Crosscountry Mortgage · Minnesota · 2025

Crosscountry Mortgage in Minnesota: approval rate, denial rate and rates (2025)

Crosscountry Mortgage took 3,942 mortgage applications in Minnesota in 2025, ranking #9 of 870 lenders active in the state. It originated 79.4% of them and denied 2.1% (2.6% of the applications it decided), against a statewide denial rate of 13.6%.

3.9kApplicationsin MN
2.6%Decision denial ratestate 16.4%
6.63%Median ratestate 6.63%
$295,000Median loanstate $215,000
$1.0BVolume76 counties

Crosscountry Mortgage in Minnesota vs the state

2.1%Denial rate-11.49 pts vs state
2.6%Decision denial rate-13.79 pts vs state
79.4%Origination rate+13.01 pts vs state
6.63%Median rate0.00 pts vs state
0.32Rate spread (pts)+0.07 pts vs state
$107kMedian applicant income
3,129Loans originated
83Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233,4212,6951.0%6.88%#9
20243,6212,8781.6%6.75%#8
20253,9423,1292.1%6.63%#9

What Crosscountry Mortgage lends in Minnesota

By loan purpose

Home purchase 2,893 73% · 1.4% denied
Refinance 610 15% · 1.5% denied
Cash-out refinance 216 5% · 4.6% denied
Home improvement 43 1% · 34.9% denied
Other / HELOC 180 5% · 5.6% denied

By loan type

Conventional 3,040 77% · 1.7% denied
FHA 643 16% · 4.0% denied
VA 235 6% · 2.1% denied
USDA / RHS 24 1% · 4.2% denied

Why it denied Minnesota applicants

Debt-to-income ratio 21 25%
Collateral 20 24%
Incomplete application 11 13%
Credit history 11 13%
Other 11 13%
Insufficient cash 7 8%
Unverifiable information 1 1%
Employment history 1 1%

Where in Minnesota

Counties with the most Crosscountry Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 97980918 1.8%
Ramsey County 39330310 2.5%
Anoka County 3773004 1.1%
Dakota County 2722343 1.1%
Washington County 2592086 2.3%
Wright County 1541272 1.3%
Sherburne County 1391082 1.4%
Carver County 113921 0.9%
Steele County 101902 2.0%
Scott County 100833 3.0%

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%
Fairway Independent MortgageB 3,3273.2%6.75%
Broker SolutionsD 3,2465.5%6.75%

Frequently asked questions

Minnesota: 3,942 applications in 2025, of which 3,129 were originated and 83 denied.

2.1% of all applications, or 2.6% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Crosscountry Mortgage originated in Minnesota in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Crosscountry 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