Mill City Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2006
Mill City Credit Union 2006 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Mill City Credit Union 9999 Wayzata Boulevard Minnetonka, MN 55305 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 397 |
| Total Mortgage Loan Application Amount | $57,628,000 |
| Average Mortgage Loan Application Amount | $116,666 |
| Highest Mortgage Loan Application Amount | $560,000 |
| Average Applicant Income | $83,666 |
| Highest Applicant Income | $420,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2006 with Mill City Credit Union. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Mill City Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2006 breaks down Mill City Credit Union's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Mill City Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Mill City Credit Union, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Mill City Credit Union's mortgage activity for 2006.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Hennepin County Minnesota | 105 | $ 13,955,000 | $ 132,000 | $ 93,000 |
| Anoka County Minnesota | 19 | $ 2,051,000 | $ 107,000 | $ 93,000 |
| Linn County Iowa | 14 | $ 1,414,000 | $ 101,000 | $ 93,000 |
| Wright County Minnesota | 13 | $ 1,487,000 | $ 114,000 | $ 85,000 |
| Maricopa County Arizona | 9 | $ 1,890,000 | $ 210,000 | $ 72,000 |
| Carver County Minnesota | 8 | $ 1,231,000 | $ 153,000 | $ 124,000 |
| Ramsey County Minnesota | 8 | $ 1,334,000 | $ 166,000 | $ 59,000 |
| Marion County Missouri | 7 | $ 558,000 | $ 79,000 | $ 56,000 |
| Bernalillo County New Mexico | 7 | $ 1,295,000 | $ 185,000 | $ 84,000 |
| Milwaukee County Wisconsin | 5 | $ 674,000 | $ 134,000 | $ 74,000 |
| Newton County Georgia | 4 | $ 219,000 | $ 54,000 | $ 55,000 |
| Dakota County Minnesota | 4 | $ 111,000 | $ 27,000 | $ 108,000 |
| Miami-Dade County Florida | 3 | $ 638,000 | $ 212,000 | $ 82,000 |
| Mecosta County Michigan | 3 | $ 328,000 | $ 109,000 | $ 55,000 |
| Scott County Minnesota | 3 | $ 466,000 | $ 155,000 | $ 75,000 |
| Rutherford County Tennessee | 3 | $ 117,000 | $ 39,000 | $ 113,000 |
| Benton County Arkansas | 2 | $ 530,000 | $ 265,000 | $ 104,000 |
| Los Angeles County California | 2 | $ 442,000 | $ 221,000 | $ 76,000 |
| Fayette County Georgia | 2 | $ 46,000 | $ 23,000 | $ 60,000 |
| Rockdale County Georgia | 2 | $ 435,000 | $ 217,000 | $ 78,000 |
| Kane County Illinois | 2 | $ 613,000 | $ 306,000 | $ 95,000 |
| Pike County Illinois | 2 | $ 126,000 | $ 63,000 | $ 21,000 |
| Winnebago County Illinois | 2 | $ 227,000 | $ 113,000 | $ 72,000 |
| Dallas County Iowa | 2 | $ 310,000 | $ 155,000 | $ 50,000 |
| Osceola County Michigan | 2 | $ 164,000 | $ 82,000 | $ 56,000 |
| Isanti County Minnesota | 2 | $ 75,000 | $ 37,000 | $ 69,000 |
| Washington County Minnesota | 2 | $ 303,000 | $ 151,000 | $ 102,000 |
| Ralls County Missouri | 2 | $ 257,000 | $ 128,000 | $ 66,000 |
| Hamilton County Ohio | 2 | $ 228,000 | $ 114,000 | $ 48,000 |
| Harris County Texas | 2 | $ 303,000 | $ 151,000 | $ 76,000 |
| Washington County Arkansas | 1 | $ 128,000 | $ 128,000 | $ 58,000 |
| Orange County California | 1 | $ 350,000 | $ 350,000 | $ 85,000 |
| Sacramento County California | 1 | $ 370,000 | $ 370,000 | $ 108,000 |
| San Diego County California | 1 | $ 42,000 | $ 42,000 | $ 92,000 |
| Eagle County Colorado | 1 | $ 385,000 | $ 385,000 | $ 385,000 |
| Brevard County Florida | 1 | $ 228,000 | $ 228,000 | $ 59,000 |
| DeKalb County Georgia | 1 | $ 220,000 | $ 220,000 | $ 157,000 |
| Gwinnett County Georgia | 1 | $ 125,000 | $ 125,000 | $ 39,000 |
| Jasper County Georgia | 1 | $ 125,000 | $ 125,000 | $ 50,000 |
| Boone County Illinois | 1 | $ 40,000 | $ 40,000 | $ 72,000 |
| Cook County Illinois | 1 | $ 204,000 | $ 204,000 | $ 73,000 |
| Benton County Iowa | 1 | $ 38,000 | $ 38,000 | $ 88,000 |
| Buchanan County Iowa | 1 | $ 43,000 | $ 43,000 | $ 80,000 |
| Iowa County Iowa | 1 | $ 59,000 | $ 59,000 | $ 95,000 |
| Baltimore County Maryland | 1 | $ 200,000 | $ 200,000 | $ 78,000 |
| Essex County Massachusetts | 1 | $ 300,000 | $ 300,000 | $ 66,000 |
| Middlesex County Massachusetts | 1 | $ 200,000 | $ 200,000 | $ 110,000 |
| Suffolk County Massachusetts | 1 | $ 437,000 | $ 437,000 | $ 88,000 |
| Huron County Michigan | 1 | $ 29,000 | $ 29,000 | $ 66,000 |
| Lake County Michigan | 1 | $ 106,000 | $ 106,000 | $ 32,000 |
| Leelanau County Michigan | 1 | $ 130,000 | $ 130,000 | $ 39,000 |
| Kandiyohi County Minnesota | 1 | $ 17,000 | $ 17,000 | $ 86,000 |
| Mille Lacs County Minnesota | 1 | $ 169,000 | $ 169,000 | $ 59,000 |
| Morrison County Minnesota | 1 | $ 43,000 | $ 43,000 | $ 34,000 |
| Sherburne County Minnesota | 1 | $ 35,000 | $ 35,000 | $ 40,000 |
| Stearns County Minnesota | 1 | $ 360,000 | $ 360,000 | $ 420,000 |
| Clay County Missouri | 1 | $ 176,000 | $ 176,000 | $ 86,000 |
| Monroe County Missouri | 1 | $ 85,000 | $ 85,000 | $ 59,000 |
| St. Louis City County Missouri | 1 | $ 140,000 | $ 140,000 | $ 43,000 |
| Cascade County Montana | 1 | $ 57,000 | $ 57,000 | $ 64,000 |
| Sarpy County Nebraska | 1 | $ 216,000 | $ 216,000 | $ 62,000 |
| Hillsborough County New Hampshire | 1 | $ 115,000 | $ 115,000 | $ 41,000 |
| Rockingham County New Hampshire | 1 | $ 373,000 | $ 373,000 | $ 76,000 |
| Cumberland County New Jersey | 1 | $ 180,000 | $ 180,000 | $ 58,000 |
| Erie County New York | 1 | $ 136,000 | $ 136,000 | $ 73,000 |
| Onondaga County New York | 1 | $ 94,000 | $ 94,000 | $ 42,000 |
| Butler County Ohio | 1 | $ 188,000 | $ 188,000 | $ 60,000 |
| Clermont County Ohio | 1 | $ 39,000 | $ 39,000 | $ 78,000 |
| Franklin County Ohio | 1 | $ 135,000 | $ 135,000 | $ 54,000 |
| Jackson County Ohio | 1 | $ 220,000 | $ 220,000 | $ 92,000 |
| Craig County Oklahoma | 1 | $ 60,000 | $ 60,000 | $ 24,000 |
| Washington County Oregon | 1 | $ 275,000 | $ 275,000 | $ 59,000 |
| Bucks County Pennsylvania | 1 | $ 380,000 | $ 380,000 | $ 98,000 |
| Columbia County Pennsylvania | 1 | $ 97,000 | $ 97,000 | $ 60,000 |
| Philadelphia County Pennsylvania | 1 | $ 215,000 | $ 215,000 | $ 60,000 |
| Island County Washington | 1 | $ 39,000 | $ 39,000 | $ 30,000 |
| Pierce County Washington | 1 | $ 74,000 | $ 74,000 | $ 123,000 |
| Skagit County Washington | 1 | $ 83,000 | $ 83,000 | $ 102,000 |
| Waukesha County Wisconsin | 1 | $ 245,000 | $ 245,000 | $ 92,000 |
Mortgage Loan Application Detail Totals for Mill City Credit Union 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 | 198 | $40,709,000 | $205,000 | $545,000 | $81,000 | $420,000 |
| Refinancing | 131 | $14,518,000 | $110,000 | $560,000 | $78,000 | $215,000 |
| Home Improvement | 68 | $2,401,000 | $35,000 | $210,000 | $92,000 | $236,000 |
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 |
|---|---|---|---|---|---|---|
| Not Provided | 312 | $50,129,000 | $160,000 | $560,000 | $80,000 | $420,000 |
| White | 57 | $2,473,000 | $43,000 | $210,000 | $89,000 | $236,000 |
| Hispanic | 25 | $4,964,000 | $198,000 | $480,000 | $82,000 | $178,000 |
| Black or African American | 3 | $62,000 | $20,000 | $30,000 | $105,000 | $127,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Asian | 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) | 396 | $57,408,000 | $144,000 | $560,000 | $81,000 | $420,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 1 | $220,000 | $220,000 | $220,000 | $157,000 | $157,000 |
| 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 | 208 | $21,091,000 | $101,000 | $545,000 | $88,000 | $248,000 |
| Preapproval Approved but not Accepted | 59 | $12,452,000 | $211,000 | $520,000 | $77,000 | $208,000 |
| Application Approved But Not Accepted | 35 | $6,782,000 | $193,000 | $385,000 | $85,000 | $420,000 |
| Application Denied By Financial Institution | 29 | $4,288,000 | $147,000 | $437,000 | $56,000 | $105,000 |
| File Closed For Incompleteness | 29 | $5,877,000 | $202,000 | $480,000 | $86,000 | $385,000 |
| Preapproval Denied by Financial Institution | 19 | $2,655,000 | $139,000 | $280,000 | $53,000 | $101,000 |
| Application Withdrawn By Applicant | 18 | $4,483,000 | $249,000 | $560,000 | $83,000 | $162,000 |
| Loan Purchased By The 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 |
|---|---|---|---|---|---|---|
| Credit History | 27 | $3,573,000 | $132,000 | $280,000 | $56,000 | $105,000 |
| Debt-To-Income Ratio | 6 | $884,000 | $147,000 | $254,000 | $38,000 | $105,000 |
| Collateral | 5 | $1,058,000 | $211,000 | $437,000 | $65,000 | $101,000 |
| Employment History | 2 | $310,000 | $155,000 | $232,000 | $70,000 | $75,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $175,000 | $175,000 | $175,000 | $4,000 | $4,000 |
| Other | 1 | $142,000 | $142,000 | $142,000 | $47,000 | $47,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Mill City Credit Union's 2006 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess Mill City Credit Union's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Minnesota, download the full spreadsheet
with aggregated HMDA statistics today.