Merchants Bank, National Association
Mortgage Loan Application
Totals and Details
for 2012
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 | 5,815 |
| Total Mortgage Loan Application Amount | $885,428,000 |
| Average Mortgage Loan Application Amount | $135,000 |
| Highest Mortgage Loan Application Amount | $2,900,000 |
| Average Applicant Income | $83,666 |
| Highest Applicant Income | $3,229,000 |
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 | 861 | $ 118,039,000 | $ 137,000 | $ 70,000 |
| Houston County Minnesota | 366 | $ 43,199,000 | $ 118,000 | $ 67,000 |
| Dakota County Minnesota | 322 | $ 63,931,000 | $ 198,000 | $ 99,000 |
| Olmsted County Minnesota | 272 | $ 48,520,000 | $ 178,000 | $ 105,000 |
| La Crosse County Wisconsin | 269 | $ 38,456,000 | $ 142,000 | $ 79,000 |
| Goodhue County Minnesota | 267 | $ 40,908,000 | $ 153,000 | $ 85,000 |
| Otter Tail County Minnesota | 233 | $ 39,277,000 | $ 168,000 | $ 87,000 |
| Washington County Iowa | 114 | $ 14,618,000 | $ 128,000 | $ 0 |
| St. Louis County Minnesota | 107 | $ 16,453,000 | $ 153,000 | $ 91,000 |
| Roseau County Minnesota | 101 | $ 10,830,000 | $ 107,000 | $ 70,000 |
| Washington County Minnesota | 97 | $ 19,624,000 | $ 202,000 | $ 118,000 |
| Hennepin County Minnesota | 93 | $ 22,311,000 | $ 239,000 | $ 161,000 |
| Hubbard County Minnesota | 84 | $ 12,867,000 | $ 153,000 | $ 86,000 |
| Lyon County Minnesota | 82 | $ 11,485,000 | $ 140,000 | $ 72,000 |
| Fillmore County Minnesota | 77 | $ 10,165,000 | $ 132,000 | $ 73,000 |
| Steele County Minnesota | 76 | $ 11,248,000 | $ 148,000 | $ 88,000 |
| Douglas County Minnesota | 75 | $ 12,931,000 | $ 172,000 | $ 92,000 |
| Trempealeau County Wisconsin | 71 | $ 9,179,000 | $ 129,000 | $ 67,000 |
| Itasca County Minnesota | 66 | $ 11,361,000 | $ 172,000 | $ 83,000 |
| Blue Earth County Minnesota | 64 | $ 8,663,000 | $ 135,000 | $ 70,000 |
| Cass County North Dakota | 61 | $ 9,121,000 | $ 149,000 | $ 108,000 |
| Nobles County Minnesota | 59 | $ 6,820,000 | $ 115,000 | $ 74,000 |
| Buffalo County Wisconsin | 57 | $ 6,664,000 | $ 116,000 | $ 62,000 |
| Manitowoc County Wisconsin | 57 | $ 8,500,000 | $ 149,000 | $ 121,000 |
| Kandiyohi County Minnesota | 55 | $ 9,494,000 | $ 172,000 | $ 91,000 |
| Wabasha County Minnesota | 54 | $ 9,298,000 | $ 172,000 | $ 83,000 |
| Grand Forks County North Dakota | 54 | $ 7,749,000 | $ 143,000 | $ 112,000 |
| Cass County Minnesota | 50 | $ 7,898,000 | $ 157,000 | $ 86,000 |
| Richland County Wisconsin | 44 | $ 5,248,000 | $ 119,000 | $ 74,000 |
| McLean County North Dakota | 42 | $ 5,063,000 | $ 120,000 | $ 88,000 |
| Becker County Minnesota | 40 | $ 6,672,000 | $ 166,000 | $ 110,000 |
| Pennington County South Dakota | 40 | $ 6,278,000 | $ 156,000 | $ 103,000 |
| Hughes County South Dakota | 39 | $ 5,785,000 | $ 148,000 | $ 84,000 |
| Lawrence County South Dakota | 39 | $ 7,968,000 | $ 204,000 | $ 122,000 |
| Sauk County Wisconsin | 39 | $ 5,945,000 | $ 152,000 | $ 96,000 |
| Koochiching County Minnesota | 36 | $ 3,569,000 | $ 99,000 | $ 67,000 |
| Lake of the Woods County Minnesota | 35 | $ 4,452,000 | $ 127,000 | $ 80,000 |
| Ramsey County North Dakota | 35 | $ 4,683,000 | $ 133,000 | $ 152,000 |
| Faribault County Minnesota | 34 | $ 3,790,000 | $ 111,000 | $ 85,000 |
| Scott County Minnesota | 34 | $ 10,087,000 | $ 296,000 | $ 159,000 |
| Jackson County Minnesota | 30 | $ 2,969,000 | $ 98,000 | $ 89,000 |
| Pierce County Wisconsin | 30 | $ 4,594,000 | $ 153,000 | $ 76,000 |
| Aitkin County Minnesota | 28 | $ 3,752,000 | $ 134,000 | $ 74,000 |
| Dodge County Minnesota | 28 | $ 4,734,000 | $ 169,000 | $ 89,000 |
| Nicollet County Minnesota | 27 | $ 4,361,000 | $ 161,000 | $ 84,000 |
| Ramsey County Minnesota | 27 | $ 5,736,000 | $ 212,000 | $ 139,000 |
| Wright County Minnesota | 27 | $ 4,061,000 | $ 150,000 | $ 70,000 |
| Clay County Minnesota | 26 | $ 4,204,000 | $ 161,000 | $ 130,000 |
| Polk County Minnesota | 26 | $ 3,559,000 | $ 136,000 | $ 154,000 |
| Rice County Minnesota | 25 | $ 4,999,000 | $ 199,000 | $ 102,000 |
| Beltrami County Minnesota | 23 | $ 4,525,000 | $ 196,000 | $ 106,000 |
| Brown County Minnesota | 23 | $ 2,948,000 | $ 128,000 | $ 75,000 |
| Walsh County North Dakota | 23 | $ 2,443,000 | $ 106,000 | $ 80,000 |
| Douglas County Wisconsin | 22 | $ 2,703,000 | $ 122,000 | $ 89,000 |
| Waseca County Minnesota | 21 | $ 3,043,000 | $ 144,000 | $ 79,000 |
| Eau Claire County Wisconsin | 20 | $ 2,576,000 | $ 128,000 | $ 78,000 |
| Grant County Wisconsin | 20 | $ 1,976,000 | $ 98,000 | $ 71,000 |
| Henry County Iowa | 19 | $ 2,734,000 | $ 143,000 | $ 64,000 |
| Anoka County Minnesota | 19 | $ 3,735,000 | $ 196,000 | $ 97,000 |
| Crow Wing County Minnesota | 18 | $ 3,742,000 | $ 207,000 | $ 97,000 |
| Pennington County Minnesota | 17 | $ 2,307,000 | $ 135,000 | $ 82,000 |
| Stark County North Dakota | 17 | $ 3,130,000 | $ 184,000 | $ 112,000 |
| Marshall County Minnesota | 16 | $ 1,563,000 | $ 97,000 | $ 94,000 |
| Meade County South Dakota | 16 | $ 2,254,000 | $ 140,000 | $ 73,000 |
| Winneshiek County Iowa | 15 | $ 2,390,000 | $ 159,000 | $ 83,000 |
| Allamakee County Iowa | 14 | $ 1,447,000 | $ 103,000 | $ 85,000 |
| Cerro Gordo County Iowa | 14 | $ 1,508,000 | $ 107,000 | $ 74,000 |
| Jefferson County Iowa | 14 | $ 1,687,000 | $ 120,000 | $ 75,000 |
| Benton County Minnesota | 14 | $ 2,401,000 | $ 171,000 | $ 89,000 |
| Carver County Minnesota | 14 | $ 4,905,000 | $ 350,000 | $ 130,000 |
| Le Sueur County Minnesota | 14 | $ 2,412,000 | $ 172,000 | $ 120,000 |
| Stearns County Minnesota | 14 | $ 2,040,000 | $ 145,000 | $ 64,000 |
| Monroe County Wisconsin | 14 | $ 1,348,000 | $ 96,000 | $ 68,000 |
| Madison County Iowa | 13 | $ 2,577,000 | $ 198,000 | $ 140,000 |
| Story County Iowa | 13 | $ 2,341,000 | $ 180,000 | $ 103,000 |
| Pembina County North Dakota | 13 | $ 1,234,000 | $ 94,000 | $ 65,000 |
| Lincoln County Minnesota | 12 | $ 1,300,000 | $ 108,000 | $ 67,000 |
| Wadena County Minnesota | 12 | $ 1,383,000 | $ 115,000 | $ 56,000 |
| Marion County Iowa | 11 | $ 1,822,000 | $ 165,000 | $ 3,000 |
| Cottonwood County Minnesota | 11 | $ 913,000 | $ 83,000 | $ 74,000 |
| Murray County Minnesota | 11 | $ 1,366,000 | $ 124,000 | $ 105,000 |
| Sherburne County Minnesota | 11 | $ 1,597,000 | $ 145,000 | $ 69,000 |
| Polk County Wisconsin | 11 | $ 1,785,000 | $ 162,000 | $ 71,000 |
| Vernon County Wisconsin | 11 | $ 1,786,000 | $ 162,000 | $ 67,000 |
| Jasper County Iowa | 10 | $ 1,685,000 | $ 168,000 | $ 80,000 |
| Freeborn County Minnesota | 10 | $ 1,270,000 | $ 127,000 | $ 55,000 |
| Mower County Minnesota | 10 | $ 1,190,000 | $ 119,000 | $ 75,000 |
| St. Croix County Wisconsin | 10 | $ 1,545,000 | $ 154,000 | $ 109,000 |
| Des Moines County Iowa | 8 | $ 1,234,000 | $ 154,000 | $ 120,000 |
| Lac qui Parle County Minnesota | 8 | $ 598,000 | $ 74,000 | $ 63,000 |
| McKenzie County North Dakota | 8 | $ 1,601,000 | $ 200,000 | $ 85,000 |
| Jackson County Wisconsin | 8 | $ 879,000 | $ 109,000 | $ 52,000 |
| Keokuk County Iowa | 7 | $ 660,000 | $ 94,000 | $ 5,000 |
| Polk County Iowa | 7 | $ 1,583,000 | $ 226,000 | $ 30,000 |
| Kittson County Minnesota | 7 | $ 649,000 | $ 92,000 | $ 75,000 |
| Butte County South Dakota | 7 | $ 1,165,000 | $ 166,000 | $ 72,000 |
| Stanley County South Dakota | 7 | $ 1,153,000 | $ 164,000 | $ 121,000 |
| Johnson County Iowa | 6 | $ 1,684,000 | $ 280,000 | $ 168,000 |
| Kanabec County Minnesota | 6 | $ 872,000 | $ 145,000 | $ 83,000 |
| Redwood County Minnesota | 6 | $ 827,000 | $ 137,000 | $ 65,000 |
| Watonwan County Minnesota | 6 | $ 546,000 | $ 91,000 | $ 52,000 |
| Crawford County Wisconsin | 6 | $ 776,000 | $ 129,000 | $ 82,000 |
| Pepin County Wisconsin | 6 | $ 1,219,000 | $ 203,000 | $ 97,000 |
| Rock County Wisconsin | 6 | $ 748,000 | $ 124,000 | $ 73,000 |
| Worth County Iowa | 5 | $ 407,000 | $ 81,000 | $ 51,000 |
| Carlton County Minnesota | 5 | $ 836,000 | $ 167,000 | $ 83,000 |
| Grant County Minnesota | 5 | $ 902,000 | $ 180,000 | $ 84,000 |
| Martin County Minnesota | 5 | $ 561,000 | $ 112,000 | $ 90,000 |
| Meeker County Minnesota | 5 | $ 746,000 | $ 149,000 | $ 60,000 |
| Bowman County North Dakota | 5 | $ 431,000 | $ 86,000 | $ 66,000 |
| Brown County Wisconsin | 5 | $ 883,000 | $ 176,000 | $ 65,000 |
| Chippewa County Wisconsin | 5 | $ 929,000 | $ 185,000 | $ 103,000 |
| Sawyer County Wisconsin | 5 | $ 869,000 | $ 173,000 | $ 178,000 |
| Maricopa County Arizona | 4 | $ 805,000 | $ 201,000 | $ 240,000 |
| Lee County Iowa | 4 | $ 583,000 | $ 145,000 | $ 79,000 |
| Warren County Iowa | 4 | $ 754,000 | $ 188,000 | $ 111,000 |
| Cook County Minnesota | 4 | $ 444,000 | $ 111,000 | $ 53,000 |
| Morrison County Minnesota | 4 | $ 718,000 | $ 179,000 | $ 72,000 |
| Yellow Medicine County Minnesota | 4 | $ 659,000 | $ 164,000 | $ 108,000 |
| Benson County North Dakota | 4 | $ 843,000 | $ 210,000 | $ 140,000 |
| Burleigh County North Dakota | 4 | $ 916,000 | $ 229,000 | $ 78,000 |
| Pierce County North Dakota | 4 | $ 348,000 | $ 87,000 | $ 77,000 |
| Minnehaha County South Dakota | 4 | $ 510,000 | $ 127,000 | $ 57,000 |
| Sully County South Dakota | 4 | $ 407,000 | $ 101,000 | $ 80,000 |
| Burnett County Wisconsin | 4 | $ 783,000 | $ 195,000 | $ 128,000 |
| Juneau County Wisconsin | 4 | $ 382,000 | $ 95,000 | $ 44,000 |
| Sheboygan County Wisconsin | 4 | $ 1,015,000 | $ 253,000 | $ 354,000 |
| Black Hawk County Iowa | 3 | $ 664,000 | $ 221,000 | $ 95,000 |
| Bremer County Iowa | 3 | $ 557,000 | $ 185,000 | $ 61,000 |
| Dallas County Iowa | 3 | $ 620,000 | $ 206,000 | $ 153,000 |
| Louisa County Iowa | 3 | $ 371,000 | $ 123,000 | $ 53,000 |
| Van Buren County Iowa | 3 | $ 474,000 | $ 158,000 | $ 69,000 |
| Chisago County Minnesota | 3 | $ 773,000 | $ 257,000 | $ 108,000 |
| Mille Lacs County Minnesota | 3 | $ 395,000 | $ 131,000 | $ 53,000 |
| LaMoure County North Dakota | 3 | $ 406,000 | $ 135,000 | $ 98,000 |
| Williams County North Dakota | 3 | $ 653,000 | $ 217,000 | $ 109,000 |
| Custer County South Dakota | 3 | $ 306,000 | $ 102,000 | $ 63,000 |
| Gregory County South Dakota | 3 | $ 352,000 | $ 117,000 | $ 87,000 |
| Fond du Lac County Wisconsin | 3 | $ 297,000 | $ 99,000 | $ 101,000 |
| Portage County Wisconsin | 3 | $ 765,000 | $ 255,000 | $ 245,000 |
| Vilas County Wisconsin | 3 | $ 696,000 | $ 232,000 | $ 166,000 |
| Yavapai County Arizona | 2 | $ 537,000 | $ 268,000 | $ 363,000 |
| San Diego County California | 2 | $ 633,000 | $ 316,000 | $ 100,000 |
| Lee County Florida | 2 | $ 715,000 | $ 357,000 | $ 322,000 |
| Boone County Iowa | 2 | $ 376,000 | $ 188,000 | $ 41,000 |
| Kossuth County Iowa | 2 | $ 117,000 | $ 58,000 | $ 43,000 |
| Linn County Iowa | 2 | $ 273,000 | $ 136,000 | $ 85,000 |
| Mitchell County Iowa | 2 | $ 215,000 | $ 107,000 | $ 83,000 |
| Osceola County Iowa | 2 | $ 86,000 | $ 43,000 | $ 49,000 |
| Lake County Minnesota | 2 | $ 462,000 | $ 231,000 | $ 89,000 |
| Pine County Minnesota | 2 | $ 217,000 | $ 108,000 | $ 111,000 |
| Pope County Minnesota | 2 | $ 185,000 | $ 92,000 | $ 90,000 |
| Red Lake County Minnesota | 2 | $ 222,000 | $ 111,000 | $ 73,000 |
| Wilkin County Minnesota | 2 | $ 185,000 | $ 92,000 | $ 74,000 |
| St. Louis County Missouri | 2 | $ 165,000 | $ 82,000 | $ 52,000 |
| Durham County North Carolina | 2 | $ 348,000 | $ 174,000 | $ 202,000 |
| Griggs County North Dakota | 2 | $ 393,000 | $ 196,000 | $ 126,000 |
| Morton County North Dakota | 2 | $ 748,000 | $ 374,000 | $ 225,000 |
| Mountrail County North Dakota | 2 | $ 298,000 | $ 149,000 | $ 75,000 |
| Nelson County North Dakota | 2 | $ 136,000 | $ 68,000 | $ 45,000 |
| Towner County North Dakota | 2 | $ 192,000 | $ 96,000 | $ 60,000 |
| Fall River County South Dakota | 2 | $ 303,000 | $ 151,000 | $ 136,000 |
| Hamlin County South Dakota | 2 | $ 204,000 | $ 102,000 | $ 83,000 |
| Barron County Wisconsin | 2 | $ 281,000 | $ 140,000 | $ 100,000 |
| Bayfield County Wisconsin | 2 | $ 322,000 | $ 161,000 | $ 220,000 |
| Dane County Wisconsin | 2 | $ 480,000 | $ 240,000 | $ 124,000 |
| Dunn County Wisconsin | 2 | $ 2,213,000 | $ 1,106,000 | $ 28,000 |
| Walworth County Wisconsin | 2 | $ 462,000 | $ 231,000 | $ 104,000 |
| Waukesha County Wisconsin | 2 | $ 222,000 | $ 111,000 | $ 144,000 |
| Yuma County Arizona | 1 | $ 60,000 | $ 60,000 | $ 27,000 |
| Lake County Florida | 1 | $ 108,000 | $ 108,000 | $ 75,000 |
| Cook County Illinois | 1 | $ 203,000 | $ 203,000 | $ 56,000 |
| Kane County Illinois | 1 | $ 205,000 | $ 205,000 | $ 133,000 |
| McHenry County Illinois | 1 | $ 260,000 | $ 260,000 | $ 80,000 |
| Piatt County Illinois | 1 | $ 234,000 | $ 234,000 | $ 162,000 |
| Chickasaw County Iowa | 1 | $ 159,000 | $ 159,000 | $ 70,000 |
| Clayton County Iowa | 1 | $ 111,000 | $ 111,000 | $ 57,000 |
| Dickinson County Iowa | 1 | $ 233,000 | $ 233,000 | $ 88,000 |
| Fayette County Iowa | 1 | $ 6,000 | $ 6,000 | $ 26,000 |
| Greene County Iowa | 1 | $ 92,000 | $ 92,000 | $ 115,000 |
| Grundy County Iowa | 1 | $ 243,000 | $ 243,000 | $ 0 |
| Hancock County Iowa | 1 | $ 174,000 | $ 174,000 | $ 64,000 |
| Hardin County Iowa | 1 | $ 100,000 | $ 100,000 | $ 122,000 |
| Howard County Iowa | 1 | $ 63,000 | $ 63,000 | $ 61,000 |
| Humboldt County Iowa | 1 | $ 42,000 | $ 42,000 | $ 100,000 |
| Mahaska County Iowa | 1 | $ 215,000 | $ 215,000 | $ 0 |
| Monroe County Iowa | 1 | $ 244,000 | $ 244,000 | $ 0 |
| Palo Alto County Iowa | 1 | $ 144,000 | $ 144,000 | $ 104,000 |
| Poweshiek County Iowa | 1 | $ 172,000 | $ 172,000 | $ 0 |
| Wapello County Iowa | 1 | $ 96,000 | $ 96,000 | $ 90,000 |
| Woodbury County Iowa | 1 | $ 130,000 | $ 130,000 | $ 92,000 |
| Big Stone County Minnesota | 1 | $ 109,000 | $ 109,000 | $ 34,000 |
| Mahnomen County Minnesota | 1 | $ 62,000 | $ 62,000 | $ 78,000 |
| McLeod County Minnesota | 1 | $ 185,000 | $ 185,000 | $ 96,000 |
| Renville County Minnesota | 1 | $ 100,000 | $ 100,000 | $ 33,000 |
| Sibley County Minnesota | 1 | $ 147,000 | $ 147,000 | $ 71,000 |
| Swift County Minnesota | 1 | $ 196,000 | $ 196,000 | $ 57,000 |
| Todd County Minnesota | 1 | $ 110,000 | $ 110,000 | $ 86,000 |
| Jasper County Missouri | 1 | $ 81,000 | $ 81,000 | $ 56,000 |
| St. Charles County Missouri | 1 | $ 146,000 | $ 146,000 | $ 50,000 |
| Flathead County Montana | 1 | $ 225,000 | $ 225,000 | $ 235,000 |
| Clark County Nevada | 1 | $ 150,000 | $ 150,000 | $ 88,000 |
| Barnes County North Dakota | 1 | $ 190,000 | $ 190,000 | $ 66,000 |
| Bottineau County North Dakota | 1 | $ 80,000 | $ 80,000 | $ 31,000 |
| Cavalier County North Dakota | 1 | $ 92,000 | $ 92,000 | $ 37,000 |
| Hettinger County North Dakota | 1 | $ 50,000 | $ 50,000 | $ 54,000 |
| Traill County North Dakota | 1 | $ 126,000 | $ 126,000 | $ 104,000 |
| Ward County North Dakota | 1 | $ 150,000 | $ 150,000 | $ 74,000 |
| Aurora County South Dakota | 1 | $ 141,000 | $ 141,000 | $ 51,000 |
| Brookings County South Dakota | 1 | $ 163,000 | $ 163,000 | $ 92,000 |
| Codington County South Dakota | 1 | $ 182,000 | $ 182,000 | $ 80,000 |
| Davison County South Dakota | 1 | $ 240,000 | $ 240,000 | $ 110,000 |
| Deuel County South Dakota | 1 | $ 80,000 | $ 80,000 | $ 114,000 |
| Roberts County South Dakota | 1 | $ 89,000 | $ 89,000 | $ 54,000 |
| Sanborn County South Dakota | 1 | $ 129,000 | $ 129,000 | $ 81,000 |
| Union County South Dakota | 1 | $ 59,000 | $ 59,000 | $ 123,000 |
| Columbia County Wisconsin | 1 | $ 40,000 | $ 40,000 | $ 30,000 |
| Dodge County Wisconsin | 1 | $ 350,000 | $ 350,000 | $ 69,000 |
| Door County Wisconsin | 1 | $ 165,000 | $ 165,000 | $ 487,000 |
| Green Lake County Wisconsin | 1 | $ 178,000 | $ 178,000 | $ 186,000 |
| Iowa County Wisconsin | 1 | $ 212,000 | $ 212,000 | $ 461,000 |
| Marathon County Wisconsin | 1 | $ 190,000 | $ 190,000 | $ 173,000 |
| Milwaukee County Wisconsin | 1 | $ 48,000 | $ 48,000 | $ 0 |
| Outagamie County Wisconsin | 1 | $ 165,000 | $ 165,000 | $ 102,000 |
| Ozaukee County Wisconsin | 1 | $ 284,000 | $ 284,000 | $ 96,000 |
| Washburn County Wisconsin | 1 | $ 44,000 | $ 44,000 | $ 115,000 |
| Waushara County Wisconsin | 1 | $ 392,000 | $ 392,000 | $ 409,000 |
| Winnebago County Wisconsin | 1 | $ 380,000 | $ 380,000 | $ 103,000 |
| Campbell County Wyoming | 1 | $ 193,000 | $ 193,000 | $ 91,000 |
| Carbon County Wyoming | 1 | $ 120,000 | $ 120,000 | $ 102,000 |
| Crook County Wyoming | 1 | $ 118,000 | $ 118,000 | $ 35,000 |
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 2012
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 |
|---|---|---|---|---|---|---|
| Refinancing | 4,206 | $637,205,000 | $151,000 | $2,900,000 | $84,000 | $1,023,000 |
| Home Purchase | 1,426 | $231,366,000 | $162,000 | $900,000 | $91,000 | $3,229,000 |
| Home Improvement | 183 | $16,857,000 | $92,000 | $1,000,000 | $76,000 | $417,000 |
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 | 4,863 | $721,225,000 | $148,000 | $1,000,000 | $86,000 | $1,499,000 |
| Not Provided | 673 | $117,111,000 | $174,000 | $900,000 | $100,000 | $3,229,000 |
| Not applicable | 188 | $33,477,000 | $178,000 | $2,900,000 | $0 | $0 |
| Hispanic | 45 | $6,383,000 | $141,000 | $503,000 | $103,000 | $421,000 |
| Asian | 28 | $4,272,000 | $152,000 | $417,000 | $93,000 | $455,000 |
| Black or African American | 10 | $1,721,000 | $172,000 | $336,000 | $84,000 | $145,000 |
| American Indian or Alaskan Native | 7 | $1,028,000 | $146,000 | $193,000 | $81,000 | $128,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $211,000 | $211,000 | $211,000 | $484,000 | $484,000 |
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) | 5,597 | $856,037,000 | $152,000 | $2,900,000 | $87,000 | $3,229,000 |
| FHA-insured (Federal Housing Administration) | 132 | $17,511,000 | $132,000 | $332,000 | $51,000 | $210,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 45 | $5,272,000 | $117,000 | $277,000 | $43,000 | $76,000 |
| VA-guaranteed (Veterans Administration) | 41 | $6,608,000 | $161,000 | $343,000 | $73,000 | $304,000 |
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 | 4,773 | $721,399,000 | $151,000 | $2,900,000 | $88,000 | $3,229,000 |
| Application Denied By Financial Institution | 399 | $60,079,000 | $150,000 | $840,000 | $74,000 | $627,000 |
| Application Approved But Not Accepted | 348 | $60,680,000 | $174,000 | $644,000 | $100,000 | $1,200,000 |
| Loan Purchased By The Institution | 148 | $20,162,000 | $136,000 | $345,000 | $0 | $0 |
| Application Withdrawn By Applicant | 78 | $11,589,000 | $148,000 | $381,000 | $74,000 | $210,000 |
| File Closed For Incompleteness | 69 | $11,519,000 | $166,000 | $417,000 | $90,000 | $1,026,000 |
| 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 |
|---|---|---|---|---|---|---|
| Collateral | 115 | $18,167,000 | $157,000 | $840,000 | $90,000 | $627,000 |
| Debt-To-Income Ratio | 101 | $16,300,000 | $161,000 | $403,000 | $62,000 | $205,000 |
| Credit History | 81 | $10,980,000 | $135,000 | $300,000 | $60,000 | $180,000 |
| Other | 78 | $11,108,000 | $142,000 | $320,000 | $86,000 | $297,000 |
| Employment History | 11 | $1,618,000 | $147,000 | $208,000 | $47,000 | $94,000 |
| Unverifiable Information | 4 | $618,000 | $154,000 | $214,000 | $61,000 | $72,000 |
| Mortgage Insurance Denied | 4 | $712,000 | $178,000 | $254,000 | $71,000 | $89,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 3 | $277,000 | $92,000 | $159,000 | $29,000 | $40,000 |
| Credit Application Incomplete | 2 | $299,000 | $149,000 | $207,000 | $109,000 | $115,000 |
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.