Bank Midwest
Mortgage Loan Application
Totals and Details
for 2020

Find mortgage loan statistics, lending data, and loan application totals for Iowa.
The mortgage statistics and data below are specific to mortgage loan applications for Bank Midwest.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.

Mortgage Company & Address Bank Midwest
1525 18Th Street Suite 100
Spirit Lake, IA 51360
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  2020  2019  2018  2017  2016  
Total Number of Mortgage Applications 806
Total Mortgage Loan Application Amount $179,340,000
Average Mortgage Loan Application Amount $173,000
Highest Mortgage Loan Application Amount $5,365,000
Average Applicant Income $111,000
Highest Applicant Income $912,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in IA, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Mortgage Loan Application Totals for Bank Midwest by County in 2020

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Dickinson County Iowa 107 $ 27,075,000 $ 253,000 $ 131,000
Martin County Minnesota 82 $ 12,780,000 $ 155,000 $ 96,000
Hennepin County Minnesota 78 $ 28,440,000 $ 364,000 $ 168,000
Jackson County Minnesota 73 $ 11,695,000 $ 160,000 $ 101,000
Cottonwood County Minnesota 65 $ 8,955,000 $ 137,000 $ 95,000
Brown County Minnesota 50 $ 7,330,000 $ 146,000 $ 95,000
Dakota County Minnesota 37 $ 10,705,000 $ 289,000 $ 160,000
Ramsey County Minnesota 25 $ 6,315,000 $ 252,000 $ 141,000
Polk County Iowa 19 $ 4,355,000 $ 229,000 $ 209,000
Anoka County Minnesota 19 $ 4,625,000 $ 243,000 $ 150,000
Scott County Minnesota 19 $ 4,875,000 $ 256,000 $ 169,000
Minnehaha County South Dakota 16 $ 2,940,000 $ 183,000 $ 89,000
Nicollet County Minnesota 15 $ 2,955,000 $ 197,000 $ 88,000
Washington County Minnesota 14 $ 4,550,000 $ 325,000 $ 189,000
Carver County Minnesota 13 $ 4,515,000 $ 347,000 $ 197,000
Dallas County Iowa 11 $ 3,265,000 $ 296,000 $ 209,000
Wright County Minnesota 11 $ 3,135,000 $ 285,000 $ 116,000
Emmet County Iowa 8 $ 930,000 $ 116,000 $ 63,000
Clay County Iowa 6 $ 840,000 $ 140,000 $ 72,000
Blue Earth County Minnesota 6 $ 1,140,000 $ 190,000 $ 86,000
Story County Iowa 5 $ 945,000 $ 189,000 $ 105,000
Rice County Minnesota 5 $ 965,000 $ 193,000 $ 145,000
Stearns County Minnesota 5 $ 995,000 $ 199,000 $ 138,000
Kossuth County Iowa 4 $ 370,000 $ 92,000 $ 73,000
Linn County Iowa 4 $ 760,000 $ 190,000 $ 150,000
Osceola County Iowa 4 $ 620,000 $ 155,000 $ 96,000
Faribault County Minnesota 4 $ 530,000 $ 132,000 $ 95,000
Douglas County Nebraska 4 $ 720,000 $ 180,000 $ 203,000
Lincoln County South Dakota 4 $ 730,000 $ 182,000 $ 97,000
Black Hawk County Iowa 3 $ 685,000 $ 228,000 $ 211,000
Carroll County Iowa 3 $ 355,000 $ 118,000 $ 47,000
Sac County Iowa 3 $ 405,000 $ 135,000 $ 77,000
Warren County Iowa 3 $ 925,000 $ 308,000 $ 328,000
Olmsted County Minnesota 3 $ 815,000 $ 271,000 $ 139,000
Sherburne County Minnesota 3 $ 755,000 $ 251,000 $ 117,000
Steele County Minnesota 3 $ 535,000 $ 178,000 $ 99,000
Ocean County New Jersey 3 $ 1,445,000 $ 481,000 $ 522,000
Lawrence County South Dakota 3 $ 815,000 $ 271,000 $ 598,000
Turner County South Dakota 3 $ 365,000 $ 121,000 $ 142,000
Hardin County Iowa 2 $ 420,000 $ 210,000 $ 107,000
Worth County Iowa 2 $ 130,000 $ 65,000 $ 98,000
Chisago County Minnesota 2 $ 590,000 $ 295,000 $ 108,000
Crow Wing County Minnesota 2 $ 550,000 $ 275,000 $ 158,000
Nobles County Minnesota 2 $ 50,000 $ 25,000 $ 36,000
Clay County Missouri 2 $ 220,000 $ 110,000 $ 31,000
Greenville County South Carolina 2 $ 400,000 $ 200,000 $ 159,000
Brookings County South Dakota 2 $ 350,000 $ 175,000 $ 51,000
Codington County South Dakota 2 $ 680,000 $ 340,000 $ 123,000
Yankton County South Dakota 2 $ 310,000 $ 155,000 $ 79,000
Stanislaus County California 1 $ 375,000 $ 375,000 $ 89,000
Lee County Florida 1 $ 85,000 $ 85,000 $ 114,000
DeKalb County Georgia 1 $ 245,000 $ 245,000 $ 233,000
Madison County Illinois 1 $ 255,000 $ 255,000 $ 145,000
Will County Illinois 1 $ 495,000 $ 495,000 $ 244,000
Woodford County Illinois 1 $ 115,000 $ 115,000 $ 76,000
Boone County Iowa 1 $ 75,000 $ 75,000 $ 259,000
Buena Vista County Iowa 1 $ 125,000 $ 125,000 $ 76,000
Calhoun County Iowa 1 $ 45,000 $ 45,000 $ 33,000
Dubuque County Iowa 1 $ 265,000 $ 265,000 $ 129,000
Hamilton County Iowa 1 $ 105,000 $ 105,000 $ 58,000
Lee County Iowa 1 $ 205,000 $ 205,000 $ 161,000
Palo Alto County Iowa 1 $ 235,000 $ 235,000 $ 290,000
Plymouth County Iowa 1 $ 255,000 $ 255,000 $ 63,000
Sioux County Iowa 1 $ 245,000 $ 245,000 $ 0
Johnson County Kansas 1 $ 185,000 $ 185,000 $ 148,000
Cass County Minnesota 1 $ 215,000 $ 215,000 $ 75,000
Freeborn County Minnesota 1 $ 105,000 $ 105,000 $ 75,000
Goodhue County Minnesota 1 $ 275,000 $ 275,000 $ 189,000
Isanti County Minnesota 1 $ 85,000 $ 85,000 $ 68,000
Kandiyohi County Minnesota 1 $ 795,000 $ 795,000 $ 377,000
Morrison County Minnesota 1 $ 175,000 $ 175,000 $ 90,000
Murray County Minnesota 1 $ 425,000 $ 425,000 $ 0
Otter Tail County Minnesota 1 $ 295,000 $ 295,000 $ 260,000
Pipestone County Minnesota 1 $ 65,000 $ 65,000 $ 58,000
Rock County Minnesota 1 $ 225,000 $ 225,000 $ 52,000
Sibley County Minnesota 1 $ 85,000 $ 85,000 $ 47,000
St. Charles County Missouri 1 $ 235,000 $ 235,000 $ 209,000
Antelope County Nebraska 1 $ 245,000 $ 245,000 $ 141,000
Somerset County New Jersey 1 $ 485,000 $ 485,000 $ 525,000
Forsyth County North Carolina 1 $ 245,000 $ 245,000 $ 151,000
Tulsa County Oklahoma 1 $ 425,000 $ 425,000 $ 420,000
Washington County Oregon 1 $ 415,000 $ 415,000 $ 0
Hamlin County South Dakota 1 $ 355,000 $ 355,000 $ 635,000
McCook County South Dakota 1 $ 125,000 $ 125,000 $ 50,000
Pennington County South Dakota 1 $ 195,000 $ 195,000 $ 76,000
Walworth County South Dakota 1 $ 165,000 $ 165,000 $ 107,000
Stafford County Virginia 1 $ 215,000 $ 215,000 $ 144,000
Barron County Wisconsin 1 $ 405,000 $ 405,000 $ 465,000
Douglas County Wisconsin 1 $ 185,000 $ 185,000 $ 132,000
Outagamie County Wisconsin 1 $ 255,000 $ 255,000 $ 186,000
Ozaukee County Wisconsin 1 $ 255,000 $ 255,000 $ 99,000
Racine County Wisconsin 1 $ 225,000 $ 225,000 $ 200,000

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Iowa, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Bank Midwest in 2020

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 414 $99,230,000 $239,000 $5,365,000 $145,000 $912,000
Home Purchase 235 $44,085,000 $187,000 $875,000 $113,000 $759,000
Cash-out Refinancing 155 $35,955,000 $231,000 $2,655,000 $134,000 $608,000
Home Improvement 2 $70,000 $35,000 $55,000 $52,000 $75,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $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 659 $141,735,000 $215,000 $2,655,000 $135,000 $912,000
Not Provided 71 $15,955,000 $224,000 $465,000 $117,000 $453,000
Not applicable 27 $11,845,000 $438,000 $5,365,000 $0 $0
Hispanic 18 $2,600,000 $144,000 $385,000 $115,000 $315,000
Asian 16 $3,230,000 $201,000 $325,000 $111,000 $307,000
Black or African American 7 $1,475,000 $210,000 $355,000 $180,000 $426,000
American Indian or Alaskan Native 1 $255,000 $255,000 $255,000 $67,000 $67,000
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) 771 $175,575,000 $227,000 $5,365,000 $138,000 $912,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 32 $3,140,000 $98,000 $225,000 $45,000 $90,000
VA-guaranteed (Veterans Administration) 3 $625,000 $208,000 $255,000 $75,000 $103,000
FHA-insured (Federal Housing Administration) 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 534 $121,390,000 $227,000 $5,365,000 $132,000 $759,000
Application Withdrawn By Applicant 202 $46,760,000 $231,000 $525,000 $146,000 $665,000
Application Denied By Financial Institution 47 $6,065,000 $129,000 $515,000 $72,000 $575,000
File Closed For Incompleteness 12 $2,390,000 $199,000 $425,000 $207,000 $912,000
Application Approved But Not Accepted 11 $2,735,000 $248,000 $475,000 $150,000 $377,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
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
Debt-To-Income Ratio 806 $179,340,000 $222,000 $5,365,000 $133,000 $912,000
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in IA, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in Iowa, and search similar information at your convenience.

Download the Iowa Lender List