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Crow Wing County, Minnesota
Mortgage lending record for properties in the county, calendar year 2024.
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
Crow Wing County, Minnesota, saw 2,309 HMDA-reported applications and 1,634 originations ($413m) in 2024.
That is 55.6 originations per 1,000 households, against 48.8 for Minnesota and 48.0 nationally.
The county's denial rate was 14.5%, below the state rate of 16.9%. The median rate spread on originated loans was 0.3 percentage points and 15.7% of originations were 1.5 points or more above the average prime offer rate.
26 lenders reached 25 applications in the county; the most active by originations were Deerwood Bank (132), Affinity Plus Federal Credit Union (86) and Rocket Mortgage (82).
Originations were up 14% on 2023.
Most active lenders
| # | Lender | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|---|
| 1 | Deerwood Bank | 162 | 132 | $23m | 4.7% | — |
| 2 | Affinity Plus Federal Credit Union | 115 | 86 | $9.2m | 13.1% | — |
| 3 | Rocket Mortgage | 107 | 82 | $18m | 17.2% | — |
| 4 | First Western Bank & Trust | 76 | 64 | $15m | 7.2% | — |
| 5 | RiverWood Bank | 63 | 62 | $16m | 0.0% | — |
| 6 | Us Bank, N.A. | 105 | 60 | $15m | 33.7% | — |
| 7 | Luminate Home Loans, Inc. | 71 | 60 | $12m | 0.0% | — |
| 8 | Flagstar Bank NA | 68 | 52 | $16m | 21.2% | — |
| 9 | United Wholesale Mortgage | 59 | 49 | $16m | 5.8% | — |
| 10 | American National Bank of Minnesota | 49 | 48 | $12m | 0.0% | — |
| 11 | Granite Bank | 64 | 46 | $12m | 9.4% | — |
| 12 | Bremer Bank NA | 57 | 46 | $10m | 5.9% | — |
| 13 | Wings Financial Credit Union | 51 | 41 | $9.7m | 15.7% | — |
| 14 | Frandsen Bank & Trust | 45 | 38 | $11m | 5.0% | — |
| 15 | Bell Bank | 41 | 36 | $12m | 2.7% | — |
| 16 | Prosperity Home Mortgage, LLC | 38 | 29 | $6.0m | 9.4% | — |
| 17 | Crosscountry Mortgage, LLC | 34 | 29 | $9.3m | 3.3% | — |
| 18 | Loandepot.com, LLC | 40 | 27 | $4.0m | 17.6% | — |
| 19 | Trustone Financial Credit Union | 43 | 21 | $4.5m | 47.5% | — |
| 20 | Mortgage Research Center | 34 | 21 | $6.4m | 16.0% | — |
| 21 | New American Funding, LLC. | 33 | 18 | $4.4m | — | — |
| 22 | Blaze Credit Union | 27 | 17 | $3.0m | — | — |
| 23 | Pennymac Loan Services LLC | 27 | 13 | $3.3m | — | — |
| 24 | Wells Fargo Bank NA | 26 | 13 | $3.4m | — | — |
| 25 | Discover Bank | 29 | 7 | $645k | — | — |
| 26 | 21st Mortgage | 25 | 7 | $555k | — | — |
Lenders with at least 25 applications in the county, by originations; up to 40 shown of 26. Denial rate is denials over decided applications in this county.
Compared with Minnesota and the nation
| Measure | This county | Minnesota | United States |
|---|---|---|---|
| Denial rate | 14.5% | 16.9% | 24.3% |
| Median rate spread, pp | 0.3 | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 15.7% | 13.2% | 15.6% |
| Average originated loan | $253k | $269k | $329k |
| Originations per 1,000 households | 55.6 | 48.8 | 48.0 |
| Home purchase share of originations | 55.9% | 60.9% | 57.0% |
| FHA-insured share | 7.5% | 7.9% | 13.4% |
| VA-guaranteed share | 5.8% | 4.6% | 7.9% |
Rate spread distribution
Share of 1,406 originated loans with a reported rate spread, by spread over the average prime offer rate (outlined bar: Minnesota). Loans at 1.5 points or more on a first lien are what Regulation C calls higher-priced.
Loan purpose and loan type
By purpose
Home purchase 56% (913)Home improvement 11% (182)Refinancing 11% (184)Cash-out refinancing 10% (171)Other purpose 11% (184)
By type
Conventional 86% (1,407)FHA 7% (122)VA 6% (95)USDA 1% (10)
Trend by year
ApplicationsOriginations
This countyMinnesota
Questions and answers
Which lenders are most active in Crow Wing County, MN?
By 2024 originations: Deerwood Bank (132), Affinity Plus Federal Credit Union (86), Rocket Mortgage (82), First Western Bank & Trust (64), RiverWood Bank (62). 26 lenders had at least 25 applications in the county.
What is the mortgage denial rate in Crow Wing County?
14.5% of decided applications were denied in 2024, against 16.9% across Minnesota and 24.3% nationally.
How many mortgages were originated in Crow Wing County in 2024?
1,634 loans totalling $413m, from 2,309 applications; 55.6 originations per 1,000 households.
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), by property county; households from the Census Bureau American Community Survey 2024 five-year estimates.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records with a property in county FIPS 27035; households and population from the U.S. Census Bureau (ACS 2024 five-year estimates; Vintage 2024 population estimates). Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.