South River Mortgage · Minnesota · 2025

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

South River Mortgage took 28 mortgage applications in Minnesota in 2025, ranking #354 of 870 lenders active in the state. It originated 53.6% of them and denied 3.6% (6.3% of the applications it decided), against a statewide denial rate of 13.6%.

28Applicationsin MN
6.3%Decision denial ratestate 16.4%
6.38%Median ratestate 6.63%
$100,000Median loanstate $215,000
$1.5MVolume19 counties

South River Mortgage in Minnesota vs the state

3.6%Denial rate-10.03 pts vs state
6.3%Decision denial rate-10.10 pts vs state
53.6%Origination rate-12.80 pts vs state
6.38%Median rate-0.25 pts vs state
Rate spread (pts)
$23kMedian applicant income
15Loans originated
1Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2024770.0%6.94%#492
202528153.6%6.38%#354

What South River Mortgage lends in Minnesota

By loan purpose

Refinance 28 100% · 3.6% denied

By loan type

FHA 28 100% · 3.6% denied

Why it denied Minnesota applicants

Collateral 1 100%

Where in Minnesota

Counties with the most South River Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 630 0.0%
Ramsey County 320 0.0%
Anoka County 320 0.0%
McLeod County 110 0.0%
Rice County 100 0.0%
Carver County 101 100.0%
Olmsted County 100 0.0%
Mille Lacs County 100 0.0%
St. Louis County 100 0.0%
Douglas 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: 28 applications in 2025, of which 15 were originated and 1 denied.

3.6% of all applications, or 6.3% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans South River Mortgage originated in Minnesota in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are South River 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