Superior Choice Credit Union · Minnesota · 2025

Superior Choice Credit Union in Minnesota: approval rate, denial rate and rates (2025)

Superior Choice Credit Union took 80 mortgage applications in Minnesota in 2025, ranking #232 of 870 lenders active in the state. It originated 71.3% of them and denied 20.0% (21.6% of the applications it decided), against a statewide denial rate of 13.6%.

80Applicationsin MN
21.6%Decision denial ratestate 16.4%
6.00%Median ratestate 6.63%
$115,000Median loanstate $215,000
$9.2MVolume8 counties

Superior Choice Credit Union in Minnesota vs the state

20.0%Denial rate+6.40 pts vs state
21.6%Decision denial rate+5.27 pts vs state
71.3%Origination rate+4.88 pts vs state
6.00%Median rate-0.63 pts vs state
-1.20Rate spread (pts)-1.45 pts vs state
$109kMedian applicant income
57Loans originated
16Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231329018.9%7.00%#152
20241036817.5%6.88%#187
2025805720.0%6.00%#232

What Superior Choice Credit Union lends in Minnesota

By loan purpose

Home purchase 21 26% · 19.1% denied
Refinance 12 15% · 8.3% denied
Cash-out refinance 13 16% · 23.1% denied
Home improvement 19 24% · 5.3% denied
Other / HELOC 15 19% · 46.7% denied

By loan type

Conventional 80 100% · 20.0% denied

Why it denied Minnesota applicants

Debt-to-income ratio 8 50%
Collateral 3 19%
Credit history 3 19%
Other 2 13%

Where in Minnesota

Counties with the most Superior Choice Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
St. Louis County 51417 13.7%
Itasca County 1437 50.0%
Carlton County 660 0.0%
Dakota County 321 33.3%
Ramsey County 211 50.0%
Anoka County 110 0.0%
Hennepin County 110 0.0%
Pine 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: 80 applications in 2025, of which 57 were originated and 16 denied.

20.0% of all applications, or 21.6% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Superior Choice Credit Union originated in Minnesota in 2025 was 6.00%, against a statewide median of 6.63%.

About this data. Figures are Superior Choice Credit Union'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