Provident Funding Associates in Minnesota vs the state
7.0%Denial rate-6.57 pts vs state
10.2%Decision denial rate-6.18 pts vs state
62.1%Origination rate-4.26 pts vs state
6.38%Median rate-0.25 pts vs state
-0.10Rate spread (pts)-0.35 pts vs state
$155kMedian applicant income
159Loans originated
18Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 235 | 144 | 9.4% | 6.50% | #109 |
| 2024 | 205 | 124 | 5.9% | 6.50% | #123 |
| 2025 | 256 | 159 | 7.0% | 6.38% | #122 |
What Provident Funding Associates lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Provident Funding Associates applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 82 | 56 | 2 | 2.4% |
| Washington County | 33 | 20 | 2 | 6.1% |
| Dakota County | 29 | 18 | 2 | 6.9% |
| Ramsey County | 20 | 13 | 2 | 10.0% |
| Anoka County | 13 | 7 | 1 | 7.7% |
| Carver County | 11 | 7 | 2 | 18.2% |
| Scott County | 10 | 6 | 0 | 0.0% |
| Wright County | 9 | 3 | 1 | 11.1% |
| Olmsted County | 9 | 5 | 2 | 22.2% |
| Chisago County | 5 | 3 | 0 | 0.0% |
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: 256 applications in 2025, of which 159 were originated and 18 denied.
7.0% of all applications, or 10.2% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Provident Funding Associates originated in Minnesota in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are Provident Funding Associates'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