Kodabank in Minnesota vs the state
0.0%Denial rate-13.60 pts vs state
0.0%Decision denial rate-16.35 pts vs state
97.6%Origination rate+31.19 pts vs state
—Median rate
—Rate spread (pts)
$146kMedian applicant income
40Loans originated
0Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 19 | 17 | 10.5% | — | #387 |
| 2024 | 37 | 36 | 2.7% | — | #309 |
| 2025 | 41 | 40 | 0.0% | — | #316 |
What Kodabank lends in Minnesota
By loan purpose
By loan type
Where in Minnesota
Counties with the most Kodabank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Beltrami County | 11 | 10 | 0 | 0.0% |
| Marshall County | 8 | 8 | 0 | 0.0% |
| Kittson County | 4 | 4 | 0 | 0.0% |
| Polk County | 3 | 3 | 0 | 0.0% |
| Clay County | 2 | 2 | 0 | 0.0% |
| Becker County | 2 | 2 | 0 | 0.0% |
| Sherburne County | 1 | 1 | 0 | 0.0% |
| Hubbard County | 1 | 1 | 0 | 0.0% |
| Dakota County | 1 | 1 | 0 | 0.0% |
| Crow Wing County | 1 | 1 | 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: 41 applications in 2025, of which 40 were originated and 0 denied.
0.0% of all applications, or 0.0% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).
About this data. Figures are Kodabank'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