RBC Bank, (Georgia) · Minnesota · 2025

RBC Bank, (Georgia) in Minnesota: approval rate, denial rate and rates (2025)

RBC Bank, (Georgia) took 10 mortgage applications in Minnesota in 2025, ranking #466 of 870 lenders active in the state. It originated 60.0% of them and denied 10.0% (14.3% of the applications it decided), against a statewide denial rate of 13.6%.

10Applicationsin MN
14.3%Decision denial ratestate 16.4%
6.88%Median ratestate 6.63%
$185,000Median loanstate $215,000
$1.2MVolume5 counties

RBC Bank, (Georgia) in Minnesota vs the state

10.0%Denial rate-3.60 pts vs state
14.3%Decision denial rate-2.06 pts vs state
60.0%Origination rate-6.37 pts vs state
6.88%Median rate+0.25 pts vs state
-0.16Rate spread (pts)-0.42 pts vs state
$157kMedian applicant income
6Loans originated
1Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023860.0%6.13%#484
2024990.0%5.63%#460
202510610.0%6.88%#466

What RBC Bank, (Georgia) lends in Minnesota

By loan purpose

Home purchase 5 50% · 20.0% denied
Cash-out refinance 2 20% · 0.0% denied
Home improvement 3 30% · 0.0% denied

By loan type

Conventional 10 100% · 10.0% denied

Why it denied Minnesota applicants

Collateral 1 100%

Where in Minnesota

Counties with the most RBC Bank, (Georgia) applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 320 0.0%
Olmsted County 210 0.0%
Dakota County 220 0.0%
Washington County 210 0.0%
Otter Tail County 101 100.0%

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: 10 applications in 2025, of which 6 were originated and 1 denied.

10.0% of all applications, or 14.3% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans RBC Bank, (Georgia) originated in Minnesota in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are RBC Bank, (Georgia)'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