Plaza Home Mortgage in Minnesota vs the state
15.6%Denial rate+2.03 pts vs state
17.1%Decision denial rate+0.79 pts vs state
73.8%Origination rate+7.44 pts vs state
6.38%Median rate-0.25 pts vs state
0.10Rate spread (pts)-0.15 pts vs state
$95kMedian applicant income
713Loans originated
151Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 425 | 323 | 5.9% | 6.75% | #79 |
| 2024 | 855 | 647 | 14.4% | 6.50% | #51 |
| 2025 | 966 | 713 | 15.6% | 6.38% | #49 |
What Plaza Home Mortgage lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Plaza Home Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 133 | 99 | 18 | 13.5% |
| Stearns County | 121 | 106 | 7 | 5.8% |
| Anoka County | 50 | 35 | 11 | 22.0% |
| Ramsey County | 49 | 33 | 11 | 22.4% |
| Dakota County | 48 | 41 | 3 | 6.3% |
| Crow Wing County | 47 | 36 | 5 | 10.6% |
| Wright County | 38 | 29 | 5 | 13.2% |
| Benton County | 36 | 24 | 9 | 25.0% |
| Sherburne County | 29 | 21 | 6 | 20.7% |
| Cass County | 27 | 21 | 5 | 18.5% |
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: 966 applications in 2025, of which 713 were originated and 151 denied.
15.6% of all applications, or 17.1% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Plaza Home Mortgage originated in Minnesota in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are Plaza Home Mortgage'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