Mortgage lending in Pennington County, Minnesota
Lenders in Pennington County, Minnesota reported 237 mortgage applications for 2025, according to the CFPB.
237 mortgage applications and 165 loans originated in 2025; the denial rate was 13.9% of 201 applications decided. The median loan was about $155,000. From 2025, the CFPB’s Snapshot release.
HUD’s Fair Market Rent for the county, on the housing hub: Pennington County, MN.
- 237
- Applications
- 165
- Loans originated
- 13.9%
- Denial rate
- 28 denied of 201 applications decided.
Every year
1 more column on a wider screen
| Year | Applications | Originated |
|---|---|---|
| 2025 | 237 | 165 |
| 2024 | 257 | 187 |
| 2023 | 256 | 187 |
| 2022 | 311 | 210 |
| 2021 | 548 | 400 |
| 2020 | 550 | 434 |
| 2019 | 395 | 291 |
| 2018 | 328 | 235 |
The largest lenders here
| Lender | Originated | Applications |
|---|---|---|
| Border Bank | 54 | 58 |
| New American Funding, LLC. | 28 | 37 |
| Park State Bank | 11 | 13 |
| Rocket Mortgage | 10 | 19 |
| Gate City Bank | 7 | 9 |
| Dakota Heritage Bank | 6 | 6 |
| Wings Financial Credit Union | 4 | 12 |
| United Wholesale Mortgage | 4 | 5 |
| Wells Fargo Bank NA | 4 | 5 |
| Plaza Home Mortgage, Inc | 3 | 3 |
| US Bank, N.A. | 3 | 5 |
| Mortgage Research Center | 2 | 5 |
| Magnifi Financial Credit Union | 2 | 2 |
| Nexbank | 2 | 2 |
| Barrington Bank & Trust Company, N.A. | 2 | 3 |
| Nations Lending Corporation | 1 | 1 |
| Zillow Home Loans, LLC | 1 | 1 |
| Navy Federal Credit Union | 1 | 1 |
| Sofi Bank, National Association | 1 | 6 |
| Prosperity Home Mortgage, LLC | 1 | 1 |
| loanDepot.com LLC | 1 | 1 |
| Old National Bank | 1 | 2 |
| Newrez LLC | 1 | 1 |
| Iowa Bankers Mortgage Corporation | 1 | 1 |
| Granite Bank | 1 | 3 |
Applications by race, ethnicity and sex, 2025
| Category | Applications | Denial rate |
|---|---|---|
| American Indian or Alaska Native | under 10 | |
| Asian | under 10 | |
| Black or African American | under 10 | |
| White | 191 | 14.3% of 161 decided |
| Joint | under 10 | |
| Race Not Available | 30 | no rate: base under 50 |
| Category | Applications | Denial rate |
|---|---|---|
| Hispanic or Latino | under 10 | |
| Not Hispanic or Latino | 188 | 11.5% of 156 decided |
| Joint | under 10 | |
| Ethnicity Not Available | 37 | no rate: base under 50 |
| Category | Applications | Denial rate |
|---|---|---|
| Male | 86 | 11.3% of 71 decided |
| Female | 61 | 19.2% of 52 decided |
| Joint | 66 | 14.0% of 57 decided |
| Sex Not Available | 24 | no rate: base under 50 |
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. 1777 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