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 Midcountry Bank.
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 | Midcountry Bank 7825 Washington Ave. S., Ste. 120 Bloomington, MN 55439 Tel #: available with data download |
Federal Regulator | * available with data download |
Years | 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 |
Total Number of Mortgage Applications | 1,349 |
Total Mortgage Loan Application Amount | $224,366,000 |
Average Mortgage Loan Application Amount | $150,000 |
Highest Mortgage Loan Application Amount | $4,200,000 |
Average Applicant Income | $82,333 |
Highest Applicant Income | $5,571,000 |
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 |
---|---|---|---|---|
Hennepin County Minnesota | 232 | $ 51,515,000 | $ 222,000 | $ 113,000 |
Ramsey County Minnesota | 133 | $ 22,168,000 | $ 166,000 | $ 91,000 |
Washington County Minnesota | 83 | $ 17,510,000 | $ 210,000 | $ 93,000 |
Dakota County Minnesota | 79 | $ 13,036,000 | $ 165,000 | $ 72,000 |
Anoka County Minnesota | 76 | $ 11,828,000 | $ 155,000 | $ 53,000 |
McLeod County Minnesota | 49 | $ 4,538,000 | $ 92,000 | $ 62,000 |
Carver County Minnesota | 46 | $ 7,566,000 | $ 164,000 | $ 59,000 |
Wright County Minnesota | 46 | $ 7,740,000 | $ 168,000 | $ 104,000 |
Williamson County Illinois | 44 | $ 3,027,000 | $ 68,000 | $ 46,000 |
Franklin County Illinois | 41 | $ 2,254,000 | $ 54,000 | $ 45,000 |
Meeker County Minnesota | 25 | $ 3,348,000 | $ 133,000 | $ 67,000 |
Kandiyohi County Minnesota | 22 | $ 3,768,000 | $ 171,000 | $ 70,000 |
Scott County Minnesota | 22 | $ 5,464,000 | $ 248,000 | $ 97,000 |
Sherburne County Minnesota | 17 | $ 2,623,000 | $ 154,000 | $ 60,000 |
Stearns County Minnesota | 17 | $ 4,173,000 | $ 245,000 | $ 83,000 |
Douglas County Nebraska | 13 | $ 1,669,000 | $ 128,000 | $ 93,000 |
Jefferson County Illinois | 12 | $ 666,000 | $ 55,000 | $ 64,000 |
Chisago County Minnesota | 11 | $ 1,989,000 | $ 180,000 | $ 70,000 |
Sibley County Minnesota | 11 | $ 1,535,000 | $ 139,000 | $ 50,000 |
St. Louis County Minnesota | 11 | $ 1,630,000 | $ 148,000 | $ 271,000 |
Jackson County Illinois | 10 | $ 2,492,000 | $ 249,000 | $ 164,000 |
Benton County Minnesota | 10 | $ 3,664,000 | $ 366,000 | $ 57,000 |
Olmsted County Minnesota | 10 | $ 1,161,000 | $ 116,000 | $ 44,000 |
Clark County Nevada | 9 | $ 1,424,000 | $ 158,000 | $ 40,000 |
Massac County Illinois | 8 | $ 485,000 | $ 60,000 | $ 39,000 |
St. Louis County Missouri | 8 | $ 1,284,000 | $ 160,000 | $ 136,000 |
Crow Wing County Minnesota | 7 | $ 950,000 | $ 135,000 | $ 57,000 |
Isanti County Minnesota | 7 | $ 729,000 | $ 104,000 | $ 60,000 |
Saline County Illinois | 6 | $ 426,000 | $ 71,000 | $ 61,000 |
Rice County Minnesota | 6 | $ 1,460,000 | $ 243,000 | $ 136,000 |
Johnson County Illinois | 5 | $ 372,000 | $ 74,000 | $ 35,000 |
St. Croix County Wisconsin | 5 | $ 782,000 | $ 156,000 | $ 99,000 |
Union County Illinois | 4 | $ 171,000 | $ 42,000 | $ 30,000 |
Johnson County Kansas | 4 | $ 474,000 | $ 118,000 | $ 46,000 |
Goodhue County Minnesota | 4 | $ 706,000 | $ 176,000 | $ 70,000 |
Maricopa County Arizona | 3 | $ 636,000 | $ 212,000 | $ 93,000 |
Palm Beach County Florida | 3 | $ 537,000 | $ 179,000 | $ 16,000 |
Vigo County Indiana | 3 | $ 340,000 | $ 113,000 | $ 21,000 |
Beltrami County Minnesota | 3 | $ 583,000 | $ 194,000 | $ 191,000 |
Lac qui Parle County Minnesota | 3 | $ 329,000 | $ 109,000 | $ 86,000 |
Mille Lacs County Minnesota | 3 | $ 498,000 | $ 166,000 | $ 55,000 |
Nicollet County Minnesota | 3 | $ 342,000 | $ 114,000 | $ 37,000 |
Renville County Minnesota | 3 | $ 290,000 | $ 96,000 | $ 54,000 |
Winona County Minnesota | 3 | $ 241,000 | $ 80,000 | $ 42,000 |
Jasper County Missouri | 3 | $ 340,000 | $ 113,000 | $ 33,000 |
Jefferson County Alabama | 2 | $ 288,000 | $ 144,000 | $ 127,000 |
Pima County Arizona | 2 | $ 347,000 | $ 173,000 | $ 97,000 |
Pinal County Arizona | 2 | $ 322,000 | $ 161,000 | $ 45,000 |
Los Angeles County California | 2 | $ 870,000 | $ 435,000 | $ 157,000 |
Broward County Florida | 2 | $ 183,000 | $ 91,000 | $ 54,000 |
Cherokee County Georgia | 2 | $ 291,000 | $ 145,000 | $ 95,000 |
Muscogee County Georgia | 2 | $ 221,000 | $ 110,000 | $ 203,000 |
Pope County Illinois | 2 | $ 302,000 | $ 151,000 | $ 69,000 |
Pulaski County Illinois | 2 | $ 149,000 | $ 74,000 | $ 34,000 |
Washington County Illinois | 2 | $ 149,000 | $ 74,000 | $ 38,000 |
Sedgwick County Kansas | 2 | $ 439,000 | $ 219,000 | $ 56,000 |
Graves County Kentucky | 2 | $ 153,000 | $ 76,000 | $ 0 |
Anne Arundel County Maryland | 2 | $ 540,000 | $ 270,000 | $ 78,000 |
Cass County Minnesota | 2 | $ 513,000 | $ 256,000 | $ 92,000 |
Dodge County Minnesota | 2 | $ 56,000 | $ 28,000 | $ 17,000 |
Morrison County Minnesota | 2 | $ 314,000 | $ 157,000 | $ 63,000 |
Pine County Minnesota | 2 | $ 324,000 | $ 162,000 | $ 17,000 |
Yellow Medicine County Minnesota | 2 | $ 181,000 | $ 90,000 | $ 72,000 |
Boone County Missouri | 2 | $ 109,000 | $ 54,000 | $ 47,000 |
Jackson County Missouri | 2 | $ 284,000 | $ 142,000 | $ 58,000 |
Keith County Nebraska | 2 | $ 432,000 | $ 216,000 | $ 84,000 |
Lancaster County Nebraska | 2 | $ 164,000 | $ 82,000 | $ 116,000 |
Sarpy County Nebraska | 2 | $ 258,000 | $ 129,000 | $ 52,000 |
Wake County North Carolina | 2 | $ 1,406,000 | $ 703,000 | $ 240,000 |
York County Pennsylvania | 2 | $ 287,000 | $ 143,000 | $ 74,000 |
Dyer County Tennessee | 2 | $ 274,000 | $ 137,000 | $ 0 |
Montgomery County Tennessee | 2 | $ 327,000 | $ 163,000 | $ 0 |
Harris County Texas | 2 | $ 470,000 | $ 235,000 | $ 53,000 |
Tarrant County Texas | 2 | $ 356,000 | $ 178,000 | $ 92,000 |
King County Washington | 2 | $ 453,000 | $ 226,000 | $ 142,000 |
Berkeley County West Virginia | 2 | $ 192,000 | $ 96,000 | $ 175,000 |
Barron County Wisconsin | 2 | $ 162,000 | $ 81,000 | $ 55,000 |
Pierce County Wisconsin | 2 | $ 367,000 | $ 183,000 | $ 68,000 |
Jackson County Alabama | 1 | $ 191,000 | $ 191,000 | $ 65,000 |
Madison County Alabama | 1 | $ 148,000 | $ 148,000 | $ 31,000 |
St. Clair County Alabama | 1 | $ 271,000 | $ 271,000 | $ 63,000 |
Matanuska-Susitna County Alaska | 1 | $ 151,000 | $ 151,000 | $ 103,000 |
Crawford County Arkansas | 1 | $ 231,000 | $ 231,000 | $ 102,000 |
Greene County Arkansas | 1 | $ 50,000 | $ 50,000 | $ 47,000 |
Pulaski County Arkansas | 1 | $ 260,000 | $ 260,000 | $ 123,000 |
Sebastian County Arkansas | 1 | $ 101,000 | $ 101,000 | $ 32,000 |
Riverside County California | 1 | $ 247,000 | $ 247,000 | $ 81,000 |
El Paso County Colorado | 1 | $ 279,000 | $ 279,000 | $ 82,000 |
Charlotte County Florida | 1 | $ 172,000 | $ 172,000 | $ 71,000 |
Collier County Florida | 1 | $ 400,000 | $ 400,000 | $ 216,000 |
Escambia County Florida | 1 | $ 200,000 | $ 200,000 | $ 969,000 |
Lee County Florida | 1 | $ 95,000 | $ 95,000 | $ 201,000 |
Miami-Dade County Florida | 1 | $ 123,000 | $ 123,000 | $ 264,000 |
Orange County Florida | 1 | $ 112,000 | $ 112,000 | $ 60,000 |
Pasco County Florida | 1 | $ 196,000 | $ 196,000 | $ 129,000 |
Pinellas County Florida | 1 | $ 165,000 | $ 165,000 | $ 14,000 |
Volusia County Florida | 1 | $ 217,000 | $ 217,000 | $ 47,000 |
Columbia County Georgia | 1 | $ 158,000 | $ 158,000 | $ 50,000 |
Effingham County Georgia | 1 | $ 300,000 | $ 300,000 | $ 212,000 |
Lanier County Georgia | 1 | $ 129,000 | $ 129,000 | $ 61,000 |
Liberty County Georgia | 1 | $ 246,000 | $ 246,000 | $ 0 |
Paulding County Georgia | 1 | $ 92,000 | $ 92,000 | $ 38,000 |
Terrell County Georgia | 1 | $ 58,000 | $ 58,000 | $ 58,000 |
Minidoka County Idaho | 1 | $ 106,000 | $ 106,000 | $ 56,000 |
Champaign County Illinois | 1 | $ 92,000 | $ 92,000 | $ 42,000 |
Cook County Illinois | 1 | $ 49,000 | $ 49,000 | $ 30,000 |
Hamilton County Illinois | 1 | $ 20,000 | $ 20,000 | $ 87,000 |
Kane County Illinois | 1 | $ 72,000 | $ 72,000 | $ 53,000 |
Madison County Illinois | 1 | $ 222,000 | $ 222,000 | $ 90,000 |
Marshall County Illinois | 1 | $ 127,000 | $ 127,000 | $ 0 |
Montgomery County Illinois | 1 | $ 74,000 | $ 74,000 | $ 96,000 |
Perry County Illinois | 1 | $ 120,000 | $ 120,000 | $ 109,000 |
Tazewell County Illinois | 1 | $ 75,000 | $ 75,000 | $ 0 |
Wayne County Illinois | 1 | $ 7,000 | $ 7,000 | $ 61,000 |
Will County Illinois | 1 | $ 99,000 | $ 99,000 | $ 36,000 |
Grant County Indiana | 1 | $ 61,000 | $ 61,000 | $ 38,000 |
Hancock County Indiana | 1 | $ 400,000 | $ 400,000 | $ 140,000 |
Hendricks County Indiana | 1 | $ 200,000 | $ 200,000 | $ 86,000 |
Lake County Indiana | 1 | $ 129,000 | $ 129,000 | $ 0 |
Marion County Indiana | 1 | $ 61,000 | $ 61,000 | $ 60,000 |
Owen County Indiana | 1 | $ 270,000 | $ 270,000 | $ 49,000 |
Parke County Indiana | 1 | $ 50,000 | $ 50,000 | $ 31,000 |
Tippecanoe County Indiana | 1 | $ 124,000 | $ 124,000 | $ 0 |
Cerro Gordo County Iowa | 1 | $ 289,000 | $ 289,000 | $ 123,000 |
Clinton County Iowa | 1 | $ 54,000 | $ 54,000 | $ 85,000 |
Dallas County Iowa | 1 | $ 243,000 | $ 243,000 | $ 107,000 |
Polk County Iowa | 1 | $ 45,000 | $ 45,000 | $ 25,000 |
Cherokee County Kansas | 1 | $ 80,000 | $ 80,000 | $ 75,000 |
Clay County Kansas | 1 | $ 123,000 | $ 123,000 | $ 55,000 |
Clark County Kentucky | 1 | $ 70,000 | $ 70,000 | $ 41,000 |
Hardin County Kentucky | 1 | $ 190,000 | $ 190,000 | $ 67,000 |
Laurel County Kentucky | 1 | $ 97,000 | $ 97,000 | $ 23,000 |
Oldham County Kentucky | 1 | $ 97,000 | $ 97,000 | $ 0 |
Cumberland County Maine | 1 | $ 212,000 | $ 212,000 | $ 137,000 |
Washington County Maine | 1 | $ 53,000 | $ 53,000 | $ 17,000 |
Montgomery County Maryland | 1 | $ 297,000 | $ 297,000 | $ 81,000 |
Middlesex County Massachusetts | 1 | $ 400,000 | $ 400,000 | $ 194,000 |
Ionia County Michigan | 1 | $ 153,000 | $ 153,000 | $ 76,000 |
Jackson County Michigan | 1 | $ 69,000 | $ 69,000 | $ 25,000 |
Saginaw County Michigan | 1 | $ 150,000 | $ 150,000 | $ 122,000 |
St. Joseph County Michigan | 1 | $ 84,000 | $ 84,000 | $ 70,000 |
Washtenaw County Michigan | 1 | $ 388,000 | $ 388,000 | $ 93,000 |
Blue Earth County Minnesota | 1 | $ 200,000 | $ 200,000 | $ 77,000 |
Douglas County Minnesota | 1 | $ 142,000 | $ 142,000 | $ 58,000 |
Freeborn County Minnesota | 1 | $ 78,000 | $ 78,000 | $ 28,000 |
Hubbard County Minnesota | 1 | $ 159,000 | $ 159,000 | $ 51,000 |
Kanabec County Minnesota | 1 | $ 97,000 | $ 97,000 | $ 26,000 |
Koochiching County Minnesota | 1 | $ 119,000 | $ 119,000 | $ 93,000 |
Le Sueur County Minnesota | 1 | $ 155,000 | $ 155,000 | $ 41,000 |
Lyon County Minnesota | 1 | $ 122,000 | $ 122,000 | $ 39,000 |
Mower County Minnesota | 1 | $ 150,000 | $ 150,000 | $ 29,000 |
Murray County Minnesota | 1 | $ 300,000 | $ 300,000 | $ 129,000 |
Otter Tail County Minnesota | 1 | $ 250,000 | $ 250,000 | $ 345,000 |
Redwood County Minnesota | 1 | $ 200,000 | $ 200,000 | $ 74,000 |
Lauderdale County Mississippi | 1 | $ 244,000 | $ 244,000 | $ 250,000 |
Christian County Missouri | 1 | $ 168,000 | $ 168,000 | $ 0 |
Pettis County Missouri | 1 | $ 74,000 | $ 74,000 | $ 0 |
St. Charles County Missouri | 1 | $ 103,000 | $ 103,000 | $ 70,000 |
St. Louis City County Missouri | 1 | $ 75,000 | $ 75,000 | $ 35,000 |
Texas County Missouri | 1 | $ 50,000 | $ 50,000 | $ 36,000 |
Buffalo County Nebraska | 1 | $ 82,000 | $ 82,000 | $ 52,000 |
Cass County Nebraska | 1 | $ 152,000 | $ 152,000 | $ 94,000 |
Cedar County Nebraska | 1 | $ 175,000 | $ 175,000 | $ 96,000 |
Gage County Nebraska | 1 | $ 50,000 | $ 50,000 | $ 108,000 |
Nemaha County Nebraska | 1 | $ 64,000 | $ 64,000 | $ 118,000 |
Red Willow County Nebraska | 1 | $ 93,000 | $ 93,000 | $ 77,000 |
Passaic County New Jersey | 1 | $ 366,000 | $ 366,000 | $ 168,000 |
Salem County New Jersey | 1 | $ 230,000 | $ 230,000 | $ 53,000 |
Warren County New Jersey | 1 | $ 140,000 | $ 140,000 | $ 51,000 |
Bronx County New York | 1 | $ 315,000 | $ 315,000 | $ 72,000 |
Jefferson County New York | 1 | $ 149,000 | $ 149,000 | $ 54,000 |
Richmond County New York | 1 | $ 150,000 | $ 150,000 | $ 0 |
Sullivan County New York | 1 | $ 100,000 | $ 100,000 | $ 87,000 |
Cumberland County North Carolina | 1 | $ 138,000 | $ 138,000 | $ 56,000 |
Forsyth County North Carolina | 1 | $ 105,000 | $ 105,000 | $ 33,000 |
Guilford County North Carolina | 1 | $ 95,000 | $ 95,000 | $ 31,000 |
Henderson County North Carolina | 1 | $ 50,000 | $ 50,000 | $ 62,000 |
Hoke County North Carolina | 1 | $ 148,000 | $ 148,000 | $ 42,000 |
Lincoln County North Carolina | 1 | $ 60,000 | $ 60,000 | $ 25,000 |
Macon County North Carolina | 1 | $ 54,000 | $ 54,000 | $ 69,000 |
Martin County North Carolina | 1 | $ 60,000 | $ 60,000 | $ 971,000 |
Mecklenburg County North Carolina | 1 | $ 98,000 | $ 98,000 | $ 200,000 |
Onslow County North Carolina | 1 | $ 185,000 | $ 185,000 | $ 78,000 |
Pender County North Carolina | 1 | $ 77,000 | $ 77,000 | $ 24,000 |
Pitt County North Carolina | 1 | $ 83,000 | $ 83,000 | $ 37,000 |
Rowan County North Carolina | 1 | $ 196,000 | $ 196,000 | $ 80,000 |
Stanly County North Carolina | 1 | $ 93,000 | $ 93,000 | $ 46,000 |
Transylvania County North Carolina | 1 | $ 68,000 | $ 68,000 | $ 30,000 |
Richland County North Dakota | 1 | $ 100,000 | $ 100,000 | $ 34,000 |
Ward County North Dakota | 1 | $ 255,000 | $ 255,000 | $ 34,000 |
Columbiana County Ohio | 1 | $ 77,000 | $ 77,000 | $ 46,000 |
Franklin County Ohio | 1 | $ 121,000 | $ 121,000 | $ 46,000 |
Hamilton County Ohio | 1 | $ 74,000 | $ 74,000 | $ 60,000 |
Montgomery County Ohio | 1 | $ 58,000 | $ 58,000 | $ 36,000 |
Seneca County Ohio | 1 | $ 64,000 | $ 64,000 | $ 60,000 |
Craig County Oklahoma | 1 | $ 172,000 | $ 172,000 | $ 93,000 |
Oklahoma County Oklahoma | 1 | $ 119,000 | $ 119,000 | $ 95,000 |
Tulsa County Oklahoma | 1 | $ 172,000 | $ 172,000 | $ 14,000 |
Clackamas County Oregon | 1 | $ 246,000 | $ 246,000 | $ 79,000 |
Columbia County Oregon | 1 | $ 133,000 | $ 133,000 | $ 35,000 |
Douglas County Oregon | 1 | $ 74,000 | $ 74,000 | $ 0 |
Multnomah County Oregon | 1 | $ 53,000 | $ 53,000 | $ 57,000 |
Beaver County Pennsylvania | 1 | $ 61,000 | $ 61,000 | $ 35,000 |
Luzerne County Pennsylvania | 1 | $ 72,000 | $ 72,000 | $ 70,000 |
Warren County Pennsylvania | 1 | $ 61,000 | $ 61,000 | $ 17,000 |
Darlington County South Carolina | 1 | $ 124,000 | $ 124,000 | $ 53,000 |
Pickens County South Carolina | 1 | $ 143,000 | $ 143,000 | $ 49,000 |
Richland County South Carolina | 1 | $ 173,000 | $ 173,000 | $ 58,000 |
Lake County South Dakota | 1 | $ 120,000 | $ 120,000 | $ 106,000 |
Stanley County South Dakota | 1 | $ 126,000 | $ 126,000 | $ 63,000 |
Shelby County Tennessee | 1 | $ 213,000 | $ 213,000 | $ 45,000 |
Sumner County Tennessee | 1 | $ 179,000 | $ 179,000 | $ 0 |
Williamson County Tennessee | 1 | $ 110,000 | $ 110,000 | $ 0 |
Bell County Texas | 1 | $ 254,000 | $ 254,000 | $ 0 |
Bexar County Texas | 1 | $ 65,000 | $ 65,000 | $ 44,000 |
Brazoria County Texas | 1 | $ 233,000 | $ 233,000 | $ 125,000 |
Coryell County Texas | 1 | $ 37,000 | $ 37,000 | $ 59,000 |
Dallas County Texas | 1 | $ 785,000 | $ 785,000 | $ 350,000 |
Midland County Texas | 1 | $ 80,000 | $ 80,000 | $ 102,000 |
Victoria County Texas | 1 | $ 170,000 | $ 170,000 | $ 50,000 |
Chesapeake County Virginia | 1 | $ 255,000 | $ 255,000 | $ 69,000 |
Hampton County Virginia | 1 | $ 147,000 | $ 147,000 | $ 53,000 |
Louisa County Virginia | 1 | $ 57,000 | $ 57,000 | $ 32,000 |
Page County Virginia | 1 | $ 80,000 | $ 80,000 | $ 16,000 |
Pierce County Washington | 1 | $ 412,000 | $ 412,000 | $ 84,000 |
Boone County West Virginia | 1 | $ 71,000 | $ 71,000 | $ 142,000 |
Cabell County West Virginia | 1 | $ 56,000 | $ 56,000 | $ 54,000 |
Jefferson County West Virginia | 1 | $ 127,000 | $ 127,000 | $ 48,000 |
Kanawha County West Virginia | 1 | $ 80,000 | $ 80,000 | $ 130,000 |
Monongalia County West Virginia | 1 | $ 120,000 | $ 120,000 | $ 144,000 |
Preston County West Virginia | 1 | $ 59,000 | $ 59,000 | $ 148,000 |
Ashland County Wisconsin | 1 | $ 941,000 | $ 941,000 | $ 550,000 |
Burnett County Wisconsin | 1 | $ 186,000 | $ 186,000 | $ 159,000 |
Dane County Wisconsin | 1 | $ 123,000 | $ 123,000 | $ 57,000 |
Sawyer County Wisconsin | 1 | $ 182,000 | $ 182,000 | $ 229,000 |
Albany County Wyoming | 1 | $ 244,000 | $ 244,000 | $ 76,000 |
Platte County Wyoming | 1 | $ 137,000 | $ 137,000 | $ 75,000 |
Sublette County Wyoming | 1 | $ 113,000 | $ 113,000 | $ 69,000 |
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.
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 | 809 | $125,402,000 | $155,000 | $2,960,000 | $78,000 | $5,571,000 |
Refinancing | 475 | $92,383,000 | $194,000 | $4,200,000 | $93,000 | $2,446,000 |
Home Improvement | 65 | $6,581,000 | $101,000 | $1,250,000 | $76,000 | $1,000,000 |
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 | 1,046 | $166,685,000 | $159,000 | $1,750,000 | $90,000 | $5,571,000 |
Black or African American | 117 | $16,804,000 | $143,000 | $561,000 | $55,000 | $212,000 |
Asian | 86 | $13,302,000 | $154,000 | $1,100,000 | $79,000 | $971,000 |
Not Provided | 41 | $6,204,000 | $151,000 | $785,000 | $84,000 | $350,000 |
Hispanic | 32 | $4,369,000 | $136,000 | $377,000 | $50,000 | $210,000 |
Not applicable | 23 | $16,254,000 | $706,000 | $4,200,000 | $0 | $0 |
Native Hawaiian or Other Pacific Islander | 2 | $347,000 | $173,000 | $177,000 | $37,000 | $75,000 |
American Indian or Alaskan Native | 2 | $401,000 | $200,000 | $309,000 | $79,000 | $130,000 |
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) | 834 | $143,794,000 | $172,000 | $4,200,000 | $102,000 | $5,571,000 |
FHA-insured (Federal Housing Administration) | 345 | $53,923,000 | $156,000 | $392,000 | $54,000 | $460,000 |
VA-guaranteed (Veterans Administration) | 107 | $19,308,000 | $180,000 | $412,000 | $62,000 | $212,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 63 | $7,341,000 | $116,000 | $330,000 | $40,000 | $96,000 |
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 | 856 | $151,751,000 | $177,000 | $4,200,000 | $83,000 | $2,446,000 |
Application Denied By Financial Institution | 311 | $44,219,000 | $142,000 | $1,336,000 | $68,000 | $2,446,000 |
Application Withdrawn By Applicant | 131 | $21,038,000 | $160,000 | $417,000 | $115,000 | $5,571,000 |
File Closed For Incompleteness | 40 | $6,286,000 | $157,000 | $785,000 | $112,000 | $971,000 |
Application Approved But Not Accepted | 11 | $1,072,000 | $97,000 | $216,000 | $90,000 | $190,000 |
Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 104 | $12,377,000 | $119,000 | $300,000 | $52,000 | $212,000 |
Debt-To-Income Ratio | 84 | $12,585,000 | $149,000 | $495,000 | $43,000 | $168,000 |
Collateral | 48 | $7,245,000 | $150,000 | $417,000 | $137,000 | $2,446,000 |
Credit Application Incomplete | 20 | $4,193,000 | $209,000 | $1,336,000 | $92,000 | $360,000 |
Other | 20 | $2,136,000 | $106,000 | $388,000 | $57,000 | $120,000 |
Employment History | 17 | $2,236,000 | $131,000 | $281,000 | $54,000 | $210,000 |
Insufficient Cash (Downpayment, Closing Cost) | 9 | $2,036,000 | $226,000 | $920,000 | $129,000 | $569,000 |
Unverifiable Information | 9 | $1,411,000 | $156,000 | $371,000 | $51,000 | $92,000 |
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.