Think Mutual Bank
Mortgage Loan Application
Totals and Details
for 2009
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 Think Mutual 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 | Think Mutual Bank 5200 Members Parkway Nw Rochester, MN 55901 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2010 2009 2008 2007 |
| Total Number of Mortgage Applications | 3,984 |
| Total Mortgage Loan Application Amount | $565,493,000 |
| Average Mortgage Loan Application Amount | $108,666 |
| Highest Mortgage Loan Application Amount | $1,300,000 |
| Average Applicant Income | $97,000 |
| Highest Applicant Income | $627,000 |
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 |
|---|---|---|---|---|
| Olmsted County Minnesota | 1,615 | $ 209,065,000 | $ 129,000 | $ 96,000 |
| Hennepin County Minnesota | 262 | $ 44,765,000 | $ 170,000 | $ 115,000 |
| Cook County Illinois | 143 | $ 25,506,000 | $ 178,000 | $ 120,000 |
| Dodge County Minnesota | 135 | $ 15,470,000 | $ 114,000 | $ 85,000 |
| Dakota County Minnesota | 130 | $ 20,029,000 | $ 154,000 | $ 124,000 |
| Wabasha County Minnesota | 102 | $ 12,835,000 | $ 125,000 | $ 89,000 |
| Goodhue County Minnesota | 84 | $ 9,644,000 | $ 114,000 | $ 80,000 |
| Ramsey County Minnesota | 69 | $ 10,757,000 | $ 155,000 | $ 114,000 |
| Washington County Minnesota | 63 | $ 10,985,000 | $ 174,000 | $ 124,000 |
| Fillmore County Minnesota | 59 | $ 6,599,000 | $ 111,000 | $ 71,000 |
| DuPage County Illinois | 46 | $ 8,276,000 | $ 179,000 | $ 120,000 |
| Johnson County Kansas | 43 | $ 6,376,000 | $ 148,000 | $ 102,000 |
| Scott County Minnesota | 43 | $ 6,913,000 | $ 160,000 | $ 125,000 |
| Maricopa County Arizona | 36 | $ 4,673,000 | $ 129,000 | $ 80,000 |
| Anoka County Minnesota | 35 | $ 5,167,000 | $ 147,000 | $ 95,000 |
| Milwaukee County Wisconsin | 35 | $ 4,474,000 | $ 127,000 | $ 97,000 |
| Mower County Minnesota | 33 | $ 3,236,000 | $ 98,000 | $ 81,000 |
| St. Louis County Missouri | 31 | $ 4,384,000 | $ 141,000 | $ 94,000 |
| Winona County Minnesota | 30 | $ 3,504,000 | $ 116,000 | $ 75,000 |
| Will County Illinois | 28 | $ 4,771,000 | $ 170,000 | $ 108,000 |
| Jackson County Missouri | 28 | $ 3,538,000 | $ 126,000 | $ 117,000 |
| Lake County Illinois | 23 | $ 4,496,000 | $ 195,000 | $ 159,000 |
| Kane County Illinois | 22 | $ 3,728,000 | $ 169,000 | $ 92,000 |
| St. Charles County Missouri | 21 | $ 2,945,000 | $ 140,000 | $ 93,000 |
| Wright County Minnesota | 18 | $ 2,837,000 | $ 157,000 | $ 100,000 |
| McHenry County Illinois | 17 | $ 2,743,000 | $ 161,000 | $ 100,000 |
| St. Croix County Wisconsin | 17 | $ 3,610,000 | $ 212,000 | $ 124,000 |
| Carver County Minnesota | 16 | $ 3,573,000 | $ 223,000 | $ 116,000 |
| St. Louis County Minnesota | 14 | $ 1,723,000 | $ 123,000 | $ 83,000 |
| Waukesha County Wisconsin | 14 | $ 2,175,000 | $ 155,000 | $ 161,000 |
| Rice County Minnesota | 13 | $ 2,135,000 | $ 164,000 | $ 82,000 |
| Polk County Iowa | 11 | $ 1,554,000 | $ 141,000 | $ 114,000 |
| Clay County Missouri | 11 | $ 1,444,000 | $ 131,000 | $ 122,000 |
| Ozaukee County Wisconsin | 11 | $ 1,521,000 | $ 138,000 | $ 97,000 |
| Sherburne County Minnesota | 10 | $ 1,499,000 | $ 149,000 | $ 126,000 |
| Dane County Wisconsin | 10 | $ 1,717,000 | $ 171,000 | $ 90,000 |
| Blue Earth County Minnesota | 9 | $ 1,142,000 | $ 126,000 | $ 89,000 |
| Cass County Minnesota | 9 | $ 1,422,000 | $ 158,000 | $ 122,000 |
| Chisago County Minnesota | 9 | $ 1,083,000 | $ 120,000 | $ 125,000 |
| Crow Wing County Minnesota | 9 | $ 2,058,000 | $ 228,000 | $ 174,000 |
| Eau Claire County Wisconsin | 9 | $ 1,010,000 | $ 112,000 | $ 80,000 |
| Douglas County Minnesota | 8 | $ 1,898,000 | $ 237,000 | $ 131,000 |
| Pinal County Arizona | 7 | $ 1,318,000 | $ 188,000 | $ 115,000 |
| Kendall County Illinois | 7 | $ 1,158,000 | $ 165,000 | $ 84,000 |
| Stearns County Minnesota | 7 | $ 1,012,000 | $ 144,000 | $ 94,000 |
| Douglas County Nebraska | 7 | $ 1,174,000 | $ 167,000 | $ 132,000 |
| Lee County Florida | 6 | $ 885,000 | $ 147,000 | $ 139,000 |
| Cerro Gordo County Iowa | 6 | $ 650,000 | $ 108,000 | $ 137,000 |
| Le Sueur County Minnesota | 6 | $ 1,090,000 | $ 181,000 | $ 118,000 |
| Steele County Minnesota | 6 | $ 689,000 | $ 114,000 | $ 131,000 |
| Hillsborough County Florida | 5 | $ 485,000 | $ 97,000 | $ 95,000 |
| Buchanan County Missouri | 5 | $ 593,000 | $ 118,000 | $ 112,000 |
| La Crosse County Wisconsin | 5 | $ 605,000 | $ 121,000 | $ 92,000 |
| McLean County Illinois | 4 | $ 591,000 | $ 147,000 | $ 104,000 |
| LaPorte County Indiana | 4 | $ 557,000 | $ 139,000 | $ 109,000 |
| Linn County Iowa | 4 | $ 785,000 | $ 196,000 | $ 188,000 |
| Houston County Minnesota | 4 | $ 479,000 | $ 119,000 | $ 78,000 |
| Martin County Minnesota | 4 | $ 410,000 | $ 102,000 | $ 119,000 |
| Otter Tail County Minnesota | 4 | $ 688,000 | $ 172,000 | $ 112,000 |
| Barron County Wisconsin | 4 | $ 602,000 | $ 150,000 | $ 120,000 |
| Chippewa County Wisconsin | 4 | $ 356,000 | $ 89,000 | $ 40,000 |
| Jefferson County Wisconsin | 4 | $ 560,000 | $ 140,000 | $ 103,000 |
| Pierce County Wisconsin | 4 | $ 791,000 | $ 197,000 | $ 143,000 |
| Sawyer County Wisconsin | 4 | $ 458,000 | $ 114,000 | $ 128,000 |
| Washburn County Wisconsin | 4 | $ 876,000 | $ 219,000 | $ 155,000 |
| Washington County Wisconsin | 4 | $ 517,000 | $ 129,000 | $ 79,000 |
| Douglas County Illinois | 3 | $ 672,000 | $ 224,000 | $ 128,000 |
| St. Clair County Illinois | 3 | $ 236,000 | $ 78,000 | $ 60,000 |
| Winnebago County Illinois | 3 | $ 239,000 | $ 79,000 | $ 110,000 |
| St. Joseph County Indiana | 3 | $ 225,000 | $ 75,000 | $ 85,000 |
| Scott County Iowa | 3 | $ 264,000 | $ 88,000 | $ 112,000 |
| Story County Iowa | 3 | $ 117,000 | $ 39,000 | $ 72,000 |
| Douglas County Kansas | 3 | $ 419,000 | $ 139,000 | $ 60,000 |
| Aitkin County Minnesota | 3 | $ 629,000 | $ 209,000 | $ 119,000 |
| Becker County Minnesota | 3 | $ 244,000 | $ 81,000 | $ 219,000 |
| Cook County Minnesota | 3 | $ 496,000 | $ 165,000 | $ 84,000 |
| Itasca County Minnesota | 3 | $ 573,000 | $ 191,000 | $ 136,000 |
| Kandiyohi County Minnesota | 3 | $ 433,000 | $ 144,000 | $ 117,000 |
| Camden County Missouri | 3 | $ 365,000 | $ 121,000 | $ 130,000 |
| Franklin County Missouri | 3 | $ 390,000 | $ 130,000 | $ 203,000 |
| Lincoln County Missouri | 3 | $ 326,000 | $ 108,000 | $ 116,000 |
| Platte County Missouri | 3 | $ 378,000 | $ 126,000 | $ 95,000 |
| Ray County Missouri | 3 | $ 340,000 | $ 113,000 | $ 66,000 |
| Lancaster County Nebraska | 3 | $ 145,000 | $ 48,000 | $ 76,000 |
| Pennington County South Dakota | 3 | $ 507,000 | $ 169,000 | $ 82,000 |
| Jackson County Wisconsin | 3 | $ 239,000 | $ 79,000 | $ 78,000 |
| Kenosha County Wisconsin | 3 | $ 323,000 | $ 107,000 | $ 118,000 |
| Polk County Wisconsin | 3 | $ 494,000 | $ 164,000 | $ 64,000 |
| Walworth County Wisconsin | 3 | $ 385,000 | $ 128,000 | $ 137,000 |
| Palm Beach County Florida | 2 | $ 228,000 | $ 114,000 | $ 91,000 |
| Sarasota County Florida | 2 | $ 373,000 | $ 186,000 | $ 61,000 |
| Champaign County Illinois | 2 | $ 295,000 | $ 147,000 | $ 79,000 |
| Madison County Illinois | 2 | $ 169,000 | $ 84,000 | $ 67,000 |
| Monroe County Illinois | 2 | $ 208,000 | $ 104,000 | $ 94,000 |
| Lake County Indiana | 2 | $ 188,000 | $ 94,000 | $ 34,000 |
| Marion County Indiana | 2 | $ 209,000 | $ 104,000 | $ 54,000 |
| Black Hawk County Iowa | 2 | $ 130,000 | $ 65,000 | $ 64,000 |
| Dallas County Iowa | 2 | $ 130,000 | $ 65,000 | $ 99,000 |
| Howard County Iowa | 2 | $ 147,000 | $ 73,000 | $ 52,000 |
| Johnson County Iowa | 2 | $ 369,000 | $ 184,000 | $ 70,000 |
| Mitchell County Iowa | 2 | $ 247,000 | $ 123,000 | $ 87,000 |
| Butler County Kansas | 2 | $ 80,000 | $ 40,000 | $ 97,000 |
| Sedgwick County Kansas | 2 | $ 145,000 | $ 72,000 | $ 83,000 |
| Shawnee County Kansas | 2 | $ 363,000 | $ 181,000 | $ 130,000 |
| Freeborn County Minnesota | 2 | $ 170,000 | $ 85,000 | $ 117,000 |
| Hubbard County Minnesota | 2 | $ 384,000 | $ 192,000 | $ 74,000 |
| Lyon County Minnesota | 2 | $ 426,000 | $ 213,000 | $ 89,000 |
| McLeod County Minnesota | 2 | $ 192,000 | $ 96,000 | $ 42,000 |
| Nicollet County Minnesota | 2 | $ 228,000 | $ 114,000 | $ 204,000 |
| Wadena County Minnesota | 2 | $ 76,000 | $ 38,000 | $ 82,000 |
| Waseca County Minnesota | 2 | $ 382,000 | $ 191,000 | $ 137,000 |
| Cass County Missouri | 2 | $ 390,000 | $ 195,000 | $ 88,000 |
| Greene County Missouri | 2 | $ 148,000 | $ 74,000 | $ 52,000 |
| Harrison County Missouri | 2 | $ 392,000 | $ 196,000 | $ 115,000 |
| Jasper County Missouri | 2 | $ 213,000 | $ 106,000 | $ 70,000 |
| Jefferson County Missouri | 2 | $ 198,000 | $ 99,000 | $ 69,000 |
| St. Louis City County Missouri | 2 | $ 309,000 | $ 154,000 | $ 60,000 |
| Sarpy County Nebraska | 2 | $ 215,000 | $ 107,000 | $ 131,000 |
| Cass County North Dakota | 2 | $ 263,000 | $ 131,000 | $ 139,000 |
| Lincoln County South Dakota | 2 | $ 220,000 | $ 110,000 | $ 91,000 |
| Minnehaha County South Dakota | 2 | $ 263,000 | $ 131,000 | $ 55,000 |
| Burnett County Wisconsin | 2 | $ 167,000 | $ 83,000 | $ 144,000 |
| Dodge County Wisconsin | 2 | $ 150,000 | $ 75,000 | $ 74,000 |
| Green County Wisconsin | 2 | $ 226,000 | $ 113,000 | $ 111,000 |
| Oneida County Wisconsin | 2 | $ 439,000 | $ 219,000 | $ 144,000 |
| Vernon County Wisconsin | 2 | $ 162,000 | $ 81,000 | $ 73,000 |
| Gila County Arizona | 1 | $ 95,000 | $ 95,000 | $ 26,000 |
| Mohave County Arizona | 1 | $ 129,000 | $ 129,000 | $ 37,000 |
| Pima County Arizona | 1 | $ 6,000 | $ 6,000 | $ 110,000 |
| Alachua County Florida | 1 | $ 186,000 | $ 186,000 | $ 121,000 |
| Brevard County Florida | 1 | $ 26,000 | $ 26,000 | $ 89,000 |
| Charlotte County Florida | 1 | $ 220,000 | $ 220,000 | $ 29,000 |
| Duval County Florida | 1 | $ 75,000 | $ 75,000 | $ 174,000 |
| Hernando County Florida | 1 | $ 101,000 | $ 101,000 | $ 56,000 |
| Highlands County Florida | 1 | $ 12,000 | $ 12,000 | $ 88,000 |
| Indian River County Florida | 1 | $ 40,000 | $ 40,000 | $ 31,000 |
| Marion County Florida | 1 | $ 31,000 | $ 31,000 | $ 29,000 |
| Miami-Dade County Florida | 1 | $ 280,000 | $ 280,000 | $ 154,000 |
| Nassau County Florida | 1 | $ 145,000 | $ 145,000 | $ 59,000 |
| Orange County Florida | 1 | $ 288,000 | $ 288,000 | $ 104,000 |
| Sumter County Florida | 1 | $ 250,000 | $ 250,000 | $ 106,000 |
| Volusia County Florida | 1 | $ 130,000 | $ 130,000 | $ 92,000 |
| Wakulla County Florida | 1 | $ 175,000 | $ 175,000 | $ 53,000 |
| Boone County Illinois | 1 | $ 176,000 | $ 176,000 | $ 61,000 |
| Clinton County Illinois | 1 | $ 215,000 | $ 215,000 | $ 88,000 |
| Lee County Illinois | 1 | $ 36,000 | $ 36,000 | $ 99,000 |
| Peoria County Illinois | 1 | $ 77,000 | $ 77,000 | $ 149,000 |
| Rock Island County Illinois | 1 | $ 47,000 | $ 47,000 | $ 114,000 |
| Saline County Illinois | 1 | $ 71,000 | $ 71,000 | $ 160,000 |
| Stephenson County Illinois | 1 | $ 150,000 | $ 150,000 | $ 123,000 |
| Tazewell County Illinois | 1 | $ 28,000 | $ 28,000 | $ 110,000 |
| Union County Illinois | 1 | $ 96,000 | $ 96,000 | $ 73,000 |
| Allen County Indiana | 1 | $ 93,000 | $ 93,000 | $ 63,000 |
| Monroe County Indiana | 1 | $ 200,000 | $ 200,000 | $ 148,000 |
| Porter County Indiana | 1 | $ 190,000 | $ 190,000 | $ 89,000 |
| Allamakee County Iowa | 1 | $ 120,000 | $ 120,000 | $ 54,000 |
| Buchanan County Iowa | 1 | $ 85,000 | $ 85,000 | $ 47,000 |
| Clayton County Iowa | 1 | $ 200,000 | $ 200,000 | $ 109,000 |
| Emmet County Iowa | 1 | $ 95,000 | $ 95,000 | $ 89,000 |
| Ida County Iowa | 1 | $ 34,000 | $ 34,000 | $ 51,000 |
| Jasper County Iowa | 1 | $ 71,000 | $ 71,000 | $ 57,000 |
| Mahaska County Iowa | 1 | $ 58,000 | $ 58,000 | $ 75,000 |
| Webster County Iowa | 1 | $ 84,000 | $ 84,000 | $ 45,000 |
| Wright County Iowa | 1 | $ 58,000 | $ 58,000 | $ 108,000 |
| Ford County Kansas | 1 | $ 30,000 | $ 30,000 | $ 196,000 |
| Leavenworth County Kansas | 1 | $ 220,000 | $ 220,000 | $ 126,000 |
| Wyandotte County Kansas | 1 | $ 115,000 | $ 115,000 | $ 121,000 |
| Benton County Minnesota | 1 | $ 157,000 | $ 157,000 | $ 67,000 |
| Clay County Minnesota | 1 | $ 95,000 | $ 95,000 | $ 29,000 |
| Grant County Minnesota | 1 | $ 125,000 | $ 125,000 | $ 69,000 |
| Isanti County Minnesota | 1 | $ 159,000 | $ 159,000 | $ 50,000 |
| Lake County Minnesota | 1 | $ 417,000 | $ 417,000 | $ 448,000 |
| Pine County Minnesota | 1 | $ 26,000 | $ 26,000 | $ 40,000 |
| Pipestone County Minnesota | 1 | $ 199,000 | $ 199,000 | $ 114,000 |
| Pope County Minnesota | 1 | $ 140,000 | $ 140,000 | $ 181,000 |
| Renville County Minnesota | 1 | $ 255,000 | $ 255,000 | $ 77,000 |
| Sibley County Minnesota | 1 | $ 147,000 | $ 147,000 | $ 55,000 |
| Adair County Missouri | 1 | $ 160,000 | $ 160,000 | $ 53,000 |
| Morgan County Missouri | 1 | $ 140,000 | $ 140,000 | $ 65,000 |
| Pettis County Missouri | 1 | $ 37,000 | $ 37,000 | $ 59,000 |
| St. Francois County Missouri | 1 | $ 36,000 | $ 36,000 | $ 117,000 |
| Stone County Missouri | 1 | $ 383,000 | $ 383,000 | $ 241,000 |
| Taney County Missouri | 1 | $ 189,000 | $ 189,000 | $ 56,000 |
| Stillwater County Montana | 1 | $ 176,000 | $ 176,000 | $ 91,000 |
| Pembina County North Dakota | 1 | $ 99,000 | $ 99,000 | $ 143,000 |
| Union County South Dakota | 1 | $ 116,000 | $ 116,000 | $ 71,000 |
| Adams County Wisconsin | 1 | $ 225,000 | $ 225,000 | $ 145,000 |
| Bayfield County Wisconsin | 1 | $ 160,000 | $ 160,000 | $ 80,000 |
| Brown County Wisconsin | 1 | $ 123,000 | $ 123,000 | $ 123,000 |
| Buffalo County Wisconsin | 1 | $ 22,000 | $ 22,000 | $ 63,000 |
| Calumet County Wisconsin | 1 | $ 124,000 | $ 124,000 | $ 67,000 |
| Door County Wisconsin | 1 | $ 304,000 | $ 304,000 | $ 303,000 |
| Dunn County Wisconsin | 1 | $ 136,000 | $ 136,000 | $ 108,000 |
| Fond du Lac County Wisconsin | 1 | $ 134,000 | $ 134,000 | $ 40,000 |
| Green Lake County Wisconsin | 1 | $ 75,000 | $ 75,000 | $ 106,000 |
| Iowa County Wisconsin | 1 | $ 47,000 | $ 47,000 | $ 143,000 |
| Marathon County Wisconsin | 1 | $ 108,000 | $ 108,000 | $ 60,000 |
| Oconto County Wisconsin | 1 | $ 15,000 | $ 15,000 | $ 29,000 |
| Outagamie County Wisconsin | 1 | $ 178,000 | $ 178,000 | $ 103,000 |
| Pepin County Wisconsin | 1 | $ 113,000 | $ 113,000 | $ 77,000 |
| Portage County Wisconsin | 1 | $ 191,000 | $ 191,000 | $ 122,000 |
| Racine County Wisconsin | 1 | $ 205,000 | $ 205,000 | $ 73,000 |
| Richland County Wisconsin | 1 | $ 205,000 | $ 205,000 | $ 109,000 |
| Shawano County Wisconsin | 1 | $ 193,000 | $ 193,000 | $ 131,000 |
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 Think Mutual Bank in 2009
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 | 2,819 | $414,294,000 | $146,000 | $1,300,000 | $103,000 | $541,000 |
| Home Purchase | 1,018 | $145,674,000 | $143,000 | $921,000 | $88,000 | $627,000 |
| Home Improvement | 147 | $5,525,000 | $37,000 | $224,000 | $100,000 | $300,000 |
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 | 3,217 | $447,221,000 | $139,000 | $1,300,000 | $98,000 | $576,000 |
| Not Provided | 562 | $84,967,000 | $151,000 | $713,000 | $104,000 | $480,000 |
| Asian | 107 | $19,400,000 | $181,000 | $629,000 | $112,000 | $627,000 |
| Black or African American | 45 | $6,175,000 | $137,000 | $341,000 | $100,000 | $457,000 |
| Hispanic | 42 | $6,542,000 | $155,000 | $345,000 | $91,000 | $194,000 |
| Not applicable | 6 | $674,000 | $112,000 | $201,000 | $0 | $0 |
| American Indian or Alaskan Native | 5 | $514,000 | $102,000 | $196,000 | $63,000 | $129,000 |
| 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) | 3,984 | $565,493,000 | $141,000 | $1,300,000 | $99,000 | $627,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 2,598 | $348,248,000 | $134,000 | $713,000 | $103,000 | $627,000 |
| Application Approved But Not Accepted | 591 | $97,722,000 | $165,000 | $708,000 | $100,000 | $481,000 |
| Application Denied By Financial Institution | 256 | $30,467,000 | $119,000 | $1,300,000 | $86,000 | $526,000 |
| Application Withdrawn By Applicant | 246 | $39,030,000 | $158,000 | $417,000 | $93,000 | $491,000 |
| File Closed For Incompleteness | 174 | $27,280,000 | $156,000 | $520,000 | $81,000 | $316,000 |
| Preapproval Approved but not Accepted | 104 | $21,096,000 | $202,000 | $921,000 | $91,000 | $411,000 |
| Preapproval Denied by Financial Institution | 15 | $1,650,000 | $110,000 | $325,000 | $43,000 | $106,000 |
| 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 |
|---|---|---|---|---|---|---|
| Collateral | 106 | $12,139,000 | $114,000 | $1,300,000 | $103,000 | $526,000 |
| Credit History | 89 | $8,338,000 | $93,000 | $417,000 | $77,000 | $375,000 |
| Debt-To-Income Ratio | 53 | $8,675,000 | $163,000 | $1,000,000 | $56,000 | $213,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 9 | $1,140,000 | $126,000 | $201,000 | $41,000 | $80,000 |
| Other | 7 | $580,000 | $82,000 | $250,000 | $110,000 | $184,000 |
| Credit Application Incomplete | 3 | $277,000 | $92,000 | $100,000 | $32,000 | $41,000 |
| Employment History | 2 | $488,000 | $244,000 | $408,000 | $212,000 | $380,000 |
| Mortgage Insurance Denied | 2 | $480,000 | $240,000 | $240,000 | $104,000 | $125,000 |
| Unverifiable Information | 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.