Bank Midwest
Mortgage Loan Application
Totals and Details
for 2021
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 | 612 |
| Total Mortgage Loan Application Amount | $130,720,000 |
| Average Mortgage Loan Application Amount | $173,400 |
| Highest Mortgage Loan Application Amount | $5,415,000 |
| Average Applicant Income | $94,400 |
| Highest Applicant Income | $2,859,000 |
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.
| 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 | 94 | $ 27,000,000 | $ 287,000 | $ 179,000 |
| Martin County Minnesota | 78 | $ 12,340,000 | $ 158,000 | $ 96,000 |
| Brown County Minnesota | 61 | $ 9,075,000 | $ 148,000 | $ 83,000 |
| Jackson County Minnesota | 57 | $ 9,545,000 | $ 167,000 | $ 87,000 |
| Cottonwood County Minnesota | 46 | $ 6,380,000 | $ 138,000 | $ 107,000 |
| Hennepin County Minnesota | 38 | $ 13,650,000 | $ 359,000 | $ 270,000 |
| Emmet County Iowa | 24 | $ 3,210,000 | $ 133,000 | $ 74,000 |
| Ramsey County Minnesota | 19 | $ 5,515,000 | $ 290,000 | $ 163,000 |
| Nicollet County Minnesota | 18 | $ 3,940,000 | $ 218,000 | $ 94,000 |
| Washington County Minnesota | 13 | $ 3,245,000 | $ 249,000 | $ 120,000 |
| Sac County Iowa | 11 | $ 1,165,000 | $ 105,000 | $ 61,000 |
| Blue Earth County Minnesota | 11 | $ 2,375,000 | $ 215,000 | $ 151,000 |
| Faribault County Minnesota | 10 | $ 700,000 | $ 70,000 | $ 58,000 |
| Dakota County Minnesota | 9 | $ 2,095,000 | $ 232,000 | $ 141,000 |
| Kossuth County Iowa | 8 | $ 960,000 | $ 120,000 | $ 59,000 |
| Minnehaha County South Dakota | 7 | $ 1,545,000 | $ 220,000 | $ 102,000 |
| Scott County Minnesota | 6 | $ 1,230,000 | $ 205,000 | $ 146,000 |
| Clay County Iowa | 5 | $ 1,015,000 | $ 203,000 | $ 149,000 |
| Douglas County Nebraska | 5 | $ 585,000 | $ 117,000 | $ 114,000 |
| Osceola County Iowa | 4 | $ 330,000 | $ 82,000 | $ 51,000 |
| Polk County Iowa | 4 | $ 690,000 | $ 172,000 | $ 152,000 |
| Anoka County Minnesota | 4 | $ 850,000 | $ 212,000 | $ 114,000 |
| Lyon County Minnesota | 4 | $ 660,000 | $ 165,000 | $ 71,000 |
| Olmsted County Minnesota | 4 | $ 960,000 | $ 240,000 | $ 128,000 |
| Watonwan County Minnesota | 4 | $ 420,000 | $ 105,000 | $ 86,000 |
| Story County Iowa | 3 | $ 735,000 | $ 245,000 | $ 117,000 |
| Carver County Minnesota | 3 | $ 765,000 | $ 255,000 | $ 213,000 |
| Sibley County Minnesota | 3 | $ 475,000 | $ 158,000 | $ 79,000 |
| Wright County Minnesota | 3 | $ 805,000 | $ 268,000 | $ 100,000 |
| Maricopa County Arizona | 2 | $ 700,000 | $ 350,000 | $ 169,000 |
| Carroll County Iowa | 2 | $ 310,000 | $ 155,000 | $ 89,000 |
| Johnson County Iowa | 2 | $ 270,000 | $ 135,000 | $ 71,000 |
| Monona County Iowa | 2 | $ 200,000 | $ 100,000 | $ 63,000 |
| O'Brien County Iowa | 2 | $ 290,000 | $ 145,000 | $ 50,000 |
| Douglas County Minnesota | 2 | $ 550,000 | $ 275,000 | $ 288,000 |
| Renville County Minnesota | 2 | $ 290,000 | $ 145,000 | $ 97,000 |
| Brookings County South Dakota | 2 | $ 420,000 | $ 210,000 | $ 115,000 |
| Brown County South Dakota | 2 | $ 7,060,000 | $ 3,530,000 | $ 0 |
| Ozaukee County Wisconsin | 2 | $ 660,000 | $ 330,000 | $ 70,000 |
| Carroll County Arkansas | 1 | $ 205,000 | $ 205,000 | $ 233,000 |
| San Bernardino County California | 1 | $ 25,000 | $ 25,000 | $ 96,000 |
| DuPage County Illinois | 1 | $ 85,000 | $ 85,000 | $ 0 |
| Benton County Iowa | 1 | $ 55,000 | $ 55,000 | $ 150,000 |
| Boone County Iowa | 1 | $ 125,000 | $ 125,000 | $ 47,000 |
| Dallas County Iowa | 1 | $ 165,000 | $ 165,000 | $ 76,000 |
| Hardin County Iowa | 1 | $ 385,000 | $ 385,000 | $ 98,000 |
| Poweshiek County Iowa | 1 | $ 175,000 | $ 175,000 | $ 196,000 |
| Scott County Iowa | 1 | $ 45,000 | $ 45,000 | $ 31,000 |
| Webster County Iowa | 1 | $ 195,000 | $ 195,000 | $ 109,000 |
| Benton County Minnesota | 1 | $ 145,000 | $ 145,000 | $ 58,000 |
| Big Stone County Minnesota | 1 | $ 485,000 | $ 485,000 | $ 82,000 |
| Cass County Minnesota | 1 | $ 285,000 | $ 285,000 | $ 70,000 |
| Crow Wing County Minnesota | 1 | $ 215,000 | $ 215,000 | $ 175,000 |
| Hubbard County Minnesota | 1 | $ 25,000 | $ 25,000 | $ 38,000 |
| Kandiyohi County Minnesota | 1 | $ 345,000 | $ 345,000 | $ 345,000 |
| Lake County Minnesota | 1 | $ 295,000 | $ 295,000 | $ 152,000 |
| Lake of the Woods County Minnesota | 1 | $ 125,000 | $ 125,000 | $ 156,000 |
| McLeod County Minnesota | 1 | $ 245,000 | $ 245,000 | $ 99,000 |
| Morrison County Minnesota | 1 | $ 155,000 | $ 155,000 | $ 94,000 |
| Murray County Minnesota | 1 | $ 165,000 | $ 165,000 | $ 72,000 |
| Nobles County Minnesota | 1 | $ 155,000 | $ 155,000 | $ 114,000 |
| Rock County Minnesota | 1 | $ 225,000 | $ 225,000 | $ 190,000 |
| Sherburne County Minnesota | 1 | $ 105,000 | $ 105,000 | $ 37,000 |
| St. Louis County Minnesota | 1 | $ 135,000 | $ 135,000 | $ 62,000 |
| Steele County Minnesota | 1 | $ 265,000 | $ 265,000 | $ 145,000 |
| Todd County Minnesota | 1 | $ 205,000 | $ 205,000 | $ 165,000 |
| St. Louis County Missouri | 1 | $ 65,000 | $ 65,000 | $ 34,000 |
| Lake County Ohio | 1 | $ 385,000 | $ 385,000 | $ 166,000 |
| Clark County South Dakota | 1 | $ 135,000 | $ 135,000 | $ 155,000 |
| Hutchinson County South Dakota | 1 | $ 145,000 | $ 145,000 | $ 0 |
| Lincoln County South Dakota | 1 | $ 515,000 | $ 515,000 | $ 112,000 |
| Dane County Wisconsin | 1 | $ 495,000 | $ 495,000 | $ 129,000 |
| St. Croix County Wisconsin | 1 | $ 285,000 | $ 285,000 | $ 85,000 |
| Fremont County Wyoming | 1 | $ 335,000 | $ 335,000 | $ 0 |
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 2021
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 | 237 | $55,915,000 | $235,000 | $5,415,000 | $105,000 | $2,859,000 |
| Refinancing | 229 | $46,435,000 | $202,000 | $1,075,000 | $125,000 | $1,150,000 |
| Cash-out Refinancing | 137 | $27,615,000 | $201,000 | $545,000 | $140,000 | $1,500,000 |
| Home Improvement | 7 | $415,000 | $59,000 | $175,000 | $70,000 | $97,000 |
| Other Purpose | 2 | $340,000 | $170,000 | $215,000 | $32,000 | $44,000 |
| Not Applicable | 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 | 515 | $97,645,000 | $189,000 | $2,005,000 | $122,000 | $2,859,000 |
| Not applicable | 46 | $23,150,000 | $503,000 | $5,415,000 | $96,000 | $96,000 |
| Not Provided | 25 | $5,105,000 | $204,000 | $545,000 | $87,000 | $196,000 |
| Hispanic | 10 | $1,310,000 | $131,000 | $265,000 | $107,000 | $158,000 |
| Asian | 8 | $1,420,000 | $177,000 | $365,000 | $111,000 | $171,000 |
| Black or African American | 2 | $110,000 | $55,000 | $65,000 | $31,000 | $34,000 |
| American Indian or Alaskan Native | 1 | $175,000 | $175,000 | $175,000 | $69,000 | $69,000 |
| 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) | 591 | $128,015,000 | $216,000 | $5,415,000 | $122,000 | $2,859,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 15 | $1,755,000 | $117,000 | $175,000 | $44,000 | $72,000 |
| FHA-insured (Federal Housing Administration) | 4 | $600,000 | $150,000 | $325,000 | $75,000 | $171,000 |
| VA-guaranteed (Veterans Administration) | 2 | $350,000 | $175,000 | $285,000 | $77,000 | $137,000 |
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 | 457 | $102,605,000 | $224,000 | $5,415,000 | $122,000 | $2,859,000 |
| Application Withdrawn By Applicant | 92 | $17,610,000 | $191,000 | $1,505,000 | $111,000 | $1,150,000 |
| Application Denied By Financial Institution | 43 | $6,665,000 | $155,000 | $545,000 | $57,000 | $169,000 |
| File Closed For Incompleteness | 16 | $3,340,000 | $208,000 | $525,000 | $279,000 | $1,500,000 |
| Application Approved But Not Accepted | 4 | $500,000 | $125,000 | $225,000 | $76,000 | $111,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 569 | $124,055,000 | $218,000 | $5,415,000 | $125,000 | $2,859,000 |
| Credit History | 16 | $1,780,000 | $111,000 | $245,000 | $47,000 | $111,000 |
| Debt-To-Income Ratio | 15 | $3,095,000 | $206,000 | $545,000 | $49,000 | $169,000 |
| Collateral | 9 | $1,585,000 | $176,000 | $385,000 | $96,000 | $146,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $130,000 | $65,000 | $65,000 | $40,000 | $51,000 |
| Employment History | 1 | $75,000 | $75,000 | $75,000 | $30,000 | $30,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 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.