Mortgage lending in Hennepin County, Minnesota
Lenders in Hennepin County, Minnesota reported 38,794 mortgage applications for 2025, according to the CFPB.
38,794 mortgage applications and 25,784 loans originated in 2025; the denial rate was 15.7% of 32,078 applications decided. The median loan was about $275,000. From 2025, the CFPB’s Snapshot release.
HUD’s Fair Market Rent for the county, on the housing hub: Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area.
- 38,794
- Applications
- 25,784
- Loans originated
- 15.7%
- Denial rate
- 5,034 denied of 32,078 applications decided.
Every year
1 more column on a wider screen
| Year | Applications | Originated |
|---|---|---|
| 2025 | 38,794 | 25,784 |
| 2024 | 35,650 | 23,662 |
| 2023 | 33,804 | 22,564 |
| 2022 | 50,206 | 34,058 |
| 2021 | 97,658 | 70,314 |
| 2020 | 106,311 | 75,182 |
| 2019 | 65,039 | 45,278 |
| 2018 | 51,951 | 35,472 |
The largest lenders here
| Lender | Originated | Applications |
|---|---|---|
| Bell Bank | 1,846 | 2,250 |
| Trustone Financial Credit Union | 1,489 | 2,215 |
| United Wholesale Mortgage | 1,412 | 1,837 |
| US Bank, N.A. | 1,142 | 2,158 |
| Rocket Mortgage | 1,056 | 1,395 |
| Wings Financial Credit Union | 858 | 1,338 |
| Crosscountry Mortgage, LLC | 809 | 979 |
| Huntington National Bank | 652 | 1,096 |
| Fairway Independent Mort Corp | 549 | 708 |
| Blaze Credit Union | 519 | 831 |
| Prosperity Home Mortgage, LLC | 499 | 614 |
| Affinity Plus Federal Credit Union | 496 | 801 |
| Royal Credit Union | 495 | 658 |
| Alerus Financial NA | 470 | 552 |
| Pennymac Loan Services LLC | 445 | 668 |
| Luminate Bank | 418 | 575 |
| Tradition Mortgage, LLC | 386 | 390 |
| Wells Fargo Bank NA | 370 | 602 |
| Old National Bank | 353 | 507 |
| New American Funding, LLC. | 340 | 605 |
| Guild Mortgage Company | 305 | 426 |
| Guaranteed Rate, Inc. | 295 | 516 |
| Granite Bank | 264 | 350 |
| Topline Financial Credit Union | 260 | 361 |
| JPMorgan Chase Bank, NA | 260 | 396 |
Applications by race, ethnicity and sex, 2025
| Category | Applications | Denial rate |
|---|---|---|
| American Indian or Alaska Native | 204 | 20.9% of 163 decided |
| Asian | 2,653 | 19.2% of 2,119 decided |
| Black or African American | 2,978 | 30.9% of 2,391 decided |
| Native Hawaiian or Other Pacific Islander | withheld | |
| White | 25,325 | 13.4% of 21,371 decided |
| 2 or more minority races | 80 | 29.0% of 62 decided |
| Joint | 1,126 | 9.4% of 931 decided |
| Free Form Text Only | under 10 | |
| Race Not Available | 6,379 | 17.7% of 5,005 decided |
| Category | Applications | Denial rate |
|---|---|---|
| Hispanic or Latino | 2,060 | 22.6% of 1,702 decided |
| Not Hispanic or Latino | 29,809 | 14.9% of 24,890 decided |
| Joint | withheld | |
| Ethnicity Not Available | 6,177 | 17.3% of 4,867 decided |
| Free Form Text Only | under 10 |
| Category | Applications | Denial rate |
|---|---|---|
| Male | 12,179 | 19.6% of 9,940 decided |
| Female | 9,133 | 18.4% of 7,556 decided |
| Joint | 13,758 | 10.5% of 11,671 decided |
| Sex Not Available | 3,724 | 16.0% of 2,911 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. 419 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