Lenders › Bremer Bank NA › Minnesota
Bremer Bank NA in Minnesota
HMDA record for properties in Minnesota, calendar year 2024. National record · Minnesota overview
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.
Bremer Bank NA's 2024 HMDA record for Minnesota covers 1,845 applications, 1,434 of them originated, worth $412m.
Its denial rate in the state was 12.2%, below the Minnesota rate of 16.9% across all lenders and compared with the lender's national rate of 11.9%.
The median rate spread on its Minnesota originations was 0.3 percentage points (state median 0.4).
Applications in the state were down 11% on 2023.
Compared with the state and the lender's national record
| Measure | In Minnesota | Minnesota, all lenders | Bremer Bank NA, all states | United States |
|---|---|---|---|---|
| Denial rate | 12.2% | 16.9% | 11.9% | 24.3% |
| Median rate spread, pp | 0.3 | 0.4 | 0.2 | 0.3 |
| Originations with spread of 1.5 pp or more | 22.1% | 13.2% | 22.8% | 15.6% |
| Average originated loan | $287k | $269k | $332k | $329k |
| Home purchase share | 46.4% | 60.9% | 46.2% | 57.0% |
| FHA-insured share | 3.2% | 7.9% | 2.9% | 13.4% |
| VA-guaranteed share | 0.4% | 4.6% | 0.7% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateMinnesota, all lenders
Loan purpose and loan type in Minnesota
By purpose
Home purchase 46% (665)Home improvement 6% (86)Refinancing 18% (255)Cash-out refinancing 6% (82)Other purpose 24% (346)
By type
Conventional 96% (1,374)FHA 3% (46)VA 0% (6)USDA 1% (8)
Denial reasons as coded
Share of 202 denials in Minnesota by first denial reason coded (outlined bar: all lenders in the state).
Counties in Minnesota
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Olmsted County | 133 | 108 | $51m | 7.6% |
| Hennepin County | 142 | 102 | $32m | 15.6% |
| Kandiyohi County | 98 | 77 | $15m | 10.3% |
| Stearns County | 95 | 75 | $17m | 12.6% |
| Douglas County | 84 | 69 | $11m | 10.4% |
| Dakota County | 81 | 68 | $43m | 2.8% |
| Ramsey County | 82 | 61 | $13m | 14.1% |
| Otter Tail County | 74 | 56 | $15m | 13.6% |
| Polk County | 67 | 56 | $9.0m | 9.7% |
| Becker County | 63 | 50 | $11m | 8.9% |
| Crow Wing County | 57 | 46 | $10m | 5.9% |
| Lyon County | 50 | 43 | $6.2m | 12.2% |
| Washington County | 47 | 36 | $11m | 11.9% |
| Benton County | 41 | 32 | $6.8m | 11.1% |
| Redwood County | 36 | 31 | $3.4m | 3.1% |
| Clay County | 39 | 28 | $6.7m | 20.0% |
| Sherburne County | 35 | 27 | $4.7m | 15.6% |
| Steele County | 37 | 26 | $5.5m | 23.5% |
| Blue Earth County | 34 | 26 | $6.4m | 13.3% |
| Stevens County | 29 | 26 | $3.1m | 7.1% |
| Dodge County | 30 | 21 | $3.3m | 21.4% |
| Anoka County | 28 | 21 | $32m | 16.0% |
| Wright County | 26 | 18 | $3.6m | — |
| Mower County | 27 | 17 | $1.8m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Bremer Bank NA originate in Minnesota in 2024?
1,434 loans totalling $412m, from 1,845 applications reported for properties in Minnesota.
What is Bremer Bank NA's denial rate in Minnesota?
12.2% of decided applications in Minnesota were denied, against 16.9% for all lenders in the state and 11.9% 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 Bremer Bank NA lend in most?
By originations: Olmsted County (108), Hennepin County (102), Kandiyohi County (77), Stearns County (75), Douglas County (69).
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 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.