Mid-Continent Funding in Minnesota vs the state
14.3%Denial rate+0.69 pts vs state
28.6%Decision denial rate+12.22 pts vs state
28.6%Origination rate-37.80 pts vs state
6.56%Median rate-0.06 pts vs state
-0.24Rate spread (pts)-0.49 pts vs state
$110kMedian applicant income
4Loans originated
2Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 9 | 7 | 0.0% | 6.25% | #462 |
| 2024 | 7 | 3 | 0.0% | 6.50% | #482 |
| 2025 | 14 | 4 | 14.3% | 6.56% | #423 |
What Mid-Continent Funding lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Mid-Continent Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Washington County | 3 | 1 | 0 | 0.0% |
| Wright County | 2 | 0 | 0 | 0.0% |
| Anoka County | 1 | 0 | 0 | 0.0% |
| Otter Tail County | 1 | 0 | 0 | 0.0% |
| Morrison County | 1 | 1 | 0 | 0.0% |
| Redwood County | 1 | 0 | 1 | 100.0% |
| Blue Earth County | 1 | 0 | 0 | 0.0% |
| Mille Lacs County | 1 | 0 | 1 | 100.0% |
| Chisago County | 1 | 1 | 0 | 0.0% |
| Isanti County | 1 | 1 | 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: 14 applications in 2025, of which 4 were originated and 2 denied.
14.3% of all applications, or 28.6% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Mid-Continent Funding originated in Minnesota in 2025 was 6.56%, against a statewide median of 6.63%.
About this data. Figures are Mid-Continent Funding'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