St. Cloud Financial mortgage approval rate & lending review
St. Cloud Financial decided 605 mortgage applications and funded 555 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions St. Cloud Financial reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
St. Cloud Financial at a glance
Approval is 16.8 points above the 74.9% 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 | 97% | 170 / 175 | 100% | $245K | 170 |
| Cash-out refinance | 88% | 328 / 371 | 100% | $45K | 328 |
St. Cloud Financial lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Minnesota | 92% | $45K | 601 | 551 |
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 St. Cloud Financial lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Stearns County, MN | Cash-out refinance | 87% | 311 | 272 |
| Stearns County, MN | Mortgage lenders | 97% | 146 | 142 |
| Wright County, MN | Cash-out refinance | 96% | 47 | 45 |
The county markets where St. Cloud Financial made the most loans. Each link opens that market with every lender ranked.
Questions about St. Cloud Financial
What is St. Cloud Financial's mortgage approval rate?
St. Cloud Financial approved 91.7% of the 605 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 16.8 points above the 74.9% national rate for the same mix of loan types.
How often do borrowers take the loan St. Cloud Financial offers?
Borrowers accepted 100% of the loans St. Cloud Financial approved, against 94% for all cash-out refinance lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does St. Cloud Financial make?
The typical cash-out refinance loan St. Cloud Financial made was $45K; across all loan types its typical loan ran from $45K to $245K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does St. Cloud Financial lend?
St. Cloud Financial decided applications in 3 of the states Fat Boy Data covers, most of them in Minnesota, Florida and Michigan.
Can I apply to St. Cloud Financial directly?
Yes. St. Cloud Financial is a bank or credit union with 5 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show St. Cloud Financial'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 St. Cloud Financial treats applications, then get a rate quote from the lender.