Think Mutual Bank in Minnesota vs the state
9.4%Denial rate-4.25 pts vs state
11.0%Decision denial rate-5.32 pts vs state
74.7%Origination rate+8.30 pts vs state
6.69%Median rate+0.07 pts vs state
0.26Rate spread (pts)+0.01 pts vs state
$129kMedian applicant income
743Loans originated
93Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 919 | 670 | 13.8% | 6.89% | #38 |
| 2024 | 957 | 704 | 11.7% | 6.88% | #43 |
| 2025 | 995 | 743 | 9.4% | 6.69% | #45 |
What Think Mutual Bank lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Think Mutual Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Olmsted County | 541 | 398 | 43 | 7.9% |
| Hennepin County | 96 | 75 | 10 | 10.4% |
| Dakota County | 91 | 65 | 15 | 16.5% |
| Dodge County | 45 | 36 | 3 | 6.7% |
| Goodhue County | 30 | 21 | 7 | 23.3% |
| Ramsey County | 28 | 23 | 0 | 0.0% |
| Wabasha County | 25 | 19 | 0 | 0.0% |
| Washington County | 22 | 15 | 5 | 22.7% |
| Scott County | 19 | 12 | 3 | 15.8% |
| Mower County | 13 | 9 | 3 | 23.1% |
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: 995 applications in 2025, of which 743 were originated and 93 denied.
9.4% of all applications, or 11.0% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Think Mutual Bank originated in Minnesota in 2025 was 6.69%, against a statewide median of 6.63%.
About this data. Figures are Think Mutual Bank'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