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investment property lenders · HMDA 2023–2025

Investment property lenders in Minnesota

Fat Boy Data analyzed investment property mortgage 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. 11,708 applications were decided by 508 lenders between 2023 and 2025.

Minnesota at a glance

508Active lenders137 with 20+ decisions
92.4%Market approval rate10,813 of 11,708 decided
$245KTypical loanmedian lender, $10K brackets
96%Borrower take-up10,431 loans funded

How Minnesota compares

Approval rate compared
Minnesota92.4%All 616 counties87.5%
Typical loan compared
Minnesota$245KAll 616 counties$255K

What the data shows

Bridgewater Bank made the most investment property mortgages in Minnesota, 409 of them.

Dhi Mortgage Company, Ltd. approved the highest share of applications among lenders with at least 20 decisions here, 100% of 116.

Approval rate of all 60 lenders with 20+ decisions here
0%25%50%75%100%Lendingone, LLC: 17% approved of 60Rpe Home Inc.: 30% approved of 5721St Mortgage Corporation: 67% approved of 102Trustone Financial Credit Union: 73% approved of 170Wells Fargo Bank, National Association: 76% approved of 154U.S. Bank National Association: 76% approved of 221Kind Lending, LLC: 79% approved of 70Northview Bank: 83% approved of 65Newrez LLC: 86% approved of 59United Wholesale Mortgage, LLC: 87% approved of 476The Huntington National Bank: 87% approved of 78JPMorgan Chase Bank, National Association: 87% approved of 63Rocket Mortgage, LLC: 88% approved of 207Guaranteed Rate Affinity, LLC: 89% approved of 75Summit Mortgage Corporation: 91% approved of 57Prosperity Home Mortgage, LLC: 91% approved of 116First Bank & Trust: 92% approved of 62Pulte Mortgage LLC: 92% approved of 88Granite Bank: 94% approved of 79Citizens State Bank: 94% approved of 66Wings Financial Credit Union: 94% approved of 149Everett Financial, Inc.: 94% approved of 70Topline Financial Credit Union: 94% approved of 53Kiavi Funding, Inc.: 94% approved of 414Blaze Credit Union: 95% approved of 55National Bank of Commerce: 95% approved of 56Magnifi Financial Credit Union: 95% approved of 58New American Funding, LLC: 95% approved of 98Royal Credit Union: 95% approved of 139Bell Bank: 95% approved of 386Fairway Independent Mortgage Corporation: 95% approved of 123Pennymac Loan Services, LLC: 95% approved of 197Foresight Bank: 96% approved of 89Merchants Bank, National Association: 96% approved of 90The First National Bank of Moose Lake: 96% approved of 70Lennar Mortgage, LLC: 96% approved of 294Guaranteed Rate, Inc.: 97% approved of 86Alerus Financial, National Association: 97% approved of 115Sunrise Banks, National Association: 97% approved of 206Crosscountry Mortgage, LLC: 98% approved of 260Park State Bank: 98% approved of 93Northeast Bank: 99% approved of 67Bridgewater Bank: 99% approved of 438Loandepot.Com, LLC: 99% approved of 78Frandsen Bank & Trust: 99% approved of 171North Shore Bank of Commerce: 99% approved of 111Coulee Bank: 99% approved of 127Dhi Mortgage Company, Ltd.: 100% approved of 116Community Resource Bank: 100% approved of 87M/I Financial, LLC: 100% approved of 81Luminate Home Loans, Inc.: 100% approved of 80Tradition Mortgage, LLC: 100% approved of 80CCM Finance, LLC: 100% approved of 79First Resource Bank: 100% approved of 77Rf Renovo Management Company, LLC: 100% approved of 77Lakeview Bank: 100% approved of 70Platinum Bank: 100% approved of 70American Heritage National Bank: 100% approved of 63Security Bank & Trust Company: 100% approved of 63Luminate Bank: 100% approved of 61

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

Investment property lenders in Minnesota

LenderApprovalApprovedTaken upTypical loanLoans made
1United Wholesale Mortgage, LLCBroker only87%414 / 47698%$225K406
2Bridgewater Bank99%432 / 43895%$245K409
3Kiavi Funding, Inc.94%391 / 41497%$255K378
4Bell Bank95%367 / 386100%$265K366
5Lennar Mortgage, LLC96%282 / 294100%$265K281

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 503 more lenders.

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You are seeing the 5 largest investment property mortgage lenders in Minnesota. 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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Other lending data for Minnesota

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Counties in Minnesota

Hennepin CountyCountyRamsey CountyCountyDakota CountyCountyAnoka CountyCountyWashington CountyCountySt. Louis CountyCountyOlmsted CountyCountyStearns CountyCountyScott CountyCountyWright CountyCountyCarver CountyCounty