Leaderone Financial · Minnesota · 2025

Leaderone Financial in Minnesota: approval rate, denial rate and rates (2025)

Leaderone Financial took 8 mortgage applications in Minnesota in 2025, ranking #501 of 870 lenders active in the state. It originated 25.0% of them and denied 12.5% (33.3% of the applications it decided), against a statewide denial rate of 13.6%.

8Applicationsin MN
33.3%Decision denial ratestate 16.4%
7.06%Median ratestate 6.63%
$170,000Median loanstate $215,000
$410kVolume8 counties

Leaderone Financial in Minnesota vs the state

12.5%Denial rate-1.10 pts vs state
33.3%Decision denial rate+16.98 pts vs state
25.0%Origination rate-41.37 pts vs state
7.06%Median rate+0.44 pts vs state
1.39Rate spread (pts)+1.13 pts vs state
$102kMedian applicant income
2Loans originated
1Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023453317.8%6.93%#284
202417125.9%6.56%#398
20258212.5%7.06%#501

What Leaderone Financial lends in Minnesota

By loan purpose

Home purchase 4 50% · 25.0% denied
Refinance 2 25% · 0.0% denied
Cash-out refinance 2 25% · 0.0% denied

By loan type

Conventional 6 75% · 0.0% denied
FHA 1 13% · 100.0% denied
VA 1 13% · 0.0% denied

Why it denied Minnesota applicants

Debt-to-income ratio 1 100%

Where in Minnesota

Counties with the most Leaderone Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Olmsted County 110 0.0%
Watonwan County 100 0.0%
Clay County 100 0.0%
Lyon County 100 0.0%
Renville County 101 100.0%
Waseca County 100 0.0%
Crow Wing County 110 0.0%
Dakota County 100 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: 8 applications in 2025, of which 2 were originated and 1 denied.

12.5% of all applications, or 33.3% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Leaderone Financial originated in Minnesota in 2025 was 7.06%, against a statewide median of 6.63%.

About this data. Figures are Leaderone Financial'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