Summit Mortgage Corporation
Mortgage Loan Application
Totals and Details
for 2022

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 Summit Mortgage Corporation.
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 Summit Mortgage Corporation
13355 10Th Ave N, Suite 100
Plymouth, MN 55441
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 3,483
Total Mortgage Loan Application Amount $1,016,675,000
Average Mortgage Loan Application Amount $301,333
Highest Mortgage Loan Application Amount $1,895,000
Average Applicant Income $123,000
Highest Applicant Income $4,889,000

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 Summit Mortgage Corporation by County in 2022

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 417 $ 125,375,000 $ 300,000 $ 128,000
Collier County Florida 171 $ 62,095,000 $ 363,000 $ 199,000
Bucks County Pennsylvania 154 $ 43,250,000 $ 280,000 $ 113,000
Lee County Florida 153 $ 48,865,000 $ 319,000 $ 218,000
Ramsey County Minnesota 143 $ 37,145,000 $ 259,000 $ 110,000
Wayne County Pennsylvania 140 $ 31,210,000 $ 222,000 $ 126,000
Dakota County Minnesota 138 $ 38,810,000 $ 281,000 $ 106,000
Anoka County Minnesota 108 $ 29,820,000 $ 276,000 $ 114,000
Pike County Pennsylvania 101 $ 22,845,000 $ 226,000 $ 113,000
Philadelphia County Pennsylvania 76 $ 13,600,000 $ 178,000 $ 67,000
Duval County Florida 69 $ 14,585,000 $ 211,000 $ 86,000
Washington County Minnesota 69 $ 23,005,000 $ 333,000 $ 117,000
Orange County Florida 68 $ 19,940,000 $ 293,000 $ 119,000
Denver County Colorado 67 $ 16,135,000 $ 240,000 $ 95,000
Susquehanna County Pennsylvania 64 $ 9,830,000 $ 153,000 $ 69,000
Scott County Minnesota 61 $ 21,005,000 $ 344,000 $ 128,000
Wright County Minnesota 58 $ 17,270,000 $ 297,000 $ 104,000
Osceola County Florida 43 $ 11,715,000 $ 272,000 $ 103,000
Polk County Florida 41 $ 9,875,000 $ 240,000 $ 84,000
Sherburne County Minnesota 40 $ 11,410,000 $ 285,000 $ 96,000
Spotsylvania County Virginia 40 $ 11,580,000 $ 289,000 $ 107,000
Adams County Colorado 39 $ 15,285,000 $ 391,000 $ 109,000
Clark County Washington 39 $ 17,165,000 $ 440,000 $ 192,000
Canyon County Idaho 35 $ 11,215,000 $ 320,000 $ 117,000
Arapahoe County Colorado 34 $ 9,870,000 $ 290,000 $ 67,000
Ada County Idaho 33 $ 15,945,000 $ 483,000 $ 194,000
McLeod County Minnesota 32 $ 6,600,000 $ 206,000 $ 67,000
Montgomery County Pennsylvania 29 $ 10,355,000 $ 357,000 $ 135,000
Carver County Minnesota 28 $ 10,160,000 $ 362,000 $ 165,000
St. Louis County Minnesota 27 $ 5,325,000 $ 197,000 $ 78,000
Los Angeles County California 24 $ 12,190,000 $ 507,000 $ 122,000
Lake County Florida 23 $ 7,305,000 $ 317,000 $ 120,000
Volusia County Florida 22 $ 6,890,000 $ 313,000 $ 98,000
Weld County Colorado 21 $ 6,315,000 $ 300,000 $ 102,000
Jefferson County Colorado 20 $ 7,990,000 $ 399,000 $ 130,000
Seminole County Florida 20 $ 6,370,000 $ 318,000 $ 95,000
Isanti County Minnesota 20 $ 5,050,000 $ 252,000 $ 75,000
Lackawanna County Pennsylvania 20 $ 3,540,000 $ 177,000 $ 87,000
Laramie County Wyoming 20 $ 5,900,000 $ 295,000 $ 105,000
Monroe County Pennsylvania 19 $ 4,945,000 $ 260,000 $ 151,000
Stafford County Virginia 19 $ 6,975,000 $ 367,000 $ 119,000
Riverside County California 18 $ 8,990,000 $ 499,000 $ 243,000
Rice County Minnesota 18 $ 3,710,000 $ 206,000 $ 74,000
Chisago County Minnesota 15 $ 4,245,000 $ 283,000 $ 90,000
San Diego County California 14 $ 6,710,000 $ 479,000 $ 127,000
Olmsted County Minnesota 14 $ 4,040,000 $ 288,000 $ 117,000
Clackamas County Oregon 13 $ 4,655,000 $ 358,000 $ 104,000
St. Croix County Wisconsin 13 $ 4,195,000 $ 322,000 $ 95,000
Northampton County Pennsylvania 12 $ 2,810,000 $ 234,000 $ 106,000
King George County Virginia 12 $ 3,690,000 $ 307,000 $ 105,000
Polk County Wisconsin 12 $ 2,690,000 $ 224,000 $ 95,000
Caroline County Virginia 11 $ 2,465,000 $ 224,000 $ 87,000
Sibley County Minnesota 10 $ 1,410,000 $ 141,000 $ 66,000
Stearns County Minnesota 10 $ 2,050,000 $ 205,000 $ 92,000
Marion County Oregon 10 $ 3,500,000 $ 350,000 $ 127,000
Orange County Virginia 10 $ 3,290,000 $ 329,000 $ 119,000
San Bernardino County California 9 $ 3,485,000 $ 387,000 $ 185,000
Douglas County Colorado 9 $ 4,475,000 $ 497,000 $ 167,000
El Paso County Colorado 9 $ 4,165,000 $ 462,000 $ 117,000
Brevard County Florida 9 $ 3,055,000 $ 339,000 $ 120,000
Palm Beach County Florida 9 $ 1,685,000 $ 187,000 $ 80,000
Polk County Oregon 9 $ 3,135,000 $ 348,000 $ 79,000
Fredericksburg County Virginia 9 $ 2,185,000 $ 242,000 $ 93,000
Meeker County Minnesota 8 $ 2,010,000 $ 251,000 $ 76,000
Mercer County New Jersey 8 $ 2,150,000 $ 268,000 $ 75,000
Delaware County Pennsylvania 8 $ 1,700,000 $ 212,000 $ 76,000
Hillsborough County Florida 7 $ 2,775,000 $ 396,000 $ 105,000
Pinellas County Florida 7 $ 1,685,000 $ 240,000 $ 141,000
Carlton County Minnesota 7 $ 1,525,000 $ 217,000 $ 117,000
Mille Lacs County Minnesota 7 $ 1,155,000 $ 165,000 $ 77,000
Washington County Oregon 7 $ 3,335,000 $ 476,000 $ 141,000
Grant County South Dakota 7 $ 715,000 $ 102,000 $ 66,000
Westmoreland County Virginia 7 $ 1,455,000 $ 207,000 $ 78,000
Benton County Washington 7 $ 2,435,000 $ 347,000 $ 91,000
Douglas County Wisconsin 7 $ 1,205,000 $ 172,000 $ 71,000
Broward County Florida 6 $ 1,200,000 $ 200,000 $ 73,000
Clay County Florida 6 $ 1,750,000 $ 291,000 $ 109,000
Marion County Florida 6 $ 1,290,000 $ 215,000 $ 71,000
Camden County New Jersey 6 $ 1,880,000 $ 313,000 $ 104,000
Multnomah County Oregon 6 $ 3,180,000 $ 530,000 $ 172,000
Wyoming County Pennsylvania 6 $ 1,160,000 $ 193,000 $ 87,000
Milwaukee County Wisconsin 6 $ 1,070,000 $ 178,000 $ 55,000
Elmore County Idaho 5 $ 1,535,000 $ 307,000 $ 88,000
Aitkin County Minnesota 5 $ 1,185,000 $ 237,000 $ 137,000
Itasca County Minnesota 5 $ 1,405,000 $ 281,000 $ 103,000
Pine County Minnesota 5 $ 1,735,000 $ 347,000 $ 135,000
Burlington County New Jersey 5 $ 1,515,000 $ 303,000 $ 115,000
Gloucester County New Jersey 5 $ 1,575,000 $ 315,000 $ 83,000
Codington County South Dakota 5 $ 775,000 $ 155,000 $ 98,000
Washburn County Wisconsin 5 $ 1,515,000 $ 303,000 $ 129,000
Orange County California 4 $ 2,720,000 $ 680,000 $ 158,000
Charlotte County Florida 4 $ 1,290,000 $ 322,000 $ 147,000
Sarasota County Florida 4 $ 1,770,000 $ 442,000 $ 238,000
Benton County Minnesota 4 $ 550,000 $ 137,000 $ 97,000
Cass County Minnesota 4 $ 1,140,000 $ 285,000 $ 221,000
Freeborn County Minnesota 4 $ 480,000 $ 120,000 $ 86,000
Goodhue County Minnesota 4 $ 1,430,000 $ 357,000 $ 187,000
Lake County Minnesota 4 $ 760,000 $ 190,000 $ 116,000
Mower County Minnesota 4 $ 270,000 $ 67,000 $ 45,000
Steele County Minnesota 4 $ 670,000 $ 167,000 $ 60,000
Lycoming County Pennsylvania 4 $ 420,000 $ 105,000 $ 57,000
Montgomery County Texas 4 $ 2,120,000 $ 530,000 $ 183,000
Franklin County Washington 4 $ 1,160,000 $ 290,000 $ 55,000
Eau Claire County Wisconsin 4 $ 1,460,000 $ 365,000 $ 133,000
Winnebago County Wisconsin 4 $ 1,980,000 $ 495,000 $ 257,000
Boulder County Colorado 3 $ 1,315,000 $ 438,000 $ 133,000
Escambia County Florida 3 $ 375,000 $ 125,000 $ 64,000
Indian River County Florida 3 $ 835,000 $ 278,000 $ 72,000
Manatee County Florida 3 $ 1,385,000 $ 461,000 $ 221,000
Bonneville County Idaho 3 $ 485,000 $ 161,000 $ 79,000
Gem County Idaho 3 $ 725,000 $ 241,000 $ 124,000
Owyhee County Idaho 3 $ 1,745,000 $ 581,000 $ 110,000
Big Stone County Minnesota 3 $ 405,000 $ 135,000 $ 86,000
Clay County Minnesota 3 $ 505,000 $ 168,000 $ 102,000
Crow Wing County Minnesota 3 $ 1,245,000 $ 415,000 $ 443,000
Kanabec County Minnesota 3 $ 675,000 $ 225,000 $ 90,000
Morrison County Minnesota 3 $ 515,000 $ 171,000 $ 71,000
Swift County Minnesota 3 $ 375,000 $ 125,000 $ 44,000
Ocean County New Jersey 3 $ 1,605,000 $ 535,000 $ 294,000
Bradford County Pennsylvania 3 $ 675,000 $ 225,000 $ 78,000
Schuylkill County Pennsylvania 3 $ 255,000 $ 85,000 $ 55,000
Cowlitz County Washington 3 $ 1,205,000 $ 401,000 $ 85,000
Burnett County Wisconsin 3 $ 615,000 $ 205,000 $ 145,000
Sawyer County Wisconsin 3 $ 965,000 $ 321,000 $ 110,000
Monterey County California 2 $ 1,440,000 $ 720,000 $ 411,000
Larimer County Colorado 2 $ 1,050,000 $ 525,000 $ 177,000
Logan County Colorado 2 $ 290,000 $ 145,000 $ 94,000
Mesa County Colorado 2 $ 610,000 $ 305,000 $ 52,000
Morgan County Colorado 2 $ 470,000 $ 235,000 $ 52,000
Otero County Colorado 2 $ 320,000 $ 160,000 $ 75,000
Routt County Colorado 2 $ 1,070,000 $ 535,000 $ 433,000
Citrus County Florida 2 $ 510,000 $ 255,000 $ 71,000
Putnam County Florida 2 $ 510,000 $ 255,000 $ 63,000
Santa Rosa County Florida 2 $ 1,210,000 $ 605,000 $ 183,000
Blue Earth County Minnesota 2 $ 160,000 $ 80,000 $ 52,000
Chippewa County Minnesota 2 $ 140,000 $ 70,000 $ 62,000
Dodge County Minnesota 2 $ 620,000 $ 310,000 $ 115,000
Le Sueur County Minnesota 2 $ 340,000 $ 170,000 $ 46,000
Lyon County Minnesota 2 $ 200,000 $ 100,000 $ 76,000
Renville County Minnesota 2 $ 420,000 $ 210,000 $ 127,000
Wabasha County Minnesota 2 $ 450,000 $ 225,000 $ 36,000
Winona County Minnesota 2 $ 600,000 $ 300,000 $ 74,000
Middlesex County New Jersey 2 $ 570,000 $ 285,000 $ 129,000
Cass County North Dakota 2 $ 700,000 $ 350,000 $ 143,000
Grand Forks County North Dakota 2 $ 470,000 $ 235,000 $ 58,000
Baker County Oregon 2 $ 990,000 $ 495,000 $ 94,000
Deschutes County Oregon 2 $ 1,390,000 $ 695,000 $ 175,000
Lincoln County Oregon 2 $ 1,050,000 $ 525,000 $ 343,000
Berks County Pennsylvania 2 $ 380,000 $ 190,000 $ 230,000
Carbon County Pennsylvania 2 $ 310,000 $ 155,000 $ 56,000
Columbia County Pennsylvania 2 $ 470,000 $ 235,000 $ 80,000
Westmoreland County Pennsylvania 2 $ 260,000 $ 130,000 $ 273,000
York County Pennsylvania 2 $ 350,000 $ 175,000 $ 70,000
Harris County Texas 2 $ 620,000 $ 310,000 $ 81,000
Fairfax County Virginia 2 $ 530,000 $ 265,000 $ 76,000
Hanover County Virginia 2 $ 660,000 $ 330,000 $ 60,000
Louisa County Virginia 2 $ 270,000 $ 135,000 $ 100,000
Richmond City County Virginia 2 $ 460,000 $ 230,000 $ 122,000
King County Washington 2 $ 1,230,000 $ 615,000 $ 131,000
Skamania County Washington 2 $ 440,000 $ 220,000 $ 105,000
Barron County Wisconsin 2 $ 400,000 $ 200,000 $ 92,000
Dodge County Wisconsin 2 $ 320,000 $ 160,000 $ 66,000
Kenosha County Wisconsin 2 $ 330,000 $ 165,000 $ 49,000
Pierce County Wisconsin 2 $ 420,000 $ 210,000 $ 89,000
Maricopa County Arizona 1 $ 605,000 $ 605,000 $ 163,000
Santa Barbara County California 1 $ 605,000 $ 605,000 $ 118,000
Santa Clara County California 1 $ 895,000 $ 895,000 $ 178,000
Santa Cruz County California 1 $ 715,000 $ 715,000 $ 148,000
Sonoma County California 1 $ 995,000 $ 995,000 $ 289,000
Broomfield County Colorado 1 $ 965,000 $ 965,000 $ 252,000
Clear Creek County Colorado 1 $ 535,000 $ 535,000 $ 540,000
Elbert County Colorado 1 $ 155,000 $ 155,000 $ 145,000
Grand County Colorado 1 $ 385,000 $ 385,000 $ 230,000
Park County Colorado 1 $ 305,000 $ 305,000 $ 180,000
Teller County Colorado 1 $ 355,000 $ 355,000 $ 131,000
Bay County Florida 1 $ 485,000 $ 485,000 $ 132,000
Flagler County Florida 1 $ 165,000 $ 165,000 $ 77,000
Glades County Florida 1 $ 215,000 $ 215,000 $ 111,000
Hendry County Florida 1 $ 215,000 $ 215,000 $ 45,000
Okaloosa County Florida 1 $ 605,000 $ 605,000 $ 275,000
Pasco County Florida 1 $ 425,000 $ 425,000 $ 128,000
St. Johns County Florida 1 $ 625,000 $ 625,000 $ 316,000
St. Lucie County Florida 1 $ 295,000 $ 295,000 $ 78,000
Boise County Idaho 1 $ 205,000 $ 205,000 $ 52,000
Jerome County Idaho 1 $ 245,000 $ 245,000 $ 71,000
Payette County Idaho 1 $ 225,000 $ 225,000 $ 123,000
Becker County Minnesota 1 $ 185,000 $ 185,000 $ 361,000
Beltrami County Minnesota 1 $ 185,000 $ 185,000 $ 109,000
Brown County Minnesota 1 $ 135,000 $ 135,000 $ 68,000
Faribault County Minnesota 1 $ 205,000 $ 205,000 $ 100,000
Fillmore County Minnesota 1 $ 275,000 $ 275,000 $ 82,000
Houston County Minnesota 1 $ 355,000 $ 355,000 $ 67,000
Kandiyohi County Minnesota 1 $ 125,000 $ 125,000 $ 25,000
Koochiching County Minnesota 1 $ 185,000 $ 185,000 $ 209,000
Lac qui Parle County Minnesota 1 $ 95,000 $ 95,000 $ 47,000
Nicollet County Minnesota 1 $ 155,000 $ 155,000 $ 100,000
Nobles County Minnesota 1 $ 315,000 $ 315,000 $ 61,000
Polk County Minnesota 1 $ 145,000 $ 145,000 $ 48,000
Stevens County Minnesota 1 $ 195,000 $ 195,000 $ 90,000
Watonwan County Minnesota 1 $ 125,000 $ 125,000 $ 62,000
Madison County Montana 1 $ 505,000 $ 505,000 $ 145,000
Atlantic County New Jersey 1 $ 185,000 $ 185,000 $ 89,000
Bergen County New Jersey 1 $ 325,000 $ 325,000 $ 214,000
Cape May County New Jersey 1 $ 165,000 $ 165,000 $ 48,000
Cumberland County New Jersey 1 $ 335,000 $ 335,000 $ 227,000
Essex County New Jersey 1 $ 395,000 $ 395,000 $ 177,000
Hudson County New Jersey 1 $ 315,000 $ 315,000 $ 119,000
Monmouth County New Jersey 1 $ 605,000 $ 605,000 $ 249,000
Salem County New Jersey 1 $ 265,000 $ 265,000 $ 109,000
Sussex County New Jersey 1 $ 85,000 $ 85,000 $ 206,000
Coos County Oregon 1 $ 365,000 $ 365,000 $ 64,000
Wasco County Oregon 1 $ 305,000 $ 305,000 $ 71,000
Yamhill County Oregon 1 $ 405,000 $ 405,000 $ 105,000
Clinton County Pennsylvania 1 $ 105,000 $ 105,000 $ 159,000
Cumberland County Pennsylvania 1 $ 645,000 $ 645,000 $ 187,000
Lehigh County Pennsylvania 1 $ 195,000 $ 195,000 $ 70,000
Luzerne County Pennsylvania 1 $ 275,000 $ 275,000 $ 99,000
Montour County Pennsylvania 1 $ 315,000 $ 315,000 $ 90,000
Snyder County Pennsylvania 1 $ 235,000 $ 235,000 $ 75,000
Brookings County South Dakota 1 $ 195,000 $ 195,000 $ 368,000
Roberts County South Dakota 1 $ 275,000 $ 275,000 $ 70,000
Dallas County Texas 1 $ 315,000 $ 315,000 $ 74,000
McLennan County Texas 1 $ 385,000 $ 385,000 $ 125,000
San Patricio County Texas 1 $ 185,000 $ 185,000 $ 61,000
Tarrant County Texas 1 $ 445,000 $ 445,000 $ 148,000
Travis County Texas 1 $ 435,000 $ 435,000 $ 305,000
Chesterfield County Virginia 1 $ 145,000 $ 145,000 $ 170,000
Fauquier County Virginia 1 $ 345,000 $ 345,000 $ 121,000
Fluvanna County Virginia 1 $ 335,000 $ 335,000 $ 86,000
Henrico County Virginia 1 $ 345,000 $ 345,000 $ 105,000
Newport News County Virginia 1 $ 125,000 $ 125,000 $ 168,000
Prince Edward County Virginia 1 $ 275,000 $ 275,000 $ 53,000
Richmond County Virginia 1 $ 165,000 $ 165,000 $ 66,000
Shenandoah County Virginia 1 $ 255,000 $ 255,000 $ 165,000
Virginia Beach County Virginia 1 $ 215,000 $ 215,000 $ 140,000
Lewis County Washington 1 $ 325,000 $ 325,000 $ 17,000
Pierce County Washington 1 $ 645,000 $ 645,000 $ 309,000
Walla Walla County Washington 1 $ 285,000 $ 285,000 $ 61,000
Whitman County Washington 1 $ 385,000 $ 385,000 $ 83,000
Yakima County Washington 1 $ 435,000 $ 435,000 $ 61,000
Adams County Wisconsin 1 $ 155,000 $ 155,000 $ 104,000
Bayfield County Wisconsin 1 $ 315,000 $ 315,000 $ 220,000
Chippewa County Wisconsin 1 $ 335,000 $ 335,000 $ 77,000
Dane County Wisconsin 1 $ 405,000 $ 405,000 $ 110,000
Dunn County Wisconsin 1 $ 305,000 $ 305,000 $ 159,000
Jefferson County Wisconsin 1 $ 285,000 $ 285,000 $ 96,000
La Crosse County Wisconsin 1 $ 815,000 $ 815,000 $ 333,000
Ozaukee County Wisconsin 1 $ 265,000 $ 265,000 $ 125,000
Pepin County Wisconsin 1 $ 215,000 $ 215,000 $ 35,000
Sheboygan County Wisconsin 1 $ 225,000 $ 225,000 $ 103,000
Waukesha County Wisconsin 1 $ 245,000 $ 245,000 $ 102,000
Albany County Wyoming 1 $ 255,000 $ 255,000 $ 125,000

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 Summit Mortgage Corporation in 2022

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 2,909 $843,645,000 $290,000 $1,895,000 $122,000 $2,597,000
Cash-out Refinancing 399 $116,415,000 $291,000 $1,105,000 $127,000 $4,889,000
Refinancing 175 $56,615,000 $323,000 $1,225,000 $120,000 $854,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 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 2,481 $735,595,000 $296,000 $1,895,000 $128,000 $4,889,000
Hispanic 356 $96,950,000 $272,000 $1,025,000 $98,000 $2,597,000
Not Provided 283 $84,525,000 $298,000 $1,105,000 $120,000 $1,310,000
Black or African American 225 $56,715,000 $252,000 $955,000 $84,000 $333,000
Asian 116 $36,760,000 $316,000 $955,000 $140,000 $1,082,000
American Indian or Alaskan Native 12 $2,400,000 $200,000 $485,000 $113,000 $361,000
Native Hawaiian or Other Pacific Islander 1 $355,000 $355,000 $355,000 $111,000 $111,000
Not applicable 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) 2,702 $785,340,000 $290,000 $1,895,000 $132,000 $4,889,000
FHA-insured (Federal Housing Administration) 543 $153,005,000 $281,000 $655,000 $82,000 $245,000
VA-guaranteed (Veterans Administration) 166 $63,310,000 $381,000 $1,105,000 $113,000 $742,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 72 $15,020,000 $208,000 $575,000 $67,000 $116,000

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 2,465 $711,605,000 $288,000 $1,895,000 $125,000 $4,889,000
Application Withdrawn By Applicant 655 $202,985,000 $309,000 $1,245,000 $128,000 $1,082,000
Application Denied By Financial Institution 181 $45,935,000 $253,000 $1,025,000 $81,000 $708,000
File Closed For Incompleteness 127 $38,575,000 $303,000 $1,105,000 $99,000 $529,000
Preapproval Approved but not Accepted 28 $9,650,000 $344,000 $545,000 $96,000 $226,000
Application Approved But Not Accepted 27 $7,925,000 $293,000 $495,000 $130,000 $354,000
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0
Loan Purchased By The 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 3,302 $970,740,000 $293,000 $1,895,000 $124,000 $4,889,000
Debt-To-Income Ratio 77 $21,045,000 $273,000 $845,000 $68,000 $283,000
Credit History 42 $9,640,000 $229,000 $535,000 $80,000 $283,000
Collateral 27 $6,525,000 $241,000 $1,025,000 $117,000 $708,000
Other 16 $4,200,000 $262,000 $1,025,000 $79,000 $183,000
Insufficient Cash (Downpayment, Closing Cost) 8 $1,650,000 $206,000 $395,000 $107,000 $143,000
Employment History 6 $1,430,000 $238,000 $355,000 $63,000 $116,000
Unverifiable Information 5 $1,445,000 $289,000 $405,000 $68,000 $104,000
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.

Download the Minnesota Lender List