CorTrust Bank in Minnesota vs the state
9.3%Denial rate-4.27 pts vs state
10.1%Decision denial rate-6.21 pts vs state
82.2%Origination rate+15.85 pts vs state
—Median rate
—Rate spread (pts)
$135kMedian applicant income
185Loans originated
21Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 215 | 172 | 8.8% | — | #117 |
| 2024 | 196 | 150 | 11.7% | — | #126 |
| 2025 | 225 | 185 | 9.3% | — | #133 |
What CorTrust Bank lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most CorTrust Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wright County | 64 | 54 | 4 | 6.3% |
| McLeod County | 52 | 44 | 5 | 9.6% |
| Hennepin County | 27 | 19 | 5 | 18.5% |
| Carver County | 13 | 12 | 1 | 7.7% |
| Anoka County | 11 | 9 | 1 | 9.1% |
| Sherburne County | 10 | 8 | 0 | 0.0% |
| Meeker County | 8 | 6 | 1 | 12.5% |
| Scott County | 7 | 6 | 1 | 14.3% |
| Washington County | 6 | 5 | 1 | 16.7% |
| Dakota County | 5 | 4 | 1 | 20.0% |
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: 225 applications in 2025, of which 185 were originated and 21 denied.
9.3% of all applications, or 10.1% 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 CorTrust Bank'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