Lender in Minnesota · HMDA 2025
U.S. Bank, N.A. mortgages in Minnesota
U.S. Bank, N.A.'s 2025 home-purchase and refinance lending in Minnesota, compared with all lenders in the state.
U.S. Bank, N.A. originated 1,763 owner-occupied single-family loans in Minnesota from 1,983 completed applications, making it the state's #6 lender by volume.
Its median conventional purchase loan costs were $4,150 versus $5,100 for all Minnesota lenders, at a median 30-year fixed rate of 6.625% (Minnesota: 6.625%).
Loans in MN
1,763
of 1,983 applications
Denial rate
6.0%
Purchase · MN 5.2%
Rate spread
+0.05 pts
Conv. · MN +0.15 pts
Loan amount
$295,000
Purchase · MN $305,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 1,458 | 1,341 | 6.0% | 6.625% | +0.05 pts | $4,150 | $295,000 |
| Refinance | 223 | 184 | 14.8% | 6.375% | −0.05 pts | $3,330 | $315,000 |
| Cash-out refinance | 302 | 238 | 17.2% | 6.875% | +0.32 pts | $3,470 | $195,000 |
*Conventional loans only; medians with at least 20 loans.
Minnesota counties where U.S. Bank, N.A. ranks in the top 25
Showing the 30 counties where it ranks highest, of 60.
| County | Rank | Loans | Market share |
|---|---|---|---|
| Cass County | 2 | 19 | 5.5% |
| Olmsted County | 4 | 98 | 4.4% |
| St. Louis County | 5 | 102 | 4.3% |
| Steele County | 5 | 23 | 4.8% |
| Crow Wing County | 6 | 33 | 3.9% |
| Blue Earth County | 6 | 20 | 2.8% |
| Mower County | 6 | 18 | 3.6% |
| Swift County | 6 | 4 | 4.5% |
| Hennepin County | 7 | 425 | 2.6% |
| Benton County | 7 | 18 | 3.3% |
| Carlton County | 7 | 18 | 3.6% |
| Lyon County | 7 | 9 | 3.5% |
| Houston County | 7 | 8 | 3.4% |
| Rock County | 7 | 5 | 4.0% |
| Dakota County | 8 | 154 | 2.4% |
| Ramsey County | 8 | 147 | 2.5% |
| Nicollet County | 8 | 13 | 2.8% |
| Dodge County | 8 | 11 | 3.5% |
| Lincoln County | 8 | 3 | 4.1% |
| Roseau County | 8 | 3 | 2.0% |
| Freeborn County | 9 | 9 | 2.6% |
| Sibley County | 9 | 6 | 2.8% |
| Chippewa County | 9 | 4 | 3.8% |
| Cottonwood County | 9 | 4 | 3.5% |
| Clay County | 10 | 26 | 2.9% |
| Fillmore County | 10 | 8 | 3.1% |
| Washington County | 11 | 106 | 2.3% |
| Kandiyohi County | 11 | 11 | 2.4% |
| Aitkin County | 11 | 6 | 3.0% |
| Douglas County | 12 | 10 | 2.3% |
- U.S. Bank, N.A. nationwide
- Minnesota mortgage market
- U.S. Bank, N.A. in California
- U.S. Bank, N.A. in Illinois
- U.S. Bank, N.A. in Washington
- U.S. Bank, N.A. in Ohio
- U.S. Bank, N.A. in Missouri
- U.S. Bank, N.A. in Texas
- U.S. Bank, N.A. in Wisconsin
- U.S. Bank, N.A. in Kentucky
- U.S. Bank, N.A. in Florida
- U.S. Bank, N.A. in New York
- U.S. Bank, N.A. in Connecticut
- U.S. Bank, N.A. in Iowa
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology