Everett Financial · Minnesota · 2025

Everett Financial in Minnesota: approval rate, denial rate and rates (2025)

Everett Financial took 1,296 mortgage applications in Minnesota in 2025, ranking #32 of 870 lenders active in the state. It originated 70.6% of them and denied 1.6% (2.2% of the applications it decided), against a statewide denial rate of 13.6%.

1.3kApplicationsin MN
2.2%Decision denial ratestate 16.4%
6.88%Median ratestate 6.63%
$265,000Median loanstate $215,000
$272MVolume62 counties

Everett Financial in Minnesota vs the state

1.6%Denial rate-11.98 pts vs state
2.2%Decision denial rate-14.13 pts vs state
70.6%Origination rate+4.23 pts vs state
6.88%Median rate+0.25 pts vs state
0.66Rate spread (pts)+0.40 pts vs state
$92kMedian applicant income
915Loans originated
21Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,4177865.2%6.99%#23
20241,1579992.0%7.00%#34
20251,2969151.6%6.88%#32

What Everett Financial lends in Minnesota

By loan purpose

Home purchase 1,094 84% · 1.5% denied
Refinance 88 7% · 2.3% denied
Cash-out refinance 98 8% · 3.1% denied
Home improvement 11 1% · 0.0% denied
Other / HELOC 5 0% · 0.0% denied

By loan type

Conventional 962 74% · 1.1% denied
FHA 274 21% · 2.9% denied
VA 53 4% · 1.9% denied
USDA / RHS 7 1% · 14.3% denied

Why it denied Minnesota applicants

Debt-to-income ratio 10 48%
Other 4 19%
Credit history 3 14%
Collateral 2 10%
Unverifiable information 1 5%
Employment history 1 5%

Where in Minnesota

Counties with the most Everett Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 3112246 1.9%
Ramsey County 133941 0.8%
Anoka County 106850 0.0%
Dakota County 81523 3.7%
Stearns County 78451 1.3%
Scott County 51371 2.0%
St. Louis County 51340 0.0%
Washington County 47340 0.0%
Wright County 47350 0.0%
Sherburne County 41321 2.4%

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: 1,296 applications in 2025, of which 915 were originated and 21 denied.

1.6% of all applications, or 2.2% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Everett Financial originated in Minnesota in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are Everett Financial'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