Frandsen Bank & Trust
Mortgage Loan Application
Totals and Details
for 2023
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 Frandsen Bank & Trust.
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 2003-2023.
| Mortgage Company & Address | Frandsen Bank & Trust 116 Central Street West Lonsdale, MN 55046 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 |
| Total Number of Mortgage Applications | 1,479 |
| Total Mortgage Loan Application Amount | $328,555,000 |
| Average Mortgage Loan Application Amount | $182,600 |
| Highest Mortgage Loan Application Amount | $8,825,000 |
| Average Applicant Income | $143,600 |
| Highest Applicant Income | $5,282,000 |
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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| St. Louis County Minnesota | 244 | $ 45,160,000 | $ 185,000 | $ 146,000 |
| Hennepin County Minnesota | 65 | $ 24,045,000 | $ 369,000 | $ 257,000 |
| Rice County Minnesota | 62 | $ 10,270,000 | $ 165,000 | $ 140,000 |
| Carlton County Minnesota | 55 | $ 10,025,000 | $ 182,000 | $ 141,000 |
| Polk County Minnesota | 49 | $ 6,335,000 | $ 129,000 | $ 121,000 |
| Olmsted County Minnesota | 48 | $ 14,880,000 | $ 310,000 | $ 171,000 |
| Goodhue County Minnesota | 45 | $ 6,065,000 | $ 134,000 | $ 154,000 |
| Grand Forks County North Dakota | 45 | $ 9,335,000 | $ 207,000 | $ 127,000 |
| Brown County Minnesota | 43 | $ 5,885,000 | $ 136,000 | $ 136,000 |
| Dakota County Minnesota | 40 | $ 10,800,000 | $ 270,000 | $ 243,000 |
| Scott County Minnesota | 40 | $ 7,930,000 | $ 198,000 | $ 167,000 |
| Polk County Wisconsin | 40 | $ 4,710,000 | $ 117,000 | $ 104,000 |
| Blue Earth County Minnesota | 39 | $ 6,695,000 | $ 171,000 | $ 133,000 |
| Le Sueur County Minnesota | 39 | $ 7,185,000 | $ 184,000 | $ 143,000 |
| Crow Wing County Minnesota | 35 | $ 11,605,000 | $ 331,000 | $ 208,000 |
| Pine County Minnesota | 32 | $ 5,510,000 | $ 172,000 | $ 112,000 |
| Nicollet County Minnesota | 30 | $ 4,680,000 | $ 156,000 | $ 157,000 |
| Renville County Minnesota | 28 | $ 2,920,000 | $ 104,000 | $ 102,000 |
| Isanti County Minnesota | 27 | $ 4,615,000 | $ 170,000 | $ 125,000 |
| Eau Claire County Wisconsin | 26 | $ 9,100,000 | $ 350,000 | $ 236,000 |
| Sawyer County Wisconsin | 26 | $ 5,390,000 | $ 207,000 | $ 195,000 |
| Ramsey County Minnesota | 25 | $ 9,935,000 | $ 397,000 | $ 194,000 |
| Anoka County Minnesota | 24 | $ 6,030,000 | $ 251,000 | $ 167,000 |
| Benton County Minnesota | 24 | $ 4,140,000 | $ 172,000 | $ 124,000 |
| Douglas County Wisconsin | 20 | $ 5,980,000 | $ 299,000 | $ 211,000 |
| Burnett County Wisconsin | 19 | $ 2,945,000 | $ 155,000 | $ 160,000 |
| Cass County Minnesota | 18 | $ 5,140,000 | $ 285,000 | $ 323,000 |
| Chisago County Minnesota | 18 | $ 4,330,000 | $ 240,000 | $ 143,000 |
| Lake County Minnesota | 16 | $ 3,080,000 | $ 192,000 | $ 175,000 |
| Washington County Minnesota | 16 | $ 5,170,000 | $ 323,000 | $ 251,000 |
| Chippewa County Wisconsin | 13 | $ 12,475,000 | $ 959,000 | $ 237,000 |
| Big Stone County Minnesota | 10 | $ 1,100,000 | $ 110,000 | $ 73,000 |
| Kanabec County Minnesota | 10 | $ 2,030,000 | $ 203,000 | $ 80,000 |
| Bayfield County Wisconsin | 10 | $ 1,690,000 | $ 169,000 | $ 182,000 |
| Norman County Minnesota | 9 | $ 855,000 | $ 95,000 | $ 56,000 |
| Maricopa County Arizona | 7 | $ 4,605,000 | $ 657,000 | $ 1,311,000 |
| Dodge County Minnesota | 7 | $ 1,265,000 | $ 180,000 | $ 161,000 |
| Marshall County Minnesota | 7 | $ 355,000 | $ 50,000 | $ 81,000 |
| Morrison County Minnesota | 7 | $ 1,315,000 | $ 187,000 | $ 124,000 |
| Stearns County Minnesota | 7 | $ 1,555,000 | $ 222,000 | $ 179,000 |
| Carver County Minnesota | 6 | $ 2,130,000 | $ 355,000 | $ 168,000 |
| Itasca County Minnesota | 6 | $ 940,000 | $ 156,000 | $ 116,000 |
| Lee County Florida | 5 | $ 1,785,000 | $ 357,000 | $ 214,000 |
| Sherburne County Minnesota | 5 | $ 1,665,000 | $ 333,000 | $ 153,000 |
| Wright County Minnesota | 5 | $ 1,945,000 | $ 389,000 | $ 187,000 |
| Sibley County Minnesota | 4 | $ 360,000 | $ 90,000 | $ 129,000 |
| Cass County North Dakota | 4 | $ 720,000 | $ 180,000 | $ 115,000 |
| Washburn County Wisconsin | 4 | $ 350,000 | $ 87,000 | $ 64,000 |
| Pima County Arizona | 3 | $ 1,245,000 | $ 415,000 | $ 101,000 |
| Aitkin County Minnesota | 3 | $ 675,000 | $ 225,000 | $ 200,000 |
| Beltrami County Minnesota | 3 | $ 1,195,000 | $ 398,000 | $ 261,000 |
| Mille Lacs County Minnesota | 3 | $ 605,000 | $ 201,000 | $ 115,000 |
| Otter Tail County Minnesota | 3 | $ 745,000 | $ 248,000 | $ 212,000 |
| Steele County Minnesota | 3 | $ 465,000 | $ 155,000 | $ 214,000 |
| Stevens County Minnesota | 3 | $ 315,000 | $ 105,000 | $ 91,000 |
| Wabasha County Minnesota | 3 | $ 545,000 | $ 181,000 | $ 112,000 |
| Wadena County Minnesota | 3 | $ 535,000 | $ 178,000 | $ 90,000 |
| Dane County Wisconsin | 3 | $ 1,415,000 | $ 471,000 | $ 332,000 |
| Shawano County Wisconsin | 3 | $ 465,000 | $ 155,000 | $ 0 |
| St. Croix County Wisconsin | 3 | $ 955,000 | $ 318,000 | $ 151,000 |
| Collier County Florida | 2 | $ 450,000 | $ 225,000 | $ 181,000 |
| Cook County Minnesota | 2 | $ 2,870,000 | $ 1,435,000 | $ 117,000 |
| Douglas County Minnesota | 2 | $ 360,000 | $ 180,000 | $ 201,000 |
| Faribault County Minnesota | 2 | $ 110,000 | $ 55,000 | $ 80,000 |
| Hubbard County Minnesota | 2 | $ 520,000 | $ 260,000 | $ 123,000 |
| Kandiyohi County Minnesota | 2 | $ 610,000 | $ 305,000 | $ 44,000 |
| Lake of the Woods County Minnesota | 2 | $ 70,000 | $ 35,000 | $ 85,000 |
| Lyon County Minnesota | 2 | $ 490,000 | $ 245,000 | $ 247,000 |
| Martin County Minnesota | 2 | $ 450,000 | $ 225,000 | $ 210,000 |
| Mower County Minnesota | 2 | $ 280,000 | $ 140,000 | $ 154,000 |
| Pennington County Minnesota | 2 | $ 450,000 | $ 225,000 | $ 248,000 |
| Redwood County Minnesota | 2 | $ 140,000 | $ 70,000 | $ 50,000 |
| Waseca County Minnesota | 2 | $ 360,000 | $ 180,000 | $ 221,000 |
| Ashland County Wisconsin | 2 | $ 360,000 | $ 180,000 | $ 356,000 |
| La Crosse County Wisconsin | 2 | $ 1,670,000 | $ 835,000 | $ 474,000 |
| Pepin County Wisconsin | 2 | $ 220,000 | $ 110,000 | $ 56,000 |
| Pierce County Wisconsin | 2 | $ 320,000 | $ 160,000 | $ 148,000 |
| Sauk County Wisconsin | 2 | $ 570,000 | $ 285,000 | $ 268,000 |
| Vilas County Wisconsin | 2 | $ 480,000 | $ 240,000 | $ 70,000 |
| Mohave County Arizona | 1 | $ 105,000 | $ 105,000 | $ 157,000 |
| Clear Creek County Colorado | 1 | $ 145,000 | $ 145,000 | $ 185,000 |
| La Plata County Colorado | 1 | $ 555,000 | $ 555,000 | $ 336,000 |
| Citrus County Florida | 1 | $ 295,000 | $ 295,000 | $ 92,000 |
| Pinellas County Florida | 1 | $ 325,000 | $ 325,000 | $ 206,000 |
| Clinton County Iowa | 1 | $ 255,000 | $ 255,000 | $ 584,000 |
| Winnebago County Iowa | 1 | $ 45,000 | $ 45,000 | $ 72,000 |
| Becker County Minnesota | 1 | $ 25,000 | $ 25,000 | $ 58,000 |
| Clay County Minnesota | 1 | $ 355,000 | $ 355,000 | $ 220,000 |
| Clearwater County Minnesota | 1 | $ 245,000 | $ 245,000 | $ 121,000 |
| Fillmore County Minnesota | 1 | $ 155,000 | $ 155,000 | $ 42,000 |
| Freeborn County Minnesota | 1 | $ 65,000 | $ 65,000 | $ 45,000 |
| Koochiching County Minnesota | 1 | $ 125,000 | $ 125,000 | $ 46,000 |
| Lac qui Parle County Minnesota | 1 | $ 195,000 | $ 195,000 | $ 117,000 |
| Mahnomen County Minnesota | 1 | $ 115,000 | $ 115,000 | $ 0 |
| McLeod County Minnesota | 1 | $ 235,000 | $ 235,000 | $ 121,000 |
| Meeker County Minnesota | 1 | $ 225,000 | $ 225,000 | $ 203,000 |
| Murray County Minnesota | 1 | $ 165,000 | $ 165,000 | $ 48,000 |
| Traverse County Minnesota | 1 | $ 15,000 | $ 15,000 | $ 43,000 |
| Watonwan County Minnesota | 1 | $ 545,000 | $ 545,000 | $ 816,000 |
| Winona County Minnesota | 1 | $ 215,000 | $ 215,000 | $ 54,000 |
| Saunders County Nebraska | 1 | $ 165,000 | $ 165,000 | $ 0 |
| Burleigh County North Dakota | 1 | $ 5,000 | $ 5,000 | $ 101,000 |
| Ramsey County North Dakota | 1 | $ 95,000 | $ 95,000 | $ 167,000 |
| Traill County North Dakota | 1 | $ 185,000 | $ 185,000 | $ 91,000 |
| Walsh County North Dakota | 1 | $ 335,000 | $ 335,000 | $ 144,000 |
| Lycoming County Pennsylvania | 1 | $ 5,000 | $ 5,000 | $ 25,000 |
| Lawrence County South Dakota | 1 | $ 505,000 | $ 505,000 | $ 332,000 |
| Barron County Wisconsin | 1 | $ 125,000 | $ 125,000 | $ 88,000 |
| Brown County Wisconsin | 1 | $ 245,000 | $ 245,000 | $ 122,000 |
| Columbia County Wisconsin | 1 | $ 475,000 | $ 475,000 | $ 291,000 |
| Dunn County Wisconsin | 1 | $ 1,655,000 | $ 1,655,000 | $ 0 |
| Green Lake County Wisconsin | 1 | $ 985,000 | $ 985,000 | $ 606,000 |
| Iron County Wisconsin | 1 | $ 335,000 | $ 335,000 | $ 660,000 |
| Jefferson County Wisconsin | 1 | $ 285,000 | $ 285,000 | $ 216,000 |
| Marathon County Wisconsin | 1 | $ 195,000 | $ 195,000 | $ 85,000 |
| Marinette County Wisconsin | 1 | $ 505,000 | $ 505,000 | $ 451,000 |
| Rusk County Wisconsin | 1 | $ 185,000 | $ 185,000 | $ 154,000 |
| Trempealeau County Wisconsin | 1 | $ 105,000 | $ 105,000 | $ 54,000 |
| Washington County Wisconsin | 1 | $ 305,000 | $ 305,000 | $ 238,000 |
| Waukesha County Wisconsin | 1 | $ 485,000 | $ 485,000 | $ 350,000 |
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 Frandsen Bank & Trust 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 | 770 | $237,520,000 | $308,000 | $8,825,000 | $186,000 | $5,282,000 |
| Home Improvement | 314 | $27,200,000 | $86,000 | $805,000 | $164,000 | $3,421,000 |
| Other Purpose | 206 | $19,200,000 | $93,000 | $555,000 | $136,000 | $862,000 |
| Refinancing | 159 | $39,215,000 | $246,000 | $4,075,000 | $131,000 | $816,000 |
| Cash-out Refinancing | 30 | $5,420,000 | $180,000 | $455,000 | $101,000 | $240,000 |
| 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 | 1,241 | $254,815,000 | $205,000 | $2,545,000 | $167,000 | $5,282,000 |
| Not applicable | 111 | $48,035,000 | $432,000 | $8,825,000 | $0 | $0 |
| Not Provided | 97 | $19,415,000 | $200,000 | $1,105,000 | $169,000 | $1,900,000 |
| Hispanic | 9 | $1,215,000 | $135,000 | $285,000 | $107,000 | $204,000 |
| Black or African American | 8 | $1,800,000 | $225,000 | $605,000 | $106,000 | $235,000 |
| American Indian or Alaskan Native | 7 | $1,415,000 | $202,000 | $445,000 | $115,000 | $308,000 |
| Asian | 5 | $1,355,000 | $271,000 | $505,000 | $314,000 | $634,000 |
| 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) | 1,476 | $328,180,000 | $222,000 | $8,825,000 | $166,000 | $5,282,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 3 | $375,000 | $125,000 | $225,000 | $51,000 | $76,000 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 1,181 | $272,625,000 | $230,000 | $8,825,000 | $174,000 | $5,282,000 |
| Application Withdrawn By Applicant | 190 | $44,660,000 | $235,000 | $2,385,000 | $161,000 | $912,000 |
| Application Denied By Financial Institution | 95 | $8,885,000 | $93,000 | $505,000 | $90,000 | $418,000 |
| Loan Purchased By The Institution | 6 | $1,190,000 | $198,000 | $265,000 | $0 | $0 |
| Application Approved But Not Accepted | 5 | $585,000 | $117,000 | $185,000 | $132,000 | $222,000 |
| File Closed For Incompleteness | 2 | $610,000 | $305,000 | $405,000 | $256,000 | $325,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 1,048 | $289,850,000 | $276,000 | $8,825,000 | $172,000 | $5,282,000 |
| Debt-To-Income Ratio | 407 | $35,795,000 | $87,000 | $605,000 | $158,000 | $3,421,000 |
| Credit History | 21 | $2,425,000 | $115,000 | $455,000 | $83,000 | $194,000 |
| Other | 2 | $460,000 | $230,000 | $395,000 | $132,000 | $224,000 |
| Collateral | 1 | $25,000 | $25,000 | $25,000 | $65,000 | $65,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
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.