Mortgage lending in Polk County, Minnesota
Lenders in Polk County, Minnesota reported 797 mortgage applications for 2025, according to the CFPB.
797 mortgage applications and 583 loans originated in 2025; the denial rate was 14.3% of 698 applications decided. The median loan was about $165,000. From 2025, the CFPB’s Snapshot release.
HUD’s Fair Market Rent for the county, on the housing hub: Grand Forks, ND-MN MSA.
- 797
- Applications
- 583
- Loans originated
- 14.3%
- Denial rate
- 100 denied of 698 applications decided.
Every year
1 more column on a wider screen
| Year | Applications | Originated |
|---|---|---|
| 2025 | 797 | 583 |
| 2024 | 709 | 517 |
| 2023 | 702 | 505 |
| 2022 | 826 | 587 |
| 2021 | 1,487 | 1,070 |
| 2020 | 1,503 | 1,091 |
| 2019 | 1,026 | 755 |
| 2018 | 946 | 680 |
The largest lenders here
| Lender | Originated | Applications |
|---|---|---|
| Gate City Bank | 48 | 68 |
| Old National Bank | 45 | 54 |
| United Wholesale Mortgage | 42 | 50 |
| Rocket Mortgage | 38 | 45 |
| United Valley Bank | 35 | 36 |
| Frandsen Bank & Trust | 35 | 39 |
| Ultima Bank Minnesota | 27 | 28 |
| First Community Credit Union | 22 | 30 |
| American Federal Bank | 21 | 29 |
| First International Bank & Trust | 20 | 28 |
| Alerus Financial NA | 19 | 23 |
| Bremer Bank NA | 15 | 16 |
| Granite Bank | 14 | 16 |
| Mortgage Research Center | 13 | 18 |
| Nations Lending Corporation | 11 | 11 |
| First National Bank Bagley | 11 | 13 |
| Dakota Heritage Bank | 10 | 11 |
| Ark-LA-Tex Financial Services LLC | 10 | 12 |
| Barrington Bank & Trust Company, N.A. | 10 | 13 |
| US Bank, N.A. | 8 | 21 |
| Affinity Plus Federal Credit Union | 7 | 8 |
| Freedom Mortgage Corporation | 6 | 15 |
| Merchants Bank, National Association | 6 | 7 |
| Wells Fargo Bank NA | 5 | 8 |
| Coastal Community Bank | 4 | 9 |
Applications by race, ethnicity and sex, 2025
| Category | Applications | Denial rate |
|---|---|---|
| American Indian or Alaska Native | 10 | no rate: base under 50 |
| Asian | under 10 | |
| Black or African American | under 10 | |
| White | 687 | 14.1% of 611 decided |
| Joint | 11 | no rate: base under 50 |
| Race Not Available | 77 | 15.0% of 60 decided |
| Category | Applications | Denial rate |
|---|---|---|
| Hispanic or Latino | 32 | no rate: base under 50 |
| Not Hispanic or Latino | 675 | 13.9% of 598 decided |
| Joint | 16 | no rate: base under 50 |
| Ethnicity Not Available | 74 | 18.3% of 60 decided |
| Category | Applications | Denial rate |
|---|---|---|
| Male | 247 | 17.8% of 213 decided |
| Female | 130 | 17.4% of 115 decided |
| Joint | 366 | 10.7% of 326 decided |
| Sex Not Available | 54 | 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. 1587 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