Premier Lending · Minnesota · 2025

Premier Lending in Minnesota: approval rate, denial rate and rates (2025)

Premier Lending took 148 mortgage applications in Minnesota in 2025, ranking #163 of 870 lenders active in the state. It originated 94.6% of them and denied 2.0% (2.1% of the applications it decided), against a statewide denial rate of 13.6%.

148Applicationsin MN
2.1%Decision denial ratestate 16.4%
6.75%Median ratestate 6.63%
$255,000Median loanstate $215,000
$31MVolume20 counties

Premier Lending in Minnesota vs the state

2.0%Denial rate-11.57 pts vs state
2.1%Decision denial rate-14.25 pts vs state
94.6%Origination rate+28.22 pts vs state
6.75%Median rate+0.13 pts vs state
0.52Rate spread (pts)+0.27 pts vs state
$77kMedian applicant income
140Loans originated
3Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20241941940.0%7.13%#128
20251481402.0%6.75%#163

What Premier Lending lends in Minnesota

By loan purpose

Home purchase 142 96% · 1.4% denied
Refinance 5 3% · 0.0% denied
Cash-out refinance 1 1% · 100.0% denied

By loan type

Conventional 114 77% · 1.8% denied
FHA 33 22% · 3.0% denied
VA 1 1% · 0.0% denied

Why it denied Minnesota applicants

Other 2 67%
Collateral 1 33%

Where in Minnesota

Counties with the most Premier Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 53491 1.9%
Dakota County 21210 0.0%
Anoka County 13121 7.7%
Nobles County 13130 0.0%
Scott County 761 14.3%
Ramsey County 660 0.0%
Olmsted County 550 0.0%
Washington County 440 0.0%
Kandiyohi County 440 0.0%
Rice County 330 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: 148 applications in 2025, of which 140 were originated and 3 denied.

2.0% of all applications, or 2.1% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Premier Lending originated in Minnesota in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Premier Lending'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