Lendingone · Minnesota · 2025

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

Lendingone took 191 mortgage applications in Minnesota in 2025, ranking #140 of 870 lenders active in the state. It originated 7.9% of them and denied 13.1% (62.5% of the applications it decided), against a statewide denial rate of 13.6%.

191Applicationsin MN
62.5%Decision denial ratestate 16.4%
7.38%Median ratestate 6.63%
$185,000Median loanstate $215,000
$3.5MVolume28 counties

Lendingone in Minnesota vs the state

13.1%Denial rate-0.51 pts vs state
62.5%Decision denial rate+46.15 pts vs state
7.9%Origination rate-58.52 pts vs state
7.38%Median rate+0.75 pts vs state
Rate spread (pts)
Median applicant income
15Loans originated
25Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
202352469.2%7.21%#265
202453971.7%9.50%#259
20251911513.1%7.38%#140

What Lendingone lends in Minnesota

By loan purpose

Home purchase 119 62% · 10.1% denied
Refinance 17 9% · 35.3% denied
Cash-out refinance 47 25% · 12.8% denied
Home improvement 8 4% · 12.5% denied

By loan type

Conventional 191 100% · 13.1% denied

Why it denied Minnesota applicants

Debt-to-income ratio 12 48%
Unverifiable information 7 28%
Collateral 4 16%
Credit history 2 8%

Where in Minnesota

Counties with the most Lendingone applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 76410 13.2%
Ramsey County 3212 6.3%
Dakota County 1111 9.1%
Anoka County 711 14.3%
St. Louis County 700 0.0%
Nobles County 741 14.3%
Carver County 610 0.0%
Stearns County 501 20.0%
Washington County 500 0.0%
Chisago County 400 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: 191 applications in 2025, of which 15 were originated and 25 denied.

13.1% of all applications, or 62.5% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Lendingone originated in Minnesota in 2025 was 7.38%, against a statewide median of 6.63%.

About this data. Figures are Lendingone'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