Minnesota · HMDA 2025
Mortgage lenders in Olmsted County, MN
291 lenders reported 5,774 home-loan applications in Olmsted County in 2025. 3,563 closed as loans ($1.1B), 621 were denied — a 14.3% denial rate on decided applications, below the Minnesota rate of 16.2%. The three most active lenders handled 22% of applications, led by Think Mutual Bank. 19 lenders in the list are banks or credit unions with a TellerScore profile.
- Applications
- 5,774
- Loans originated
- 3,563
- Purchase / refinance
- 2,109 / 775
- 30-yr rate (national)
- 7.40%week of Oct 15, 2026
Lenders ranked by applications in Olmsted County
| # | Lender | Applications here | Share | Nationwide denial rate |
|---|---|---|---|---|
| 1 | Think Mutual Bank 86 out of 100, Very strong | 541 | 9.4% | 12.2% |
| 2 | UNITED SHORE FINANCIAL SERVICES, LLC | 399 | 6.9% | — |
| 3 | U.S. Bank National Association 55 out of 100, Moderate | 334 | 5.8% | 39.5% |
| 4 | MAYO EMPLOYEES FEDERAL CREDIT UNION 98 out of 100, Very strong | 212 | 3.7% | 18.7% |
| 5 | Alerus Financial, National Association 70 out of 100, Strong | 203 | 3.5% | 10.1% |
| 6 | First Alliance Credit Union 67 out of 100, Moderate | 187 | 3.2% | 43.6% |
| 7 | Bell Bank 59 out of 100, Moderate | 166 | 2.9% | 7.1% |
| 8 | ALTRA Federal Credit Union 78 out of 100, Strong | 156 | 2.7% | 9.3% |
| 9 | Merchants Bank, National Association 73 out of 100, Strong | 151 | 2.6% | 5.9% |
| 10 | Rocket Mortgage, LLC | 147 | 2.5% | — |
| 11 | GUARANTEED RATE, INC. | 141 | 2.4% | — |
| 12 | AFFINITY PLUS | 131 | 2.3% | — |
| 13 | PENNYMAC LOAN SERVICES, LLC | 126 | 2.2% | — |
| 14 | KIND LENDING, LLC | 98 | 1.7% | — |
| 15 | Old National Bank 59 out of 100, Moderate | 96 | 1.7% | 22.1% |
| 16 | Fairway Independent Mortgage Corporation | 90 | 1.6% | — |
| 17 | JPMorgan Chase Bank, National Association 61 out of 100, Moderate | 79 | 1.4% | 14.1% |
| 18 | Loandepot.Com, LLC | 79 | 1.4% | — |
| 19 | Prosperity Home Mortgage, LLC | 77 | 1.3% | — |
| 20 | NEWREZ LLC | 75 | 1.3% | — |
| 21 | GUARANTEED RATE AFFINITY, LLC | 71 | 1.2% | — |
| 22 | Associated Bank, National Association | 69 | 1.2% | — |
| 23 | Coastal Community Bank 35 out of 100, Low | 69 | 1.2% | 3.0% |
| 24 | Servion, Inc. | 64 | 1.1% | — |
| 25 | Foresight Bank 41 out of 100, Below average | 60 | 1.0% | 7.3% |
| 26 | AMERIHOME MORTGAGE COMPANY, LLC | 58 | 1.0% | — |
| 27 | Frandsen Bank & Trust 71 out of 100, Strong | 57 | 1.0% | 7.9% |
| 28 | Wells Fargo Bank, National Association 58 out of 100, Moderate | 53 | 0.9% | 22.2% |
| 29 | Mortgage Research Center, LLC | 53 | 0.9% | — |
| 30 | NATIONSTAR MORTGAGE LLC | 45 | 0.8% | — |
| 31 | First Federal Bank 50 out of 100, Below average | 41 | 0.7% | 13.5% |
| 32 | Bremer Bank, National Association | 41 | 0.7% | — |
| 33 | Discover Bank | 37 | 0.6% | — |
| 34 | CROSSCOUNTRY MORTGAGE, INC. | 37 | 0.6% | — |
| 35 | Peoples State Bank of Plainview 66 out of 100, Moderate | 37 | 0.6% | 6.3% |
| 36 | F & M Community Bank, National Association 74 out of 100, Strong | 36 | 0.6% | 1.1% |
| 37 | MARINE CREDIT UNION 53 out of 100, Below average | 36 | 0.6% | 44.9% |
| 38 | Navy Federal Credit Union 66 out of 100, Moderate | 35 | 0.6% | 32.9% |
| 39 | TRIAD FINANCIAL SERVICES, INC. | 34 | 0.6% | — |
| 40 | FIGURE LENDING LLC | 33 | 0.6% | — |
Top 40 of 291 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
- Stearns County 5,097 apps
- Carver County 5,082 apps
- Sherburne County 4,765 apps
- Crow Wing County 2,996 apps