Gold Star Mortgage Financial Group · Minnesota · 2025

Gold Star Mortgage Financial Group in Minnesota: approval rate, denial rate and rates (2025)

Gold Star Mortgage Financial Group took 115 mortgage applications in Minnesota in 2025, ranking #188 of 870 lenders active in the state. It originated 67.0% of them and denied 5.2% (6.7% of the applications it decided), against a statewide denial rate of 13.6%.

115Applicationsin MN
6.7%Decision denial ratestate 16.4%
6.63%Median ratestate 6.63%
$315,000Median loanstate $215,000
$23MVolume19 counties

Gold Star Mortgage Financial Group in Minnesota vs the state

5.2%Denial rate-8.38 pts vs state
6.7%Decision denial rate-9.68 pts vs state
67.0%Origination rate+0.59 pts vs state
6.63%Median rate0.00 pts vs state
0.53Rate spread (pts)+0.27 pts vs state
$114kMedian applicant income
77Loans originated
6Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023122853.3%6.99%#163
2024104661.0%6.99%#185
2025115775.2%6.63%#188

What Gold Star Mortgage Financial Group lends in Minnesota

By loan purpose

Home purchase 94 82% · 6.4% denied
Refinance 16 14% · 0.0% denied
Cash-out refinance 5 4% · 0.0% denied

By loan type

Conventional 78 68% · 5.1% denied
FHA 32 28% · 6.3% denied
VA 2 2% · 0.0% denied
USDA / RHS 3 3% · 0.0% denied

Why it denied Minnesota applicants

Debt-to-income ratio 4 67%
Credit history 2 33%

Where in Minnesota

Counties with the most Gold Star Mortgage Financial Group applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 39276 15.4%
Dakota County 1580 0.0%
Ramsey County 1280 0.0%
Washington County 870 0.0%
Wright County 880 0.0%
Anoka County 730 0.0%
Sherburne County 530 0.0%
Scott County 420 0.0%
Carver County 310 0.0%
Isanti County 310 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: 115 applications in 2025, of which 77 were originated and 6 denied.

5.2% of all applications, or 6.7% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Gold Star Mortgage Financial Group originated in Minnesota in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Gold Star Mortgage Financial Group'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