Highland Bank in Minnesota vs the state
14.2%Denial rate+0.56 pts vs state
15.5%Decision denial rate-0.84 pts vs state
71.9%Origination rate+5.51 pts vs state
—Median rate
—Rate spread (pts)
$160kMedian applicant income
340Loans originated
67Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 507 | 352 | 18.0% | — | #67 |
| 2024 | 456 | 314 | 16.5% | — | #83 |
| 2025 | 473 | 340 | 14.2% | — | #85 |
What Highland Bank lends in Minnesota
By loan purpose
By loan type
Where in Minnesota
Counties with the most Highland Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 168 | 123 | 19 | 11.3% |
| Dakota County | 46 | 36 | 4 | 8.7% |
| Anoka County | 46 | 31 | 6 | 13.0% |
| Ramsey County | 45 | 35 | 6 | 13.3% |
| Scott County | 29 | 24 | 3 | 10.3% |
| Wright County | 26 | 19 | 5 | 19.2% |
| Washington County | 25 | 18 | 3 | 12.0% |
| Carver County | 16 | 8 | 6 | 37.5% |
| Chisago County | 11 | 6 | 4 | 36.4% |
| St. Louis County | 10 | 6 | 2 | 20.0% |
Other large lenders in Minnesota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 8,694 | 10.6% | 6.38% |
| U.S. Bank | D | 8,624 | 30.4% | 7.88% |
| Bell Bank | A | 7,987 | 5.3% | 6.63% |
| Rocket Mortgage | C | 7,630 | 16.3% | 6.63% |
| Trustone Financial Credit Union | C | 6,066 | 20.0% | 7.25% |
| Affinity Plus | C | 5,438 | 14.6% | 6.63% |
| Blaze Credit Union | B | 4,074 | 12.3% | 6.38% |
| Wings Financial Credit Union | A | 3,960 | 16.4% | 7.25% |
| Crosscountry Mortgage | B | 3,942 | 2.1% | 6.63% |
| Fairway Independent Mortgage | B | 3,327 | 3.2% | 6.75% |
Frequently asked questions
Minnesota: 473 applications in 2025, of which 340 were originated and 67 denied.
14.2% of all applications, or 15.5% 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 Highland 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