Two Harbors Federal Credit Union in Minnesota vs the state
1.8%Denial rate-11.85 pts vs state
1.8%Decision denial rate-14.60 pts vs state
96.5%Origination rate+30.12 pts vs state
6.24%Median rate-0.38 pts vs state
—Rate spread (pts)
$87kMedian applicant income
55Loans originated
1Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 70 | 70 | 0.0% | 6.32% | #232 |
| 2024 | 77 | 75 | 2.6% | 6.89% | #223 |
| 2025 | 57 | 55 | 1.8% | 6.24% | #280 |
What Two Harbors Federal Credit Union lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Two Harbors Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Lake County | 42 | 40 | 1 | 2.4% |
| St. Louis County | 15 | 15 | 0 | 0.0% |
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: 57 applications in 2025, of which 55 were originated and 1 denied.
1.8% of all applications, or 1.8% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Two Harbors Federal Credit Union originated in Minnesota in 2025 was 6.24%, against a statewide median of 6.63%.
About this data. Figures are Two Harbors Federal 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