Southpoint Financial in Minnesota vs the state
9.9%Denial rate-3.75 pts vs state
11.7%Decision denial rate-4.65 pts vs state
74.4%Origination rate+8.01 pts vs state
—Median rate
—Rate spread (pts)
$84kMedian applicant income
302Loans originated
40Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 241 | 223 | 3.7% | — | #107 |
| 2024 | 321 | 268 | 5.9% | — | #96 |
| 2025 | 406 | 302 | 9.9% | — | #93 |
What Southpoint Financial lends in Minnesota
By loan purpose
By loan type
Where in Minnesota
Counties with the most Southpoint Financial applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Brown County | 132 | 107 | 7 | 5.3% |
| Redwood County | 32 | 19 | 9 | 28.1% |
| McLeod County | 30 | 23 | 4 | 13.3% |
| Nicollet County | 30 | 22 | 3 | 10.0% |
| Carver County | 25 | 18 | 1 | 4.0% |
| Blue Earth County | 20 | 16 | 1 | 5.0% |
| Wright County | 17 | 7 | 4 | 23.5% |
| Hennepin County | 17 | 15 | 0 | 0.0% |
| Watonwan County | 11 | 5 | 3 | 27.3% |
| Renville County | 9 | 6 | 3 | 33.3% |
Other large lenders in Minnesota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 8,694 | 10.6% | 6.38% |
| U.S. Bank | D | 8,624 | 30.4% | 7.88% |
| Bell Bank | A | 7,987 | 5.3% | 6.63% |
| Rocket Mortgage | C | 7,630 | 16.3% | 6.63% |
| Trustone Financial Credit Union | C | 6,066 | 20.0% | 7.25% |
| Affinity Plus | C | 5,438 | 14.6% | 6.63% |
| Blaze Credit Union | B | 4,074 | 12.3% | 6.38% |
| Wings Financial Credit Union | A | 3,960 | 16.4% | 7.25% |
| Crosscountry Mortgage | B | 3,942 | 2.1% | 6.63% |
| Fairway Independent Mortgage | B | 3,327 | 3.2% | 6.75% |
Frequently asked questions
Minnesota: 406 applications in 2025, of which 302 were originated and 40 denied.
9.9% of all applications, or 11.7% 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 Southpoint Financial'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