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refinance lenders · HMDA 2023–2025

Refinance lenders in Dakota County, Minnesota

Fat Boy Data analyzed mortgage 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. 3,547 applications were decided by 250 lenders between 2023 and 2025.

Dakota County at a glance

250Active lenders35 with 20+ decisions
81.0%Market approval rate2,873 of 3,547 decided
$155KTypical loanmedian lender, $10K brackets
94%Borrower take-up2,692 loans funded

How Dakota County compares

Approval rate compared
Dakota County81.0%Minnesota82.1%All 616 counties76.5%
Typical loan compared
Dakota County$155KMinnesota$235KAll 616 counties$295K

What the data shows

Trustone Financial Credit Union made the most mortgage refinances in Dakota County, MN, 326 of them.

Vermillion State Bank approved the highest share of applications among lenders with at least 20 decisions here, 100% of 89.

The typical mortgage refinance here is $155K, 34% smaller than the Minnesota typical of $235K.

Approval rate of all 35 lenders with 20+ decisions here
0%25%50%75%100%Discover Bank: 39% approved of 87Carrington Mortgage Services, LLC: 40% approved of 20Lakeview Loan Servicing, LLC: 46% approved of 65Bank of America, National Association: 57% approved of 21Associated Bank, National Association: 61% approved of 44Mortgage Research Center, LLC: 62% approved of 32The Huntington National Bank: 65% approved of 75Newrez LLC: 67% approved of 46Old National Bank: 70% approved of 64Genisys Credit Union: 75% approved of 28Ideal: 76% approved of 21Think Mutual Bank: 79% approved of 28Bell Bank: 79% approved of 96Rocket Mortgage, LLC: 80% approved of 163Trustone Financial Credit Union: 81% approved of 421U.S. Bank National Association: 81% approved of 152Loandepot.Com, LLC: 82% approved of 38Wells Fargo Bank, National Association: 82% approved of 45Fairway Independent Mortgage Corporation: 84% approved of 43Alerus Financial, National Association: 85% approved of 41United Wholesale Mortgage, LLC: 85% approved of 206Wings Financial Credit Union: 86% approved of 268Blaze Credit Union: 88% approved of 25Affinity Plus: 89% approved of 171Cmg Mortgage, Inc.: 91% approved of 22Merchants Bank, National Association: 92% approved of 71Pennymac Loan Services, LLC: 92% approved of 84Bremer Bank, National Association: 94% approved of 31Veridian Credit Union: 95% approved of 20Guaranteed Rate, Inc.: 96% approved of 25Deerwood Bank: 96% approved of 26Freedom Mortgage Corporation: 96% approved of 80Crosscountry Mortgage, LLC: 98% approved of 43Vermillion State Bank: 100% approved of 89Tradition Mortgage, LLC: 100% approved of 33

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

Refinance lenders in Dakota County

LenderApprovalApprovedTaken upTypical loanLoans made
1Trustone Financial Credit Union81%339 / 42196%$105K326
2Wings Financial Credit Union86%231 / 26878%$105K181
3United Wholesale Mortgage, LLCBroker only85%176 / 20698%$355K172
4Affinity Plus89%153 / 17196%$95K147
5Rocket Mortgage, LLC80%131 / 16396%$345K126

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 245 more lenders.

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You are seeing the 5 largest mortgage 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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  • Typical loan and full range
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