Trustone Financial Credit Union mortgage approval rate & lending review
Trustone Financial Credit Union decided 12,663 mortgage applications and funded 9,967 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Trustone Financial Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Trustone Financial Credit Union at a glance
Approval is 8.5 points above the 73.2% 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 | 90% | 2,958 / 3,298 | 97% | $285K | 2,865 |
| Home improvement loans | 78% | 4,064 / 5,239 | 96% | $65K | 3,907 |
| Cash-out refinance | 87% | 175 / 202 | 93% | $235K | 163 |
| Refinance | 83% | 2,702 / 3,242 | 97% | $105K | 2,609 |
| Investment property purchase | 75% | 179 / 239 | 94% | $215K | 169 |
| Investment refinance | 68% | 89 / 130 | 97% | $125K | 86 |
| Investment home improvement | 55% | 159 / 290 | 94% | $85K | 149 |
Trustone Financial Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Minnesota | 82% | $125K | 10,794 | 8,515 |
| Wisconsin | 82% | $85K | 1,462 | 1,149 |
| Arizona | 84% | $105K | 249 | 191 |
| Florida | 77% | $165K | 154 | 112 |
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 Trustone Financial Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Hennepin County, MN | Home improvement loans | 78% | 1,926 | 1,446 |
| Hennepin County, MN | Mortgage lenders | 89% | 1,198 | 1,033 |
| Hennepin County, MN | Refinance | 83% | 1,112 | 897 |
| Dakota County, MN | Home improvement loans | 78% | 617 | 469 |
| Ramsey County, MN | Mortgage lenders | 93% | 407 | 370 |
| Ramsey County, MN | Home improvement loans | 75% | 499 | 360 |
| Dakota County, MN | Refinance | 81% | 421 | 326 |
| Anoka County, MN | Home improvement loans | 74% | 452 | 322 |
| Dakota County, MN | Mortgage lenders | 93% | 341 | 304 |
| Anoka County, MN | Mortgage lenders | 87% | 321 | 274 |
| Anoka County, MN | Refinance | 83% | 283 | 221 |
| Scott County, MN | Home improvement loans | 76% | 289 | 217 |
The county markets where Trustone Financial Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Trustone Financial Credit Union
What is Trustone Financial Credit Union's mortgage approval rate?
Trustone Financial Credit Union approved 81.7% of the 12,663 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 8.5 points above the 73.2% national rate for the same mix of loan types.
How often do borrowers take the loan Trustone Financial Credit Union offers?
Borrowers accepted 96% of the loans Trustone Financial Credit Union 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 Trustone Financial Credit Union make?
The typical home improvement loan loan Trustone Financial Credit Union made was $65K; across all loan types its typical loan ran from $65K to $285K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Trustone Financial Credit Union lend?
Trustone Financial Credit Union decided applications in 7 of the states Fat Boy Data covers, most of them in Minnesota, Wisconsin and Arizona.
Can I apply to Trustone Financial Credit Union directly?
Yes. Trustone Financial Credit Union is a bank or credit union with 24 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Trustone Financial Credit Union'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 Trustone Financial Credit Union treats applications, then get a rate quote from the lender.