MAGNIFI FINANCIAL CREDIT UNION
MAGNIFI FINANCIAL CREDIT UNION received 1,410 applications in 2025 and made 947 mortgages, in 67 counties across 9 states. The median rate its borrowers got was 6.250% on a median loan of $125,000. Of 1,168 decisions, 147 were denials — 12.6%, most often for credit history. 55 of its applications carried no county and are counted here but on no county page.
| Legal Entity Identifier | 549300LUSWY3HVRZHF54 |
|---|---|
| Applications received | 1,410 |
| Mortgages made | 947 |
| Denied | 147 |
| Approved, not taken up | 74 |
| Withdrawn or incomplete | 242 |
| Loans bought from other lenders | 0 |
| Median rate spread over the prime offer rate | -0.1625 points |
| FDIC-insured bank | This lender is not an FDIC-insured bank under this name: a mortgage company, a credit union, or a bank filing under another name. |
By loan purpose
| Purpose | Mortgages made | Median rate | Median loan | Denied |
|---|---|---|---|---|
| Home purchase | 392 | 6.250% | $225,000 | 3.2% |
| Refinancing | 184 | 6.125% | $125,000 | 17.0% |
| Cash-out refinancing | 119 | 6.375% | $105,000 | 0.8% |
| Other purposes | 252 | 5.490% | $60,000 | 25.7% |
Where MAGNIFI FINANCIAL CREDIT UNION lends most
The 50 counties where it made the most mortgages in 2025. Each county page ranks every lender there.
| County | Mortgages made | Median rate | Denied |
|---|---|---|---|
| Stearns County, MN | 355 | 6.250% | 8.2% |
| Todd County, MN | 98 | 6.125% | 13.3% |
| Morrison County, MN | 64 | 6.000% | 5.7% |
| Anoka County, MN | 40 | 6.125% | 28.3% |
| Kandiyohi County, MN | 40 | 6.188% | 13.2% |
| Hennepin County, MN | 39 | 6.375% | 17.7% |
| Otter Tail County, MN | 32 | 6.313% | 13.2% |
| Pope County, MN | 26 | 6.000% | 0.0% |
| Wright County, MN | 25 | 6.125% | 7.4% |
| Clay County, MN | 20 | 6.000% | 21.4% |
| Douglas County, MN | 20 | 5.938% | 0.0% |
| Meeker County, MN | 17 | 6.375% | 14.3% |
| Wadena County, MN | 16 | 6.125% | 5.6% |
| Benton County, MN | 14 | 6.125% | 19.1% |
| Cass County, ND | 13 | 6.250% | 7.1% |
| Sherburne County, MN | 11 | 6.125% | 7.7% |
| Ramsey County, MN | 10 | 5.813% | 20.0% |
| Isanti County, MN | 8 | Under 10 loans | 10.0% |
| Cass County, MN | 7 | Under 10 loans | 0.0% |
| Crow Wing County, MN | 7 | Under 10 loans | 0.0% |
| Becker County, MN | 6 | Under 10 loans | 33.3% |
| Mille Lacs County, MN | 4 | Under 10 loans | 20.0% |
| St. Louis County, MN | 4 | Under 10 loans | 16.7% |
| Swift County, MN | 4 | Under 10 loans | 37.5% |
| Washington County, MN | 4 | Under 10 loans | 14.3% |
| Hubbard County, MN | 3 | Under 10 loans | 0.0% |
| Stevens County, MN | 3 | Under 10 loans | 0.0% |
| Aitkin County, MN | 2 | Under 10 loans | 0.0% |
| Pennington County, MN | 2 | Under 10 loans | 0.0% |
| Renville County, MN | 2 | Under 10 loans | 0.0% |
| Traverse County, MN | 2 | Under 10 loans | 0.0% |
| St. Croix County, WI | 2 | Under 10 loans | 0.0% |
| Beltrami County, MN | 1 | Under 10 loans | 0.0% |
| Blue Earth County, MN | 1 | Under 10 loans | 0.0% |
| Carlton County, MN | 1 | Under 10 loans | 50.0% |
| Carver County, MN | 1 | Under 10 loans | 50.0% |
| Chisago County, MN | 1 | Under 10 loans | 33.3% |
| Clearwater County, MN | 1 | Under 10 loans | 0.0% |
| Dakota County, MN | 1 | Under 10 loans | 50.0% |
| Grant County, MN | 1 | Under 10 loans | 0.0% |
| Itasca County, MN | 1 | Under 10 loans | 0.0% |
| Lake County, MN | 1 | Under 10 loans | 0.0% |
| Lyon County, MN | 1 | Under 10 loans | 0.0% |
| McLeod County, MN | 1 | Under 10 loans | 50.0% |
| Martin County, MN | 1 | Under 10 loans | 0.0% |
| Nicollet County, MN | 1 | Under 10 loans | 0.0% |
| Olmsted County, MN | 1 | Under 10 loans | 50.0% |
| Pine County, MN | 1 | Under 10 loans | 50.0% |
| Polk County, MN | 1 | Under 10 loans | 0.0% |
| Redwood County, MN | 1 | Under 10 loans | 0.0% |
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When MAGNIFI FINANCIAL CREDIT UNION’s figures are published for the next year, or restated.
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Counts, medians and denial shares are computed from the Home Mortgage Disclosure Act loan-level file for 2025, published by the Consumer Financial Protection Bureau through the FFIEC: every application a covered lender received, as the lender reported it. A median rate is what borrowers got, not what you will be offered — it depends on the loan, the property, your credit and the market on the day, and no figure here is a quote. A median over fewer than 10 loans is not shown: it is a number with no meaning and a real person's rate half-exposed. Those cells say "under 10 loans" and the count is still published. This is information, not advice, and no lender pays to appear.