The First National Bank Of Milaca in Minnesota vs the state
15.3%Denial rate+1.71 pts vs state
17.1%Decision denial rate+0.70 pts vs state
74.5%Origination rate+8.12 pts vs state
—Median rate
—Rate spread (pts)
$89kMedian applicant income
73Loans originated
15Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 81 | 61 | 12.4% | — | #214 |
| 2024 | 87 | 60 | 17.2% | — | #205 |
| 2025 | 98 | 73 | 15.3% | — | #207 |
What The First National Bank Of Milaca lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most The First National Bank Of Milaca applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Mille Lacs County | 62 | 47 | 11 | 17.7% |
| Benton County | 7 | 4 | 2 | 28.6% |
| Morrison County | 5 | 3 | 0 | 0.0% |
| Wright County | 5 | 5 | 0 | 0.0% |
| Sherburne County | 4 | 2 | 1 | 25.0% |
| Aitkin County | 4 | 1 | 1 | 25.0% |
| Stearns County | 2 | 2 | 0 | 0.0% |
| Hennepin County | 2 | 2 | 0 | 0.0% |
| Pine County | 2 | 2 | 0 | 0.0% |
| Isanti County | 1 | 1 | 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: 98 applications in 2025, of which 73 were originated and 15 denied.
15.3% of all applications, or 17.1% 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 Milaca'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