PlainLender

Sentry Bank

ST. JOSEPH, MN

Sentry Bank processed 65 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 60 loans with a 0.0% denial rate. Home Purchase was the primary loan purpose. Based in ST. JOSEPH, MN. The approval rate of 92.3% reflects originated loans as a share of all applications.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Sentry Bank's 92.3% origination rate tells you how often an application turned into funded money; the 0.0% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (65 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.

65
Applications
60
Originated
0.0%
Denial Rate
$346,846
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 65 60 0 $346,846

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Sentry Bank (LEI: 5493009L8OBHJQW5DQ13) · 2024 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 Approval rates exclude withdrawn / incomplete applications.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 40 39 $403,250
Cash-out Refinancing 12 11 $370,000
Home Improvement 5 5 $99,000
Refinancing 4 2 $257,500
Other 4 3 $112,500

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White * 43 90.7% 0.0%
Joint * 2 100.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

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 * 45 91.1% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Nearby Lenders in MN

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

Luminate Home Loans, Inc.

Minneapolis, MN

12,756 apps 8,817 originated 2.6% denied

Trustone Financial Credit Union

PLYMOUTH, MN

7,967 apps 4,994 originated 19.9% denied

Wings Financial Credit Union

APPLE VALLEY, MN

5,854 apps 2,938 originated 17.2% denied

Affinity Plus Federal Credit Union

Saint Paul, MN

5,230 apps 3,603 originated 14.8% denied

Blaze Credit Union

FALCON HEIGHTS, MN

4,177 apps 2,311 originated 11.6% denied
Compare Sentry Bank vs Luminate Home Loans, Inc. →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Sentry Bank process?
Sentry Bank processed 65 mortgage applications in the 2024 HMDA reporting year. Of these, 60 were originated (approved and funded), 3 were withdrawn by the applicant, and 0 were denied.
What is Sentry Bank's mortgage approval rate?
Sentry Bank has an approval (origination) rate of 92.3%, meaning 92.3% of all applications resulted in a funded mortgage. The denial rate is 0.0%.
What is the average loan amount at Sentry Bank?
The average mortgage loan amount at Sentry Bank is $346,846.
What types of mortgage loans does Sentry Bank offer?
Sentry Bank processes Conventional loans. The most common type is Conventional with 65 applications and an average loan amount of $346,846.
What loan purposes does Sentry Bank serve?
Sentry Bank serves the following loan purposes: Home Purchase (40 applications), Cash-out Refinancing (12 applications), Home Improvement (5 applications), Refinancing (4 applications), Other (4 applications). Home Purchase is the most common purpose.
Where is Sentry Bank located?
Sentry Bank is headquartered in ST. JOSEPH, MN. The lender is identified by LEI 5493009L8OBHJQW5DQ13 in HMDA data.
How does Sentry Bank compare in lending across racial demographics?
Sentry Bank reports demographic lending data under HMDA requirements. White applicants have an approval rate of 90.7% and denial rate of 0.0%; Joint applicants have an approval rate of 100.0% and denial rate of 0.0%. 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.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.