Kiavi Funding · Minnesota · 2025

Kiavi Funding in Minnesota: approval rate, denial rate and rates (2025)

Kiavi Funding took 307 mortgage applications in Minnesota in 2025, ranking #113 of 870 lenders active in the state. It originated 79.8% of them and denied 4.9% (5.6% of the applications it decided), against a statewide denial rate of 13.6%.

307Applicationsin MN
5.6%Decision denial ratestate 16.4%
9.95%Median ratestate 6.63%
$235,000Median loanstate $215,000
$64MVolume27 counties

Kiavi Funding in Minnesota vs the state

4.9%Denial rate-8.71 pts vs state
5.6%Decision denial rate-10.77 pts vs state
79.8%Origination rate+13.43 pts vs state
9.95%Median rate+3.32 pts vs state
Rate spread (pts)
Median applicant income
245Loans originated
15Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023103689.7%10.95%#184
20242241614.9%9.95%#118
20253072454.9%9.95%#113

What Kiavi Funding lends in Minnesota

By loan purpose

Home purchase 264 86% · 4.6% denied
Refinance 43 14% · 7.0% denied

By loan type

Conventional 307 100% · 4.9% denied

Why it denied Minnesota applicants

Collateral 10 67%
Unverifiable information 5 33%

Where in Minnesota

Counties with the most Kiavi Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 1311135 3.8%
Ramsey County 48431 2.1%
Anoka County 30241 3.3%
Dakota County 22172 9.1%
Washington County 15112 13.3%
Mower County 810 0.0%
Sherburne County 850 0.0%
Scott County 650 0.0%
Mille Lacs County 540 0.0%
Carver County 540 0.0%

Other large lenders in Minnesota

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 8,69410.6%6.38%
U.S. BankD 8,62430.4%7.88%
Bell BankA 7,9875.3%6.63%
Rocket MortgageC 7,63016.3%6.63%
Trustone Financial Credit UnionC 6,06620.0%7.25%
Affinity PlusC 5,43814.6%6.63%
Blaze Credit UnionB 4,07412.3%6.38%
Wings Financial Credit UnionA 3,96016.4%7.25%
Crosscountry MortgageB 3,9422.1%6.63%
Fairway Independent MortgageB 3,3273.2%6.75%

Frequently asked questions

Minnesota: 307 applications in 2025, of which 245 were originated and 15 denied.

4.9% of all applications, or 5.6% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Kiavi Funding originated in Minnesota in 2025 was 9.95%, against a statewide median of 6.63%.

About this data. Figures are Kiavi Funding'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