Prosperity Home Mortgage · Minnesota · 2025

Prosperity Home Mortgage in Minnesota: approval rate, denial rate and rates (2025)

Prosperity Home Mortgage took 2,141 mortgage applications in Minnesota in 2025, ranking #20 of 870 lenders active in the state. It originated 81.6% of them and denied 3.6% (4.2% of the applications it decided), against a statewide denial rate of 13.6%.

2.1kApplicationsin MN
4.2%Decision denial ratestate 16.4%
6.63%Median ratestate 6.63%
$305,000Median loanstate $215,000
$573MVolume71 counties

Prosperity Home Mortgage in Minnesota vs the state

3.6%Denial rate-10.00 pts vs state
4.2%Decision denial rate-12.15 pts vs state
81.6%Origination rate+15.18 pts vs state
6.63%Median rate0.00 pts vs state
0.19Rate spread (pts)-0.06 pts vs state
$116kMedian applicant income
1,746Loans originated
77Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,0441,6445.7%6.75%#18
20242,0061,6545.0%6.75%#18
20252,1411,7463.6%6.63%#20

What Prosperity Home Mortgage lends in Minnesota

By loan purpose

Home purchase 1,821 85% · 2.1% denied
Refinance 234 11% · 8.6% denied
Cash-out refinance 72 3% · 25.0% denied
Other / HELOC 14 1% · 7.1% denied

By loan type

Conventional 1,753 82% · 2.4% denied
FHA 244 11% · 12.3% denied
VA 137 6% · 3.7% denied
USDA / RHS 7 0% · 0.0% denied

Why it denied Minnesota applicants

Debt-to-income ratio 34 44%
Other 12 16%
Collateral 10 13%
Credit history 9 12%
Unverifiable information 8 10%
Insufficient cash 4 5%

Where in Minnesota

Counties with the most Prosperity Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 61449923 3.7%
Dakota County 2612187 2.7%
Ramsey County 2341948 3.4%
Anoka County 1451205 3.4%
Washington County 125966 4.8%
Scott County 82653 3.7%
Olmsted County 77691 1.3%
Carver County 75653 4.0%
Wright County 59473 5.1%
Sherburne County 40313 7.5%

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: 2,141 applications in 2025, of which 1,746 were originated and 77 denied.

3.6% of all applications, or 4.2% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Prosperity Home Mortgage originated in Minnesota in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Prosperity 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