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refinance lenders · HMDA 2023–2025

Refinance lenders in Olmsted County, Minnesota

Fat Boy Data analyzed mortgage 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. 1,224 applications were decided by 134 lenders between 2023 and 2025.

Olmsted County at a glance

134Active lenders14 with 20+ decisions
81.3%Market approval rate995 of 1,224 decided
$115KTypical loanmedian lender, $10K brackets
96%Borrower take-up955 loans funded

How Olmsted County compares

Approval rate compared
Olmsted County81.3%Minnesota82.1%All 616 counties76.5%
Typical loan compared
Olmsted County$115KMinnesota$235KAll 616 counties$295K

What the data shows

Think Mutual Bank made the most mortgage refinances in Olmsted County, MN, 110 of them.

Merchants Bank, National Association approved the highest share of applications among lenders with at least 20 decisions here, 98% of 49.

The typical mortgage refinance here is $115K, 51% smaller than the Minnesota typical of $235K.

Approval rate of all 14 lenders with 20+ decisions here
0%25%50%75%100%One lender: 36% approved of 28One lender: 66% approved of 35First Alliance Credit Union: 78% approved of 67One lender: 81% approved of 36Mayo Employees Federal Credit Union: 81% approved of 112One lender: 81% approved of 54Affinity Plus: 83% approved of 65One lender: 84% approved of 31United Wholesale Mortgage, LLC: 86% approved of 97Think Mutual Bank: 88% approved of 129One lender: 89% approved of 28One lender: 90% approved of 42One lender: 92% approved of 52One lender: 98% approved of 49

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.

Refinance lenders in Olmsted County

LenderApprovalApprovedTaken upTypical loanLoans made
1Think Mutual Bank88%113 / 12997%$105K110
2Mayo Employees Federal Credit Union81%91 / 11299%$75K90
3United Wholesale Mortgage, LLCBroker only86%83 / 9799%$295K82
4First Alliance Credit Union78%52 / 6792%$85K48
5Affinity Plus83%54 / 6598%$65K53

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 129 more lenders.

One email unlocks every lender Fat Boy found.

You are seeing the 5 largest mortgage 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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