Topline Financial Credit Union · Minnesota · 2025

Topline Financial Credit Union in Minnesota: approval rate, denial rate and rates (2025)

Topline Financial Credit Union took 979 mortgage applications in Minnesota in 2025, ranking #46 of 870 lenders active in the state. It originated 73.0% of them and denied 17.0% (17.7% of the applications it decided), against a statewide denial rate of 13.6%.

979Applicationsin MN
17.7%Decision denial ratestate 16.4%
5.99%Median ratestate 6.63%
$105,000Median loanstate $215,000
$121MVolume41 counties

Topline Financial Credit Union in Minnesota vs the state

17.0%Denial rate+3.36 pts vs state
17.7%Decision denial rate+1.37 pts vs state
73.0%Origination rate+6.66 pts vs state
5.99%Median rate-0.63 pts vs state
-1.13Rate spread (pts)-1.38 pts vs state
$127kMedian applicant income
715Loans originated
166Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
202378860514.6%7.54%#50
202487763716.3%6.49%#50
202597971517.0%5.99%#46

What Topline Financial Credit Union lends in Minnesota

By loan purpose

Home purchase 207 21% · 3.9% denied
Refinance 40 4% · 15.0% denied
Cash-out refinance 105 11% · 15.2% denied
Home improvement 335 34% · 20.9% denied
Other / HELOC 292 30% · 22.6% denied

By loan type

Conventional 978 100% · 17.0% denied
VA 1 0% · 0.0% denied

Why it denied Minnesota applicants

Debt-to-income ratio 107 64%
Credit history 27 16%
Collateral 20 12%
Incomplete application 5 3%
Unverifiable information 4 2%
Employment history 2 1%
Other 1 1%

Where in Minnesota

Counties with the most Topline Financial Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 36126059 16.3%
Anoka County 20914740 19.1%
Ramsey County 62488 12.9%
Washington County 61509 14.8%
Wright County 57408 14.0%
Dakota County 48415 10.4%
Sherburne County 31253 9.7%
Chisago County 26178 30.8%
Carver County 21155 23.8%
Isanti County 1679 56.3%

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: 979 applications in 2025, of which 715 were originated and 166 denied.

17.0% of all applications, or 17.7% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Topline Financial Credit Union originated in Minnesota in 2025 was 5.99%, against a statewide median of 6.63%.

About this data. Figures are Topline Financial Credit Union'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