NORTHVIEW BANK

FINLAYSON, MN

NORTHVIEW BANK processed 418 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 215 loans with a 18.7% denial rate. Home Purchase was the primary loan purpose. Based in FINLAYSON, MN. The approval rate of 51.4% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. NORTHVIEW BANK processed 418 HMDA-reported mortgage applications in 2024, originating 215 loans and denying 78 for a denial rate of 18.7% (applicants themselves withdrew 92 files before a decision). The average loan amount was $221,340. The lender reports under LEI 549300VJ9DGB4OZNPL63 from FINLAYSON, MN.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. NORTHVIEW BANK's 51.4% origination rate tells you how often an application turned into funded money; the 18.7% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (413 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

418
Applications
215
Originated
18.7%
Denial Rate
$221,340
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 413 215 76 $221,707
FHA 5 0 2 $191,000

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for NORTHVIEW BANK (LEI: 549300VJ9DGB4OZNPL63) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 314 170 $240,701
Other 50 19 $126,600
Cash-out Refinancing 41 21 $205,488
Home Improvement 7 3 $220,714
Refinancing 6 2 $106,667

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 357 53.2% 18.2%
Asian 6 50.0% 16.7%
Joint 6 66.7% 33.3%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 348 54.6% 17.8%
Joint 6 66.7% 16.7%
Hispanic or Latino 5 40.0% 40.0%

Nearby Lenders in MN

Other HMDA-reporting lenders in MN with similar activity. Compare any two side-by-side.

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did NORTHVIEW BANK process?
NORTHVIEW BANK processed 418 mortgage applications in the 2023 HMDA reporting year. Of these, 215 were originated (approved and funded), 92 were withdrawn by the applicant, and 78 were denied.
What is NORTHVIEW BANK's mortgage approval rate?
NORTHVIEW BANK has an approval (origination) rate of 51.4%, meaning 51.4% of all applications resulted in a funded mortgage. The denial rate is 18.7%.
What is the average loan amount at NORTHVIEW BANK?
The average mortgage loan amount at NORTHVIEW BANK is $221,340.
What types of mortgage loans does NORTHVIEW BANK offer?
NORTHVIEW BANK processes Conventional, FHA loans. The most common type is Conventional with 413 applications and an average loan amount of $221,707.
What loan purposes does NORTHVIEW BANK serve?
NORTHVIEW BANK serves the following loan purposes: Home Purchase (314 applications), Other (50 applications), Cash-out Refinancing (41 applications), Home Improvement (7 applications), Refinancing (6 applications). Home Purchase is the most common purpose.
Where is NORTHVIEW BANK located?
NORTHVIEW BANK is headquartered in FINLAYSON, MN. The lender is identified by LEI 549300VJ9DGB4OZNPL63 in HMDA data.
How does NORTHVIEW BANK compare in lending across racial demographics?
NORTHVIEW BANK reports demographic lending data under HMDA requirements. White applicants have an approval rate of 53.2% and denial rate of 18.2%; Asian applicants have an approval rate of 50.0% and denial rate of 16.7%; Joint applicants have an approval rate of 66.7% and denial rate of 33.3%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.