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investment property refinance lenders · HMDA 2023–2025

Investment property refinance lenders in Hennepin County, Minnesota

Fat Boy Data analyzed investment property refinance activity in Hennepin 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. 804 applications were decided by 185 lenders between 2023 and 2025.

Hennepin County at a glance

185Active lenders7 with 20+ decisions
81.0%Market approval rate651 of 804 decided
$215KTypical loanmedian lender, $10K brackets
92%Borrower take-up602 loans funded

How Hennepin County compares

Approval rate compared
Hennepin County81.0%Minnesota84.2%All 616 counties77.7%
Typical loan compared
Hennepin County$215KMinnesota$195KAll 616 counties$235K

What the data shows

Kiavi Funding, Inc. made the most investment property refinances in Hennepin County, MN, 30 of them.

Old National Bank approved the highest share of applications among lenders with at least 20 decisions here, 95% of 20.

The typical investment property refinance here is $215K, 10% larger than the Minnesota typical of $195K.

Approval rate of all 7 lenders with 20+ decisions here
0%25%50%75%100%Trustone Financial Credit Union: 62% approved of 42United Wholesale Mortgage, LLC: 68% approved of 31Bell Bank: 76% approved of 21Kiavi Funding, Inc.: 91% approved of 35Alerus Financial, National Association: 93% approved of 27Old National Bank: 95% approved of 20Sunrise Banks, National Association: 95% approved of 20

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

Investment property refinance lenders in Hennepin County

LenderApprovalApprovedTaken upTypical loanLoans made
1Trustone Financial Credit Union62%26 / 42100%$125K26
2Kiavi Funding, Inc.91%32 / 3594%$175K30
3United Wholesale Mortgage, LLCBroker only68%21 / 31100%$255K21
4Alerus Financial, National Association93%25 / 2784%$145K21
5Bell Bank76%16 / 2194%$215K15

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 180 more lenders.

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You are seeing the 5 largest investment property refinance lenders in Hennepin 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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