Empeople Credit Union · Minnesota · 2025

Empeople Credit Union in Minnesota: approval rate, denial rate and rates (2025)

Empeople Credit Union took 60 mortgage applications in Minnesota in 2025, ranking #266 of 870 lenders active in the state. It originated 61.7% of them and denied 11.7% (15.9% of the applications it decided), against a statewide denial rate of 13.6%.

60Applicationsin MN
15.9%Decision denial ratestate 16.4%
6.49%Median ratestate 6.63%
$185,000Median loanstate $215,000
$8.8MVolume34 counties

Empeople Credit Union in Minnesota vs the state

11.7%Denial rate-1.93 pts vs state
15.9%Decision denial rate-0.44 pts vs state
61.7%Origination rate-4.70 pts vs state
6.49%Median rate-0.13 pts vs state
-0.39Rate spread (pts)-0.64 pts vs state
$129kMedian applicant income
37Loans originated
7Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023674422.4%6.74%#233
2024543211.1%6.68%#258
2025603711.7%6.49%#266

What Empeople Credit Union lends in Minnesota

By loan purpose

Home purchase 26 43% · 3.9% denied
Refinance 10 17% · 10.0% denied
Cash-out refinance 7 12% · 14.3% denied
Home improvement 6 10% · 33.3% denied
Other / HELOC 11 18% · 18.2% denied

By loan type

Conventional 60 100% · 11.7% denied

Why it denied Minnesota applicants

Debt-to-income ratio 4 57%
Credit history 2 29%
Incomplete application 1 14%

Where in Minnesota

Counties with the most Empeople Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 841 12.5%
Clay County 631 16.7%
Carver County 430 0.0%
Kandiyohi County 320 0.0%
Scott County 330 0.0%
Winona County 220 0.0%
Wright County 220 0.0%
Kittson County 211 50.0%
Lincoln County 210 0.0%
Le Sueur County 210 0.0%

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: 60 applications in 2025, of which 37 were originated and 7 denied.

11.7% of all applications, or 15.9% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Empeople Credit Union originated in Minnesota in 2025 was 6.49%, against a statewide median of 6.63%.

About this data. Figures are Empeople Credit Union'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