Riverwood Bank
Mortgage Loan Application
Totals and Details
for 2017

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 Riverwood 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 Riverwood Bank
14540 Dellwood Dr Po Box 2947
Baxter, MN 56425
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  
Total Number of Mortgage Applications 200
Total Mortgage Loan Application Amount $33,680,000
Average Mortgage Loan Application Amount $135,666
Highest Mortgage Loan Application Amount $999,000
Average Applicant Income $86,666
Highest Applicant Income $808,000

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.

Mortgage Loan Application Totals for Riverwood Bank by County in 2017

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Beltrami County Minnesota 53 $ 7,396,000 $ 139,000 $ 74,000
Wright County Minnesota 33 $ 6,398,000 $ 193,000 $ 85,000
Stevens County Minnesota 20 $ 2,930,000 $ 146,000 $ 92,000
Clearwater County Minnesota 18 $ 1,814,000 $ 100,000 $ 67,000
Crow Wing County Minnesota 18 $ 5,105,000 $ 283,000 $ 157,000
Sherburne County Minnesota 17 $ 3,435,000 $ 202,000 $ 104,000
Cass County Minnesota 5 $ 1,727,000 $ 345,000 $ 159,000
Lake of the Woods County Minnesota 4 $ 435,000 $ 108,000 $ 44,000
Swift County Minnesota 4 $ 364,000 $ 91,000 $ 56,000
Hubbard County Minnesota 3 $ 280,000 $ 93,000 $ 111,000
Big Stone County Minnesota 2 $ 229,000 $ 114,000 $ 48,000
Grant County Minnesota 2 $ 248,000 $ 124,000 $ 82,000
Hennepin County Minnesota 2 $ 387,000 $ 193,000 $ 65,000
Morrison County Minnesota 2 $ 364,000 $ 182,000 $ 307,000
Pipestone County Minnesota 2 $ 156,000 $ 78,000 $ 40,000
Stearns County Minnesota 2 $ 100,000 $ 50,000 $ 89,000
Sarasota County Florida 1 $ 180,000 $ 180,000 $ 148,000
Woodford County Illinois 1 $ 10,000 $ 10,000 $ 21,000
Anoka County Minnesota 1 $ 140,000 $ 140,000 $ 43,000
Becker County Minnesota 1 $ 232,000 $ 232,000 $ 69,000
Benton County Minnesota 1 $ 260,000 $ 260,000 $ 137,000
Douglas County Minnesota 1 $ 350,000 $ 350,000 $ 125,000
Kandiyohi County Minnesota 1 $ 81,000 $ 81,000 $ 27,000
Lincoln County Minnesota 1 $ 41,000 $ 41,000 $ 14,000
McLeod County Minnesota 1 $ 370,000 $ 370,000 $ 0
Otter Tail County Minnesota 1 $ 169,000 $ 169,000 $ 167,000
Pope County Minnesota 1 $ 215,000 $ 215,000 $ 55,000
Todd County Minnesota 1 $ 102,000 $ 102,000 $ 35,000
Washington County Minnesota 1 $ 162,000 $ 162,000 $ 52,000

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 Riverwood Bank in 2017

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 137 $24,145,000 $176,000 $920,000 $86,000 $808,000
Refinancing 51 $8,819,000 $172,000 $999,000 $108,000 $616,000
Home Improvement 12 $716,000 $59,000 $154,000 $66,000 $161,000

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 173 $27,584,000 $159,000 $999,000 $100,000 $808,000
Not applicable 13 $4,713,000 $362,000 $920,000 $0 $0
Not Provided 7 $750,000 $107,000 $165,000 $50,000 $81,000
American Indian or Alaskan Native 3 $104,000 $34,000 $64,000 $21,000 $28,000
Asian 2 $221,000 $110,000 $180,000 $81,000 $148,000
Black or African American 2 $308,000 $154,000 $272,000 $89,000 $94,000
Hispanic 0 $0 $0 $0 $0 $0
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) 171 $29,919,000 $174,000 $999,000 $97,000 $808,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 24 $3,074,000 $128,000 $222,000 $48,000 $84,000
VA-guaranteed (Veterans Administration) 3 $415,000 $138,000 $207,000 $67,000 $99,000
FHA-insured (Federal Housing Administration) 2 $272,000 $136,000 $170,000 $72,000 $86,000

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 143 $23,240,000 $162,000 $920,000 $88,000 $570,000
Application Withdrawn By Applicant 32 $6,358,000 $198,000 $999,000 $106,000 $808,000
Application Denied By Financial Institution 25 $4,082,000 $163,000 $525,000 $82,000 $488,000
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
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 8 $786,000 $98,000 $300,000 $106,000 $488,000
Debt-To-Income Ratio 6 $1,366,000 $227,000 $500,000 $44,000 $98,000
Collateral 4 $751,000 $187,000 $330,000 $126,000 $216,000
Other 3 $647,000 $215,000 $525,000 $66,000 $163,000
Unverifiable Information 1 $170,000 $170,000 $170,000 $86,000 $86,000
Credit Application Incomplete 1 $92,000 $92,000 $92,000 $14,000 $14,000
Employment History 1 $63,000 $63,000 $63,000 $41,000 $41,000
Mortgage Insurance Denied 1 $207,000 $207,000 $207,000 $89,000 $89,000
Insufficient Cash (Downpayment, Closing Cost) 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.

Download the Minnesota Lender List