SayGO Home Loans · Minnesota · 2025

SayGO Home Loans in Minnesota: approval rate, denial rate and rates (2025)

SayGO Home Loans took 48 mortgage applications in Minnesota in 2025, ranking #298 of 870 lenders active in the state. It originated 35.4% of them and denied 6.3% (15.0% of the applications it decided), against a statewide denial rate of 13.6%.

48Applicationsin MN
15.0%Decision denial ratestate 16.4%
5.38%Median ratestate 6.63%
$335,000Median loanstate $215,000
$7.1MVolume14 counties

SayGO Home Loans in Minnesota vs the state

6.3%Denial rate-7.35 pts vs state
15.0%Decision denial rate-1.35 pts vs state
35.4%Origination rate-30.95 pts vs state
5.38%Median rate-1.25 pts vs state
-0.09Rate spread (pts)-0.34 pts vs state
$91kMedian applicant income
17Loans originated
3Denied

What SayGO Home Loans lends in Minnesota

By loan purpose

Refinance 19 40% · 10.5% denied
Cash-out refinance 29 60% · 3.5% denied

By loan type

Conventional 16 33% · 12.5% denied
FHA 16 33% · 0.0% denied
VA 16 33% · 6.3% denied

Why it denied Minnesota applicants

Debt-to-income ratio 2 67%
Credit history 1 33%

Where in Minnesota

Counties with the most SayGO Home Loans applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 831 12.5%
Anoka County 810 0.0%
Ramsey County 721 14.3%
Sherburne County 410 0.0%
Dakota County 310 0.0%
Carver County 320 0.0%
St. Louis County 310 0.0%
Kandiyohi County 210 0.0%
Crow Wing County 210 0.0%
Washington County 201 50.0%

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: 48 applications in 2025, of which 17 were originated and 3 denied.

6.3% of all applications, or 15.0% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans SayGO Home Loans originated in Minnesota in 2025 was 5.38%, against a statewide median of 6.63%.

About this data. Figures are SayGO Home Loans'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