Dhi Mortgage Company · Minnesota · 2025

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

Dhi Mortgage Company took 865 mortgage applications in Minnesota in 2025, ranking #55 of 870 lenders active in the state. It originated 76.1% of them and denied 5.7% (6.9% of the applications it decided), against a statewide denial rate of 13.6%.

865Applicationsin MN
6.9%Decision denial ratestate 16.4%
5.50%Median ratestate 6.63%
$425,000Median loanstate $215,000
$278MVolume9 counties

Dhi Mortgage Company in Minnesota vs the state

5.7%Denial rate-7.94 pts vs state
6.9%Decision denial rate-9.48 pts vs state
76.1%Origination rate+9.70 pts vs state
5.50%Median rate-1.13 pts vs state
-0.91Rate spread (pts)-1.17 pts vs state
$128kMedian applicant income
658Loans originated
49Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20237976882.4%5.88%#48
20249337953.0%5.50%#45
20258656585.7%5.50%#55

What Dhi Mortgage Company lends in Minnesota

By loan purpose

Home purchase 863 100% · 5.6% denied
Refinance 2 0% · 50.0% denied

By loan type

Conventional 659 76% · 2.7% denied
FHA 148 17% · 18.9% denied
VA 58 7% · 5.2% denied

Why it denied Minnesota applicants

Debt-to-income ratio 23 47%
Credit history 15 31%
Unverifiable information 6 12%
Other 2 4%
Employment history 2 4%
Insufficient cash 1 2%

Where in Minnesota

Counties with the most Dhi Mortgage Company applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Dakota County 1851457 3.8%
Washington County 17513710 5.7%
Scott County 1249510 8.1%
Anoka County 1027010 9.8%
Carver County 97722 2.1%
Hennepin County 95717 7.4%
Wright County 85682 2.4%
Sherburne County 100 0.0%
Benton County 101 100.0%

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%
Crosscountry MortgageB 3,9422.1%6.63%
Fairway Independent MortgageB 3,3273.2%6.75%

Frequently asked questions

Minnesota: 865 applications in 2025, of which 658 were originated and 49 denied.

5.7% of all applications, or 6.9% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Dhi Mortgage Company originated in Minnesota in 2025 was 5.50%, against a statewide median of 6.63%.

About this data. Figures are Dhi Mortgage Company'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