Benton County MN
Mortgage Loan Application
Totals and Details
for 2011

Find mortgage statistics and lending data for the Benton County MN metro area.
With the lists below, you can explore the total number of mortgage applications and mortgage lending details for 2003-2022.
We provide overall totals and averages for each year, as well as numbers for the highest application amount and the highest applicant income.
If you live near Benton County MN, this may help give you an idea of what you might find when you begin your mortgage research. Use the mortgage lender list and statistics below to gain valuable insights.

Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 1,859
Total Mortgage Loan Application Amount $252,702,000
Average Mortgage Loan Application Amount $135,000
Highest Mortgage Loan Application Amount $6,000,000
Average Applicant Income $62,000
Highest Applicant Income $1,324,000

Mortgage Company List for Lending in Benton County MN for 2011

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,104,833,000,000 406 $ 53,775,000
LIBERTY SAVINGS BANK FSB
111 7TH AVE S
SAINT CLOUD, MN 56301
* $ 160,466,000 171 $ 24,804,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 310,099,589,000 140 $ 20,555,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,791,060,000,000 107 $ 15,359,000
BREMER BANK NA (ST CLOUD)
1100 ST GERMAIN
ST CLOUD, MN 56301
* $ 571,983,000 91 $ 10,865,000
US BK NA ND
4325 17TH AVENUE, S.W.
FARGO, ND 58103
* $ 5,955,059,000 66 $ 6,143,000
GREAT RIVER FEDERAL CREDIT UNION
1532 W ST GERMAIN STREET
ST CLOUD, MN 56301
* $ 141,314,000 59 $ 5,803,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,454,050,584,000 57 $ 8,547,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 53 $ 7,541,000
AFFINITY PLUS
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 1,303,401,000 44 $ 5,077,000
BANKVISTA
125 TWIN RIVERS CT
SARTELL, MN 56377
* $ 112,201,000 43 $ 5,939,000
FALCON NATIONAL BANK
183 CEDAR DRIVE
FOLEY, MN 56329
* $ 119,430,000 42 $ 4,994,000
COMPEER FINANCIAL, FLCA
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ 10,000,000 32 $ 5,213,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 24 $ 3,161,000
ST. CLOUD FINANCIAL
3030 1ST ST S
ST CLOUD, MN 56301
* $ 87,688,000 23 $ 2,178,000
FRANDSEN BANK & TRUST
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 997,127,000 19 $ 1,861,000
TCF NATIONAL BANK
2508 LOUISE AVE S (PCC-2E-L)
SIOUX FALLS, SD 57106
* $ 18,734,814,000 19 $ 2,364,000
WELLS FARGO FUNDING, INC
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 17 $ 2,424,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 5,285,622,000 16 $ 1,748,000
THE BUSINESS BANK
11100 WAYZATA BLVD SUITE 150
MINNETONKA, MN 55305
* $ 156,338,000 15 $ 2,106,000
CLEARPOINTE CAPITAL, LLC
N86W14041 BEACON STREET
MENOMONEE FALLS, WI 53051
* $ 10,000,000 15 $ 149,000
PHH HOME LOANS, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 15 $ 1,901,000
GMAC MORTGAGE, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 14 $ 1,802,000
ING BANK, FSB
1 SOUTH ORANGE STREET
WILMINGTON, DE 19801
* $ 91,413,704,000 13 $ 1,252,000
ALLY BANK
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 77,423,723,000 13 $ 1,756,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 12 $ 1,928,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 11 $ 1,872,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 11 $ 421,000
HOME LOAN CENTER, INC.
11115 RUSHMORE DRIVE
CHARLOTTE, NC 28277
* $ 10,000,000 9 $ 1,308,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 12,648,357,000 9 $ 1,225,000
MINNWEST BANK
300 S WASHINGTON
REDWOOD FALLS, MN 56283
* $ 527,245,000 9 $ 2,896,000
GSF MORTGAGE CORPORATION
15430 W CAPITOL DRIVE
BROOKFIELD, WI 53005
* $ 10,000,000 8 $ 1,013,000
MIDCOUNTRY BANK
7825 WASHINGTON AVE. S., STE. 120
BLOOMINGTON, MN 55439
* $ 727,106,000 8 $ 7,056,000
AMERICAN EQUITY MORTGAGE, INC.
11933 WESTLINE INDUSTRIAL DRIVE
SAINT LOUIS, MO 63146
* $ 10,000,000 8 $ 1,345,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,216,291,000,000 8 $ 1,348,000
EVERETT FINANCIAL INC.
14801 QUORUM DR SUITE 300
DALLAS, TX 75254
* $ 3,642,000 8 $ 1,524,000
MORTGAGE INVESTORS CORP
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 8 $ 1,098,000
SERVION, INC.
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ 250,000,000 7 $ 1,030,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 7 $ 1,165,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 108,971,662,000 7 $ 1,098,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 7 $ 942,000
AMERICAN HERITAGE NATIONAL BANK
24 2ND ST S
LONG PRAIRIE, MN 56347
* $ 212,735,000 7 $ 1,028,000
STEARNS BANK NATIONAL ASSOCIATION
4191 2ND ST S
ST. CLOUD, MN 56301
* $ 1,231,258,000 7 $ 809,000
FARMERS & MERCHANTS STATE BANK OF PIERZ
80 MAIN STREET N, P.O. BOX 308
PIERZ, MN 56364
* $ 168,350,000 7 $ 856,000
FIRST STATE MORTGAGE SERVICES, LLC
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 7 $ 977,000
TRUSTONE FINANCIAL FEDERAL CREDIT UNION
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ 643,133,000 6 $ 521,000
METLIFE BANK, N.A.
1555 WEST WALNUT HILL LANE, STE. 200
IRVING, TX 75038
* $ 16,490,790,000 6 $ 830,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 5 $ 780,000
SUNTRUST MORTGAGE, INC.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 162,509,568,000 5 $ 704,000
SENTRY BANK
400 4TH AVE NE
ST. JOSEPH, MN 56374
* $ 153,868,000 4 $ 300,000
PLAZA PARK STATE BANK
131 6TH AVE S - SUITE 100, PO BOX 337
WAITE PARK, MN 56387
* $ 159,596,000 4 $ 463,000
MAGNIFI FINANCIAL CREDIT UNION
1140 ELM STREET
SAINT JOSEPH, MN 56374
* $ 564,317,000 4 $ 577,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 4 $ 712,000
CHICAGO MORTGAGE SOLUTIONS LLC
9525 W BRYN MAWR AVE
ROSEMONT, IL 60018
* $ 10,000,000 4 $ 761,000
ASSOCIATED BANK, NATIONAL ASSOCIATION
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 21,813,152,000 4 $ 1,071,000
ONEMAIN FINANCIAL SERVI
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 0 4 $ 235,000
RESCUE MORTGAGE INC
10740 LYNDALE AVE S, SUITE 19E
BLOOMINGTON, MN 55420
* $ 1,507,000 3 $ 359,000
THE FIRST NATIONAL BANK OF MILACA
190 2ND AVE SW
MILACA, MN 56353
* $ 167,634,000 3 $ 202,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 3 $ 271,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 3 $ 391,000
WATERSTONE MORTGAGE CORPORATION
N25 W23255 PAUL ROAD
PEWAUKEE, WI 53072
* $ 1,603,436,000 3 $ 472,000
WOODLANDS NATIONAL BANK
122 EAST MAIN STREET P.O. BOX 190
HINCKLEY, MN 55037
* $ 125,098,000 3 $ 256,000
PINE COUNTRY BANK
1201 1ST AVENUE NE
LITTLE FALLS, MN 56345
* $ 143,481,000 3 $ 800,000
SHERBURNE STATE BANK
12500 SHERBURNE AVE
PO BOX 428, MN 55308
* $ 73,906,000 3 $ 258,000
M&I BANK FSB
W57N14280 DOERR WAY
CEDARBURG, WI 53012
* $ 1,311,970,000 3 $ 424,000
BREMER BANK, NA
372 ST. PETER STREET
ST. PAUL, MN 55102
* $ 2,856,434,000 3 $ 162,000
HOMETOWN BANK
1000 EAST COOK STREET
REDWOOD FALLS, MN 56283
* $ 177,780,000 3 $ 203,000
CITIFINANCIAL SERVICES, INC.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 2 $ 163,000
FIRST MINNESOTA BANK
4625 COUNTY ROAD 101
MINNETONKA, MN 55345
* $ 376,013,000 2 $ 315,000
CREDIT HUMAN FEDERAL CREDIT UNION
6061 IH 10 WEST
SAN ANTONIO, TX 78201
* $ 2,919,054,000 2 $ 76,000
FIRST LIBERTY FINANCIAL GROUP
9520 ORMSBY STATION RD SUITE 20
LOUISVILLE, KY 40223
* $ 1,000,000,000 2 $ 387,000
SPIRE CREDIT UNION
2025 LARPENTEUR AVE W
FALCON HEIGHTS, MN 55113
* $ 522,984,000 2 $ 231,000
HIWAY
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 828,468,000 2 $ 188,000
CALIBER FUNDING LLC
6031 CONNECTION DRIVE, SUITE 200
IRVING, TX 75039
* $ 37,112,000 2 $ 102,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 2 $ 253,000
CONSUMER LOAN SERVICES, LLC
811 MONITOR STREET
LA CROSSE, WI 54603
* $ 10,000,000 2 $ 295,000
ENVOY MORTGAGE, LTD
5100 WESTHEIMER RD, STE 320
HOUSTON, TX 77056
* $ 10,000,000 2 $ 531,000
FIRST RESIDENTIAL MORTGAGE
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 2 $ 352,000
MORTGAGES UNLIMITED INC.
7365 KIRKWOOD COURT NORTH SUITE 300
MAPLE GROVE, MN 55113
* $ 1,518,000 2 $ 196,000
SUMMIT MORTGAGE CORPORATION
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55441
* $ 10,000,000 2 $ 199,000
BANK OF THE WEST
180 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
* $ 59,517,025,000 2 $ 183,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 14,796,328,000 2 $ 156,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 12,522,585,000 2 $ 296,000
CITICORP TRUST BANK, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 11,750,980,000 2 $ 240,000
BOKF, NATIONAL ASSOCIATION
ONE WEST 3RD, 5TH FL
TULSA, OK 74103
* $ 24,055,290,000 1 $ 27,000
FIRST NATIONAL BANK OF OMAHA
1620 DODGE STREET
OMAHA, NE 68197
* $ 12,658,976,000 1 $ 173,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 44,423,207,000 1 $ 125,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 48,783,813,000 1 $ 179,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 1 $ 126,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 1 $ 207,000
CORNERSTONE HOME LENDING, INC.
1177 WEST LOOP SOUTH SUITE 200
HOUSTON, TX 77027
* $ 57,509,481,000 1 $ 196,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ 10,000,000 1 $ 186,000
MICHIGAN MUTUAL, INC.
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 1 $ 164,000
PRIMARY RESIDENTIAL MORTGAGE, INC.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 1 $ 120,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 153,341,765,000 1 $ 116,000
NYCB MORTGAGE COMPANY, LLC
1801 EAST 9TH STREET
CLEVELAND, OH 44114
* $ 75,001,000 1 $ 100,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 1 $ 135,000
AMERICAN INTERNET MORTGAGE, INC.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 1 $ 174,000
FIRST NATIONAL BANK OF LAYTON
1601 N. HILLFIELD ROAD
LAYTON, UT 84041
* $ 256,084,000 1 $ 115,000
FIRST NATL BANK OF COLD SPRING
301 MAIN STREET, P.O. BOX 416
COLD SPRING, MN 56320
* $ 83,322,000 1 $ 152,000
J.G. WENTWORTH HOME LENDING, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ 10,000,000 1 $ 274,000
THE FIRST NATIONAL BANK OF ELK RIVER
812 MAIN ST.
ELK RIVER, MN 55330
* $ 321,556,000 1 $ 50,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 1 $ 66,000
SIERRA PACIFIC MORTGAGE COMPANY, INC.
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ 10,000,000 1 $ 142,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 1 $ 125,000
MIDWEST MORTGAGE CAPITAL, LLC
12400 OLIVE BLVD
SAINT LOUIS, MO 63141
* $ 2,000,000 1 $ 147,000
FINANCE OF AMERICA REVERSE LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 1 $ 207,000
QR LENDING INC
555 ZOR SHRINE PLACE
MADISON, WI 53719
* $ 1,093,327,000 1 $ 216,000
UNITED FIDELITY FUNDING CORP.
1300 NW BRIARCLIFF PKWY SUITE 275
KANSAS CITY, MO 64150
* $ 1,000,000,000 1 $ 156,000
GREATER MINNESOTA CREDIT UNION
112 SOUTH LAKE STREET
MORA, MN 55051
* $ 153,678,000 1 $ 110,000
SUPERIOR CHOICE
1320 GRAND AVENUE
SUPERIOR, WI 54880
* $ 189,478,000 1 $ 61,000
BUILDING TRADES FEDERAL CREDIT UNION
12080 73RD AVE N
MAPLE GROVE, MN 55369
* $ 101,215,000 1 $ 18,000
MILL CITY CREDIT UNION
9999 WAYZATA BOULEVARD
MINNETONKA, MN 55305
* $ 273,029,000 1 $ 125,000
ENDURA FINANCIAL F. C. U.
820 N LILAC
MINNEAPOLIS, MN 55422
* $ 344,399,000 1 $ 169,000
ALTRA
1700 OAK FOREST DRIVE
ONALASKA, WI 54650
* $ 781,696,000 1 $ 272,000
AMERICANA COMMUNITY BANK
300 MAIN STREET WEST
SLEEPY EYE, MN 56085
* $ 159,636,000 1 $ 196,000
KLEINBANK
301 CHESTNUT ST
CHASKA, MN 55318
* $ 1,495,846,000 1 $ 135,000
MINNWEST MORTGAGE CORPORATION
5324 EAST ARROWHEAD PKY, SUITE 102
SIOUX FALLS, SD 57110
* $ 1,665,359,000 1 $ 104,000
PEOPLES BANK OF COMMERCE
1909 HIGHWAY 36 WEST
ROSEVILLE, MN 55113
* $ 311,004,000 1 $ 15,000
LAKE CENTRAL BANK
40 CHESTNUT STREET WEST
ANNANDALE, MN 55302
* $ 127,299,000 1 $ 190,000
HARVEST BANK
PO BOX 70
KIMBALL, MN 55353
* $ 75,527,000 1 $ 60,000
AFFILIATED MORTGAGE COMPANY
5700 LEGACY DRIVE STE 10
PLANO, TX 75024
* $ 212,423,000 1 $ 139,000
ACCESS NATIONAL BANK
1800 ROBERT FULTON DR
RESTON, VA 20191
* $ 830,474,000 1 $ 251,000
LIBERTY SAVINGS BANK, F.S.B.
3435 AIRBORNE RD, STE B
WILMINGTON, OH 45177
* $ 998,891,000 1 $ 177,000
AMERICAN BANK
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 555,205,000 1 $ 79,000
HOME SAVINGS OF AMERICA
35 E BROADWAY
LITTLE FALLS, MN 56345
* $ 457,501,000 1 $ 139,000
ADMIRALS BANK
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 341,542,000 1 $ 4,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 10,788,420,000 1 $ 35,000
THINK MUTUAL BANK
5200 MEMBERS PARKWAY NW
ROCHESTER, MN 55901
* $ 1,420,764,000 1 $ 149,000

The HDMA data totals below provide details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicants, loan type, the outcome of the application, and reason for denial. Each category breaks down the total number of mortgage applications and the total dollar amount for those applications. You can search and sort the totals by the average mortgage amount, the highest mortgage within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants. If you are looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

Mortgage Loan Application Detail Totals for Benton County MN in 2011

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Refinancing 1,206 $170,517,000 $141,000 $958,000 $66,000 $1,324,000
Home Purchase 588 $78,373,000 $133,000 $6,000,000 $51,000 $544,000
Home Improvement 65 $3,812,000 $58,000 $405,000 $71,000 $696,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 1,561 $206,096,000 $132,000 $958,000 $65,000 $750,000
Not applicable 147 $28,676,000 $195,000 $6,000,000 $14,000 $346,000
Not Provided 117 $13,696,000 $117,000 $648,000 $74,000 $1,324,000
Hispanic 12 $1,309,000 $109,000 $192,000 $43,000 $159,000
Asian 11 $2,095,000 $190,000 $332,000 $167,000 $400,000
Black or African American 6 $384,000 $64,000 $184,000 $28,000 $50,000
American Indian or Alaskan Native 4 $257,000 $64,000 $136,000 $37,000 $51,000
Native Hawaiian or Other Pacific Islander 1 $189,000 $189,000 $189,000 $37,000 $37,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 1,309 $177,931,000 $135,000 $6,000,000 $70,000 $1,324,000
FHA-insured (Federal Housing Administration) 359 $47,001,000 $130,000 $266,000 $44,000 $335,000
VA-guaranteed (Veterans Administration) 96 $15,418,000 $160,000 $322,000 $38,000 $161,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 95 $12,352,000 $130,000 $298,000 $41,000 $83,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 1,043 $136,023,000 $130,000 $648,000 $67,000 $1,324,000
Loan Purchased By The Institution 280 $38,435,000 $137,000 $332,000 $40,000 $400,000
Application Denied By Financial Institution 273 $36,364,000 $133,000 $958,000 $64,000 $512,000
Application Withdrawn By Applicant 147 $26,888,000 $182,000 $6,000,000 $62,000 $519,000
Application Approved But Not Accepted 77 $9,887,000 $128,000 $306,000 $62,000 $544,000
File Closed For Incompleteness 39 $5,105,000 $130,000 $266,000 $62,000 $124,000
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Credit History 75 $7,474,000 $99,000 $403,000 $53,000 $400,000
Collateral 63 $10,060,000 $159,000 $958,000 $92,000 $512,000
Debt-To-Income Ratio 54 $7,596,000 $140,000 $450,000 $50,000 $196,000
Other 24 $3,106,000 $129,000 $271,000 $60,000 $126,000
Credit Application Incomplete 11 $1,433,000 $130,000 $200,000 $44,000 $161,000
Unverifiable Information 6 $959,000 $159,000 $266,000 $66,000 $113,000
Employment History 3 $293,000 $97,000 $154,000 $42,000 $49,000
Insufficient Cash (Downpayment, Closing Cost) 3 $388,000 $129,000 $176,000 $25,000 $53,000
Mortgage Insurance Denied 1 $180,000 $180,000 $180,000 $45,000 $45,000

We hope these details for mortgage applications and lending statistics will give you a better idea of what to expect when applying for a mortgage. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. With this info, you know what to look for as you look for the best home mortgages available to you - no surprises later on down the line. These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender.

If you prefer, you can download a copy of the entire list of mortgage lenders in Minnesota, and search similar information back through 2003.

Download the Minnesota Lender List