Union Bank and Trust · Minnesota · 2025

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

Union Bank and Trust took 6 mortgage applications in Minnesota in 2025, ranking #533 of 870 lenders active in the state. It originated 50.0% of them and denied 33.3% (33.3% of the applications it decided), against a statewide denial rate of 13.6%.

6Applicationsin MN
33.3%Decision denial ratestate 16.4%
6.00%Median ratestate 6.63%
$225,000Median loanstate $215,000
$12MVolume4 counties

Union Bank and Trust in Minnesota vs the state

33.3%Denial rate+19.73 pts vs state
33.3%Decision denial rate+16.98 pts vs state
50.0%Origination rate-16.37 pts vs state
6.00%Median rate-0.63 pts vs state
-0.80Rate spread (pts)-1.05 pts vs state
$181kMedian applicant income
3Loans originated
2Denied

What Union Bank and Trust lends in Minnesota

By loan purpose

Home purchase 1 17% · 0.0% denied
Refinance 2 33% · 0.0% denied
Home improvement 1 17% · 100.0% denied
Other / HELOC 2 33% · 50.0% denied

By loan type

Conventional 6 100% · 33.3% denied

Why it denied Minnesota applicants

Other 1 50%
Credit history 1 50%

Where in Minnesota

Counties with the most Union Bank and Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Dakota County 302 66.7%
Hennepin County 110 0.0%
Douglas County 110 0.0%
Washington County 110 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: 6 applications in 2025, of which 3 were originated and 2 denied.

33.3% of all applications, or 33.3% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Union Bank and Trust originated in Minnesota in 2025 was 6.00%, against a statewide median of 6.63%.

About this data. Figures are Union Bank and Trust'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