Lender in Minnesota · HMDA 2025
Summit Mortgage Corporation mortgages in Minnesota
Summit Mortgage Corporation's 2025 home-purchase and refinance lending in Minnesota, compared with all lenders in the state.
Summit Mortgage Corporation originated 536 owner-occupied single-family loans in Minnesota from 560 completed applications.
Its median conventional purchase loan costs were $5,570 versus $5,100 for all Minnesota lenders, at a median 30-year fixed rate of 6.875% (Minnesota: 6.625%).
Loans in MN
536
of 560 applications
Denial rate
1.8%
Purchase · MN 5.2%
Rate spread
+0.40 pts
Conv. · MN +0.15 pts
Loan amount
$295,000
Purchase · MN $305,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 502 | 489 | 1.8% | 6.875% | +0.40 pts | $5,570 | $295,000 |
| Refinance | 36 | 31 | 13.9% | 6.500% | +0.20 pts | $4,880 | $365,000 |
| Cash-out refinance | 22 | 16 | 27.3% | — | — | — | — |
*Conventional loans only; medians with at least 20 loans.
Minnesota counties where Summit Mortgage Corporation ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| McLeod County | 4 | 33 | 6.5% |
| Roseau County | 6 | 3 | 2.0% |
| Lake of the Woods County | 7 | 1 | 2.4% |
| Grant County | 9 | 2 | 2.9% |
| St. Louis County | 10 | 62 | 2.6% |
| Isanti County | 13 | 14 | 1.9% |
| Clearwater County | 17 | 1 | 1.1% |
| Meeker County | 18 | 4 | 1.4% |
| Anoka County | 19 | 67 | 1.2% |
| Sherburne County | 19 | 24 | 1.4% |
| Douglas County | 19 | 4 | 0.9% |
| Norman County | 19 | 1 | 1.4% |
| Chisago County | 23 | 9 | 1.0% |
| Watonwan County | 23 | 1 | 1.1% |
| Itasca County | 24 | 4 | 0.8% |
| Le Sueur County | 24 | 4 | 1.0% |
| Nobles County | 25 | 1 | 0.5% |
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology