Minnesota · HMDA 2025
Mortgage lenders in Norman County, MN
69 lenders reported 200 home-loan applications in Norman County in 2025. 106 closed as loans ($17.0M), 25 were denied — a 18.7% denial rate on decided applications, above the Minnesota rate of 16.2%. The three most active lenders handled 18% of applications, led by Frandsen Bank & Trust. 17 lenders in the list are banks or credit unions with a TellerScore profile.
- Applications
- 200
- Loans originated
- 106
- Purchase / refinance
- 61 / 30
- 30-yr rate (national)
- 7.40%week of Oct 15, 2026
Lenders ranked by applications in Norman County
| # | Lender | Applications here | Share | Nationwide denial rate |
|---|---|---|---|---|
| 1 | Frandsen Bank & Trust 71 out of 100, Strong | 13 | 6.5% | 7.9% |
| 2 | U.S. Bank National Association 55 out of 100, Moderate | 11 | 5.5% | 39.5% |
| 3 | BMO Bank National Association 83 out of 100, Strong | 11 | 5.5% | 40.5% |
| 4 | Bell Bank 59 out of 100, Moderate | 11 | 5.5% | 7.1% |
| 5 | PENNYMAC LOAN SERVICES, LLC | 8 | 4.0% | — |
| 6 | UNITED SHORE FINANCIAL SERVICES, LLC | 7 | 3.5% | — |
| 7 | GUARANTEED RATE, INC. | 7 | 3.5% | — |
| 8 | Rocket Mortgage, LLC | 7 | 3.5% | — |
| 9 | Mortgage Research Center, LLC | 7 | 3.5% | — |
| 10 | Gate City Bank | 7 | 3.5% | — |
| 11 | NEWREZ LLC | 6 | 3.0% | — |
| 12 | Granite Bank 53 out of 100, Below average | 6 | 3.0% | 6.2% |
| 13 | FREEDOM MORTGAGE CORPORATION | 5 | 2.5% | — |
| 14 | CMG MORTGAGE, INC. | 4 | 2.0% | — |
| 15 | Wells Fargo Bank, National Association 58 out of 100, Moderate | 4 | 2.0% | 22.2% |
| 16 | AFFINITY PLUS | 4 | 2.0% | — |
| 17 | JPMorgan Chase Bank, National Association 61 out of 100, Moderate | 3 | 1.5% | 14.1% |
| 18 | Broker Solutions, Inc. | 3 | 1.5% | — |
| 19 | FIRST COMMUNITY CREDIT UNION | 3 | 1.5% | — |
| 20 | Old National Bank 59 out of 100, Moderate | 3 | 1.5% | 22.1% |
| 21 | AMERICAN PACIFIC MORTGAGE CORPORATION | 3 | 1.5% | — |
| 22 | American Federal Bank 66 out of 100, Moderate | 3 | 1.5% | 12.5% |
| 23 | VALLEY MORTGAGE, INC. | 3 | 1.5% | — |
| 24 | Bremer Bank, National Association | 3 | 1.5% | — |
| 25 | Citizens Bank, National Association 54 out of 100, Below average | 2 | 1.0% | 32.5% |
| 26 | Fairway Independent Mortgage Corporation | 2 | 1.0% | — |
| 27 | CROSSCOUNTRY MORTGAGE, INC. | 2 | 1.0% | — |
| 28 | Bank of America, National Association 59 out of 100, Moderate | 2 | 1.0% | 44.7% |
| 29 | FIGURE LENDING LLC | 2 | 1.0% | — |
| 30 | Alerus Financial, National Association 70 out of 100, Strong | 2 | 1.0% | 10.1% |
| 31 | First International Bank & Trust 52 out of 100, Below average | 2 | 1.0% | 5.8% |
| 32 | Farm Credit Mid-America | 2 | 1.0% | — |
| 33 | MAGNIFI FINANCIAL CREDIT UNION 68 out of 100, Moderate | 2 | 1.0% | 12.6% |
| 34 | Merchants Bank, National Association 73 out of 100, Strong | 2 | 1.0% | 5.9% |
| 35 | NEW DAY FINANCIAL, LLC | 2 | 1.0% | — |
| 36 | ROYAL UNITED MORTGAGE LLC | 2 | 1.0% | — |
| 37 | Coastal Community Bank 35 out of 100, Low | 2 | 1.0% | 3.0% |
| 38 | Navy Federal Credit Union 66 out of 100, Moderate | 1 | 0.5% | 32.9% |
| 39 | 21st Mortgage Corporation | 1 | 0.5% | — |
| 40 | Loandepot.Com, LLC | 1 | 0.5% | — |
Top 40 of 69 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