Movement Mortgage · Minnesota · 2025

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

Movement Mortgage took 634 mortgage applications in Minnesota in 2025, ranking #67 of 870 lenders active in the state. It originated 78.4% of them and denied 2.5% (2.9% of the applications it decided), against a statewide denial rate of 13.6%.

634Applicationsin MN
2.9%Decision denial ratestate 16.4%
6.75%Median ratestate 6.63%
$265,000Median loanstate $215,000
$127MVolume38 counties

Movement Mortgage in Minnesota vs the state

2.5%Denial rate-11.08 pts vs state
2.9%Decision denial rate-13.46 pts vs state
78.4%Origination rate+12.02 pts vs state
6.75%Median rate+0.13 pts vs state
0.37Rate spread (pts)+0.12 pts vs state
$89kMedian applicant income
497Loans originated
16Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20239497414.3%6.75%#36
20241,0488283.2%6.99%#37
20256344972.5%6.75%#67

What Movement Mortgage lends in Minnesota

By loan purpose

Home purchase 519 82% · 2.7% denied
Refinance 65 10% · 1.5% denied
Cash-out refinance 38 6% · 0.0% denied
Home improvement 2 0% · 0.0% denied
Other / HELOC 10 2% · 10.0% denied

By loan type

Conventional 519 82% · 2.5% denied
FHA 86 14% · 2.3% denied
VA 29 5% · 3.5% denied

Why it denied Minnesota applicants

Collateral 6 38%
Other 4 25%
Debt-to-income ratio 3 19%
Insufficient cash 2 13%
Credit history 1 6%

Where in Minnesota

Counties with the most Movement Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 1631324 2.5%
Ramsey County 1361095 3.7%
Dakota County 68511 1.5%
Washington County 49390 0.0%
Anoka County 38280 0.0%
Scott County 25210 0.0%
Wright County 24163 12.5%
Rice County 14120 0.0%
Mower County 13110 0.0%
Sherburne County 12100 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: 634 applications in 2025, of which 497 were originated and 16 denied.

2.5% of all applications, or 2.9% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Movement Mortgage originated in Minnesota in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Movement Mortgage'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