Homexpress Mortgage in Minnesota vs the state
47.2%Denial rate+33.59 pts vs state
47.7%Decision denial rate+31.38 pts vs state
50.6%Origination rate-15.81 pts vs state
7.88%Median rate+1.25 pts vs state
1.74Rate spread (pts)+1.49 pts vs state
$144kMedian applicant income
45Loans originated
42Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 17 | 8 | 52.9% | 8.88% | #404 |
| 2024 | 32 | 14 | 53.1% | 8.19% | #327 |
| 2025 | 89 | 45 | 47.2% | 7.88% | #221 |
What Homexpress Mortgage lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Homexpress Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 27 | 9 | 18 | 66.7% |
| Ramsey County | 12 | 6 | 5 | 41.7% |
| Dakota County | 11 | 11 | 0 | 0.0% |
| Olmsted County | 6 | 3 | 3 | 50.0% |
| Anoka County | 6 | 2 | 4 | 66.7% |
| St. Louis County | 5 | 4 | 1 | 20.0% |
| Mille Lacs County | 3 | 0 | 3 | 100.0% |
| Isanti County | 2 | 2 | 0 | 0.0% |
| Benton County | 2 | 0 | 1 | 50.0% |
| Washington County | 2 | 0 | 2 | 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: 89 applications in 2025, of which 45 were originated and 42 denied.
47.2% of all applications, or 47.7% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Homexpress Mortgage originated in Minnesota in 2025 was 7.88%, against a statewide median of 6.63%.
About this data. Figures are Homexpress 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