Kind Lending · Minnesota · 2025

Kind Lending in Minnesota: approval rate, denial rate and rates (2025)

Kind Lending took 477 mortgage applications in Minnesota in 2025, ranking #84 of 870 lenders active in the state. It originated 63.7% of them and denied 23.3% (26.6% of the applications it decided), against a statewide denial rate of 13.6%.

477Applicationsin MN
26.6%Decision denial ratestate 16.4%
6.63%Median ratestate 6.63%
$315,000Median loanstate $215,000
$101MVolume53 counties

Kind Lending in Minnesota vs the state

23.3%Denial rate+9.67 pts vs state
26.6%Decision denial rate+10.27 pts vs state
63.7%Origination rate-2.64 pts vs state
6.63%Median rate0.00 pts vs state
0.32Rate spread (pts)+0.06 pts vs state
$111kMedian applicant income
304Loans originated
111Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
202327019017.8%6.38%#104
202425515720.8%6.63%#109
202547730423.3%6.63%#84

What Kind Lending lends in Minnesota

By loan purpose

Home purchase 363 76% · 16.5% denied
Refinance 48 10% · 45.8% denied
Cash-out refinance 45 9% · 37.8% denied
Home improvement 19 4% · 52.6% denied
Other / HELOC 2 0% · 100.0% denied

By loan type

Conventional 310 65% · 23.9% denied
FHA 119 25% · 22.7% denied
VA 36 8% · 22.2% denied
USDA / RHS 12 3% · 16.7% denied

Why it denied Minnesota applicants

Unverifiable information 31 28%
Insufficient cash 25 23%
Collateral 21 19%
Other 16 14%
Credit history 9 8%
Incomplete application 5 5%
Debt-to-income ratio 3 3%
Employment history 1 1%

Where in Minnesota

Counties with the most Kind Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 1118122 19.8%
Anoka County 59398 13.6%
Dakota County 49309 18.4%
Ramsey County 43269 20.9%
Washington County 23147 30.4%
Wright County 18133 16.7%
Carver County 1557 46.7%
Scott County 14121 7.1%
Blue Earth County 1473 21.4%
Goodhue County 1182 18.2%

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: 477 applications in 2025, of which 304 were originated and 111 denied.

23.3% of all applications, or 26.6% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Kind Lending originated in Minnesota in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Kind 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