Mortgageone · Minnesota · 2025

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

Mortgageone took 5 mortgage applications in Minnesota in 2025, ranking #544 of 870 lenders active in the state. It originated 20.0% of them and denied 20.0% (33.3% of the applications it decided), against a statewide denial rate of 13.6%.

5Applicationsin MN
33.3%Decision denial ratestate 16.4%
6.88%Median ratestate 6.63%
$265,000Median loanstate $215,000
$385kVolume5 counties

Mortgageone in Minnesota vs the state

20.0%Denial rate+6.40 pts vs state
33.3%Decision denial rate+16.98 pts vs state
20.0%Origination rate-46.37 pts vs state
6.88%Median rate+0.25 pts vs state
0.88Rate spread (pts)+0.63 pts vs state
$74kMedian applicant income
1Loans originated
1Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023530.0%7.75%#528
20255120.0%6.88%#544

What Mortgageone lends in Minnesota

By loan purpose

Home purchase 4 80% · 25.0% denied
Refinance 1 20% · 0.0% denied

By loan type

Conventional 2 40% · 50.0% denied
FHA 1 20% · 0.0% denied
VA 2 40% · 0.0% denied

Why it denied Minnesota applicants

Insufficient cash 1 100%

Where in Minnesota

Counties with the most Mortgageone applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Winona County 100 0.0%
Stearns County 100 0.0%
Washington County 101 100.0%
Ramsey County 100 0.0%
Olmsted 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: 5 applications in 2025, of which 1 were originated and 1 denied.

20.0% of all applications, or 33.3% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Mortgageone originated in Minnesota in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are Mortgageone'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