Largest lenders in Brown County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Southpoint Financial | C | 132 | 107 | 5.3% | — |
| 2 | Citizens Bank Minnesota | A | 51 | 39 | 7.8% | — |
| 3 | Frandsen Bank & Trust | B | 46 | 41 | 2.2% | 6.88% |
| 4 | Alliance Bank | – | 32 | 20 | 3.1% | — |
| 5 | United Shore Financial Services | B | 29 | 17 | 17.2% | 6.49% |
| 6 | Bank Midwest | B | 26 | 21 | 3.9% | — |
| 7 | Rocket Mortgage | C | 24 | 18 | 12.5% | 6.50% |
| 8 | Compeer Financial, Flca | C | 14 | 11 | 7.1% | 7.13% |
| 9 | Mortgage Research Center | C | 11 | 9 | 18.2% | 6.63% |
| 10 | Loandepot.Com | D | 11 | 8 | 18.2% | 6.69% |
| 11 | Pennymac Loan Services | C | 10 | 9 | 10.0% | 5.99% |
| 12 | Luminate Bank | B | 10 | 7 | 0.0% | 6.44% |
| 13 | Crosscountry Mortgage | B | 8 | 7 | 12.5% | 6.58% |
| 14 | Affinity Plus | C | 8 | 6 | 25.0% | 5.87% |
| 15 | Broker Solutions | D | 8 | 4 | 12.5% | 7.13% |
| 16 | 21st Mortgage | F | 7 | 1 | 85.7% | 13.29% |
| 17 | Freedom Mortgage | B | 7 | 3 | 0.0% | 6.13% |
| 18 | Old National Bank | B | 7 | 6 | 0.0% | 6.13% |
| 19 | Discover Bank | F | 5 | 0 | 80.0% | — |
| 20 | New Day Financial | F | 5 | 1 | 60.0% | 6.99% |
| 21 | Plains Commerce Bank | B | 5 | 2 | 20.0% | 6.94% |
| 22 | Iowa Bankers Mortgage | B | 5 | 4 | 0.0% | 6.69% |
| 23 | Tradition Mortgage | A | 5 | 5 | 0.0% | 6.75% |
| 24 | HomeTown Bank | B | 5 | 5 | 0.0% | 6.75% |
Best approval odds in Brown County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Southpoint Financial | 114 | 6.1% |
| 2 | Citizens Bank Minnesota | 50 | 8.0% |
What Brown County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Brown County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 506 | 369 | 10.9% | 6.75% | $125,000 |
| 2024 | 554 | 400 | 9.9% | 6.75% | $135,000 |
| 2025 | 615 | 435 | 10.7% | 6.63% | $145,000 |
Frequently asked questions
10.7% of applications in Brown County were denied in 2025, against 13.6% statewide in Minnesota.
Southpoint Financial, with 132 applications in 2025 and a denial rate of 5.3%.
The median mortgage application in Brown County in 2025 was for $145,000; the median property value on originated loans was $225,000.