The Loan Store in Minnesota vs the state
10.3%Denial rate-3.34 pts vs state
11.7%Decision denial rate-4.65 pts vs state
65.6%Origination rate-0.81 pts vs state
7.13%Median rate+0.50 pts vs state
0.54Rate spread (pts)+0.29 pts vs state
$123kMedian applicant income
198Loans originated
31Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 47 | 35 | 8.5% | 8.00% | #283 |
| 2024 | 147 | 95 | 12.9% | 7.38% | #150 |
| 2025 | 302 | 198 | 10.3% | 7.13% | #114 |
What The Loan Store lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most The Loan Store applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 86 | 57 | 8 | 9.3% |
| Washington County | 34 | 20 | 1 | 2.9% |
| Ramsey County | 29 | 17 | 2 | 6.9% |
| Anoka County | 22 | 15 | 3 | 13.6% |
| Dakota County | 13 | 12 | 1 | 7.7% |
| Olmsted County | 13 | 10 | 1 | 7.7% |
| Wright County | 12 | 9 | 1 | 8.3% |
| Scott County | 9 | 4 | 2 | 22.2% |
| Carver County | 9 | 3 | 2 | 22.2% |
| St. Louis County | 7 | 3 | 1 | 14.3% |
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: 302 applications in 2025, of which 198 were originated and 31 denied.
10.3% of all applications, or 11.7% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans The Loan Store originated in Minnesota in 2025 was 7.13%, against a statewide median of 6.63%.
About this data. Figures are The Loan Store'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