First International Bank & Trust · Minnesota · 2025

First International Bank & Trust in Minnesota: approval rate, denial rate and rates (2025)

First International Bank & Trust took 252 mortgage applications in Minnesota in 2025, ranking #124 of 870 lenders active in the state. It originated 80.2% of them and denied 8.3% (9.4% of the applications it decided), against a statewide denial rate of 13.6%.

252Applicationsin MN
9.4%Decision denial ratestate 16.4%
6.75%Median ratestate 6.63%
$225,000Median loanstate $215,000
$57MVolume44 counties

First International Bank & Trust in Minnesota vs the state

8.3%Denial rate-5.27 pts vs state
9.4%Decision denial rate-6.93 pts vs state
80.2%Origination rate+13.79 pts vs state
6.75%Median rate+0.13 pts vs state
0.37Rate spread (pts)+0.12 pts vs state
$113kMedian applicant income
202Loans originated
21Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232011696.5%7.25%#122
20242041743.9%7.13%#124
20252522028.3%6.75%#124

What First International Bank & Trust lends in Minnesota

By loan purpose

Home purchase 148 59% · 2.7% denied
Refinance 35 14% · 17.1% denied
Cash-out refinance 29 12% · 17.2% denied
Home improvement 26 10% · 11.5% denied
Other / HELOC 14 6% · 21.4% denied

By loan type

Conventional 217 86% · 7.4% denied
FHA 19 8% · 15.8% denied
VA 11 4% · 18.2% denied
USDA / RHS 5 2% · 0.0% denied

Why it denied Minnesota applicants

Debt-to-income ratio 10 48%
Credit history 9 43%
Collateral 2 10%

Where in Minnesota

Counties with the most First International Bank & Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clay County 54418 14.8%
Polk County 28202 7.1%
Otter Tail County 24230 0.0%
Becker County 20153 15.0%
Todd County 14112 14.3%
Rock County 1291 8.3%
Wadena County 1191 9.1%
Morrison County 970 0.0%
Cass County 880 0.0%
Hennepin County 760 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: 252 applications in 2025, of which 202 were originated and 21 denied.

8.3% of all applications, or 9.4% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans First International Bank & Trust originated in Minnesota in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are First International Bank & Trust'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