Aitkin County
Minnesota · FIPS 27001
According to CFPB HMDA 2024 application volume among U.S. counties, Aitkin County ranks #1,723 of 3,223, and #42 of 87 in Minnesota.
Mortgage lending activity in Aitkin County, Minnesota based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Aitkin County, Minnesota lenders denied 94 of the applications reported here, financing the rest at an average note rate of 7.30%, with applicants self-reporting average annual income of $36K. 122 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 5.9x, meaning typical borrowers took on mortgages of about 5.9 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Aitkin County
In Aitkin County, lead originator Members Cooperative Credit Union funded only 8.5% of 449 originated loans, below the county fleet's lower tercile (~10.9% top-1 share). The top three reporters together hold 21.2% of the book, so shopping across channels still meets many active filers.
Counties With Similar Application Volume
Nationwide counties nearest to Aitkin County's 715 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Aitkin County's $213,196 average loan (deduped against volume peers).
Lenders active in Aitkin County
Members Cooperative Credit Union funded 38 of the 449 loans originated in Aitkin County, 8.5% of the county. 122 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Members Cooperative Credit Union | 38 | 8.5% |
| 2 | Deerwood Bank | 37 | 8.2% |
| 3 | Rocket Mortgage | 20 | 4.5% |
| 4 | Bremer Bank NA | 19 | 4.2% |
| 5 | Blaze Credit Union | 16 | 3.6% |
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. For Aitkin County, from the FFIEC/CFPB HMDA Snapshot National Loan-Level Dataset (2024) -- county FIPS codes follow U.S. Census Bureau standards. Not financial advice for Aitkin County borrowers. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.