Chisago County, Minnesota · 2025

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

221 lenders acted on 2,461 mortgage applications for properties in Chisago County in 2025. 14.6% were denied (Minnesota: 13.6%). Median rate on closed loans 6.75%; median loan $235,000; median property value $395,000.

2.5kApplications
14.6%Denial ratestate 13.6%
6.75%Median ratestate 6.63%
$235,000Median loan
$395,000Median property value

Largest lenders in Chisago County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Bell Bank A 125105 5.6%6.75%
2 Rocket Mortgage C 12093 11.7%6.63%
3 United Shore Financial Services B 11783 11.1%6.41%
4 U.S. Bank D 11562 27.0%8.65%
5 Affinity Plus C 9970 16.2%6.50%
6 Crosscountry Mortgage B 9472 1.1%6.63%
7 Royal Credit Union B 8358 15.7%6.75%
8 Guaranteed Rate B 7044 1.4%6.41%
9 Minnco Credit Union F 6644 12.1%7.50%
10 Loandepot.Com D 6533 33.9%6.13%
11 Trustone Financial Credit Union C 6448 7.8%7.00%
12 Pennymac Loan Services C 5236 5.8%6.13%
13 Broker Solutions D 5135 2.0%6.88%
14 Blaze Credit Union B 4731 19.2%6.50%
15 Newrez D 4316 14.0%6.69%
16 MidWestOne Bank A 4025 30.0%5.99%
17 The Huntington National Bank D 3821 21.1%7.79%
18 Associated Bank B 3221 31.3%7.25%
19 Members Cooperative Credit Union D 3220 15.6%7.75%
20 Mortgage Research Center C 3217 6.3%6.25%
21 Prosperity Home Mortgage A 3227 0.0%6.63%
22 Freedom Mortgage B 2910 3.5%6.38%
23 Spring Eq D 2810 46.4%8.53%
24 Topline Financial Credit Union A 2617 30.8%6.50%
25 IDEAL Credit Union A 2617 19.2%6.50%

Best approval odds in Chisago County

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

#LenderDecidedDecision denial rate
1Crosscountry Mortgage751.3%
2Bell Bank1136.2%
3Trustone Financial Credit Union568.9%
4Rocket Mortgage11312.4%
5United Shore Financial Services9713.4%
6Minnco Credit Union5215.4%
7Royal Credit Union7317.8%
8Affinity Plus8618.6%
9U.S. Bank9532.6%
10Loandepot.Com5540.0%

What Chisago County borrowers applied for

By loan purpose

Home purchase 1,010 41% · 7.1% denied
Refinance 342 14% · 13.5% denied
Cash-out refinance 433 18% · 17.3% denied
Home improvement 311 13% · 18.3% denied
Other / HELOC 365 15% · 30.1% denied

By loan type

Conventional 1,966 80% · 14.7% denied
FHA 287 12% · 16.0% denied
VA 189 8% · 11.6% denied
USDA / RHS 19 1% · 15.8% denied

Why applications were denied

Debt-to-income ratio 134 38%
Credit history 96 27%
Collateral 54 15%
Incomplete application 29 8%
Other 22 6%
Insufficient cash 9 3%
Unverifiable information 6 2%
Employment history 1 0%

Chisago County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20232,1551,40815.6%6.94%$195,000
20242,3461,51016.3%6.99%$205,000
20252,4611,56714.6%6.75%$235,000

Frequently asked questions

14.6% of applications in Chisago County were denied in 2025, against 13.6% statewide in Minnesota.

Bell Bank, with 125 applications in 2025 and a denial rate of 5.6%.

The median mortgage application in Chisago County in 2025 was for $235,000; the median property value on originated loans was $395,000.