Hubbard County MN
Mortgage Loan Application
Totals and Details
for 2023

Find mortgage statistics and lending data for the Hubbard County MN metro area.
With the lists below, you can explore the total number of mortgage applications and mortgage lending details for 2003-2023.
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 Hubbard 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 2023  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 517
Total Mortgage Loan Application Amount $108,035,000
Average Mortgage Loan Application Amount $208,000
Highest Mortgage Loan Application Amount $1,705,000
Average Applicant Income $130,000
Highest Applicant Income $4,320,000

Mortgage Company List for Lending in Hubbard County MN for 2023

* 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
AFFINITY PLUS
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 4,078,225,000 41 $ 4,155,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 585,135,605,000 24 $ 4,170,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WILMINGTON, DE 91361
* $ -1,000 18 $ 4,650,000
SERVION, INC.
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 17 $ 3,875,000
DISCOVER BANK
12 READS WAY
GREENWOOD, DE 19720
* $ 129,461,046,000 16 $ 840,000
BANK FORWARD
390 WHEAT STREET, PO BOX 100
FARGO, ND 58448
* $ 896,699,000 15 $ 3,295,000
BREMER BANK, NATIONAL ASSOCIATION
372 ST. PETER STREET
ST. PAUL, MN 55102
* $ 15,939,263,000 14 $ 4,160,000
NORTHVIEW BANK
510 MAIN
SANDSTONE, MN 55072
* $ 427,321,000 13 $ 2,745,000
UNITED WHOLESALE MORTGAGE, LLC
1414 EAST MAPLE ROAD
PLYMOUTH, MI 48083
* $ -1,000 13 $ 3,515,000
PLAINS COMMERCE BANK
220 MAIN ST
SIOUX FALLS, SD 57450
* $ 1,054,618,000 12 $ 2,600,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
AUSTIN, TX 53718
* $ -1,000 12 $ 2,340,000
MERCHANTS BANK, NATIONAL ASSOCIATION
102 EAST THIRD STREET
WINONA, MN 55987
* $ 2,576,574,000 12 $ 3,010,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
SIOUX FALLS, SD 27150
* $ 1,717,531,000,000 11 $ 2,565,000
BELL BANK
3100 13TH AVE S
FARGO, ND 58103
* $ 12,493,973,000 11 $ 2,185,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
WILMINGTON, DE 19462
* $ -1,000 10 $ 1,790,000
RIVERWOOD BANK
14540 DELLWOOD DR PO BOX 2947
BAXTER, MN 56425
* $ 587,264,000 9 $ 1,635,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
SAINT LOUIS, MO 65203
* $ -1,000 9 $ 2,225,000
DEERWOOD BANK
21236 ARCHIBALD ROAD
WAITE PARK, MN 56444
* $ 1,037,836,000 9 $ 1,805,000
FLAGSTAR BANK, N.A.
5151 CORPORATE DRIVE
HICKSVILLE, NY 48098
* $ 90,036,656,000 8 $ 1,440,000
NEW AMERICAN FUNDING, LLC
14511 MYFORD ROAD, SUITE 100
DOVER, DE 92780
* $ -1,000 8 $ 1,870,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
PEACHTREE CORNER, GA 30305
* $ -1,000 7 $ 2,035,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
DOVER, DE 92610
* $ -1,000 7 $ 925,000
GATE CITY BANK
500 2ND AVE N
FARGO, ND 58102
* $ 3,392,287,000 7 $ 2,565,000
COASTAL COMMUNITY BANK
PO BOX 12220
EVERETT, WA 98206
* $ 3,141,703,000 7 $ 185,000
WINGS FINANCIAL CREDIT UNION
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 8,422,113,000 6 $ 940,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 110,900,000,000 5 $ 1,425,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
CHARLOTTE, NC 91361
* $ 2,418,508,000,000 4 $ 190,000
FIGURE LENDING LLC
15720 BRIXHAM HILL AVE, SUITE 300
WILMINGTON, DE 28277
* $ -1,000 4 $ 220,000
TRUSTONE FINANCIAL CREDIT UNION
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ 4,614,668,000 4 $ 950,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
DOVER, DE 20759
* $ -1,000 4 $ 1,030,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
WILMINGTON, DE 60613
* $ -1,000 4 $ 920,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WILMINGTON, DE 91367
* $ -1,000 4 $ 1,050,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
MT LAUREL, NJ 46037
* $ -1,000 3 $ 835,000
ALERUS FINANCIAL, NATIONAL ASSOCIATION
PO BOX 6001
GRAND FORKS, ND 58206
* $ 3,778,066,000 3 $ 745,000
SPIRE CREDIT UNION
2025 LARPENTEUR AVE W
FALCON HEIGHTS, MN 55113
* $ 2,119,023,000 3 $ 395,000
PROSPERITY HOME MORTGAGE, LLC
14501 GEORGE CARTER WAY SUITE 300
GLEN ALLEN, VA 20151
* $ -1,000 3 $ 715,000
TOWN AND COUNTRY CREDIT UNION
615 S BROADWAY ST
MINOT, ND 58701
* $ 635,992,000 3 $ 705,000
CAPITAL
PO BOX 2096
BISMARCK, ND 58502
* $ 724,151,000 3 $ 1,125,000
PENTAGON FEDERAL CREDIT UNION
7940 JONES BRANCH DRIVE
MCLEAN, VA 22102
* $ 35,526,360,000 3 $ 685,000
LUMINATE HOME LOANS, INC.
7760 FRANCE AVE S, STE 1010
ROSEVILLE, MN 55435
* $ -1,000 3 $ 705,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
WILMINGTON, DE 75019
* $ -1,000 3 $ 625,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
COLUMBUS, OH 44131
* $ -1,000 3 $ 495,000
CLICK N' CLOSE, INC.
15301 SPECTRUM DRIVE, SUITE 405
ROCKY RIVER, OH 75001
* $ -1,000 3 $ 555,000
GUARANTEED RATE AFFINITY, LLC
1800 WEST LARCHMONT AVE
WILMINGTON, DE 60613
* $ -1,000 3 $ 625,000
TOPLINE FINANCIAL CREDIT UNION
9353 JEFFERSON HWY
MAPLE GROVE, MN 55369
* $ 737,394,000 2 $ 650,000
FIRST INTERNATIONAL BANK & TRUST
1600 S BDWAY
WATFORD CITY, ND 58701
* $ 4,910,204,000 2 $ 990,000
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC
700 EAST GATE DRIVE, SUITE 400
WILMINGTON, DE 08054
* $ -1,000 2 $ 420,000
PLANET HOME LENDING, LLC
321 RESEARCH PARKWAY STE 300
WILMINGTON, DE 06540
* $ -1,000 2 $ 650,000
SUMMIT MORTGAGE CORPORATION
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55441
* $ -1,000 2 $ 540,000
CROSSCOUNTRY MORTGAGE, LLC
6850 MILLER RD
WILMINGTON, DE 44141
* $ -1,000 2 $ 530,000
BMO BANK NATIONAL ASSOCIATION
111 W. MONROE
CHICAGO, IL 60603
* $ 176,980,258,000 2 $ 110,000
NEXBANK
2515 MCKINNEY AVENUE, SUITE 1100
DALLAS, TX 75201
* $ 14,304,653,000 2 $ 760,000
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 182,325,674,000 2 $ 120,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 34,681,050,000 2 $ 230,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
WILMINGTON, DE 33146
* $ -1,000 2 $ 390,000
AMERICAN FEDERAL BANK
215 N 5TH ST
FARGO, ND 58102
* $ 711,527,000 2 $ 510,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 2 $ 450,000
PIONEER BANK
320 STADIUM ROAD SUITE 100
MAPLETON, MN 56001
* $ 824,512,000 2 $ 570,000
FIRST NATIONAL BANK OF OMAHA
1620 DODGE STREET
OMAHA, NE 68197
* $ 28,274,145,000 2 $ 620,000
ANGEL OAK MORTGAGE SOLUTIONS LLC
980 HAMMOND DRIVE, SUITE 850
WILMINGTON, DE 30328
* $ -1,000 2 $ 330,000
FREEPORT STATE BANK
111 MAIN ST E
FREEPORT, MN 56331
* $ 152,611,000 2 $ 150,000
FRANDSEN BANK & TRUST
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 3,163,444,000 2 $ 520,000
BETTER MORTGAGE CORPORATION
459 BROADWAY, FLOOR 5
GLENDALE, CA 10013
* $ -1,000 2 $ 420,000
CONSUMER REAL ESTATE FINANCE CO.
330 SW 2ND ST #111
LOXAHATCHEE, FL 33312
* $ -1,000 2 $ 480,000
FIRST WESTERN BANK & TRUST
900 SOUTH BROADWAY
MINOT, ND 58701
* $ 2,022,880,000 2 $ 380,000
BARRINGTON BANK & TRUST COMPANY, NATIONAL ASSOCIATION
201 S. HOUGH STREET
BARRINGTON, IL 60010
* $ 3,765,608,000 2 $ 370,000
IXONIA BANK
W1046 MARIETTA AVE
IXONIA, WI 53036
* $ 607,423,000 1 $ 185,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SACRAMENTO, CA 92121
* $ -1,000 1 $ 245,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
WILMINGTON, DE 15222
* $ 552,307,127,000 1 $ 55,000
CHOICE FINANCIAL GROUP
4501 23RD AVE S
FARGO, ND 58104
* $ 4,229,093,000 1 $ 225,000
LOWER, LLC
5950 SYMPHONY WOODS DRIVE
LUTHERVILLE, MD 21044
* $ -1,000 1 $ 185,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
WILMINGTON, DE 92806
* $ -1,000 1 $ 295,000
CENTRAL BANK
600 LAKE AVENUE
STORM LAKE, IA 50588
* $ 1,964,850,000 1 $ 125,000
GREENSTATE CREDIT UNION
2355 LANDON RD
NORTH LIBERTY, IA 52317
* $ 11,283,366,000 1 $ 425,000
HIWAY CREDIT UNION
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 1,740,477,000 1 $ 25,000
ZILLOW HOME LOANS, LLC
10975 EL MONTE ST
WICHITA, KS 66211
* $ -1,000 1 $ 205,000
FIRST COMMUNITY CREDIT UNION
111 9TH ST SW
JAMESTOWN, ND 58401
* $ 1,195,944,000 1 $ 195,000
CAZLE MORTGAGE, INC.
3 E HENRIETTA ST
BALTIMORE, MD 21220
* $ -1,000 1 $ 295,000
TRUIST BANK
3100 SMOKETREE CT FL 5
CHARLOTTE, NC 27604
* $ 546,228,000,000 1 $ 375,000
NBKC BANK
8320 WARD PARKWAY
KANSAS, KS 64114
* $ 1,052,701,000 1 $ 355,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 1 $ 165,000
FINANCE OF AMERICA REVERSE LLC
8023 EAST 63RD PLACE, SUITE 700
WILMINGTON, DE 74133
* $ -1,000 1 $ 45,000
BORDER BANK
4530 17TH AVENUE SOUTH
FARGO, ND 58103
* $ 885,269,000 1 $ 475,000
FIRST STATE BANK
423 BROADWAY
BUXTON, ND 58218
* $ 346,040,000 1 $ 255,000
GO MORTGAGE, LLC
15430 W CAPITOL DRIVE
WILMINGTON, DE 53005
* $ -1,000 1 $ 185,000
ST. CLOUD FINANCIAL
3030 1ST ST S
ST. CLOUD, MN 56301
* $ 326,767,000 1 $ 145,000
WOODLANDS NATIONAL BANK
122 EAST MAIN STREET P.O. BOX 190
HINCKLEY, MN 55037
* $ 336,354,000 1 $ 55,000
PEOPLES STATE BANK OF PLAINVIEW
100 4TH AVE SE
PLAINVIEW, MN 55964
* $ 350,059,000 1 $ 185,000
CRESCENT MORTGAGE COMPANY
6600 PEACHTREE DUNWOODY ROAD SUITE 650
WILMINGTON, DE 30328
* $ -1,000 1 $ 205,000
TEACHERS FEDERAL CREDIT UNION
102 MOTOR PARKWAY
HAUPPAUGE, NY 11788
* $ 9,280,218,000 1 $ 35,000
LAKE CENTRAL BANK
40 CHESTNUT STREET WEST
ANNANDALE, MN 55302
* $ 206,645,000 1 $ 535,000
OLD NATIONAL BANK
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 46,490,438,000 1 $ 535,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 156,645,099,000 1 $ 215,000
KIND LENDING, LLC
9931 CORPORATE CAMPUS DR, STE 1200
LEXINGTON, KY 40223
* $ -1,000 1 $ 255,000
BANK OF ENGLAND
PO BOX 70
ENGLAND, AR 72046
* $ 441,843,000 1 $ 305,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SACRAMENTO, CA 94583
* $ -1,000 1 $ 115,000
NEW MARKET BANK
101 OLD TOWN RD
ELKO NEW MARKET, MN 55054
* $ 188,657,000 1 $ 265,000
MEMBERS COOPERATIVE
4628 MIKE COLALILLO DR
DULUTH, MN 55807
* $ 1,152,301,000 1 $ 175,000
CITIZENS BANK MINNESOTA
105 NORTH MINNESOTA STREET
NEW ULM, MN 56073
* $ 581,176,000 1 $ 215,000
ARMED FORCES BANK, NATIONAL ASSOCIATION
1111 MAIN ST SUITE 1600
KANSAS CITY, MO 64105
* $ 1,208,483,000 1 $ 145,000
AMERICAN NATIONAL BANK OF MINNESOTA
1920 SOUTH SIXTH STREET
BAXTER, MN 56401
* $ 451,321,000 1 $ 115,000
LIBERTY BANK MINNESOTA
111 7TH AVE S
ST. CLOUD, MN 56301
* $ 290,367,000 1 $ 215,000
AMERICAN PACIFIC MORTGAGE CORPORATION
3000 LAVA RIDGE COURT, SUITE 200
SACRAMENTO, CA 95661
* $ -1,000 1 $ 455,000
DACOTAH BANK
308 S MAIN STREET, PO BOX 1210
ABERDEEN, SD 57102
* $ 3,589,007,000 1 $ 635,000
MIDWESTONE BANK
102 SOUTH CLINTON STREET
IOWA CITY, IA 52240
* $ 6,574,512,000 1 $ 275,000
DRAPER AND KRAMER MORTGAGE CORP.
1431 OPUS PLACE SUITE 200
WILMINGTON, DE 60515
* $ -1,000 1 $ 285,000
CENTIER BANK
600 E 84TH AVENUE
WHITING, IN 46410
* $ 6,722,761,000 1 $ 75,000
EVERETT FINANCIAL, INC.
14801 QUORUM DRIVE, SUITE 300
AUSTIN, TX 75254
* $ -1,000 1 $ 165,000
ALLIED FIRST BANK,SB
3201 ORCHARD RD
OSWEGO, IL 60543
* $ 389,402,000 1 $ 245,000
MUTUAL OF OMAHA MORTGAGE, INC.
3131 CAMINO DEL RIO N 190
WILMINGTON, DE 92108
* $ -1,000 1 $ 115,000
AGCOUNTRY FARM CREDIT SERVICES, FLCA
1900 44TH ST S - PO BOX 6020
FARGO, ND 58108
* $ -1,000 1 $ 455,000
SWBC MORTGAGE CORPORATION
9311 SAN PEDRO AVENUE STE 100
SAN ANTONIO, TX 78216
* $ -1,000 1 $ 385,000
UNIVERSITY OF WISCONSIN CREDIT UNION
3500 UNIVERSITY AVE
MADISON, WI 53705
* $ 5,145,209,000 1 $ 175,000
MAGNIFI FINANCIAL CREDIT UNION
1140 ELM STREET
MELROSE, MN 56374
* $ 2,123,114,000 1 $ 35,000
COMMUNITY RESOURCE BANK
1605 HERITAGE DRIVE
NORTHFIELD, MN 55057
* $ 375,385,000 1 $ 365,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
SACRAMENTO, PA 28273
* $ -1,000 1 $ 455,000
THIRD FEDERAL SAVINGS AND LOAN ASSOCIATION OF CLEVELAND
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ 16,117,865,000 1 $ 145,000
FIRST FEDERAL BANK
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 3,765,448,000 1 $ 305,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,201,942,000,000 1 $ 155,000
LUMENT REAL ESTATE CAPITAL, LLC
10 W BROAD STREET, 8TH FLOOR
DOVER, DE 43215
* $ -1,000 1 $ 1,705,000
AMERICAN FINANCING CORPORATION
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 205,000
MORTGAGE SOLUTIONS OF COLORADO, LLC
MORTGAGE SOLUTIONS OF COLORADO
LITTLETON, CO 80918
* $ -1,000 1 $ 85,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
WILMINGTON, DE 11747
* $ -1,000 1 $ 245,000
OCMBC, INC.
19000 MACARTHUR BLVD, SUITE 200
GLENDALE, CA 92612
* $ -1,000 1 $ 255,000
BOKF, NATIONAL ASSOCIATION
ONE WEST 3RD, 5TH FL
TULSA, OK 74103
* $ 47,596,192,000 1 $ 465,000
MINNWEST BANK
300 S WASHINGTON
REDWOOD FALLS, MN 56283
* $ 2,847,684,000 1 $ 325,000
MAGNOLIA BANK, INCORPORATED
794 OLD ELIZABETHTOWN RD
MAGNOLIA, KY 42748
* $ 450,910,000 1 $ 255,000
WESTERN STATE BANK
755 13TH AVE E
DEVILS LAKE, ND 58108
* $ 1,761,840,000 1 $ 235,000

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 Hubbard County MN in 2023

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 280 $73,460,000 $262,000 $1,295,000 $130,000 $734,000
Cash-out Refinancing 87 $17,355,000 $199,000 $555,000 $94,000 $420,000
Other Purpose 74 $5,130,000 $69,000 $305,000 $111,000 $909,000
Refinancing 42 $9,260,000 $220,000 $1,705,000 $280,000 $4,320,000
Home Improvement 33 $2,695,000 $81,000 $395,000 $103,000 $280,000
Not Applicable 1 $135,000 $135,000 $135,000 $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 412 $86,070,000 $208,000 $1,295,000 $135,000 $4,320,000
Not Provided 44 $8,120,000 $184,000 $705,000 $100,000 $332,000
Not applicable 27 $8,325,000 $308,000 $1,705,000 $305,000 $305,000
Hispanic 18 $3,130,000 $173,000 $315,000 $80,000 $225,000
American Indian or Alaskan Native 11 $1,825,000 $165,000 $535,000 $158,000 $672,000
Asian 2 $150,000 $75,000 $95,000 $56,000 $69,000
Black or African American 2 $290,000 $145,000 $195,000 $133,000 $215,000
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) 404 $83,130,000 $205,000 $1,705,000 $144,000 $4,320,000
FHA-insured (Federal Housing Administration) 67 $12,465,000 $186,000 $475,000 $72,000 $261,000
VA-guaranteed (Veterans Administration) 43 $11,785,000 $274,000 $575,000 $87,000 $171,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 3 $655,000 $218,000 $245,000 $80,000 $87,000

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 319 $72,855,000 $228,000 $1,705,000 $136,000 $1,209,000
Application Denied By Financial Institution 73 $9,315,000 $127,000 $425,000 $81,000 $242,000
Application Withdrawn By Applicant 58 $12,770,000 $220,000 $635,000 $185,000 $4,320,000
Loan Purchased By The Institution 30 $7,590,000 $253,000 $565,000 $89,000 $305,000
File Closed For Incompleteness 28 $4,340,000 $155,000 $425,000 $99,000 $420,000
Application Approved But Not Accepted 6 $440,000 $73,000 $185,000 $108,000 $225,000
Preapproval Denied by Financial Institution 2 $450,000 $225,000 $245,000 $58,000 $71,000
Preapproval Approved but not Accepted 1 $275,000 $275,000 $275,000 $120,000 $120,000

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 433 $95,735,000 $221,000 $1,705,000 $136,000 $4,320,000
Collateral 26 $3,810,000 $146,000 $425,000 $81,000 $169,000
Debt-To-Income Ratio 24 $4,030,000 $167,000 $535,000 $139,000 $1,209,000
Credit History 14 $1,260,000 $90,000 $245,000 $100,000 $242,000
Credit Application Incomplete 10 $1,770,000 $177,000 $395,000 $67,000 $130,000
Other 4 $700,000 $175,000 $255,000 $57,000 $69,000
Unverifiable Information 4 $480,000 $120,000 $175,000 $73,000 $158,000
Employment History 1 $115,000 $115,000 $115,000 $147,000 $147,000
Insufficient Cash (Downpayment, Closing Cost) 1 $135,000 $135,000 $135,000 $210,000 $210,000
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