Largest lenders in Nobles County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | First State Bank Southwest | A | 58 | 56 | 1.7% | — |
| 2 | Plains Commerce Bank | B | 31 | 21 | 6.5% | 6.50% |
| 3 | Rocket Mortgage | C | 27 | 20 | 25.9% | 6.25% |
| 4 | Towne Mortgage | B | 23 | 20 | 4.4% | 6.69% |
| 5 | Compeer Financial, Flca | C | 19 | 14 | 0.0% | 7.13% |
| 6 | BMO Bank | F | 16 | 8 | 31.3% | 8.04% |
| 7 | Premier Lending | B | 13 | 13 | 0.0% | 7.00% |
| 8 | Servion | B | 9 | 6 | 11.1% | 6.56% |
| 9 | Coastal Community Bank | C | 8 | 5 | 0.0% | 9.49% |
| 10 | Wells Fargo Bank | B | 7 | 4 | 14.3% | 6.06% |
| 11 | AmeriSave Mortgage | D | 7 | 1 | 71.4% | 6.75% |
| 12 | American Bank & Trust | C | 7 | 3 | 42.9% | 6.75% |
| 13 | Reliabank Dakota | B | 7 | 2 | 42.9% | 7.14% |
| 14 | Lendingone | F | 7 | 4 | 14.3% | 7.11% |
| 15 | United Shore Financial Services | B | 6 | 4 | 33.3% | 6.18% |
| 16 | U.S. Bank | D | 5 | 1 | 60.0% | 6.38% |
| 17 | Minnwest Bank | C | 5 | 4 | 0.0% | 7.70% |
| 18 | Village Capital & Investment | C | 5 | 2 | 0.0% | 5.62% |
| 19 | Broker Solutions | D | 5 | 2 | 0.0% | 7.25% |
| 20 | Loandepot.Com | D | 5 | 1 | 80.0% | 5.75% |
| 21 | Figure Lending | C | 5 | 0 | 40.0% | — |
Best approval odds in Nobles County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | First State Bank Southwest | 58 | 1.7% |
What Nobles County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Nobles County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 288 | 187 | 16.7% | 6.75% | $135,000 |
| 2024 | 355 | 253 | 14.7% | 6.99% | $155,000 |
| 2025 | 388 | 257 | 15.7% | 6.75% | $165,000 |
Frequently asked questions
15.7% of applications in Nobles County were denied in 2025, against 13.6% statewide in Minnesota.
First State Bank Southwest, with 58 applications in 2025 and a denial rate of 1.7%.
The median mortgage application in Nobles County in 2025 was for $165,000; the median property value on originated loans was $245,000.