Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Olmsted County, Minnesota
Every institution that decided a 1–4 unit mortgage application in Olmsted County, home to Rochester, between 2023 and 2025: 10,649 applications, 9,085 loans actually funded, across 8 kinds of borrowing.
Olmsted County at a glance
10,649Applications decided
2023–2025
9,085Loans funded
85% of decisions
35Census tracts
8 ZIP codes
163,425People
ACS 2023
What the data shows
The typical purchase mortgage here is $285K.
Lending by loan type in Olmsted County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 93.2% | 6,213 | $285K | 98% | 281 |
| Home improvement loans | 79.4% | 1,400 | $55K | 96% | 64 |
| Cash-out refinance | 72.6% | 970 | $185K | 94% | 114 |
| Refinance | 81.3% | 1,224 | $115K | 96% | 134 |
| Investment property purchase | 94.9% | 624 | $205K | 98% | 113 |
| Investment cash-out refinance | 74.1% | 58 | $165K | 95% | 37 |
| Investment refinance | 90.8% | 119 | $155K | 97% | 44 |
| Investment home improvement | 63.4% | 41 | $75K | 96% | 26 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.