Lender in Minnesota · HMDA 2025
Deerwood Bank mortgages in Minnesota
Deerwood Bank's 2025 home-purchase and refinance lending in Minnesota, compared with all lenders in the state.
Deerwood Bank originated 217 owner-occupied single-family loans in Minnesota from 231 completed applications.
Its median conventional purchase loan costs were $4,820 versus $5,100 for all Minnesota lenders, at a median 30-year fixed rate of 6.50% (Minnesota: 6.625%).
Loans in MN
217
of 231 applications
Denial rate
5.1%
Purchase · MN 5.2%
Rate spread
+0.10 pts
Conv. · MN +0.15 pts
Loan amount
$285,000
Purchase · MN $305,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 198 | 187 | 5.1% | 6.500% | +0.10 pts | $4,820 | $285,000 |
| Refinance | 18 | 16 | — | — | — | — | — |
| Cash-out refinance | 15 | 14 | — | — | — | — | — |
*Conventional loans only; medians with at least 20 loans.
Minnesota counties where Deerwood Bank ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Crow Wing County | 3 | 47 | 5.6% |
| Beltrami County | 3 | 20 | 7.5% |
| Mahnomen County | 6 | 2 | 3.8% |
| Aitkin County | 10 | 7 | 3.5% |
| Itasca County | 12 | 15 | 2.9% |
| Clearwater County | 13 | 2 | 2.2% |
| Cass County | 15 | 7 | 2.0% |
| Stearns County | 24 | 20 | 1.0% |
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology