Highland Bank mortgage approval rate & lending review
Highland Bank decided 762 mortgage applications and funded 620 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Highland Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Highland Bank at a glance
Approval is 20.5 points above the 67.9% 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 | 96% | 50 / 52 | 84% | $135K | 42 |
| Home improvement loans | 84% | 371 / 444 | 91% | $85K | 338 |
| Cash-out refinance | 98% | 86 / 88 | 97% | $115K | 83 |
| Refinance | 94% | 109 / 116 | 95% | $155K | 104 |
| Investment refinance | 100% | 31 / 31 | 100% | $145K | 31 |
Highland Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Minnesota | 88% | $85K | 761 | 619 |
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 Highland Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Hennepin County, MN | Home improvement loans | 88% | 182 | 143 |
| Anoka County, MN | Home improvement loans | 83% | 58 | 46 |
| Hennepin County, MN | Refinance | 98% | 49 | 44 |
| Dakota County, MN | Home improvement loans | 80% | 51 | 35 |
| Hennepin County, MN | Cash-out refinance | 100% | 34 | 32 |
| Ramsey County, MN | Home improvement loans | 78% | 40 | 28 |
| Washington County, MN | Home improvement loans | 82% | 38 | 28 |
| Wright County, MN | Home improvement loans | 83% | 29 | 24 |
| Scott County, MN | Home improvement loans | 89% | 27 | 23 |
The county markets where Highland Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Highland Bank
What is Highland Bank's mortgage approval rate?
Highland Bank approved 88.5% of the 762 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 20.5 points above the 67.9% national rate for the same mix of loan types.
How often do borrowers take the loan Highland Bank offers?
Borrowers accepted 92% of the loans Highland Bank approved, against 93% for all home improvement loan lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Highland Bank make?
The typical home improvement loan loan Highland Bank made was $85K; across all loan types its typical loan ran from $85K to $155K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Highland Bank lend?
Highland Bank decided applications in 2 of the states Fat Boy Data covers, most of them in Minnesota and Arizona.
Can I apply to Highland Bank directly?
Yes. Highland Bank is a bank or credit union with 7 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Highland 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 Highland Bank treats applications, then get a rate quote from the lender.