Homebridge Financial Services · Minnesota · 2025

Homebridge Financial Services in Minnesota: approval rate, denial rate and rates (2025)

Homebridge Financial Services took 95 mortgage applications in Minnesota in 2025, ranking #213 of 870 lenders active in the state. It originated 65.3% of them and denied 25.3% (27.9% of the applications it decided), against a statewide denial rate of 13.6%.

95Applicationsin MN
27.9%Decision denial ratestate 16.4%
9.99%Median ratestate 6.63%
$205,000Median loanstate $215,000
$11MVolume32 counties

Homebridge Financial Services in Minnesota vs the state

25.3%Denial rate+11.66 pts vs state
27.9%Decision denial rate+11.56 pts vs state
65.3%Origination rate-1.11 pts vs state
9.99%Median rate+3.37 pts vs state
-0.55Rate spread (pts)-0.81 pts vs state
$113kMedian applicant income
62Loans originated
24Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023803935.0%10.05%#215
2024673423.9%6.75%#236
2025956225.3%9.99%#213

What Homebridge Financial Services lends in Minnesota

By loan purpose

Home purchase 7 7% · 71.4% denied
Refinance 34 36% · 44.1% denied
Cash-out refinance 2 2% · 50.0% denied
Home improvement 22 23% · 13.6% denied
Other / HELOC 30 32% · 0.0% denied

By loan type

Conventional 60 63% · 15.0% denied
FHA 11 12% · 54.6% denied
VA 21 22% · 38.1% denied
USDA / RHS 3 3% · 33.3% denied

Why it denied Minnesota applicants

Unverifiable information 12 50%
Debt-to-income ratio 4 17%
Insufficient cash 2 8%
Collateral 2 8%
Credit history 2 8%
Employment history 1 4%
Incomplete application 1 4%

Where in Minnesota

Counties with the most Homebridge Financial Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 15104 26.7%
Anoka County 953 33.3%
Wright County 742 28.6%
Dakota County 743 42.9%
Olmsted County 440 0.0%
Scott County 440 0.0%
Blue Earth County 422 50.0%
Sherburne County 422 50.0%
Washington County 412 50.0%
St. Louis County 330 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: 95 applications in 2025, of which 62 were originated and 24 denied.

25.3% of all applications, or 27.9% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Homebridge Financial Services originated in Minnesota in 2025 was 9.99%, against a statewide median of 6.63%.

About this data. Figures are Homebridge Financial Services'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