Community Bank Mankato · Minnesota · 2025

Community Bank Mankato in Minnesota: approval rate, denial rate and rates (2025)

Community Bank Mankato took 81 mortgage applications in Minnesota in 2025, ranking #230 of 870 lenders active in the state. It originated 88.9% of them and denied 6.2% (6.5% of the applications it decided), against a statewide denial rate of 13.6%.

81Applicationsin MN
6.5%Decision denial ratestate 16.4%
Median ratestate 6.63%
$225,000Median loanstate $215,000
$22MVolume11 counties

Community Bank Mankato in Minnesota vs the state

6.2%Denial rate-7.43 pts vs state
6.5%Decision denial rate-9.86 pts vs state
88.9%Origination rate+22.52 pts vs state
Median rate
Rate spread (pts)
$96kMedian applicant income
72Loans originated
5Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231161050.9%#167
2024111963.6%#177
202581726.2%#230

What Community Bank Mankato lends in Minnesota

By loan purpose

Home purchase 40 49% · 5.0% denied
Refinance 35 43% · 2.9% denied
Cash-out refinance 1 1% · 100.0% denied
Home improvement 3 4% · 33.3% denied
Other / HELOC 2 2% · 0.0% denied

By loan type

Conventional 81 100% · 6.2% denied

Where in Minnesota

Counties with the most Community Bank Mankato applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Blue Earth County 52454 7.7%
Nicollet County 15150 0.0%
Waseca County 431 25.0%
Le Sueur County 220 0.0%
Cottonwood County 210 0.0%
Goodhue County 110 0.0%
Cass County 110 0.0%
Steele County 110 0.0%
Hennepin County 110 0.0%
Pine 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: 81 applications in 2025, of which 72 were originated and 5 denied.

6.2% of all applications, or 6.5% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Community Bank Mankato'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