Northpointe Bank · Minnesota · 2025

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

Northpointe Bank took 46 mortgage applications in Minnesota in 2025, ranking #306 of 870 lenders active in the state. It originated 58.7% of them and denied 4.4% (6.9% of the applications it decided), against a statewide denial rate of 13.6%.

46Applicationsin MN
6.9%Decision denial ratestate 16.4%
6.25%Median ratestate 6.63%
$490,000Median loanstate $215,000
$13MVolume18 counties

Northpointe Bank in Minnesota vs the state

4.4%Denial rate-9.25 pts vs state
6.9%Decision denial rate-9.45 pts vs state
58.7%Origination rate-7.67 pts vs state
6.25%Median rate-0.38 pts vs state
-0.26Rate spread (pts)-0.51 pts vs state
$190kMedian applicant income
27Loans originated
2Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
202386580.0%6.50%#202
202438250.0%6.25%#304
202546274.4%6.25%#306

What Northpointe Bank lends in Minnesota

By loan purpose

Home purchase 17 37% · 0.0% denied
Refinance 22 48% · 9.1% denied
Cash-out refinance 6 13% · 0.0% denied
Other / HELOC 1 2% · 0.0% denied

By loan type

Conventional 43 93% · 2.3% denied
FHA 2 4% · 50.0% denied
VA 1 2% · 0.0% denied

Why it denied Minnesota applicants

Debt-to-income ratio 1 50%
Collateral 1 50%

Where in Minnesota

Counties with the most Northpointe Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 1481 7.1%
Dakota County 530 0.0%
Ramsey County 401 25.0%
Nicollet County 320 0.0%
Scott County 330 0.0%
Wright County 310 0.0%
Anoka County 200 0.0%
Carver County 220 0.0%
Crow Wing County 100 0.0%
Olmsted County 100 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: 46 applications in 2025, of which 27 were originated and 2 denied.

4.4% of all applications, or 6.9% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Northpointe Bank originated in Minnesota in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Northpointe 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