Mortgage lending in Carlton County, Minnesota
Lenders in Carlton County, Minnesota reported 1,369 mortgage applications for 2025, according to the CFPB.
1,369 mortgage applications and 912 loans originated in 2025; the denial rate was 16.2% of 1,148 applications decided. The median loan was about $185,000. From 2025, the CFPB’s Snapshot release.
HUD’s Fair Market Rent for the county, on the housing hub: Duluth, MN-WI MSA.
- 1,369
- Applications
- 912
- Loans originated
- 16.2%
- Denial rate
- 186 denied of 1,148 applications decided.
Every year
1 more column on a wider screen
| Year | Applications | Originated |
|---|---|---|
| 2025 | 1,369 | 912 |
| 2024 | 1,204 | 787 |
| 2023 | 1,002 | 700 |
| 2022 | 1,467 | 1,006 |
| 2021 | 2,394 | 1,685 |
| 2020 | 2,355 | 1,586 |
| 2019 | 1,506 | 1,018 |
| 2018 | 1,354 | 928 |
The largest lenders here
| Lender | Originated | Applications |
|---|---|---|
| Members Cooperative Credit Union | 115 | 166 |
| Northwoods Credit Union | 83 | 120 |
| North Shore Bank of Commerce | 45 | 56 |
| Rocket Mortgage | 42 | 69 |
| Frandsen Bank & Trust | 36 | 47 |
| Northview Bank | 34 | 53 |
| Centricity Credit Union | 32 | 33 |
| Servion | 29 | 35 |
| US Bank, N.A. | 29 | 53 |
| Affinity Plus Federal Credit Union | 28 | 39 |
| Mortgage Research Center | 24 | 39 |
| Harbor Pointe Credit Union | 20 | 21 |
| Bell Bank | 19 | 25 |
| United Wholesale Mortgage | 18 | 26 |
| Compeer Financial | 16 | 28 |
| American Pacific Mortgage Corporation | 15 | 19 |
| FNB Moose Lake | 15 | 17 |
| New American Funding, LLC. | 13 | 26 |
| Everett Financial, Inc. | 13 | 14 |
| loanDepot.com LLC | 12 | 16 |
| Regent Financial Group | 11 | 13 |
| Wells Fargo Bank NA | 10 | 18 |
| North Shore Federal Credit Union | 9 | 19 |
| Cardinal Financial Company, Li | 9 | 9 |
| National Bank of Commerce | 9 | 11 |
Applications by race, ethnicity and sex, 2025
| Category | Applications | Denial rate |
|---|---|---|
| American Indian or Alaska Native | 24 | no rate: base under 50 |
| Asian | under 10 | |
| Black or African American | under 10 | |
| Native Hawaiian or Other Pacific Islander | under 10 | |
| White | 1,166 | 15.8% of 985 decided |
| Joint | 31 | no rate: base under 50 |
| Free Form Text Only | under 10 | |
| Race Not Available | 137 | 19.8% of 106 decided |
| Category | Applications | Denial rate |
|---|---|---|
| Hispanic or Latino | under 10 | |
| Not Hispanic or Latino | 1,180 | 15.8% of 1,004 decided |
| Joint | 16 | no rate: base under 50 |
| Ethnicity Not Available | 165 | 20.3% of 128 decided |
| Free Form Text Only | under 10 |
| Category | Applications | Denial rate |
|---|---|---|
| Male | 469 | 15.1% of 391 decided |
| Female | 231 | 27.7% of 202 decided |
| Joint | 572 | 11.0% of 480 decided |
| Sex Not Available | 97 | 24.0% of 75 decided |
A category under 10 applications prints “under 10”, and beside a lone one the next-smallest is withheld too, so neither can be worked out from the whole. No rate is printed on fewer than 50 decisions. A denial rate does not control for credit history, income, debt or the property, so a difference between groups is not a measure of discrimination.
Rankings this appears in
- No. 1262 Counties by median mortgage
Sources
- HMDA public loan/application register (LAR) — each year's fullest national release — Consumer Financial Protection Bureau · CFPB website policy: public domain · retrieved October 22, 2026
- Census Bureau population estimates — nation and states, with components of change — U.S. Census Bureau · U.S. Government work · retrieved September 25, 2026
- HMDA transmittal sheet — every reporting lender, by year, with its name — Consumer Financial Protection Bureau · CFPB website policy: public domain · retrieved October 22, 2026
- HMDA reporter panel — every reporting lender, by year, with its RSSD, parent and top holder
- Census Bureau county population estimates — U.S. Census Bureau · U.S. Government work · retrieved September 23, 2026
Compiled automatically from HMDA public loan/application register (LAR) — each year's fullest national release, Census Bureau population estimates — nation and states, with components of change, HMDA transmittal sheet — every reporting lender, by year, with its name, HMDA reporter panel — every reporting lender, by year, with its RSSD, parent and top holder and Census Bureau county population estimates by a checked SQL query · Editor: Kian O'Connor · How this site is built
Data retrieved