CMG Mortgage · Minnesota · 2025

CMG Mortgage in Minnesota: approval rate, denial rate and rates (2025)

CMG Mortgage took 1,098 mortgage applications in Minnesota in 2025, ranking #39 of 870 lenders active in the state. It originated 66.9% of them and denied 3.1% (4.2% of the applications it decided), against a statewide denial rate of 13.6%.

1.1kApplicationsin MN
4.2%Decision denial ratestate 16.4%
6.75%Median ratestate 6.63%
$285,000Median loanstate $215,000
$212MVolume56 counties

CMG Mortgage in Minnesota vs the state

3.1%Denial rate-10.50 pts vs state
4.2%Decision denial rate-12.17 pts vs state
66.9%Origination rate+0.57 pts vs state
6.75%Median rate+0.13 pts vs state
0.33Rate spread (pts)+0.08 pts vs state
$102kMedian applicant income
735Loans originated
34Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236975022.4%6.75%#55
20249226423.8%6.75%#46
20251,0987353.1%6.75%#39

What CMG Mortgage lends in Minnesota

By loan purpose

Home purchase 806 73% · 2.9% denied
Refinance 174 16% · 2.9% denied
Cash-out refinance 108 10% · 4.6% denied
Home improvement 1 0% · 0.0% denied
Other / HELOC 9 1% · 11.1% denied

By loan type

Conventional 741 67% · 3.2% denied
FHA 178 16% · 2.8% denied
VA 54 5% · 0.0% denied
USDA / RHS 125 11% · 4.0% denied

Why it denied Minnesota applicants

Debt-to-income ratio 9 26%
Other 8 24%
Credit history 8 24%
Collateral 4 12%
Employment history 3 9%
Unverifiable information 1 3%
Incomplete application 1 3%

Where in Minnesota

Counties with the most CMG Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 26217711 4.2%
Ramsey County 1601037 4.4%
Dakota County 121804 3.3%
Washington County 110830 0.0%
Anoka County 94691 1.1%
Clay County 38232 5.3%
Scott County 27173 11.1%
Wright County 25192 8.0%
Sherburne County 23151 4.3%
Chisago County 19120 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: 1,098 applications in 2025, of which 735 were originated and 34 denied.

3.1% of all applications, or 4.2% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans CMG Mortgage originated in Minnesota in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are CMG Mortgage'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