Mortgage Right · Minnesota · 2025

Mortgage Right in Minnesota: approval rate, denial rate and rates (2025)

Mortgage Right took 9 mortgage applications in Minnesota in 2025, ranking #479 of 870 lenders active in the state. It originated 55.6% of them and denied 0.0% (0.0% of the applications it decided), against a statewide denial rate of 13.6%.

9Applicationsin MN
0.0%Decision denial ratestate 16.4%
5.75%Median ratestate 6.63%
$245,000Median loanstate $215,000
$1.5MVolume8 counties

Mortgage Right in Minnesota vs the state

0.0%Denial rate-13.60 pts vs state
0.0%Decision denial rate-16.35 pts vs state
55.6%Origination rate-10.81 pts vs state
5.75%Median rate-0.88 pts vs state
-0.14Rate spread (pts)-0.39 pts vs state
$73kMedian applicant income
5Loans originated
0Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231040.0%6.94%#454
20245120.0%6.88%#526
2025950.0%5.75%#479

What Mortgage Right lends in Minnesota

By loan purpose

Home purchase 1 11% · 0.0% denied
Refinance 6 67% · 0.0% denied
Cash-out refinance 2 22% · 0.0% denied

By loan type

Conventional 2 22% · 0.0% denied
FHA 5 56% · 0.0% denied
VA 2 22% · 0.0% denied

Where in Minnesota

Counties with the most Mortgage Right applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 210 0.0%
Goodhue County 100 0.0%
Stearns County 100 0.0%
Kanabec County 110 0.0%
Anoka County 110 0.0%
Carver County 110 0.0%
St. Louis County 100 0.0%
Ramsey 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: 9 applications in 2025, of which 5 were originated and 0 denied.

0.0% of all applications, or 0.0% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Mortgage Right originated in Minnesota in 2025 was 5.75%, against a statewide median of 6.63%.

About this data. Figures are Mortgage Right'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