First Solution Lending, Inc.
Mortgage Loan Application
Totals and Details
for 2006

Find mortgage loan statistics, lending data, and loan application totals for Minnesota.
The mortgage statistics and data below are specific to mortgage loan applications for First Solution Lending, Inc..
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 First Solution Lending, Inc.
11332 86Th Avenue North
Maple Grove, MN 55369
Federal Regulator * available with data download
Years 2006  2005  
Total Number of Mortgage Applications 1,622
Total Mortgage Loan Application Amount $258,929,000
Average Mortgage Loan Application Amount $161,000
Highest Mortgage Loan Application Amount $784,000
Average Applicant Income $68,000
Highest Applicant Income $1,509,000

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 MN, 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 First Solution Lending, Inc. by Metropolitan Area in 2006

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 642 $ 114,471,000 $ 144,500 $ 64,000
ORLANDO-KISSIMMEE, FL 189 $ 32,991,000 $ 174,000 $ 65,000
DETROIT-LIVONIA-DEARBORN, MI 159 $ 14,058,000 $ 88,000 $ 59,000
PHOENIX-MESA-SCOTTSDALE, AZ 153 $ 28,820,000 $ 188,000 $ 69,000
WARREN-TROY-FARMINGTON HILLS, MI 79 $ 12,996,000 $ 164,000 $ 78,000
FLINT, MI 32 $ 4,257,000 $ 133,000 $ 64,000
CAPE CORAL-FORT MYERS, FL 22 $ 3,528,000 $ 160,000 $ 64,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 19 $ 3,162,000 $ 166,000 $ 79,000
ST. CLOUD, MN 17 $ 2,492,000 $ 146,000 $ 55,000
DULUTH, MN-WI 15 $ 1,602,000 $ 124,000 $ 53,500
FARGO, ND-MN 14 $ 1,200,000 $ 87,000 $ 55,000
LAKELAND, FL 13 $ 2,042,000 $ 157,000 $ 56,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 11 $ 1,772,000 $ 161,000 $ 63,000
TUCSON, AZ 11 $ 1,692,000 $ 153,000 $ 67,000
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 10 $ 1,375,000 $ 137,000 $ 43,000
NAPLES-MARCO ISLAND, FL 9 $ 2,329,000 $ 258,000 $ 91,000
MIAMI-MIAMI BEACH-KENDALL, FL 8 $ 1,392,000 $ 174,000 $ 61,000
MILWAUKEE-WAUKESHA-WEST ALLIS, WI 8 $ 1,149,000 $ 143,000 $ 62,000
ANN ARBOR, MI 7 $ 1,795,000 $ 256,000 $ 86,000
SAGINAW-SAGINAW TOWNSHIP NORTH, MI 6 $ 497,000 $ 82,000 $ 43,000
PALM BAY-MELBOURNE-TITUSVILLE, FL 5 $ 537,000 $ 107,000 $ 37,000
ROCHESTER, MN 5 $ 632,000 $ 126,000 $ 48,000
FOND DU LAC, WI 3 $ 329,000 $ 109,000 $ 178,000
JACKSONVILLE, FL 3 $ 507,000 $ 169,000 $ 70,000
PORT ST. LUCIE-FORT PIERCE, FL 3 $ 514,000 $ 171,000 $ 56,000
SARASOTA-BRADENTON-VENICE, FL 3 $ 523,000 $ 174,000 $ 48,000
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 3 $ 538,000 $ 179,000 $ 60,000
EAU CLAIRE, WI 2 $ 194,000 $ 97,000 $ 21,000
GRAND FORKS, ND-MN 2 $ 228,000 $ 114,000 $ 60,000
LANSING-EAST LANSING, MI 2 $ 190,000 $ 95,000 $ 59,000
OCALA, FL 2 $ 339,000 $ 169,000 $ 50,000
OSHKOSH-NEENAH, WI 2 $ 218,000 $ 109,000 $ 75,000
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 2 $ 455,000 $ 227,000 $ 142,000
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 2 $ 776,000 $ 388,000 $ 99,000
ANCHORAGE, AK 1 $ 252,000 $ 252,000 $ 96,000
APPLETON, WI 1 $ 140,000 $ 140,000 $ 60,000
BATTLE CREEK, MI 1 $ 66,000 $ 66,000 $ 50,000
BOISE CITY-NAMPA, ID 1 $ 108,000 $ 108,000 $ 36,000
DENVER-AURORA, CO 1 $ 305,000 $ 305,000 $ 53,000
FLAGSTAFF, AZ 1 $ 172,000 $ 172,000 $ 58,000
GAINESVILLE, FL 1 $ 158,000 $ 158,000 $ 67,000
GRAND RAPIDS-WYOMING, MI 1 $ 162,000 $ 162,000 $ 43,000
JACKSON, MI 1 $ 132,000 $ 132,000 $ 48,000
LA CROSSE, WI-MN 1 $ 134,000 $ 134,000 $ 54,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 1 $ 147,000 $ 147,000 $ 58,000
MADISON, WI 1 $ 184,000 $ 184,000 $ 71,000
MONROE, MI 1 $ 187,000 $ 187,000 $ 54,000
MUSKEGON-NORTON SHORES, MI 1 $ 117,000 $ 117,000 $ 65,000
PENSACOLA-FERRY PASS-BRENT, FL 1 $ 149,000 $ 149,000 $ 86,000
PRESCOTT, AZ 1 $ 586,000 $ 586,000 $ 229,000
RICHMOND, VA 1 $ 138,000 $ 138,000 $ 40,000
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA 1 $ 65,000 $ 65,000 $ 89,000
SIOUX FALLS, SD 1 $ 59,000 $ 59,000 $ 25,000
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 1 $ 188,000 $ 188,000 $ 72,000
YUMA, AZ 1 $ 160,000 $ 160,000 $ 78,000

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 Minnesota, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for First Solution Lending, Inc. in 2006

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 943 $143,429,000 $152,000 $778,000 $67,000 $1,158,000
Refinancing 679 $115,500,000 $170,000 $784,000 $69,000 $1,509,000
Home Improvement 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 615 $102,557,000 $166,000 $784,000 $73,000 $1,158,000
Black or African American 388 $56,103,000 $144,000 $778,000 $62,000 $1,509,000
Hispanic 336 $54,366,000 $161,000 $507,000 $65,000 $684,000
Not Provided 199 $30,727,000 $154,000 $586,000 $66,000 $300,000
Asian 73 $13,401,000 $183,000 $600,000 $78,000 $240,000
Native Hawaiian or Other Pacific Islander 8 $1,487,000 $185,000 $347,000 $93,000 $216,000
American Indian or Alaskan Native 3 $288,000 $96,000 $112,000 $58,000 $94,000
Not applicable 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) 1,622 $258,929,000 $159,000 $784,000 $68,000 $1,509,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans 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
Application Denied By Financial Institution 609 $107,296,000 $176,000 $784,000 $72,000 $1,509,000
Application Withdrawn By Applicant 546 $88,923,000 $162,000 $712,000 $68,000 $1,158,000
Loan Originated 467 $62,710,000 $134,000 $600,000 $63,000 $252,000
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
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Application Approved But Not Accepted 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 232 $43,464,000 $187,000 $784,000 $85,000 $1,509,000
Collateral 116 $18,099,000 $156,000 $591,000 $72,000 $684,000
Credit History 104 $17,074,000 $164,000 $540,000 $61,000 $263,000
Debt-To-Income Ratio 78 $13,005,000 $166,000 $527,000 $50,000 $170,000
Unverifiable Information 47 $10,048,000 $213,000 $548,000 $71,000 $249,000
Employment History 24 $4,273,000 $178,000 $396,000 $61,000 $135,000
Insufficient Cash (Downpayment, Closing Cost) 1 $290,000 $290,000 $290,000 $100,000 $100,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 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 MN, 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 Minnesota, and search similar information at your convenience.

Download the Minnesota Lender List