Security State Bank of Marine · Minnesota · 2025

Security State Bank of Marine in Minnesota: approval rate, denial rate and rates (2025)

Security State Bank of Marine took 96 mortgage applications in Minnesota in 2025, ranking #212 of 870 lenders active in the state. It originated 89.6% of them and denied 4.2% (4.2% of the applications it decided), against a statewide denial rate of 13.6%.

96Applicationsin MN
4.2%Decision denial ratestate 16.4%
Median ratestate 6.63%
$245,000Median loanstate $215,000
$24MVolume14 counties

Security State Bank of Marine in Minnesota vs the state

4.2%Denial rate-9.43 pts vs state
4.2%Decision denial rate-12.18 pts vs state
89.6%Origination rate+23.21 pts vs state
Median rate
Rate spread (pts)
$148kMedian applicant income
86Loans originated
4Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
202389842.3%#198
202478740.0%#221
202596864.2%#212

What Security State Bank of Marine lends in Minnesota

By loan purpose

Home purchase 67 70% · 1.5% denied
Refinance 7 7% · 0.0% denied
Cash-out refinance 4 4% · 25.0% denied
Home improvement 10 10% · 0.0% denied
Other / HELOC 8 8% · 25.0% denied

By loan type

Conventional 96 100% · 4.2% denied

Where in Minnesota

Counties with the most Security State Bank of Marine applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Washington County 33291 3.0%
Chisago County 23211 4.3%
Ramsey County 14140 0.0%
Hennepin County 871 12.5%
Anoka County 650 0.0%
Dakota County 330 0.0%
Isanti County 220 0.0%
Hubbard County 110 0.0%
Douglas County 110 0.0%
Aitkin County 110 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: 96 applications in 2025, of which 86 were originated and 4 denied.

4.2% of all applications, or 4.2% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Security State Bank of Marine'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