Peoples State Bank of Plainview · Minnesota · 2025

Peoples State Bank of Plainview in Minnesota: approval rate, denial rate and rates (2025)

Peoples State Bank of Plainview took 156 mortgage applications in Minnesota in 2025, ranking #158 of 870 lenders active in the state. It originated 85.3% of them and denied 7.1% (7.1% of the applications it decided), against a statewide denial rate of 13.6%.

156Applicationsin MN
7.1%Decision denial ratestate 16.4%
Median ratestate 6.63%
$150,000Median loanstate $215,000
$26MVolume16 counties

Peoples State Bank of Plainview in Minnesota vs the state

7.1%Denial rate-6.55 pts vs state
7.1%Decision denial rate-9.30 pts vs state
85.3%Origination rate+18.89 pts vs state
Median rate
Rate spread (pts)
$108kMedian applicant income
133Loans originated
11Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231481356.8%#142
20241111070.9%#175
20251561337.1%#158

What Peoples State Bank of Plainview lends in Minnesota

By loan purpose

Home purchase 83 53% · 7.2% denied
Refinance 29 19% · 3.5% denied
Cash-out refinance 1 1% · 0.0% denied
Home improvement 25 16% · 16.0% denied
Other / HELOC 18 12% · 0.0% denied

By loan type

Conventional 155 99% · 7.1% denied
USDA / RHS 1 1% · 0.0% denied

Where in Minnesota

Counties with the most Peoples State Bank of Plainview applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wabasha County 836510 12.0%
Olmsted County 37361 2.7%
Winona County 15140 0.0%
Dodge County 440 0.0%
Washington County 320 0.0%
Goodhue County 220 0.0%
Dakota County 210 0.0%
Fillmore County 220 0.0%
Blue Earth County 110 0.0%
Le Sueur County 110 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: 156 applications in 2025, of which 133 were originated and 11 denied.

7.1% of all applications, or 7.1% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Peoples State Bank of Plainview'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