Becker County, Minnesota · 2025

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

126 lenders acted on 1,114 mortgage applications for properties in Becker County in 2025. 12.6% were denied (Minnesota: 13.6%). Median rate on closed loans 6.63%; median loan $215,000; median property value $385,000.

1.1kApplications
12.6%Denial ratestate 13.6%
6.63%Median ratestate 6.63%
$215,000Median loan
$385,000Median property value

Largest lenders in Becker County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Bell Bank A 173137 9.8%7.25%
2 United Shore Financial Services B 151132 4.0%6.47%
3 Midwest Bank A 9180 3.3%
4 Granite Bank B 5140 7.8%6.50%
5 Gate City Bank C 5041 6.0%6.50%
6 Old National Bank B 4631 17.4%6.50%
7 Rocket Mortgage C 3629 16.7%6.88%
8 U.S. Bank D 3113 41.9%8.25%
9 First International Bank & Trust B 2015 15.0%7.25%
10 Mortgage Research Center C 186 22.2%6.38%
11 Affinity Plus C 1411 7.1%6.75%
12 Freedom Mortgage B 142 21.4%4.56%
13 Magnifi Financial Credit Union B 146 21.4%6.31%
14 21st Mortgage F 131 46.2%9.39%
15 Loandepot.Com D 135 15.4%7.13%
16 Bremer Bank B 1311 7.7%7.00%
17 Newrez D 125 33.3%6.25%
18 Figure Lending C 112 27.3%9.15%
19 Crosscountry Mortgage B 107 10.0%6.88%
20 Capital C 107 10.0%7.00%
21 Mutual of Omaha Mortgage C 107 0.0%6.38%
22 Servion B 106 0.0%6.31%
23 Wells Fargo Bank B 95 0.0%6.63%
24 Carrington Mortgage Services D 93 44.4%6.63%
25 Broker Solutions D 90 22.2%

Best approval odds in Becker County

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

#LenderDecidedDecision denial rate
1Midwest Bank893.4%
2United Shore Financial Services1404.3%
3Bell Bank15511.0%

What Becker County borrowers applied for

By loan purpose

Home purchase 510 46% · 6.5% denied
Refinance 214 19% · 13.6% denied
Cash-out refinance 163 15% · 14.1% denied
Home improvement 104 9% · 22.1% denied
Other / HELOC 123 11% · 26.0% denied

By loan type

Conventional 887 80% · 11.5% denied
FHA 130 12% · 16.9% denied
VA 91 8% · 17.6% denied
USDA / RHS 6 1% · 0.0% denied

Why applications were denied

Debt-to-income ratio 51 38%
Credit history 28 21%
Collateral 21 15%
Incomplete application 15 11%
Other 13 10%
Unverifiable information 5 4%
Insufficient cash 2 1%
Employment history 1 1%

Becker County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202391266813.1%6.99%$175,000
20241,04973612.2%6.99%$195,000
20251,11476612.6%6.63%$215,000

Frequently asked questions

12.6% of applications in Becker County were denied in 2025, against 13.6% statewide in Minnesota.

Bell Bank, with 173 applications in 2025 and a denial rate of 9.8%.

The median mortgage application in Becker County in 2025 was for $215,000; the median property value on originated loans was $385,000.