Lender in Minnesota · HMDA 2025
Frandsen Bank & Trust mortgages in Minnesota
Frandsen Bank & Trust's 2025 home-purchase and refinance lending in Minnesota, compared with all lenders in the state.
Frandsen Bank & Trust originated 484 owner-occupied single-family loans in Minnesota from 506 completed applications.
Its median conventional purchase loan costs were $5,020 versus $5,100 for all Minnesota lenders, at a median 30-year fixed rate of 6.50% (Minnesota: 6.625%).
Loans in MN
484
of 506 applications
Denial rate
2.4%
Purchase · MN 5.2%
Rate spread
+0.02 pts
Conv. · MN +0.15 pts
Loan amount
$265,000
Purchase · MN $305,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 424 | 411 | 2.4% | 6.500% | +0.02 pts | $5,020 | $265,000 |
| Refinance | 54 | 50 | 7.4% | 6.500% | +0.26 pts | $4,100 | $195,000 |
| Cash-out refinance | 28 | 23 | 17.9% | — | +0.06 pts | $3,930 | $155,000 |
*Conventional loans only; medians with at least 20 loans.
Minnesota counties where Frandsen Bank & Trust ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Le Sueur County | 4 | 19 | 4.7% |
| Polk County | 4 | 18 | 5.4% |
| Brown County | 4 | 17 | 5.9% |
| Renville County | 4 | 8 | 5.4% |
| Norman County | 4 | 5 | 7.1% |
| St. Louis County | 7 | 79 | 3.3% |
| Goodhue County | 7 | 29 | 4.4% |
| Waseca County | 7 | 6 | 2.8% |
| Pine County | 8 | 11 | 3.0% |
| Blue Earth County | 9 | 16 | 2.3% |
| Carlton County | 9 | 14 | 2.8% |
| Big Stone County | 9 | 2 | 4.5% |
| Nicollet County | 12 | 10 | 2.2% |
| Kanabec County | 12 | 5 | 2.4% |
| Crow Wing County | 14 | 19 | 2.3% |
| Isanti County | 15 | 14 | 1.9% |
| Rice County | 15 | 13 | 1.6% |
| Marshall County | 15 | 2 | 2.5% |
| Cass County | 16 | 7 | 2.0% |
| Wabasha County | 16 | 5 | 1.8% |
| Dodge County | 20 | 5 | 1.6% |
| Olmsted County | 23 | 22 | 1.0% |
| Benton County | 23 | 7 | 1.3% |
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology