Lender profile · HMDA 2025

U.S. Bank, N.A.: 2025 mortgage rates, costs & approvals

How U.S. Bank, N.A. priced and approved home loans in 2025, measured against every lender in the official HMDA records.

HMDA legal name: U.S. Bank National Association · LEI 6BYL5QZYBDK8S7L73M02

In 2025, U.S. Bank, N.A. originated 36,571 home-purchase, refinance and cash-out loans on owner-occupied single-family homes in 51 states — 18th by volume among the 2,017 lenders profiled here.

On conventional 30-year fixed purchase loans its median rate was 6.50% (all lenders: 6.625%); its median rate spread was 16 basis points below the national median. Median conventional loan costs were $5,190, 7% lower than the national median ($5,570).

It denied 9.1% of completed home-purchase applications (all lenders: 8.5%).

Loans

36,571

of 41,781 applications

Denial rate

9.1%

Purchase · all 8.5%

30-yr fixed rate

6.50%

Conv. · all 6.625%

Loan costs

$5,190

Conv. · all $5,570

Loan amount

$405,000

Purchase · all $335,000

Borrower income

$150,000

Purchase · all $116,000

How U.S. Bank, N.A. priced home-purchase loans

Purchase loans, 2025	U.S. Bank, N.A.	All lenders
30-year fixed rate · conventional	6.500%	6.625%
30-year fixed rate · FHA	6.250%	6.250%
30-year fixed rate · VA	6.250%	6.125%
15-year fixed rate · conventional	5.875%	5.875%
Rate spread vs. APOR · conventional	−0.03 pts	+0.13 pts
Total loan costs · conventional	$5,190	$5,570
Total loan costs · FHA	$8,750	$11,310
Total loan costs · VA	$6,140	$6,490
Origination charges (all types)	$1,550	$1,860
Borrowers paying discount points	44.2%	51.3%
Points paid, when paid (% of loan)	0.30%	0.87%
Borrowers receiving lender credits	84.4%	33.1%

Medians shown with at least 20 loans. A lender's numbers reflect its borrowers (credit, down payment, loan size, location) as well as its pricing; HMDA has no credit scores. Rate spread = APR minus the average prime offer rate on the lock date, which removes most of the effect of when the rate was locked.

Loan mix and borrowers

By loan type

Conventional 91.7% 33,552

FHA 5.0% 1,829

VA 3.0% 1,082

USDA 0.3% 108

By purpose

Home purchase 71.9% 26,298

Refinance 19.6% 7,150

Cash-out refinance 8.5% 3,123

Home value

$525,000

Median, purchase loans

Down payment

20%

All lenders 10%

Refi rate

6.25%

30-yr fixed, conventional

Refi denial rate

10.0%

Cash-out 22.2%

Why U.S. Bank, N.A. denied purchase applications

Debt-to-income ratio 35.2% 947

Collateral (appraisal/property) 25.8% 692

Unverifiable information 14.3% 383

Credit history 10.4% 280

Other 6.8% 183

Insufficient cash (down payment/closing costs) 5.4% 146

Credit application incomplete 1.7% 47

Employment history 0.3% 8

Mortgage insurance denied 0.0% 1

First reason the lender reported for each denied home-purchase application.

Where U.S. Bank, N.A. lends

State	Loans	Applications	Purchase denial rate	30-yr rate*	Loan costs*
California	8,603	9,765	9.5%	6.500%	$7,210
Illinois	2,206	2,603	11.5%	6.625%	$5,510
Washington	1,835	2,038	8.9%	6.500%	$5,810
Minnesota	1,763	1,983	6.0%	6.625%	$4,150
Ohio	1,732	2,040	10.1%	6.500%	$3,970
Missouri	1,591	1,832	9.9%	6.625%	$3,520
Texas	1,412	1,632	8.9%	6.490%	$7,170
Wisconsin	1,412	1,599	9.0%	6.500%	$3,060
Kentucky	1,332	1,483	8.4%	6.750%	$3,780
Florida	1,206	1,421	9.4%	6.490%	$6,440
New York	955	1,081	8.5%	6.375%	$5,940
Connecticut	866	925	4.1%	6.500%	$7,440
Iowa	864	976	8.6%	6.625%	$3,070
New Jersey	797	882	5.6%	6.500%	$6,110
Tennessee	748	864	10.7%	6.625%	$4,810
Oregon	735	848	9.6%	6.500%	$5,440
North Carolina	678	802	13.5%	6.500%	$4,210
Colorado	661	772	12.1%	6.500%	$3,930
Arizona	610	708	10.4%	6.490%	$6,310
Nevada	570	672	11.6%	6.490%	$5,880
Nebraska	554	622	6.1%	6.500%	$2,890
Virginia	551	598	6.3%	6.625%	$4,680
Massachusetts	515	561	4.8%	6.500%	$5,610
Idaho	448	494	7.8%	6.375%	$6,040
Indiana	384	462	9.8%	6.625%	$2,920
Kansas	360	404	7.3%	6.625%	$2,790
Georgia	300	342	7.5%	6.500%	$5,160
Utah	276	311	7.4%	6.375%	$5,560
Arkansas	259	306	8.4%	6.625%	$3,250
Pennsylvania	258	294	8.9%	6.490%	$5,340
South Carolina	236	266	8.0%	6.490%	$4,710
Montana	227	261	10.1%	6.500%	$5,170
Maryland	195	245	10.1%	6.490%	$5,650
South Dakota	193	221	8.8%	6.500%	$3,540
Michigan	155	186	12.1%	6.625%	$3,710
Maine	136	142	3.4%	6.750%	$4,310
West Virginia	134	159	13.1%	6.500%	$3,990
North Dakota	117	139	10.9%	6.375%	$3,190
Rhode Island	115	123	2.0%	6.625%	$4,650
New Mexico	106	139	21.8%	6.375%	$4,520
Oklahoma	96	138	23.0%	6.500%	$4,460
Alabama	86	96	6.9%	6.500%	$3,620
Wyoming	77	91	10.1%	6.490%	$3,830
Louisiana	50	59	10.4%	6.490%	$4,340
New Hampshire	46	50	2.6%	6.625%	$4,120
Delaware	25	30	—	—	—
Mississippi	25	30	19.1%	—	—
District of Columbia	24	26	—	—	—
Hawaii	19	22	—	—	—
Vermont	16	22	—	—	—
Alaska	12	16	—	—	—

*Conventional home-purchase loans, medians with at least 20 loans. Linked state names open U.S. Bank, N.A.'s page for that state.

Counties where U.S. Bank, N.A. is a top lender

County	Rank	Loans	Market share
Comanche County, KS	3	1	20.0%
Portage County, WI	1	111	14.9%
Nodaway County, MO	2	27	13.4%
Alexander County, IL	2	2	13.3%
McPherson County, SD	3	2	12.5%
Cheyenne County, KS	8	1	12.5%
Catron County, NM	8	1	12.5%
Doniphan County, KS	3	12	12.4%
Brown County, SD	2	38	12.3%
Jefferson County, OH	2	70	11.7%
Graves County, KY	1	45	11.6%
Owsley County, KY	8	1	11.1%
Scioto County, OH	2	75	11.0%
Mason County, KY	1	19	10.7%
Decatur County, IA	2	8	10.0%

Check U.S. Bank, N.A. yourself

FFIEC HMDA Data Browser — the official 2025 records filed under LEI 6BYL5QZYBDK8S7L73M02.
NMLS Consumer Access — confirm the company and loan officer are licensed in your state.
CFPB Consumer Complaint Database — search complaints by company name.
Compare your Loan Estimate from U.S. Bank, N.A. with similar 2025 loans.

This is a statistical profile, not a review or recommendation. HMDA data alone cannot show whether a lender complies with fair-lending laws, and a lender's medians depend on the borrowers it serves.

Lenders of similar size

Source: FFIEC/CFPB HMDA 2025 public LAR and filer list. Core segment: owner-occupied, single-family site-built, first-lien, closed-end purchase and refinance loans. Methodology