Guidance Residential · Minnesota · 2025

Guidance Residential in Minnesota: approval rate, denial rate and rates (2025)

Guidance Residential took 231 mortgage applications in Minnesota in 2025, ranking #131 of 870 lenders active in the state. It originated 79.2% of them and denied 2.2% (2.6% of the applications it decided), against a statewide denial rate of 13.6%.

231Applicationsin MN
2.6%Decision denial ratestate 16.4%
6.88%Median ratestate 6.63%
$325,000Median loanstate $215,000
$64MVolume16 counties

Guidance Residential in Minnesota vs the state

2.2%Denial rate-11.44 pts vs state
2.6%Decision denial rate-13.80 pts vs state
79.2%Origination rate+12.85 pts vs state
6.88%Median rate+0.25 pts vs state
0.37Rate spread (pts)+0.12 pts vs state
$96kMedian applicant income
183Loans originated
5Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
202364483.1%6.94%#239
202478576.4%7.13%#222
20252311832.2%6.88%#131

What Guidance Residential lends in Minnesota

By loan purpose

Home purchase 216 94% · 2.3% denied
Refinance 7 3% · 0.0% denied
Cash-out refinance 8 3% · 0.0% denied

By loan type

Conventional 231 100% · 2.2% denied

Why it denied Minnesota applicants

Collateral 4 80%
Unverifiable information 1 20%

Where in Minnesota

Counties with the most Guidance Residential applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 48371 2.1%
Anoka County 46341 2.2%
Dakota County 44342 4.5%
Scott County 25190 0.0%
Washington County 13120 0.0%
Ramsey County 12100 0.0%
Olmsted County 12101 8.3%
Stearns County 870 0.0%
Wright County 550 0.0%
Carver County 530 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: 231 applications in 2025, of which 183 were originated and 5 denied.

2.2% of all applications, or 2.6% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Guidance Residential originated in Minnesota in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are Guidance Residential'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