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Anoka County, Minnesota · 2025

Mortgage lenders in Anoka County, MN: denial rates and top lenders (2025)

377 lenders acted on 13,524 mortgage applications for properties in Anoka County in 2025. 15.3% were denied (Minnesota: 13.6%). Median rate on closed loans 6.63%; median loan $235,000; median property value $385,000.

14kApplications
15.3%Denial ratestate 13.6%
6.63%Median ratestate 6.63%
$235,000Median loan
$385,000Median property value

Largest lenders in Anoka County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 U.S. Bank D 714363 34.6%8.40%
2 United Shore Financial Services B 671517 10.3%6.40%
3 Trustone Financial Credit Union C 618409 22.2%7.24%
4 Bell Bank A 580490 5.0%6.63%
5 Blaze Credit Union B 571379 15.1%6.50%
6 Rocket Mortgage C 570449 12.8%6.63%
7 Affinity Plus C 389245 18.0%6.74%
8 Crosscountry Mortgage B 377300 1.1%6.60%
9 Broker Solutions D 352205 4.0%6.75%
10 The Huntington National Bank D 339179 29.8%7.79%
11 Wings Financial Credit Union A 301187 20.3%7.25%
12 Royal Credit Union B 256196 9.8%6.63%
13 Pennymac Loan Services C 238149 9.7%6.13%
14 Lennar Mortgage A 223184 1.4%5.99%
15 Fairway Independent Mortgage B 211167 3.3%6.63%
16 Topline Financial Credit Union A 209147 19.1%5.99%
17 Guaranteed Rate B 209150 4.8%6.56%
18 Newrez D 19994 19.1%6.88%
19 Wells Fargo Bank B 198129 15.7%6.38%
20 Triad Financial Services D 18039 47.8%8.78%
21 Luminate Bank B 157116 2.6%6.75%
22 21st Mortgage F 15527 49.0%10.80%
23 Prosperity Home Mortgage A 145120 3.5%6.63%
24 Granite Bank B 144114 3.5%6.63%
25 Freedom Mortgage B 13954 11.5%6.06%

Best approval odds in Anoka County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1Summit Mortgage770.0%
2Everett Financial850.0%
3Crosscountry Mortgage3061.3%
4CMG Mortgage721.4%
5Lennar Mortgage1871.6%
6Coastal Community Bank1051.9%
7Alerus Financial782.6%
8Luminate Bank1223.3%
9Prosperity Home Mortgage1254.0%
10Fairway Independent Mortgage1744.0%

What Anoka County borrowers applied for

By loan purpose

Home purchase 6,246 46% · 7.9% denied
Refinance 1,779 13% · 13.9% denied
Cash-out refinance 2,027 15% · 18.8% denied
Home improvement 1,595 12% · 23.5% denied
Other / HELOC 1,877 14% · 30.4% denied

By loan type

Conventional 11,286 83% · 15.5% denied
FHA 1,446 11% · 15.2% denied
VA 784 6% · 12.5% denied
USDA / RHS 8 0% · 0.0% denied

Why applications were denied

Debt-to-income ratio 737 36%
Credit history 551 27%
Collateral 269 13%
Incomplete application 241 12%
Other 132 6%
Unverifiable information 64 3%
Insufficient cash 35 2%
Employment history 23 1%

Anoka County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202311,7257,63216.1%6.88%$205,000
202412,8348,29115.7%6.99%$205,000
202513,5248,71315.3%6.63%$235,000

Frequently asked questions

15.3% of applications in Anoka County were denied in 2025, against 13.6% statewide in Minnesota.

U.S. Bank, with 714 applications in 2025 and a denial rate of 34.6%.

The median mortgage application in Anoka County in 2025 was for $235,000; the median property value on originated loans was $385,000.