Nations Direct Mortgage in Minnesota vs the state
10.7%Denial rate-2.89 pts vs state
11.5%Decision denial rate-4.81 pts vs state
82.1%Origination rate+15.77 pts vs state
6.98%Median rate+0.36 pts vs state
0.52Rate spread (pts)+0.27 pts vs state
$110kMedian applicant income
23Loans originated
3Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 13 | 5 | 23.1% | 6.75% | #426 |
| 2024 | 28 | 22 | 0.0% | 6.50% | #347 |
| 2025 | 28 | 23 | 10.7% | 6.98% | #348 |
What Nations Direct Mortgage lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Nations Direct Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Ramsey County | 6 | 6 | 0 | 0.0% |
| Anoka County | 6 | 6 | 0 | 0.0% |
| Hennepin County | 5 | 4 | 1 | 20.0% |
| Washington County | 4 | 2 | 2 | 50.0% |
| Wright County | 2 | 2 | 0 | 0.0% |
| Carver County | 1 | 1 | 0 | 0.0% |
| Itasca County | 1 | 1 | 0 | 0.0% |
| Houston County | 1 | 1 | 0 | 0.0% |
| Yellow Medicine County | 1 | 0 | 0 | 0.0% |
| Kanabec 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 23 were originated and 3 denied.
10.7% of all applications, or 11.5% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Nations Direct Mortgage originated in Minnesota in 2025 was 6.98%, against a statewide median of 6.63%.
About this data. Figures are Nations Direct 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