Digital in Minnesota vs the state
14.0%Denial rate+0.40 pts vs state
24.1%Decision denial rate+7.79 pts vs state
42.0%Origination rate-24.37 pts vs state
5.88%Median rate-0.75 pts vs state
0.17Rate spread (pts)-0.08 pts vs state
$164kMedian applicant income
21Loans originated
7Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 81 | 26 | 11.1% | 5.18% | #213 |
| 2024 | 65 | 20 | 13.9% | 7.49% | #239 |
| 2025 | 50 | 21 | 14.0% | 5.88% | #289 |
What Digital lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Digital applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 25 | 11 | 3 | 12.0% |
| Dakota County | 14 | 6 | 2 | 14.3% |
| Washington County | 3 | 1 | 0 | 0.0% |
| Scott County | 3 | 2 | 1 | 33.3% |
| Carver County | 2 | 1 | 0 | 0.0% |
| Ramsey County | 1 | 0 | 0 | 0.0% |
| Meeker County | 1 | 0 | 1 | 100.0% |
| Anoka 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: 50 applications in 2025, of which 21 were originated and 7 denied.
14.0% of all applications, or 24.1% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Digital originated in Minnesota in 2025 was 5.88%, against a statewide median of 6.63%.
About this data. Figures are Digital'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