Pulte Mortgage · Minnesota · 2025

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

Pulte Mortgage took 609 mortgage applications in Minnesota in 2025, ranking #69 of 870 lenders active in the state. It originated 71.3% of them and denied 10.5% (12.8% of the applications it decided), against a statewide denial rate of 13.6%.

609Applicationsin MN
12.8%Decision denial ratestate 16.4%
6.25%Median ratestate 6.63%
$405,000Median loanstate $215,000
$175MVolume7 counties

Pulte Mortgage in Minnesota vs the state

10.5%Denial rate-3.09 pts vs state
12.8%Decision denial rate-3.55 pts vs state
71.3%Origination rate+4.89 pts vs state
6.25%Median rate-0.38 pts vs state
-0.11Rate spread (pts)-0.36 pts vs state
$146kMedian applicant income
434Loans originated
64Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235013955.6%5.99%#68
20245634189.4%6.25%#72
202560943410.5%6.25%#69

What Pulte Mortgage lends in Minnesota

By loan purpose

Home purchase 608 100% · 10.5% denied
Refinance 1 0% · 0.0% denied

By loan type

Conventional 541 89% · 8.3% denied
FHA 52 9% · 28.9% denied
VA 16 3% · 25.0% denied

Why it denied Minnesota applicants

Debt-to-income ratio 48 75%
Insufficient cash 8 13%
Credit history 8 13%

Where in Minnesota

Counties with the most Pulte Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 25618229 11.3%
Washington County 16511221 12.7%
Dakota County 1067910 9.4%
Carver County 28230 0.0%
Scott County 26192 7.7%
Ramsey County 19141 5.3%
Anoka County 951 11.1%

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: 609 applications in 2025, of which 434 were originated and 64 denied.

10.5% of all applications, or 12.8% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Pulte Mortgage originated in Minnesota in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Pulte 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