Lenders › United Wholesale Mortgage › Minnesota
United Wholesale Mortgage 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.
United Wholesale Mortgage's 2024 HMDA record for Minnesota covers 7,042 applications, 5,603 of them originated, worth $1.7bn.
Its denial rate in the state was 10.3%, below the Minnesota rate of 16.9% across all lenders and compared with the lender's national rate of 13.4%.
The median rate spread on its Minnesota originations was 0.2 percentage points (state median 0.4).
Applications in the state were up 23% on 2023.
Compared with the state and the lender's national record
| Measure | In Minnesota | Minnesota, all lenders | United Wholesale Mortgage, all states | United States |
|---|---|---|---|---|
| Denial rate | 10.3% | 16.9% | 13.4% | 24.3% |
| Median rate spread, pp | 0.2 | 0.4 | 0.2 | 0.3 |
| Originations with spread of 1.5 pp or more | 4.1% | 13.2% | 5.8% | 15.6% |
| Average originated loan | $305k | $269k | $382k | $329k |
| Home purchase share | 75.0% | 60.9% | 67.0% | 57.0% |
| FHA-insured share | 16.5% | 7.9% | 20.3% | 13.4% |
| VA-guaranteed share | 12.5% | 4.6% | 14.6% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateMinnesota, all lenders
Loan purpose and loan type in Minnesota
By purpose
Home purchase 75% (4,200)Refinancing 14% (772)Cash-out refinancing 11% (631)
By type
Conventional 71% (3,953)FHA 17% (927)VA 12% (699)USDA 0% (24)
Denial reasons as coded
Share of 655 denials in Minnesota by first denial reason coded (outlined bar: all lenders in the state).
Counties in Minnesota
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Hennepin County | 1,527 | 1,181 | $406m | 12.3% |
| Anoka County | 636 | 497 | $157m | 10.5% |
| Ramsey County | 544 | 427 | $127m | 11.1% |
| Dakota County | 501 | 413 | $132m | 9.4% |
| Washington County | 371 | 307 | $111m | 9.0% |
| Olmsted County | 341 | 284 | $82m | 5.6% |
| Wright County | 272 | 212 | $68m | 9.1% |
| Blue Earth County | 212 | 177 | $44m | 10.1% |
| Scott County | 176 | 145 | $59m | 6.4% |
| Becker County | 141 | 124 | $32m | 6.1% |
| Sherburne County | 159 | 120 | $40m | 12.5% |
| Stearns County | 139 | 109 | $27m | 13.4% |
| Otter Tail County | 124 | 99 | $23m | 14.7% |
| Carver County | 119 | 97 | $39m | 6.5% |
| Nicollet County | 101 | 87 | $22m | 5.4% |
| St. Louis County | 101 | 74 | $18m | 11.6% |
| Chisago County | 77 | 63 | $19m | 9.9% |
| Clay County | 69 | 60 | $15m | 3.1% |
| Rice County | 67 | 54 | $14m | 3.5% |
| Goodhue County | 61 | 52 | $17m | 7.1% |
| Isanti County | 61 | 50 | $15m | 13.6% |
| Crow Wing County | 59 | 49 | $16m | 5.8% |
| Le Sueur County | 55 | 44 | $14m | 12.0% |
| Polk County | 52 | 43 | $11m | 8.3% |
| Dodge County | 42 | 40 | $10m | 2.4% |
| Kandiyohi County | 43 | 38 | $10m | 2.5% |
| McLeod County | 42 | 37 | $8.9m | 2.6% |
| Benton County | 38 | 33 | $8.4m | 5.4% |
| Steele County | 41 | 32 | $7.7m | 11.1% |
| Meeker County | 38 | 31 | $9.5m | 6.1% |
| Beltrami County | 38 | 30 | $8.8m | 11.4% |
| Douglas County | 33 | 30 | $9.3m | 0.0% |
| Waseca County | 34 | 28 | $5.0m | 12.5% |
| Faribault County | 32 | 28 | $4.5m | 3.4% |
| Pine County | 33 | 26 | $6.9m | 16.1% |
| Mille Lacs County | 42 | 25 | $7.2m | 21.2% |
| Wabasha County | 27 | 25 | $7.3m | 3.7% |
| Itasca County | 32 | 24 | $5.7m | 10.7% |
| Mower County | 30 | 23 | $4.0m | 14.8% |
| Morrison County | 32 | 22 | $5.8m | 15.4% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did United Wholesale Mortgage originate in Minnesota in 2024?
5,603 loans totalling $1.7bn, from 7,042 applications reported for properties in Minnesota.
What is United Wholesale Mortgage's denial rate in Minnesota?
10.3% of decided applications in Minnesota were denied, against 16.9% for all lenders in the state and 13.4% 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 United Wholesale Mortgage lend in most?
By originations: Hennepin County (1,181), Anoka County (497), Ramsey County (427), Dakota County (413), Washington County (307).
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.