Manufacturers Bank & Trust · Minnesota · 2025

Manufacturers Bank & Trust in Minnesota: approval rate, denial rate and rates (2025)

Manufacturers Bank & Trust took 104 mortgage applications in Minnesota in 2025, ranking #198 of 870 lenders active in the state. It originated 94.2% of them and denied 1.0% (1.0% of the applications it decided), against a statewide denial rate of 13.6%.

104Applicationsin MN
1.0%Decision denial ratestate 16.4%
Median ratestate 6.63%
$155,000Median loanstate $215,000
$19MVolume16 counties

Manufacturers Bank & Trust in Minnesota vs the state

1.0%Denial rate-12.64 pts vs state
1.0%Decision denial rate-15.37 pts vs state
94.2%Origination rate+27.86 pts vs state
Median rate
Rate spread (pts)
$91kMedian applicant income
98Loans originated
1Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
202382694.9%#208
202468622.9%#234
2025104981.0%#198

What Manufacturers Bank & Trust lends in Minnesota

By loan purpose

Home purchase 53 51% · 0.0% denied
Refinance 33 32% · 0.0% denied
Cash-out refinance 3 3% · 0.0% denied
Home improvement 8 8% · 0.0% denied
Other / HELOC 7 7% · 14.3% denied

By loan type

Conventional 104 100% · 1.0% denied

Where in Minnesota

Counties with the most Manufacturers Bank & Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Mower County 32291 3.1%
Olmsted County 23220 0.0%
Freeborn County 19190 0.0%
Dodge County 13120 0.0%
Steele County 550 0.0%
Wabasha County 220 0.0%
Carver County 110 0.0%
Martin County 110 0.0%
Hennepin County 110 0.0%
Mille Lacs 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: 104 applications in 2025, of which 98 were originated and 1 denied.

1.0% of all applications, or 1.0% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Manufacturers Bank & 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