Mortgage lending in Rice County, Minnesota
Lenders in Rice County, Minnesota reported 1,826 mortgage applications for 2025, according to the CFPB.
1,826 mortgage applications and 1,295 loans originated in 2025; the denial rate was 13.9% of 1,571 applications decided. The median loan was about $215,000. From 2025, the CFPB’s Snapshot release.
HUD’s Fair Market Rent for the county, on the housing hub: Rice County, MN.
- 1,826
- Applications
- 1,295
- Loans originated
- 13.9%
- Denial rate
- 219 denied of 1,571 applications decided.
Every year
1 more column on a wider screen
| Year | Applications | Originated |
|---|---|---|
| 2025 | 1,826 | 1,295 |
| 2024 | 1,596 | 1,165 |
| 2023 | 1,489 | 1,047 |
| 2022 | 2,132 | 1,491 |
| 2021 | 4,115 | 2,998 |
| 2020 | 4,128 | 2,959 |
| 2019 | 2,480 | 1,766 |
| 2018 | 2,020 | 1,443 |
The largest lenders here
| Lender | Originated | Applications |
|---|---|---|
| Affinity Plus Federal Credit Union | 89 | 123 |
| United Wholesale Mortgage | 77 | 110 |
| Guaranteed Rate, Inc. | 68 | 83 |
| Rocket Mortgage | 67 | 90 |
| Crosscountry Mortgage, LLC | 65 | 74 |
| Merchants Bank, National Association | 53 | 63 |
| The State Bank of Faribault | 49 | 50 |
| Bell Bank | 43 | 50 |
| Trustone Financial Credit Union | 41 | 61 |
| Wings Financial Credit Union | 38 | 53 |
| Frandsen Bank & Trust | 37 | 51 |
| Wells Fargo Bank NA | 34 | 50 |
| Prosperity Home Mortgage, LLC | 27 | 36 |
| US Bank, N.A. | 26 | 51 |
| Fairway Independent Mort Corp | 23 | 30 |
| Community Resource Bank | 22 | 28 |
| loanDepot.com LLC | 22 | 31 |
| Compeer Financial | 17 | 23 |
| Nationstar Mortgage | 17 | 21 |
| Heritage Bank Minnesota | 17 | 17 |
| Pennymac Loan Services LLC | 17 | 27 |
| Luminate Bank | 16 | 20 |
| Minnwest Bank | 13 | 16 |
| Movement Mortgage, LLC | 12 | 14 |
| Mortgage Research Center | 12 | 23 |
Applications by race, ethnicity and sex, 2025
| Category | Applications | Denial rate |
|---|---|---|
| American Indian or Alaska Native | 10 | no rate: base under 50 |
| Asian | 28 | no rate: base under 50 |
| Black or African American | 22 | no rate: base under 50 |
| White | 1,499 | 12.9% of 1,296 decided |
| 2 or more minority races | under 10 | |
| Joint | 19 | no rate: base under 50 |
| Free Form Text Only | under 10 | |
| Race Not Available | 246 | 19.1% of 204 decided |
| Category | Applications | Denial rate |
|---|---|---|
| Hispanic or Latino | 110 | 15.2% of 92 decided |
| Not Hispanic or Latino | 1,446 | 13.5% of 1,256 decided |
| Joint | withheld | |
| Ethnicity Not Available | 234 | 17.0% of 194 decided |
| Free Form Text Only | under 10 |
| Category | Applications | Denial rate |
|---|---|---|
| Male | 574 | 15.5% of 489 decided |
| Female | 361 | 18.9% of 302 decided |
| Joint | 761 | 10.2% of 669 decided |
| Sex Not Available | 130 | 16.2% of 111 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. 900 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