Minnesota · HMDA 2025
Mortgage lenders in Dakota County, MN
435 lenders reported 17,858 home-loan applications in Dakota County in 2025. 10,300 closed as loans ($3.2B), 2,268 were denied — a 17.3% denial rate on decided applications, above the Minnesota rate of 16.2%. The three most active lenders handled 14% of applications, led by U.S. Bank National Association. 15 lenders in the list are banks or credit unions with a TellerScore profile.
- Applications
- 17,858
- Loans originated
- 10,300
- Purchase / refinance
- 5,823 / 2,344
- 30-yr rate (national)
- 7.40%week of Oct 15, 2026
Lenders ranked by applications in Dakota County
| # | Lender | Applications here | Share | Nationwide denial rate |
|---|---|---|---|---|
| 1 | U.S. Bank National Association 55 out of 100, Moderate | 1,073 | 6.0% | 39.5% |
| 2 | Wings Financial Credit Union | 779 | 4.4% | — |
| 3 | PENNYMAC LOAN SERVICES, LLC | 696 | 3.9% | — |
| 4 | TRUSTONE FINANCIAL CREDIT UNION 68 out of 100, Moderate | 691 | 3.9% | 22.2% |
| 5 | Bell Bank 59 out of 100, Moderate | 654 | 3.7% | 7.1% |
| 6 | UNITED SHORE FINANCIAL SERVICES, LLC | 652 | 3.7% | — |
| 7 | Rocket Mortgage, LLC | 623 | 3.5% | — |
| 8 | AFFINITY PLUS | 495 | 2.8% | — |
| 9 | JPMorgan Chase Bank, National Association 61 out of 100, Moderate | 379 | 2.1% | 14.1% |
| 10 | The Huntington National Bank 59 out of 100, Moderate | 345 | 1.9% | 31.6% |
| 11 | NATIONSTAR MORTGAGE LLC | 307 | 1.7% | — |
| 12 | Fairway Independent Mortgage Corporation | 300 | 1.7% | — |
| 13 | NEWREZ LLC | 296 | 1.7% | — |
| 14 | LENNAR MORTGAGE, LLC | 290 | 1.6% | — |
| 15 | Royal Credit Union 73 out of 100, Strong | 286 | 1.6% | 11.3% |
| 16 | GUARANTEED RATE, INC. | 274 | 1.5% | — |
| 17 | CROSSCOUNTRY MORTGAGE, INC. | 272 | 1.5% | — |
| 18 | Prosperity Home Mortgage, LLC | 261 | 1.5% | — |
| 19 | Blaze Credit Union 61 out of 100, Moderate | 257 | 1.4% | 14.3% |
| 20 | Wells Fargo Bank, National Association 58 out of 100, Moderate | 235 | 1.3% | 22.2% |
| 21 | Loandepot.Com, LLC | 234 | 1.3% | — |
| 22 | 21st Mortgage Corporation | 232 | 1.3% | — |
| 23 | Broker Solutions, Inc. | 229 | 1.3% | — |
| 24 | AMERIHOME MORTGAGE COMPANY, LLC | 223 | 1.2% | — |
| 25 | FREEDOM MORTGAGE CORPORATION | 208 | 1.2% | — |
| 26 | Old National Bank 59 out of 100, Moderate | 187 | 1.0% | 22.1% |
| 27 | DHI MORTGAGE COMPANY, LTD. | 185 | 1.0% | — |
| 28 | TRIAD FINANCIAL SERVICES, INC. | 172 | 1.0% | — |
| 29 | Mortgage Research Center, LLC | 170 | 1.0% | — |
| 30 | Luminate Bank 47 out of 100, Below average | 168 | 0.9% | 4.3% |
| 31 | CMG MORTGAGE, INC. | 156 | 0.9% | — |
| 32 | Coastal Community Bank 35 out of 100, Low | 155 | 0.9% | 3.0% |
| 33 | Bank of America, National Association 59 out of 100, Moderate | 154 | 0.9% | 44.7% |
| 34 | FIGURE LENDING LLC | 144 | 0.8% | — |
| 35 | SPRING EQ, LLC | 142 | 0.8% | — |
| 36 | Tradition Mortgage, LLC | 142 | 0.8% | — |
| 37 | Merchants Bank, National Association 73 out of 100, Strong | 138 | 0.8% | 5.9% |
| 38 | IDEAL Credit Union 62 out of 100, Moderate | 137 | 0.8% | 23.4% |
| 39 | Granite Bank 53 out of 100, Below average | 126 | 0.7% | 6.2% |
| 40 | GUILD MORTGAGE COMPANY | 112 | 0.6% | — |
Top 40 of 435 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
- 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
- Crow Wing County 2,996 apps