Union Home Mortgage · Minnesota · 2025

Union Home Mortgage in Minnesota: approval rate, denial rate and rates (2025)

Union Home Mortgage took 533 mortgage applications in Minnesota in 2025, ranking #79 of 870 lenders active in the state. It originated 79.4% of them and denied 5.4% (6.3% of the applications it decided), against a statewide denial rate of 13.6%.

533Applicationsin MN
6.3%Decision denial ratestate 16.4%
6.50%Median ratestate 6.63%
$265,000Median loanstate $215,000
$120MVolume41 counties

Union Home Mortgage in Minnesota vs the state

5.4%Denial rate-8.16 pts vs state
6.3%Decision denial rate-10.02 pts vs state
79.4%Origination rate+12.99 pts vs state
6.50%Median rate-0.13 pts vs state
0.35Rate spread (pts)+0.10 pts vs state
$95kMedian applicant income
423Loans originated
29Denied

Trend in Minnesota

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231461222.7%7.25%#143
20244333595.3%6.63%#84
20255334235.4%6.50%#79

What Union Home Mortgage lends in Minnesota

By loan purpose

Home purchase 409 77% · 5.6% denied
Refinance 81 15% · 3.7% denied
Cash-out refinance 31 6% · 3.2% denied
Home improvement 8 2% · 12.5% denied
Other / HELOC 4 1% · 25.0% denied

By loan type

Conventional 386 72% · 4.9% denied
FHA 101 19% · 6.9% denied
VA 40 8% · 5.0% denied
USDA / RHS 6 1% · 16.7% denied

Why it denied Minnesota applicants

Collateral 7 24%
Debt-to-income ratio 7 24%
Unverifiable information 4 14%
Credit history 4 14%
Incomplete application 3 10%
Other 3 10%
Employment history 1 3%

Where in Minnesota

Counties with the most Union Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hennepin County 1281018 6.3%
Freeborn County 73630 0.0%
Ramsey County 43304 9.3%
Dakota County 39332 5.1%
Anoka County 37274 10.8%
St. Louis County 26183 11.5%
Mower County 24160 0.0%
Washington County 20181 5.0%
Stearns County 17141 5.9%
Wright County 16141 6.3%

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: 533 applications in 2025, of which 423 were originated and 29 denied.

5.4% of all applications, or 6.3% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.

The median rate on loans Union Home Mortgage originated in Minnesota in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Union Home Mortgage'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