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RPE Home, Inc in Minnesota

HMDA record for properties in Minnesota, calendar year 2024. National record · Minnesota overview

LEI 254900DSZI6CJXJL6Z14
Reporting agency Consumer Financial Protection Bureau
State Minnesota

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.

In Minnesota, RPE Home, Inc reported 130 applications and 16 originations for 2024, $4.1m in all.

Its denial rate in the state was 70.3%, above the Minnesota rate of 16.9% across all lenders and compared with the lender's national rate of 70.1%.

130applications in MN, 20241.4% of the lender's total
16loans originated$4.1m
70.3%denial rateMN all lenders 16.9%
—median rate spreadMN 0.4 pp

Compared with the state and the lender's national record

MeasureIn MinnesotaMinnesota, all lendersRPE Home, Inc, all statesUnited States
Denial rate70.3%16.9%70.1%24.3%
Median rate spread, pp—0.4—0.3
Originations with spread of 1.5 pp or more—13.2%—15.6%
Average originated loan—$269k$256k$329k
Home purchase share100.0%60.9%88.1%57.0%
FHA-insured share0.0%7.9%0.0%13.4%
VA-guaranteed share0.0%4.6%0.0%7.9%

Trend by year

ApplicationsOriginations

0651302024: 130 Applications2024: 16 Originations202220232024
RPE Home, Inc in Minnesota: applications and originations, 2022–2024

This lender in stateMinnesota, all lenders

0%35.1%70.3%2024: 70.3% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in Minnesota

By purpose

Home purchase 100% (16)

By type

Conventional 100% (16)

Denial reasons as coded

Credit history64.4%
Collateral20%
Insufficient cash (downpayment, closing costs)15.6%
Debt-to-income ratio0%
Employment history0%
Unverifiable information0%
Credit application incomplete0%
Mortgage insurance denied0%
Other0%

Share of 45 denials in Minnesota by first denial reason coded (outlined bar: all lenders in the state).

Counties in Minnesota

CountyApplicationsOriginationsAmountDenial rate
Hennepin County458$2.4m—
Ramsey County264$1.1m—

Counties with at least 25 applications, by originations.

Questions and answers

How many mortgages did RPE Home, Inc originate in Minnesota in 2024?

16 loans totalling $4.1m, from 130 applications reported for properties in Minnesota.

What is RPE Home, Inc's denial rate in Minnesota?

70.3% of decided applications in Minnesota were denied, against 16.9% for all lenders in the state and 70.1% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.

Which Minnesota counties does RPE Home, Inc lend in most?

By originations: Hennepin County (8), Ramsey County (4).

Where does this data come from?

From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.

Provenance

Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Minnesota. Built 1 Oct 2026; data through 1 Aug 2026. See methodology and corrections.