Mortgage Access in Minnesota vs the state
3.6%Denial rate-10.03 pts vs state
4.8%Decision denial rate-11.59 pts vs state
71.4%Origination rate+5.06 pts vs state
6.25%Median rate-0.38 pts vs state
-0.02Rate spread (pts)-0.28 pts vs state
$210kMedian applicant income
20Loans originated
1Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 18 | 10 | 5.6% | 7.00% | #397 |
| 2024 | 26 | 17 | 3.9% | 6.99% | #355 |
| 2025 | 28 | 20 | 3.6% | 6.25% | #347 |
What Mortgage Access lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Mortgage Access applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 13 | 8 | 1 | 7.7% |
| Anoka County | 3 | 2 | 0 | 0.0% |
| St. Louis County | 2 | 2 | 0 | 0.0% |
| Wright County | 2 | 1 | 0 | 0.0% |
| Roseau County | 2 | 2 | 0 | 0.0% |
| Dakota County | 2 | 2 | 0 | 0.0% |
| Carver County | 1 | 1 | 0 | 0.0% |
| Washington County | 1 | 1 | 0 | 0.0% |
| Beltrami County | 1 | 1 | 0 | 0.0% |
| Scott County | 1 | 0 | 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: 28 applications in 2025, of which 20 were originated and 1 denied.
3.6% of all applications, or 4.8% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Mortgage Access originated in Minnesota in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are Mortgage Access'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