Hometown Equity Mortgage in Minnesota vs the state
40.0%Denial rate+26.40 pts vs state
41.7%Decision denial rate+25.32 pts vs state
56.0%Origination rate-10.37 pts vs state
7.63%Median rate+1.00 pts vs state
1.49Rate spread (pts)+1.24 pts vs state
$154kMedian applicant income
14Loans originated
10Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 13 | 3 | 61.5% | 9.63% | #425 |
| 2024 | 27 | 7 | 70.4% | 6.75% | #348 |
| 2025 | 25 | 14 | 40.0% | 7.63% | #364 |
What Hometown Equity Mortgage lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Hometown Equity Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 9 | 4 | 5 | 55.6% |
| Stearns County | 5 | 5 | 0 | 0.0% |
| Scott County | 3 | 2 | 1 | 33.3% |
| St. Louis County | 3 | 0 | 2 | 66.7% |
| Ramsey County | 2 | 2 | 0 | 0.0% |
| Chisago County | 1 | 0 | 1 | 100.0% |
| Cass County | 1 | 1 | 0 | 0.0% |
| Wright County | 1 | 0 | 1 | 100.0% |
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: 25 applications in 2025, of which 14 were originated and 10 denied.
40.0% of all applications, or 41.7% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Hometown Equity Mortgage originated in Minnesota in 2025 was 7.63%, against a statewide median of 6.63%.
About this data. Figures are Hometown Equity Mortgage'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