Leader Bank · Minnesota · 2025

Leader Bank in Minnesota: approval rate, denial rate and rates (2025)

Leader Bank took 20 mortgage applications in Minnesota in 2025, ranking #389 of 870 lenders active in the state. It originated 80.0% of them and denied 0.0% (0.0% of the applications it decided), against a statewide denial rate of 13.6%.

20Applicationsin MN
0.0%Decision denial ratestate 16.4%
6.50%Median ratestate 6.63%
$285,000Median loanstate $215,000
$5.1MVolume10 counties

Leader Bank in Minnesota vs the state

0.0%Denial rate-13.60 pts vs state
0.0%Decision denial rate-16.35 pts vs state
80.0%Origination rate+13.63 pts vs state
6.50%Median rate-0.13 pts vs state
0.10Rate spread (pts)-0.15 pts vs state
$157kMedian applicant income
16Loans originated
0Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023860.0%6.31%#473
20241290.0%6.75%#428
202520160.0%6.50%#389

What Leader Bank lends in Minnesota

By loan purpose

Home purchase 12 60% · 0.0% denied
Refinance 1 5% · 0.0% denied
Cash-out refinance 4 20% · 0.0% denied
Other / HELOC 3 15% · 0.0% denied

By loan type

Conventional 20 100% · 0.0% denied

Where in Minnesota

Counties with the most Leader Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 650 0.0%
Ramsey County 330 0.0%
Dakota County 210 0.0%
Mower County 210 0.0%
Crow Wing County 220 0.0%
Goodhue County 110 0.0%
Pope County 100 0.0%
Scott County 110 0.0%
Washington County 110 0.0%
Itasca County 110 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: 20 applications in 2025, of which 16 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%.

The median rate on loans Leader Bank originated in Minnesota in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Leader 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