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 | 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 |
Total Number of Mortgage Applications | 2,021 |
Total Mortgage Loan Application Amount | $336,805,000 |
Average Mortgage Loan Application Amount | $153,250 |
Highest Mortgage Loan Application Amount | $17,505,000 |
Average Applicant Income | $121,000 |
Highest Applicant Income | $2,000,000 |
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 | 840 | $ 144,760,000 | $ 172,000 | $ 126,000 |
Hennepin County Minnesota | 148 | $ 22,240,000 | $ 150,000 | $ 156,000 |
Dakota County Minnesota | 133 | $ 15,525,000 | $ 116,000 | $ 137,000 |
Dodge County Minnesota | 59 | $ 7,945,000 | $ 134,000 | $ 104,000 |
Goodhue County Minnesota | 59 | $ 8,275,000 | $ 140,000 | $ 122,000 |
Ramsey County Minnesota | 53 | $ 24,755,000 | $ 467,000 | $ 132,000 |
Cook County Illinois | 35 | $ 4,525,000 | $ 129,000 | $ 129,000 |
Wabasha County Minnesota | 34 | $ 4,240,000 | $ 124,000 | $ 104,000 |
Washington County Minnesota | 33 | $ 4,975,000 | $ 150,000 | $ 169,000 |
Winona County Minnesota | 27 | $ 3,835,000 | $ 142,000 | $ 113,000 |
Anoka County Minnesota | 26 | $ 3,310,000 | $ 127,000 | $ 137,000 |
Mower County Minnesota | 24 | $ 2,930,000 | $ 122,000 | $ 104,000 |
Fillmore County Minnesota | 22 | $ 1,950,000 | $ 88,000 | $ 76,000 |
Scott County Minnesota | 14 | $ 1,950,000 | $ 139,000 | $ 119,000 |
Maricopa County Arizona | 12 | $ 2,030,000 | $ 169,000 | $ 136,000 |
Carver County Minnesota | 12 | $ 1,620,000 | $ 135,000 | $ 156,000 |
St. Croix County Wisconsin | 11 | $ 1,705,000 | $ 155,000 | $ 155,000 |
Johnson County Kansas | 10 | $ 1,360,000 | $ 136,000 | $ 165,000 |
Steele County Minnesota | 10 | $ 1,180,000 | $ 118,000 | $ 75,000 |
DuPage County Illinois | 9 | $ 735,000 | $ 81,000 | $ 94,000 |
Jackson County Missouri | 9 | $ 845,000 | $ 93,000 | $ 89,000 |
Crow Wing County Minnesota | 6 | $ 2,050,000 | $ 341,000 | $ 350,000 |
Rice County Minnesota | 5 | $ 615,000 | $ 123,000 | $ 162,000 |
St. Louis County Minnesota | 5 | $ 365,000 | $ 73,000 | $ 68,000 |
Wright County Minnesota | 5 | $ 665,000 | $ 133,000 | $ 171,000 |
St. Louis County Missouri | 5 | $ 295,000 | $ 59,000 | $ 203,000 |
Kane County Illinois | 4 | $ 330,000 | $ 82,000 | $ 157,000 |
Will County Illinois | 4 | $ 260,000 | $ 65,000 | $ 180,000 |
Camden County Missouri | 4 | $ 640,000 | $ 160,000 | $ 111,000 |
Blue Earth County Minnesota | 3 | $ 935,000 | $ 311,000 | $ 86,000 |
Chisago County Minnesota | 3 | $ 455,000 | $ 151,000 | $ 131,000 |
Douglas County Minnesota | 3 | $ 545,000 | $ 181,000 | $ 98,000 |
Sherburne County Minnesota | 3 | $ 545,000 | $ 181,000 | $ 135,000 |
St. Charles County Missouri | 3 | $ 165,000 | $ 55,000 | $ 119,000 |
Dane County Wisconsin | 3 | $ 865,000 | $ 288,000 | $ 115,000 |
Polk County Wisconsin | 3 | $ 455,000 | $ 151,000 | $ 272,000 |
Waukesha County Wisconsin | 3 | $ 375,000 | $ 125,000 | $ 96,000 |
Pinal County Arizona | 2 | $ 300,000 | $ 150,000 | $ 77,000 |
Lee County Florida | 2 | $ 310,000 | $ 155,000 | $ 112,000 |
Kendall County Illinois | 2 | $ 380,000 | $ 190,000 | $ 242,000 |
Lake County Illinois | 2 | $ 290,000 | $ 145,000 | $ 214,000 |
Lake County Indiana | 2 | $ 170,000 | $ 85,000 | $ 72,000 |
Shelby County Iowa | 2 | $ 390,000 | $ 195,000 | $ 118,000 |
Sedgwick County Kansas | 2 | $ 450,000 | $ 225,000 | $ 189,000 |
Cass County Minnesota | 2 | $ 260,000 | $ 130,000 | $ 217,000 |
Freeborn County Minnesota | 2 | $ 420,000 | $ 210,000 | $ 114,000 |
Itasca County Minnesota | 2 | $ 520,000 | $ 260,000 | $ 177,000 |
Martin County Minnesota | 2 | $ 250,000 | $ 125,000 | $ 100,000 |
Pine County Minnesota | 2 | $ 390,000 | $ 195,000 | $ 109,000 |
Cass County Missouri | 2 | $ 180,000 | $ 90,000 | $ 133,000 |
Greene County Missouri | 2 | $ 110,000 | $ 55,000 | $ 130,000 |
Cass County North Dakota | 2 | $ 260,000 | $ 130,000 | $ 192,000 |
Burnett County Wisconsin | 2 | $ 190,000 | $ 95,000 | $ 192,000 |
La Crosse County Wisconsin | 2 | $ 310,000 | $ 155,000 | $ 125,000 |
Marathon County Wisconsin | 2 | $ 80,000 | $ 40,000 | $ 30,000 |
Pierce County Wisconsin | 2 | $ 740,000 | $ 370,000 | $ 151,000 |
Sawyer County Wisconsin | 2 | $ 350,000 | $ 175,000 | $ 213,000 |
Washburn County Wisconsin | 2 | $ 320,000 | $ 160,000 | $ 161,000 |
Washington County Wisconsin | 2 | $ 50,000 | $ 25,000 | $ 46,000 |
Pima County Arizona | 1 | $ 15,000 | $ 15,000 | $ 111,000 |
Yavapai County Arizona | 1 | $ 55,000 | $ 55,000 | $ 60,000 |
Charlotte County Florida | 1 | $ 195,000 | $ 195,000 | $ 41,000 |
Collier County Florida | 1 | $ 465,000 | $ 465,000 | $ 23,000 |
Duval County Florida | 1 | $ 65,000 | $ 65,000 | $ 63,000 |
Hillsborough County Florida | 1 | $ 25,000 | $ 25,000 | $ 84,000 |
Manatee County Florida | 1 | $ 45,000 | $ 45,000 | $ 98,000 |
Miami-Dade County Florida | 1 | $ 1,005,000 | $ 1,005,000 | $ 264,000 |
Monroe County Florida | 1 | $ 365,000 | $ 365,000 | $ 145,000 |
Pinellas County Florida | 1 | $ 55,000 | $ 55,000 | $ 212,000 |
Sarasota County Florida | 1 | $ 155,000 | $ 155,000 | $ 115,000 |
St. Lucie County Florida | 1 | $ 155,000 | $ 155,000 | $ 52,000 |
Douglas County Illinois | 1 | $ 155,000 | $ 155,000 | $ 114,000 |
Jackson County Illinois | 1 | $ 65,000 | $ 65,000 | $ 145,000 |
LaSalle County Illinois | 1 | $ 135,000 | $ 135,000 | $ 50,000 |
Madison County Illinois | 1 | $ 175,000 | $ 175,000 | $ 237,000 |
Ogle County Illinois | 1 | $ 105,000 | $ 105,000 | $ 98,000 |
Sangamon County Illinois | 1 | $ 35,000 | $ 35,000 | $ 200,000 |
Porter County Indiana | 1 | $ 25,000 | $ 25,000 | $ 87,000 |
Cherokee County Iowa | 1 | $ 135,000 | $ 135,000 | $ 34,000 |
Polk County Iowa | 1 | $ 85,000 | $ 85,000 | $ 31,000 |
Story County Iowa | 1 | $ 125,000 | $ 125,000 | $ 182,000 |
Wyandotte County Kansas | 1 | $ 25,000 | $ 25,000 | $ 47,000 |
Aitkin County Minnesota | 1 | $ 105,000 | $ 105,000 | $ 187,000 |
Becker County Minnesota | 1 | $ 225,000 | $ 225,000 | $ 60,000 |
Beltrami County Minnesota | 1 | $ 365,000 | $ 365,000 | $ 163,000 |
Houston County Minnesota | 1 | $ 175,000 | $ 175,000 | $ 79,000 |
Hubbard County Minnesota | 1 | $ 35,000 | $ 35,000 | $ 109,000 |
Koochiching County Minnesota | 1 | $ 35,000 | $ 35,000 | $ 40,000 |
Le Sueur County Minnesota | 1 | $ 165,000 | $ 165,000 | $ 52,000 |
Lyon County Minnesota | 1 | $ 55,000 | $ 55,000 | $ 128,000 |
McLeod County Minnesota | 1 | $ 125,000 | $ 125,000 | $ 110,000 |
Morrison County Minnesota | 1 | $ 35,000 | $ 35,000 | $ 107,000 |
Pope County Minnesota | 1 | $ 505,000 | $ 505,000 | $ 273,000 |
Renville County Minnesota | 1 | $ 105,000 | $ 105,000 | $ 56,000 |
Roseau County Minnesota | 1 | $ 105,000 | $ 105,000 | $ 73,000 |
Stearns County Minnesota | 1 | $ 185,000 | $ 185,000 | $ 41,000 |
Todd County Minnesota | 1 | $ 285,000 | $ 285,000 | $ 71,000 |
Watonwan County Minnesota | 1 | $ 45,000 | $ 45,000 | $ 50,000 |
Clay County Missouri | 1 | $ 115,000 | $ 115,000 | $ 91,000 |
Clinton County Missouri | 1 | $ 15,000 | $ 15,000 | $ 71,000 |
Jasper County Missouri | 1 | $ 95,000 | $ 95,000 | $ 203,000 |
Jefferson County Missouri | 1 | $ 45,000 | $ 45,000 | $ 99,000 |
Johnson County Missouri | 1 | $ 135,000 | $ 135,000 | $ 125,000 |
Lafayette County Missouri | 1 | $ 75,000 | $ 75,000 | $ 41,000 |
Platte County Missouri | 1 | $ 35,000 | $ 35,000 | $ 195,000 |
Saline County Missouri | 1 | $ 95,000 | $ 95,000 | $ 75,000 |
Douglas County Nebraska | 1 | $ 75,000 | $ 75,000 | $ 229,000 |
Minnehaha County South Dakota | 1 | $ 35,000 | $ 35,000 | $ 115,000 |
Union County South Dakota | 1 | $ 55,000 | $ 55,000 | $ 174,000 |
Ashland County Wisconsin | 1 | $ 35,000 | $ 35,000 | $ 219,000 |
Brown County Wisconsin | 1 | $ 35,000 | $ 35,000 | $ 71,000 |
Buffalo County Wisconsin | 1 | $ 525,000 | $ 525,000 | $ 211,000 |
Door County Wisconsin | 1 | $ 95,000 | $ 95,000 | $ 57,000 |
Dunn County Wisconsin | 1 | $ 65,000 | $ 65,000 | $ 62,000 |
Eau Claire County Wisconsin | 1 | $ 25,000 | $ 25,000 | $ 36,000 |
Iron County Wisconsin | 1 | $ 145,000 | $ 145,000 | $ 38,000 |
Jefferson County Wisconsin | 1 | $ 245,000 | $ 245,000 | $ 111,000 |
Milwaukee County Wisconsin | 1 | $ 205,000 | $ 205,000 | $ 595,000 |
Monroe County Wisconsin | 1 | $ 65,000 | $ 65,000 | $ 16,000 |
Oneida County Wisconsin | 1 | $ 175,000 | $ 175,000 | $ 145,000 |
Ozaukee County Wisconsin | 1 | $ 25,000 | $ 25,000 | $ 162,000 |
Pepin County Wisconsin | 1 | $ 55,000 | $ 55,000 | $ 30,000 |
Portage County Wisconsin | 1 | $ 65,000 | $ 65,000 | $ 162,000 |
Racine County Wisconsin | 1 | $ 265,000 | $ 265,000 | $ 120,000 |
Rusk County Wisconsin | 1 | $ 335,000 | $ 335,000 | $ 558,000 |
Winnebago County Wisconsin | 1 | $ 115,000 | $ 115,000 | $ 49,000 |
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 | 853 | $224,425,000 | $263,000 | $17,505,000 | $116,000 | $2,000,000 |
Refinancing | 626 | $64,500,000 | $103,000 | $855,000 | $118,000 | $710,000 |
Home Improvement | 405 | $21,015,000 | $51,000 | $225,000 | $140,000 | $1,051,000 |
Cash-out Refinancing | 137 | $26,865,000 | $196,000 | $1,005,000 | $110,000 | $675,000 |
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 | 1,497 | $249,315,000 | $166,000 | $1,645,000 | $122,000 | $2,000,000 |
Not Provided | 292 | $32,340,000 | $110,000 | $1,525,000 | $129,000 | $944,000 |
Not applicable | 73 | $23,345,000 | $319,000 | $17,505,000 | $105,000 | $350,000 |
Asian | 71 | $14,205,000 | $200,000 | $935,000 | $105,000 | $930,000 |
Black or African American | 42 | $7,850,000 | $186,000 | $385,000 | $93,000 | $595,000 |
Hispanic | 37 | $7,155,000 | $193,000 | $845,000 | $105,000 | $900,000 |
American Indian or Alaskan Native | 6 | $1,470,000 | $245,000 | $545,000 | $130,000 | $227,000 |
Native Hawaiian or Other Pacific Islander | 1 | $425,000 | $425,000 | $425,000 | $135,000 | $135,000 |
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) | 2,021 | $336,805,000 | $166,000 | $17,505,000 | $121,000 | $2,000,000 |
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 | 1,356 | $231,340,000 | $170,000 | $17,505,000 | $132,000 | $1,051,000 |
Preapproval Denied by Financial Institution | 250 | $45,600,000 | $182,000 | $1,005,000 | $65,000 | $2,000,000 |
Application Denied By Financial Institution | 177 | $16,125,000 | $91,000 | $655,000 | $90,000 | $425,000 |
Application Approved But Not Accepted | 170 | $26,570,000 | $156,000 | $955,000 | $134,000 | $1,051,000 |
Application Withdrawn By Applicant | 32 | $5,790,000 | $180,000 | $485,000 | $110,000 | $660,000 |
Preapproval Approved but not Accepted | 24 | $8,430,000 | $351,000 | $1,645,000 | $191,000 | $944,000 |
File Closed For Incompleteness | 12 | $2,950,000 | $245,000 | $695,000 | $173,000 | $675,000 |
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 |
---|---|---|---|---|---|---|
Not applicable | 1,594 | $275,080,000 | $172,000 | $17,505,000 | $133,000 | $1,051,000 |
Credit History | 174 | $21,740,000 | $124,000 | $545,000 | $71,000 | $360,000 |
Debt-To-Income Ratio | 167 | $29,935,000 | $179,000 | $1,005,000 | $67,000 | $2,000,000 |
Insufficient Cash (Downpayment, Closing Cost) | 25 | $2,075,000 | $83,000 | $285,000 | $85,000 | $210,000 |
Other | 23 | $2,315,000 | $100,000 | $425,000 | $113,000 | $218,000 |
Collateral | 17 | $2,195,000 | $129,000 | $615,000 | $131,000 | $450,000 |
Employment History | 14 | $2,390,000 | $170,000 | $455,000 | $74,000 | $350,000 |
Unverifiable Information | 6 | $1,030,000 | $171,000 | $335,000 | $100,000 | $256,000 |
Credit Application Incomplete | 1 | $45,000 | $45,000 | $45,000 | $115,000 | $115,000 |
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.