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Research and analysis by — 23 years in banking (credit side), now analyzing federal HMDA records independently. No ads, no lender compensation. Methodology · [email protected]

FHA denial rates in Minnesota: every major lender, ranked (2025)

Direct answer · updated 2026-07-19

Minnesota’s FHA denial rate in 2025 was 21.9% across 13,644 decisioned applications — ranking #27 of 52 states. Among high-volume lenders, the lowest observed denial rate was Crosscountry Mortgage, LLC at 5.4%; the highest was Amerisave Mortgage Company at 75.8%. The institutional spread inside Minnesota is 14.0×: the same FHA application faces a 5.4% observed denial rate at one high-volume door and 75.8% at another — two real endpoints of the federal record, same state, same program. Source: complete CFPB HMDA 2025 federal record.

Every high-volume FHA lender in Minnesota

Cells require 100+ decisioned applications. Sorted softest first. Observed rates — not endorsements.

LenderMinnesota FHA appsDenial rate
Crosscountry Mortgage, LLC4815.4%
Granite Bank2597.3%
Fairway Independent Mort Corp4758.0%
Guaranteed Rate, Inc.27411.7%
Bell Bank32013.1%
New American Funding, LLC.52717.3%
Freedom Mortgage Corporation50421.2%
United Wholesale Mortgage1,57921.6%
Mutual Of Omaha Mortgage23823.5%
Pennymac Loan Services LLC47424.5%
Rocket Mortgage1,22827.7%
Loandepot.Com LLC44735.1%
Lakeview Loan Servicing, LLC29454.4%
Newrez LLC22458.9%
Amerisave Mortgage Company25675.8%

The small-loan penalty in Minnesota

Applications under $150K were denied 36.2% of the time versus 18.5% for loans of $250K+ — a 2.0× penalty on the smallest loans. National context: the small-loan penalty.

What is HMDA?

The Home Mortgage Disclosure Act requires every U.S. mortgage lender to report every application — outcome, amount, and denial reason — to federal regulators annually. It is government-verified, covers all lenders equally, and cannot be gamed. These tables are processed directly from that record.

Who pays for this?

Nobody. No lender pays to appear or improve its position; no ads, no referral fees, no lead sales. FinanceRateCalc is not a lender and does not compete with the institutions it measures. Rates reflect applicant mix and channel as well as underwriting appetite — a high rate is not an accusation, and a low one is not advice. Compare nationally: the top-100 table · the 15-market door map · all 52 states ranked · why each lender says no.