Cass County, Minnesota · 2025

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

214 lenders acted on 1,176 mortgage applications for properties in Cass County in 2025. 12.9% were denied (Minnesota: 13.6%). Median rate on closed loans 6.65%; median loan $215,000; median property value $405,000.

1.2kApplications
12.9%Denial ratestate 13.6%
6.65%Median ratestate 6.63%
$215,000Median loan
$405,000Median property value

Largest lenders in Cass County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 6553 12.3%6.88%
2 Affinity Plus C 5941 13.6%6.74%
3 U.S. Bank D 5432 24.1%6.50%
4 Deerwood Bank A 3930 5.1%7.25%
5 United Shore Financial Services B 2819 21.4%6.25%
6 Bell Bank A 2723 3.7%7.25%
7 Plaza Home Mortgage C 2721 18.5%6.38%
8 American National Bank of Minnesota A 2625 0.0%
9 Frandsen Bank & Trust B 2520 8.0%6.88%
10 National Bank of Commerce B 2422 8.3%6.81%
11 Granite Bank B 2420 0.0%6.63%
12 Loandepot.Com D 2312 30.4%7.50%
13 Broker Solutions D 229 9.1%6.75%
14 Everett Financial C 2117 0.0%6.63%
15 First Western Bank & Trust B 2016 5.0%6.19%
16 Blaze Credit Union B 1913 5.3%6.75%
17 Mortgage Research Center C 199 15.8%6.63%
18 Pennymac Loan Services C 186 16.7%6.44%
19 Crosscountry Mortgage B 1712 0.0%6.54%
20 Newrez D 177 17.7%6.88%
21 Bank Forward A 1611 0.0%
22 Wings Financial Credit Union A 1611 18.8%6.63%
23 Luminate Bank B 1513 0.0%6.75%
24 Coastal Community Bank C 153 0.0%13.49%
25 Old National Bank B 1410 21.4%6.63%

Best approval odds in Cass County

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

#LenderDecidedDecision denial rate
1Rocket Mortgage6212.9%
2Affinity Plus5016.0%

What Cass County borrowers applied for

By loan purpose

Home purchase 506 43% · 4.9% denied
Refinance 183 16% · 13.1% denied
Cash-out refinance 252 21% · 22.2% denied
Home improvement 99 8% · 15.2% denied
Other / HELOC 136 12% · 23.5% denied

By loan type

Conventional 965 82% · 11.2% denied
FHA 111 9% · 27.0% denied
VA 91 8% · 15.4% denied
USDA / RHS 9 1% · 0.0% denied

Why applications were denied

Debt-to-income ratio 45 30%
Credit history 33 22%
Collateral 33 22%
Incomplete application 16 11%
Other 9 6%
Unverifiable information 6 4%
Insufficient cash 5 3%
Employment history 2 1%

Cass County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202399665214.4%6.88%$195,000
20241,03367514.7%6.99%$195,000
20251,17678412.9%6.65%$215,000

Frequently asked questions

12.9% of applications in Cass County were denied in 2025, against 13.6% statewide in Minnesota.

Rocket Mortgage, with 65 applications in 2025 and a denial rate of 12.3%.

The median mortgage application in Cass County in 2025 was for $215,000; the median property value on originated loans was $405,000.