Jmac Lending in Minnesota vs the state
18.8%Denial rate+5.15 pts vs state
27.3%Decision denial rate+10.92 pts vs state
50.0%Origination rate-16.37 pts vs state
6.44%Median rate-0.19 pts vs state
0.68Rate spread (pts)+0.43 pts vs state
$112kMedian applicant income
8Loans originated
3Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 8 | 4 | 12.5% | 7.00% | #476 |
| 2024 | 13 | 9 | 0.0% | 5.88% | #423 |
| 2025 | 16 | 8 | 18.8% | 6.44% | #412 |
What Jmac Lending lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Jmac Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Olmsted County | 2 | 1 | 0 | 0.0% |
| Washington County | 2 | 0 | 2 | 100.0% |
| Carver County | 2 | 1 | 1 | 50.0% |
| Dakota County | 2 | 2 | 0 | 0.0% |
| Ramsey County | 2 | 1 | 0 | 0.0% |
| Roseau County | 1 | 0 | 0 | 0.0% |
| Anoka County | 1 | 1 | 0 | 0.0% |
| Le Sueur County | 1 | 1 | 0 | 0.0% |
| Hennepin County | 1 | 0 | 0 | 0.0% |
| Kandiyohi County | 1 | 0 | 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: 16 applications in 2025, of which 8 were originated and 3 denied.
18.8% of all applications, or 27.3% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Jmac Lending originated in Minnesota in 2025 was 6.44%, against a statewide median of 6.63%.
About this data. Figures are Jmac Lending'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