Traditional Mortgage Acceptance in Minnesota vs the state
16.7%Denial rate+3.07 pts vs state
18.2%Decision denial rate+1.83 pts vs state
75.0%Origination rate+8.63 pts vs state
6.00%Median rate-0.63 pts vs state
—Rate spread (pts)
$33kMedian applicant income
9Loans originated
2Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 5 | 3 | 0.0% | 6.84% | #534 |
| 2024 | 5 | 3 | 40.0% | 6.75% | #535 |
| 2025 | 12 | 9 | 16.7% | 6.00% | #439 |
What Traditional Mortgage Acceptance lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Traditional Mortgage Acceptance applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 5 | 3 | 1 | 20.0% |
| Ramsey County | 3 | 3 | 0 | 0.0% |
| Crow Wing County | 1 | 1 | 0 | 0.0% |
| Wright County | 1 | 1 | 0 | 0.0% |
| Anoka County | 1 | 1 | 0 | 0.0% |
| Renville County | 1 | 0 | 1 | 100.0% |
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: 12 applications in 2025, of which 9 were originated and 2 denied.
16.7% of all applications, or 18.2% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Traditional Mortgage Acceptance originated in Minnesota in 2025 was 6.00%, against a statewide median of 6.63%.
About this data. Figures are Traditional Mortgage Acceptance'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