Reliabank Dakota · Minnesota · 2025

Reliabank Dakota in Minnesota: approval rate, denial rate and rates (2025)

Reliabank Dakota took 20 mortgage applications in Minnesota in 2025, ranking #390 of 870 lenders active in the state. It originated 45.0% of them and denied 30.0% (40.0% of the applications it decided), against a statewide denial rate of 13.6%.

20Applicationsin MN
40.0%Decision denial ratestate 16.4%
6.63%Median ratestate 6.63%
$195,000Median loanstate $215,000
$2.2MVolume9 counties

Reliabank Dakota in Minnesota vs the state

30.0%Denial rate+16.40 pts vs state
40.0%Decision denial rate+23.65 pts vs state
45.0%Origination rate-21.37 pts vs state
6.63%Median rate0.00 pts vs state
0.39Rate spread (pts)+0.13 pts vs state
$79kMedian applicant income
9Loans originated
6Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
202318140.0%6.31%#398
202411618.2%6.31%#441
202520930.0%6.63%#390

What Reliabank Dakota lends in Minnesota

By loan purpose

Home purchase 18 90% · 27.8% denied
Refinance 2 10% · 50.0% denied

By loan type

Conventional 13 65% · 23.1% denied
FHA 5 25% · 60.0% denied
VA 1 5% · 0.0% denied
USDA / RHS 1 5% · 0.0% denied

Why it denied Minnesota applicants

Credit history 3 50%
Debt-to-income ratio 2 33%
Insufficient cash 1 17%

Where in Minnesota

Counties with the most Reliabank Dakota applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Nobles County 723 42.9%
Murray County 430 0.0%
Ramsey County 210 0.0%
Pipestone County 202 100.0%
Yellow Medicine County 110 0.0%
Lyon County 110 0.0%
Big Stone County 110 0.0%
Rock County 101 100.0%
Douglas County 100 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: 20 applications in 2025, of which 9 were originated and 6 denied.

30.0% of all applications, or 40.0% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Reliabank Dakota originated in Minnesota in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Reliabank Dakota'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