Minnesota · HMDA 2025
Mortgage lenders in Carlton County, MN
157 lenders reported 1,501 home-loan applications in Carlton County in 2025. 912 closed as loans ($188.7M), 186 were denied — a 16.2% denial rate on decided applications, close to the Minnesota rate of 16.2%. The three most active lenders handled 24% of applications, led by Members Cooperative Credit Union. 15 lenders in the list are banks or credit unions with a TellerScore profile.
- Applications
- 1,501
- Loans originated
- 912
- Purchase / refinance
- 448 / 248
- 30-yr rate (national)
- 7.40%week of Oct 15, 2026
Lenders ranked by applications in Carlton County
| # | Lender | Applications here | Share | Nationwide denial rate |
|---|---|---|---|---|
| 1 | Members Cooperative Credit Union | 166 | 11.1% | — |
| 2 | NORTHWOODS | 120 | 8.0% | — |
| 3 | U.S. Bank National Association 55 out of 100, Moderate | 78 | 5.2% | 39.5% |
| 4 | Rocket Mortgage, LLC | 69 | 4.6% | — |
| 5 | North Shore Bank of Commerce 71 out of 100, Strong | 56 | 3.7% | 5.2% |
| 6 | Northview Bank 74 out of 100, Strong | 53 | 3.5% | 23.1% |
| 7 | Frandsen Bank & Trust 71 out of 100, Strong | 47 | 3.1% | 7.9% |
| 8 | Mortgage Research Center, LLC | 39 | 2.6% | — |
| 9 | AFFINITY PLUS | 39 | 2.6% | — |
| 10 | PENNYMAC LOAN SERVICES, LLC | 38 | 2.5% | — |
| 11 | Servion, Inc. | 35 | 2.3% | — |
| 12 | CENTRICITY Credit Union 85 out of 100, Very strong | 33 | 2.2% | 13.0% |
| 13 | COMPEER FINANCIAL, FLCA | 28 | 1.9% | — |
| 14 | NEWREZ LLC | 26 | 1.7% | — |
| 15 | UNITED SHORE FINANCIAL SERVICES, LLC | 26 | 1.7% | — |
| 16 | Broker Solutions, Inc. | 26 | 1.7% | — |
| 17 | Bell Bank 59 out of 100, Moderate | 25 | 1.7% | 7.1% |
| 18 | NATIONSTAR MORTGAGE LLC | 22 | 1.5% | — |
| 19 | Harbor Pointe Credit Union 73 out of 100, Strong | 21 | 1.4% | 0.9% |
| 20 | Wells Fargo Bank, National Association 58 out of 100, Moderate | 20 | 1.3% | 22.2% |
| 21 | North Shore Federal Credit Union 74 out of 100, Strong | 19 | 1.3% | 10.3% |
| 22 | AMERICAN PACIFIC MORTGAGE CORPORATION | 19 | 1.3% | — |
| 23 | The First National Bank of Moose Lake 94 out of 100, Very strong | 17 | 1.1% | 17.1% |
| 24 | JPMorgan Chase Bank, National Association 61 out of 100, Moderate | 16 | 1.1% | 14.1% |
| 25 | Loandepot.Com, LLC | 16 | 1.1% | — |
| 26 | AMERIHOME MORTGAGE COMPANY, LLC | 15 | 1.0% | — |
| 27 | EVERETT FINANCIAL, INC. | 14 | 0.9% | — |
| 28 | REGENT FINANCIAL GROUP, INC. | 13 | 0.9% | — |
| 29 | KIND LENDING, LLC | 13 | 0.9% | — |
| 30 | NEW DAY FINANCIAL, LLC | 13 | 0.9% | — |
| 31 | Coastal Community Bank 35 out of 100, Low | 12 | 0.8% | 3.0% |
| 32 | CROSSCOUNTRY MORTGAGE, INC. | 11 | 0.7% | — |
| 33 | SOFI BANK, NATIONAL ASSOCIATION | 11 | 0.7% | — |
| 34 | FREEDOM MORTGAGE CORPORATION | 11 | 0.7% | — |
| 35 | National Bank of Commerce 70 out of 100, Strong | 11 | 0.7% | 4.8% |
| 36 | GUARANTEED RATE, INC. | 10 | 0.7% | — |
| 37 | GUILD MORTGAGE COMPANY | 10 | 0.7% | — |
| 38 | TRUSTONE FINANCIAL CREDIT UNION 68 out of 100, Moderate | 10 | 0.7% | 22.2% |
| 39 | Cornerstone State Bank 74 out of 100, Strong | 9 | 0.6% | 6.0% |
| 40 | CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | 9 | 0.6% | — |
Top 40 of 157 lenders shown. Denial rates are each lender's nationwide figure for 2025, available for banks and credit unions we profile.
Other counties in Minnesota
- Hennepin County 43,986 apps
- Dakota County 17,858 apps
- Ramsey County 16,065 apps
- Anoka County 15,259 apps
- Washington County 12,517 apps
- Wright County 7,712 apps
- St. Louis County 6,914 apps
- Scott County 6,536 apps
- Olmsted County 5,774 apps
- Stearns County 5,097 apps
- Carver County 5,082 apps
- Sherburne County 4,765 apps