Kanabec County, Minnesota · 2025

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

123 lenders acted on 715 mortgage applications for properties in Kanabec County in 2025. 14.3% were denied (Minnesota: 13.6%). Median rate on closed loans 6.75%; median loan $165,000; median property value $315,000.

715Applications
14.3%Denial ratestate 13.6%
6.75%Median ratestate 6.63%
$165,000Median loan
$315,000Median property value

Largest lenders in Kanabec County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Blaze Credit Union B 10058 15.0%6.75%
2 Rocket Mortgage C 3723 24.3%6.13%
3 Affinity Plus C 3117 22.6%7.24%
4 United Shore Financial Services B 3021 16.7%6.63%
5 Crosscountry Mortgage B 2919 0.0%6.63%
6 Neighborhood National Bank 2927 0.0%
7 Broker Solutions D 2214 0.0%6.88%
8 Guaranteed Rate B 2110 4.8%6.75%
9 Bell Bank A 1812 0.0%7.00%
10 Minnco Credit Union F 179 17.7%6.63%
11 U.S. Bank D 148 28.6%7.83%
12 Fairway Independent Mortgage B 148 14.3%6.75%
13 Mortgage Research Center C 149 7.1%6.38%
14 Members Cooperative Credit Union D 136 15.4%7.50%
15 Newrez D 125 16.7%6.99%
16 Loandepot.Com D 128 25.0%6.63%
17 Frandsen Bank & Trust B 118 27.3%6.63%
18 Northview Bank F 115 18.2%
19 Compeer Financial, Flca C 113 36.4%8.25%
20 Granite Bank B 107 0.0%6.38%
21 AmeriSave Mortgage D 80 75.0%
22 Royal Credit Union B 85 25.0%6.94%
23 Coastal Community Bank C 83 0.0%9.74%
24 Pennymac Loan Services C 71 0.0%6.50%
25 Luminate Bank B 75 0.0%7.00%

Best approval odds in Kanabec County

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

#LenderDecidedDecision denial rate
1Blaze Credit Union7819.2%

What Kanabec County borrowers applied for

By loan purpose

Home purchase 276 39% · 6.9% denied
Refinance 101 14% · 9.9% denied
Cash-out refinance 148 21% · 25.0% denied
Home improvement 83 12% · 13.3% denied
Other / HELOC 107 15% · 23.4% denied

By loan type

Conventional 559 78% · 14.1% denied
FHA 97 14% · 20.6% denied
VA 50 7% · 6.0% denied
USDA / RHS 9 1% · 0.0% denied

Why applications were denied

Debt-to-income ratio 34 35%
Collateral 29 30%
Credit history 16 16%
Incomplete application 8 8%
Other 4 4%
Unverifiable information 3 3%
Employment history 2 2%
Insufficient cash 1 1%

Kanabec County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202359837118.6%7.00%$155,000
202465338720.8%6.99%$155,000
202571542814.3%6.75%$165,000

Frequently asked questions

14.3% of applications in Kanabec County were denied in 2025, against 13.6% statewide in Minnesota.

Blaze Credit Union, with 100 applications in 2025 and a denial rate of 15.0%.

The median mortgage application in Kanabec County in 2025 was for $165,000; the median property value on originated loans was $315,000.