Koochiching County MN
Mortgage Loan Application
Totals and Details
for 2005

Find mortgage statistics and lending data for the Koochiching 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 Koochiching 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 709
Total Mortgage Loan Application Amount $64,591,000
Average Mortgage Loan Application Amount $91,000
Highest Mortgage Loan Application Amount $438,000
Average Applicant Income $55,000
Highest Applicant Income $1,200,000

Mortgage Company List for Lending in Koochiching County MN for 2005

* 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
WELLS FARGO BANK, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 366,256,000,000 121 $ 7,168,000
CUNA MUTUAL MORTGAGE CORPORATI
2908 MARKETPLACE DRIVE SUITE 100
MADISON, WI 53719
* $ 10,000,000 75 $ 8,684,000
AMERIQUEST MORTGAGE COMPANY
1100 TOWN & COUNTRY ROAD
ORANGE, CA 92868
* $ 10,000,000 42 $ 4,614,000
MERCHANTS BANK, NATIONAL ASSOCIATION
102 EAST THIRD STREET
WINONA, MN 55987
* $ 483,291,000 38 $ 4,080,000
COUNTRYWIDE HOME LOANS
30930 RUSSELL RANCH ROAD MS WLRR-148
WESTLAKE VILLAGE, CA 91362
* $ 128,495,705,000 24 $ 2,155,000
TOWN & COUNTRY CREDIT
2010 MAIN STREET, SUITE 800
IRVINE, CA 92614
* $ 10,000,000 19 $ 1,610,000
WELLS FARGO FIN'L MINNESOTA
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 365,471,000 17 $ 798,000
NETBANK FUNDINGS SERVICES
9710 TWO NOTCH ROAD
COLUMBIA, SC 29223
* $ 4,600,723,000 15 $ 1,529,000
CITIMORTGAGE, INC
850 THIRD AVENUE, 12TH FLOOR
NEW YORK, NY 10022
* $ 59,720,267,000 13 $ 1,383,000
ARGENT MORTGAGE COMPANY
1100 TOWN & COUNTRY
ORANGE, CA 92868
* $ 10,000,000 13 $ 1,006,000
WASHINGTON MUTUAL BANK
227 EAST AVENUE
ALBION, NY 14411
* $ 272,927,502,000 12 $ 1,882,000
GMAC MORTGAGE LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 11 $ 873,000
DELTA FUNDING CORPORATION
1000 WOODBURY ROAD
WOODBURY, NY 11797
* $ 31,000,000 10 $ 994,000
BENEFICIAL COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 500,990,000 10 $ 1,098,000
ABN AMRO MTG GROUP INC
850 THIRD AVENUE, 12TH FLOOR
NEW YORK, NY 10022
* $ 250,000,000 8 $ 1,255,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 8 $ 726,000
RESIDENTIAL FUNDING CORP. LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 8 $ 789,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 7 $ 975,000
OAK STREET MORTGAGE
11555 N MERIDIAN ST
CARMEL, IN 46032
* $ 10,000,000 7 $ 531,000
WELLS FARGO FUNDING, INC
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 7 $ 851,000
JPMORGAN CHASE BANK, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 967,365,000,000 7 $ 582,000
HFC COMPANY LLC
140 INDUSTRIAL DRIVE
ELMHURST, IL 60126
* $ 97,714,234,000 7 $ 424,000
AEGIS LENDING CORPORATION
3250 BRIARPARK DR SUITE 400
HOUSTON, TX 77042
* $ 10,000,000 6 $ 635,000
NATIONAL CITY BANK OF INDIANA
1900 EAST NINTH
CLEVELAND, OH 44114
* $ 28,456,701,000 6 $ 454,000
HOME123 CORPORATION
3351 MICHELSON DRIVE, SUITE 400
IRVINE, CA 92612
* $ 10,000,000 6 $ 1,164,000
IRWIN MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 47037
* $ 4,870,451,000 5 $ 676,000
AURORA BANK FSB
1271 SIXTH AVENUE, 46TH FLOOR
NEW YORK, NY 10020
* $ 19,456,642,000 5 $ 661,000
CHASE MANHATTAN BANK USA, NA
200 WHITE CLAY CENTER DR
NEWARK, DE 19711
* $ 88,743,171,000 5 $ 283,000
CITIFINANCIAL MTG CO, INC
4000 REGENT BLVD
IRVING, TX 75063
* $ 32,424,600,000 4 $ 261,000
CITIFINANCIAL SERVICES INC
300 ST PAUL PLACE
BALTIMORE, MD 21202
* $ 1,484,101,000,000 4 $ 233,000
AMERICAN BANK OF THE NORTH
117 CENTRAL AVENUE
NASHWAUK, MN 55769
* $ 417,090,000 4 $ 278,000
LONG BEACH MORTGAGE CO.
227 EAST AVENUE
ALBION, NY 14411
* $ 10,000,000 4 $ 254,000
M&I BANK FSB
W57N14280 DOERR WAY
CEDARBURG, WI 53012
* $ 1,250,504,000 4 $ 537,000
AAMES FUNDING CORPORATION
15090 AVENUE OF SCIENCE
SAN DIEGO, CA 92128
* $ 10,000,000 4 $ 392,000
HOME LOAN CORPORATION
450 GEARS ROAD, SUITE 600
HOUSTON, TX 77067
* $ 10,000,000 4 $ 175,000
FIRST RESIDENTIAL MORTGAGE
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 4 $ 366,000
EQUIFIRST CORPORATION
13000 S TRYON ST, STE F, PMB 317
CHARLOTTE, NC 28278
* $ 49,210,377,000 4 $ 298,000
EQUITY ONE
9600 WEST BRYN MAWR
ROSEMONT, IL 60018
* $ 19,257,000,000 4 $ 312,000
CALUSA INVESTMENTS, L.L.C.
P.O. BOX 710840
HERNDON, VA 20171
* $ 10,000,000 4 $ 539,000
MILA, INC
6021 244TH ST. SW
MOUNTLAKE TERRACE, WA 98043
* $ 10,000,000 4 $ 575,000
RESMAE MORTGAGE CORPORATION
6 POINTE DRIVE
BREA, CA 92821
* $ 10,000,000 4 $ 230,000
US BANK, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 194,436,638,000 4 $ 611,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 16,675,614,000 4 $ 281,000
SAXON MORTGAGE
4840 COX ROAD
GLEN ALLEN, VA 23060
* $ 10,000,000 3 $ 277,000
NEW CENTURY MORTGAGE CORPORATI
18400 VON KARMAN AVE., SUITE 1000
IRVINE, CA 92612
* $ 10,000,000 3 $ 324,000
GMAC BANK
4 WALNUT GROVE
HORSHAM, PA 19044
* $ 3,880,165,000 3 $ 273,000
MARIBELLA MORTAGE, LLC
3600 MINNESOTA DRIVE, SUITE 650
EDINA, MN 55431
* $ 10,000,000 3 $ 170,000
HOMEFIELD FINANCIAL, INC.
410 EXCHANGE, SUITE 100
IRVINE, CA 92602
* $ 10,000,000 3 $ 364,000
FIRST NLC FINANCIAL SERVICES,
4680 CONFERENCE WAY SOUTH
BOCA RATON, FL 33431
* $ 10,000,000 3 $ 268,000
COLONIAL SAVINGS, F. A.
P. O. BOX 2988
FORT WORTH, TX 76113
* $ 1,063,813,000 3 $ 308,000
DECISION ONE MORTGAGE
26525 N. RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 339,807,228,000 3 $ 161,000
HOME LOAN INVESTMENT BANK
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 250,544,000 3 $ 137,000
HIWAY
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 643,138,000 3 $ 38,000
AEGIS WHOLESALE CORPORATION
3250 BRIARPARK DR SUITE 400
HOUSTON, TX 77042
* $ 10,000,000 3 $ 443,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 3 $ 192,000
COMPEER FINANCIAL, FLCA
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ 10,000,000 3 $ 281,000
AIG FEDERAL SAVINGS BANK
600 N KING STREET, SUITE 2
WILMINGTON, DE 19801
* $ 1,663,205,000 3 $ 220,000
AMERICAN MORTGAGE NETWORK
10421 WATERIDGE CIR STE 250
SAN DIEGO, CA 92121
* $ 10,000,000 3 $ 402,000
CITIBANK, FSB
850 THIRD AVENUE, 12TH FLOOR
NEW YORK, NY 10022
* $ 27,779,034,000 2 $ 81,000
GREAT NORTHERN FINANCIAL GROUP
300 COON RAPIDS BLVD STE 100
COON RAPIDS, MN 55433
* $ 10,000,000 2 $ 143,000
GREEN TREE SERVICING LLC
345 ST. PETER STREET
ST. PAUL, MN 55102
* $ 31,000,000 2 $ 98,000
FLAGSTAR BANK
5151 CORPORATE DR
TROY, MI 48098
* $ 13,102,536,000 2 $ 331,000
FMF CAPITAL LLC
25800 NORTHWESTERN HWY, STE. 500
SOUTHFIELD, MI 48075
* $ 180,821,000 2 $ 155,000
CORINTHIAN MORTGAGE CORP
5750 W 95TH STREET, SUITE 155
OVERLAND PARK, KS 66207
* $ 341,661,000 2 $ 81,000
FIRST CAPITAL GROUP
2405 MCCABE WAY, STE 213
IRVINE, CA 92614
* $ 10,000,000 2 $ 448,000
HOMEOWNERS LOAN CORPORATION
4501 CIRCLE 75 PARKWAY, SUITE D-4300
ATLANTA, GA 30339
* $ 1,840,459,615,000 2 $ 121,000
HSBC MORTGAGE SERVICES, INC.
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 18,823,411,000 2 $ 73,000
MARKETPLACE HOME MORTGAGE, LLC
3600 MINNESOTA DRIVE, SUITE 150
EDINA, MN 55435
* $ 10,000,000 2 $ 183,000
MBNA AMERICA DELAWARE, N.A.
200 N COLLEGE ST NC1-004-04-13
CHARLOTTE, NC 28255
* $ 3,919,502,000 2 $ 322,000
MIDFIRST BANK
501 NW GRAND BLVD.
OKLAHOMA CITY, OK 73118
* $ 9,509,064,000 2 $ 46,000
MORTGAGE NETWORK, INC.
99 CONIFER HILL DR
DANVERS, MA 01923
* $ 3,700,000 2 $ 244,000
OPTION ONE MORTGAGE CORP
6501 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 10,000,000 2 $ 194,000
PARAGON HOME LENDING, LLC
19435 W. CAPITOL DRIVE, SUITE 201
BROOKFIELD, WI 53045
* $ 10,000,000 2 $ 180,000
NOVASTAR MORTGAGE
2114 CENTRAL SUITE 600
KANSAS CITY, MO 64108
* $ 10,000,000 2 $ 160,000
RESIDENTIAL FINANCE CORP.
401 N. FRONT STREET, SUITE 300
COLUMBUS, OH 43215
* $ 17,533,484,000 2 $ 394,000
SUNTRUST MORTGAGE, INC
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 130,780,100,000 2 $ 120,000
WACHOVIA MORTGAGE CORP
301 S COLLEGE ST
CHARLOTTE, NC 28202
* $ 2,687,938,000 2 $ 165,000
WINTRUST MORTGAGE CORPORATION
660 MIDWEST RD SUITE 100
OAK BROOK TERRACE, IL 60181
* $ 300,000,000 1 $ 77,000
THE LENDING CONNECTION, INC
5901 WARNER AVE #478
HUNTINGTON BEACH, CA 92649
* $ 10,000,000 1 $ 110,000
THINK FEDERAL CREDIT UNION
5200 MEMBERS PARKWAY NW
ROCHESTER, MN 55901
* $ 1,145,347,000 1 $ 98,000
UNION FEDERAL C/O SKY BANK
137 CLOUGH ST
BOWLING GREEN, OH 43402
* $ 3,718,770,000 1 $ 109,000
UNITED FINANCIAL MORTGAGE CORP
815 COMMERCE DRIVE SUITE 100
OAK BROOK, IL 60523
* $ 10,000,000 1 $ 80,000
VANDERBILT MORTGAGE
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 1 $ 29,000
US BANK NORTH DAKOTA
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 3,414,446,000 1 $ 132,000
FIREFLY
1400 RIVERWOOD DR
BURNSVILLE, MN 55337
* $ 573,492,000 1 $ 12,000
PNC BANK N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 73,809,165,000 1 $ 50,000
PRINCIPAL BANK
711 HIGH STREET
DES MOINES, IA 50392
* $ 1,218,097,000 1 $ 50,000
STATE FARM BANK
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 10,353,821,000 1 $ 26,000
SUMMIT MORTGAGE
510 INDEPENDENCE PARKWAY, SUITE 200
CHESAPEAKE, VA 23320
* $ 220,267,000 1 $ 27,000
PEOPLE'S CHOICE FINANCIAL CORP
7515 IRVINE CENTER DR.
IRVINE, CA 92618
* $ 10,000,000 1 $ 114,000
NFCU
820 FOLLIN LANE
VIENNA, VA 22180
* $ 22,927,745,000 1 $ 72,000
MORTGAGE IT INC
60 WALL ST
NEW YORK, NY 10005
* $ 10,000,000 1 $ 49,000
MORTGAGE LENDERS NETWORK USA
213 COURT STREET
MIDDLETOWN, CT 06457
* $ 10,000,000 1 $ 72,000
MERRILL LYNCH MORTGAGE LENDING
4 WORLD FINANCIAL CENTER, 12TH FLOOR
NEW YORK, NY 10280
* $ 19,717,040,000 1 $ 51,000
HOMECOMINGS FINANCIAL LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 1 $ 71,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 73,000
IMPAC FUNDING CORP
19500 JAMBOREE ROAD
IRVINE, CA 92612
* $ 10,000,000 1 $ 147,000
INDYMAC BANK, F.S.B.
888 EAST WALNUT ST
PASADENA, CA 91101
* $ 15,675,394,000 1 $ 40,000
FIRST HORIZON HOME LOAN CORP
4000 HORIZON WAY
IRVING, TX 75063
* $ 1,446,000,000 1 $ 38,000
FINANCE AMERICA
745 SEVENTH AVENUE, 24TH FLOOR
NEW YORK, NY 10019
* $ 250,000,000 1 $ 51,000
DISCOVER BANK
502 EAST MARKET STREET
GREENWOOD, DE 19950
* $ 22,030,199,000 1 $ 33,000
E-LOAN, INC.
6230 STONERIDGE MALL ROAD
PLEASANTON, CA 94588
* $ 10,000,000 1 $ 21,000
COUNTRYWIDE BANK, N.A.
35 NORTH LAKE, MS 35-148
PASADENA, CA 91101
* $ 40,963,356,000 1 $ 28,000
CREVECOR MORTGAGE INC
1150 HANLEY INDUSTRIAL CRT
BRENTWOOD, MO 63144
* $ 12,730,945,000 1 $ 45,000
FRANKLIN AMERICAN MORTGAGE CO
501 CORPORATE CENTRE DRIVE, SUITE 400
FRANKLIN, TN 37067
* $ 10,000,000 1 $ 114,000
FREEDOM MORTGAGE CORP.
10500 KINCAID DR. STE. 300
FISHERS, IN 46037
* $ 10,000,000 1 $ 30,000
FREMONT INVESTMENT & LOAN
2727 E. IMPERIAL HIGHWAY
BREA, CA 92821
* $ 9,913,935,000 1 $ 71,000
GE MONEY BANK
4246 SOUTH RIVERBOAT RDCSUITE 200
SALT LAKE CITY, UT 84123
* $ 7,000,000,000 1 $ 72,000
FIRST SOLUTION LENDING, INC.
11332 86TH AVENUE NORTH
MAPLE GROVE, MN 55369
* $ 6,123,000 1 $ 73,000
FIRST TENNESSEE BANK NA
165 MADISON 5TH FLOOR
MEMPHIS, TN 38103
* $ 29,513,702,000 1 $ 37,000
GMFS, LLC
7389 FLORIDA BLVD, STE 200-A
BATON ROUGE, LA 70806
* $ 10,000,000 1 $ 15,000
GREENLIGHT FINANCIAL SERVICES
18200 VON KARMAN STE #300
IRVINE, CA 92612
* $ 10,000,000 1 $ 86,000
H&R BLOCK MORTGAGE CORPORATION
6501 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 10,000,000 1 $ 80,000
HOME EQUITY OF AMERICA
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 37,844,547,000 1 $ 23,000
CITICORP TRUST BANK, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 32,424,600,000 1 $ 74,000
BNC MORTGAGE
745 SEVENTH AVENUE, 24TH FLOOR
NEW YORK, NY 10019
* $ 2,500,000,000 1 $ 66,000
BREMER BANK NA (GRAND FORKS)
3100 SOUTH COLUMBIA RD
GRAND FORKS, ND 58201
* $ 637,365,000 1 $ 103,000
BELL AMERICA MORTGAGE LLC DBA
1000 SHELARD PARKWAY SUITE 500
MINNEAPOLIS, MN 55434
* $ 10,000,000 1 $ 138,000
AMERICAN RESIDENTIAL MORTGAGE
235 EAST ROSELAWN AVENUE SUITE 12
MAPLEWOOD, MN 55117
* $ 10,000,000 1 $ 36,000
AMTRUST BANK
1801 E. 9TH ST #200
CLEVELAND, OH 44114
* $ 13,770,188,000 1 $ 149,000
AMERICAN EXPRESS BANK, FSB
4315 SOUTH 2700 WEST
SALT LAKE CITY, UT 84184
* $ 12,174,313,000 1 $ 50,000
AMERICAN HOME MORTGAGE CORP.
538 BROADHOLLOW RD
MELVILLE, NY 11747
* $ 10,000,000 1 $ 113,000
ADVENT MORTGAGE, LLC
305 N HURSTBOURNE LN. SUITE 120
LOUISVILLE, KY 40222
* $ 436,077,000 1 $ 135,000
AFFINITY PLUS
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 972,662,000 1 $ 80,000
ACCREDITED HOME LENDERS, INC
15253 AVENUE OF SCIENCE BLDG 1
SAN DIEGO, CA 92128
* $ 10,000,000 1 $ 118,000
M&I MARSHALL & ILSLEY BANK
W57N14280 DOERR WAY
CEDARBURG, WI 53012
* $ 34,184,289,000 1 $ 8,000
M&I MORTGAGE CORP
W57N14280 DOERR WAY
CEDARBURG, WI 53012
* $ 202,128,000 1 $ 112,000
LENDSOURCE INC
12701 WHITEWATER DR STE 340
MINNETONKA, MN 55343
* $ 10,000,000 1 $ 71,000
LOANCITY
5671 SANTA TERESA BOULEVARD
SAN JOSE, CA 95123
* $ 10,000,000 1 $ 150,000
LASALLE BANK NA
135 SOUTH LASALLE STREET, STE 2325
CHICAGO, IL 60603
* $ 63,734,827,000 1 $ 170,000

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 Koochiching County MN in 2005

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 457 $43,586,000 $95,000 $398,000 $59,000 $1,200,000
Home Purchase 202 $17,792,000 $88,000 $438,000 $47,000 $643,000
Home Improvement 50 $3,213,000 $64,000 $308,000 $51,000 $102,000

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 493 $42,945,000 $87,000 $438,000 $60,000 $1,200,000
Not applicable 101 $11,042,000 $109,000 $350,000 $18,000 $210,000
Not Provided 101 $9,493,000 $93,000 $398,000 $60,000 $720,000
Hispanic 7 $450,000 $64,000 $108,000 $34,000 $63,000
American Indian or Alaskan Native 4 $349,000 $87,000 $123,000 $54,000 $90,000
Black or African American 2 $217,000 $108,000 $140,000 $21,000 $43,000
Asian 1 $95,000 $95,000 $95,000 $48,000 $48,000
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) 681 $62,653,000 $92,000 $438,000 $57,000 $1,200,000
FHA-insured (Federal Housing Administration) 23 $1,556,000 $67,000 $162,000 $22,000 $82,000
VA-guaranteed (Veterans Administration) 5 $382,000 $76,000 $152,000 $29,000 $60,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0

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 246 $21,917,000 $89,000 $438,000 $70,000 $1,200,000
Application Denied By Financial Institution 146 $10,839,000 $74,000 $297,000 $50,000 $973,000
Application Withdrawn By Applicant 129 $13,028,000 $100,000 $323,000 $53,000 $720,000
Loan Purchased By The Institution 124 $13,211,000 $106,000 $350,000 $33,000 $210,000
Application Approved But Not Accepted 34 $2,444,000 $71,000 $239,000 $53,000 $133,000
File Closed For Incompleteness 30 $3,152,000 $105,000 $265,000 $53,000 $200,000
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
Other 30 $2,253,000 $75,000 $160,000 $62,000 $973,000
Collateral 21 $1,796,000 $85,000 $190,000 $46,000 $91,000
Credit History 19 $1,168,000 $61,000 $150,000 $47,000 $101,000
Debt-To-Income Ratio 15 $1,632,000 $108,000 $297,000 $63,000 $438,000
Credit Application Incomplete 12 $695,000 $57,000 $104,000 $28,000 $66,000
Unverifiable Information 2 $91,000 $45,000 $72,000 $58,000 $76,000
Employment History 1 $52,000 $52,000 $52,000 $23,000 $23,000
Insufficient Cash (Downpayment, Closing Cost) 1 $110,000 $110,000 $110,000 $79,000 $79,000
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