UMB Bank · Minnesota · 2025

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

UMB Bank took 41 mortgage applications in Minnesota in 2025, ranking #317 of 870 lenders active in the state. It originated 53.7% of them and denied 24.4% (28.6% of the applications it decided), against a statewide denial rate of 13.6%.

41Applicationsin MN
28.6%Decision denial ratestate 16.4%
6.20%Median ratestate 6.63%
$295,000Median loanstate $215,000
$9.5MVolume10 counties

UMB Bank in Minnesota vs the state

24.4%Denial rate+10.79 pts vs state
28.6%Decision denial rate+12.22 pts vs state
53.7%Origination rate-12.71 pts vs state
6.20%Median rate-0.42 pts vs state
-0.15Rate spread (pts)-0.41 pts vs state
$235kMedian applicant income
22Loans originated
10Denied

What UMB Bank lends in Minnesota

By loan purpose

Home purchase 12 29% · 25.0% denied
Refinance 13 32% · 0.0% denied
Home improvement 8 20% · 37.5% denied
Other / HELOC 8 20% · 50.0% denied

By loan type

Conventional 41 100% · 24.4% denied

Why it denied Minnesota applicants

Debt-to-income ratio 5 50%
Collateral 2 20%
Other 2 20%
Credit history 1 10%

Where in Minnesota

Counties with the most UMB Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 1977 36.8%
Washington County 422 50.0%
Ramsey County 440 0.0%
Dakota County 430 0.0%
Cass County 220 0.0%
Crow Wing County 220 0.0%
Wright County 211 50.0%
Scott County 210 0.0%
Stearns County 100 0.0%
Carver County 100 0.0%

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: 41 applications in 2025, of which 22 were originated and 10 denied.

24.4% of all applications, or 28.6% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans UMB Bank originated in Minnesota in 2025 was 6.20%, against a statewide median of 6.63%.

About this data. Figures are UMB Bank'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