Lenders › Highland Bank › Minnesota
Highland Bank 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.
In Minnesota, Highland Bank reported 456 applications and 314 originations for 2024, $40m in all.
Its denial rate in the state was 18.1%, close to the Minnesota rate of 16.9% across all lenders and compared with the lender's national rate of 17.8%.
Applications in the state were down 10% on 2023.
Compared with the state and the lender's national record
| Measure | In Minnesota | Minnesota, all lenders | Highland Bank, all states | United States |
|---|---|---|---|---|
| Denial rate | 18.1% | 16.9% | 17.8% | 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 | $128k | $269k | $128k | $329k |
| Home purchase share | 6.4% | 60.9% | 6.3% | 57.0% |
| FHA-insured share | 0.0% | 7.9% | 0.0% | 13.4% |
| VA-guaranteed share | 0.0% | 4.6% | 0.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateMinnesota, all lenders
Loan purpose and loan type in Minnesota
By purpose
Home purchase 6% (20)Home improvement 35% (108)Refinancing 4% (12)Cash-out refinancing 14% (45)Other purpose 41% (128)
By type
Conventional 100% (314)
Denial reasons as coded
Share of 75 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 | 156 | 114 | $19m | 12.2% |
| Anoka County | 50 | 35 | $3.3m | 18.2% |
| Dakota County | 41 | 28 | $3.5m | 23.1% |
| Ramsey County | 40 | 28 | $3.6m | 18.9% |
| Scott County | 31 | 23 | $2.8m | 14.8% |
| Washington County | 33 | 21 | $1.9m | 24.1% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Highland Bank originate in Minnesota in 2024?
314 loans totalling $40m, from 456 applications reported for properties in Minnesota.
What is Highland Bank's denial rate in Minnesota?
18.1% of decided applications in Minnesota were denied, against 16.9% for all lenders in the state and 17.8% 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 Highland Bank lend in most?
By originations: Hennepin County (114), Anoka County (35), Dakota County (28), Ramsey County (28), Scott County (23).
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.