Sun West Mortgage Company · Minnesota · 2025

Sun West Mortgage Company in Minnesota: approval rate, denial rate and rates (2025)

Sun West Mortgage Company took 123 mortgage applications in Minnesota in 2025, ranking #182 of 870 lenders active in the state. It originated 53.7% of them and denied 10.6% (12.9% of the applications it decided), against a statewide denial rate of 13.6%.

123Applicationsin MN
12.9%Decision denial ratestate 16.4%
6.00%Median ratestate 6.63%
$295,000Median loanstate $215,000
$20MVolume40 counties

Sun West Mortgage Company in Minnesota vs the state

10.6%Denial rate-3.03 pts vs state
12.9%Decision denial rate-3.48 pts vs state
53.7%Origination rate-12.71 pts vs state
6.00%Median rate-0.63 pts vs state
0.16Rate spread (pts)-0.09 pts vs state
$90kMedian applicant income
66Loans originated
13Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023733617.8%6.75%#227
202490437.8%6.37%#201
20251236610.6%6.00%#182

What Sun West Mortgage Company lends in Minnesota

By loan purpose

Home purchase 41 33% · 2.4% denied
Refinance 35 28% · 5.7% denied
Cash-out refinance 47 38% · 21.3% denied

By loan type

Conventional 36 29% · 5.6% denied
FHA 55 45% · 10.9% denied
VA 30 24% · 16.7% denied
USDA / RHS 2 2% · 0.0% denied

Why it denied Minnesota applicants

Debt-to-income ratio 6 46%
Credit history 4 31%
Other 2 15%
Collateral 1 8%

Where in Minnesota

Counties with the most Sun West Mortgage Company applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 20101 5.0%
Ramsey County 1281 8.3%
Dakota County 960 0.0%
Anoka County 852 25.0%
St. Louis County 631 16.7%
Washington County 501 20.0%
Sherburne County 512 40.0%
Carlton County 440 0.0%
Scott County 401 25.0%
Wright County 420 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: 123 applications in 2025, of which 66 were originated and 13 denied.

10.6% of all applications, or 12.9% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Sun West Mortgage Company originated in Minnesota in 2025 was 6.00%, against a statewide median of 6.63%.

About this data. Figures are Sun West Mortgage Company'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