Minnstar Bank · Minnesota · 2025

Minnstar Bank in Minnesota: approval rate, denial rate and rates (2025)

Minnstar Bank took 60 mortgage applications in Minnesota in 2025, ranking #267 of 870 lenders active in the state. It originated 96.7% of them and denied 1.7% (1.7% of the applications it decided), against a statewide denial rate of 13.6%.

60Applicationsin MN
1.7%Decision denial ratestate 16.4%
Median ratestate 6.63%
$195,000Median loanstate $215,000
$16MVolume16 counties

Minnstar Bank in Minnesota vs the state

1.7%Denial rate-11.93 pts vs state
1.7%Decision denial rate-14.66 pts vs state
96.7%Origination rate+30.30 pts vs state
Median rate
Rate spread (pts)
$166kMedian applicant income
58Loans originated
1Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
202351492.0%#271
202446414.4%#274
202560581.7%#267

What Minnstar Bank lends in Minnesota

By loan purpose

Home purchase 25 42% · 4.0% denied
Refinance 26 43% · 0.0% denied
Cash-out refinance 1 2% · 0.0% denied
Home improvement 1 2% · 0.0% denied
Other / HELOC 7 12% · 0.0% denied

By loan type

Conventional 60 100% · 1.7% denied

Why it denied Minnesota applicants

Credit history 1 100%

Where in Minnesota

Counties with the most Minnstar Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Blue Earth County 32320 0.0%
Nicollet County 871 12.5%
Le Sueur County 550 0.0%
Carver County 330 0.0%
Brown County 110 0.0%
Rice County 110 0.0%
Kandiyohi County 110 0.0%
Anoka County 110 0.0%
Dakota County 100 0.0%
Nobles 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: 60 applications in 2025, of which 58 were originated and 1 denied.

1.7% of all applications, or 1.7% 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 Minnstar Bank'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