Largest lenders in Rock County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Minnwest Bank | C | 37 | 30 | 8.1% | 7.00% |
| 2 | Plains Commerce Bank | B | 34 | 24 | 5.9% | 6.44% |
| 3 | Security Savings Bank | – | 13 | 9 | 23.1% | — |
| 4 | Newrez | D | 12 | 8 | 0.0% | 6.25% |
| 5 | Compeer Financial, Flca | C | 12 | 9 | 0.0% | 7.38% |
| 6 | First International Bank & Trust | B | 12 | 9 | 8.3% | 7.00% |
| 7 | U.S. Bank | D | 11 | 7 | 27.3% | 6.99% |
| 8 | First PREMIER Bank | C | 11 | 7 | 27.3% | 6.63% |
| 9 | First Bank & Trust | C | 9 | 4 | 0.0% | 6.75% |
| 10 | Freedom Mortgage | B | 8 | 2 | 37.5% | 5.88% |
| 11 | Rocket Mortgage | C | 8 | 5 | 12.5% | 5.88% |
| 12 | United Shore Financial Services | B | 7 | 6 | 0.0% | 6.24% |
| 13 | Figure Lending | C | 7 | 3 | 0.0% | 7.05% |
| 14 | Levo Federal Credit Union | B | 5 | 3 | 0.0% | 8.49% |
| 15 | Central Bank | A | 5 | 4 | 0.0% | 6.19% |
| 16 | Mortgage Research Center | C | 5 | 2 | 20.0% | 6.00% |
| 17 | First State Bank Southwest | A | 5 | 4 | 0.0% | — |
What Rock County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Rock County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 205 | 126 | 18.5% | 6.88% | $165,000 |
| 2024 | 259 | 171 | 15.8% | 6.99% | $135,000 |
| 2025 | 297 | 193 | 11.1% | 6.75% | $155,000 |
Frequently asked questions
11.1% of applications in Rock County were denied in 2025, against 13.6% statewide in Minnesota.
Minnwest Bank, with 37 applications in 2025 and a denial rate of 8.1%.
The median mortgage application in Rock County in 2025 was for $155,000; the median property value on originated loans was $245,000.