Think Mutual Bank
Think Mutual Bank received 1,115 applications in 2025 and made 824 mortgages, in 96 counties across 11 states. The median rate its borrowers got was 6.690% on a median loan of $105,000. Of 947 decisions, 116 were denials — 12.3%, most often for debt-to-income ratio.
| Legal Entity Identifier | 254900B9B6TYYGLOXT47 |
|---|---|
| Applications received | 1,115 |
| Mortgages made | 824 |
| Denied | 116 |
| Approved, not taken up | 7 |
| Withdrawn or incomplete | 168 |
| Loans bought from other lenders | 0 |
| Median rate spread over the prime offer rate | 0.26 points |
| FDIC-insured bank | Yes: Think Mutual Bank, 9 offices |
By loan purpose
| Purpose | Mortgages made | Median rate | Median loan | Denied |
|---|---|---|---|---|
| Home purchase | 309 | 6.375% | $335,000 | 3.4% |
| Refinancing | 123 | 6.890% | $105,000 | 10.1% |
| Cash-out refinancing | 26 | 6.188% | $260,000 | 16.1% |
| Other purposes | 366 | 7.000% | $55,000 | 18.9% |
Where Think Mutual Bank 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 |
|---|---|---|---|
| Olmsted County, MN | 398 | 6.690% | 9.6% |
| Hennepin County, MN | 75 | 6.875% | 11.6% |
| Dakota County, MN | 65 | 6.890% | 18.8% |
| Dodge County, MN | 36 | 6.690% | 7.7% |
| Ramsey County, MN | 23 | 6.690% | 0.0% |
| Goodhue County, MN | 21 | 6.890% | 25.0% |
| Wabasha County, MN | 19 | 6.890% | 0.0% |
| Washington County, MN | 15 | 7.000% | 25.0% |
| Scott County, MN | 12 | 6.890% | 20.0% |
| Cook County, IL | 10 | 6.658% | 41.2% |
| Anoka County, MN | 10 | 6.720% | 0.0% |
| Fillmore County, MN | 9 | Under 10 loans | 0.0% |
| Mower County, MN | 9 | Under 10 loans | 25.0% |
| Winona County, MN | 6 | Under 10 loans | 14.3% |
| St. Louis County, MO | 6 | Under 10 loans | 14.3% |
| Rice County, MN | 5 | Under 10 loans | 0.0% |
| Wright County, MN | 5 | Under 10 loans | 16.7% |
| Johnson County, KS | 4 | Under 10 loans | 20.0% |
| Carver County, MN | 4 | Under 10 loans | 0.0% |
| Crow Wing County, MN | 4 | Under 10 loans | 0.0% |
| La Crosse County, WI | 4 | Under 10 loans | 0.0% |
| DuPage County, IL | 3 | Under 10 loans | 57.1% |
| Blue Earth County, MN | 3 | Under 10 loans | 0.0% |
| Steele County, MN | 3 | Under 10 loans | 25.0% |
| Maricopa County, AZ | 2 | Under 10 loans | 0.0% |
| Will County, IL | 2 | Under 10 loans | 0.0% |
| Brown County, MN | 2 | Under 10 loans | 0.0% |
| Douglas County, MN | 2 | Under 10 loans | 0.0% |
| Martin County, MN | 2 | Under 10 loans | 0.0% |
| St. Louis County, MN | 2 | Under 10 loans | 0.0% |
| Sherburne County, MN | 2 | Under 10 loans | 0.0% |
| Stevens County, MN | 2 | Under 10 loans | 0.0% |
| Todd County, MN | 2 | Under 10 loans | 0.0% |
| Burnett County, WI | 2 | Under 10 loans | 0.0% |
| Chippewa County, WI | 2 | Under 10 loans | 0.0% |
| Jefferson County, WI | 2 | Under 10 loans | 0.0% |
| Kenosha County, WI | 2 | Under 10 loans | 0.0% |
| Pierce County, WI | 2 | Under 10 loans | 0.0% |
| Polk County, WI | 2 | Under 10 loans | 0.0% |
| Washington County, WI | 2 | Under 10 loans | 0.0% |
| Waukesha County, WI | 2 | Under 10 loans | 0.0% |
| Pima County, AZ | 1 | Under 10 loans | 50.0% |
| Pinal County, AZ | 1 | Under 10 loans | 0.0% |
| Charlotte County, FL | 1 | Under 10 loans | 0.0% |
| Hernando County, FL | 1 | Under 10 loans | 0.0% |
| Indian River County, FL | 1 | Under 10 loans | 0.0% |
| Lee County, FL | 1 | Under 10 loans | 0.0% |
| Marion County, FL | 1 | Under 10 loans | 0.0% |
| Sumter County, FL | 1 | Under 10 loans | 0.0% |
| Carroll County, IL | 1 | Under 10 loans | 0.0% |
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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.