Largest lenders in Hubbard County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Affinity Plus | C | 47 | 29 | 23.4% | 6.63% |
| 2 | Rocket Mortgage | C | 41 | 22 | 36.6% | 6.38% |
| 3 | United Shore Financial Services | B | 32 | 25 | 12.5% | 6.13% |
| 4 | Servion | B | 27 | 24 | 0.0% | 6.44% |
| 5 | Plaza Home Mortgage | C | 18 | 13 | 5.6% | 6.13% |
| 6 | Deerwood Bank | A | 17 | 17 | 0.0% | 7.38% |
| 7 | Merchants Bank | A | 17 | 16 | 5.9% | 6.15% |
| 8 | U.S. Bank | D | 16 | 9 | 43.8% | 6.75% |
| 9 | Bell Bank | A | 16 | 11 | 6.3% | 6.99% |
| 10 | Northview Bank | F | 14 | 6 | 28.6% | — |
| 11 | Freedom Mortgage | B | 12 | 6 | 0.0% | 5.56% |
| 12 | Bank Forward | A | 12 | 6 | 0.0% | — |
| 13 | Mortgage Research Center | C | 12 | 5 | 33.3% | 6.50% |
| 14 | Loandepot.Com | D | 12 | 8 | 33.3% | 7.06% |
| 15 | Wells Fargo Bank | B | 11 | 7 | 18.2% | 6.63% |
| 16 | Gate City Bank | C | 11 | 9 | 9.1% | 6.13% |
| 17 | Iowa Bankers Mortgage | B | 11 | 4 | 36.4% | 6.56% |
| 18 | Newrez | D | 11 | 5 | 9.1% | 6.50% |
| 19 | Pennymac Loan Services | C | 9 | 6 | 22.2% | 5.88% |
| 20 | Luminate Bank | B | 9 | 6 | 0.0% | 6.62% |
| 21 | Coastal Community Bank | C | 9 | 2 | 11.1% | 11.12% |
| 22 | National Bank of Commerce | B | 7 | 6 | 0.0% | 7.55% |
| 23 | Fairway Independent Mortgage | B | 7 | 7 | 0.0% | 6.37% |
| 24 | Granite Bank | B | 7 | 5 | 14.3% | 6.63% |
| 25 | Alerus Financial | B | 7 | 6 | 14.3% | 6.63% |
What Hubbard County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Hubbard County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 485 | 320 | 15.1% | 6.88% | $185,000 |
| 2024 | 521 | 339 | 12.1% | 6.75% | $195,000 |
| 2025 | 614 | 386 | 16.3% | 6.63% | $195,000 |
Frequently asked questions
16.3% of applications in Hubbard County were denied in 2025, against 13.6% statewide in Minnesota.
Affinity Plus, with 47 applications in 2025 and a denial rate of 23.4%.
The median mortgage application in Hubbard County in 2025 was for $195,000; the median property value on originated loans was $365,000.