Nationstar Mortgage · Minnesota · 2025

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

Nationstar Mortgage took 1,158 mortgage applications in Minnesota in 2025, ranking #36 of 870 lenders active in the state. It originated 68.7% of them and denied 13.2% (15.7% of the applications it decided), against a statewide denial rate of 13.6%.

1.2kApplicationsin MN
15.7%Decision denial ratestate 16.4%
8.25%Median ratestate 6.63%
$105,000Median loanstate $215,000
$131MVolume80 counties

Nationstar Mortgage in Minnesota vs the state

13.2%Denial rate-0.39 pts vs state
15.7%Decision denial rate-0.69 pts vs state
68.7%Origination rate+2.28 pts vs state
8.25%Median rate+1.63 pts vs state
2.63Rate spread (pts)+2.38 pts vs state
$102kMedian applicant income
795Loans originated
153Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
202355637313.3%6.49%#61
202487858315.3%7.50%#49
20251,15879513.2%8.25%#36

What Nationstar Mortgage lends in Minnesota

By loan purpose

Home purchase 114 10% · 10.5% denied
Refinance 157 14% · 12.7% denied
Cash-out refinance 303 26% · 15.2% denied
Home improvement 117 10% · 17.1% denied
Other / HELOC 467 40% · 11.8% denied

By loan type

Conventional 971 84% · 11.6% denied
FHA 140 12% · 20.7% denied
VA 47 4% · 23.4% denied

Why it denied Minnesota applicants

Collateral 47 31%
Debt-to-income ratio 41 27%
Other 26 17%
Incomplete application 13 8%
Credit history 12 8%
Unverifiable information 10 7%
Employment history 4 3%

Where in Minnesota

Counties with the most Nationstar Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 20212925 12.4%
Dakota County 1168711 9.5%
Anoka County 906810 11.1%
Ramsey County 664211 16.7%
Washington County 58467 12.1%
Wright County 45361 2.2%
Scott County 42295 11.9%
St. Louis County 40273 7.5%
Sherburne County 37272 5.4%
Carver County 27193 11.1%

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: 1,158 applications in 2025, of which 795 were originated and 153 denied.

13.2% of all applications, or 15.7% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Nationstar Mortgage originated in Minnesota in 2025 was 8.25%, against a statewide median of 6.63%.

About this data. Figures are Nationstar 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