Logan Finance · Minnesota · 2025

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

Logan Finance took 6 mortgage applications in Minnesota in 2025, ranking #523 of 870 lenders active in the state. It originated 16.7% of them and denied 33.3% (66.7% of the applications it decided), against a statewide denial rate of 13.6%.

6Applicationsin MN
66.7%Decision denial ratestate 16.4%
7.75%Median ratestate 6.63%
$255,000Median loanstate $215,000
$255kVolume4 counties

Logan Finance in Minnesota vs the state

33.3%Denial rate+19.73 pts vs state
66.7%Decision denial rate+50.32 pts vs state
16.7%Origination rate-49.70 pts vs state
7.75%Median rate+1.12 pts vs state
Rate spread (pts)
$360kMedian applicant income
1Loans originated
2Denied

What Logan Finance lends in Minnesota

By loan purpose

Home purchase 2 33% · 0.0% denied
Cash-out refinance 4 67% · 50.0% denied

By loan type

Conventional 6 100% · 33.3% denied

Why it denied Minnesota applicants

Collateral 1 50%
Credit history 1 50%

Where in Minnesota

Counties with the most Logan Finance applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Crow Wing County 302 66.7%
Dakota County 100 0.0%
St. Louis County 110 0.0%
Anoka 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: 6 applications in 2025, of which 1 were originated and 2 denied.

33.3% of all applications, or 66.7% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Logan Finance originated in Minnesota in 2025 was 7.75%, against a statewide median of 6.63%.

About this data. Figures are Logan Finance'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