Minnwest Bank reported 681 applications for homes in Minnesota in the HMDA data of 2025.
It originated 517 loans in the state in 2025, for $155 million in total.
The median interest rate of these loans in 2025 was 6.250%, and the median of all lenders in Minnesota was 6.500%.
The median total loan costs in 2025 were $4,697, and the state median was $5,451.
It denied 12.0% of the applications that it decided in the state in 2025, and the state denial rate was 16.3%.
Filed figures of Minnwest Bank in Minnesota, 2025
Figure
In MN
Lender, all states
MN, all lenders
Applications
681
777
185,012
Loans originated
517
588
122,789
Median interest rate
6.250%
6.250%
6.500%
Median total loan costs
$4,697
$4,692
$5,451
Denial rate
12.0%
11.9%
16.3%
HMDA data are generally not used alone 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.
Pricing medians of Minnwest Bank in Minnesota, 2025Each value has the median of all lenders in Minnesota under it.
Loans
Loans in the medians
Interest rate
Total loan costs
Origination charges
Discount points, of the loans with points
Lender credits, of the loans with credits
Rate spread, points
All loans in MN
252
6.250%MN 6.500%
$4,697MN $5,451
$2,500MN $2,443
n/aMN $2,360
$44MN $434
−0.038MN 0.175
Medians are for originated closed-end loans with a first lien. Reverse mortgages, open-end lines of credit and loans for a business purpose are not in the medians. A median needs 20 loans.
The median rate spread was 0.038 percentage points below the average prime offer rate. On a loan of $300,000, that is about $114 less a year, or $10 less a month.
The dollar amount is a simple interest approximation: the rate spread times the full loan amount for one year. The balance of a loan decreases with each payment, and an APR includes some fees, so the amount for a real loan is different.
Federal Financial Institutions Examination Council and Consumer Financial Protection Bureau, Home Mortgage Disclosure Act data, 2025
Data date
HMDA year . Page made .
Provenance
The figures come from the public HMDA loan/application register of 2022 to 2025. They are the records of this LEI for homes in Minnesota. This site withholds a figure with fewer than 25 applications. Method of the figures. Terms. Report an error.
Questions
What share of the loans of Minnwest Bank were in Minnesota in 2025?
517 of its loans originated, out of 588 in all states. That is 87.9%.
In which counties of Minnesota did Minnwest Bank originate the most loans in 2025?
The three with the most loans were Lyon County (56), Waseca County (50) and Redwood County (39).
Which loan types did Minnwest Bank originate in Minnesota in 2025?
515 conventional and 2 USDA.
How did the applications of Minnwest Bank in Minnesota change from 2022 to 2025?
It reported 430 applications in 2022 and 681 in 2025.