Roseau County, Minnesota · 2025

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

61 lenders acted on 303 mortgage applications for properties in Roseau County in 2025. 10.9% were denied (Minnesota: 13.6%). Median rate on closed loans 6.50%; median loan $155,000; median property value $215,000.

303Applications
10.9%Denial ratestate 13.6%
6.50%Median ratestate 6.63%
$155,000Median loan
$215,000Median property value

Largest lenders in Roseau County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Broker Solutions D 7865 2.6%6.50%
2 Border Bank A 7765 2.6%
3 Rocket Mortgage C 2215 27.3%6.38%
4 United Shore Financial Services B 84 37.5%6.75%
5 Mortgage Research Center C 84 12.5%6.13%
6 U.S. Bank D 74 42.9%6.56%
7 Affinity Plus C 75 14.3%6.13%
8 Barrington Bank & Trust Company C 52 0.0%6.87%
9 AmeriSave Mortgage D 51 60.0%6.63%

Best approval odds in Roseau County

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

#LenderDecidedDecision denial rate
1Border Bank673.0%
2Broker Solutions673.0%

What Roseau County borrowers applied for

By loan purpose

Home purchase 150 50% · 3.3% denied
Refinance 44 15% · 11.4% denied
Cash-out refinance 64 21% · 17.2% denied
Home improvement 16 5% · 12.5% denied
Other / HELOC 29 10% · 34.5% denied

By loan type

Conventional 202 67% · 11.4% denied
FHA 79 26% · 12.7% denied
VA 22 7% · 0.0% denied

Why applications were denied

Collateral 9 30%
Credit history 7 23%
Debt-to-income ratio 6 20%
Incomplete application 5 17%
Unverifiable information 1 3%
Insufficient cash 1 3%
Other 1 3%

Roseau County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202326119410.3%6.75%$125,000
202426918812.3%6.63%$145,000
202530321110.9%6.50%$155,000

Frequently asked questions

10.9% of applications in Roseau County were denied in 2025, against 13.6% statewide in Minnesota.

Broker Solutions, with 78 applications in 2025 and a denial rate of 2.6%.

The median mortgage application in Roseau County in 2025 was for $155,000; the median property value on originated loans was $215,000.