Valon Mortgage in Minnesota vs the state
15.2%Denial rate+1.60 pts vs state
17.3%Decision denial rate+0.92 pts vs state
66.4%Origination rate+0.03 pts vs state
8.65%Median rate+2.03 pts vs state
2.51Rate spread (pts)+2.26 pts vs state
$99kMedian applicant income
83Loans originated
19Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 10 | 8 | 0.0% | 6.06% | #454 |
| 2025 | 125 | 83 | 15.2% | 8.65% | #180 |
What Valon Mortgage lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most Valon Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hennepin County | 25 | 15 | 4 | 16.0% |
| Anoka County | 14 | 9 | 2 | 14.3% |
| Washington County | 14 | 10 | 3 | 21.4% |
| Dakota County | 10 | 7 | 0 | 0.0% |
| Ramsey County | 8 | 8 | 0 | 0.0% |
| Le Sueur County | 6 | 3 | 1 | 16.7% |
| Carver County | 5 | 4 | 1 | 20.0% |
| Olmsted County | 4 | 0 | 2 | 50.0% |
| Sherburne County | 4 | 4 | 0 | 0.0% |
| Becker County | 3 | 3 | 0 | 0.0% |
Other large lenders in Minnesota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 8,694 | 10.6% | 6.38% |
| 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% |
Frequently asked questions
Minnesota: 125 applications in 2025, of which 83 were originated and 19 denied.
15.2% of all applications, or 17.3% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans Valon Mortgage originated in Minnesota in 2025 was 8.65%, against a statewide median of 6.63%.
About this data. Figures are Valon 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