Manufacturers and Traders Trust in Minnesota vs the state
15.2%Denial rate+1.62 pts vs state
24.1%Decision denial rate+7.79 pts vs state
47.8%Origination rate-18.54 pts vs state
6.06%Median rate-0.56 pts vs state
0.46Rate spread (pts)+0.21 pts vs state
$93kMedian applicant income
22Loans originated
7Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 36 | 19 | 22.2% | 6.38% | #317 |
| 2024 | 37 | 18 | 18.9% | 6.25% | #308 |
| 2025 | 46 | 22 | 15.2% | 6.06% | #308 |
What Manufacturers and Traders Trust lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Manufacturers and Traders Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 7 | 5 | 0 | 0.0% |
| Ramsey County | 4 | 2 | 0 | 0.0% |
| Anoka County | 4 | 1 | 1 | 25.0% |
| Dakota County | 4 | 2 | 1 | 25.0% |
| Goodhue County | 3 | 1 | 1 | 33.3% |
| St. Louis County | 3 | 0 | 1 | 33.3% |
| Le Sueur County | 2 | 0 | 2 | 100.0% |
| Sherburne County | 2 | 1 | 0 | 0.0% |
| Renville County | 2 | 0 | 0 | 0.0% |
| Wright County | 2 | 2 | 0 | 0.0% |
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: 46 applications in 2025, of which 22 were originated and 7 denied.
15.2% of all applications, or 24.1% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Manufacturers and Traders Trust originated in Minnesota in 2025 was 6.06%, against a statewide median of 6.63%.
About this data. Figures are Manufacturers and Traders Trust'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