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cash-out refinance lenders · HMDA 2023–2025

Cash-out refinance lenders in Minnesota

Fat Boy Data analyzed cash-out refinance activity in Minnesota to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 26,122 applications were decided by 431 lenders between 2023 and 2025.

Minnesota at a glance

431Active lenders115 with 20+ decisions
72.1%Market approval rate18,824 of 26,122 decided
$145KTypical loanmedian lender, $10K brackets
95%Borrower take-up17,809 loans funded

How Minnesota compares

Approval rate compared
Minnesota72.1%All 616 counties68.2%
Typical loan compared
Minnesota$145KAll 616 counties$155K

What the data shows

Rocket Mortgage, LLC made the most cash-out refinances in Minnesota, 3,778 of them.

Tradition Mortgage, LLC approved the highest share of applications among lenders with at least 20 decisions here, 100% of 98.

Approval rate of all 60 lenders with 20+ decisions here
0%25%50%75%100%One lender: 21% approved of 294Amerisave Mortgage Corporation: 26% approved of 911One lender: 29% approved of 287One lender: 33% approved of 281One lender: 36% approved of 148One lender: 37% approved of 148One lender: 40% approved of 474One lender: 46% approved of 213One lender: 50% approved of 106One lender: 57% approved of 880One lender: 58% approved of 127One lender: 60% approved of 241One lender: 63% approved of 314One lender: 65% approved of 68One lender: 65% approved of 615One lender: 66% approved of 94One lender: 66% approved of 810One lender: 69% approved of 662One lender: 69% approved of 535One lender: 69% approved of 252One lender: 70% approved of 54One lender: 71% approved of 122One lender: 72% approved of 706One lender: 72% approved of 459One lender: 73% approved of 128One lender: 73% approved of 59One lender: 73% approved of 94United Wholesale Mortgage, LLC: 74% approved of 1,500One lender: 74% approved of 108One lender: 77% approved of 235One lender: 77% approved of 102One lender: 78% approved of 63U.S. Bank National Association: 78% approved of 1,575One lender: 79% approved of 121One lender: 79% approved of 159One lender: 79% approved of 112Rocket Mortgage, LLC: 80% approved of 4,885One lender: 81% approved of 488One lender: 82% approved of 302Blaze Credit Union: 83% approved of 1,081One lender: 83% approved of 107One lender: 84% approved of 144One lender: 84% approved of 64One lender: 85% approved of 355One lender: 86% approved of 85One lender: 86% approved of 102One lender: 86% approved of 66One lender: 86% approved of 169One lender: 88% approved of 191One lender: 88% approved of 371One lender: 89% approved of 158One lender: 89% approved of 56One lender: 90% approved of 225One lender: 93% approved of 59One lender: 93% approved of 61One lender: 94% approved of 108One lender: 95% approved of 195One lender: 98% approved of 88One lender: 99% approved of 128One lender: 100% approved of 98

Each dot is one lender, placed at its approval rate. Hover for the sample size; the 5 largest lenders are named, the rest are behind the unlock.

Cash-out refinance lenders in Minnesota

LenderApprovalApprovedTaken upTypical loanLoans made
1Rocket Mortgage, LLC80%3,924 / 4,88596%$145K3,778
2U.S. Bank National Association78%1,236 / 1,57597%$145K1,198
3United Wholesale Mortgage, LLCBroker only74%1,108 / 1,50097%$245K1,075
4Blaze Credit Union83%893 / 1,08191%$95K811
5Amerisave Mortgage Corporation26%237 / 91197%$205K231

Ranked by lending volume. Approval is the share of decided applications a lender approved; taken up is the share of approvals borrowers accepted. Lenders with fewer than 20 decisions are marked as a limited sample and never used for a “highest approval” claim.How the numbers work.

Fat Boy found 426 more lenders.

One email unlocks every lender Fat Boy found.

You are seeing the 5 largest cash-out refinance lenders in Minnesota. Unlock the full market: every lender that decided one of these loans here, what they approved, how much borrowers took, and how close the nearest office is.

  • Every lender in the market
  • Approval rate and borrower take-up
  • Typical loan size and range
  • Nearest office and distance
  • Branch count and application options
  • How easy each lender is to reach

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