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cash-out refinance lenders · HMDA 2023–2025

Cash-out refinance lenders in Olmsted County, Minnesota

Fat Boy Data analyzed cash-out refinance activity in Olmsted County, Minnesota, home to Rochester, to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 970 applications were decided by 114 lenders between 2023 and 2025.

Olmsted County at a glance

114Active lenders11 with 20+ decisions
72.6%Market approval rate704 of 970 decided
$185KTypical loanmedian lender, $10K brackets
94%Borrower take-up662 loans funded

How Olmsted County compares

Approval rate compared
Olmsted County72.6%Minnesota72.1%All 616 counties68.2%
Typical loan compared
Olmsted County$185KMinnesota$145KAll 616 counties$155K

What the data shows

Rocket Mortgage, LLC made the most cash-out refinances in Olmsted County, MN, 143 of them.

Bremer Bank, National Association approved the highest share of applications among lenders with at least 20 decisions here, 92% of 24.

The typical cash-out refinance here is $185K, 28% larger than the Minnesota typical of $145K.

Approval rate of all 11 lenders with 20+ decisions here
0%25%50%75%100%One lender: 30% approved of 33One lender: 44% approved of 25Marine Credit Union: 56% approved of 39One lender: 61% approved of 23One lender: 68% approved of 38United Wholesale Mortgage, LLC: 77% approved of 65Rocket Mortgage, LLC: 80% approved of 184One lender: 80% approved of 20U.S. Bank National Association: 84% approved of 38Think Mutual Bank: 84% approved of 77One lender: 92% approved of 24

Each dot is one lender, placed at its approval rate. Hover for the sample size; the 5 largest lenders are named, the rest are behind the unlock.

Cash-out refinance lenders in Olmsted County

LenderApprovalApprovedTaken upTypical loanLoans made
1Rocket Mortgage, LLC80%147 / 18497%$185K143
2Think Mutual Bank84%65 / 7795%$125K62
3United Wholesale Mortgage, LLCBroker only77%50 / 6598%$205K49
4Marine Credit Union56%22 / 3973%$95K16
5U.S. Bank National Association84%32 / 3894%$155K30

Ranked by lending volume. Approval is the share of decided applications a lender approved; taken up is the share of approvals borrowers accepted. Lenders with fewer than 20 decisions are marked as a limited sample and never used for a “highest approval” claim.How the numbers work.

Fat Boy found 109 more lenders.

One email unlocks every lender Fat Boy found.

You are seeing the 5 largest cash-out refinance lenders in Olmsted County. Unlock the full market: every lender that decided one of these loans here, what they approved, how much borrowers took, and how close the nearest office is.

  • Every lender in the market
  • Approval rate and borrower take-up
  • Typical loan size and range
  • Nearest office and distance
  • Branch count and application options
  • How easy each lender is to reach

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