Nexera Holding · Minnesota · 2025

Nexera Holding in Minnesota: approval rate, denial rate and rates (2025)

Nexera Holding took 47 mortgage applications in Minnesota in 2025, ranking #303 of 870 lenders active in the state. It originated 48.9% of them and denied 12.8% (20.7% of the applications it decided), against a statewide denial rate of 13.6%.

47Applicationsin MN
20.7%Decision denial ratestate 16.4%
7.25%Median ratestate 6.63%
$315,000Median loanstate $215,000
$9.7MVolume16 counties

Nexera Holding in Minnesota vs the state

12.8%Denial rate-0.83 pts vs state
20.7%Decision denial rate+4.34 pts vs state
48.9%Origination rate-17.43 pts vs state
7.25%Median rate+0.63 pts vs state
0.73Rate spread (pts)+0.47 pts vs state
$186kMedian applicant income
23Loans originated
6Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232390.0%9.25%#374
202440250.0%7.50%#299
2025472312.8%7.25%#303

What Nexera Holding lends in Minnesota

By loan purpose

Home purchase 20 43% · 0.0% denied
Refinance 12 26% · 25.0% denied
Cash-out refinance 15 32% · 20.0% denied

By loan type

Conventional 45 96% · 13.3% denied
FHA 2 4% · 0.0% denied

Why it denied Minnesota applicants

Other 4 67%
Incomplete application 1 17%
Credit history 1 17%

Where in Minnesota

Counties with the most Nexera Holding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 1673 18.8%
Anoka County 741 14.3%
Sherburne County 321 33.3%
Washington County 310 0.0%
Wright County 210 0.0%
Crow Wing County 210 0.0%
Kandiyohi County 210 0.0%
Todd County 210 0.0%
Ramsey County 210 0.0%
Dakota County 200 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: 47 applications in 2025, of which 23 were originated and 6 denied.

12.8% of all applications, or 20.7% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Nexera Holding originated in Minnesota in 2025 was 7.25%, against a statewide median of 6.63%.

About this data. Figures are Nexera Holding'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