Merchants Bank, National Association
Mortgage Loan Application
Totals and Details
for 2021
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 | 5,058 |
| Total Mortgage Loan Application Amount | $1,069,070,000 |
| Average Mortgage Loan Application Amount | $162,400 |
| Highest Mortgage Loan Application Amount | $13,195,000 |
| Average Applicant Income | $113,000 |
| Highest Applicant Income | $4,291,000 |
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 | 725 | $ 110,905,000 | $ 152,000 | $ 92,000 |
| La Crosse County Wisconsin | 323 | $ 72,705,000 | $ 225,000 | $ 130,000 |
| Dakota County Minnesota | 307 | $ 71,885,000 | $ 234,000 | $ 121,000 |
| Goodhue County Minnesota | 298 | $ 55,220,000 | $ 185,000 | $ 98,000 |
| Olmsted County Minnesota | 285 | $ 54,575,000 | $ 191,000 | $ 105,000 |
| Otter Tail County Minnesota | 272 | $ 59,180,000 | $ 217,000 | $ 103,000 |
| Houston County Minnesota | 203 | $ 32,455,000 | $ 159,000 | $ 89,000 |
| Hennepin County Minnesota | 165 | $ 40,855,000 | $ 247,000 | $ 155,000 |
| Fillmore County Minnesota | 129 | $ 18,985,000 | $ 147,000 | $ 89,000 |
| Rice County Minnesota | 121 | $ 24,645,000 | $ 203,000 | $ 99,000 |
| Cass County Minnesota | 110 | $ 23,180,000 | $ 210,000 | $ 99,000 |
| Washington County Minnesota | 102 | $ 22,610,000 | $ 221,000 | $ 129,000 |
| Hubbard County Minnesota | 88 | $ 19,000,000 | $ 215,000 | $ 99,000 |
| Eau Claire County Wisconsin | 86 | $ 29,030,000 | $ 337,000 | $ 93,000 |
| Wright County Minnesota | 76 | $ 16,510,000 | $ 217,000 | $ 104,000 |
| Crow Wing County Minnesota | 72 | $ 19,240,000 | $ 267,000 | $ 136,000 |
| Wabasha County Minnesota | 70 | $ 11,300,000 | $ 161,000 | $ 103,000 |
| Ramsey County Minnesota | 52 | $ 13,640,000 | $ 262,000 | $ 105,000 |
| Stearns County Minnesota | 49 | $ 11,515,000 | $ 235,000 | $ 117,000 |
| Buffalo County Wisconsin | 45 | $ 6,155,000 | $ 136,000 | $ 110,000 |
| Becker County Minnesota | 44 | $ 8,120,000 | $ 184,000 | $ 96,000 |
| Scott County Minnesota | 44 | $ 12,150,000 | $ 276,000 | $ 230,000 |
| Washington County Iowa | 42 | $ 6,740,000 | $ 160,000 | $ 91,000 |
| Blue Earth County Minnesota | 41 | $ 7,115,000 | $ 173,000 | $ 95,000 |
| McLean County North Dakota | 41 | $ 7,195,000 | $ 175,000 | $ 91,000 |
| Anoka County Minnesota | 37 | $ 9,495,000 | $ 256,000 | $ 120,000 |
| Dodge County Minnesota | 37 | $ 7,625,000 | $ 206,000 | $ 98,000 |
| Mille Lacs County Minnesota | 36 | $ 6,240,000 | $ 173,000 | $ 73,000 |
| Trempealeau County Wisconsin | 36 | $ 7,870,000 | $ 218,000 | $ 109,000 |
| Mercer County North Dakota | 34 | $ 7,180,000 | $ 211,000 | $ 111,000 |
| Pierce County Wisconsin | 34 | $ 7,170,000 | $ 210,000 | $ 134,000 |
| Douglas County Minnesota | 33 | $ 7,045,000 | $ 213,000 | $ 96,000 |
| Sherburne County Minnesota | 29 | $ 6,515,000 | $ 224,000 | $ 116,000 |
| Vernon County Wisconsin | 29 | $ 4,825,000 | $ 166,000 | $ 103,000 |
| Lyon County Minnesota | 25 | $ 5,585,000 | $ 223,000 | $ 81,000 |
| Cass County North Dakota | 25 | $ 11,615,000 | $ 464,000 | $ 877,000 |
| Lawrence County South Dakota | 24 | $ 6,700,000 | $ 279,000 | $ 288,000 |
| St. Croix County Wisconsin | 24 | $ 10,660,000 | $ 444,000 | $ 169,000 |
| Cerro Gordo County Iowa | 23 | $ 4,255,000 | $ 185,000 | $ 87,000 |
| Monroe County Wisconsin | 23 | $ 4,475,000 | $ 194,000 | $ 158,000 |
| Grand Forks County North Dakota | 22 | $ 5,810,000 | $ 264,000 | $ 132,000 |
| Carver County Minnesota | 21 | $ 6,845,000 | $ 325,000 | $ 165,000 |
| St. Louis County Minnesota | 20 | $ 4,040,000 | $ 202,000 | $ 84,000 |
| Wadena County Minnesota | 19 | $ 2,945,000 | $ 155,000 | $ 82,000 |
| Watonwan County Minnesota | 19 | $ 2,585,000 | $ 136,000 | $ 88,000 |
| Chippewa County Wisconsin | 18 | $ 3,700,000 | $ 205,000 | $ 123,000 |
| Pennington County South Dakota | 16 | $ 2,750,000 | $ 171,000 | $ 139,000 |
| Isanti County Minnesota | 15 | $ 4,285,000 | $ 285,000 | $ 149,000 |
| McLeod County Minnesota | 15 | $ 2,395,000 | $ 159,000 | $ 89,000 |
| Steele County Minnesota | 15 | $ 2,925,000 | $ 195,000 | $ 83,000 |
| Meeker County Minnesota | 14 | $ 3,140,000 | $ 224,000 | $ 85,000 |
| Ramsey County North Dakota | 13 | $ 3,565,000 | $ 274,000 | $ 147,000 |
| Jefferson County Iowa | 12 | $ 1,970,000 | $ 164,000 | $ 152,000 |
| Polk County Iowa | 12 | $ 2,590,000 | $ 215,000 | $ 0 |
| Faribault County Minnesota | 12 | $ 1,830,000 | $ 152,000 | $ 104,000 |
| Freeborn County Minnesota | 12 | $ 2,150,000 | $ 179,000 | $ 78,000 |
| Mower County Minnesota | 12 | $ 16,300,000 | $ 1,358,000 | $ 66,000 |
| Nicollet County Minnesota | 12 | $ 2,910,000 | $ 242,000 | $ 113,000 |
| Maricopa County Arizona | 11 | $ 3,005,000 | $ 273,000 | $ 85,000 |
| Chisago County Minnesota | 11 | $ 6,425,000 | $ 584,000 | $ 101,000 |
| Polk County Minnesota | 11 | $ 2,065,000 | $ 187,000 | $ 120,000 |
| Le Sueur County Minnesota | 10 | $ 2,920,000 | $ 292,000 | $ 99,000 |
| Burleigh County North Dakota | 10 | $ 2,090,000 | $ 209,000 | $ 83,000 |
| Pembina County North Dakota | 10 | $ 1,210,000 | $ 121,000 | $ 90,000 |
| Aitkin County Minnesota | 9 | $ 1,795,000 | $ 199,000 | $ 125,000 |
| Beltrami County Minnesota | 9 | $ 1,505,000 | $ 167,000 | $ 78,000 |
| Kanabec County Minnesota | 9 | $ 1,995,000 | $ 221,000 | $ 97,000 |
| Dickey County North Dakota | 9 | $ 1,545,000 | $ 171,000 | $ 96,000 |
| Dunn County North Dakota | 9 | $ 1,755,000 | $ 195,000 | $ 111,000 |
| Polk County Wisconsin | 9 | $ 2,775,000 | $ 308,000 | $ 114,000 |
| Lee County Florida | 8 | $ 3,400,000 | $ 425,000 | $ 312,000 |
| Allamakee County Iowa | 8 | $ 1,170,000 | $ 146,000 | $ 85,000 |
| Winneshiek County Iowa | 8 | $ 1,930,000 | $ 241,000 | $ 140,000 |
| Benton County Minnesota | 8 | $ 1,750,000 | $ 218,000 | $ 227,000 |
| Grant County Minnesota | 8 | $ 960,000 | $ 120,000 | $ 67,000 |
| Barron County Wisconsin | 8 | $ 4,400,000 | $ 550,000 | $ 100,000 |
| Dunn County Wisconsin | 8 | $ 4,930,000 | $ 616,000 | $ 81,000 |
| Richland County Wisconsin | 8 | $ 1,210,000 | $ 151,000 | $ 77,000 |
| Worth County Iowa | 7 | $ 1,185,000 | $ 169,000 | $ 93,000 |
| Gregory County South Dakota | 7 | $ 1,595,000 | $ 227,000 | $ 120,000 |
| Meade County South Dakota | 7 | $ 1,415,000 | $ 202,000 | $ 0 |
| Tripp County South Dakota | 7 | $ 1,165,000 | $ 166,000 | $ 98,000 |
| Crawford County Wisconsin | 7 | $ 1,505,000 | $ 215,000 | $ 66,000 |
| Sawyer County Wisconsin | 7 | $ 1,755,000 | $ 250,000 | $ 152,000 |
| Henry County Iowa | 6 | $ 960,000 | $ 160,000 | $ 67,000 |
| Carlton County Minnesota | 6 | $ 1,210,000 | $ 201,000 | $ 91,000 |
| Clay County Minnesota | 6 | $ 1,300,000 | $ 216,000 | $ 61,000 |
| Marshall County Minnesota | 6 | $ 700,000 | $ 116,000 | $ 82,000 |
| Pine County Minnesota | 6 | $ 1,010,000 | $ 168,000 | $ 132,000 |
| Sibley County Minnesota | 6 | $ 870,000 | $ 145,000 | $ 62,000 |
| Todd County Minnesota | 6 | $ 1,860,000 | $ 310,000 | $ 175,000 |
| Marathon County Wisconsin | 6 | $ 1,000,000 | $ 166,000 | $ 94,000 |
| Pepin County Wisconsin | 6 | $ 920,000 | $ 153,000 | $ 113,000 |
| Rusk County Wisconsin | 6 | $ 1,170,000 | $ 195,000 | $ 144,000 |
| Pinal County Arizona | 5 | $ 1,395,000 | $ 279,000 | $ 206,000 |
| Itasca County Minnesota | 5 | $ 1,325,000 | $ 265,000 | $ 111,000 |
| Martin County Minnesota | 5 | $ 695,000 | $ 139,000 | $ 72,000 |
| Walsh County North Dakota | 5 | $ 1,045,000 | $ 209,000 | $ 193,000 |
| Butte County South Dakota | 5 | $ 975,000 | $ 195,000 | $ 0 |
| Burnett County Wisconsin | 5 | $ 965,000 | $ 193,000 | $ 119,000 |
| Jackson County Wisconsin | 5 | $ 645,000 | $ 129,000 | $ 78,000 |
| Johnson County Iowa | 4 | $ 1,370,000 | $ 342,000 | $ 0 |
| Marion County Iowa | 4 | $ 1,140,000 | $ 285,000 | $ 102,000 |
| Murray County Minnesota | 4 | $ 630,000 | $ 157,000 | $ 92,000 |
| Pope County Minnesota | 4 | $ 630,000 | $ 157,000 | $ 127,000 |
| Oliver County North Dakota | 4 | $ 880,000 | $ 220,000 | $ 95,000 |
| Bayfield County Wisconsin | 4 | $ 750,000 | $ 187,000 | $ 90,000 |
| Outagamie County Wisconsin | 4 | $ 590,000 | $ 147,000 | $ 100,000 |
| Washburn County Wisconsin | 4 | $ 590,000 | $ 147,000 | $ 95,000 |
| Charlotte County Florida | 3 | $ 965,000 | $ 321,000 | $ 202,000 |
| Collier County Florida | 3 | $ 1,145,000 | $ 381,000 | $ 126,000 |
| Dallas County Iowa | 3 | $ 795,000 | $ 265,000 | $ 126,000 |
| Hancock County Iowa | 3 | $ 255,000 | $ 85,000 | $ 70,000 |
| Lee County Iowa | 3 | $ 605,000 | $ 201,000 | $ 113,000 |
| Louisa County Iowa | 3 | $ 355,000 | $ 118,000 | $ 0 |
| Mitchell County Iowa | 3 | $ 435,000 | $ 145,000 | $ 91,000 |
| Jackson County Minnesota | 3 | $ 785,000 | $ 261,000 | $ 149,000 |
| Kandiyohi County Minnesota | 3 | $ 645,000 | $ 215,000 | $ 140,000 |
| Kittson County Minnesota | 3 | $ 185,000 | $ 61,000 | $ 63,000 |
| Lincoln County Minnesota | 3 | $ 475,000 | $ 158,000 | $ 60,000 |
| Stevens County Minnesota | 3 | $ 345,000 | $ 115,000 | $ 118,000 |
| Waseca County Minnesota | 3 | $ 705,000 | $ 235,000 | $ 64,000 |
| Ransom County North Dakota | 3 | $ 435,000 | $ 145,000 | $ 70,000 |
| Clark County Wisconsin | 3 | $ 6,295,000 | $ 2,098,000 | $ 140,000 |
| Douglas County Wisconsin | 3 | $ 195,000 | $ 65,000 | $ 47,000 |
| Juneau County Wisconsin | 3 | $ 1,505,000 | $ 501,000 | $ 336,000 |
| Milwaukee County Wisconsin | 3 | $ 725,000 | $ 241,000 | $ 102,000 |
| Sauk County Wisconsin | 3 | $ 575,000 | $ 191,000 | $ 160,000 |
| Washington County Wisconsin | 3 | $ 1,055,000 | $ 351,000 | $ 136,000 |
| Pueblo County Colorado | 2 | $ 670,000 | $ 335,000 | $ 138,000 |
| Brevard County Florida | 2 | $ 510,000 | $ 255,000 | $ 84,000 |
| Kootenai County Idaho | 2 | $ 940,000 | $ 470,000 | $ 381,000 |
| Cook County Illinois | 2 | $ 690,000 | $ 345,000 | $ 224,000 |
| Floyd County Iowa | 2 | $ 550,000 | $ 275,000 | $ 77,000 |
| Franklin County Iowa | 2 | $ 230,000 | $ 115,000 | $ 46,000 |
| Keokuk County Iowa | 2 | $ 220,000 | $ 110,000 | $ 0 |
| Marshall County Iowa | 2 | $ 490,000 | $ 245,000 | $ 0 |
| Brown County Minnesota | 2 | $ 550,000 | $ 275,000 | $ 125,000 |
| Lake of the Woods County Minnesota | 2 | $ 280,000 | $ 140,000 | $ 62,000 |
| Morrison County Minnesota | 2 | $ 280,000 | $ 140,000 | $ 112,000 |
| Norman County Minnesota | 2 | $ 280,000 | $ 140,000 | $ 111,000 |
| Pennington County Minnesota | 2 | $ 2,650,000 | $ 1,325,000 | $ 0 |
| Redwood County Minnesota | 2 | $ 510,000 | $ 255,000 | $ 100,000 |
| Roseau County Minnesota | 2 | $ 300,000 | $ 150,000 | $ 118,000 |
| Saunders County Nebraska | 2 | $ 250,000 | $ 125,000 | $ 67,000 |
| Morton County North Dakota | 2 | $ 690,000 | $ 345,000 | $ 169,000 |
| Richland County North Dakota | 2 | $ 460,000 | $ 230,000 | $ 93,000 |
| Traill County North Dakota | 2 | $ 840,000 | $ 420,000 | $ 174,000 |
| Ward County North Dakota | 2 | $ 510,000 | $ 255,000 | $ 113,000 |
| Roberts County South Dakota | 2 | $ 590,000 | $ 295,000 | $ 187,000 |
| Wise County Texas | 2 | $ 1,080,000 | $ 540,000 | $ 154,000 |
| Brown County Wisconsin | 2 | $ 340,000 | $ 170,000 | $ 108,000 |
| Grant County Wisconsin | 2 | $ 230,000 | $ 115,000 | $ 39,000 |
| Mohave County Arizona | 1 | $ 195,000 | $ 195,000 | $ 56,000 |
| Navajo County Arizona | 1 | $ 365,000 | $ 365,000 | $ 515,000 |
| San Bernardino County California | 1 | $ 225,000 | $ 225,000 | $ 0 |
| Adams County Colorado | 1 | $ 175,000 | $ 175,000 | $ 55,000 |
| El Paso County Colorado | 1 | $ 475,000 | $ 475,000 | $ 150,000 |
| Broward County Florida | 1 | $ 505,000 | $ 505,000 | $ 356,000 |
| Escambia County Florida | 1 | $ 185,000 | $ 185,000 | $ 129,000 |
| Hernando County Florida | 1 | $ 175,000 | $ 175,000 | $ 84,000 |
| Lake County Florida | 1 | $ 265,000 | $ 265,000 | $ 120,000 |
| Leon County Florida | 1 | $ 375,000 | $ 375,000 | $ 65,000 |
| Okaloosa County Florida | 1 | $ 425,000 | $ 425,000 | $ 225,000 |
| Orange County Florida | 1 | $ 275,000 | $ 275,000 | $ 296,000 |
| Polk County Florida | 1 | $ 305,000 | $ 305,000 | $ 119,000 |
| Sarasota County Florida | 1 | $ 215,000 | $ 215,000 | $ 250,000 |
| St. Johns County Florida | 1 | $ 295,000 | $ 295,000 | $ 117,000 |
| Will County Illinois | 1 | $ 335,000 | $ 335,000 | $ 0 |
| Des Moines County Iowa | 1 | $ 95,000 | $ 95,000 | $ 101,000 |
| Dickinson County Iowa | 1 | $ 395,000 | $ 395,000 | $ 0 |
| Grundy County Iowa | 1 | $ 255,000 | $ 255,000 | $ 75,000 |
| Hamilton County Iowa | 1 | $ 145,000 | $ 145,000 | $ 0 |
| Jasper County Iowa | 1 | $ 185,000 | $ 185,000 | $ 0 |
| Linn County Iowa | 1 | $ 185,000 | $ 185,000 | $ 47,000 |
| Story County Iowa | 1 | $ 295,000 | $ 295,000 | $ 0 |
| Union County Iowa | 1 | $ 145,000 | $ 145,000 | $ 0 |
| Van Buren County Iowa | 1 | $ 145,000 | $ 145,000 | $ 0 |
| Warren County Iowa | 1 | $ 215,000 | $ 215,000 | $ 0 |
| Johnson County Kansas | 1 | $ 305,000 | $ 305,000 | $ 200,000 |
| Kent County Maryland | 1 | $ 405,000 | $ 405,000 | $ 80,000 |
| Kent County Michigan | 1 | $ 275,000 | $ 275,000 | $ 295,000 |
| Marquette County Michigan | 1 | $ 305,000 | $ 305,000 | $ 93,000 |
| Big Stone County Minnesota | 1 | $ 145,000 | $ 145,000 | $ 84,000 |
| Cook County Minnesota | 1 | $ 305,000 | $ 305,000 | $ 114,000 |
| Cottonwood County Minnesota | 1 | $ 165,000 | $ 165,000 | $ 114,000 |
| Koochiching County Minnesota | 1 | $ 75,000 | $ 75,000 | $ 57,000 |
| Lac qui Parle County Minnesota | 1 | $ 85,000 | $ 85,000 | $ 29,000 |
| Lake County Minnesota | 1 | $ 365,000 | $ 365,000 | $ 78,000 |
| Mahnomen County Minnesota | 1 | $ 85,000 | $ 85,000 | $ 73,000 |
| Nobles County Minnesota | 1 | $ 355,000 | $ 355,000 | $ 180,000 |
| Pipestone County Minnesota | 1 | $ 425,000 | $ 425,000 | $ 131,000 |
| Red Lake County Minnesota | 1 | $ 295,000 | $ 295,000 | $ 142,000 |
| Rock County Minnesota | 1 | $ 145,000 | $ 145,000 | $ 79,000 |
| Swift County Minnesota | 1 | $ 75,000 | $ 75,000 | $ 54,000 |
| Wilkin County Minnesota | 1 | $ 155,000 | $ 155,000 | $ 55,000 |
| Yellow Medicine County Minnesota | 1 | $ 175,000 | $ 175,000 | $ 46,000 |
| Camden County Missouri | 1 | $ 345,000 | $ 345,000 | $ 87,000 |
| Jackson County Missouri | 1 | $ 455,000 | $ 455,000 | $ 160,000 |
| Richland County Montana | 1 | $ 145,000 | $ 145,000 | $ 68,000 |
| Yellowstone County Montana | 1 | $ 335,000 | $ 335,000 | $ 62,000 |
| Cass County Nebraska | 1 | $ 165,000 | $ 165,000 | $ 77,000 |
| Douglas County Nebraska | 1 | $ 475,000 | $ 475,000 | $ 326,000 |
| Nuckolls County Nebraska | 1 | $ 85,000 | $ 85,000 | $ 53,000 |
| Bottineau County North Dakota | 1 | $ 545,000 | $ 545,000 | $ 198,000 |
| Cavalier County North Dakota | 1 | $ 115,000 | $ 115,000 | $ 161,000 |
| Eddy County North Dakota | 1 | $ 165,000 | $ 165,000 | $ 93,000 |
| Griggs County North Dakota | 1 | $ 225,000 | $ 225,000 | $ 77,000 |
| LaMoure County North Dakota | 1 | $ 205,000 | $ 205,000 | $ 74,000 |
| Nelson County North Dakota | 1 | $ 115,000 | $ 115,000 | $ 167,000 |
| Sargent County North Dakota | 1 | $ 65,000 | $ 65,000 | $ 106,000 |
| Stark County North Dakota | 1 | $ 55,000 | $ 55,000 | $ 34,000 |
| Wood County Ohio | 1 | $ 235,000 | $ 235,000 | $ 295,000 |
| Georgetown County South Carolina | 1 | $ 225,000 | $ 225,000 | $ 261,000 |
| Horry County South Carolina | 1 | $ 115,000 | $ 115,000 | $ 249,000 |
| Brookings County South Dakota | 1 | $ 175,000 | $ 175,000 | $ 0 |
| Brule County South Dakota | 1 | $ 115,000 | $ 115,000 | $ 29,000 |
| Charles Mix County South Dakota | 1 | $ 115,000 | $ 115,000 | $ 50,000 |
| Davison County South Dakota | 1 | $ 255,000 | $ 255,000 | $ 92,000 |
| Douglas County South Dakota | 1 | $ 245,000 | $ 245,000 | $ 57,000 |
| Fall River County South Dakota | 1 | $ 245,000 | $ 245,000 | $ 0 |
| Harding County South Dakota | 1 | $ 125,000 | $ 125,000 | $ 0 |
| Lake County South Dakota | 1 | $ 295,000 | $ 295,000 | $ 110,000 |
| Marshall County South Dakota | 1 | $ 135,000 | $ 135,000 | $ 65,000 |
| Adams County Wisconsin | 1 | $ 125,000 | $ 125,000 | $ 101,000 |
| Calumet County Wisconsin | 1 | $ 265,000 | $ 265,000 | $ 154,000 |
| Oneida County Wisconsin | 1 | $ 355,000 | $ 355,000 | $ 441,000 |
| Ozaukee County Wisconsin | 1 | $ 225,000 | $ 225,000 | $ 54,000 |
| Price County Wisconsin | 1 | $ 275,000 | $ 275,000 | $ 118,000 |
| Shawano County Wisconsin | 1 | $ 85,000 | $ 85,000 | $ 46,000 |
| Waukesha County Wisconsin | 1 | $ 355,000 | $ 355,000 | $ 115,000 |
| Waushara County Wisconsin | 1 | $ 105,000 | $ 105,000 | $ 62,000 |
| Wood County Wisconsin | 1 | $ 115,000 | $ 115,000 | $ 27,000 |
| Crook County Wyoming | 1 | $ 425,000 | $ 425,000 | $ 0 |
| Sheridan County Wyoming | 1 | $ 375,000 | $ 375,000 | $ 0 |
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 2021
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 | 1,666 | $333,980,000 | $200,000 | $7,245,000 | $109,000 | $3,614,000 |
| Home Purchase | 1,649 | $445,425,000 | $270,000 | $13,195,000 | $118,000 | $4,291,000 |
| Cash-out Refinancing | 1,199 | $252,225,000 | $210,000 | $805,000 | $108,000 | $1,531,000 |
| Other Purpose | 341 | $25,865,000 | $75,000 | $505,000 | $123,000 | $709,000 |
| Home Improvement | 203 | $11,575,000 | $57,000 | $1,205,000 | $107,000 | $312,000 |
| 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 | 4,296 | $839,640,000 | $195,000 | $1,905,000 | $107,000 | $3,614,000 |
| Not Provided | 306 | $62,980,000 | $205,000 | $635,000 | $193,000 | $4,291,000 |
| Not applicable | 303 | $136,275,000 | $449,000 | $13,195,000 | $0 | $0 |
| Asian | 58 | $11,310,000 | $195,000 | $555,000 | $100,000 | $540,000 |
| Hispanic | 54 | $10,490,000 | $194,000 | $545,000 | $85,000 | $260,000 |
| Black or African American | 21 | $4,825,000 | $229,000 | $545,000 | $122,000 | $665,000 |
| American Indian or Alaskan Native | 13 | $2,405,000 | $185,000 | $455,000 | $99,000 | $190,000 |
| 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) | 4,963 | $1,049,585,000 | $211,000 | $13,195,000 | $113,000 | $4,291,000 |
| VA-guaranteed (Veterans Administration) | 47 | $10,695,000 | $227,000 | $425,000 | $85,000 | $255,000 |
| FHA-insured (Federal Housing Administration) | 33 | $6,315,000 | $191,000 | $395,000 | $74,000 | $133,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 15 | $2,475,000 | $165,000 | $265,000 | $55,000 | $87,000 |
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 | 4,287 | $906,345,000 | $211,000 | $13,195,000 | $114,000 | $4,291,000 |
| Application Withdrawn By Applicant | 440 | $97,970,000 | $222,000 | $1,905,000 | $107,000 | $958,000 |
| Application Denied By Financial Institution | 157 | $29,455,000 | $187,000 | $705,000 | $87,000 | $622,000 |
| Loan Purchased By The Institution | 139 | $28,405,000 | $204,000 | $545,000 | $0 | $0 |
| Application Approved But Not Accepted | 33 | $6,825,000 | $206,000 | $545,000 | $123,000 | $441,000 |
| File Closed For Incompleteness | 2 | $70,000 | $35,000 | $55,000 | $72,000 | $113,000 |
| 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 | 4,901 | $1,039,615,000 | $212,000 | $13,195,000 | $113,000 | $4,291,000 |
| Debt-To-Income Ratio | 64 | $11,930,000 | $186,000 | $545,000 | $79,000 | $429,000 |
| Credit History | 32 | $4,230,000 | $132,000 | $295,000 | $71,000 | $245,000 |
| Collateral | 29 | $6,915,000 | $238,000 | $705,000 | $103,000 | $275,000 |
| Other | 12 | $2,070,000 | $172,000 | $285,000 | $125,000 | $622,000 |
| Employment History | 9 | $2,425,000 | $269,000 | $625,000 | $78,000 | $156,000 |
| Unverifiable Information | 7 | $1,125,000 | $160,000 | $245,000 | $119,000 | $422,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 4 | $760,000 | $190,000 | $315,000 | $72,000 | $133,000 |
| 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.