UIF · Minnesota · 2025

UIF in Minnesota: approval rate, denial rate and rates (2025)

UIF took 212 mortgage applications in Minnesota in 2025, ranking #135 of 870 lenders active in the state. It originated 74.1% of them and denied 9.0% (10.7% of the applications it decided), against a statewide denial rate of 13.6%.

212Applicationsin MN
10.7%Decision denial ratestate 16.4%
6.63%Median ratestate 6.63%
$355,000Median loanstate $215,000
$58MVolume13 counties

UIF in Minnesota vs the state

9.0%Denial rate-4.64 pts vs state
10.7%Decision denial rate-5.62 pts vs state
74.1%Origination rate+7.69 pts vs state
6.63%Median rate0.00 pts vs state
0.20Rate spread (pts)-0.05 pts vs state
$95kMedian applicant income
157Loans originated
19Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023124904.0%6.63%#161
20241421037.0%6.63%#155
20252121579.0%6.63%#135

What UIF lends in Minnesota

By loan purpose

Home purchase 205 97% · 9.3% denied
Refinance 4 2% · 0.0% denied
Cash-out refinance 1 0% · 0.0% denied
Other / HELOC 2 1% · 0.0% denied

By loan type

Conventional 212 100% · 9.0% denied

Why it denied Minnesota applicants

Other 7 37%
Debt-to-income ratio 7 37%
Employment history 3 16%
Collateral 1 5%
Credit history 1 5%

Where in Minnesota

Counties with the most UIF applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Anoka County 63503 4.8%
Hennepin County 43334 9.3%
Dakota County 30243 10.0%
Washington County 22173 13.6%
Scott County 18102 11.1%
Ramsey County 1592 13.3%
Benton County 751 14.3%
Stearns County 630 0.0%
Wright County 330 0.0%
Olmsted County 211 50.0%

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: 212 applications in 2025, of which 157 were originated and 19 denied.

9.0% of all applications, or 10.7% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans UIF originated in Minnesota in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are UIF'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