Goldman Sachs Bank USA · Minnesota · 2025

Goldman Sachs Bank USA in Minnesota: approval rate, denial rate and rates (2025)

Goldman Sachs Bank USA took 11 mortgage applications in Minnesota in 2025, ranking #457 of 870 lenders active in the state. It originated 45.5% of them and denied 18.2% (28.6% of the applications it decided), against a statewide denial rate of 13.6%.

11Applicationsin MN
28.6%Decision denial ratestate 16.4%
5.20%Median ratestate 6.63%
$4,505,000Median loanstate $215,000
$12MVolume3 counties

Goldman Sachs Bank USA in Minnesota vs the state

18.2%Denial rate+4.58 pts vs state
28.6%Decision denial rate+12.22 pts vs state
45.5%Origination rate-20.92 pts vs state
5.20%Median rate-1.42 pts vs state
-0.06Rate spread (pts)-0.31 pts vs state
$254kMedian applicant income
5Loans originated
2Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023540.0%5.25%#511
20249244.4%5.95%#457
202511518.2%5.20%#457

What Goldman Sachs Bank USA lends in Minnesota

By loan purpose

Home purchase 3 27% · 0.0% denied
Refinance 6 55% · 33.3% denied
Cash-out refinance 1 9% · 0.0% denied
Other / HELOC 1 9% · 0.0% denied

By loan type

Conventional 11 100% · 18.2% denied

Why it denied Minnesota applicants

Other 2 100%

Where in Minnesota

Counties with the most Goldman Sachs Bank USA applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 952 22.2%
Ramsey County 100 0.0%
Chisago County 100 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: 11 applications in 2025, of which 5 were originated and 2 denied.

18.2% of all applications, or 28.6% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Goldman Sachs Bank USA originated in Minnesota in 2025 was 5.20%, against a statewide median of 6.63%.

About this data. Figures are Goldman Sachs Bank USA'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