Members Cooperative
Mortgage Loan Application
Totals and Details
for 2022

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 Members Cooperative.
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 Members Cooperative
4628 Mike Colalillo Dr
Duluth, MN 55807
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 1,247
Total Mortgage Loan Application Amount $195,665,000
Average Mortgage Loan Application Amount $142,800
Highest Mortgage Loan Application Amount $18,005,000
Average Applicant Income $81,800
Highest Applicant Income $1,399,000

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 Members Cooperative by County in 2022

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 292 $ 59,650,000 $ 204,000 $ 83,000
Carlton County Minnesota 147 $ 20,325,000 $ 138,000 $ 79,000
Itasca County Minnesota 135 $ 23,915,000 $ 177,000 $ 103,000
Pine County Minnesota 101 $ 11,155,000 $ 110,000 $ 66,000
Aitkin County Minnesota 66 $ 7,290,000 $ 110,000 $ 68,000
Douglas County Wisconsin 41 $ 5,875,000 $ 143,000 $ 82,000
Crow Wing County Minnesota 35 $ 5,665,000 $ 161,000 $ 75,000
Chisago County Minnesota 33 $ 4,885,000 $ 148,000 $ 89,000
Anoka County Minnesota 13 $ 2,185,000 $ 168,000 $ 87,000
Isanti County Minnesota 11 $ 1,755,000 $ 159,000 $ 84,000
Horry County South Carolina 10 $ 1,180,000 $ 118,000 $ 0
Cass County Minnesota 9 $ 1,635,000 $ 181,000 $ 100,000
Kanabec County Minnesota 9 $ 715,000 $ 79,000 $ 55,000
Lee County Alabama 5 $ 495,000 $ 99,000 $ 0
Hennepin County Minnesota 5 $ 635,000 $ 127,000 $ 381,000
Ramsey County Minnesota 5 $ 1,745,000 $ 349,000 $ 183,000
Mille Lacs County Minnesota 4 $ 810,000 $ 202,000 $ 77,000
Morrison County Minnesota 4 $ 210,000 $ 52,000 $ 88,000
Saline County Arkansas 3 $ 315,000 $ 105,000 $ 0
Madison County Florida 3 $ 535,000 $ 178,000 $ 0
Putnam County Georgia 3 $ 395,000 $ 131,000 $ 0
Grant County Louisiana 3 $ 365,000 $ 121,000 $ 0
Tangipahoa County Louisiana 3 $ 275,000 $ 91,000 $ 0
Sherburne County Minnesota 3 $ 185,000 $ 61,000 $ 103,000
Camp County Texas 3 $ 575,000 $ 191,000 $ 0
Ellis County Texas 3 $ 395,000 $ 131,000 $ 0
Calhoun County Alabama 2 $ 240,000 $ 120,000 $ 0
Chambers County Alabama 2 $ 170,000 $ 85,000 $ 0
Marshall County Alabama 2 $ 310,000 $ 155,000 $ 0
Russell County Alabama 2 $ 300,000 $ 150,000 $ 0
Los Angeles County California 2 $ 560,000 $ 280,000 $ 0
Sonoma County California 2 $ 480,000 $ 240,000 $ 0
Bradford County Florida 2 $ 320,000 $ 160,000 $ 0
DeSoto County Florida 2 $ 390,000 $ 195,000 $ 0
Duval County Florida 2 $ 210,000 $ 105,000 $ 0
Hamilton County Florida 2 $ 210,000 $ 105,000 $ 0
Putnam County Florida 2 $ 290,000 $ 145,000 $ 0
Sumter County Florida 2 $ 310,000 $ 155,000 $ 0
Suwannee County Florida 2 $ 220,000 $ 110,000 $ 0
Liberty County Georgia 2 $ 200,000 $ 100,000 $ 0
Madison County Georgia 2 $ 160,000 $ 80,000 $ 0
White County Georgia 2 $ 370,000 $ 185,000 $ 0
Bossier County Louisiana 2 $ 400,000 $ 200,000 $ 0
Caddo County Louisiana 2 $ 210,000 $ 105,000 $ 0
Jackson County Louisiana 2 $ 370,000 $ 185,000 $ 0
Morehouse County Louisiana 2 $ 160,000 $ 80,000 $ 0
Red River County Louisiana 2 $ 190,000 $ 95,000 $ 0
Vernon County Louisiana 2 $ 220,000 $ 110,000 $ 0
Webster County Louisiana 2 $ 190,000 $ 95,000 $ 0
Beltrami County Minnesota 2 $ 290,000 $ 145,000 $ 43,000
Hubbard County Minnesota 2 $ 220,000 $ 110,000 $ 57,000
Lake County Minnesota 2 $ 380,000 $ 190,000 $ 97,000
Renville County Minnesota 2 $ 120,000 $ 60,000 $ 45,000
Washington County Minnesota 2 $ 130,000 $ 65,000 $ 63,000
Lauderdale County Mississippi 2 $ 400,000 $ 200,000 $ 0
Panola County Mississippi 2 $ 440,000 $ 220,000 $ 0
Pontotoc County Mississippi 2 $ 300,000 $ 150,000 $ 0
Robeson County North Carolina 2 $ 230,000 $ 115,000 $ 0
Creek County Oklahoma 2 $ 140,000 $ 70,000 $ 0
Logan County Oklahoma 2 $ 180,000 $ 90,000 $ 0
Rogers County Oklahoma 2 $ 310,000 $ 155,000 $ 0
Aiken County South Carolina 2 $ 200,000 $ 100,000 $ 0
Berkeley County South Carolina 2 $ 280,000 $ 140,000 $ 0
Dorchester County South Carolina 2 $ 340,000 $ 170,000 $ 0
Lexington County South Carolina 2 $ 320,000 $ 160,000 $ 0
Angelina County Texas 2 $ 180,000 $ 90,000 $ 0
Bowie County Texas 2 $ 330,000 $ 165,000 $ 0
Cherokee County Texas 2 $ 260,000 $ 130,000 $ 0
Ector County Texas 2 $ 290,000 $ 145,000 $ 0
Grayson County Texas 2 $ 150,000 $ 75,000 $ 0
Hardin County Texas 2 $ 370,000 $ 185,000 $ 0
Harrison County Texas 2 $ 330,000 $ 165,000 $ 0
Jasper County Texas 2 $ 210,000 $ 105,000 $ 0
Sabine County Texas 2 $ 190,000 $ 95,000 $ 0
Smith County Texas 2 $ 220,000 $ 110,000 $ 0
Wilson County Texas 2 $ 410,000 $ 205,000 $ 0
Bayfield County Wisconsin 2 $ 170,000 $ 85,000 $ 61,000
Pierce County Wisconsin 2 $ 980,000 $ 490,000 $ 217,000
St. Croix County Wisconsin 2 $ 530,000 $ 265,000 $ 98,000
Bibb County Alabama 1 $ 165,000 $ 165,000 $ 0
Blount County Alabama 1 $ 135,000 $ 135,000 $ 0
Chilton County Alabama 1 $ 65,000 $ 65,000 $ 0
Colbert County Alabama 1 $ 105,000 $ 105,000 $ 0
Cullman County Alabama 1 $ 125,000 $ 125,000 $ 0
Dallas County Alabama 1 $ 75,000 $ 75,000 $ 0
Elmore County Alabama 1 $ 85,000 $ 85,000 $ 0
Etowah County Alabama 1 $ 145,000 $ 145,000 $ 0
Houston County Alabama 1 $ 175,000 $ 175,000 $ 0
Jefferson County Alabama 1 $ 185,000 $ 185,000 $ 0
Lowndes County Alabama 1 $ 105,000 $ 105,000 $ 0
Marion County Alabama 1 $ 105,000 $ 105,000 $ 0
Randolph County Alabama 1 $ 185,000 $ 185,000 $ 0
Sumter County Alabama 1 $ 65,000 $ 65,000 $ 0
Tallapoosa County Alabama 1 $ 165,000 $ 165,000 $ 0
Washington County Alabama 1 $ 145,000 $ 145,000 $ 0
Winston County Alabama 1 $ 195,000 $ 195,000 $ 0
Maricopa County Arizona 1 $ 65,000 $ 65,000 $ 0
Cleburne County Arkansas 1 $ 155,000 $ 155,000 $ 0
Crittenden County Arkansas 1 $ 225,000 $ 225,000 $ 0
Garland County Arkansas 1 $ 85,000 $ 85,000 $ 0
Independence County Arkansas 1 $ 75,000 $ 75,000 $ 0
Johnson County Arkansas 1 $ 55,000 $ 55,000 $ 0
Lafayette County Arkansas 1 $ 85,000 $ 85,000 $ 0
Logan County Arkansas 1 $ 115,000 $ 115,000 $ 0
Montgomery County Arkansas 1 $ 205,000 $ 205,000 $ 0
Prairie County Arkansas 1 $ 75,000 $ 75,000 $ 0
Washington County Arkansas 1 $ 85,000 $ 85,000 $ 0
White County Arkansas 1 $ 125,000 $ 125,000 $ 0
Yell County Arkansas 1 $ 105,000 $ 105,000 $ 0
Marin County California 1 $ 165,000 $ 165,000 $ 0
Orange County California 1 $ 85,000 $ 85,000 $ 0
San Mateo County California 1 $ 105,000 $ 105,000 $ 0
Ventura County California 1 $ 215,000 $ 215,000 $ 0
Alachua County Florida 1 $ 175,000 $ 175,000 $ 0
Brevard County Florida 1 $ 165,000 $ 165,000 $ 0
Broward County Florida 1 $ 85,000 $ 85,000 $ 0
Clay County Florida 1 $ 155,000 $ 155,000 $ 0
Columbia County Florida 1 $ 195,000 $ 195,000 $ 0
Escambia County Florida 1 $ 165,000 $ 165,000 $ 0
Franklin County Florida 1 $ 115,000 $ 115,000 $ 0
Hernando County Florida 1 $ 65,000 $ 65,000 $ 0
Holmes County Florida 1 $ 75,000 $ 75,000 $ 0
Nassau County Florida 1 $ 225,000 $ 225,000 $ 0
Okeechobee County Florida 1 $ 75,000 $ 75,000 $ 0
Pasco County Florida 1 $ 105,000 $ 105,000 $ 0
Santa Rosa County Florida 1 $ 185,000 $ 185,000 $ 0
Appling County Georgia 1 $ 95,000 $ 95,000 $ 0
Atkinson County Georgia 1 $ 115,000 $ 115,000 $ 0
Baldwin County Georgia 1 $ 145,000 $ 145,000 $ 0
Bulloch County Georgia 1 $ 175,000 $ 175,000 $ 0
Carroll County Georgia 1 $ 185,000 $ 185,000 $ 0
Chattooga County Georgia 1 $ 85,000 $ 85,000 $ 0
Coffee County Georgia 1 $ 175,000 $ 175,000 $ 0
Columbia County Georgia 1 $ 125,000 $ 125,000 $ 0
Floyd County Georgia 1 $ 125,000 $ 125,000 $ 0
Jones County Georgia 1 $ 115,000 $ 115,000 $ 0
Lamar County Georgia 1 $ 165,000 $ 165,000 $ 0
Long County Georgia 1 $ 155,000 $ 155,000 $ 0
Lowndes County Georgia 1 $ 85,000 $ 85,000 $ 0
McDuffie County Georgia 1 $ 175,000 $ 175,000 $ 0
Monroe County Georgia 1 $ 135,000 $ 135,000 $ 0
Newton County Georgia 1 $ 165,000 $ 165,000 $ 0
Paulding County Georgia 1 $ 85,000 $ 85,000 $ 0
Taylor County Georgia 1 $ 105,000 $ 105,000 $ 0
Thomas County Georgia 1 $ 155,000 $ 155,000 $ 0
Wayne County Georgia 1 $ 225,000 $ 225,000 $ 0
Whitfield County Georgia 1 $ 155,000 $ 155,000 $ 0
Wilkinson County Georgia 1 $ 175,000 $ 175,000 $ 0
Calcasieu County Louisiana 1 $ 95,000 $ 95,000 $ 0
De Soto County Louisiana 1 $ 85,000 $ 85,000 $ 0
East Feliciana County Louisiana 1 $ 195,000 $ 195,000 $ 0
Evangeline County Louisiana 1 $ 125,000 $ 125,000 $ 0
Lincoln County Louisiana 1 $ 155,000 $ 155,000 $ 0
Livingston County Louisiana 1 $ 125,000 $ 125,000 $ 0
Richland County Louisiana 1 $ 75,000 $ 75,000 $ 0
St. Charles County Louisiana 1 $ 135,000 $ 135,000 $ 0
St. Landry County Louisiana 1 $ 125,000 $ 125,000 $ 0
Terrebonne County Louisiana 1 $ 95,000 $ 95,000 $ 0
Vermilion County Louisiana 1 $ 75,000 $ 75,000 $ 0
Washington County Louisiana 1 $ 185,000 $ 185,000 $ 0
West Baton Rouge County Louisiana 1 $ 85,000 $ 85,000 $ 0
West Carroll County Louisiana 1 $ 205,000 $ 205,000 $ 0
Becker County Minnesota 1 $ 235,000 $ 235,000 $ 86,000
Benton County Minnesota 1 $ 235,000 $ 235,000 $ 67,000
Clay County Minnesota 1 $ 415,000 $ 415,000 $ 253,000
Clearwater County Minnesota 1 $ 1,085,000 $ 1,085,000 $ 0
Dakota County Minnesota 1 $ 345,000 $ 345,000 $ 118,000
Meeker County Minnesota 1 $ 75,000 $ 75,000 $ 89,000
Otter Tail County Minnesota 1 $ 215,000 $ 215,000 $ 79,000
Roseau County Minnesota 1 $ 395,000 $ 395,000 $ 162,000
Stearns County Minnesota 1 $ 155,000 $ 155,000 $ 71,000
Wadena County Minnesota 1 $ 165,000 $ 165,000 $ 49,000
Wright County Minnesota 1 $ 25,000 $ 25,000 $ 107,000
Calhoun County Mississippi 1 $ 115,000 $ 115,000 $ 0
Claiborne County Mississippi 1 $ 215,000 $ 215,000 $ 0
Franklin County Mississippi 1 $ 355,000 $ 355,000 $ 0
Hancock County Mississippi 1 $ 95,000 $ 95,000 $ 0
Itawamba County Mississippi 1 $ 75,000 $ 75,000 $ 0
Jackson County Mississippi 1 $ 195,000 $ 195,000 $ 0
Jefferson Davis County Mississippi 1 $ 95,000 $ 95,000 $ 0
Jones County Mississippi 1 $ 175,000 $ 175,000 $ 0
Marion County Mississippi 1 $ 205,000 $ 205,000 $ 0
Marshall County Mississippi 1 $ 135,000 $ 135,000 $ 0
Noxubee County Mississippi 1 $ 205,000 $ 205,000 $ 0
Smith County Mississippi 1 $ 135,000 $ 135,000 $ 0
Stone County Mississippi 1 $ 105,000 $ 105,000 $ 0
Union County Mississippi 1 $ 95,000 $ 95,000 $ 0
Winston County Mississippi 1 $ 65,000 $ 65,000 $ 0
Yalobusha County Mississippi 1 $ 195,000 $ 195,000 $ 0
Yazoo County Mississippi 1 $ 115,000 $ 115,000 $ 0
Dade County Missouri 1 $ 185,000 $ 185,000 $ 0
Bernalillo County New Mexico 1 $ 85,000 $ 85,000 $ 0
Chaves County New Mexico 1 $ 65,000 $ 65,000 $ 0
Brunswick County North Carolina 1 $ 255,000 $ 255,000 $ 0
Columbus County North Carolina 1 $ 175,000 $ 175,000 $ 0
Craven County North Carolina 1 $ 115,000 $ 115,000 $ 0
Harnett County North Carolina 1 $ 105,000 $ 105,000 $ 0
Jackson County North Carolina 1 $ 125,000 $ 125,000 $ 0
Johnston County North Carolina 1 $ 125,000 $ 125,000 $ 0
Tyrrell County North Carolina 1 $ 45,000 $ 45,000 $ 0
Union County North Carolina 1 $ 265,000 $ 265,000 $ 0
Atoka County Oklahoma 1 $ 325,000 $ 325,000 $ 0
Bryan County Oklahoma 1 $ 125,000 $ 125,000 $ 0
Caddo County Oklahoma 1 $ 65,000 $ 65,000 $ 0
Cleveland County Oklahoma 1 $ 105,000 $ 105,000 $ 0
Garvin County Oklahoma 1 $ 65,000 $ 65,000 $ 0
Grady County Oklahoma 1 $ 115,000 $ 115,000 $ 0
Johnston County Oklahoma 1 $ 145,000 $ 145,000 $ 0
Lincoln County Oklahoma 1 $ 65,000 $ 65,000 $ 0
Mayes County Oklahoma 1 $ 65,000 $ 65,000 $ 0
Muskogee County Oklahoma 1 $ 65,000 $ 65,000 $ 0
Nowata County Oklahoma 1 $ 225,000 $ 225,000 $ 0
Seminole County Oklahoma 1 $ 75,000 $ 75,000 $ 0
Franklin County Pennsylvania 1 $ 45,000 $ 45,000 $ 0
Colleton County South Carolina 1 $ 205,000 $ 205,000 $ 0
Florence County South Carolina 1 $ 105,000 $ 105,000 $ 0
Georgetown County South Carolina 1 $ 165,000 $ 165,000 $ 0
Laurens County South Carolina 1 $ 125,000 $ 125,000 $ 0
Lee County South Carolina 1 $ 175,000 $ 175,000 $ 0
Marion County South Carolina 1 $ 75,000 $ 75,000 $ 0
Orangeburg County South Carolina 1 $ 75,000 $ 75,000 $ 0
Richland County South Carolina 1 $ 145,000 $ 145,000 $ 0
Union County South Carolina 1 $ 35,000 $ 35,000 $ 0
Williamsburg County South Carolina 1 $ 175,000 $ 175,000 $ 0
Fayette County Tennessee 1 $ 135,000 $ 135,000 $ 0
Jefferson County Tennessee 1 $ 115,000 $ 115,000 $ 0
Meigs County Tennessee 1 $ 175,000 $ 175,000 $ 0
Weakley County Tennessee 1 $ 155,000 $ 155,000 $ 0
Anderson County Texas 1 $ 165,000 $ 165,000 $ 0
Bastrop County Texas 1 $ 165,000 $ 165,000 $ 0
Brazoria County Texas 1 $ 145,000 $ 145,000 $ 0
Coryell County Texas 1 $ 205,000 $ 205,000 $ 0
Crane County Texas 1 $ 175,000 $ 175,000 $ 0
Donley County Texas 1 $ 85,000 $ 85,000 $ 0
Fayette County Texas 1 $ 85,000 $ 85,000 $ 0
Franklin County Texas 1 $ 95,000 $ 95,000 $ 0
Harris County Texas 1 $ 125,000 $ 125,000 $ 0
Hays County Texas 1 $ 185,000 $ 185,000 $ 0
Hidalgo County Texas 1 $ 85,000 $ 85,000 $ 0
Johnson County Texas 1 $ 105,000 $ 105,000 $ 0
Karnes County Texas 1 $ 105,000 $ 105,000 $ 0
Kaufman County Texas 1 $ 135,000 $ 135,000 $ 0
Kendall County Texas 1 $ 105,000 $ 105,000 $ 0
Madison County Texas 1 $ 225,000 $ 225,000 $ 0
Marion County Texas 1 $ 75,000 $ 75,000 $ 0
Medina County Texas 1 $ 155,000 $ 155,000 $ 0
Midland County Texas 1 $ 145,000 $ 145,000 $ 0
Montague County Texas 1 $ 155,000 $ 155,000 $ 0
Morris County Texas 1 $ 105,000 $ 105,000 $ 0
Navarro County Texas 1 $ 95,000 $ 95,000 $ 0
Panola County Texas 1 $ 125,000 $ 125,000 $ 0
Parker County Texas 1 $ 85,000 $ 85,000 $ 0
Runnels County Texas 1 $ 125,000 $ 125,000 $ 0
Rusk County Texas 1 $ 115,000 $ 115,000 $ 0
San Jacinto County Texas 1 $ 135,000 $ 135,000 $ 0
Shelby County Texas 1 $ 195,000 $ 195,000 $ 0
Taylor County Texas 1 $ 65,000 $ 65,000 $ 0
Upshur County Texas 1 $ 75,000 $ 75,000 $ 0
Van Zandt County Texas 1 $ 245,000 $ 245,000 $ 0
Victoria County Texas 1 $ 175,000 $ 175,000 $ 0
Waller County Texas 1 $ 75,000 $ 75,000 $ 0
Zavala County Texas 1 $ 245,000 $ 245,000 $ 0
Morgan County Utah 1 $ 55,000 $ 55,000 $ 0
Buffalo County Wisconsin 1 $ 85,000 $ 85,000 $ 80,000
Burnett County Wisconsin 1 $ 65,000 $ 65,000 $ 102,000
Dane County Wisconsin 1 $ 155,000 $ 155,000 $ 119,000
Kewaunee County Wisconsin 1 $ 55,000 $ 55,000 $ 83,000
Polk County Wisconsin 1 $ 45,000 $ 45,000 $ 78,000
Rusk County Wisconsin 1 $ 45,000 $ 45,000 $ 44,000
Vernon County Wisconsin 1 $ 115,000 $ 115,000 $ 31,000
Waushara County Wisconsin 1 $ 195,000 $ 195,000 $ 52,000

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 Members Cooperative in 2022

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 714 $122,980,000 $172,000 $765,000 $88,000 $973,000
Other Purpose 181 $11,305,000 $62,000 $335,000 $82,000 $820,000
Refinancing 159 $36,855,000 $231,000 $18,005,000 $81,000 $1,399,000
Cash-out Refinancing 100 $18,720,000 $187,000 $1,085,000 $74,000 $285,000
Home Improvement 93 $5,805,000 $62,000 $405,000 $84,000 $390,000
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 783 $112,315,000 $143,000 $745,000 $83,000 $1,399,000
Not applicable 326 $63,140,000 $193,000 $18,005,000 $0 $0
Not Provided 92 $12,980,000 $141,000 $765,000 $88,000 $973,000
American Indian or Alaskan Native 23 $3,485,000 $151,000 $405,000 $79,000 $162,000
Hispanic 11 $1,495,000 $135,000 $405,000 $127,000 $390,000
Black or African American 7 $1,385,000 $197,000 $645,000 $112,000 $244,000
Asian 3 $455,000 $151,000 $185,000 $110,000 $141,000
Native Hawaiian or Other Pacific Islander 2 $410,000 $205,000 $345,000 $101,000 $101,000

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) 1,242 $195,030,000 $157,000 $18,005,000 $84,000 $1,399,000
FHA-insured (Federal Housing Administration) 4 $470,000 $117,000 $175,000 $58,000 $95,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $165,000 $165,000 $165,000 $49,000 $49,000
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
Loan Originated 717 $124,315,000 $173,000 $18,005,000 $83,000 $820,000
Loan Purchased By The Institution 299 $40,105,000 $134,000 $375,000 $0 $0
Application Withdrawn By Applicant 103 $17,475,000 $169,000 $745,000 $117,000 $1,399,000
Application Denied By Financial Institution 93 $10,305,000 $110,000 $595,000 $62,000 $244,000
File Closed For Incompleteness 32 $3,110,000 $97,000 $315,000 $67,000 $223,000
Application Approved But Not Accepted 3 $355,000 $118,000 $185,000 $47,000 $93,000
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 1,154 $185,360,000 $160,000 $18,005,000 $86,000 $1,399,000
Debt-To-Income Ratio 48 $6,510,000 $135,000 $595,000 $58,000 $244,000
Credit History 31 $2,395,000 $77,000 $255,000 $63,000 $142,000
Collateral 9 $555,000 $61,000 $145,000 $62,000 $120,000
Other 3 $535,000 $178,000 $215,000 $77,000 $112,000
Unverifiable Information 1 $285,000 $285,000 $285,000 $181,000 $181,000
Credit Application Incomplete 1 $25,000 $25,000 $25,000 $46,000 $46,000
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

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