Bell Bank mortgage approval rate & lending review
Bell Bank decided 25,071 mortgage applications and funded 23,530 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Bell Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Bell Bank at a glance
Approval is 10.7 points above the 83.8% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 97% | 18,222 / 18,786 | 100% | $335K | 18,133 |
| Home improvement loans | 85% | 1,942 / 2,273 | 98% | $75K | 1,910 |
| Cash-out refinance | 78% | 520 / 666 | 99% | $285K | 513 |
| Refinance | 88% | 1,760 / 1,996 | 99% | $335K | 1,744 |
| Investment property purchase | 94% | 1,038 / 1,104 | 99% | $275K | 1,030 |
| Investment cash-out refinance | 79% | 66 / 84 | 98% | $235K | 65 |
| Investment refinance | 84% | 90 / 107 | 99% | $265K | 89 |
| Investment home improvement | 85% | 47 / 55 | 98% | $205K | 46 |
Bell Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Minnesota | 96% | $335K | 14,169 | 13,527 |
| Arizona | 91% | $385K | 3,469 | 3,130 |
| Wisconsin | 93% | $385K | 1,792 | 1,664 |
| North Dakota | 94% | $255K | 1,327 | 1,238 |
| Florida | 92% | $335K | 1,246 | 1,134 |
| Missouri | 94% | $305K | 851 | 800 |
| Kansas | 95% | $355K | 739 | 694 |
| New Mexico | 96% | $305K | 473 | 447 |
| Tennessee | 83% | $375K | 289 | 240 |
| Colorado | 92% | $475K | 150 | 136 |
| Illinois | 92% | $235K | 124 | 114 |
| Texas | 93% | $405K | 82 | 75 |
| California | 98% | $695K | 50 | 47 |
| North Carolina | 92% | $315K | 36 | 33 |
| Georgia | 88% | $385K | 34 | 30 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Bell Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Hennepin County, MN | Mortgage lenders | 98% | 3,966 | 3,879 |
| Maricopa County, AZ | Mortgage lenders | 95% | 1,788 | 1,683 |
| Ramsey County, MN | Mortgage lenders | 98% | 1,559 | 1,519 |
| Dakota County, MN | Mortgage lenders | 98% | 1,306 | 1,272 |
| Anoka County, MN | Mortgage lenders | 99% | 1,129 | 1,109 |
| Washington County, MN | Mortgage lenders | 99% | 1,054 | 1,039 |
| Dane County, WI | Mortgage lenders | 97% | 559 | 541 |
| Hennepin County, MN | Home improvement loans | 90% | 521 | 463 |
| Wright County, MN | Mortgage lenders | 98% | 467 | 457 |
| Scott County, MN | Mortgage lenders | 99% | 443 | 436 |
| Maricopa County, AZ | Home improvement loans | 82% | 488 | 394 |
| Carver County, MN | Mortgage lenders | 99% | 385 | 383 |
The county markets where Bell Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Bell Bank
What is Bell Bank's mortgage approval rate?
Bell Bank approved 94.5% of the 25,071 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 10.7 points above the 83.8% national rate for the same mix of loan types.
How often do borrowers take the loan Bell Bank offers?
Borrowers accepted 99% of the loans Bell Bank approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Bell Bank make?
The typical home purchase mortgage loan Bell Bank made was $335K; across all loan types its typical loan ran from $75K to $335K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Bell Bank lend?
Bell Bank decided applications in 38 of the states Fat Boy Data covers, most of them in Minnesota, Arizona and Wisconsin.
Can I apply to Bell Bank directly?
Yes. Bell Bank is a bank or credit union with 33 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Bell Bank's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Bell Bank treats applications, then get a rate quote from the lender.