Largest lenders in Scott County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Trustone Financial Credit Union | C | 320 | 223 | 21.6% | 7.25% |
| 2 | Wings Financial Credit Union | A | 292 | 182 | 17.8% | 7.25% |
| 3 | U.S. Bank | D | 268 | 135 | 29.1% | 8.30% |
| 4 | Rocket Mortgage | C | 251 | 191 | 15.1% | 6.75% |
| 5 | Bell Bank | A | 247 | 211 | 3.2% | 6.63% |
| 6 | United Shore Financial Services | B | 225 | 181 | 8.0% | 6.37% |
| 7 | Fairway Independent Mortgage | B | 135 | 99 | 5.9% | 6.63% |
| 8 | Dhi Mortgage Company | B | 124 | 95 | 8.1% | 5.50% |
| 9 | Old National Bank | B | 123 | 80 | 25.2% | 6.00% |
| 10 | Affinity Plus | C | 117 | 77 | 14.5% | 6.74% |
| 11 | Crosscountry Mortgage | B | 100 | 83 | 3.0% | 6.58% |
| 12 | The Huntington National Bank | D | 98 | 50 | 32.7% | 7.46% |
| 13 | Lennar Mortgage | A | 95 | 85 | 3.2% | 5.63% |
| 14 | Blaze Credit Union | B | 91 | 55 | 8.8% | 6.50% |
| 15 | Wells Fargo Bank | B | 86 | 53 | 10.5% | 6.50% |
| 16 | Newrez | D | 85 | 37 | 20.0% | 6.75% |
| 17 | Prosperity Home Mortgage | A | 82 | 65 | 3.7% | 6.63% |
| 18 | Broker Solutions | D | 81 | 50 | 1.2% | 6.69% |
| 19 | Pennymac Loan Services | C | 74 | 48 | 12.2% | 6.25% |
| 20 | Luminate Bank | B | 68 | 54 | 0.0% | 6.49% |
| 21 | Coastal Community Bank | C | 68 | 25 | 2.9% | 9.74% |
| 22 | Guaranteed Rate | B | 66 | 38 | 6.1% | 6.50% |
| 23 | M/i Financial | A | 63 | 50 | 1.6% | 5.88% |
| 24 | Granite Bank | B | 60 | 49 | 1.7% | 6.63% |
| 25 | Spring Eq | D | 59 | 17 | 50.9% | 9.32% |
Best approval odds in Scott County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Tradition Mortgage | 52 | 0.0% |
| 2 | Luminate Bank | 54 | 0.0% |
| 3 | M/i Financial | 61 | 1.6% |
| 4 | Broker Solutions | 51 | 2.0% |
| 5 | Granite Bank | 50 | 2.0% |
| 6 | Lennar Mortgage | 88 | 3.4% |
| 7 | Crosscountry Mortgage | 87 | 3.5% |
| 8 | Coastal Community Bank | 55 | 3.6% |
| 9 | Bell Bank | 220 | 3.6% |
| 10 | Prosperity Home Mortgage | 69 | 4.4% |
What Scott County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Scott County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 4,850 | 3,281 | 13.4% | 6.88% | $235,000 |
| 2024 | 5,179 | 3,477 | 14.4% | 6.99% | $235,000 |
| 2025 | 5,759 | 3,864 | 13.6% | 6.63% | $265,000 |
Frequently asked questions
13.6% of applications in Scott County were denied in 2025, against 13.6% statewide in Minnesota.
Trustone Financial Credit Union, with 320 applications in 2025 and a denial rate of 21.6%.
The median mortgage application in Scott County in 2025 was for $265,000; the median property value on originated loans was $465,000.