0 | 0.0% |
| Chisago County | 1 | 0 | 1 | 100.0% |
| Ramsey 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: 28 applications in 2025, of which 13 were originated and 11 denied.
39.3% of all applications, or 45.8% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Clearedge Lending originated in Minnesota in 2025 was 7.75%, against a statewide median of 6.63%.
About this data. Figures are Clearedge Lending'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