NBKC Bank · Minnesota · 2025

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

NBKC Bank took 170 mortgage applications in Minnesota in 2025, ranking #149 of 870 lenders active in the state. It originated 54.7% of them and denied 10.0% (15.3% of the applications it decided), against a statewide denial rate of 13.6%.

170Applicationsin MN
15.3%Decision denial ratestate 16.4%
6.13%Median ratestate 6.63%
$365,000Median loanstate $215,000
$37MVolume31 counties

NBKC Bank in Minnesota vs the state

10.0%Denial rate-3.60 pts vs state
15.3%Decision denial rate-1.03 pts vs state
54.7%Origination rate-11.66 pts vs state
6.13%Median rate-0.50 pts vs state
-0.18Rate spread (pts)-0.44 pts vs state
$143kMedian applicant income
93Loans originated
17Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023152897.9%6.50%#139
20241711154.7%6.38%#141
20251709310.0%6.13%#149

What NBKC Bank lends in Minnesota

By loan purpose

Home purchase 101 59% · 9.9% denied
Refinance 45 26% · 2.2% denied
Cash-out refinance 15 9% · 40.0% denied
Other / HELOC 9 5% · 0.0% denied

By loan type

Conventional 145 85% · 8.3% denied
FHA 5 3% · 60.0% denied
VA 20 12% · 10.0% denied

Why it denied Minnesota applicants

Unverifiable information 8 47%
Debt-to-income ratio 4 24%
Credit history 3 18%
Collateral 2 12%

Where in Minnesota

Counties with the most NBKC Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 65405 7.7%
Ramsey County 1672 12.5%
Anoka County 1270 0.0%
Washington County 1170 0.0%
Carver County 850 0.0%
Dakota County 850 0.0%
St. Louis County 520 0.0%
Crow Wing County 504 80.0%
Cass County 420 0.0%
Rice County 421 25.0%

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: 170 applications in 2025, of which 93 were originated and 17 denied.

10.0% of all applications, or 15.3% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans NBKC Bank originated in Minnesota in 2025 was 6.13%, against a statewide median of 6.63%.

About this data. Figures are NBKC Bank'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