OCMBC in Minnesota vs the state
15.4%Denial rate+1.84 pts vs state
20.2%Decision denial rate+3.84 pts vs state
49.3%Origination rate-17.11 pts vs state
7.31%Median rate+0.69 pts vs state
1.25Rate spread (pts)+0.99 pts vs state
$131kMedian applicant income
67Loans originated
21Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 50 | 18 | 46.0% | 8.50% | #274 |
| 2024 | 109 | 49 | 26.6% | 8.13% | #179 |
| 2025 | 136 | 67 | 15.4% | 7.31% | #170 |
What OCMBC lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most OCMBC applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 38 | 20 | 5 | 13.2% |
| Anoka County | 12 | 6 | 4 | 33.3% |
| Ramsey County | 11 | 4 | 2 | 18.2% |
| Scott County | 9 | 3 | 2 | 22.2% |
| Steele County | 8 | 6 | 0 | 0.0% |
| Washington County | 7 | 6 | 0 | 0.0% |
| Wright County | 7 | 4 | 0 | 0.0% |
| Olmsted County | 5 | 3 | 0 | 0.0% |
| Dakota County | 5 | 1 | 2 | 40.0% |
| Sherburne County | 3 | 2 | 0 | 0.0% |
Other large lenders in Minnesota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 8,694 | 10.6% | 6.38% |
| U.S. Bank | D | 8,624 | 30.4% | 7.88% |
| Bell Bank | A | 7,987 | 5.3% | 6.63% |
| Rocket Mortgage | C | 7,630 | 16.3% | 6.63% |
| Trustone Financial Credit Union | C | 6,066 | 20.0% | 7.25% |
| Affinity Plus | C | 5,438 | 14.6% | 6.63% |
| Blaze Credit Union | B | 4,074 | 12.3% | 6.38% |
| Wings Financial Credit Union | A | 3,960 | 16.4% | 7.25% |
| Crosscountry Mortgage | B | 3,942 | 2.1% | 6.63% |
| Fairway Independent Mortgage | B | 3,327 | 3.2% | 6.75% |
Frequently asked questions
Minnesota: 136 applications in 2025, of which 67 were originated and 21 denied.
15.4% of all applications, or 20.2% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans OCMBC originated in Minnesota in 2025 was 7.31%, against a statewide median of 6.63%.
About this data. Figures are OCMBC'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