Compeer Financial, Flca · Minnesota · 2025

Compeer Financial, Flca in Minnesota: approval rate, denial rate and rates (2025)

Compeer Financial, Flca took 715 mortgage applications in Minnesota in 2025, ranking #63 of 870 lenders active in the state. It originated 67.8% of them and denied 10.2% (11.1% of the applications it decided), against a statewide denial rate of 13.6%.

715Applicationsin MN
11.1%Decision denial ratestate 16.4%
7.25%Median ratestate 6.63%
$225,000Median loanstate $215,000
$131MVolume67 counties

Compeer Financial, Flca in Minnesota vs the state

10.2%Denial rate-3.39 pts vs state
11.1%Decision denial rate-5.29 pts vs state
67.8%Origination rate+1.46 pts vs state
7.25%Median rate+0.63 pts vs state
0.91Rate spread (pts)+0.66 pts vs state
$119kMedian applicant income
485Loans originated
73Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
202346428610.8%7.85%#74
202460937711.2%7.75%#65
202571548510.2%7.25%#63

What Compeer Financial, Flca lends in Minnesota

By loan purpose

Home purchase 526 74% · 9.5% denied
Refinance 19 3% · 5.3% denied
Cash-out refinance 66 9% · 15.2% denied
Home improvement 71 10% · 5.6% denied
Other / HELOC 33 5% · 24.2% denied

By loan type

Conventional 715 100% · 10.2% denied

Why it denied Minnesota applicants

Debt-to-income ratio 37 51%
Credit history 19 26%
Collateral 11 15%
Other 5 7%
Unverifiable information 1 1%

Where in Minnesota

Counties with the most Compeer Financial, Flca applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Stearns County 32195 15.6%
St. Louis County 30251 3.3%
Faribault County 26163 11.5%
Morrison County 25153 12.0%
Carlton County 25166 24.0%
Benton County 24171 4.2%
Cottonwood County 23211 4.3%
Rice County 22171 4.5%
Fillmore County 21161 4.8%
Mower County 20122 10.0%

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: 715 applications in 2025, of which 485 were originated and 73 denied.

10.2% of all applications, or 11.1% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Compeer Financial, Flca originated in Minnesota in 2025 was 7.25%, against a statewide median of 6.63%.

About this data. Figures are Compeer Financial, Flca'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