Synergy One Lending · Minnesota · 2025

Synergy One Lending in Minnesota: approval rate, denial rate and rates (2025)

Synergy One Lending took 103 mortgage applications in Minnesota in 2025, ranking #200 of 870 lenders active in the state. It originated 78.6% of them and denied 1.0% (1.2% of the applications it decided), against a statewide denial rate of 13.6%.

103Applicationsin MN
1.2%Decision denial ratestate 16.4%
6.75%Median ratestate 6.63%
$275,000Median loanstate $215,000
$22MVolume24 counties

Synergy One Lending in Minnesota vs the state

1.0%Denial rate-12.63 pts vs state
1.2%Decision denial rate-15.13 pts vs state
78.6%Origination rate+12.27 pts vs state
6.75%Median rate+0.13 pts vs state
0.27Rate spread (pts)+0.02 pts vs state
$94kMedian applicant income
81Loans originated
1Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
202449406.1%6.63%#267
2025103811.0%6.75%#200

What Synergy One Lending lends in Minnesota

By loan purpose

Home purchase 87 84% · 1.2% denied
Refinance 11 11% · 0.0% denied
Cash-out refinance 5 5% · 0.0% denied

By loan type

Conventional 93 90% · 1.1% denied
FHA 5 5% · 0.0% denied
VA 5 5% · 0.0% denied

Why it denied Minnesota applicants

Other 1 100%

Where in Minnesota

Counties with the most Synergy One Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 28230 0.0%
St. Louis County 11100 0.0%
Ramsey County 1181 9.1%
Dakota County 970 0.0%
Aitkin County 660 0.0%
Scott County 420 0.0%
Anoka County 430 0.0%
Itasca County 440 0.0%
Olmsted County 320 0.0%
Washington County 210 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: 103 applications in 2025, of which 81 were originated and 1 denied.

1.0% of all applications, or 1.2% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Synergy One Lending originated in Minnesota in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Synergy One Lending'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