Brown County MN
Mortgage Loan Application
Totals and Details
for 2022
Find mortgage statistics and lending data for the Brown 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 Brown 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 | 712 |
| Total Mortgage Loan Application Amount | $119,180,000 |
| Average Mortgage Loan Application Amount | $167,000 |
| Highest Mortgage Loan Application Amount | $6,205,000 |
| Average Applicant Income | $80,000 |
| Highest Applicant Income | $1,198,000 |
* 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 |
|---|---|---|---|---|
| SOUTHPOINT FINANCIAL 924 MAIN STREET E SLEEPY EYE, MN 56085 |
* | $ 508,641,000 | 142 | $ 19,190,000 |
| CITIZENS BANK MINNESOTA 105 NORTH MINNESOTA STREET NEW ULM, MN 56073 |
* | $ 586,804,000 | 53 | $ 7,455,000 |
| FRANDSEN BANK & TRUST 116 CENTRAL STREET WEST LONSDALE, MN 55046 |
* | $ 2,730,710,000 | 51 | $ 7,215,000 |
| BANK MIDWEST 1525 18TH STREET SUITE 100 SPIRIT LAKE, IA 51360 |
* | $ 1,234,147,000 | 45 | $ 7,555,000 |
| GUARANTEED RATE, INC. 3940 NORTH RAVENSWOOD AVE CHICAGO, IL 60613 |
* | $ -1,000 | 29 | $ 3,615,000 |
| U.S. BANK NATIONAL ASSOCIATION 425 WALNUT STREET CINCINNATI, OH 45202 |
* | $ 564,154,604,000 | 28 | $ 4,070,000 |
| ALLIANCE BANK 105 EAST LYON AVE LAKE CITY, MN 55041 |
* | $ 781,244,000 | 27 | $ 3,095,000 |
| UNITED SHORE FINANCIAL SERVICES, LLC 1414 EAST MAPLE ROAD TROY, MI 48083 |
* | $ -1,000 | 22 | $ 3,710,000 |
| PENNYMAC LOAN SERVICES, LLC 3043 TOWNSGATE ROAD WESTLAKE VILLAGE, CA 91361 |
* | $ -1,000 | 17 | $ 3,305,000 |
| MORTGAGE RESEARCH CENTER, LLC 1400 VETERANS UNITED DR. COLUMBIA, MO 65203 |
* | $ -1,000 | 17 | $ 3,685,000 |
| WELLS FARGO BANK, NATIONAL ASSOCIATION 100 N MAIN STREET MAC D4001-042 WINSTON-SALEM, NC 27150 |
* | $ 1,779,504,000,000 | 14 | $ 2,280,000 |
| PROSPERITY HOME MORTGAGE, LLC 14501 GEORGE CARTER WAY SUITE 300 CHANTILLY, VA 20151 |
* | $ -1,000 | 10 | $ 1,550,000 |
| AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE ATLANTA, GA 30305 |
* | $ -1,000 | 9 | $ 1,645,000 |
| NEWREZ LLC 4000 CHEMICAL ROAD SUITE 200 PLYMOUTH MEETING, PA 19462 |
* | $ -1,000 | 9 | $ 1,395,000 |
| CROSSCOUNTRY MORTGAGE, INC. 6850 MILLER RD BRECKSVILLE, OH 44141 |
* | $ -1,000 | 8 | $ 1,560,000 |
| PLAINS COMMERCE BANK 220 MAIN ST HOVEN, SD 57450 |
* | $ 1,046,473,000 | 8 | $ 2,250,000 |
| LOANDEPOT.COM, LLC 26642 TOWNE CENTRE DRIVE FOOTHILL RANCH, CA 92610 |
* | $ -1,000 | 8 | $ 1,630,000 |
| COMPEER FINANCIAL, FLCA 2600 JENNY WREN TRAIL SUN PRAIRIE, WI 53590 |
* | $ -1,000 | 7 | $ 2,265,000 |
| BROKER SOLUTIONS, INC. 14511 MYFORD ROAD, SUITE 100 TUSTIN, CA 92780 |
* | $ -1,000 | 6 | $ 1,030,000 |
| 21ST MORTGAGE CORPORATION 620 MARKET ST SUITE 100 KNOXVILLE, TN 37902 |
* | $ -1,000 | 6 | $ 150,000 |
| MINNESOTA VALLEY FEDERAL CREDIT UNION 1640 ADAMS ST MANKATO, MN 56001 |
* | $ 257,449,000 | 6 | $ 630,000 |
| FLAGSTAR BANK, FSB 5151 CORPORATE DRIVE TROY, MI 48098 |
* | $ 16,855,693,000 | 5 | $ 745,000 |
| AMERIHOME MORTGAGE COMPANY, LLC 21215 BURBANK BLVD, SUITE 400 WOODLAND HILLS, CA 91367 |
* | $ -1,000 | 5 | $ 735,000 |
| CARRINGTON MORTGAGE SERVICES, LLC 1600 SO. DOUGLASS RD, SUITES 110 & 200A ANAHEIM, CA 92806 |
* | $ -1,000 | 5 | $ 645,000 |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4801 S. BILTMORE LANE MADISON, WI 53718 |
* | $ -1,000 | 5 | $ 1,075,000 |
| HOMETOWN BANK 1000 EAST COOK STREET REDWOOD FALLS, MN 56283 |
* | $ 523,774,000 | 4 | $ 470,000 |
| FREEDOM MORTGAGE CORPORATION 10500 KINCAID DRIVE FISHERS, IN 46037 |
* | $ -1,000 | 4 | $ 470,000 |
| WINGS FINANCIAL 14985 GLAZIER AVENUE APPLE VALLEY, MN 55124 |
* | $ 7,846,662,000 | 4 | $ 760,000 |
| CITIZENS COMMUNITY FEDERAL NATIONAL ASSOCIATION 219 FAIRFAX STREET ALTOONA, WI 54720 |
* | $ 1,739,119,000 | 4 | $ 530,000 |
| EVERETT FINANCIAL, INC. 14801 QUORUM DRIVE, SUITE 300 DALLAS, TX 75254 |
* | $ -1,000 | 4 | $ 580,000 |
| BMO HARRIS BANK NATIONAL ASSOCIATION 111 W. MONROE CHICAGO, IL 60603 |
* | $ 166,652,719,000 | 4 | $ 300,000 |
| NAVY FEDERAL CREDIT UNION 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 153,432,983,000 | 3 | $ 355,000 |
| NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ -1,000 | 3 | $ 515,000 |
| DISCOVER BANK 12 READS WAY NEW CASTLE, DE 19720 |
* | $ 108,342,526,000 | 3 | $ 325,000 |
| THE HUNTINGTON NATIONAL BANK 7 EASTON OVAL EA5C242 COLUMBUS, OH 43219 |
* | $ 173,414,362,000 | 3 | $ 335,000 |
| GOLDWATER BANK, N.A. 2525 EAST CAMELBACK ROAD SUITE 1100 PHOENIX, AZ 85016 |
* | $ 348,453,000 | 3 | $ 305,000 |
| MERCHANTS BANK, NATIONAL ASSOCIATION 102 EAST THIRD STREET WINONA, MN 55987 |
* | $ 2,820,664,000 | 3 | $ 265,000 |
| MINNWEST BANK 300 S WASHINGTON REDWOOD FALLS, MN 56283 |
* | $ 2,704,195,000 | 3 | $ 765,000 |
| NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ -1,000 | 3 | $ 445,000 |
| AFFINITY PLUS 175 WEST LAFAYETTE FRONTAGE ROAD SAINT PAUL, MN 55107 |
* | $ 3,746,301,000 | 3 | $ 315,000 |
| TRUSTONE FINANCIAL FEDERAL CREDIT UNION 14601 27TH AVENUE NORTH PLYMOUTH, MN 55447 |
* | $ 3,979,767,000 | 3 | $ 585,000 |
| IOWA BANKERS MORTGAGE CORPORATION 8800 NW 62ND AVE JOHNSTON, IA 50131 |
* | $ -1,000 | 3 | $ 265,000 |
| MINNSTAR BANK NATIONAL ASSOCIATION 202 N MAIN ST LAKE CRYSTAL, MN 56055 |
* | $ 170,474,000 | 3 | $ 565,000 |
| PLANET HOME LENDING, LLC 321 RESEARCH PARKWAY STE 300 MERIDEN, CT 06540 |
* | $ -1,000 | 2 | $ 420,000 |
| SPIRE CREDIT UNION 2025 LARPENTEUR AVE W FALCON HEIGHTS, MN 55113 |
* | $ 1,948,614,000 | 2 | $ 50,000 |
| HOMEOWNERS FINANCIAL GROUP USA, LLC 16427 N. SCOTTSDALE ROAD, SUITE 145 SCOTTSDALE, AZ 85264 |
* | $ -1,000 | 2 | $ 100,000 |
| HOME FEDERAL SAVINGS BANK 1016 CIVIC CENTER DR NW ROCHESTER, MN 55901 |
* | $ 1,068,836,000 | 2 | $ 180,000 |
| SIRVA MORTGAGE, INC. 6200 OAK TREE BLVD STE 300 INDEPENDENCE, OH 44131 |
* | $ -1,000 | 2 | $ 420,000 |
| BAY EQUITY LLC 28 LIBERTY SHIPWAY SUITE 2800 SAUSALITO, CA 94965 |
* | $ -1,000 | 2 | $ 360,000 |
| CALIBER HOME LOANS, INC. 1525 S. BELTLINE ROAD COPPELL, TX 75019 |
* | $ -1,000 | 2 | $ 320,000 |
| LAKEVIEW LOAN SERVICING, LLC 4425 PONCE DE LEON BLVD. CORAL GABLES, FL 33146 |
* | $ -1,000 | 2 | $ 300,000 |
| FIGURE LENDING LLC 15720 BRIXHAM HILL AVE, SUITE 300 CHARLOTTE, NC 28277 |
* | $ -1,000 | 2 | $ 50,000 |
| TRUIST BANK 3100 SMOKETREE CT FL 5 RALEIGH, NC 27604 |
* | $ 528,514,000,000 | 2 | $ 580,000 |
| PRIMELENDING, A PLAINSCAPITAL COMPANY 18111 PRESTON ROAD SUITE 900 DALLAS, TX 75252 |
* | $ -1,000 | 2 | $ 340,000 |
| BETTER MORTGAGE CORPORATION 459 BROADWAY, FLOOR 5 NEW YORK, NY 10013 |
* | $ -1,000 | 2 | $ 350,000 |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 3,306,982,000,000 | 2 | $ 270,000 |
| LOW VA RATES, LLC 384 SOUTH 400 WEST, #100 LINDON, UT 84042 |
* | $ -1,000 | 2 | $ 450,000 |
| OLD NATIONAL BANK ONE MAIN STREET EVANSVILLE, IN 47708 |
* | $ 24,354,109,000 | 2 | $ 240,000 |
| LEND SMART MORTGAGE, LLC 3450 LEXINGTON AVE N SHOREVIEW, MN 55126 |
* | $ -1,000 | 2 | $ 220,000 |
| MIDFIRST BANK 501 NW GRAND BLVD OKLAHOMA CITY, OK 73118 |
* | $ 32,127,026,000 | 2 | $ 240,000 |
| ENVOY MORTGAGE, LTD 5100 WESTHEIMER RD, STE 320 HOUSTON, TX 77056 |
* | $ -1,000 | 2 | $ 210,000 |
| CAMBRIA FINANCIAL GROUP, LLC 11000 W 78TH STREET, SUITE 300 EDEN PRAIRIE, MN 55344 |
* | $ -1,000 | 2 | $ 140,000 |
| AMERICAN FINANCING CORPORATION 3045 S PARKER RD BUILDING B AURORA, CO 80014 |
* | $ -1,000 | 2 | $ 430,000 |
| SERVION, INC. 500 MAIN STREET NEW BRIGHTON, MN 55112 |
* | $ -1,000 | 2 | $ 380,000 |
| BARRINGTON BANK & TRUST COMPANY, N.A. 201 S. HOUGH STREET BARRINGTON, IL 60010 |
* | $ 3,348,940,000 | 2 | $ 230,000 |
| CAPITAL ONE, NATIONAL ASSOCIATION 7933 PRESTON ROAD PLANO, TX 75024 |
* | $ 381,299,804,000 | 1 | $ 3,075,000 |
| BELL BANK 3100 13TH AVE S FARGO, ND 58103 |
* | $ 9,729,918,000 | 1 | $ 185,000 |
| FIRST INTERNATIONAL BANK & TRUST 1600 S BDWAY MINOT, ND 58701 |
* | $ 4,710,410,000 | 1 | $ 55,000 |
| HIWAY 111 EMPIRE DRIVE SAINT PAUL, MN 55103 |
* | $ 1,671,091,000 | 1 | $ 35,000 |
| GATEWAY FIRST BANK 244 SOUTH GATEWAY PLACE JENKS, OK 74037 |
* | $ 1,879,005,000 | 1 | $ 35,000 |
| FIRST BANK & TRUST 520 6TH STREET BROOKINGS, SD 57006 |
* | $ 4,059,403,000 | 1 | $ 165,000 |
| BAXTER CREDIT UNION 340 N MILWAUKEE AVE VERNON HILLS, IL 60061 |
* | $ 5,072,223,000 | 1 | $ 35,000 |
| LOWER, LLC 5950 SYMPHONY WOODS DRIVE COLUMBIA, MD 21044 |
* | $ -1,000 | 1 | $ 115,000 |
| VILLAGE CAPITAL & INVESTMENT LLC 2863 ST. ROSE PARKWAY HENDERSON, NV 89052 |
* | $ -1,000 | 1 | $ 145,000 |
| NATIONS RELIABLE LENDING, LLC 2506 W MAIN STREET HOUSTON, TX 77056 |
* | $ -1,000 | 1 | $ 165,000 |
| NORTH SHORE BANK OF COMMERCE 131 WEST SUPERIOR STREET DULUTH, MN 55802 |
* | $ 410,662,000 | 1 | $ 125,000 |
| FIFTH THIRD BANK, NATIONAL ASSOCIATION 38 FOUNTAIN SQUARE MD1090K1 CINCINNATI, OH 45263 |
* | $ 209,696,785,000 | 1 | $ 185,000 |
| MISSION LOANS, LLC 5686 DRESSLER ROAD, NW NORTH CANTON, OH 44720 |
* | $ -1,000 | 1 | $ 105,000 |
| HERITAGE BANK NATIONAL ASSOCIATION 100 SOUTH STREET W SPICER, MN 56288 |
* | $ 467,757,000 | 1 | $ 265,000 |
| NETWORK CAPITAL FUNDING CORPORATION 5 PARK PLAZA #800 IRVINE, CA 92614 |
* | $ -1,000 | 1 | $ 65,000 |
| PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MT LAUREL, NJ 08054 |
* | $ -1,000 | 1 | $ 155,000 |
| ALLY BANK 2101, 300 EAST REXFORD RD CHARLOTTE, NC 28211 |
* | $ 172,820,000,000 | 1 | $ 175,000 |
| CONSUMER REAL ESTATE FINANCE CO. 330 SW 2ND ST #111 FORT LAUDERDALE, FL 33312 |
* | $ -1,000 | 1 | $ 185,000 |
| PIONEER BANK & TRUST 125 E COLORADO BLVD STE 1A SPEARFISH, SD 57783 |
* | $ 1,007,803,000 | 1 | $ 65,000 |
| COLONIAL SAVINGS, F.A. P O BOX 2988 FORT WORTH, TX 76113 |
* | $ 1,089,286,000 | 1 | $ 115,000 |
| EQUITY PRIME MORTGAGE LLC 5 CONCOURSE PKWY, STE 2250 ATLANTA, GA 30328 |
* | $ -1,000 | 1 | $ 185,000 |
| PRESIDENTIAL BANK, FSB 4600 EAST WEST HIGHWAY, SUITE 400 BETHESDA, MD 20814 |
* | $ 887,431,000 | 1 | $ 205,000 |
| MUTUAL OF OMAHA MORTGAGE, INC 3131 CAMINO DEL RIO N 190 SAN DIEGO, CA 92108 |
* | $ -1,000 | 1 | $ 175,000 |
| PINNACLE BANK 150 3RD AVE SOUTH NASHVILLE, TN 37201 |
* | $ 38,275,134,000 | 1 | $ 215,000 |
| BANKVISTA 125 TWIN RIVERS CT SARTELL, MN 56377 |
* | $ 471,597,000 | 1 | $ 415,000 |
| WESTSTAR MORTGAGE CORPORATION 6363 NORTH STATE HIGHWAY 161 IRVING, TX 75038 |
* | $ -1,000 | 1 | $ 65,000 |
| THINK MUTUAL BANK 5200 MEMBERS PARKWAY NW ROCHESTER, MN 55901 |
* | $ 2,224,529,000 | 1 | $ 35,000 |
| PLAZA HOME MORTGAGE, INC. 4820 EASTGATE MALL, STE 100 SAN DIEGO, CA 92121 |
* | $ -1,000 | 1 | $ 125,000 |
| FIRST GUARANTY MORTGAGE CORPORATION 1900 GALLOWS ROAD, SUITE 800 TYSONS CORNER, VA 22182 |
* | $ -1,000 | 1 | $ 135,000 |
| BLACK HILLS FEDERAL CREDIT UNION PO BOX 1420-225 MAIN ST RAPID CITY, SD 57709 |
* | $ 1,952,365,000 | 1 | $ 165,000 |
| PARAMOUNT RESIDENTIAL MORTGAGE GROUP, INC. 1265 CORONA POINTE CT SUITE 301 CORONA, CA 92879 |
* | $ -1,000 | 1 | $ 125,000 |
| SENTRY BANK 400 4TH AVE NE ST. JOSEPH, MN 56374 |
* | $ 292,102,000 | 1 | $ 3,605,000 |
| LIBERTY HOME MORTGAGE CORPORATION 4401 ROCKSIDE RD 310 INDEPENDENCE, OH 44131 |
* | $ -1,000 | 1 | $ 105,000 |
| BANK OF AMERICA, NATIONAL ASSOCIATION 31303 AGOURA RD CA6-917-01-20 WESTLAKE VILLAGE, CA 91361 |
* | $ 2,519,525,000,000 | 1 | $ 55,000 |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION 582 OAKWOOD AVE LAKE FOREST, IL 60045 |
* | $ -1,000 | 1 | $ 215,000 |
| SUMMIT MORTGAGE CORPORATION 13355 10TH AVE N, SUITE 100 PLYMOUTH, MN 55441 |
* | $ -1,000 | 1 | $ 135,000 |
| REGIONS BANK 1900 5TH AVENUE N BIRMINGHAM, AL 35203 |
* | $ 162,193,000,000 | 1 | $ 65,000 |
| MILEND, INC. 375 NORTHRIDGE RD, SUITE 600 ATLANTA, GA 30350 |
* | $ -1,000 | 1 | $ 175,000 |
| AMERICAN HERITAGE NATIONAL BANK 24 2ND ST S LONG PRAIRIE, MN 56347 |
* | $ 549,579,000 | 1 | $ 6,205,000 |
| PEOPLES STATE BANK OF PLAINVIEW 100 4TH AVE SE PLAINVIEW, MN 55964 |
* | $ 341,590,000 | 1 | $ 225,000 |
| BREMER BANK, NATIONAL ASSOCIATION 372 ST. PETER STREET ST. PAUL, MN 55102 |
* | $ 16,499,164,000 | 1 | $ 15,000 |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 700 EAST GATE DRIVE, SUITE 400 MT. LAUREL, NJ 08054 |
* | $ -1,000 | 1 | $ 365,000 |
| AXIA FINANCIAL, LLC 1120 112TH AVE NE STE 600 BELLEVUE, WA 98004 |
* | $ -1,000 | 1 | $ 145,000 |
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 Brown County MN in 2022
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 |
|---|---|---|---|---|---|---|
| Home Purchase | 435 | $83,805,000 | $192,000 | $6,205,000 | $83,000 | $1,198,000 |
| Refinancing | 113 | $15,775,000 | $139,000 | $505,000 | $67,000 | $197,000 |
| Cash-out Refinancing | 107 | $15,965,000 | $149,000 | $545,000 | $78,000 | $328,000 |
| Home Improvement | 32 | $1,530,000 | $47,000 | $235,000 | $91,000 | $308,000 |
| Other Purpose | 23 | $1,865,000 | $81,000 | $375,000 | $96,000 | $555,000 |
| Not Applicable | 2 | $240,000 | $120,000 | $165,000 | $0 | $0 |
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 | 557 | $82,275,000 | $147,000 | $805,000 | $82,000 | $1,198,000 |
| Not applicable | 71 | $24,415,000 | $343,000 | $6,205,000 | $107,000 | $157,000 |
| Not Provided | 45 | $7,825,000 | $173,000 | $345,000 | $80,000 | $182,000 |
| Hispanic | 25 | $2,945,000 | $117,000 | $245,000 | $69,000 | $325,000 |
| American Indian or Alaskan Native | 5 | $745,000 | $149,000 | $205,000 | $45,000 | $75,000 |
| Black or African American | 5 | $415,000 | $83,000 | $145,000 | $37,000 | $48,000 |
| Asian | 2 | $300,000 | $150,000 | $185,000 | $72,000 | $92,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $135,000 | $135,000 | $135,000 | $80,000 | $80,000 |
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) | 555 | $92,815,000 | $167,000 | $6,205,000 | $83,000 | $1,198,000 |
| FHA-insured (Federal Housing Administration) | 96 | $14,760,000 | $153,000 | $395,000 | $63,000 | $190,000 |
| VA-guaranteed (Veterans Administration) | 51 | $10,085,000 | $197,000 | $355,000 | $76,000 | $218,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 10 | $1,520,000 | $152,000 | $185,000 | $59,000 | $98,000 |
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 | 495 | $86,325,000 | $174,000 | $6,205,000 | $84,000 | $1,198,000 |
| Application Denied By Financial Institution | 64 | $7,350,000 | $114,000 | $355,000 | $62,000 | $147,000 |
| Loan Purchased By The Institution | 58 | $9,860,000 | $170,000 | $445,000 | $88,000 | $157,000 |
| Application Withdrawn By Applicant | 52 | $8,930,000 | $171,000 | $805,000 | $78,000 | $286,000 |
| Application Approved But Not Accepted | 20 | $4,100,000 | $205,000 | $505,000 | $83,000 | $140,000 |
| File Closed For Incompleteness | 14 | $1,710,000 | $122,000 | $325,000 | $66,000 | $130,000 |
| Preapproval Approved but not Accepted | 8 | $840,000 | $105,000 | $195,000 | $53,000 | $99,000 |
| Preapproval Denied by Financial Institution | 1 | $65,000 | $65,000 | $65,000 | $36,000 | $36,000 |
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 |
|---|---|---|---|---|---|---|
| Not applicable | 497 | $88,445,000 | $177,000 | $6,205,000 | $84,000 | $1,198,000 |
| Debt-To-Income Ratio | 165 | $25,105,000 | $152,000 | $3,605,000 | $77,000 | $308,000 |
| Credit History | 22 | $2,160,000 | $98,000 | $225,000 | $63,000 | $147,000 |
| Collateral | 7 | $765,000 | $109,000 | $155,000 | $75,000 | $140,000 |
| Other | 7 | $575,000 | $82,000 | $265,000 | $54,000 | $95,000 |
| Unverifiable Information | 5 | $765,000 | $153,000 | $355,000 | $57,000 | $105,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 4 | $690,000 | $172,000 | $255,000 | $80,000 | $122,000 |
| Credit Application Incomplete | 3 | $325,000 | $108,000 | $155,000 | $79,000 | $113,000 |
| Employment History | 2 | $350,000 | $175,000 | $185,000 | $53,000 | $73,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
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.