Consumer Real Estate Finance in Minnesota vs the state
18.6%Denial rate+5.04 pts vs state
19.6%Decision denial rate+3.29 pts vs state
76.3%Origination rate+9.90 pts vs state
6.99%Median rate+0.37 pts vs state
0.71Rate spread (pts)+0.46 pts vs state
$77kMedian applicant income
45Loans originated
11Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 39 | 18 | 25.6% | 7.25% | #304 |
| 2024 | 63 | 37 | 22.2% | 7.00% | #240 |
| 2025 | 59 | 45 | 18.6% | 6.99% | #270 |
What Consumer Real Estate Finance lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Consumer Real Estate Finance applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Dakota County | 13 | 11 | 2 | 15.4% |
| Winona County | 5 | 5 | 0 | 0.0% |
| Stearns County | 3 | 2 | 1 | 33.3% |
| Todd County | 2 | 2 | 0 | 0.0% |
| Renville County | 2 | 1 | 1 | 50.0% |
| Sherburne County | 2 | 0 | 0 | 0.0% |
| Ramsey County | 2 | 1 | 1 | 50.0% |
| Hennepin County | 2 | 1 | 1 | 50.0% |
| Mower County | 2 | 1 | 1 | 50.0% |
| St. Louis County | 2 | 2 | 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: 59 applications in 2025, of which 45 were originated and 11 denied.
18.6% of all applications, or 19.6% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Consumer Real Estate Finance originated in Minnesota in 2025 was 6.99%, against a statewide median of 6.63%.
About this data. Figures are Consumer Real Estate Finance'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