Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Hennepin County, Minnesota
Every institution that decided a 1–4 unit mortgage application in Hennepin County, home to Minneapolis, between 2023 and 2025: 78,042 applications, 65,024 loans actually funded, across 8 kinds of borrowing.
Hennepin County at a glance
78,042Applications decided
2023–2025
65,024Loans funded
83% of decisions
329Census tracts
64 ZIP codes
1,268,903People
ACS 2023
What the data shows
The typical purchase mortgage here is $325K.
Investment home improvement is the hardest money to get here: lenders approved 51% of 494 applications.
Lending by loan type in Hennepin County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 94.0% | 44,370 | $325K | 98% | 567 |
| Home improvement loans | 73.7% | 12,167 | $75K | 92% | 166 |
| Cash-out refinance | 70.4% | 6,851 | $145K | 94% | 279 |
| Refinance | 81.4% | 8,530 | $245K | 94% | 332 |
| Investment property purchase | 91.9% | 4,214 | $245K | 97% | 355 |
| Investment cash-out refinance | 69.4% | 612 | $215K | 88% | 138 |
| Investment refinance | 81.0% | 804 | $215K | 92% | 185 |
| Investment home improvement | 50.8% | 494 | $85K | 93% | 81 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.