HomeTown Bank in Minnesota vs the state
3.9%Denial rate-9.73 pts vs state
4.3%Decision denial rate-12.06 pts vs state
85.6%Origination rate+19.27 pts vs state
6.75%Median rate+0.13 pts vs state
0.25Rate spread (pts)-0.01 pts vs state
$118kMedian applicant income
310Loans originated
14Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 295 | 240 | 9.5% | 6.88% | #96 |
| 2024 | 331 | 277 | 6.7% | 7.19% | #94 |
| 2025 | 362 | 310 | 3.9% | 6.75% | #99 |
What HomeTown Bank lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most HomeTown Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Carver County | 54 | 49 | 0 | 0.0% |
| Renville County | 39 | 34 | 3 | 7.7% |
| Redwood County | 35 | 32 | 1 | 2.9% |
| Hennepin County | 33 | 29 | 1 | 3.0% |
| Scott County | 27 | 22 | 2 | 7.4% |
| Nicollet County | 26 | 24 | 0 | 0.0% |
| Le Sueur County | 19 | 17 | 1 | 5.3% |
| Martin County | 13 | 10 | 2 | 15.4% |
| Blue Earth County | 10 | 7 | 1 | 10.0% |
| Sibley County | 8 | 5 | 0 | 0.0% |
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: 362 applications in 2025, of which 310 were originated and 14 denied.
3.9% of all applications, or 4.3% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans HomeTown Bank originated in Minnesota in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are HomeTown 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