Minnesota · HMDA 2025
Mortgage lenders in Pennington County, MN
55 lenders reported 269 home-loan applications in Pennington County in 2025. 165 closed as loans ($26.2M), 28 were denied — a 13.9% denial rate on decided applications, below the Minnesota rate of 16.2%. The three most active lenders handled 42% of applications, led by Border Bank. 16 lenders in the list are banks or credit unions with a TellerScore profile.
- Applications
- 269
- Loans originated
- 165
- Purchase / refinance
- 106 / 38
- 30-yr rate (national)
- 7.40%week of Oct 15, 2026
Lenders ranked by applications in Pennington County
| # | Lender | Applications here | Share | Nationwide denial rate |
|---|---|---|---|---|
| 1 | Border Bank 57 out of 100, Moderate | 58 | 21.6% | 3.7% |
| 2 | Broker Solutions, Inc. | 37 | 13.8% | — |
| 3 | Rocket Mortgage, LLC | 19 | 7.1% | — |
| 4 | U.S. Bank National Association 55 out of 100, Moderate | 14 | 5.2% | 39.5% |
| 5 | Park State Bank 66 out of 100, Moderate | 13 | 4.8% | 12.5% |
| 6 | Wings Financial Credit Union | 12 | 4.5% | — |
| 7 | Citizens Bank, National Association 54 out of 100, Below average | 9 | 3.3% | 32.5% |
| 8 | Gate City Bank | 9 | 3.3% | — |
| 9 | Dakota Heritage Bank 63 out of 100, Moderate | 6 | 2.2% | 3.1% |
| 10 | SOFI BANK, NATIONAL ASSOCIATION | 6 | 2.2% | — |
| 11 | Wells Fargo Bank, National Association 58 out of 100, Moderate | 5 | 1.9% | 22.2% |
| 12 | UNITED SHORE FINANCIAL SERVICES, LLC | 5 | 1.9% | — |
| 13 | PENNYMAC LOAN SERVICES, LLC | 5 | 1.9% | — |
| 14 | Mortgage Research Center, LLC | 5 | 1.9% | — |
| 15 | JPMorgan Chase Bank, National Association 61 out of 100, Moderate | 4 | 1.5% | 14.1% |
| 16 | NEWREZ LLC | 3 | 1.1% | — |
| 17 | Granite Bank 53 out of 100, Below average | 3 | 1.1% | 6.2% |
| 18 | PLAZA HOME MORTGAGE, INC. | 3 | 1.1% | — |
| 19 | AFFINITY PLUS | 3 | 1.1% | — |
| 20 | VILLAGE CAPITAL & INVESTMENT LLC | 3 | 1.1% | — |
| 21 | Barrington Bank & Trust Company, National Association 42 out of 100, Below average | 3 | 1.1% | 9.1% |
| 22 | GUARANTEED RATE, INC. | 2 | 0.7% | — |
| 23 | AmeriSave Mortgage Corporation | 2 | 0.7% | — |
| 24 | TRIAD FINANCIAL SERVICES, INC. | 2 | 0.7% | — |
| 25 | FIGURE LENDING LLC | 2 | 0.7% | — |
| 26 | Old National Bank 59 out of 100, Moderate | 2 | 0.7% | 22.1% |
| 27 | FREEDOM MORTGAGE CORPORATION | 2 | 0.7% | — |
| 28 | Unity Bank 27 out of 100, Low | 2 | 0.7% | 12.5% |
| 29 | Equity Prime Mortgage LLC | 2 | 0.7% | — |
| 30 | MAGNIFI FINANCIAL CREDIT UNION 68 out of 100, Moderate | 2 | 0.7% | 12.6% |
| 31 | NexBank 56 out of 100, Moderate | 2 | 0.7% | 13.1% |
| 32 | Navy Federal Credit Union 66 out of 100, Moderate | 1 | 0.4% | 32.9% |
| 33 | Fairway Independent Mortgage Corporation | 1 | 0.4% | — |
| 34 | Loandepot.Com, LLC | 1 | 0.4% | — |
| 35 | CROSSCOUNTRY MORTGAGE, INC. | 1 | 0.4% | — |
| 36 | Bank of America, National Association 59 out of 100, Moderate | 1 | 0.4% | 44.7% |
| 37 | MidFirst Bank 34 out of 100, Low | 1 | 0.4% | 16.3% |
| 38 | Nations Lending Corporation | 1 | 0.4% | — |
| 39 | PLANET HOME LENDING, LLC | 1 | 0.4% | — |
| 40 | ZILLOW HOME LOANS, LLC | 1 | 0.4% | — |
Top 40 of 55 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