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cash-out refinance lenders · HMDA 2023–2025

Cash-out refinance lenders in Dakota County, Minnesota

Fat Boy Data analyzed cash-out refinance activity in Dakota County, 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. 3,159 applications were decided by 196 lenders between 2023 and 2025.

Dakota County at a glance

196Active lenders32 with 20+ decisions
71.5%Market approval rate2,259 of 3,159 decided
$165KTypical loanmedian lender, $10K brackets
95%Borrower take-up2,145 loans funded

How Dakota County compares

Approval rate compared
Dakota County71.5%Minnesota72.1%All 616 counties68.2%
Typical loan compared
Dakota County$165KMinnesota$145KAll 616 counties$155K

What the data shows

Rocket Mortgage, LLC made the most cash-out refinances in Dakota County, MN, 517 of them.

Crosscountry Mortgage, LLC approved the highest share of applications among lenders with at least 20 decisions here, 97% of 33.

The typical cash-out refinance here is $165K, 14% larger than the Minnesota typical of $145K.

Approval rate of all 32 lenders with 20+ decisions here
0%25%50%75%100%Spring Eq, LLC: 25% approved of 20American Financing Corporation: 26% approved of 27Mortgage Research Center, LLC: 29% approved of 35Amerisave Mortgage Corporation: 32% approved of 101New Day Financial, LLC: 36% approved of 33Affinity Plus: 37% approved of 30Lakeview Loan Servicing, LLC: 39% approved of 46Carrington Mortgage Services, LLC: 40% approved of 57Newrez LLC: 56% approved of 93Wells Fargo Bank, National Association: 59% approved of 97Freedom Mortgage Corporation: 64% approved of 89The Huntington National Bank: 65% approved of 115BMO Bank National Association: 68% approved of 65Pennymac Loan Services, LLC: 70% approved of 66Bell Bank: 70% approved of 40Mutual of Omaha Mortgage, Inc.: 71% approved of 28Loandepot.Com, LLC: 73% approved of 77Flagstar Bank, National Association: 76% approved of 29New American Funding, LLC: 76% approved of 34GoodLeap, LLC: 77% approved of 47United Wholesale Mortgage, LLC: 77% approved of 167Nationstar Mortgage LLC: 77% approved of 75U.S. Bank National Association: 78% approved of 222Rocket Mortgage, LLC: 80% approved of 656Blaze Credit Union: 83% approved of 78Trustone Financial Credit Union: 83% approved of 24JPMorgan Chase Bank, National Association: 85% approved of 27Wings Financial Credit Union: 85% approved of 96Fairway Independent Mortgage Corporation: 88% approved of 25Sharepoint Credit Union: 90% approved of 20The Federal Savings Bank: 90% approved of 21Crosscountry Mortgage, LLC: 97% approved of 33

Each dot is one lender, placed at its approval rate. Hover for the name and sample size.

Cash-out refinance lenders in Dakota County

LenderApprovalApprovedTaken upTypical loanLoans made
1Rocket Mortgage, LLC80%528 / 65698%$165K517
2U.S. Bank National Association78%174 / 22295%$125K165
3United Wholesale Mortgage, LLCBroker only77%129 / 16797%$245K125
4The Huntington National Bank65%75 / 11595%$135K71
5Amerisave Mortgage Corporation32%32 / 101100%$205K32

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

Fat Boy found 191 more lenders.

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You are seeing the 5 largest cash-out refinance lenders in Dakota County. Unlock every lender who decided one of these loans here, what they approved, how much borrowers actually took, and how far the nearest office is.

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