St. Cloud Financial in Minnesota vs the state
9.2%Denial rate-4.37 pts vs state
10.0%Decision denial rate-6.32 pts vs state
82.9%Origination rate+16.48 pts vs state
6.00%Median rate-0.63 pts vs state
0.18Rate spread (pts)-0.07 pts vs state
$107kMedian applicant income
314Loans originated
35Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 378 | 296 | 9.0% | 6.74% | #85 |
| 2024 | 370 | 320 | 5.4% | 6.75% | #91 |
| 2025 | 379 | 314 | 9.2% | 6.00% | #96 |
What St. Cloud Financial lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most St. Cloud Financial applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Stearns County | 180 | 149 | 19 | 10.6% |
| Benton County | 66 | 53 | 8 | 12.1% |
| Sherburne County | 36 | 30 | 4 | 11.1% |
| Wright County | 27 | 24 | 1 | 3.7% |
| Morrison County | 11 | 8 | 1 | 9.1% |
| Mille Lacs County | 8 | 5 | 1 | 12.5% |
| Meeker County | 8 | 8 | 0 | 0.0% |
| Hennepin County | 6 | 4 | 0 | 0.0% |
| Crow Wing County | 5 | 4 | 0 | 0.0% |
| Pope County | 4 | 3 | 0 | 0.0% |
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: 379 applications in 2025, of which 314 were originated and 35 denied.
9.2% of all applications, or 10.0% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans St. Cloud Financial originated in Minnesota in 2025 was 6.00%, against a statewide median of 6.63%.
About this data. Figures are St. Cloud 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