Lender in Minnesota · HMDA 2025
Minnwest Bank mortgages in Minnesota
Minnwest Bank's 2025 home-purchase and refinance lending in Minnesota, compared with all lenders in the state.
Minnwest Bank originated 230 owner-occupied single-family loans in Minnesota from 254 completed applications.
Its median conventional purchase loan costs were $4,760 versus $5,100 for all Minnesota lenders, at a median 30-year fixed rate of 6.25% (Minnesota: 6.625%).
Loans in MN
230
of 254 applications
Denial rate
5.8%
Purchase · MN 5.2%
Rate spread
−0.09 pts
Conv. · MN +0.15 pts
Loan amount
$215,000
Purchase · MN $305,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 208 | 194 | 5.8% | 6.250% | −0.09 pts | $4,760 | $215,000 |
| Refinance | 23 | 18 | 13.0% | — | — | — | — |
| Cash-out refinance | 23 | 18 | 21.7% | — | — | — | — |
*Conventional loans only; medians with at least 20 loans.
Minnesota counties where Minnwest Bank ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Big Stone County | 1 | 9 | 20.4% |
| Lyon County | 2 | 31 | 12.0% |
| Waseca County | 2 | 23 | 10.7% |
| Redwood County | 2 | 17 | 10.7% |
| Rock County | 2 | 9 | 7.2% |
| Murray County | 2 | 8 | 9.4% |
| Lac qui Parle County | 5 | 3 | 5.9% |
| Le Sueur County | 6 | 11 | 2.7% |
| Chippewa County | 6 | 5 | 4.7% |
| Yellow Medicine County | 10 | 3 | 3.5% |
| Renville County | 11 | 4 | 2.7% |
| Traverse County | 21 | 1 | 3.0% |
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology