Find mortgage statistics and lending data for the Freeborn 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 Freeborn 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 | 1,114 |
Total Mortgage Loan Application Amount | $124,044,000 |
Average Mortgage Loan Application Amount | $111,000 |
Highest Mortgage Loan Application Amount | $990,000 |
Average Applicant Income | $67,000 |
Highest Applicant Income | $1,972,000 |
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 |
* | $ 1,266,125,000,000 | 243 | $ 24,781,000 |
WELLS FEDERAL BANK 53 1ST ST SW WELLS, MN 56097 |
* | $ 244,210,000 | 154 | $ 16,280,000 |
U.S. BANK NATIONAL ASSOCIATION 425 WALNUT STREET CINCINNATI, OH 45202 |
* | $ 345,088,616,000 | 104 | $ 12,591,000 |
HOME FEDERAL SAVINGS BANK 1016 CIVIC CENTER DR NW ROCHESTER, MN 55901 |
* | $ 653,019,000 | 93 | $ 7,726,000 |
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 1,896,773,000,000 | 71 | $ 6,614,000 |
COMPEER FINANCIAL, FLCA 2600 JENNY WREN TRAIL SUN PRAIRIE, WI 53590 |
* | $ 10,000,000 | 36 | $ 6,720,000 |
CITIBANK, NATIONAL ASSOCIATION 1 COURT SQUARE,43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 1,313,401,000,000 | 27 | $ 2,584,000 |
PRIMELENDING, A PLAINSCAPITAL COMPANY 18111 PRESTON ROAD SUITE 900 DALLAS, TX 75252 |
* | $ 6,680,971,000 | 25 | $ 2,773,000 |
MANUFACTURERS BANK & TRUST COMPANY 245 EAST J ST, PO BOX 450 FOREST CITY, IA 50436 |
* | $ 286,363,000 | 25 | $ 2,369,000 |
CITIMORTGAGE, INC. 1 COURT SQUARE, 43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 1,019,497,000,000 | 18 | $ 1,629,000 |
NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ 10,000,000 | 17 | $ 1,912,000 |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4801 S. BILTMORE LANE MADISON, WI 53718 |
* | $ 10,000,000 | 17 | $ 2,094,000 |
EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ 10,000,000 | 15 | $ 1,648,000 |
LOANDEPOT.COM, LLC 26642 TOWNE CENTRE DRIVE FOOTHILL RANCH, CA 92610 |
* | $ 138,031,000 | 12 | $ 1,609,000 |
CONSUMER LOAN SERVICES, LLC 811 MONITOR STREET LA CROSSE, WI 54603 |
* | $ 10,000,000 | 12 | $ 1,052,000 |
MERCHANTS BANK, NATIONAL ASSOCIATION 102 EAST THIRD STREET WINONA, MN 55987 |
* | $ 1,281,268,000 | 11 | $ 1,527,000 |
BANK OF AMERICA, NATIONAL ASSOCIATION 31303 AGOURA RD CA6-917-01-20 WESTLAKE VILLAGE, CA 91361 |
* | $ 1,474,077,383,000 | 10 | $ 1,002,000 |
TRUHOME SOLUTIONS, L.L.C. 9601 LEGLER RD LENEXA, KS 66219 |
* | $ 1,900,000,000 | 9 | $ 929,000 |
FIRST STATE MORTGAGE SERVICES, LLC 502 N HERSHEY ROAD BLOOMINGTON, IL 61704 |
* | $ 327,995,000 | 8 | $ 764,000 |
AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE ATLANTA, GA 30305 |
* | $ 8,994,122,000 | 7 | $ 652,000 |
BARRINGTON BANK & TRUST COMPANY, N.A. 201 S. HOUGH STREET BARRINGTON, IL 60010 |
* | $ 1,460,729,000 | 6 | $ 1,076,000 |
BELL BANK 3100 13TH AVE S FARGO, ND 58103 |
* | $ 2,608,821,000 | 6 | $ 733,000 |
DISCOVER HOME LOANS, INC. 173 TECHNOLOGY DRIVE IRVINE, CA 92618 |
* | $ 73,491,315,000 | 6 | $ 1,098,000 |
COMMERCE BANK 101 CENTRAL AVE SOUTH GENEVA, MN 56035 |
* | $ 168,629,000 | 5 | $ 246,000 |
GFS CAPITAL 6499 HAVENWOOD CIRCLE HUNTINGTON BEACH, CA 92648 |
* | $ 10,000,000 | 4 | $ 360,000 |
AFFINITY PLUS 175 WEST LAFAYETTE FRONTAGE ROAD SAINT PAUL, MN 55107 |
* | $ 1,603,153,000 | 4 | $ 311,000 |
SERVION, INC. 500 MAIN STREET NEW BRIGHTON, MN 55112 |
* | $ 250,000,000 | 4 | $ 485,000 |
FIFTH THIRD MORTGAGE COMPANY 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ 119,444,656,000 | 4 | $ 460,000 |
LUMINATE HOME LOANS 7760 FRANCE AVE S, STE 1010 BLOOMINGTON, MN 55435 |
* | $ 4,028,990,000 | 4 | $ 560,000 |
PNC BANK, NATIONAL ASSOCIATION 249 FIFTH AVE. MS P1-POPP-22-2 PITTSBURGH, PA 15222 |
* | $ 295,026,390,000 | 3 | $ 260,000 |
AMERICAN EQUITY MORTGAGE, INC. 11933 WESTLINE INDUSTRIAL DRIVE SAINT LOUIS, MO 63146 |
* | $ 10,000,000 | 3 | $ 256,000 |
SUNTRUST MORTGAGE, INC. 901 SEMMES AVENUE RICHMOND, VA 23224 |
* | $ 169,076,807,000 | 3 | $ 224,000 |
STATE FARM BANK, F.S.B. 1 STATE FARM PLAZA E-6 BLOOMINGTON, IL 61710 |
* | $ 14,247,622,000 | 3 | $ 496,000 |
TIAA, FSB 501 RIVERSIDE AVENUE JACKSONVILLE, FL 32202 |
* | $ 18,212,833,000 | 3 | $ 332,000 |
NATIONWIDE ADVANTAGE MORTGAGE 1100 LOCUST ST DES MOINES, IA 50391 |
* | $ 31,000,000 | 3 | $ 247,000 |
FIRST FEDERAL BANK 4705 US HWY 90 W LAKE CITY, FL 32055 |
* | $ 949,559,000 | 3 | $ 462,000 |
LIBERTY SAVINGS BANK, F.S.B. 3435 AIRBORNE RD, STE B WILMINGTON, OH 45177 |
* | $ 552,370,000 | 3 | $ 329,000 |
BREMER BANK NA (WILLMAR) 302 FIFTH ST SW WILLMAR, MN 56201 |
* | $ 649,160,000 | 3 | $ 490,000 |
FREEDOM MORTGAGE CORPORATION 10500 KINCAID DRIVE FISHERS, IN 46037 |
* | $ 10,000,000 | 3 | $ 362,000 |
NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ 4,088,336,000 | 2 | $ 458,000 |
PHH HOME LOANS, LLC 1 MORTGAGE WAY 2ND FLOOR MT LAUREL, NJ 08054 |
* | $ 4,597,939,000 | 2 | $ 200,000 |
AMERICAN ADVISORS GROUP 3800 W.CHAPMAN SUITE 300 ORANGE, CA 92868 |
* | $ 100,247,000 | 2 | $ 180,000 |
PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MT LAUREL, NJ 08054 |
* | $ 31,000,000 | 2 | $ 195,000 |
PROFICIO BANK 6985 UNION PARK CENTER, SUITE 150 COTTONWOOD HEIGHTS, UT 84047 |
* | $ 209,365,000 | 2 | $ 242,000 |
BANK OF ENGLAND PO BOX 70 ENGLAND, AR 72046 |
* | $ 270,671,000 | 2 | $ 197,000 |
AMERICAN AIRLINES FEDERAL CREDIT UNION 4151 AMON CARTER BLVD FT WORTH, TX 76155 |
* | $ 5,678,270,000 | 2 | $ 118,000 |
EASTWOOD BANK 5125 HWY 52 N ROCHESTER, MN 55901 |
* | $ 574,497,000 | 2 | $ 589,000 |
MIDFIRST BANK 501 NW GRAND BLVD OKLAHOMA CITY, OK 73118 |
* | $ 9,864,946,000 | 2 | $ 76,000 |
FRANKLIN AMERICAN MORTGAGE COMPANY 6100 TOWER CIRCLE SUITE 600 FRANKLIN, TN 37067 |
* | $ 10,000,000 | 2 | $ 311,000 |
SUN WEST MORTGAGE COMPANY, INC. 18000 STUDEBAKER ROAD, SUITE 200 CERRITOS, CA 90703 |
* | $ 10,000,000 | 2 | $ 318,000 |
IOWA BANKERS MORTGAGE CORPORATION 8800 NW 62ND AVE JOHNSTON, IA 50131 |
* | $ 10,000,000 | 2 | $ 343,000 |
STERLING STATE BANK 1419 1ST AVENUE SW AUSTIN, MN 55912 |
* | $ 303,162,000 | 2 | $ 287,000 |
TOWNE MORTGAGE COMPANY 2170 E. BIG BEAVER ROAD, SUITE A TROY, MI 48083 |
* | $ 35,475,880,000 | 2 | $ 140,000 |
ASSOCIATED BANK, NATIONAL ASSOCIATION 200 NORTH ADAMS STREET GREEN BAY, WI 54301 |
* | $ 23,260,580,000 | 2 | $ 315,000 |
PIONEER BANK 320 STADIUM ROAD SUITE 100 MANKATO, MN 56001 |
* | $ 289,550,000 | 2 | $ 215,000 |
ROUNDBANK 200 SECOND STREET NE, PO BOX 667 WASECA, MN 56093 |
* | $ 298,103,000 | 2 | $ 82,000 |
NYCB MORTGAGE COMPANY, LLC 1801 EAST 9TH STREET CLEVELAND, OH 44114 |
* | $ 75,001,000 | 2 | $ 292,000 |
EVERETT FINANCIAL, INC. 14801 QUORUM DRIVE, SUITE 300 DALLAS, TX 75254 |
* | $ 3,642,000 | 2 | $ 245,000 |
USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 58,597,476,000 | 2 | $ 361,000 |
FLAGSTAR BANK, FSB 5151 CORPORATE DRIVE TROY, MI 48098 |
* | $ 14,069,057,000 | 2 | $ 154,000 |
NAVY FEDERAL CREDIT UNION 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 52,436,123,000 | 1 | $ 95,000 |
NTFN, INC. 700 STATE HIGHWAY 121, SUITE 100 LEWISVILLE, TX 75067 |
* | $ 10,000,000 | 1 | $ 106,000 |
REVERSE MORTGAGE SOLUTIONS INC 14405 WALTERS RD SUITE 200 HOUSTON, TX 77014 |
* | $ 10,978,000 | 1 | $ 65,000 |
PROVIDENT FUNDING ASSOCIATES, L.P. 851 TRAEGER AVENUE, SUITE 100 SAN BRUNO, CA 94066 |
* | $ 10,000,000 | 1 | $ 145,000 |
IFREEDOM DIRECT CORPORATION 124 N. CHARLES LINDBERGH DRIVE SLC, UT 84116 |
* | $ 10,000,000 | 1 | $ 105,000 |
IMPAC MORTGAGE CORP. 19500 JAMBOREE RD IRVINE, CA 92612 |
* | $ 32,120,000 | 1 | $ 134,000 |
PROSPECT MORTGAGE, LLC 15301 VENTURA BLVD SUITE D300 SHERMAN OAKS, CA 91403 |
* | $ 10,000,000 | 1 | $ 173,000 |
LENOX FINANCIAL MORTGAGE CORPORATION 200 E. SANDPOINTE SUITE 800 SANTA ANA, CA 92707 |
* | $ 39,000,000 | 1 | $ 359,000 |
FIRST DAKOTA NATIONAL BANK 225 CEDAR ST YANKTON, SD 57078 |
* | $ 946,494,000 | 1 | $ 497,000 |
ALLY BANK 2101 REXFORD ROAD, SUITE 350W CHARLOTTE, NC 28211 |
* | $ 94,795,926,000 | 1 | $ 176,000 |
SHELTER MORTGAGE COMPANY, L.L.C. 4000 W. BROWN DEER ROAD BROWN DEER, WI 53209 |
* | $ 1,270,503,000 | 1 | $ 315,000 |
BRIDGEWATER BANK 3800 AMERICAN BLVD WEST, SUITE 100 BLOOMINGTON, MN 55431 |
* | $ 459,843,000 | 1 | $ 890,000 |
TRUSTONE FINANCIAL FEDERAL CREDIT UNION 14601 27TH AVENUE NORTH PLYMOUTH, MN 55447 |
* | $ 860,612,000 | 1 | $ 187,000 |
HIWAY 111 EMPIRE DRIVE SAINT PAUL, MN 55103 |
* | $ 882,991,000 | 1 | $ 57,000 |
HOMEWARD RESIDENTIAL, INC. 16675 ADDISON ROAD ADDISON, TX 75001 |
* | $ 3,809,880,000 | 1 | $ 67,000 |
AMERICAN INTERNET MORTGAGE, INC. 4121 CAMINO DEL RIO SOUTH SAN DIEGO, CA 92108 |
* | $ 10,000,000 | 1 | $ 85,000 |
GUIDANCE RESIDENTIAL, LLC 11107 SUNSET HILLS ROAD, STES 100 & 200 RESTON, VA 20190 |
* | $ 10,000,000 | 1 | $ 130,000 |
MILEND, INC. 375 NORTHRIDGE RD, SUITE 600 ATLANTA, GA 30350 |
* | $ 10,000,000 | 1 | $ 184,000 |
LSI MORTGAGE PLUS 6470 E JOHNS CROSSING STE 400 DULUTH, GA 30097 |
* | $ 1,704,000 | 1 | $ 246,000 |
CMG MORTGAGE, INC. 3160 CROW CANYON ROAD, SUITE 400 SAN RAMON, CA 94583 |
* | $ 100,000,000 | 1 | $ 83,000 |
SUMMIT MORTGAGE CORPORATION 13355 10TH AVE N, SUITE 100 PLYMOUTH, MN 55441 |
* | $ 10,000,000 | 1 | $ 188,000 |
MARKETPLACE HOME MORTGAGE, LLC 7380 FRANCE AVE S, STE 200 EDINA, MN 55435 |
* | $ 34,593,007,000 | 1 | $ 160,000 |
AUTO CLUB TRUST, FSB 1 AUTO CLUB DRIVE DEARBORN, MI 48126 |
* | $ 70,848,000 | 1 | $ 80,000 |
THINK MUTUAL BANK 5200 MEMBERS PARKWAY NW ROCHESTER, MN 55901 |
* | $ 1,453,067,000 | 1 | $ 99,000 |
CORTRUST MORTGAGE, INC. 2101 S MINNESOTA AVENUE SIOUX FALLS, SD 57105 |
* | $ 10,000,000 | 1 | $ 50,000 |
MIDWEST HERITAGE BANK FSB 3580 EP TRUE PKWY, STE 100 WEST DES MOINES, IA 50265 |
* | $ 164,424,000 | 1 | $ 93,000 |
NORTH AMERICAN SAVINGS BANK, F.S.B. 12498 S 71 HIGHWAY GRANDVIEW, MO 64030 |
* | $ 1,232,230,000 | 1 | $ 320,000 |
AFFILIATED MORTGAGE COMPANY 5700 LEGACY DRIVE STE 10 PLANO, TX 75024 |
* | $ 212,423,000 | 1 | $ 173,000 |
BBMC MORTGAGE, LLC 100 W. 22ND ST LOMBARD, IL 60148 |
* | $ 149,000,000 | 1 | $ 228,000 |
FIRST CHOICE LOAN SERVICES INC. ONE TOWER CENTER, FLOOR #18 EAST BRUNSWICK, NJ 08816 |
* | $ 669,000,000 | 1 | $ 216,000 |
WATERSTONE MORTGAGE CORPORATION N25 W23255 PAUL ROAD PEWAUKEE, WI 53072 |
* | $ 1,603,436,000 | 1 | $ 191,000 |
FIRST COMMUNITY MORTGAGE, INC. 275 ROBERT ROSE DRIVE MURFREESBORO, TN 37129 |
* | $ 10,000,000 | 1 | $ 64,000 |
LAKE MICHIGAN CREDIT UNION PO BOX 2848 GRAND RAPIDS, MI 49501 |
* | $ 2,731,663,000 | 1 | $ 150,000 |
AIM CREDIT UNION 1200 ASSOCIATES DR STE 102 DUBUQUE, IA 52002 |
* | $ 91,602,000 | 1 | $ 100,000 |
COLE TAYLOR BANK 9550 W HIGGINS RAOD ROSEMONT, IL 60018 |
* | $ 5,784,213,000 | 1 | $ 174,000 |
BANK FORWARD 390 WHEAT STREET, PO BOX 100 HANNAFORD, ND 58448 |
* | $ 476,954,000 | 1 | $ 32,000 |
NORTHWEST BANK 705 GRAND AVE. SPENCER, IA 51301 |
* | $ 1,069,063,000 | 1 | $ 127,000 |
GSF MORTGAGE CORPORATION 15430 W CAPITOL DRIVE BROOKFIELD, WI 53005 |
* | $ 10,000,000 | 1 | $ 78,000 |
SIGNATURE FEDERAL CREDIT UNION 12 HERBERT ST. ALEXANDRIA, VA 22313 |
* | $ 273,007,000 | 1 | $ 88,000 |
FEDEX EMPLOYEES CREDIT ASSOCIATION 2731 NONCONNAH BLVD MEMPHIS, TN 38132 |
* | $ 357,015,000 | 1 | $ 10,000 |
360 MORTGAGE GROUP, LLC 11305 FOUR POINTS DRIVE, BLDG 1, #200 AUSTIN, TX 78726 |
* | $ 10,000,000 | 1 | $ 203,000 |
ENVOY MORTGAGE, LTD 5100 WESTHEIMER RD, STE 320 HOUSTON, TX 77056 |
* | $ 10,000,000 | 1 | $ 84,000 |
PINNACLE BANK 20544 HWY 370 GRETNA, NE 68028 |
* | $ 3,757,956,000 | 1 | $ 239,000 |
NORTHVIEW BANK 510 MAIN SANDSTONE, MN 55072 |
* | $ 229,613,000 | 1 | $ 384,000 |
UNITED PRAIRIE BANK 10 FIRESTONE DRIVE, SUITE 300 MANKATO, MN 56001 |
* | $ 586,284,000 | 1 | $ 355,000 |
ALLIANCE BANK 105 EAST LYON AVE LAKE CITY, MN 55041 |
* | $ 606,646,000 | 1 | $ 150,000 |
PLAZA HOME MORTGAGE, INC. 4820 EASTGATE MALL, STE 100 SAN DIEGO, CA 92121 |
* | $ 10,000,000 | 1 | $ 137,000 |
DITECH MORTGAGE CORP 1100 VIRGINIA DRIVE, SUITE 100 FT. WASHINGTON, PA 19034 |
* | $ 5,720,000 | 1 | $ 94,000 |
CARRINGTON MORTGAGE SERVICES, LLC 1600 SO. DOUGLASS RD, SUITES 110 & 200A ANAHEIM, CA 92806 |
* | $ 945,758,000 | 1 | $ 156,000 |
AMERICAN BANK AND TRUST COMPANY, NATIONAL ASSOCIATION 4301 E 53RD STREET DAVENPORT, IA 52807 |
* | $ 399,280,000 | 1 | $ 146,000 |
FALCON NATIONAL BANK 183 CEDAR DRIVE FOLEY, MN 56329 |
* | $ 155,178,000 | 1 | $ 64,000 |
MIDCOUNTRY BANK 7825 WASHINGTON AVE. S., STE. 120 BLOOMINGTON, MN 55439 |
* | $ 680,387,000 | 1 | $ 78,000 |
STONEGATE MORTGAGE CORPORATION 9190 PRIORITY WAY WEST DRIVE INDIANAPOLIS, IN 46240 |
* | $ 10,000,000 | 1 | $ 136,000 |
MID-ISLAND MORTGAGE CORP. 900 MERCHANTS CONCOURSE, SUITE #112 WESTBURY, NY 11554 |
* | $ 10,000,000 | 1 | $ 160,000 |
PENNYMAC LOAN SERVICES LLC 3043 TOWNSGATE ROAD WESTLAKE VILLAGE, CA 91361 |
* | $ 39,000,000 | 1 | $ 75,000 |
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.
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 | 698 | $82,318,000 | $117,000 | $990,000 | $73,000 | $1,972,000 |
Home Purchase | 343 | $37,187,000 | $108,000 | $890,000 | $54,000 | $1,011,000 |
Home Improvement | 73 | $4,539,000 | $62,000 | $497,000 | $70,000 | $557,000 |
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 | 904 | $103,001,000 | $113,000 | $990,000 | $71,000 | $1,972,000 |
Not applicable | 83 | $9,505,000 | $114,000 | $890,000 | $20,000 | $204,000 |
Not Provided | 79 | $7,789,000 | $98,000 | $337,000 | $82,000 | $1,015,000 |
Hispanic | 39 | $2,851,000 | $73,000 | $199,000 | $40,000 | $108,000 |
Asian | 7 | $729,000 | $104,000 | $146,000 | $58,000 | $100,000 |
American Indian or Alaskan Native | 2 | $169,000 | $84,000 | $128,000 | $37,000 | $58,000 |
Black or African American | 0 | $0 | $0 | $0 | $0 | $0 |
Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
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) | 833 | $95,795,000 | $115,000 | $990,000 | $77,000 | $1,972,000 |
FHA-insured (Federal Housing Administration) | 139 | $14,877,000 | $107,000 | $272,000 | $36,000 | $147,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 111 | $9,774,000 | $88,000 | $231,000 | $36,000 | $84,000 |
VA-guaranteed (Veterans Administration) | 31 | $3,598,000 | $116,000 | $362,000 | $34,000 | $97,000 |
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 | 605 | $67,876,000 | $112,000 | $990,000 | $69,000 | $1,972,000 |
Application Denied By Financial Institution | 200 | $20,264,000 | $101,000 | $468,000 | $61,000 | $1,011,000 |
Loan Purchased By The Institution | 133 | $13,951,000 | $104,000 | $515,000 | $52,000 | $1,342,000 |
Application Withdrawn By Applicant | 83 | $9,642,000 | $116,000 | $417,000 | $74,000 | $560,000 |
Application Approved But Not Accepted | 66 | $8,069,000 | $122,000 | $497,000 | $72,000 | $520,000 |
File Closed For Incompleteness | 27 | $4,242,000 | $157,000 | $415,000 | $108,000 | $1,015,000 |
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 | 57 | $4,067,000 | $71,000 | $234,000 | $51,000 | $223,000 |
Collateral | 40 | $5,852,000 | $146,000 | $452,000 | $112,000 | $1,011,000 |
Debt-To-Income Ratio | 38 | $3,151,000 | $82,000 | $280,000 | $37,000 | $94,000 |
Other | 18 | $2,028,000 | $112,000 | $468,000 | $65,000 | $338,000 |
Credit Application Incomplete | 5 | $509,000 | $101,000 | $163,000 | $54,000 | $150,000 |
Insufficient Cash (Downpayment, Closing Cost) | 3 | $248,000 | $82,000 | $113,000 | $45,000 | $77,000 |
Mortgage Insurance Denied | 1 | $138,000 | $138,000 | $138,000 | $83,000 | $83,000 |
Unverifiable Information | 1 | $199,000 | $199,000 | $199,000 | $69,000 | $69,000 |
Employment History | 1 | $109,000 | $109,000 | $109,000 | $24,000 | $24,000 |
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.