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 | 922 |
Total Mortgage Loan Application Amount | $103,140,000 |
Average Mortgage Loan Application Amount | $111,000 |
Highest Mortgage Loan Application Amount | $1,885,000 |
Average Applicant Income | $80,000 |
Highest Applicant Income | $8,891,000 |
Mortgage Lender | Phone Number | Mortgage Lender Assets | Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications |
---|---|---|---|---|
U.S. BANK NATIONAL ASSOCIATION 425 WALNUT STREET CINCINNATI, OH 45202 |
* | $ 456,025,829,000 | 138 | $ 13,170,000 |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4801 S. BILTMORE LANE MADISON, WI 53718 |
* | $ -1,000 | 111 | $ 10,165,000 |
HOME FEDERAL SAVINGS BANK 1016 CIVIC CENTER DR NW ROCHESTER, MN 55901 |
* | $ 722,455,000 | 104 | $ 7,130,000 |
WELLS FARGO BANK, NATIONAL ASSOCIATION 100 N MAIN STREET MAC D4001-042 WINSTON-SALEM, NC 27150 |
* | $ 1,747,398,000,000 | 78 | $ 8,850,000 |
MANUFACTURERS BANK & TRUST COMPANY 245 EAST J ST, PO BOX 450 FOREST CITY, IA 50436 |
* | $ 335,251,000 | 33 | $ 3,875,000 |
CITIZENS COMMUNITY FEDERAL NATIONAL ASSOCIATION 219 FAIRFAX STREET ALTOONA, WI 54720 |
* | $ 942,777,000 | 24 | $ 2,370,000 |
GUARANTEED RATE, INC. 3940 NORTH RAVENSWOOD AVE CHICAGO, IL 60613 |
* | $ -1,000 | 22 | $ 2,990,000 |
COMPEER FINANCIAL, FLCA 2600 JENNY WREN TRAIL SUN PRAIRIE, WI 53590 |
* | $ -1,000 | 18 | $ 3,910,000 |
PENNYMAC LOAN SERVICES, LLC 3043 TOWNSGATE ROAD WESTLAKE VILLAGE, CA 91361 |
* | $ -1,000 | 15 | $ 2,055,000 |
21ST MORTGAGE CORPORATION 620 MARKET ST SUITE 100 KNOXVILLE, TN 37902 |
* | $ -1,000 | 12 | $ 420,000 |
LOANDEPOT.COM, LLC 26642 TOWNE CENTRE DRIVE FOOTHILL RANCH, CA 92610 |
* | $ -1,000 | 11 | $ 1,225,000 |
STATE FARM BANK, F.S.B. 1 STATE FARM PLAZA E-6 BLOOMINGTON, IL 61710 |
* | $ 16,696,742,000 | 11 | $ 885,000 |
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 2,140,778,000,000 | 10 | $ 1,100,000 |
BREMER BANK, NATIONAL ASSOCIATION 372 ST. PETER STREET ST. PAUL, MN 55102 |
* | $ 11,915,259,000 | 10 | $ 1,060,000 |
CARRINGTON MORTGAGE SERVICES, LLC 1600 SO. DOUGLASS RD, SUITES 110 & 200A ANAHEIM, CA 92806 |
* | $ -1,000 | 9 | $ 745,000 |
AFFINITY PLUS 175 WEST LAFAYETTE FRONTAGE ROAD SAINT PAUL, MN 55107 |
* | $ 2,063,591,000 | 9 | $ 625,000 |
MORTGAGE RESEARCH CENTER, LLC 1400 VETERANS UNITED DR. COLUMBIA, MO 65203 |
* | $ -1,000 | 9 | $ 1,155,000 |
NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ -1,000 | 8 | $ 1,720,000 |
USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 80,522,766,000 | 7 | $ 1,075,000 |
FLAGSTAR BANK, FSB 5151 CORPORATE DRIVE TROY, MI 48098 |
* | $ 16,855,693,000 | 7 | $ 935,000 |
NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ -1,000 | 6 | $ 780,000 |
IOWA BANKERS MORTGAGE CORPORATION 8800 NW 62ND AVE JOHNSTON, IA 50131 |
* | $ -1,000 | 5 | $ 625,000 |
CALIBER HOME LOANS, INC. 1525 S. BELTLINE ROAD COPPELL, TX 75019 |
* | $ -1,000 | 5 | $ 585,000 |
FREEDOM MORTGAGE CORPORATION 10500 KINCAID DRIVE FISHERS, IN 46037 |
* | $ -1,000 | 5 | $ 865,000 |
AMERIHOME MORTGAGE COMPANY, LLC 21215 BURBANK BLVD, SUITE 400 WOODLAND HILLS, CA 91367 |
* | $ -1,000 | 5 | $ 715,000 |
CONSUMER LOAN SERVICES, LLC 811 MONITOR STREET LA CROSSE, WI 54603 |
* | $ -1,000 | 5 | $ 445,000 |
LUMINATE HOME LOANS 7760 FRANCE AVE S, STE 1010 BLOOMINGTON, MN 55435 |
* | $ -1,000 | 5 | $ 675,000 |
STEARNS LENDING, LLC 4 HUTTON CENTRE, 10TH FLOOR SANTA ANA, CA 92707 |
* | $ -1,000 | 4 | $ 540,000 |
BROKER SOLUTIONS, INC. 14511 MYFORD ROAD, SUITE 100 TUSTIN, CA 92780 |
* | $ -1,000 | 4 | $ 430,000 |
CITIMORTGAGE, INC. 1 COURT SQUARE, 43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ -1,000 | 4 | $ 150,000 |
PLAINS COMMERCE BANK 220 MAIN ST HOVEN, SD 57450 |
* | $ 650,256,000 | 4 | $ 680,000 |
DITECH FINANCIAL LLC 1100 VIRGINIA DRIVE, SUITE 100 FORT WASHINGTON, PA 19034 |
* | $ -1,000 | 4 | $ 350,000 |
SUNTRUST MORTGAGE, INC. 901 SEMMES AVENUE RICHMOND, VA 23224 |
* | $ -1,000 | 4 | $ 320,000 |
LEADERONE FINANCIAL CORPORATION 7500 COLLEGE BLVD SUITE 1150 OVERLAND PARK, KS 66210 |
* | $ -1,000 | 4 | $ 390,000 |
MERCHANTS BANK, NATIONAL ASSOCIATION 102 EAST THIRD STREET WINONA, MN 55987 |
* | $ 1,656,476,000 | 4 | $ 370,000 |
HOMETOWN BANK 1000 EAST COOK STREET REDWOOD FALLS, MN 56283 |
* | $ 293,609,000 | 4 | $ 500,000 |
MEMBER FIRST MORTGAGE, LLC 616 44TH STREET SE GRAND RAPIDS, MI 49548 |
* | $ -1,000 | 4 | $ 330,000 |
DISCOVER BANK 12 READS WAY NEW CASTLE, DE 19720 |
* | $ 98,729,134,000 | 3 | $ 195,000 |
UNITED SHORE FINANCIAL SERVICES, LLC 1414 EAST MAPLE ROAD TROY, MI 48083 |
* | $ -1,000 | 3 | $ 405,000 |
BARRINGTON BANK & TRUST COMPANY, N.A. 201 S. HOUGH STREET BARRINGTON, IL 60010 |
* | $ 2,002,887,000 | 3 | $ 355,000 |
AXIA FINANCIAL, LLC 1120 112TH AVE NE STE 600 BELLEVUE, WA 98004 |
* | $ -1,000 | 3 | $ 395,000 |
SUMMIT MORTGAGE CORPORATION 13355 10TH AVE N, SUITE 100 PLYMOUTH, MN 55441 |
* | $ -1,000 | 3 | $ 575,000 |
FRANKLIN AMERICAN MORTGAGE COMPANY 6100 TOWER CIRCLE SUITE 600 FRANKLIN, TN 37067 |
* | $ -1,000 | 3 | $ 245,000 |
PIONEER BANK 320 STADIUM ROAD SUITE 100 MANKATO, MN 56001 |
* | $ 416,512,000 | 3 | $ 215,000 |
COMMUNITY BANK MANKATO 300 ST ANDREWS DR MANKATO, MN 56001 |
* | $ 288,412,000 | 3 | $ 155,000 |
EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ -1,000 | 3 | $ 415,000 |
MIDFIRST BANK 501 NW GRAND BLVD OKLAHOMA CITY, OK 73118 |
* | $ 14,726,156,000 | 3 | $ 115,000 |
PACIFIC UNION FINANCIAL, LLC 8900 FREEPORT PKWY, STE 150 IRVING, TX 75063 |
* | $ -1,000 | 3 | $ 345,000 |
MARINE 811 MONITOR STREET LA CROSSE, WI 54603 |
* | $ 755,545,000 | 3 | $ 215,000 |
TRUHOME SOLUTIONS, LLC 9601 LEGLER RD. LENEXA, KS 66219 |
* | $ -1,000 | 3 | $ 555,000 |
GOODLEAP, LLC 8781 SIERRA COLLEGE BLVD ROSEVILLE, CA 95661 |
* | $ -1,000 | 3 | $ 335,000 |
BRIDGEVIEW BANK GROUP 7940 S HARLEM BRIDGEVIEW, IL 60455 |
* | $ 1,175,351,000 | 3 | $ 455,000 |
TRUSTONE FINANCIAL FEDERAL CREDIT UNION 14601 27TH AVENUE NORTH PLYMOUTH, MN 55447 |
* | $ 1,308,536,000 | 3 | $ 85,000 |
RESULTS MORTGAGE, LLC 11200 WEST 78TH STREET, SUITE 50 EDEN PRAIRIE, MN 55344 |
* | $ -1,000 | 3 | $ 225,000 |
BELL BANK 3100 13TH AVE S FARGO, ND 58103 |
* | $ 4,763,242,000 | 2 | $ 300,000 |
MAYO EMPLOYEES FEDERAL CREDIT UNION 130 23RD AVE SW ROCHESTER, MN 55902 |
* | $ 884,447,000 | 2 | $ 450,000 |
AMERICAN BANK OF THE NORTH 117 CENTRAL AVENUE NASHWAUK, MN 55769 |
* | $ 549,676,000 | 2 | $ 100,000 |
ROUNDBANK 200 SECOND STREET NE, PO BOX 667 WASECA, MN 56093 |
* | $ 304,365,000 | 2 | $ 40,000 |
FARMERS STATE BANK 131 TOWER PARK DRIVE SUITE 100 WATERLOO, IA 50701 |
* | $ 954,308,000 | 2 | $ 1,360,000 |
CRESCENT MORTGAGE COMPANY 6600 PEACHTREE DUNWOODY ROAD SUITE 650 ATLANTA, GA 30328 |
* | $ -1,000 | 2 | $ 190,000 |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 3701 ARCO CORPORATE DR., SUITE 200 CHARLOTTE, NC 28273 |
* | $ -1,000 | 2 | $ 170,000 |
NAVY FEDERAL CREDIT UNION 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 90,565,764,000 | 2 | $ 420,000 |
EMM LOANS LLC 3 EXECUTIVE CAMPUS, SUITE 520 CHERRY HILL, NJ 08002 |
* | $ -1,000 | 2 | $ 330,000 |
GOLDWATER BANK, N.A. 2525 EAST CAMELBACK ROAD SUITE 1100 PHOENIX, AZ 85016 |
* | $ 192,687,000 | 2 | $ 430,000 |
THE MONEY SOURCE INC. 135 MAXESS ROAD MELVILLE, NY 11747 |
* | $ -1,000 | 2 | $ 490,000 |
REVERSE MORTGAGE FUNDING LLC 1455 BROAD ST., 2ND FL BLOOMFIELD, NJ 07003 |
* | $ -1,000 | 2 | $ 170,000 |
CHURCHILL MORTGAGE CORPORATION 761 OLD HICKORY BLVD SUITE 400 BRENTWOOD, TN 37027 |
* | $ -1,000 | 2 | $ 220,000 |
AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE ATLANTA, GA 30305 |
* | $ -1,000 | 2 | $ 250,000 |
THINK MUTUAL BANK 5200 MEMBERS PARKWAY NW ROCHESTER, MN 55901 |
* | $ 1,625,986,000 | 2 | $ 420,000 |
SUNTRUST BANKS, INC. P.O. BOX 4418, MAIL CODE 663 ATLANTA, GA 30302 |
* | $ 201,637,519,000 | 2 | $ 300,000 |
SERVION, INC. 500 MAIN STREET NEW BRIGHTON, MN 55112 |
* | $ -1,000 | 2 | $ 260,000 |
TOWNE MORTGAGE COMPANY 2170 E. BIG BEAVER ROAD, SUITE A TROY, MI 48083 |
* | $ -1,000 | 2 | $ 330,000 |
HOME POINT FINANCIAL CORPORATION 1194 OAK VALLEY DRIVE, SUITE 80 ANN ARBOR, MI 48108 |
* | $ -1,000 | 2 | $ 240,000 |
WATERSTONE BANK, SSB 11200 WEST PLANK COURT WAUWATOSA, WI 53226 |
* | $ 1,804,054,000 | 2 | $ 2,520,000 |
INLANTA MORTGAGE, INC. W239 N3490 PEWAUKEE ROAD, STE.200 PEWAUKEE, WI 53072 |
* | $ -1,000 | 2 | $ 210,000 |
NORTHPOINTE BANK 3333 DEPOSIT DRIVE NE GRAND RAPIDS, MI 49546 |
* | $ 827,634,000 | 1 | $ 135,000 |
BMO HARRIS BANK NATIONAL ASSOCIATION 111 W. MONROE CHICAGO, IL 60603 |
* | $ 109,372,608,000 | 1 | $ 795,000 |
MINNESOTA VALLEY FEDERAL CREDIT UNION 1640 ADAMS ST MANKATO, MN 56001 |
* | $ 155,841,000 | 1 | $ 75,000 |
DEERWOOD BANK 21236 ARCHIBALD ROAD DEERWOOD, MN 56444 |
* | $ 504,544,000 | 1 | $ 65,000 |
BANKUNITED, NATIONAL ASSOCIATION 7815 NW 148TH STREET MIAMI LAKES, FL 33016 |
* | $ 30,280,467,000 | 1 | $ 25,000 |
BANK OF AMERICA, NATIONAL ASSOCIATION 31303 AGOURA RD CA6-917-01-20 WESTLAKE VILLAGE, CA 91361 |
* | $ 1,751,524,000,000 | 1 | $ 35,000 |
FIRST COMMUNITY MORTGAGE, INC. 275 ROBERT ROSE DRIVE MURFREESBORO, TN 37129 |
* | $ -1,000 | 1 | $ 55,000 |
PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MT LAUREL, NJ 08054 |
* | $ -1,000 | 1 | $ 225,000 |
BAY-VALLEY MORTGAGE GROUP 23320 FOOTHILL BLVD, SUITE 260 HAYWARD, CA 94541 |
* | $ -1,000 | 1 | $ 155,000 |
PRIMELENDING, A PLAINSCAPITAL COMPANY 18111 PRESTON ROAD SUITE 900 DALLAS, TX 75252 |
* | $ -1,000 | 1 | $ 105,000 |
GOPRIME MORTGAGE, INC. 320 N SALEM STREET APEX, NC 27502 |
* | $ -1,000 | 1 | $ 245,000 |
BANKVISTA 125 TWIN RIVERS CT SARTELL, MN 56377 |
* | $ 249,182,000 | 1 | $ 225,000 |
ROYAL UNITED MORTGAGE LLC 7999 KNUE RD. STE 300 INDIANAPOLIS, IN 46250 |
* | $ -1,000 | 1 | $ 85,000 |
CREDIT HUMAN FEDERAL CREDIT UNION 6061 IH 10 WEST SAN ANTONIO, TX 78201 |
* | $ 2,934,629,000 | 1 | $ 35,000 |
FORBRIGHT BANK 6701 DEMOCRACY BLVD, SUITE 400 BETHESDA, MD 20817 |
* | $ 955,028,000 | 1 | $ 165,000 |
1ST ALLIANCE LENDING, LLC 111 FOUNDERS PLAZA, SUITE 1300 EAST HARTFORD, CT 06108 |
* | $ -1,000 | 1 | $ 155,000 |
PROFINIUM, INC. 105 LAKE AVE. PO BOX 848 FAIRMONT, MN 56031 |
* | $ 367,686,000 | 1 | $ 225,000 |
FIREFLY 1400 RIVERWOOD DR BURNSVILLE, MN 55337 |
* | $ 1,190,459,000 | 1 | $ 5,000 |
CROSSCOUNTRY MORTGAGE, INC. 6850 MILLER RD BRECKSVILLE, OH 44141 |
* | $ -1,000 | 1 | $ 85,000 |
BANKERS' BANK 7700 MINERAL POINT ROAD MADISON, WI 53717 |
* | $ 690,531,000 | 1 | $ 145,000 |
CENTIER BANK 600 E 84TH AVENUE MERRILLVILLE, IN 46410 |
* | $ 3,947,088,000 | 1 | $ 85,000 |
MUTUAL OF OMAHA BANK 3333 FARNAM ST OMAHA, NE 68131 |
* | $ 8,144,695,000 | 1 | $ 55,000 |
360 MORTGAGE GROUP, LLC 11305 FOUR POINTS DRIVE, BLDG 1, #200 AUSTIN, TX 78726 |
* | $ -1,000 | 1 | $ 95,000 |
FIRST FEDERAL BANK 4705 US HWY 90 W LAKE CITY, FL 32055 |
* | $ 1,376,902,000 | 1 | $ 135,000 |
AMERICAN FINANCING CORPORATION 3045 S PARKER RD BUILDING B AURORA, CO 80014 |
* | $ -1,000 | 1 | $ 75,000 |
NBKC BANK 8320 WARD PARKWAY KANSAS CITY, MO 64114 |
* | $ 631,522,000 | 1 | $ 105,000 |
PLANET HOME LENDING, LLC 321 RESEARCH PARKWAY STE 300 MERIDEN, CT 06540 |
* | $ -1,000 | 1 | $ 175,000 |
BANKERS TRUST COMPANY 453 7TH ST. DES MOINES, IA 50309 |
* | $ 4,473,611,000 | 1 | $ 75,000 |
LAKEVIEW LOAN SERVICING, LLC 4425 PONCE DE LEON BLVD. CORAL GABLES, FL 33146 |
* | $ -1,000 | 1 | $ 135,000 |
AMERICAN ADVISORS GROUP 3800 W.CHAPMAN SUITE 300 ORANGE, CA 92868 |
* | $ -1,000 | 1 | $ 15,000 |
INSPIRED FINANCIAL SERVICES, LLC 2708 BICENTENNIAL DR, STE A CEDAR FALLS, IA 50613 |
* | $ -1,000 | 1 | $ 65,000 |
TRUIST BANK 3100 SMOKETREE CT FL 5 RALEIGH, NC 27604 |
* | $ 216,077,000,000 | 1 | $ 55,000 |
TEXAS CAPITAL BANK, NATIONAL ASSOCIATION 2000 MCKINNEY AVE SUITE 700 DALLAS, TX 75201 |
* | $ 25,054,739,000 | 1 | $ 395,000 |
TRUSTONE HOME MORTGAGE, LLC 14601 27TH AVE N SUITE 103 PLYMOUTH, MN 55447 |
* | $ -1,000 | 1 | $ 85,000 |
ROUNDPOINT MORTGAGE SERVICING CORPORATION 5016 PARKWAY PLAZA BLVD, BLDGS 6 & 8 CHARLOTTE, NC 28219 |
* | $ -1,000 | 1 | $ 95,000 |
FORESIGHT BANK 138 WEST BROADWAY PLAINVIEW, MN 55964 |
* | $ 233,869,000 | 1 | $ 155,000 |
KS STATEBANK 1010 WESTLOOP PL MANHATTAN, KS 66502 |
* | $ 1,787,790,000 | 1 | $ 395,000 |
HIWAY 111 EMPIRE DRIVE SAINT PAUL, MN 55103 |
* | $ 1,104,663,000 | 1 | $ 85,000 |
SIERRA PACIFIC MORTGAGE COMPANY, INC. 1180 IRON POINT RD, SUITE 200 FOLSOM, CA 95630 |
* | $ -1,000 | 1 | $ 375,000 |
MILEND, INC. 375 NORTHRIDGE RD, SUITE 600 ATLANTA, GA 30350 |
* | $ -1,000 | 1 | $ 225,000 |
BAY EQUITY LLC 28 LIBERTY SHIPWAY SUITE 2800 SAUSALITO, CA 94965 |
* | $ -1,000 | 1 | $ 65,000 |
EVERETT FINANCIAL, INC. 14801 QUORUM DRIVE, SUITE 300 DALLAS, TX 75254 |
* | $ -1,000 | 1 | $ 165,000 |
WESTSTAR MORTGAGE CORPORATION 6363 NORTH STATE HIGHWAY 161 IRVING, TX 75038 |
* | $ -1,000 | 1 | $ 255,000 |
BANK 34 500 EAST TENTH STREET ALAMOGORDO, NM 88310 |
* | $ 335,906,000 | 1 | $ 125,000 |
CAMBRIA FINANCIAL GROUP, LLC 11000 W 78TH STREET, SUITE 300 EDEN PRAIRIE, MN 55344 |
* | $ -1,000 | 1 | $ 205,000 |
LAKE AREA BANK 12790 FIRST AVE N - PO BOX 743 LINDSTROM, MN 55045 |
* | $ 332,392,000 | 1 | $ 85,000 |
NOVATION CREDIT UNION 500 IMPERIAL AVE OAKDALE, MN 55128 |
* | $ 141,075,000 | 1 | $ 135,000 |
THRIVENT FEDERAL CREDIT UNION 625 FOURTH AVE S MINNEAPOLIS, MN 55415 |
* | $ 526,546,000 | 1 | $ 65,000 |
LAND HOME FINANCIAL SERVICES, INC. 1355 WILLOW WAY, SUITE 250 CONCORD, CA 94520 |
* | $ -1,000 | 1 | $ 105,000 |
MIDWEST HERITAGE BANK FSB 3580 EP TRUE PKWY, STE 100 WEST DES MOINES, IA 50265 |
* | $ 261,210,000 | 1 | $ 155,000 |
HOMEWARD RESIDENTIAL, INC. 16675 ADDISON ROAD ADDISON, TX 75001 |
* | $ -1,000 | 1 | $ 255,000 |
LEND SMART MORTGAGE, LLC 3450 LEXINGTON AVE N SHOREVIEW, MN 55126 |
* | $ -1,000 | 1 | $ 85,000 |
NORTHWEST BANK 705 GRAND AVE. SPENCER, IA 51301 |
* | $ 1,541,610,000 | 1 | $ 455,000 |
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 |
---|---|---|---|---|---|---|
Home Purchase | 502 | $60,450,000 | $120,000 | $1,885,000 | $86,000 | $8,891,000 |
Cash-out Refinancing | 142 | $18,490,000 | $130,000 | $595,000 | $62,000 | $189,000 |
Refinancing | 142 | $16,650,000 | $117,000 | $955,000 | $86,000 | $938,000 |
Other Purpose | 66 | $4,160,000 | $63,000 | $295,000 | $69,000 | $223,000 |
Home Improvement | 50 | $2,060,000 | $41,000 | $205,000 | $77,000 | $278,000 |
Not Applicable | 20 | $1,330,000 | $66,000 | $185,000 | $56,000 | $56,000 |
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 | 675 | $74,595,000 | $110,000 | $795,000 | $83,000 | $8,891,000 |
Not applicable | 116 | $14,490,000 | $124,000 | $1,885,000 | $78,000 | $182,000 |
Not Provided | 68 | $8,360,000 | $122,000 | $545,000 | $69,000 | $236,000 |
Hispanic | 35 | $2,745,000 | $78,000 | $315,000 | $57,000 | $475,000 |
Asian | 15 | $1,515,000 | $101,000 | $165,000 | $39,000 | $100,000 |
Black or African American | 5 | $645,000 | $129,000 | $265,000 | $54,000 | $80,000 |
American Indian or Alaskan Native | 5 | $395,000 | $79,000 | $135,000 | $36,000 | $54,000 |
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) | 621 | $68,345,000 | $110,000 | $1,885,000 | $92,000 | $8,891,000 |
FHA-insured (Federal Housing Administration) | 180 | $18,130,000 | $100,000 | $295,000 | $48,000 | $158,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 63 | $6,685,000 | $106,000 | $225,000 | $45,000 | $85,000 |
VA-guaranteed (Veterans Administration) | 58 | $9,980,000 | $172,000 | $595,000 | $62,000 | $142,000 |
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 | 543 | $63,435,000 | $116,000 | $1,885,000 | $89,000 | $8,891,000 |
Application Denied By Financial Institution | 130 | $11,870,000 | $91,000 | $455,000 | $55,000 | $285,000 |
Loan Purchased By The Institution | 112 | $12,580,000 | $112,000 | $395,000 | $85,000 | $182,000 |
Application Withdrawn By Applicant | 79 | $7,835,000 | $99,000 | $595,000 | $58,000 | $177,000 |
File Closed For Incompleteness | 43 | $5,125,000 | $119,000 | $505,000 | $88,000 | $374,000 |
Application Approved But Not Accepted | 15 | $2,295,000 | $153,000 | $595,000 | $80,000 | $215,000 |
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 |
---|---|---|---|---|---|---|
Not applicable | 785 | $90,715,000 | $115,000 | $1,885,000 | $84,000 | $8,891,000 |
Credit History | 46 | $3,380,000 | $73,000 | $455,000 | $63,000 | $285,000 |
Debt-To-Income Ratio | 34 | $2,860,000 | $84,000 | $235,000 | $70,000 | $938,000 |
Collateral | 28 | $3,030,000 | $108,000 | $315,000 | $64,000 | $205,000 |
Credit Application Incomplete | 16 | $1,740,000 | $108,000 | $225,000 | $45,000 | $96,000 |
Other | 7 | $815,000 | $116,000 | $275,000 | $62,000 | $150,000 |
Insufficient Cash (Downpayment, Closing Cost) | 3 | $235,000 | $78,000 | $135,000 | $41,000 | $69,000 |
Unverifiable Information | 2 | $140,000 | $70,000 | $95,000 | $45,000 | $53,000 |
Employment History | 1 | $225,000 | $225,000 | $225,000 | $90,000 | $90,000 |
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.