Freeborn County MN
Mortgage Loan Application
Totals and Details
for 2022

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 996
Total Mortgage Loan Application Amount $140,110,000
Average Mortgage Loan Application Amount $140,000
Highest Mortgage Loan Application Amount $1,935,000
Average Applicant Income $78,000
Highest Applicant Income $1,608,000

Mortgage Company List for Lending in Freeborn County MN for 2022

* 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
* $ 564,154,604,000 130 $ 14,620,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 100 $ 15,230,000
HOME FEDERAL SAVINGS BANK
1016 CIVIC CENTER DR NW
ROCHESTER, MN 55901
* $ 1,068,836,000 97 $ 9,745,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 62 $ 8,280,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,779,504,000,000 51 $ 6,415,000
MANUFACTURERS BANK & TRUST COMPANY
245 EAST J ST, PO BOX 450
FOREST CITY, IA 50436
* $ 690,030,000 25 $ 3,365,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ -1,000 25 $ 3,995,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ -1,000 24 $ 5,190,000
COMPEER FINANCIAL, FLCA
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ -1,000 19 $ 3,685,000
LAND HOME FINANCIAL SERVICES, INC.
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ -1,000 18 $ 2,570,000
CITIZENS COMMUNITY FEDERAL NATIONAL ASSOCIATION
219 FAIRFAX STREET
ALTOONA, WI 54720
* $ 1,739,119,000 17 $ 2,645,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 15 $ 725,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 14 $ 1,620,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 13 $ 2,645,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 13 $ 1,935,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ -1,000 12 $ 2,950,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ -1,000 12 $ 1,460,000
MUTUAL OF OMAHA MORTGAGE, INC
3131 CAMINO DEL RIO N 190
SAN DIEGO, CA 92108
* $ -1,000 11 $ 1,235,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 16,855,693,000 11 $ 1,825,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ -1,000 10 $ 1,190,000
BELL BANK
3100 13TH AVE S
FARGO, ND 58103
* $ 9,729,918,000 10 $ 2,300,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 108,342,526,000 10 $ 470,000
AFFINITY PLUS
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 3,746,301,000 10 $ 780,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ -1,000 9 $ 1,585,000
BREMER BANK, NATIONAL ASSOCIATION
372 ST. PETER STREET
ST. PAUL, MN 55102
* $ 16,499,164,000 9 $ 3,005,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 8 $ 1,310,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 8 $ 1,280,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 8 $ 1,450,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ -1,000 8 $ 1,040,000
TOWNE MORTGAGE COMPANY
2170 E. BIG BEAVER ROAD, SUITE A
TROY, MI 48083
* $ -1,000 7 $ 1,005,000
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 173,414,362,000 7 $ 905,000
NETWORK CAPITAL FUNDING CORPORATION
5 PARK PLAZA #800
IRVINE, CA 92614
* $ -1,000 6 $ 620,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ -1,000 6 $ 1,040,000
TRUSTONE FINANCIAL FEDERAL CREDIT UNION
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ 3,979,767,000 5 $ 275,000
MINNWEST BANK
300 S WASHINGTON
REDWOOD FALLS, MN 56283
* $ 2,704,195,000 5 $ 895,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 153,432,983,000 5 $ 745,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ -1,000 5 $ 785,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ -1,000 5 $ 595,000
IOWA BANKERS MORTGAGE CORPORATION
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ -1,000 5 $ 1,065,000
MERCHANTS BANK, NATIONAL ASSOCIATION
102 EAST THIRD STREET
WINONA, MN 55987
* $ 2,820,664,000 5 $ 635,000
PLANET HOME LENDING, LLC
321 RESEARCH PARKWAY STE 300
MERIDEN, CT 06540
* $ -1,000 4 $ 830,000
HOMETOWN BANK
1000 EAST COOK STREET
REDWOOD FALLS, MN 56283
* $ 523,774,000 4 $ 430,000
ALTRA
1700 OAK FOREST DRIVE
ONALASKA, WI 54650
* $ 2,190,390,000 4 $ 320,000
ROYAL CREDIT UNION
200 RIVERFRONT TERRACE
EAU CLAIRE, WI 54703
* $ 4,046,578,000 4 $ 450,000
SUMMIT MORTGAGE CORPORATION
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55441
* $ -1,000 4 $ 480,000
ANGEL OAK MORTGAGE SOLUTIONS LLC
980 HAMMOND DRIVE, SUITE 850
ATLANTA, GA 30328
* $ -1,000 3 $ 275,000
FRANDSEN BANK & TRUST
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 2,730,710,000 3 $ 1,095,000
SERVION, INC.
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 3 $ 275,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ -1,000 3 $ 575,000
AMERICAN FINANCING CORPORATION
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 3 $ 355,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ -1,000 3 $ 185,000
LEND SMART MORTGAGE, LLC
3450 LEXINGTON AVE N
SHOREVIEW, MN 55126
* $ -1,000 3 $ 645,000
THE FIRST NATIONAL BANK OF MOOSE LAKE
20 HARTMAN DR
MOOSE LAKE, MN 55767
* $ 127,752,000 3 $ 205,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,306,982,000,000 2 $ 170,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 32,127,026,000 2 $ 180,000
SPRING EQ, LLC
2929 ARCH ST
PHILADELPHIA, PA 19104
* $ -1,000 2 $ 180,000
PREMIA MORTGAGE, LLC
5480 CORPORATE DRIVE SUITE 240
TROY, MI 48098
* $ -1,000 2 $ 370,000
WINGS FINANCIAL
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 7,846,662,000 2 $ 170,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 2 $ 150,000
ZILLOW HOME LOANS, LLC
10975 EL MONTE ST
OVERLAND PARK, KS 66211
* $ -1,000 2 $ 220,000
MARINE
811 MONITOR STREET
LA CROSSE, WI 54603
* $ 1,046,374,000 2 $ 150,000
AIM CREDIT UNION
1200 ASSOCIATES DR STE 102
DUBUQUE, IA 52002
* $ 165,623,000 2 $ 240,000
CAMBRIA FINANCIAL GROUP, LLC
11000 W 78TH STREET, SUITE 300
EDEN PRAIRIE, MN 55344
* $ -1,000 2 $ 210,000
FIFTH THIRD BANK, NATIONAL ASSOCIATION
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 209,696,785,000 2 $ 420,000
KIAVI FUNDING, INC
315 MONTGOMERY STREET 16TH FLOOR
SAN FRANCISCO, CA 94104
* $ -1,000 2 $ 220,000
PROSPERITY HOME MORTGAGE, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 2 $ 700,000
AMERICAN PORTFOLIO MORTGAGE CORPORATION
800 E NORTHWEST HIGHWAY SUITE 821
PALATINE, IL 60074
* $ -1,000 2 $ 250,000
MORTGAGES UNLIMITED INC.
7365 KIRKWOOD COURT NORTH SUITE 300
MAPLE GROVE, MN 55113
* $ -1,000 2 $ 230,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 2 $ 190,000
BAY EQUITY LLC
28 LIBERTY SHIPWAY SUITE 2800
SAUSALITO, CA 94965
* $ -1,000 2 $ 220,000
HIWAY
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 1,671,091,000 2 $ 60,000
FIRSTBANK
11 CHANNING WAY
JACKSON, TN 38305
* $ 12,582,271,000 2 $ 570,000
EVERETT FINANCIAL, INC.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 1 $ 315,000
MAYO EMPLOYEES FEDERAL CREDIT UNION
130 23RD AVE SW
ROCHESTER, MN 55902
* $ 1,406,857,000 1 $ 35,000
FORESIGHT BANK
138 WEST BROADWAY
PLAINVIEW, MN 55964
* $ 308,678,000 1 $ 85,000
V.I.P. MORTGAGE, INC.
9221 E VIA DE VENTURA
SCOTTSDALE, AZ 85258
* $ -1,000 1 $ 85,000
NATIONS RELIABLE LENDING, LLC
2506 W MAIN STREET
HOUSTON, TX 77056
* $ -1,000 1 $ 165,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ -1,000 1 $ 135,000
BARRINGTON BANK & TRUST COMPANY, N.A.
201 S. HOUGH STREET
BARRINGTON, IL 60010
* $ 3,348,940,000 1 $ 175,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 1 $ 125,000
FIRST NATIONAL BANK
125 WEST SIOUX AVE
PIERRE, SD 57501
* $ 1,668,615,000 1 $ 235,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 2,519,525,000,000 1 $ 55,000
RUOFF MORTGAGE COMPANY, INC.
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 1 $ 85,000
CAKE MORTGAGE CORP
9200 OAKDALE AVE STE 501
CHATSWORTH, CA 91311
* $ -1,000 1 $ 135,000
PLAINS COMMERCE BANK
220 MAIN ST
HOVEN, SD 57450
* $ 1,046,473,000 1 $ 545,000
MASON MCDUFFIE MORTGAGE CORPORATION
2010 CROW CANYON PLACE, #400
SAN RAMON, CA 94583
* $ -1,000 1 $ 85,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ -1,000 1 $ 545,000
GUARANTY HOME MORTGAGE CORPORATION
316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 1 $ 305,000
COMMUNITY RESOURCE BANK
1605 HERITAGE DRIVE
NORTHFIELD, MN 55057
* $ 351,008,000 1 $ 75,000
MEGASTAR FINANCIAL CORP.
1080 CHEROKEE STREET
DENVER, CO 80205
* $ -1,000 1 $ 245,000
LADERA LENDING, INC.
555 CORPORATE DRIVE SUITE 215
LADERA RANCH, CA 92694
* $ -1,000 1 $ 125,000
BANKERS' BANK
7700 MINERAL POINT RD
MADISON, WI 53717
* $ 1,432,330,000 1 $ 95,000
AXIA FINANCIAL, LLC
1120 112TH AVE NE STE 600
BELLEVUE, WA 98004
* $ -1,000 1 $ 265,000
PRIMARY RESIDENTIAL MORTGAGE, INC.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 1 $ 65,000
GATE CITY BANK
500 2ND AVE N
FARGO, ND 58102
* $ 3,168,170,000 1 $ 115,000
USALLIANCE FEDERAL CREDIT UNION
411 THEODORE FREMD AVE, SUITE 350
RYE, NY 10580
* $ 2,230,007,000 1 $ 145,000
FAY SERVICING, LLC
400 S. LA SALLE STREET, STE 2000
CHICAGO, IL 60605
* $ -1,000 1 $ 145,000
SG CAPITAL PARTNERS LLC
750 WASHINGTON BLVD
STAMFORD, CT 06901
* $ -1,000 1 $ 345,000
GSF MORTGAGE CORPORATION
15430 W CAPITOL DRIVE
BROOKFIELD, WI 53005
* $ -1,000 1 $ 495,000
GUARANTEED RATE AFFINITY, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ -1,000 1 $ 255,000
MANUFACTURERS AND TRADERS TRUST COMPANY
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14210
* $ 154,617,469,000 1 $ 95,000
LAKEVIEW COMMUNITY CAPITAL, LLC
4425 PONE DE LEON BLVD, MS 5-251
CORAL GABLES, FL 33146
* $ -1,000 1 $ 175,000
AMERICAN INVESTORS BANK AND MORTGAGE
6385 OLD SHADY OAK ROAD, SUITE #110
EDEN PRAIRIE, MN 55344
* $ 94,923,000 1 $ 15,000
AMERICAN FINANCIAL NETWORK, INC.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 1 $ 155,000
NORTH AMERICAN SAVINGS BANK, F.S.B.
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 2,177,145,000 1 $ 115,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 528,514,000,000 1 $ 225,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,669,227,000,000 1 $ 185,000
NORTHPOINTE BANK
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 4,726,840,000 1 $ 105,000
THE FEDERAL SAVINGS BANK
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60607
* $ 796,563,000 1 $ 205,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 1 $ 455,000
RESULTS MORTGAGE, LLC
11200 WEST 78TH STREET, SUITE 50
EDEN PRAIRIE, MN 55344
* $ -1,000 1 $ 225,000
SOVEREIGN LENDING GROUP INCORPORATED
3540 HOWARD WAY STE # 200
COSTA MESA, CA 92626
* $ -1,000 1 $ 175,000
NEBRASKA BANK OF COMMERCE
6000 VILLAGE DRIVE, STE 100
LINCOLN, NE 68516
* $ 158,043,000 1 $ 705,000
BANK OF ENGLAND
PO BOX 70
ENGLAND, AR 72046
* $ 547,610,000 1 $ 85,000
ALLY BANK
2101, 300 EAST REXFORD RD
CHARLOTTE, NC 28211
* $ 172,820,000,000 1 $ 225,000
GENISYS
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 4,030,966,000 1 $ 35,000
HOMEPROMISE CORPORATION
60 S WASHINGTON ST, STE 106
GREENCASTLE, PA 17225
* $ -1,000 1 $ 215,000
FLAGSHIP BANK MINNESOTA
711 6TH AVENUE NORTHEAST
ISANTI, MN 55040
* $ 325,748,000 1 $ 175,000
THE BANK OF NEW GLARUS
501 FIRST STREET PO BOX 129
NEW GLARUS, WI 53574
* $ 429,385,000 1 $ 115,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 551,902,526,000 1 $ 35,000
KELLER MORTGAGE, LLC
4725 LAKEHURST CT SUITE 400
DUBLIN, OH 43016
* $ -1,000 1 $ 225,000
MOVEMENT MORTGAGE, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 1 $ 105,000
CONSUMERS
PO BOX 525
OSHTEMO, MI 49077
* $ 1,803,219,000 1 $ 15,000

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 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 536 $86,040,000 $160,000 $1,935,000 $76,000 $1,467,000
Cash-out Refinancing 216 $30,570,000 $141,000 $545,000 $75,000 $1,608,000
Refinancing 128 $13,980,000 $109,000 $725,000 $83,000 $916,000
Other Purpose 57 $5,335,000 $93,000 $495,000 $75,000 $320,000
Home Improvement 53 $3,855,000 $72,000 $705,000 $103,000 $1,219,000
Not Applicable 6 $330,000 $55,000 $85,000 $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 682 $95,910,000 $140,000 $1,935,000 $81,000 $1,608,000
Not Provided 107 $15,245,000 $142,000 $465,000 $79,000 $1,219,000
Not applicable 106 $16,260,000 $153,000 $775,000 $94,000 $131,000
Hispanic 56 $6,910,000 $123,000 $545,000 $60,000 $240,000
Asian 22 $2,810,000 $127,000 $465,000 $56,000 $246,000
Black or African American 12 $1,630,000 $135,000 $215,000 $59,000 $112,000
American Indian or Alaskan Native 2 $220,000 $110,000 $175,000 $52,000 $85,000
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) 717 $96,065,000 $133,000 $1,935,000 $84,000 $1,608,000
FHA-insured (Federal Housing Administration) 189 $27,515,000 $145,000 $335,000 $57,000 $176,000
VA-guaranteed (Veterans Administration) 64 $12,590,000 $196,000 $455,000 $70,000 $188,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 26 $3,940,000 $151,000 $315,000 $52,000 $82,000

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 571 $83,685,000 $146,000 $1,935,000 $80,000 $1,467,000
Application Denied By Financial Institution 147 $15,895,000 $108,000 $605,000 $65,000 $1,219,000
Application Withdrawn By Applicant 127 $18,725,000 $147,000 $545,000 $90,000 $1,608,000
Loan Purchased By The Institution 94 $14,960,000 $159,000 $545,000 $121,000 $368,000
File Closed For Incompleteness 44 $4,670,000 $106,000 $305,000 $55,000 $187,000
Application Approved But Not Accepted 11 $1,595,000 $145,000 $505,000 $69,000 $191,000
Preapproval Approved but not Accepted 2 $580,000 $290,000 $445,000 $247,000 $415,000
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 846 $123,350,000 $145,000 $1,935,000 $81,000 $1,608,000
Credit History 42 $3,530,000 $84,000 $235,000 $60,000 $240,000
Debt-To-Income Ratio 39 $4,845,000 $124,000 $705,000 $47,000 $157,000
Collateral 25 $2,815,000 $112,000 $605,000 $62,000 $180,000
Credit Application Incomplete 20 $2,530,000 $126,000 $245,000 $112,000 $1,219,000
Other 10 $1,190,000 $119,000 $235,000 $87,000 $154,000
Unverifiable Information 6 $820,000 $136,000 $275,000 $86,000 $200,000
Employment History 6 $670,000 $111,000 $185,000 $19,000 $32,000
Insufficient Cash (Downpayment, Closing Cost) 2 $360,000 $180,000 $325,000 $81,000 $122,000
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