Minnesota · HMDA 2025
Mortgage lenders in Polk County, MN
109 lenders reported 909 home-loan applications in Polk County in 2025. 583 closed as loans ($118.5M), 100 were denied — a 14.3% denial rate on decided applications, below the Minnesota rate of 16.2%. The three most active lenders handled 19% of applications, led by Gate City Bank. 18 lenders in the list are banks or credit unions with a TellerScore profile.
- Applications
- 909
- Loans originated
- 583
- Purchase / refinance
- 318 / 146
- 30-yr rate (national)
- 7.40%week of Oct 15, 2026
Lenders ranked by applications in Polk County
| # | Lender | Applications here | Share | Nationwide denial rate |
|---|---|---|---|---|
| 1 | Gate City Bank | 68 | 7.5% | — |
| 2 | Old National Bank 59 out of 100, Moderate | 54 | 5.9% | 22.1% |
| 3 | UNITED SHORE FINANCIAL SERVICES, LLC | 52 | 5.7% | — |
| 4 | U.S. Bank National Association 55 out of 100, Moderate | 47 | 5.2% | 39.5% |
| 5 | Rocket Mortgage, LLC | 45 | 5.0% | — |
| 6 | Frandsen Bank & Trust 71 out of 100, Strong | 39 | 4.3% | 7.9% |
| 7 | FIRST HOLDING COMPANY OF CAVALIER, INC. | 36 | 4.0% | — |
| 8 | PENNYMAC LOAN SERVICES, LLC | 30 | 3.3% | — |
| 9 | FIRST COMMUNITY CREDIT UNION | 30 | 3.3% | — |
| 10 | American Federal Bank 66 out of 100, Moderate | 29 | 3.2% | 12.5% |
| 11 | Ultima Bank Minnesota | 28 | 3.1% | — |
| 12 | First International Bank & Trust 52 out of 100, Below average | 28 | 3.1% | 5.8% |
| 13 | Alerus Financial, National Association 70 out of 100, Strong | 23 | 2.5% | 10.1% |
| 14 | FREEDOM MORTGAGE CORPORATION | 20 | 2.2% | — |
| 15 | Mortgage Research Center, LLC | 18 | 2.0% | — |
| 16 | Granite Bank 53 out of 100, Below average | 16 | 1.8% | 6.2% |
| 17 | Bremer Bank, National Association | 16 | 1.8% | — |
| 18 | AMERIHOME MORTGAGE COMPANY, LLC | 15 | 1.7% | — |
| 19 | The First National Bank of Bagley 60 out of 100, Moderate | 13 | 1.4% | 6.3% |
| 20 | Barrington Bank & Trust Company, National Association 42 out of 100, Below average | 13 | 1.4% | 9.1% |
| 21 | NEWREZ LLC | 12 | 1.3% | — |
| 22 | ARK-LA-TEX FINANCIAL SERVICES, LLC. | 12 | 1.3% | — |
| 23 | Citizens Bank, National Association 54 out of 100, Below average | 11 | 1.2% | 32.5% |
| 24 | Dakota Heritage Bank 63 out of 100, Moderate | 11 | 1.2% | 3.1% |
| 25 | Nations Lending Corporation | 11 | 1.2% | — |
| 26 | PLANET HOME LENDING, LLC | 11 | 1.2% | — |
| 27 | Coastal Community Bank 35 out of 100, Low | 9 | 1.0% | 3.0% |
| 28 | JPMorgan Chase Bank, National Association 61 out of 100, Moderate | 8 | 0.9% | 14.1% |
| 29 | Wells Fargo Bank, National Association 58 out of 100, Moderate | 8 | 0.9% | 22.2% |
| 30 | AFFINITY PLUS | 8 | 0.9% | — |
| 31 | Navy Federal Credit Union 66 out of 100, Moderate | 7 | 0.8% | 32.9% |
| 32 | Broker Solutions, Inc. | 7 | 0.8% | — |
| 33 | AMERICAN FINANCING CORPORATION | 7 | 0.8% | — |
| 34 | PLAZA HOME MORTGAGE, INC. | 7 | 0.8% | — |
| 35 | Merchants Bank, National Association 73 out of 100, Strong | 7 | 0.8% | 5.9% |
| 36 | 21st Mortgage Corporation | 5 | 0.6% | — |
| 37 | Loandepot.Com, LLC | 5 | 0.6% | — |
| 38 | SOFI BANK, NATIONAL ASSOCIATION | 5 | 0.6% | — |
| 39 | Choice Financial Group 73 out of 100, Strong | 5 | 0.6% | 5.6% |
| 40 | WEST GATE BANK 72 out of 100, Strong | 5 | 0.6% | 4.8% |
Top 40 of 109 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