Freeborn County MN
Mortgage Loan Application
Totals and Details
for 2019

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 993
Total Mortgage Loan Application Amount $118,245,000
Average Mortgage Loan Application Amount $119,000
Highest Mortgage Loan Application Amount $1,085,000
Average Applicant Income $73,000
Highest Applicant Income $1,781,000

Mortgage Company List for Lending in Freeborn County MN for 2019

* 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
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 459,476,604,000 134 $ 14,270,000
HOME FEDERAL SAVINGS BANK
1016 CIVIC CENTER DR NW
ROCHESTER, MN 55901
* $ 711,235,000 121 $ 10,455,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 94 $ 9,350,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,689,351,000,000 76 $ 8,010,000
COMPEER FINANCIAL, FLCA
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ -1,000 30 $ 6,160,000
MANUFACTURERS BANK & TRUST COMPANY
245 EAST J ST, PO BOX 450
FOREST CITY, IA 50436
* $ 347,126,000 29 $ 3,735,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 23 $ 4,605,000
CITIZENS COMMUNITY FEDERAL NATIONAL ASSOCIATION
219 FAIRFAX STREET
ALTOONA, WI 54720
* $ 1,288,089,000 20 $ 1,850,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ -1,000 15 $ 2,425,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 108,015,112,000 14 $ 720,000
LAND HOME FINANCIAL SERVICES, INC.
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ -1,000 13 $ 1,635,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,933,790,000 12 $ 1,010,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 12 $ 1,820,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 12 $ 510,000
BREMER BANK, NATIONAL ASSOCIATION
372 ST. PETER STREET
ST. PAUL, MN 55102
* $ 12,122,519,000 11 $ 1,015,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ -1,000 11 $ 1,355,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 10 $ 1,510,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ -1,000 9 $ 1,415,000
PLAINS COMMERCE BANK
220 MAIN ST
HOVEN, SD 57450
* $ 656,158,000 9 $ 1,025,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 8 $ 1,060,000
AXIA FINANCIAL, LLC
1120 112TH AVE NE STE 600
BELLEVUE, WA 98004
* $ -1,000 8 $ 1,180,000
BARRINGTON BANK & TRUST COMPANY, N.A.
201 S. HOUGH STREET
BARRINGTON, IL 60010
* $ 2,135,647,000 7 $ 1,115,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ -1,000 7 $ 1,045,000
AFFINITY PLUS
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 2,176,291,000 7 $ 445,000
TOWNE MORTGAGE COMPANY
2170 E. BIG BEAVER ROAD, SUITE A
TROY, MI 48083
* $ -1,000 7 $ 815,000
BELL BANK
3100 13TH AVE S
FARGO, ND 58103
* $ 5,394,695,000 7 $ 1,325,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 7 $ 895,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,218,960,000,000 6 $ 440,000
IOWA BANKERS MORTGAGE CORPORATION
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ -1,000 6 $ 910,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ -1,000 6 $ 490,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 18,466,868,000 6 $ 840,000
BAY EQUITY LLC
28 LIBERTY SHIPWAY SUITE 2800
SAUSALITO, CA 94965
* $ -1,000 5 $ 625,000
TRIAD FINANCIAL SERVICES, INC.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 5 $ 155,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ -1,000 5 $ 895,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ -1,000 5 $ 585,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ -1,000 5 $ 465,000
LUMINATE HOME LOANS
7760 FRANCE AVE S, STE 1010
BLOOMINGTON, MN 55435
* $ -1,000 5 $ 625,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 4 $ 490,000
LEADERONE FINANCIAL CORPORATION
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 4 $ 500,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ -1,000 4 $ 470,000
SUNTRUST BANKS, INC.
P.O. BOX 4418, MAIL CODE 663
ATLANTA, GA 30302
* $ 209,720,480,000 4 $ 390,000
ALERUS FINANCIAL, NATIONAL ASSOCIATION
PO BOX 6001
GRAND FORKS, ND 58206
* $ 2,176,480,000 4 $ 500,000
THRIVENT FEDERAL CREDIT UNION
625 FOURTH AVE S
MINNEAPOLIS, MN 55415
* $ 578,076,000 4 $ 610,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 96,962,446,000 4 $ 1,240,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 4 $ 490,000
MUTUAL OF OMAHA MORTGAGE, INC
3131 CAMINO DEL RIO N 190
SAN DIEGO, CA 92108
* $ -1,000 4 $ 630,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 3 $ 445,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 81,602,818,000 3 $ 575,000
FIRST FEDERAL BANK
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 1,811,622,000 3 $ 545,000
CAMBRIA FINANCIAL GROUP, LLC
11000 W 78TH STREET, SUITE 300
EDEN PRAIRIE, MN 55344
* $ -1,000 3 $ 315,000
HOMETOWN BANK
1000 EAST COOK STREET
REDWOOD FALLS, MN 56283
* $ 318,656,000 3 $ 435,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,782,639,000,000 3 $ 395,000
ROUNDBANK
200 SECOND STREET NE, PO BOX 667
WASECA, MN 56093
* $ 308,104,000 3 $ 325,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ -1,000 2 $ 190,000
AMERICAN BANK OF THE NORTH
117 CENTRAL AVENUE
NASHWAUK, MN 55769
* $ 540,407,000 2 $ 250,000
TOPLINE FEDERAL CREDIT UNION
9353 JEFFERSON HWY
MAPLE GROVE, MN 55369
* $ 463,857,000 2 $ 80,000
ALTRA
1700 OAK FOREST DRIVE
ONALASKA, WI 54650
* $ 1,514,584,000 2 $ 80,000
UNITED PRAIRIE BANK
10 FIRESTONE DRIVE, SUITE 300
MANKATO, MN 56001
* $ 599,378,000 2 $ 160,000
MORTGAGE SOLUTIONS OF COLORADO, LLC
MORTGAGE SOLUTIONS OF COLORADO
5455 N UNION BLVD, CO 80918
* $ -1,000 2 $ 190,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ -1,000 2 $ 320,000
MAYO EMPLOYEES FEDERAL CREDIT UNION
130 23RD AVE SW
ROCHESTER, MN 55902
* $ 955,732,000 2 $ 70,000
THINK MUTUAL BANK
5200 MEMBERS PARKWAY NW
ROCHESTER, MN 55901
* $ 1,647,162,000 2 $ 180,000
FRANDSEN BANK & TRUST
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 1,706,892,000 2 $ 550,000
KELLER MORTGAGE, LLC
4725 LAKEHURST CT SUITE 400
DUBLIN, OH 43016
* $ -1,000 2 $ 180,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 2 $ 480,000
MERCHANTS BANK, NATIONAL ASSOCIATION
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,766,499,000 2 $ 220,000
WESTSTAR MORTGAGE CORPORATION
6363 NORTH STATE HIGHWAY 161
IRVING, TX 75038
* $ -1,000 2 $ 340,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ -1,000 2 $ 340,000
MORTGAGES UNLIMITED INC.
7365 KIRKWOOD COURT NORTH SUITE 300
MAPLE GROVE, MN 55113
* $ -1,000 2 $ 120,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ -1,000 2 $ 250,000
GOLDWATER BANK, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 144,960,000 2 $ 340,000
BANKVISTA
125 TWIN RIVERS CT
SARTELL, MN 56377
* $ 302,011,000 2 $ 160,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 129,426,633,000 2 $ 270,000
AMERICAN FINANCING CORPORATION
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 2 $ 910,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 36,899,806,000 2 $ 210,000
GOODLEAP, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 1 $ 125,000
FINANCE OF AMERICA REVERSE LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ -1,000 1 $ 285,000
F & M COMMUNITY BANK, NATIONAL ASSOCIATION
PO BOX 467
PRESTON, MN 55965
* $ 132,031,000 1 $ 85,000
FIDELITY BANK, NATIONAL ASSOCIATION
100 E ENGLISH
WICHITA, KS 67202
* $ 2,269,890,000 1 $ 75,000
PACIFIC UNION FINANCIAL, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ -1,000 1 $ 125,000
LEND SMART MORTGAGE, LLC
3450 LEXINGTON AVE N
SHOREVIEW, MN 55126
* $ -1,000 1 $ 145,000
SPRING EQ, LLC
2929 ARCH ST
PHILADELPHIA, PA 19104
* $ -1,000 1 $ 35,000
REDWOOD RESIDENTIAL ACQUISITION CORPORATION
ONE BELVEDERE PLACE
MILL VALLEY, CA 94941
* $ -1,000 1 $ 445,000
NORTHWEST BANK
705 GRAND AVE.
SPENCER, IA 51301
* $ 1,606,623,000 1 $ 465,000
WYNDHAM CAPITAL MORTGAGE, INC.
6115 PARK SOUTH DRIVE, STE 200
CHARLOTTE, NC 28210
* $ -1,000 1 $ 175,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 1 $ 115,000
COMMUNITY BANK MANKATO
300 ST ANDREWS DR
MANKATO, MN 56001
* $ 304,701,000 1 $ 155,000
RUSHMORE LOAN MANAGEMENT SERVICES LLC
15480 LAGUNA CANYON ROAD, SUITE 100
IRVINE, CA 92618
* $ -1,000 1 $ 75,000
KS STATEBANK
1010 WESTLOOP PL
MANHATTAN, KS 66502
* $ 2,029,298,000 1 $ 215,000
RIVERWOOD BANK
14540 DELLWOOD DR PO BOX 2947
BAXTER, MN 56425
* $ 418,278,000 1 $ 115,000
CITIZENS EQUITY FIRST
5401 W DIRKSEN PKWY
PEORIA, IL 61607
* $ 5,953,334,000 1 $ 275,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ -1,000 1 $ 145,000
ZILLOW HOME LOANS, LLC
10975 EL MONTE ST
OVERLAND PARK, KS 66211
* $ -1,000 1 $ 135,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ -1,000 1 $ 65,000
ROYAL CREDIT UNION
200 RIVERFRONT TERRACE
EAU CLAIRE, WI 54703
* $ 2,390,524,000 1 $ 85,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 1 $ 125,000
PROSPERITY HOME MORTGAGE, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 1 $ 235,000
FIREFLY
1400 RIVERWOOD DR
BURNSVILLE, MN 55337
* $ 1,282,907,000 1 $ 55,000
THIRD FEDERAL SAVINGS AND LOAN ASSOCIATION OF CLEVELAND
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ 14,205,430,000 1 $ 45,000
BLACK HILLS FEDERAL CREDIT UNION
PO BOX 1420-225 MAIN ST
RAPID CITY, SD 57709
* $ 1,298,959,000 1 $ 175,000
THE FEDERAL SAVINGS BANK
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60607
* $ 395,677,000 1 $ 175,000
MANN FINANCIAL INC.
1220 WHITEFISH STAGE ROAD
KALISPELL, MT 59901
* $ -1,000 1 $ 125,000
TCF NATIONAL BANK
2508 LOUISE AVE S (PCC-2E-L)
SIOUX FALLS, SD 57106
* $ 23,708,028,000 1 $ 65,000
PARAMOUNT RESIDENTIAL MORTGAGE GROUP, INC.
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 85,000
FALCON NATIONAL BANK
183 CEDAR DRIVE
FOLEY, MN 56329
* $ 472,539,000 1 $ 85,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 17,230,779,000 1 $ 85,000
REVERSE MORTGAGE FUNDING LLC
1455 BROAD ST., 2ND FL
BLOOMFIELD, NJ 07003
* $ -1,000 1 $ 165,000
SOFI LENDING CORP.
375 HEALDSBURG AVENUE, SUITE 280
HEALDSBURG, CA 95448
* $ -1,000 1 $ 185,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 370,500,928,000 1 $ 75,000
TEXAS CAPITAL BANK, NATIONAL ASSOCIATION
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 28,246,367,000 1 $ 125,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 826,876,000,000 1 $ 145,000
SUMMIT MORTGAGE CORPORATION
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55441
* $ -1,000 1 $ 145,000
RELIANCE STATE BANK
606 BROAD ST
STORY CITY, IA 50248
* $ 226,265,000 1 $ 195,000
PIONEER BANK
320 STADIUM ROAD SUITE 100
MANKATO, MN 56001
* $ 454,144,000 1 $ 225,000
ROUNDPOINT MORTGAGE SERVICING CORPORATION
5016 PARKWAY PLAZA BLVD, BLDGS 6 & 8
CHARLOTTE, NC 28219
* $ -1,000 1 $ 95,000
LENDINGONE, LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ -1,000 1 $ 85,000
GENEVA FINANCIAL, LLC
1018 E. GUADALUPE ROAD
TEMPE, AZ 85283
* $ -1,000 1 $ 65,000
WINGS FINANCIAL
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 5,065,189,000 1 $ 105,000
LINCOLN SAVINGS BANK
301 WASHINGTON ST
CEDAR FALLS, IA 50613
* $ 1,251,526,000 1 $ 85,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 1 $ 105,000
FLANAGAN STATE BANK
301 W FALCON HWY
FLANAGAN, IL 61740
* $ 187,387,000 1 $ 55,000
WILMINGTON SAVINGS FUND SOCIETY, FSB
500 DELAWARE AVENUE
WILMINGTON, DE 19801
* $ 7,183,022,000 1 $ 35,000
TRUSTONE FINANCIAL FEDERAL CREDIT UNION
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ 1,389,689,000 1 $ 75,000
WESTCONSIN CREDIT UNION
444 BROADWAY
MENOMONIE, WI 54751
* $ 1,253,389,000 1 $ 85,000
DITECH FINANCIAL LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 1 $ 165,000
LOWER, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 1 $ 195,000
BMO HARRIS BANK NATIONAL ASSOCIATION
111 W. MONROE
CHICAGO, IL 60603
* $ 123,147,670,000 1 $ 15,000
WATERSTONE MORTGAGE CORPORATION
N25 W23255 PAUL ROAD
PEWAUKEE, WI 53072
* $ -1,000 1 $ 195,000
GUARANTEED RATE AFFINITY, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ -1,000 1 $ 305,000
MARINE
811 MONITOR STREET
LA CROSSE, WI 54603
* $ 753,826,000 1 $ 155,000
FIRST FEDERAL BANK OF KANSAS CITY
6900 EXECUTIVE DR
KANSAS CITY, MO 64120
* $ 820,261,000 1 $ 245,000
INTERCONTINENTAL CAPITAL GROUP, INC
50 JERICHO QUADRANGLE, SUITE 210
JERICHO, NY 11753
* $ -1,000 1 $ 115,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 1 $ 55,000

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 Freeborn County MN in 2019

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 507 $63,915,000 $126,000 $1,085,000 $64,000 $445,000
Cash-out Refinancing 176 $22,120,000 $125,000 $465,000 $67,000 $205,000
Refinancing 163 $21,405,000 $131,000 $575,000 $78,000 $525,000
Home Improvement 68 $3,230,000 $47,000 $205,000 $91,000 $291,000
Other Purpose 59 $5,015,000 $85,000 $505,000 $125,000 $1,781,000
Not Applicable 20 $2,560,000 $128,000 $515,000 $140,000 $140,000

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 746 $89,970,000 $120,000 $1,085,000 $76,000 $1,781,000
Not applicable 97 $11,785,000 $121,000 $515,000 $58,000 $138,000
Not Provided 62 $7,960,000 $128,000 $465,000 $74,000 $432,000
Hispanic 50 $4,730,000 $94,000 $185,000 $44,000 $135,000
Asian 22 $2,030,000 $92,000 $205,000 $39,000 $72,000
Black or African American 9 $915,000 $101,000 $175,000 $40,000 $70,000
American Indian or Alaskan Native 4 $300,000 $75,000 $145,000 $60,000 $85,000
Native Hawaiian or Other Pacific Islander 1 $55,000 $55,000 $55,000 $32,000 $32,000

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) 644 $74,120,000 $115,000 $1,085,000 $83,000 $1,781,000
FHA-insured (Federal Housing Administration) 206 $23,120,000 $112,000 $305,000 $47,000 $143,000
VA-guaranteed (Veterans Administration) 74 $13,490,000 $182,000 $385,000 $71,000 $159,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 69 $7,515,000 $108,000 $245,000 $43,000 $86,000

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 577 $69,145,000 $119,000 $575,000 $75,000 $1,781,000
Application Denied By Financial Institution 175 $17,645,000 $100,000 $405,000 $60,000 $207,000
Application Withdrawn By Applicant 109 $13,105,000 $120,000 $465,000 $76,000 $432,000
Loan Purchased By The Institution 98 $13,060,000 $133,000 $515,000 $65,000 $190,000
File Closed For Incompleteness 22 $2,760,000 $125,000 $345,000 $63,000 $240,000
Application Approved But Not Accepted 12 $2,530,000 $210,000 $1,085,000 $129,000 $445,000
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 774 $95,140,000 $122,000 $1,085,000 $75,000 $1,781,000
Debt-To-Income Ratio 85 $9,945,000 $117,000 $365,000 $65,000 $235,000
Credit History 57 $4,445,000 $77,000 $235,000 $66,000 $200,000
Collateral 36 $4,070,000 $113,000 $405,000 $66,000 $207,000
Other 16 $2,070,000 $129,000 $385,000 $65,000 $159,000
Credit Application Incomplete 14 $1,670,000 $119,000 $245,000 $60,000 $130,000
Unverifiable Information 6 $470,000 $78,000 $125,000 $63,000 $110,000
Employment History 3 $225,000 $75,000 $95,000 $25,000 $42,000
Insufficient Cash (Downpayment, Closing Cost) 2 $210,000 $105,000 $115,000 $67,000 $108,000
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.

Download the Minnesota Lender List