The First National Bank of Le Center · Minnesota · 2025

The First National Bank of Le Center in Minnesota: approval rate, denial rate and rates (2025)

The First National Bank of Le Center took 54 mortgage applications in Minnesota in 2025, ranking #285 of 870 lenders active in the state. It originated 96.3% of them and denied 3.7% (3.7% of the applications it decided), against a statewide denial rate of 13.6%.

54Applicationsin MN
3.7%Decision denial ratestate 16.4%
Median ratestate 6.63%
$180,000Median loanstate $215,000
$10MVolume13 counties

The First National Bank of Le Center in Minnesota vs the state

3.7%Denial rate-9.90 pts vs state
3.7%Decision denial rate-12.65 pts vs state
96.3%Origination rate+29.93 pts vs state
Median rate
Rate spread (pts)
$108kMedian applicant income
52Loans originated
2Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
202333330.0%#334
202453530.0%#260
202554523.7%#285

What The First National Bank of Le Center lends in Minnesota

By loan purpose

Home purchase 21 39% · 0.0% denied
Refinance 6 11% · 0.0% denied
Cash-out refinance 12 22% · 8.3% denied
Home improvement 15 28% · 6.7% denied

By loan type

Conventional 54 100% · 3.7% denied

Where in Minnesota

Counties with the most The First National Bank of Le Center applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Le Sueur County 33321 3.0%
Scott County 550 0.0%
Rice County 431 25.0%
Blue Earth County 220 0.0%
Nicollet County 220 0.0%
Dakota County 110 0.0%
Carlton County 110 0.0%
Mille Lacs County 110 0.0%
Dodge County 110 0.0%
Sibley 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: 54 applications in 2025, of which 52 were originated and 2 denied.

3.7% of all applications, or 3.7% 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 The First National Bank of Le Center'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