Expedition Credit Union · Minnesota · 2025

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

Expedition Credit Union took 108 mortgage applications in Minnesota in 2025, ranking #194 of 870 lenders active in the state. It originated 63.0% of them and denied 13.9% (18.1% of the applications it decided), against a statewide denial rate of 13.6%.

108Applicationsin MN
18.1%Decision denial ratestate 16.4%
7.50%Median ratestate 6.63%
$65,000Median loanstate $215,000
$5.0MVolume23 counties

Expedition Credit Union in Minnesota vs the state

13.9%Denial rate+0.29 pts vs state
18.1%Decision denial rate+1.72 pts vs state
63.0%Origination rate-3.41 pts vs state
7.50%Median rate+0.88 pts vs state
0.30Rate spread (pts)+0.04 pts vs state
$109kMedian applicant income
68Loans originated
15Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20241096811.0%8.50%#180
20251086813.9%7.50%#194

What Expedition Credit Union lends in Minnesota

By loan purpose

Refinance 12 11% · 8.3% denied
Home improvement 63 58% · 15.9% denied
Other / HELOC 33 31% · 12.1% denied

By loan type

Conventional 108 100% · 13.9% denied

Why it denied Minnesota applicants

Debt-to-income ratio 5 33%
Credit history 4 27%
Other 4 27%
Collateral 2 13%

Where in Minnesota

Counties with the most Expedition Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Dakota County 22161 4.5%
Hennepin County 18122 11.1%
Anoka County 1272 16.7%
Washington County 1182 18.2%
Ramsey County 1064 40.0%
Carver County 640 0.0%
Scott County 530 0.0%
Sherburne County 321 33.3%
Wright County 201 50.0%
Benton 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: 108 applications in 2025, of which 68 were originated and 15 denied.

13.9% of all applications, or 18.1% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Expedition Credit Union originated in Minnesota in 2025 was 7.50%, against a statewide median of 6.63%.

About this data. Figures are Expedition 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