Largest lenders in Blue Earth County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | United Shore Financial Services | B | 215 | 185 | 6.1% | 6.40% |
| 2 | Crosscountry Mortgage | B | 84 | 63 | 1.2% | 6.63% |
| 3 | U.S. Bank | D | 80 | 44 | 26.3% | 7.80% |
| 4 | Rocket Mortgage | C | 75 | 56 | 16.0% | 6.56% |
| 5 | Affinity Plus | C | 68 | 53 | 4.4% | 6.74% |
| 6 | Community Bank Mankato | – | 52 | 45 | 7.7% | — |
| 7 | Minnesota Valley Federal Credit Union | – | 50 | 44 | 6.0% | — |
| 8 | Luminate Bank | B | 44 | 36 | 2.3% | 6.63% |
| 9 | Triad Financial Services | D | 40 | 7 | 40.0% | 9.99% |
| 10 | The Huntington National Bank | D | 39 | 20 | 30.8% | 8.05% |
| 11 | Mortgage Research Center | C | 35 | 16 | 11.4% | 6.50% |
| 12 | Old National Bank | B | 34 | 26 | 14.7% | 6.38% |
| 13 | Wells Fargo Bank | B | 33 | 20 | 18.2% | 6.69% |
| 14 | 21st Mortgage | F | 32 | 3 | 46.9% | 11.51% |
| 15 | Minnstar Bank | – | 32 | 32 | 0.0% | — |
| 16 | BankVista | A | 28 | 27 | 0.0% | — |
| 17 | Frandsen Bank & Trust | B | 27 | 25 | 0.0% | 6.44% |
| 18 | Pioneer Bank | B | 24 | 21 | 0.0% | — |
| 19 | Broker Solutions | D | 23 | 14 | 0.0% | 6.99% |
| 20 | Bankwest | F | 21 | 4 | 52.4% | 8.63% |
| 21 | Southpoint Financial | C | 20 | 16 | 5.0% | — |
| 22 | Pennymac Loan Services | C | 19 | 6 | 10.5% | 6.12% |
| 23 | Freedom Mortgage | B | 18 | 11 | 5.6% | 6.25% |
| 24 | First National Bank Minnesota | – | 18 | 16 | 11.1% | — |
| 25 | Compeer Financial, Flca | C | 17 | 13 | 5.9% | 7.10% |
Best approval odds in Blue Earth County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Crosscountry Mortgage | 65 | 1.5% |
| 2 | Affinity Plus | 57 | 5.3% |
| 3 | United Shore Financial Services | 200 | 6.5% |
| 4 | Rocket Mortgage | 69 | 17.4% |
| 5 | U.S. Bank | 65 | 32.3% |
What Blue Earth County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Blue Earth County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 1,375 | 977 | 12.7% | 6.88% | $175,000 |
| 2024 | 1,512 | 1,001 | 15.2% | 6.88% | $175,000 |
| 2025 | 1,609 | 1,087 | 12.4% | 6.63% | $185,000 |
Frequently asked questions
12.4% of applications in Blue Earth County were denied in 2025, against 13.6% statewide in Minnesota.
United Shore Financial Services, with 215 applications in 2025 and a denial rate of 6.1%.
The median mortgage application in Blue Earth County in 2025 was for $185,000; the median property value on originated loans was $305,000.