First National Bank · Minnesota · 2025

First National Bank in Minnesota: approval rate, denial rate and rates (2025)

First National Bank took 27 mortgage applications in Minnesota in 2025, ranking #357 of 870 lenders active in the state. It originated 92.6% of them and denied 0.0% (0.0% of the applications it decided), against a statewide denial rate of 13.6%.

27Applicationsin MN
0.0%Decision denial ratestate 16.4%
Median ratestate 6.63%
$325,000Median loanstate $215,000
$8.8MVolume10 counties

First National Bank in Minnesota vs the state

0.0%Denial rate-13.60 pts vs state
0.0%Decision denial rate-16.35 pts vs state
92.6%Origination rate+26.22 pts vs state
Median rate
Rate spread (pts)
$178kMedian applicant income
25Loans originated
0Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
202316140.0%6.44%#408
202424240.0%#368
202527250.0%#357

What First National Bank lends in Minnesota

By loan purpose

Home purchase 15 56% · 0.0% denied
Refinance 10 37% · 0.0% denied
Cash-out refinance 1 4% · 0.0% denied
Other / HELOC 1 4% · 0.0% denied

By loan type

Conventional 27 100% · 0.0% denied

Where in Minnesota

Counties with the most First National Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Scott County 1190 0.0%
Le Sueur County 330 0.0%
Jackson County 330 0.0%
Murray County 220 0.0%
Carver County 220 0.0%
Dakota County 220 0.0%
Hennepin County 110 0.0%
Rice County 110 0.0%
Wright County 110 0.0%
Nobles County 110 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: 27 applications in 2025, of which 25 were originated and 0 denied.

0.0% of all applications, or 0.0% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are First National Bank'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