Merchants Bank, National Association
Mortgage Loan Application
Totals and Details
for 2005
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 Merchants Bank, National Association.
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 | Merchants Bank, National Association 102 East Third Street Winona, MN 55987 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 | 3,566 |
| Total Mortgage Loan Application Amount | $447,663,000 |
| Average Mortgage Loan Application Amount | $150,857 |
| Highest Mortgage Loan Application Amount | $1,000,000 |
| Average Applicant Income | $78,000 |
| Highest Applicant Income | $609,000 |
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 |
|---|---|---|---|---|
| Winona County Minnesota | 371 | $ 44,654,000 | $ 120,000 | $ 58,000 |
| Olmsted County Minnesota | 161 | $ 25,133,000 | $ 156,000 | $ 71,000 |
| Houston County Minnesota | 106 | $ 12,716,000 | $ 119,000 | $ 71,000 |
| La Crosse County Wisconsin | 94 | $ 11,998,000 | $ 127,000 | $ 71,000 |
| Blue Earth County Minnesota | 68 | $ 9,338,000 | $ 137,000 | $ 60,000 |
| Fillmore County Minnesota | 66 | $ 7,865,000 | $ 119,000 | $ 65,000 |
| Wabasha County Minnesota | 61 | $ 8,447,000 | $ 138,000 | $ 58,000 |
| Goodhue County Minnesota | 49 | $ 8,526,000 | $ 174,000 | $ 68,000 |
| Mower County Minnesota | 48 | $ 4,274,000 | $ 89,000 | $ 39,000 |
| Nobles County Minnesota | 43 | $ 3,606,000 | $ 83,000 | $ 30,000 |
| Koochiching County Minnesota | 38 | $ 4,080,000 | $ 107,000 | $ 51,000 |
| Trempealeau County Wisconsin | 38 | $ 4,310,000 | $ 113,000 | $ 49,000 |
| Dakota County Minnesota | 37 | $ 6,249,000 | $ 168,000 | $ 74,000 |
| Otter Tail County Minnesota | 37 | $ 5,692,000 | $ 153,000 | $ 100,000 |
| Wright County Minnesota | 33 | $ 5,002,000 | $ 151,000 | $ 50,000 |
| St. Louis County Minnesota | 32 | $ 4,748,000 | $ 148,000 | $ 62,000 |
| Steele County Minnesota | 32 | $ 4,379,000 | $ 136,000 | $ 44,000 |
| Waseca County Minnesota | 32 | $ 3,613,000 | $ 112,000 | $ 48,000 |
| Nicollet County Minnesota | 31 | $ 4,604,000 | $ 148,000 | $ 60,000 |
| Kandiyohi County Minnesota | 30 | $ 3,945,000 | $ 131,000 | $ 68,000 |
| Lyon County Minnesota | 30 | $ 2,985,000 | $ 99,000 | $ 46,000 |
| Dodge County Minnesota | 29 | $ 3,944,000 | $ 136,000 | $ 127,000 |
| Cass County North Dakota | 27 | $ 3,366,000 | $ 124,000 | $ 67,000 |
| Madison County Iowa | 24 | $ 3,784,000 | $ 157,000 | $ 63,000 |
| Douglas County Minnesota | 24 | $ 3,431,000 | $ 142,000 | $ 60,000 |
| Kanabec County Minnesota | 24 | $ 4,133,000 | $ 172,000 | $ 55,000 |
| Lawrence County South Dakota | 24 | $ 3,348,000 | $ 139,000 | $ 37,000 |
| Wapello County Iowa | 23 | $ 1,340,000 | $ 58,000 | $ 43,000 |
| Brown County Minnesota | 23 | $ 2,760,000 | $ 120,000 | $ 61,000 |
| Washington County Iowa | 21 | $ 2,916,000 | $ 138,000 | $ 72,000 |
| Clay County Minnesota | 21 | $ 2,055,000 | $ 97,000 | $ 54,000 |
| Cottonwood County Minnesota | 20 | $ 1,439,000 | $ 71,000 | $ 38,000 |
| Hubbard County Minnesota | 19 | $ 2,640,000 | $ 138,000 | $ 77,000 |
| Lake of the Woods County Minnesota | 18 | $ 1,640,000 | $ 91,000 | $ 42,000 |
| Rice County Minnesota | 18 | $ 2,706,000 | $ 150,000 | $ 63,000 |
| Grand Forks County North Dakota | 18 | $ 2,189,000 | $ 121,000 | $ 87,000 |
| Buffalo County Wisconsin | 18 | $ 1,720,000 | $ 95,000 | $ 49,000 |
| Hennepin County Minnesota | 17 | $ 3,146,000 | $ 185,000 | $ 164,000 |
| Henry County Iowa | 16 | $ 1,757,000 | $ 109,000 | $ 58,000 |
| Jones County Iowa | 16 | $ 1,574,000 | $ 98,000 | $ 72,000 |
| Winneshiek County Iowa | 16 | $ 1,843,000 | $ 115,000 | $ 61,000 |
| Roseau County Minnesota | 16 | $ 1,441,000 | $ 90,000 | $ 45,000 |
| Jackson County Minnesota | 15 | $ 1,325,000 | $ 88,000 | $ 44,000 |
| Le Sueur County Minnesota | 15 | $ 2,310,000 | $ 154,000 | $ 56,000 |
| Pennington County South Dakota | 14 | $ 2,387,000 | $ 170,000 | $ 71,000 |
| Becker County Minnesota | 13 | $ 1,968,000 | $ 151,000 | $ 48,000 |
| Meade County South Dakota | 13 | $ 1,954,000 | $ 150,000 | $ 64,000 |
| Freeborn County Minnesota | 12 | $ 1,218,000 | $ 101,000 | $ 50,000 |
| Murray County Minnesota | 12 | $ 966,000 | $ 80,000 | $ 58,000 |
| Barron County Wisconsin | 12 | $ 1,208,000 | $ 100,000 | $ 52,000 |
| Monroe County Wisconsin | 12 | $ 2,398,000 | $ 199,000 | $ 76,000 |
| Cerro Gordo County Iowa | 11 | $ 921,000 | $ 83,000 | $ 55,000 |
| Stark County North Dakota | 11 | $ 1,055,000 | $ 95,000 | $ 61,000 |
| Grant County Wisconsin | 11 | $ 1,173,000 | $ 106,000 | $ 63,000 |
| Jefferson County Iowa | 10 | $ 1,123,000 | $ 112,000 | $ 95,000 |
| Sibley County Minnesota | 10 | $ 1,159,000 | $ 115,000 | $ 79,000 |
| Custer County South Dakota | 10 | $ 1,846,000 | $ 184,000 | $ 101,000 |
| Jackson County Wisconsin | 10 | $ 1,302,000 | $ 130,000 | $ 71,000 |
| Polk County Minnesota | 9 | $ 751,000 | $ 83,000 | $ 51,000 |
| Butte County South Dakota | 9 | $ 1,049,000 | $ 116,000 | $ 36,000 |
| Douglas County Wisconsin | 9 | $ 1,190,000 | $ 132,000 | $ 59,000 |
| Greene County Iowa | 8 | $ 689,000 | $ 86,000 | $ 46,000 |
| Benton County Minnesota | 8 | $ 1,808,000 | $ 226,000 | $ 76,000 |
| Martin County Minnesota | 8 | $ 922,000 | $ 115,000 | $ 67,000 |
| Pembina County North Dakota | 8 | $ 746,000 | $ 93,000 | $ 91,000 |
| Ramsey County North Dakota | 8 | $ 533,000 | $ 66,000 | $ 56,000 |
| Walsh County North Dakota | 8 | $ 473,000 | $ 59,000 | $ 48,000 |
| Allamakee County Iowa | 7 | $ 820,000 | $ 117,000 | $ 59,000 |
| Worth County Iowa | 7 | $ 543,000 | $ 77,000 | $ 42,000 |
| Pine County Minnesota | 7 | $ 864,000 | $ 123,000 | $ 34,000 |
| Ramsey County Minnesota | 7 | $ 1,132,000 | $ 161,000 | $ 51,000 |
| Stearns County Minnesota | 7 | $ 769,000 | $ 109,000 | $ 65,000 |
| Vernon County Wisconsin | 7 | $ 923,000 | $ 131,000 | $ 58,000 |
| Faribault County Minnesota | 6 | $ 495,000 | $ 82,000 | $ 65,000 |
| Pennington County Minnesota | 6 | $ 487,000 | $ 81,000 | $ 50,000 |
| Fayette County Iowa | 5 | $ 305,000 | $ 61,000 | $ 29,000 |
| Johnson County Iowa | 5 | $ 811,000 | $ 162,000 | $ 81,000 |
| Linn County Iowa | 5 | $ 396,000 | $ 79,000 | $ 36,000 |
| Louisa County Iowa | 5 | $ 553,000 | $ 110,000 | $ 45,000 |
| Mitchell County Iowa | 5 | $ 591,000 | $ 118,000 | $ 60,000 |
| Lincoln County Minnesota | 5 | $ 472,000 | $ 94,000 | $ 56,000 |
| Marshall County Minnesota | 5 | $ 370,000 | $ 74,000 | $ 80,000 |
| Washington County Minnesota | 5 | $ 905,000 | $ 181,000 | $ 26,000 |
| Yellow Medicine County Minnesota | 5 | $ 428,000 | $ 85,000 | $ 42,000 |
| Fall River County South Dakota | 5 | $ 604,000 | $ 120,000 | $ 45,000 |
| Juneau County Wisconsin | 5 | $ 600,000 | $ 120,000 | $ 46,000 |
| Cedar County Iowa | 4 | $ 445,000 | $ 111,000 | $ 53,000 |
| Dallas County Iowa | 4 | $ 534,000 | $ 133,000 | $ 57,000 |
| Howard County Iowa | 4 | $ 279,000 | $ 69,000 | $ 32,000 |
| Lee County Iowa | 4 | $ 276,000 | $ 69,000 | $ 50,000 |
| Warren County Iowa | 4 | $ 615,000 | $ 153,000 | $ 50,000 |
| Anoka County Minnesota | 4 | $ 659,000 | $ 164,000 | $ 72,000 |
| Carlton County Minnesota | 4 | $ 428,000 | $ 107,000 | $ 61,000 |
| Isanti County Minnesota | 4 | $ 730,000 | $ 182,000 | $ 70,000 |
| Wadena County Minnesota | 4 | $ 457,000 | $ 114,000 | $ 43,000 |
| Mercer County North Dakota | 4 | $ 328,000 | $ 82,000 | $ 63,000 |
| Stutsman County North Dakota | 4 | $ 328,000 | $ 82,000 | $ 61,000 |
| Pierce County Wisconsin | 4 | $ 725,000 | $ 181,000 | $ 68,000 |
| Polk County Wisconsin | 4 | $ 332,000 | $ 83,000 | $ 35,000 |
| Clarke County Iowa | 3 | $ 203,000 | $ 67,000 | $ 44,000 |
| Des Moines County Iowa | 3 | $ 329,000 | $ 109,000 | $ 54,000 |
| Van Buren County Iowa | 3 | $ 197,000 | $ 65,000 | $ 49,000 |
| Cass County Minnesota | 3 | $ 331,000 | $ 110,000 | $ 55,000 |
| Meeker County Minnesota | 3 | $ 460,000 | $ 153,000 | $ 57,000 |
| Redwood County Minnesota | 3 | $ 428,000 | $ 142,000 | $ 62,000 |
| Scott County Minnesota | 3 | $ 839,000 | $ 279,000 | $ 56,000 |
| LaMoure County North Dakota | 3 | $ 402,000 | $ 134,000 | $ 57,000 |
| Morton County North Dakota | 3 | $ 338,000 | $ 112,000 | $ 80,000 |
| St. Croix County Wisconsin | 3 | $ 457,000 | $ 152,000 | $ 52,000 |
| Benton County Iowa | 2 | $ 125,000 | $ 62,000 | $ 18,000 |
| Hancock County Iowa | 2 | $ 168,000 | $ 84,000 | $ 44,000 |
| Keokuk County Iowa | 2 | $ 285,000 | $ 142,000 | $ 53,000 |
| Polk County Iowa | 2 | $ 195,000 | $ 97,000 | $ 40,000 |
| Wayne County Michigan | 2 | $ 182,000 | $ 91,000 | $ 40,000 |
| Beltrami County Minnesota | 2 | $ 240,000 | $ 120,000 | $ 130,000 |
| Crow Wing County Minnesota | 2 | $ 472,000 | $ 236,000 | $ 177,000 |
| Itasca County Minnesota | 2 | $ 382,000 | $ 191,000 | $ 148,000 |
| Lac qui Parle County Minnesota | 2 | $ 129,000 | $ 64,000 | $ 53,000 |
| McLeod County Minnesota | 2 | $ 439,000 | $ 219,000 | $ 79,000 |
| Mille Lacs County Minnesota | 2 | $ 252,000 | $ 126,000 | $ 38,000 |
| Morrison County Minnesota | 2 | $ 346,000 | $ 173,000 | $ 78,000 |
| Pope County Minnesota | 2 | $ 181,000 | $ 90,000 | $ 55,000 |
| Sherburne County Minnesota | 2 | $ 455,000 | $ 227,000 | $ 73,000 |
| Emmons County North Dakota | 2 | $ 95,000 | $ 47,000 | $ 44,000 |
| McLean County North Dakota | 2 | $ 200,000 | $ 100,000 | $ 54,000 |
| Union County South Dakota | 2 | $ 271,000 | $ 135,000 | $ 34,000 |
| Burnett County Wisconsin | 2 | $ 176,000 | $ 88,000 | $ 150,000 |
| Iowa County Wisconsin | 2 | $ 121,000 | $ 60,000 | $ 72,000 |
| Portage County Wisconsin | 2 | $ 244,000 | $ 122,000 | $ 88,000 |
| Crook County Wyoming | 2 | $ 587,000 | $ 293,000 | $ 72,000 |
| Maricopa County Arizona | 1 | $ 366,000 | $ 366,000 | $ 250,000 |
| Mohave County Arizona | 1 | $ 200,000 | $ 200,000 | $ 289,000 |
| Pima County Arizona | 1 | $ 160,000 | $ 160,000 | $ 120,000 |
| Summit County Colorado | 1 | $ 100,000 | $ 100,000 | $ 24,000 |
| Manatee County Florida | 1 | $ 255,000 | $ 255,000 | $ 192,000 |
| McHenry County Illinois | 1 | $ 336,000 | $ 336,000 | $ 74,000 |
| Black Hawk County Iowa | 1 | $ 85,000 | $ 85,000 | $ 48,000 |
| Carroll County Iowa | 1 | $ 88,000 | $ 88,000 | $ 61,000 |
| Chickasaw County Iowa | 1 | $ 225,000 | $ 225,000 | $ 63,000 |
| Delaware County Iowa | 1 | $ 63,000 | $ 63,000 | $ 39,000 |
| Dickinson County Iowa | 1 | $ 160,000 | $ 160,000 | $ 25,000 |
| Grundy County Iowa | 1 | $ 200,000 | $ 200,000 | $ 55,000 |
| Guthrie County Iowa | 1 | $ 180,000 | $ 180,000 | $ 240,000 |
| Iowa County Iowa | 1 | $ 62,000 | $ 62,000 | $ 29,000 |
| Jackson County Iowa | 1 | $ 60,000 | $ 60,000 | $ 28,000 |
| Kossuth County Iowa | 1 | $ 142,000 | $ 142,000 | $ 40,000 |
| Lucas County Iowa | 1 | $ 140,000 | $ 140,000 | $ 77,000 |
| Marshall County Iowa | 1 | $ 28,000 | $ 28,000 | $ 63,000 |
| Montgomery County Iowa | 1 | $ 38,000 | $ 38,000 | $ 33,000 |
| Muscatine County Iowa | 1 | $ 140,000 | $ 140,000 | $ 91,000 |
| Osceola County Iowa | 1 | $ 76,000 | $ 76,000 | $ 39,000 |
| Pottawattamie County Iowa | 1 | $ 131,000 | $ 131,000 | $ 78,000 |
| Story County Iowa | 1 | $ 60,000 | $ 60,000 | $ 54,000 |
| Tama County Iowa | 1 | $ 263,000 | $ 263,000 | $ 96,000 |
| Union County Iowa | 1 | $ 27,000 | $ 27,000 | $ 24,000 |
| Wayne County Iowa | 1 | $ 90,000 | $ 90,000 | $ 68,000 |
| Aitkin County Minnesota | 1 | $ 162,000 | $ 162,000 | $ 65,000 |
| Carver County Minnesota | 1 | $ 120,000 | $ 120,000 | $ 31,000 |
| Chippewa County Minnesota | 1 | $ 29,000 | $ 29,000 | $ 36,000 |
| Chisago County Minnesota | 1 | $ 227,000 | $ 227,000 | $ 71,000 |
| Clearwater County Minnesota | 1 | $ 103,000 | $ 103,000 | $ 41,000 |
| Cook County Minnesota | 1 | $ 79,000 | $ 79,000 | $ 29,000 |
| Red Lake County Minnesota | 1 | $ 104,000 | $ 104,000 | $ 48,000 |
| Todd County Minnesota | 1 | $ 100,000 | $ 100,000 | $ 35,000 |
| Watonwan County Minnesota | 1 | $ 114,000 | $ 114,000 | $ 67,000 |
| Greene County Missouri | 1 | $ 187,000 | $ 187,000 | $ 166,000 |
| Marion County Missouri | 1 | $ 82,000 | $ 82,000 | $ 48,000 |
| Douglas County Nebraska | 1 | $ 46,000 | $ 46,000 | $ 38,000 |
| Adams County North Dakota | 1 | $ 67,000 | $ 67,000 | $ 59,000 |
| Billings County North Dakota | 1 | $ 87,000 | $ 87,000 | $ 55,000 |
| Cavalier County North Dakota | 1 | $ 125,000 | $ 125,000 | $ 69,000 |
| Dickey County North Dakota | 1 | $ 67,000 | $ 67,000 | $ 58,000 |
| Golden Valley County North Dakota | 1 | $ 36,000 | $ 36,000 | $ 17,000 |
| Kidder County North Dakota | 1 | $ 59,000 | $ 59,000 | $ 22,000 |
| Ransom County North Dakota | 1 | $ 56,000 | $ 56,000 | $ 78,000 |
| Richland County North Dakota | 1 | $ 76,000 | $ 76,000 | $ 40,000 |
| Traill County North Dakota | 1 | $ 63,000 | $ 63,000 | $ 36,000 |
| Ward County North Dakota | 1 | $ 73,000 | $ 73,000 | $ 61,000 |
| Beadle County South Dakota | 1 | $ 178,000 | $ 178,000 | $ 70,000 |
| Deuel County South Dakota | 1 | $ 236,000 | $ 236,000 | $ 305,000 |
| Ashland County Wisconsin | 1 | $ 94,000 | $ 94,000 | $ 46,000 |
| Door County Wisconsin | 1 | $ 115,000 | $ 115,000 | $ 35,000 |
| Marquette County Wisconsin | 1 | $ 39,000 | $ 39,000 | $ 21,000 |
| Pepin County Wisconsin | 1 | $ 63,000 | $ 63,000 | $ 35,000 |
| Rusk County Wisconsin | 1 | $ 66,000 | $ 66,000 | $ 35,000 |
| Sawyer County Wisconsin | 1 | $ 104,000 | $ 104,000 | $ 35,000 |
| Wood County Wisconsin | 1 | $ 127,000 | $ 127,000 | $ 45,000 |
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 Merchants Bank, National Association in 2005
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 | 1,892 | $248,092,000 | $151,636 | $1,000,000 | $87,727 | $609,000 |
| Refinancing | 1,518 | $184,160,000 | $172,000 | $744,000 | $78,545 | $482,000 |
| Home Improvement | 156 | $15,411,000 | $110,666 | $400,000 | $59,166 | $520,000 |
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 |
|---|---|---|---|---|---|---|
| White | 3,035 | $379,593,000 | $138,916 | $744,000 | $77,083 | $609,000 |
| Not applicable | 263 | $33,609,000 | $146,000 | $554,000 | $58,333 | $482,000 |
| Not Provided | 174 | $23,735,000 | $146,571 | $650,000 | $82,857 | $457,000 |
| Hispanic | 40 | $3,658,000 | $83,500 | $262,000 | $50,750 | $103,000 |
| Asian | 33 | $4,722,000 | $152,666 | $1,000,000 | $101,000 | $482,000 |
| Black or African American | 11 | $1,332,000 | $121,333 | $230,000 | $52,333 | $99,000 |
| American Indian or Alaskan Native | 8 | $798,000 | $96,000 | $197,000 | $94,000 | $289,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $216,000 | $108,000 | $110,000 | $32,000 | $40,000 |
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) | 3,556 | $446,445,000 | $159,142 | $1,000,000 | $81,500 | $609,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 5 | $369,000 | $72,500 | $120,000 | $37,250 | $47,000 |
| VA-guaranteed (Veterans Administration) | 5 | $849,000 | $160,000 | $235,000 | $64,000 | $87,000 |
| 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 | 3,055 | $378,277,000 | $136,583 | $744,000 | $73,333 | $609,000 |
| Loan Purchased By The Institution | 257 | $32,480,000 | $145,000 | $350,000 | $60,166 | $482,000 |
| Application Withdrawn By Applicant | 168 | $25,140,000 | $141,166 | $1,000,000 | $84,500 | $482,000 |
| Application Approved But Not Accepted | 37 | $5,228,000 | $158,750 | $279,000 | $90,750 | $166,000 |
| Application Denied By Financial Institution | 33 | $3,985,000 | $119,333 | $292,000 | $29,666 | $85,000 |
| File Closed For Incompleteness | 16 | $2,553,000 | $191,750 | $517,000 | $104,500 | $288,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 19 | $2,316,000 | $127,000 | $292,000 | $36,000 | $85,000 |
| Debt-To-Income Ratio | 10 | $1,268,000 | $127,333 | $225,000 | $22,666 | $71,000 |
| Collateral | 2 | $61,000 | $30,500 | $48,000 | $54,500 | $78,000 |
| Other | 1 | $160,000 | $160,000 | $160,000 | $40,000 | $40,000 |
| Unverifiable Information | 1 | $180,000 | $180,000 | $180,000 | $41,000 | $41,000 |
| Credit Application Incomplete | 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.