Pentagon Federal Credit Union · Minnesota · 2025

Pentagon Federal Credit Union in Minnesota: approval rate, denial rate and rates (2025)

Pentagon Federal Credit Union took 176 mortgage applications in Minnesota in 2025, ranking #145 of 870 lenders active in the state. It originated 46.6% of them and denied 33.0% (40.9% of the applications it decided), against a statewide denial rate of 13.6%.

176Applicationsin MN
40.9%Decision denial ratestate 16.4%
7.75%Median ratestate 6.63%
$125,000Median loanstate $215,000
$16MVolume39 counties

Pentagon Federal Credit Union in Minnesota vs the state

33.0%Denial rate+19.35 pts vs state
40.9%Decision denial rate+24.50 pts vs state
46.6%Origination rate-19.78 pts vs state
7.75%Median rate+1.13 pts vs state
0.55Rate spread (pts)+0.30 pts vs state
$120kMedian applicant income
82Loans originated
58Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231987440.4%7.19%#125
20241746039.7%8.63%#139
20251768233.0%7.75%#145

What Pentagon Federal Credit Union lends in Minnesota

By loan purpose

Home purchase 45 26% · 33.3% denied
Refinance 33 19% · 27.3% denied
Cash-out refinance 10 6% · 70.0% denied
Home improvement 63 36% · 27.0% denied
Other / HELOC 25 14% · 40.0% denied

By loan type

Conventional 145 82% · 30.3% denied
FHA 9 5% · 44.4% denied
VA 22 13% · 45.5% denied

Why it denied Minnesota applicants

Other 15 26%
Credit history 15 26%
Collateral 14 24%
Debt-to-income ratio 12 21%
Employment history 1 2%
Unverifiable information 1 2%

Where in Minnesota

Counties with the most Pentagon Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 341711 32.4%
Dakota County 1785 29.4%
Ramsey County 1795 29.4%
Washington County 1146 54.5%
St. Louis County 1143 27.3%
Scott County 742 28.6%
Anoka County 741 14.3%
Carver County 732 28.6%
Stearns County 622 33.3%
Wright County 503 60.0%

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: 176 applications in 2025, of which 82 were originated and 58 denied.

33.0% of all applications, or 40.9% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Pentagon Federal Credit Union originated in Minnesota in 2025 was 7.75%, against a statewide median of 6.63%.

About this data. Figures are Pentagon Federal Credit Union'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