Deephaven Mortgage in Minnesota vs the state
18.5%Denial rate+4.88 pts vs state
23.0%Decision denial rate+6.62 pts vs state
62.0%Origination rate-4.41 pts vs state
7.75%Median rate+1.13 pts vs state
1.11Rate spread (pts)+0.86 pts vs state
$551kMedian applicant income
57Loans originated
17Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 37 | 23 | 29.7% | 8.88% | #313 |
| 2024 | 58 | 35 | 32.8% | 7.99% | #249 |
| 2025 | 92 | 57 | 18.5% | 7.75% | #217 |
What Deephaven Mortgage lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Deephaven Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 39 | 27 | 4 | 10.3% |
| Ramsey County | 16 | 9 | 4 | 25.0% |
| Anoka County | 13 | 12 | 0 | 0.0% |
| Dakota County | 6 | 4 | 1 | 16.7% |
| Stearns County | 2 | 0 | 1 | 50.0% |
| Sherburne County | 2 | 1 | 1 | 50.0% |
| Olmsted County | 2 | 0 | 1 | 50.0% |
| Aitkin County | 2 | 0 | 2 | 100.0% |
| Clay County | 1 | 0 | 1 | 100.0% |
| Blue Earth County | 1 | 0 | 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: 92 applications in 2025, of which 57 were originated and 17 denied.
18.5% of all applications, or 23.0% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Deephaven Mortgage originated in Minnesota in 2025 was 7.75%, against a statewide median of 6.63%.
About this data. Figures are Deephaven 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