Lima One Capital · Minnesota · 2025

Lima One Capital in Minnesota: approval rate, denial rate and rates (2025)

Lima One Capital took 10 mortgage applications in Minnesota in 2025, ranking #471 of 870 lenders active in the state. It originated 40.0% of them and denied 60.0% (60.0% of the applications it decided), against a statewide denial rate of 13.6%.

10Applicationsin MN
60.0%Decision denial ratestate 16.4%
7.48%Median ratestate 6.63%
$255,000Median loanstate $215,000
$1.1MVolume5 counties

Lima One Capital in Minnesota vs the state

60.0%Denial rate+46.40 pts vs state
60.0%Decision denial rate+43.65 pts vs state
40.0%Origination rate-26.37 pts vs state
7.48%Median rate+0.85 pts vs state
Rate spread (pts)
Median applicant income
4Loans originated
6Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023880.0%8.85%#480
202414714.3%8.40%#419
202510460.0%7.48%#471

What Lima One Capital lends in Minnesota

By loan purpose

Home purchase 4 40% · 50.0% denied
Cash-out refinance 6 60% · 66.7% denied

By loan type

Conventional 10 100% · 60.0% denied

Why it denied Minnesota applicants

Collateral 3 50%
Credit history 2 33%
Insufficient cash 1 17%

Where in Minnesota

Counties with the most Lima One Capital applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 615 83.3%
Chisago County 101 100.0%
Carver County 110 0.0%
Scott County 110 0.0%
St. Louis 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: 10 applications in 2025, of which 4 were originated and 6 denied.

60.0% of all applications, or 60.0% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Lima One Capital originated in Minnesota in 2025 was 7.48%, against a statewide median of 6.63%.

About this data. Figures are Lima One Capital'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