Cortrust Mortgage in Minnesota vs the state
5.0%Denial rate-8.60 pts vs state
6.5%Decision denial rate-9.88 pts vs state
72.3%Origination rate+5.96 pts vs state
6.25%Median rate-0.38 pts vs state
0.01Rate spread (pts)-0.24 pts vs state
$96kMedian applicant income
217Loans originated
15Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 177 | 123 | 4.0% | 6.63% | #131 |
| 2024 | 239 | 175 | 3.8% | 6.50% | #111 |
| 2025 | 300 | 217 | 5.0% | 6.25% | #115 |
What Cortrust Mortgage lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Cortrust Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| McLeod County | 110 | 84 | 2 | 1.8% |
| Wright County | 32 | 22 | 5 | 15.6% |
| Hennepin County | 30 | 17 | 5 | 16.7% |
| Meeker County | 26 | 20 | 0 | 0.0% |
| Stearns County | 16 | 11 | 0 | 0.0% |
| Carver County | 9 | 6 | 0 | 0.0% |
| Sherburne County | 9 | 6 | 0 | 0.0% |
| Scott County | 7 | 4 | 1 | 14.3% |
| Anoka County | 7 | 6 | 0 | 0.0% |
| Sibley County | 6 | 3 | 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: 300 applications in 2025, of which 217 were originated and 15 denied.
5.0% of all applications, or 6.5% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Cortrust Mortgage originated in Minnesota in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are Cortrust 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