Largest lenders in Itasca County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Affinity Plus | C | 317 | 233 | 13.3% | 6.74% |
| 2 | North Shore Bank of Commerce | B | 66 | 48 | 12.1% | 6.63% |
| 3 | Members Cooperative Credit Union | D | 66 | 34 | 22.7% | 7.19% |
| 4 | Rocket Mortgage | C | 65 | 37 | 24.6% | 6.63% |
| 5 | Deerwood Bank | A | 57 | 54 | 1.8% | 7.25% |
| 6 | U.S. Bank | D | 55 | 23 | 40.0% | 7.38% |
| 7 | Park State Bank | C | 52 | 35 | 15.4% | 6.63% |
| 8 | Newrez | D | 52 | 36 | 19.2% | 6.38% |
| 9 | Crosscountry Mortgage | B | 50 | 38 | 0.0% | 6.58% |
| 10 | United Shore Financial Services | B | 42 | 27 | 16.7% | 5.77% |
| 11 | Mortgage Research Center | C | 38 | 21 | 10.5% | 6.25% |
| 12 | Guaranteed Rate | B | 30 | 21 | 10.0% | 6.88% |
| 13 | Fairway Independent Mortgage | B | 29 | 18 | 6.9% | 6.99% |
| 14 | Northview Bank | F | 27 | 17 | 14.8% | — |
| 15 | Premier Mortgage Resources | B | 26 | 23 | 0.0% | 6.75% |
| 16 | Pennymac Loan Services | C | 22 | 8 | 18.2% | 6.50% |
| 17 | Blaze Credit Union | B | 22 | 15 | 18.2% | 6.50% |
| 18 | Loandepot.Com | D | 19 | 13 | 21.1% | 6.88% |
| 19 | Broker Solutions | D | 18 | 6 | 16.7% | 6.69% |
| 20 | AmeriSave Mortgage | D | 16 | 2 | 75.0% | 6.56% |
| 21 | Coastal Community Bank | C | 15 | 3 | 6.7% | 10.49% |
| 22 | New Day Financial | F | 14 | 2 | 14.3% | 6.99% |
| 23 | Nationstar Mortgage | C | 14 | 8 | 7.1% | 7.38% |
| 24 | Granite Bank | B | 14 | 10 | 14.3% | 6.63% |
| 25 | Superior Choice Credit Union | B | 14 | 3 | 50.0% | 5.63% |
Best approval odds in Itasca County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Deerwood Bank | 55 | 1.8% |
| 2 | North Shore Bank of Commerce | 58 | 13.8% |
| 3 | Affinity Plus | 277 | 15.2% |
| 4 | Rocket Mortgage | 57 | 28.1% |
| 5 | Members Cooperative Credit Union | 50 | 30.0% |
What Itasca County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Itasca County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 1,257 | 841 | 14.5% | 6.88% | $125,000 |
| 2024 | 1,406 | 957 | 12.7% | 6.99% | $145,000 |
| 2025 | 1,537 | 998 | 15.2% | 6.63% | $165,000 |
Frequently asked questions
15.2% of applications in Itasca County were denied in 2025, against 13.6% statewide in Minnesota.
Affinity Plus, with 317 applications in 2025 and a denial rate of 13.3%.
The median mortgage application in Itasca County in 2025 was for $165,000; the median property value on originated loans was $285,000.