United Shore Financial Services in Minnesota vs the state
10.6%Denial rate-2.98 pts vs state
11.9%Decision denial rate-4.43 pts vs state
77.1%Origination rate+10.73 pts vs state
6.38%Median rate-0.25 pts vs state
0.12Rate spread (pts)-0.13 pts vs state
$98kMedian applicant income
6,703Loans originated
923Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 5,729 | 4,724 | 8.4% | 6.74% | #4 |
| 2024 | 7,042 | 5,603 | 9.3% | 6.62% | #3 |
| 2025 | 8,694 | 6,703 | 10.6% | 6.38% | #1 |
What United Shore Financial Services lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most United Shore Financial Services applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 1,837 | 1,412 | 197 | 10.7% |
| Anoka County | 671 | 517 | 69 | 10.3% |
| Ramsey County | 660 | 495 | 75 | 11.4% |
| Dakota County | 651 | 508 | 72 | 11.1% |
| Washington County | 501 | 401 | 41 | 8.2% |
| Olmsted County | 398 | 335 | 31 | 7.8% |
| Wright County | 306 | 234 | 29 | 9.5% |
| Scott County | 225 | 181 | 18 | 8.0% |
| Blue Earth County | 215 | 185 | 13 | 6.0% |
| Sherburne County | 198 | 153 | 16 | 8.1% |
Other large lenders in Minnesota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| 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% |
| Broker Solutions | D | 3,246 | 5.5% | 6.75% |
Frequently asked questions
Minnesota: 8,694 applications in 2025, of which 6,703 were originated and 923 denied.
10.6% of all applications, or 11.9% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans United Shore Financial Services originated in Minnesota in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are United Shore Financial Services'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