Lennar Mortgage in Minnesota vs the state
3.3%Denial rate-10.28 pts vs state
3.9%Decision denial rate-12.42 pts vs state
80.9%Origination rate+14.49 pts vs state
5.88%Median rate-0.75 pts vs state
-0.19Rate spread (pts)-0.44 pts vs state
$140kMedian applicant income
1,365Loans originated
56Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,684 | 1,247 | 4.3% | 5.88% | #22 |
| 2024 | 1,827 | 1,450 | 5.3% | 5.99% | #22 |
| 2025 | 1,688 | 1,365 | 3.3% | 5.88% | #27 |
What Lennar Mortgage lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Lennar Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 305 | 259 | 5 | 1.6% |
| Dakota County | 290 | 222 | 8 | 2.8% |
| Wright County | 251 | 200 | 14 | 5.6% |
| Washington County | 234 | 171 | 12 | 5.1% |
| Anoka County | 223 | 184 | 3 | 1.3% |
| Carver County | 177 | 157 | 4 | 2.3% |
| Scott County | 95 | 85 | 3 | 3.2% |
| Sherburne County | 56 | 47 | 4 | 7.1% |
| Ramsey County | 35 | 25 | 2 | 5.7% |
| Olmsted County | 22 | 15 | 1 | 4.5% |
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: 1,688 applications in 2025, of which 1,365 were originated and 56 denied.
3.3% of all applications, or 3.9% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Lennar Mortgage originated in Minnesota in 2025 was 5.88%, against a statewide median of 6.63%.
About this data. Figures are Lennar Mortgage'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