JPMorgan Chase Bank in Minnesota vs the state
12.1%Denial rate-1.54 pts vs state
16.2%Decision denial rate-0.14 pts vs state
60.7%Origination rate-5.67 pts vs state
6.49%Median rate-0.13 pts vs state
0.08Rate spread (pts)-0.17 pts vs state
$131kMedian applicant income
624Loans originated
124Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 488 | 320 | 9.2% | 6.75% | #71 |
| 2024 | 726 | 468 | 7.6% | 6.50% | #58 |
| 2025 | 1,028 | 624 | 12.1% | 6.49% | #43 |
What JPMorgan Chase Bank lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most JPMorgan Chase Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 396 | 260 | 47 | 11.9% |
| Ramsey County | 125 | 68 | 18 | 14.4% |
| Dakota County | 102 | 60 | 14 | 13.7% |
| Washington County | 64 | 36 | 8 | 12.5% |
| Anoka County | 62 | 35 | 8 | 12.9% |
| Carver County | 35 | 21 | 6 | 17.1% |
| Scott County | 30 | 19 | 2 | 6.7% |
| Wright County | 28 | 19 | 1 | 3.6% |
| St. Louis County | 19 | 14 | 0 | 0.0% |
| Olmsted County | 17 | 9 | 3 | 17.6% |
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: 1,028 applications in 2025, of which 624 were originated and 124 denied.
12.1% of all applications, or 16.2% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans JPMorgan Chase Bank originated in Minnesota in 2025 was 6.49%, against a statewide median of 6.63%.
About this data. Figures are JPMorgan Chase 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