Triad Financial Services · Minnesota · 2025

Triad Financial Services in Minnesota: approval rate, denial rate and rates (2025)

Triad Financial Services took 1,189 mortgage applications in Minnesota in 2025, ranking #35 of 870 lenders active in the state. It originated 19.3% of them and denied 50.0% (50.0% of the applications it decided), against a statewide denial rate of 13.6%.

1.2kApplicationsin MN
50.0%Decision denial ratestate 16.4%
8.78%Median ratestate 6.63%
$85,000Median loanstate $215,000
$18MVolume49 counties

Triad Financial Services in Minnesota vs the state

50.0%Denial rate+36.36 pts vs state
50.0%Decision denial rate+33.69 pts vs state
19.3%Origination rate-47.03 pts vs state
8.78%Median rate+2.15 pts vs state
3.00Rate spread (pts)+2.75 pts vs state
$59kMedian applicant income
230Loans originated
594Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
202381713764.4%9.25%#45
20241,03519055.8%8.95%#39
20251,18923050.0%8.78%#35

What Triad Financial Services lends in Minnesota

By loan purpose

Home purchase 1,180 99% · 49.8% denied
Refinance 9 1% · 66.7% denied

By loan type

Conventional 1,189 100% · 50.0% denied

Why it denied Minnesota applicants

Debt-to-income ratio 273 46%
Credit history 210 35%
Other 54 9%
Incomplete application 40 7%
Collateral 9 2%
Employment history 5 1%
Unverifiable information 3 1%

Where in Minnesota

Counties with the most Triad Financial Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Anoka County 1803986 47.8%
Dakota County 17224106 61.6%
Ramsey County 1082157 52.8%
Washington County 981646 46.9%
Wright County 591628 47.5%
St. Louis County 54724 44.4%
Benton County 521427 51.9%
Stearns County 41718 43.9%
Blue Earth County 40716 40.0%
Olmsted County 34223 67.6%

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: 1,189 applications in 2025, of which 230 were originated and 594 denied.

50.0% of all applications, or 50.0% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Triad Financial Services originated in Minnesota in 2025 was 8.78%, against a statewide median of 6.63%.

About this data. Figures are Triad Financial Services'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