Merchants Bank, National Association
Mortgage Loan Application
Totals and Details
for 2020
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 | 5,832 |
| Total Mortgage Loan Application Amount | $1,198,530,000 |
| Average Mortgage Loan Application Amount | $155,600 |
| Highest Mortgage Loan Application Amount | $16,025,000 |
| Average Applicant Income | $113,600 |
| Highest Applicant Income | $2,300,000 |
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 | 737 | $ 114,155,000 | $ 154,000 | $ 92,000 |
| Dakota County Minnesota | 433 | $ 106,515,000 | $ 245,000 | $ 123,000 |
| La Crosse County Wisconsin | 428 | $ 84,480,000 | $ 197,000 | $ 123,000 |
| Otter Tail County Minnesota | 378 | $ 81,260,000 | $ 214,000 | $ 96,000 |
| Goodhue County Minnesota | 346 | $ 66,520,000 | $ 192,000 | $ 103,000 |
| Olmsted County Minnesota | 341 | $ 68,975,000 | $ 202,000 | $ 123,000 |
| Houston County Minnesota | 240 | $ 40,170,000 | $ 167,000 | $ 97,000 |
| Hennepin County Minnesota | 210 | $ 67,730,000 | $ 322,000 | $ 153,000 |
| Fillmore County Minnesota | 114 | $ 16,410,000 | $ 143,000 | $ 77,000 |
| Washington County Minnesota | 111 | $ 24,405,000 | $ 219,000 | $ 146,000 |
| Rice County Minnesota | 98 | $ 18,250,000 | $ 186,000 | $ 103,000 |
| Wright County Minnesota | 96 | $ 21,710,000 | $ 226,000 | $ 106,000 |
| Scott County Minnesota | 94 | $ 25,540,000 | $ 271,000 | $ 175,000 |
| Eau Claire County Wisconsin | 94 | $ 18,200,000 | $ 193,000 | $ 89,000 |
| Hubbard County Minnesota | 76 | $ 16,750,000 | $ 220,000 | $ 124,000 |
| Washington County Iowa | 67 | $ 11,285,000 | $ 168,000 | $ 41,000 |
| Cass County Minnesota | 65 | $ 13,765,000 | $ 211,000 | $ 125,000 |
| Trempealeau County Wisconsin | 60 | $ 9,880,000 | $ 164,000 | $ 88,000 |
| Lyon County Minnesota | 58 | $ 11,200,000 | $ 193,000 | $ 109,000 |
| Wabasha County Minnesota | 56 | $ 10,120,000 | $ 180,000 | $ 105,000 |
| St. Louis County Minnesota | 55 | $ 10,885,000 | $ 197,000 | $ 113,000 |
| Buffalo County Wisconsin | 54 | $ 6,730,000 | $ 124,000 | $ 98,000 |
| Anoka County Minnesota | 50 | $ 10,850,000 | $ 217,000 | $ 106,000 |
| Crow Wing County Minnesota | 50 | $ 14,340,000 | $ 286,000 | $ 140,000 |
| Ramsey County Minnesota | 50 | $ 17,050,000 | $ 341,000 | $ 149,000 |
| Pierce County Wisconsin | 48 | $ 9,000,000 | $ 187,000 | $ 110,000 |
| Becker County Minnesota | 46 | $ 10,130,000 | $ 220,000 | $ 106,000 |
| Stearns County Minnesota | 44 | $ 9,350,000 | $ 212,000 | $ 79,000 |
| Mille Lacs County Minnesota | 43 | $ 8,955,000 | $ 208,000 | $ 117,000 |
| Douglas County Minnesota | 41 | $ 10,895,000 | $ 265,000 | $ 83,000 |
| Mercer County North Dakota | 36 | $ 6,500,000 | $ 180,000 | $ 100,000 |
| Dodge County Minnesota | 34 | $ 5,320,000 | $ 156,000 | $ 89,000 |
| Sherburne County Minnesota | 34 | $ 8,070,000 | $ 237,000 | $ 136,000 |
| Blue Earth County Minnesota | 33 | $ 5,905,000 | $ 178,000 | $ 85,000 |
| Vernon County Wisconsin | 33 | $ 7,405,000 | $ 224,000 | $ 89,000 |
| Jefferson County Iowa | 30 | $ 4,720,000 | $ 157,000 | $ 63,000 |
| Carver County Minnesota | 30 | $ 9,150,000 | $ 305,000 | $ 159,000 |
| Lawrence County South Dakota | 30 | $ 7,930,000 | $ 264,000 | $ 0 |
| McLean County North Dakota | 29 | $ 6,495,000 | $ 223,000 | $ 110,000 |
| Pennington County South Dakota | 27 | $ 6,175,000 | $ 228,000 | $ 0 |
| Chippewa County Wisconsin | 27 | $ 7,085,000 | $ 262,000 | $ 116,000 |
| St. Croix County Wisconsin | 27 | $ 6,225,000 | $ 230,000 | $ 148,000 |
| Polk County Minnesota | 26 | $ 5,410,000 | $ 208,000 | $ 110,000 |
| Grand Forks County North Dakota | 24 | $ 5,980,000 | $ 249,000 | $ 131,000 |
| Ramsey County North Dakota | 24 | $ 5,030,000 | $ 209,000 | $ 107,000 |
| Cerro Gordo County Iowa | 21 | $ 3,675,000 | $ 175,000 | $ 90,000 |
| Cass County North Dakota | 21 | $ 4,405,000 | $ 209,000 | $ 110,000 |
| Isanti County Minnesota | 20 | $ 4,860,000 | $ 243,000 | $ 100,000 |
| Marion County Iowa | 19 | $ 3,985,000 | $ 209,000 | $ 0 |
| Le Sueur County Minnesota | 19 | $ 4,985,000 | $ 262,000 | $ 111,000 |
| Nicollet County Minnesota | 18 | $ 4,310,000 | $ 239,000 | $ 137,000 |
| Meade County South Dakota | 18 | $ 3,390,000 | $ 188,000 | $ 0 |
| Jackson County Wisconsin | 17 | $ 2,625,000 | $ 154,000 | $ 85,000 |
| Monroe County Wisconsin | 17 | $ 3,265,000 | $ 192,000 | $ 140,000 |
| Watonwan County Minnesota | 16 | $ 2,050,000 | $ 128,000 | $ 86,000 |
| Pembina County North Dakota | 16 | $ 1,990,000 | $ 124,000 | $ 101,000 |
| Polk County Iowa | 14 | $ 3,320,000 | $ 237,000 | $ 0 |
| Kandiyohi County Minnesota | 14 | $ 2,830,000 | $ 202,000 | $ 114,000 |
| Aitkin County Minnesota | 13 | $ 2,205,000 | $ 169,000 | $ 88,000 |
| Dunn County Wisconsin | 13 | $ 2,165,000 | $ 166,000 | $ 125,000 |
| Benton County Minnesota | 12 | $ 2,840,000 | $ 236,000 | $ 110,000 |
| Faribault County Minnesota | 11 | $ 1,565,000 | $ 142,000 | $ 124,000 |
| Meeker County Minnesota | 11 | $ 2,325,000 | $ 211,000 | $ 116,000 |
| Steele County Minnesota | 11 | $ 2,155,000 | $ 195,000 | $ 93,000 |
| Burleigh County North Dakota | 11 | $ 2,955,000 | $ 268,000 | $ 108,000 |
| Clay County Minnesota | 10 | $ 1,650,000 | $ 165,000 | $ 96,000 |
| Douglas County Wisconsin | 10 | $ 1,630,000 | $ 163,000 | $ 81,000 |
| Allamakee County Iowa | 9 | $ 1,555,000 | $ 172,000 | $ 74,000 |
| Grant County Minnesota | 9 | $ 1,605,000 | $ 178,000 | $ 97,000 |
| Rock County Minnesota | 9 | $ 1,095,000 | $ 121,000 | $ 54,000 |
| Sibley County Minnesota | 9 | $ 1,675,000 | $ 186,000 | $ 72,000 |
| Wadena County Minnesota | 9 | $ 1,175,000 | $ 130,000 | $ 97,000 |
| Butte County South Dakota | 9 | $ 1,275,000 | $ 141,000 | $ 0 |
| Barron County Wisconsin | 9 | $ 1,045,000 | $ 116,000 | $ 123,000 |
| Maricopa County Arizona | 8 | $ 2,150,000 | $ 268,000 | $ 186,000 |
| Pinal County Arizona | 8 | $ 2,720,000 | $ 340,000 | $ 422,000 |
| Henry County Iowa | 8 | $ 1,550,000 | $ 193,000 | $ 131,000 |
| Worth County Iowa | 8 | $ 640,000 | $ 80,000 | $ 86,000 |
| Freeborn County Minnesota | 8 | $ 1,360,000 | $ 170,000 | $ 88,000 |
| McLeod County Minnesota | 8 | $ 2,140,000 | $ 267,000 | $ 146,000 |
| Todd County Minnesota | 8 | $ 1,490,000 | $ 186,000 | $ 61,000 |
| Polk County Wisconsin | 8 | $ 1,380,000 | $ 172,000 | $ 103,000 |
| Johnson County Iowa | 7 | $ 1,255,000 | $ 179,000 | $ 55,000 |
| Morrison County Minnesota | 7 | $ 1,375,000 | $ 196,000 | $ 117,000 |
| Pine County Minnesota | 7 | $ 1,645,000 | $ 235,000 | $ 115,000 |
| Pipestone County Minnesota | 7 | $ 1,245,000 | $ 177,000 | $ 87,000 |
| Dallas County Iowa | 6 | $ 1,200,000 | $ 200,000 | $ 55,000 |
| Chisago County Minnesota | 6 | $ 1,440,000 | $ 240,000 | $ 128,000 |
| Lincoln County Minnesota | 6 | $ 950,000 | $ 158,000 | $ 83,000 |
| Marshall County Minnesota | 6 | $ 590,000 | $ 98,000 | $ 73,000 |
| Martin County Minnesota | 6 | $ 1,260,000 | $ 210,000 | $ 178,000 |
| Outagamie County Wisconsin | 6 | $ 1,610,000 | $ 268,000 | $ 144,000 |
| Pepin County Wisconsin | 6 | $ 1,200,000 | $ 200,000 | $ 63,000 |
| Rusk County Wisconsin | 6 | $ 850,000 | $ 141,000 | $ 89,000 |
| Lee County Iowa | 5 | $ 1,085,000 | $ 217,000 | $ 133,000 |
| Story County Iowa | 5 | $ 1,205,000 | $ 241,000 | $ 0 |
| Mower County Minnesota | 5 | $ 915,000 | $ 183,000 | $ 97,000 |
| Murray County Minnesota | 5 | $ 795,000 | $ 159,000 | $ 74,000 |
| Gregory County South Dakota | 5 | $ 1,185,000 | $ 237,000 | $ 98,000 |
| Burnett County Wisconsin | 5 | $ 845,000 | $ 169,000 | $ 105,000 |
| Crook County Wyoming | 5 | $ 1,165,000 | $ 233,000 | $ 90,000 |
| Carlton County Minnesota | 4 | $ 990,000 | $ 247,000 | $ 112,000 |
| Itasca County Minnesota | 4 | $ 910,000 | $ 227,000 | $ 118,000 |
| Kanabec County Minnesota | 4 | $ 730,000 | $ 182,000 | $ 105,000 |
| Rolette County North Dakota | 4 | $ 800,000 | $ 200,000 | $ 411,000 |
| Custer County South Dakota | 4 | $ 1,330,000 | $ 332,000 | $ 91,000 |
| Minnehaha County South Dakota | 4 | $ 2,250,000 | $ 562,000 | $ 111,000 |
| Bayfield County Wisconsin | 4 | $ 1,030,000 | $ 257,000 | $ 167,000 |
| Oneida County Wisconsin | 4 | $ 800,000 | $ 200,000 | $ 346,000 |
| Sawyer County Wisconsin | 4 | $ 1,040,000 | $ 260,000 | $ 406,000 |
| Vilas County Wisconsin | 4 | $ 1,150,000 | $ 287,000 | $ 286,000 |
| Collier County Florida | 3 | $ 625,000 | $ 208,000 | $ 154,000 |
| Louisa County Iowa | 3 | $ 495,000 | $ 165,000 | $ 0 |
| Mahaska County Iowa | 3 | $ 615,000 | $ 205,000 | $ 0 |
| Van Buren County Iowa | 3 | $ 715,000 | $ 238,000 | $ 68,000 |
| Winnebago County Iowa | 3 | $ 465,000 | $ 155,000 | $ 79,000 |
| Winneshiek County Iowa | 3 | $ 555,000 | $ 185,000 | $ 68,000 |
| Lake of the Woods County Minnesota | 3 | $ 455,000 | $ 151,000 | $ 60,000 |
| Norman County Minnesota | 3 | $ 365,000 | $ 121,000 | $ 70,000 |
| Pope County Minnesota | 3 | $ 655,000 | $ 218,000 | $ 143,000 |
| Redwood County Minnesota | 3 | $ 265,000 | $ 88,000 | $ 43,000 |
| Yellow Medicine County Minnesota | 3 | $ 825,000 | $ 275,000 | $ 107,000 |
| Oliver County North Dakota | 3 | $ 465,000 | $ 155,000 | $ 82,000 |
| Charles Mix County South Dakota | 3 | $ 715,000 | $ 238,000 | $ 115,000 |
| Tripp County South Dakota | 3 | $ 555,000 | $ 185,000 | $ 102,000 |
| Crawford County Wisconsin | 3 | $ 765,000 | $ 255,000 | $ 103,000 |
| Dane County Wisconsin | 3 | $ 875,000 | $ 291,000 | $ 166,000 |
| Juneau County Wisconsin | 3 | $ 485,000 | $ 161,000 | $ 392,000 |
| Milwaukee County Wisconsin | 3 | $ 405,000 | $ 135,000 | $ 94,000 |
| Washburn County Wisconsin | 3 | $ 715,000 | $ 238,000 | $ 84,000 |
| Mohave County Arizona | 2 | $ 410,000 | $ 205,000 | $ 116,000 |
| Pima County Arizona | 2 | $ 630,000 | $ 315,000 | $ 62,000 |
| Charlotte County Florida | 2 | $ 470,000 | $ 235,000 | $ 160,000 |
| Lee County Florida | 2 | $ 900,000 | $ 450,000 | $ 140,000 |
| Leon County Florida | 2 | $ 550,000 | $ 275,000 | $ 82,000 |
| Kootenai County Idaho | 2 | $ 720,000 | $ 360,000 | $ 264,000 |
| Dickinson County Iowa | 2 | $ 600,000 | $ 300,000 | $ 108,000 |
| Jasper County Iowa | 2 | $ 260,000 | $ 130,000 | $ 37,000 |
| Marshall County Iowa | 2 | $ 530,000 | $ 265,000 | $ 0 |
| Scott County Iowa | 2 | $ 330,000 | $ 165,000 | $ 100,000 |
| Brown County Minnesota | 2 | $ 230,000 | $ 115,000 | $ 88,000 |
| Cook County Minnesota | 2 | $ 290,000 | $ 145,000 | $ 86,000 |
| Cottonwood County Minnesota | 2 | $ 390,000 | $ 195,000 | $ 153,000 |
| Koochiching County Minnesota | 2 | $ 450,000 | $ 225,000 | $ 142,000 |
| Lac qui Parle County Minnesota | 2 | $ 140,000 | $ 70,000 | $ 56,000 |
| Lake County Minnesota | 2 | $ 270,000 | $ 135,000 | $ 142,000 |
| Waseca County Minnesota | 2 | $ 230,000 | $ 115,000 | $ 114,000 |
| Missoula County Montana | 2 | $ 2,140,000 | $ 1,070,000 | $ 0 |
| Douglas County Nebraska | 2 | $ 690,000 | $ 345,000 | $ 140,000 |
| Lancaster County Nebraska | 2 | $ 440,000 | $ 220,000 | $ 85,000 |
| Bottineau County North Dakota | 2 | $ 510,000 | $ 255,000 | $ 105,000 |
| Nelson County North Dakota | 2 | $ 210,000 | $ 105,000 | $ 63,000 |
| Richland County North Dakota | 2 | $ 360,000 | $ 180,000 | $ 52,000 |
| Towner County North Dakota | 2 | $ 150,000 | $ 75,000 | $ 43,000 |
| Brown County Wisconsin | 2 | $ 370,000 | $ 185,000 | $ 88,000 |
| Marathon County Wisconsin | 2 | $ 310,000 | $ 155,000 | $ 105,000 |
| Richland County Wisconsin | 2 | $ 350,000 | $ 175,000 | $ 87,000 |
| Sebastian County Arkansas | 1 | $ 295,000 | $ 295,000 | $ 88,000 |
| Arapahoe County Colorado | 1 | $ 285,000 | $ 285,000 | $ 72,000 |
| El Paso County Colorado | 1 | $ 475,000 | $ 475,000 | $ 150,000 |
| Park County Colorado | 1 | $ 245,000 | $ 245,000 | $ 156,000 |
| Brevard County Florida | 1 | $ 215,000 | $ 215,000 | $ 361,000 |
| Lake County Florida | 1 | $ 495,000 | $ 495,000 | $ 180,000 |
| Manatee County Florida | 1 | $ 365,000 | $ 365,000 | $ 92,000 |
| Monroe County Florida | 1 | $ 455,000 | $ 455,000 | $ 88,000 |
| Orange County Florida | 1 | $ 515,000 | $ 515,000 | $ 120,000 |
| Pinellas County Florida | 1 | $ 515,000 | $ 515,000 | $ 181,000 |
| Sarasota County Florida | 1 | $ 325,000 | $ 325,000 | $ 209,000 |
| St. Johns County Florida | 1 | $ 235,000 | $ 235,000 | $ 92,000 |
| Volusia County Florida | 1 | $ 1,475,000 | $ 1,475,000 | $ 320,000 |
| Lake County Illinois | 1 | $ 195,000 | $ 195,000 | $ 161,000 |
| McHenry County Illinois | 1 | $ 315,000 | $ 315,000 | $ 110,000 |
| Jackson County Indiana | 1 | $ 125,000 | $ 125,000 | $ 62,000 |
| Black Hawk County Iowa | 1 | $ 95,000 | $ 95,000 | $ 74,000 |
| Clay County Iowa | 1 | $ 105,000 | $ 105,000 | $ 44,000 |
| Des Moines County Iowa | 1 | $ 75,000 | $ 75,000 | $ 49,000 |
| Floyd County Iowa | 1 | $ 175,000 | $ 175,000 | $ 129,000 |
| Guthrie County Iowa | 1 | $ 475,000 | $ 475,000 | $ 0 |
| Hancock County Iowa | 1 | $ 175,000 | $ 175,000 | $ 118,000 |
| Keokuk County Iowa | 1 | $ 85,000 | $ 85,000 | $ 0 |
| Linn County Iowa | 1 | $ 225,000 | $ 225,000 | $ 0 |
| Madison County Iowa | 1 | $ 185,000 | $ 185,000 | $ 144,000 |
| Mitchell County Iowa | 1 | $ 135,000 | $ 135,000 | $ 81,000 |
| Poweshiek County Iowa | 1 | $ 145,000 | $ 145,000 | $ 0 |
| Union County Iowa | 1 | $ 145,000 | $ 145,000 | $ 0 |
| Wapello County Iowa | 1 | $ 25,000 | $ 25,000 | $ 21,000 |
| Warren County Iowa | 1 | $ 135,000 | $ 135,000 | $ 0 |
| Woodbury County Iowa | 1 | $ 95,000 | $ 95,000 | $ 0 |
| Beltrami County Minnesota | 1 | $ 175,000 | $ 175,000 | $ 72,000 |
| Big Stone County Minnesota | 1 | $ 105,000 | $ 105,000 | $ 48,000 |
| Jackson County Minnesota | 1 | $ 155,000 | $ 155,000 | $ 219,000 |
| Kittson County Minnesota | 1 | $ 225,000 | $ 225,000 | $ 110,000 |
| Mahnomen County Minnesota | 1 | $ 195,000 | $ 195,000 | $ 156,000 |
| Renville County Minnesota | 1 | $ 75,000 | $ 75,000 | $ 39,000 |
| Roseau County Minnesota | 1 | $ 165,000 | $ 165,000 | $ 74,000 |
| Swift County Minnesota | 1 | $ 125,000 | $ 125,000 | $ 52,000 |
| Traverse County Minnesota | 1 | $ 75,000 | $ 75,000 | $ 62,000 |
| Wilkin County Minnesota | 1 | $ 185,000 | $ 185,000 | $ 153,000 |
| Glacier County Montana | 1 | $ 275,000 | $ 275,000 | $ 75,000 |
| Lewis and Clark County Montana | 1 | $ 245,000 | $ 245,000 | $ 143,000 |
| Cass County Nebraska | 1 | $ 55,000 | $ 55,000 | $ 58,000 |
| Sarpy County Nebraska | 1 | $ 175,000 | $ 175,000 | $ 95,000 |
| Douglas County Nevada | 1 | $ 295,000 | $ 295,000 | $ 325,000 |
| Lyon County Nevada | 1 | $ 435,000 | $ 435,000 | $ 138,000 |
| Hillsborough County New Hampshire | 1 | $ 225,000 | $ 225,000 | $ 56,000 |
| Suffolk County New York | 1 | $ 335,000 | $ 335,000 | $ 312,000 |
| Moore County North Carolina | 1 | $ 325,000 | $ 325,000 | $ 162,000 |
| Cavalier County North Dakota | 1 | $ 225,000 | $ 225,000 | $ 87,000 |
| Dunn County North Dakota | 1 | $ 305,000 | $ 305,000 | $ 143,000 |
| Emmons County North Dakota | 1 | $ 45,000 | $ 45,000 | $ 72,000 |
| Morton County North Dakota | 1 | $ 345,000 | $ 345,000 | $ 198,000 |
| Pierce County North Dakota | 1 | $ 155,000 | $ 155,000 | $ 97,000 |
| Sheridan County North Dakota | 1 | $ 55,000 | $ 55,000 | $ 61,000 |
| Steele County North Dakota | 1 | $ 265,000 | $ 265,000 | $ 171,000 |
| Stutsman County North Dakota | 1 | $ 205,000 | $ 205,000 | $ 110,000 |
| Walsh County North Dakota | 1 | $ 145,000 | $ 145,000 | $ 255,000 |
| Richland County Ohio | 1 | $ 245,000 | $ 245,000 | $ 69,000 |
| Multnomah County Oregon | 1 | $ 405,000 | $ 405,000 | $ 195,000 |
| Brule County South Dakota | 1 | $ 175,000 | $ 175,000 | $ 192,000 |
| Codington County South Dakota | 1 | $ 225,000 | $ 225,000 | $ 89,000 |
| Lincoln County South Dakota | 1 | $ 245,000 | $ 245,000 | $ 98,000 |
| Potter County South Dakota | 1 | $ 195,000 | $ 195,000 | $ 34,000 |
| Yankton County South Dakota | 1 | $ 355,000 | $ 355,000 | $ 159,000 |
| Hidalgo County Texas | 1 | $ 105,000 | $ 105,000 | $ 43,000 |
| Summit County Utah | 1 | $ 595,000 | $ 595,000 | $ 665,000 |
| King County Washington | 1 | $ 295,000 | $ 295,000 | $ 122,000 |
| Pierce County Washington | 1 | $ 735,000 | $ 735,000 | $ 532,000 |
| Calumet County Wisconsin | 1 | $ 265,000 | $ 265,000 | $ 184,000 |
| Clark County Wisconsin | 1 | $ 255,000 | $ 255,000 | $ 93,000 |
| Columbia County Wisconsin | 1 | $ 205,000 | $ 205,000 | $ 110,000 |
| Dodge County Wisconsin | 1 | $ 105,000 | $ 105,000 | $ 49,000 |
| Fond du Lac County Wisconsin | 1 | $ 205,000 | $ 205,000 | $ 84,000 |
| Jefferson County Wisconsin | 1 | $ 95,000 | $ 95,000 | $ 102,000 |
| Lincoln County Wisconsin | 1 | $ 235,000 | $ 235,000 | $ 76,000 |
| Manitowoc County Wisconsin | 1 | $ 105,000 | $ 105,000 | $ 53,000 |
| Portage County Wisconsin | 1 | $ 175,000 | $ 175,000 | $ 76,000 |
| Sheboygan County Wisconsin | 1 | $ 185,000 | $ 185,000 | $ 79,000 |
| Taylor County Wisconsin | 1 | $ 335,000 | $ 335,000 | $ 199,000 |
| Washington County Wisconsin | 1 | $ 255,000 | $ 255,000 | $ 0 |
| Winnebago County Wisconsin | 1 | $ 215,000 | $ 215,000 | $ 67,000 |
| Wood County Wisconsin | 1 | $ 195,000 | $ 195,000 | $ 98,000 |
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 2020
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 | 2,460 | $506,010,000 | $205,000 | $6,005,000 | $115,000 | $2,300,000 |
| Home Purchase | 1,532 | $379,740,000 | $247,000 | $16,025,000 | $106,000 | $1,154,000 |
| Cash-out Refinancing | 1,314 | $282,680,000 | $215,000 | $515,000 | $112,000 | $1,460,000 |
| Other Purpose | 323 | $19,605,000 | $60,000 | $415,000 | $119,000 | $753,000 |
| Home Improvement | 203 | $10,495,000 | $51,000 | $255,000 | $116,000 | $405,000 |
| 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 | 4,956 | $979,010,000 | $197,000 | $1,525,000 | $111,000 | $2,300,000 |
| Not applicable | 445 | $128,685,000 | $289,000 | $16,025,000 | $0 | $0 |
| Not Provided | 282 | $59,850,000 | $212,000 | $1,505,000 | $139,000 | $1,028,000 |
| Asian | 60 | $11,870,000 | $197,000 | $485,000 | $107,000 | $299,000 |
| Hispanic | 47 | $9,455,000 | $201,000 | $1,125,000 | $101,000 | $312,000 |
| Black or African American | 22 | $4,870,000 | $221,000 | $485,000 | $124,000 | $404,000 |
| American Indian or Alaskan Native | 13 | $3,005,000 | $231,000 | $455,000 | $127,000 | $210,000 |
| 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) | 5,735 | $1,177,675,000 | $205,000 | $16,025,000 | $113,000 | $2,300,000 |
| VA-guaranteed (Veterans Administration) | 41 | $11,095,000 | $270,000 | $455,000 | $93,000 | $301,000 |
| FHA-insured (Federal Housing Administration) | 35 | $6,525,000 | $186,000 | $385,000 | $62,000 | $182,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 21 | $3,235,000 | $154,000 | $265,000 | $51,000 | $94,000 |
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 | 4,791 | $986,655,000 | $205,000 | $16,025,000 | $113,000 | $2,300,000 |
| Application Withdrawn By Applicant | 563 | $120,875,000 | $214,000 | $1,655,000 | $118,000 | $1,028,000 |
| Loan Purchased By The Institution | 255 | $51,605,000 | $202,000 | $515,000 | $0 | $0 |
| Application Denied By Financial Institution | 172 | $29,080,000 | $169,000 | $1,125,000 | $81,000 | $332,000 |
| Application Approved But Not Accepted | 46 | $9,480,000 | $206,000 | $515,000 | $111,000 | $295,000 |
| File Closed For Incompleteness | 5 | $835,000 | $167,000 | $255,000 | $100,000 | $252,000 |
| 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 | 5,660 | $1,169,450,000 | $206,000 | $16,025,000 | $113,000 | $2,300,000 |
| Debt-To-Income Ratio | 68 | $12,020,000 | $176,000 | $685,000 | $73,000 | $264,000 |
| Credit History | 48 | $6,430,000 | $133,000 | $355,000 | $82,000 | $220,000 |
| Collateral | 22 | $4,060,000 | $184,000 | $405,000 | $99,000 | $254,000 |
| Other | 21 | $3,995,000 | $190,000 | $1,125,000 | $97,000 | $332,000 |
| Employment History | 8 | $1,350,000 | $168,000 | $255,000 | $67,000 | $190,000 |
| Unverifiable Information | 3 | $645,000 | $215,000 | $275,000 | $65,000 | $79,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $580,000 | $290,000 | $295,000 | $69,000 | $74,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 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.