Minnwest Bank mortgage approval rate & lending review
Minnwest Bank decided 361 mortgage applications and funded 316 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Minnwest Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Minnwest Bank at a glance
Approval is 11.0 points above the 79.8% 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 | 93% | 164 / 177 | 98% | $275K | 161 |
| Home improvement loans | 84% | 59 / 70 | 97% | $65K | 57 |
| Refinance | 85% | 45 / 53 | 96% | $175K | 43 |
| Investment property purchase | 100% | 33 / 33 | 88% | $235K | 29 |
Minnwest Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Minnesota | 91% | $275K | 298 | 261 |
| South Dakota | 87% | $175K | 46 | 40 |
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 Minnwest Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Scott County, MN | Mortgage lenders | 100% | 39 | 38 |
| Olmsted County, MN | Mortgage lenders | 93% | 27 | 25 |
The county markets where Minnwest Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Minnwest Bank
What is Minnwest Bank's mortgage approval rate?
Minnwest Bank approved 90.9% of the 361 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 11.0 points above the 79.8% national rate for the same mix of loan types.
How often do borrowers take the loan Minnwest Bank offers?
Borrowers accepted 96% of the loans Minnwest 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 Minnwest Bank make?
The typical home purchase mortgage loan Minnwest Bank made was $275K; across all loan types its typical loan ran from $65K to $275K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Minnwest Bank lend?
Minnwest Bank decided applications in 7 of the states Fat Boy Data covers, most of them in Minnesota, South Dakota and Florida.
Can I apply to Minnwest Bank directly?
Yes. Minnwest Bank is a bank or credit union with 35 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Minnwest 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 Minnwest Bank treats applications, then get a rate quote from the lender.