Performance Equity Partners in Minnesota vs the state
66.7%Denial rate+53.07 pts vs state
77.0%Decision denial rate+60.66 pts vs state
1.0%Origination rate-65.37 pts vs state
14.03%Median rate+7.40 pts vs state
8.27Rate spread (pts)+8.01 pts vs state
$54kMedian applicant income
2Loans originated
134Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 16 | 3 | 31.3% | 14.40% | #409 |
| 2024 | 25 | 1 | 84.0% | 14.50% | #364 |
| 2025 | 201 | 2 | 66.7% | 14.03% | #139 |
What Performance Equity Partners lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
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: 201 applications in 2025, of which 2 were originated and 134 denied.
66.7% of all applications, or 77.0% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Performance Equity Partners originated in Minnesota in 2025 was 14.03%, against a statewide median of 6.63%.
About this data. Figures are Performance Equity Partners'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