Lender profile · HMDA 2023–2025
Minnwest Bank mortgage approval rates & lending data
Minnwest Bank decided 361 mortgage applications and funded 316 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 93% | 164 / 177 | 98% | $275K | 161 |
| Home improvement loans | 84% | 59 / 70 | 97% | $65K | 57 |
| Refinance | 85% | 45 / 53 | 96% | $175K | 43 |
| Investment property purchase | 100% | 33 / 33 | 88% | $235K | 29 |
Minnwest Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Minnesota | 91% | $275K | 298 | 261 |
| South Dakota | 87% | $175K | 46 | 40 |
| Florida | 86% | $325K | 7 | 5 |
| Wisconsin | 100% | $205K | 5 | 5 |
| North Dakota | 100% | $255K | 3 | 3 |
| Iowa | 100% | $205K | 1 | 1 |
| Washington | 100% | $645K | 1 | 1 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.