Nations Lending in Minnesota vs the state
3.0%Denial rate-10.59 pts vs state
3.1%Decision denial rate-13.21 pts vs state
86.1%Origination rate+19.77 pts vs state
6.63%Median rate0.00 pts vs state
0.37Rate spread (pts)+0.11 pts vs state
$92kMedian applicant income
143Loans originated
5Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 228 | 204 | 3.5% | 6.88% | #113 |
| 2024 | 284 | 237 | 3.9% | 6.88% | #101 |
| 2025 | 166 | 143 | 3.0% | 6.63% | #152 |
What Nations Lending lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Nations Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 29 | 24 | 1 | 3.4% |
| Ramsey County | 17 | 15 | 1 | 5.9% |
| Anoka County | 13 | 12 | 1 | 7.7% |
| Polk County | 11 | 11 | 0 | 0.0% |
| Washington County | 11 | 11 | 0 | 0.0% |
| St. Louis County | 10 | 9 | 0 | 0.0% |
| Dakota County | 10 | 7 | 0 | 0.0% |
| Carlton County | 6 | 5 | 0 | 0.0% |
| Becker County | 6 | 5 | 0 | 0.0% |
| Olmsted County | 5 | 5 | 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: 166 applications in 2025, of which 143 were originated and 5 denied.
3.0% of all applications, or 3.1% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Nations Lending originated in Minnesota in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Nations Lending'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