Largest lenders in Renville County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | HomeTown Bank | B | 39 | 34 | 7.7% | 7.08% |
| 2 | Rocket Mortgage | C | 29 | 21 | 17.2% | 6.63% |
| 3 | Frandsen Bank & Trust | B | 18 | 12 | 5.6% | 6.25% |
| 4 | United Shore Financial Services | B | 17 | 10 | 17.7% | 6.50% |
| 5 | Minnwest Bank | C | 14 | 9 | 28.6% | 7.00% |
| 6 | Mortgage Research Center | C | 14 | 8 | 0.0% | 6.50% |
| 7 | Broker Solutions | D | 10 | 5 | 0.0% | 6.99% |
| 8 | Southpoint Financial | C | 9 | 6 | 33.3% | — |
| 9 | Trustone Financial Credit Union | C | 8 | 4 | 12.5% | 7.00% |
| 10 | Prosperity Home Mortgage | A | 8 | 8 | 0.0% | 7.13% |
| 11 | Pennymac Loan Services | C | 6 | 4 | 16.7% | 6.43% |
| 12 | Citizens Alliance Bank | B | 6 | 5 | 16.7% | — |
| 13 | Heritage Bank | C | 6 | 2 | 0.0% | — |
| 14 | Cortrust Mortgage | B | 6 | 5 | 0.0% | 6.13% |
| 15 | Homeowners Financial Group USA | B | 5 | 5 | 0.0% | 7.00% |
| 16 | Fairway Independent Mortgage | B | 5 | 3 | 40.0% | 6.38% |
| 17 | Loandepot.Com | D | 5 | 3 | 40.0% | 8.38% |
| 18 | Ark-La-Tex Financial Services, LLC. | A | 5 | 4 | 0.0% | 6.69% |
What Renville County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Renville County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 334 | 237 | 16.2% | 6.63% | $110,000 |
| 2024 | 354 | 228 | 15.3% | 6.88% | $125,000 |
| 2025 | 358 | 233 | 13.7% | 6.63% | $125,000 |
Frequently asked questions
13.7% of applications in Renville County were denied in 2025, against 13.6% statewide in Minnesota.
HomeTown Bank, with 39 applications in 2025 and a denial rate of 7.7%.
The median mortgage application in Renville County in 2025 was for $125,000; the median property value on originated loans was $175,000.