Mortgage lender · Sandstone, MN · LEI 549300VJ9DGB4OZNPL63

Northview Bank review: approval odds, rates and grade (2025)

Northview Bank earns an F, in the bottom tier of small mortgage lenders. It turned down 23.1% of the applications it decided on in 2025, which ranks in the 15th percentile for approval odds. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

439Applications2025
57.0%Originatedof applications
23.1%Decision denial ratenational 22.6%
Median ratenational 6.63%
$63MLoan volume7 states

Northview Bank at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

17.1%Denial rate (all applications)-0.90 pts vs national
23.1%Denial rate (decided applications)+0.49 pts vs national
57.0%Origination rate-1.08 pts vs national
17.1%Withdrawn by applicant
8.9%Closed for incompleteness
Median interest rate
Median rate spread (pts over APOR)
$185,000Median loan amount
Median total loan costs
$108kMedian applicant income
Median loan-to-value
0High-cost (HOEPA) loans

How the F grade breaks down

Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

15th23.1% denied

Processwithdrawn + incomplete share, weight 15%

9th26.0%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202344924517.8%24.2%6.89%$48M
202441821518.7%26.6%$46M
202543925017.1%23.1%$63M

What Northview Bank lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 311 71% · 13.8% denied
Refinance 13 3% · 7.7% denied
Cash-out refinance 52 12% · 23.1% denied
Home improvement 7 2% · 0.0% denied
Other / HELOC 56 13% · 33.9% denied

By loan type

Conventional 429 98% · 16.8% denied
FHA 6 1% · 33.3% denied
VA 3 1% · 33.3% denied
USDA / RHS 1 0% · 0.0% denied

Also: 0 home-equity lines, 0 reverse mortgages, 74 manufactured homes, 23 investment properties.

Who gets approved at Northview Bank

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k551462.2%
$50k – $100k1396930.3%
$100k – $150k794622.0%
$150k – $250k86678.2%
Over $250k61377.5%
Applicant ageApplicationsOriginatedDecision denial rate
Under 25271233.3%
25–34663028.6%
35–44985621.1%
45–54936116.4%
55–641005531.3%
65–74331722.7%

Where Northview Bank lends

7 states and 56 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Minnesota40423217.1%#94
Wisconsin301613.3%#387

Frequently asked questions

Northview Bank denied 23.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 15th percentile of small mortgage lenders.

In 2025, 71% of its applications were for home purchases, 15% for refinancing (including cash-out), and 14% for home improvement or other purposes. By loan type: 98% conventional, 1% FHA, 1% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Northview Bank. Data sources · Methodology