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 | 2,804 |
Total Mortgage Loan Application Amount | $579,500,000 |
Average Mortgage Loan Application Amount | $184,250 |
Highest Mortgage Loan Application Amount | $1,805,000 |
Average Applicant Income | $133,500 |
Highest Applicant Income | $2,520,000 |
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 | 1,026 | $ 220,330,000 | $ 214,000 | $ 141,000 |
Hennepin County Minnesota | 205 | $ 46,165,000 | $ 225,000 | $ 174,000 |
Dakota County Minnesota | 149 | $ 27,185,000 | $ 182,000 | $ 142,000 |
Dodge County Minnesota | 95 | $ 12,005,000 | $ 126,000 | $ 97,000 |
Goodhue County Minnesota | 56 | $ 8,600,000 | $ 153,000 | $ 97,000 |
Ramsey County Minnesota | 54 | $ 9,220,000 | $ 170,000 | $ 126,000 |
Wabasha County Minnesota | 54 | $ 9,030,000 | $ 167,000 | $ 116,000 |
Washington County Minnesota | 44 | $ 8,380,000 | $ 190,000 | $ 158,000 |
Anoka County Minnesota | 29 | $ 5,355,000 | $ 184,000 | $ 136,000 |
Mower County Minnesota | 29 | $ 3,385,000 | $ 116,000 | $ 92,000 |
Fillmore County Minnesota | 27 | $ 3,125,000 | $ 115,000 | $ 76,000 |
Winona County Minnesota | 20 | $ 3,250,000 | $ 162,000 | $ 103,000 |
Cook County Illinois | 19 | $ 3,315,000 | $ 174,000 | $ 135,000 |
Scott County Minnesota | 19 | $ 4,065,000 | $ 213,000 | $ 151,000 |
Maricopa County Arizona | 13 | $ 2,155,000 | $ 165,000 | $ 130,000 |
Johnson County Kansas | 12 | $ 1,590,000 | $ 132,000 | $ 127,000 |
St. Louis County Missouri | 11 | $ 2,605,000 | $ 236,000 | $ 139,000 |
Will County Illinois | 10 | $ 1,820,000 | $ 182,000 | $ 138,000 |
Carver County Minnesota | 9 | $ 3,695,000 | $ 410,000 | $ 259,000 |
Crow Wing County Minnesota | 9 | $ 3,375,000 | $ 375,000 | $ 177,000 |
Wright County Minnesota | 9 | $ 1,605,000 | $ 178,000 | $ 95,000 |
Jackson County Missouri | 9 | $ 1,505,000 | $ 167,000 | $ 151,000 |
Rice County Minnesota | 8 | $ 740,000 | $ 92,000 | $ 111,000 |
Sherburne County Minnesota | 8 | $ 1,550,000 | $ 193,000 | $ 95,000 |
St. Charles County Missouri | 8 | $ 1,820,000 | $ 227,000 | $ 115,000 |
St. Croix County Wisconsin | 8 | $ 1,270,000 | $ 158,000 | $ 121,000 |
Steele County Minnesota | 7 | $ 1,195,000 | $ 170,000 | $ 95,000 |
Douglas County Nebraska | 7 | $ 1,175,000 | $ 167,000 | $ 111,000 |
Milwaukee County Wisconsin | 7 | $ 865,000 | $ 123,000 | $ 99,000 |
DuPage County Illinois | 6 | $ 810,000 | $ 135,000 | $ 179,000 |
Chisago County Minnesota | 6 | $ 520,000 | $ 86,000 | $ 113,000 |
Pima County Arizona | 5 | $ 485,000 | $ 97,000 | $ 137,000 |
Pinal County Arizona | 4 | $ 630,000 | $ 157,000 | $ 73,000 |
Sumter County Florida | 4 | $ 810,000 | $ 202,000 | $ 120,000 |
Aitkin County Minnesota | 4 | $ 450,000 | $ 112,000 | $ 169,000 |
Blue Earth County Minnesota | 4 | $ 920,000 | $ 230,000 | $ 117,000 |
Lyon County Minnesota | 4 | $ 160,000 | $ 40,000 | $ 120,000 |
Collier County Florida | 3 | $ 865,000 | $ 288,000 | $ 139,000 |
Champaign County Illinois | 3 | $ 335,000 | $ 111,000 | $ 82,000 |
Lake County Illinois | 3 | $ 965,000 | $ 321,000 | $ 186,000 |
Polk County Iowa | 3 | $ 515,000 | $ 171,000 | $ 135,000 |
Itasca County Minnesota | 3 | $ 555,000 | $ 185,000 | $ 164,000 |
St. Louis County Minnesota | 3 | $ 485,000 | $ 161,000 | $ 128,000 |
Stearns County Minnesota | 3 | $ 985,000 | $ 328,000 | $ 236,000 |
Brown County Wisconsin | 3 | $ 275,000 | $ 91,000 | $ 136,000 |
Douglas County Wisconsin | 3 | $ 1,575,000 | $ 525,000 | $ 617,000 |
Eau Claire County Wisconsin | 3 | $ 645,000 | $ 215,000 | $ 120,000 |
Polk County Wisconsin | 3 | $ 665,000 | $ 221,000 | $ 112,000 |
Waukesha County Wisconsin | 3 | $ 445,000 | $ 148,000 | $ 174,000 |
Coconino County Arizona | 2 | $ 260,000 | $ 130,000 | $ 107,000 |
Hillsborough County Florida | 2 | $ 960,000 | $ 480,000 | $ 215,000 |
Lee County Florida | 2 | $ 390,000 | $ 195,000 | $ 144,000 |
Miami-Dade County Florida | 2 | $ 1,100,000 | $ 550,000 | $ 170,000 |
Orange County Florida | 2 | $ 370,000 | $ 185,000 | $ 85,000 |
Pasco County Florida | 2 | $ 250,000 | $ 125,000 | $ 136,000 |
Kane County Illinois | 2 | $ 760,000 | $ 380,000 | $ 218,000 |
McHenry County Illinois | 2 | $ 200,000 | $ 100,000 | $ 119,000 |
Leavenworth County Kansas | 2 | $ 260,000 | $ 130,000 | $ 170,000 |
Douglas County Minnesota | 2 | $ 340,000 | $ 170,000 | $ 136,000 |
Freeborn County Minnesota | 2 | $ 180,000 | $ 90,000 | $ 132,000 |
Hubbard County Minnesota | 2 | $ 210,000 | $ 105,000 | $ 189,000 |
Le Sueur County Minnesota | 2 | $ 310,000 | $ 155,000 | $ 223,000 |
Martin County Minnesota | 2 | $ 60,000 | $ 30,000 | $ 17,000 |
Nobles County Minnesota | 2 | $ 350,000 | $ 175,000 | $ 46,000 |
Todd County Minnesota | 2 | $ 470,000 | $ 235,000 | $ 169,000 |
Cass County Missouri | 2 | $ 50,000 | $ 25,000 | $ 80,000 |
St. Louis City County Missouri | 2 | $ 230,000 | $ 115,000 | $ 100,000 |
Warren County Missouri | 2 | $ 880,000 | $ 440,000 | $ 164,000 |
Sarpy County Nebraska | 2 | $ 340,000 | $ 170,000 | $ 162,000 |
Minnehaha County South Dakota | 2 | $ 420,000 | $ 210,000 | $ 415,000 |
Barron County Wisconsin | 2 | $ 530,000 | $ 265,000 | $ 186,000 |
Grant County Wisconsin | 2 | $ 240,000 | $ 120,000 | $ 659,000 |
La Crosse County Wisconsin | 2 | $ 300,000 | $ 150,000 | $ 121,000 |
Outagamie County Wisconsin | 2 | $ 320,000 | $ 160,000 | $ 47,000 |
Sauk County Wisconsin | 2 | $ 300,000 | $ 150,000 | $ 104,000 |
Sawyer County Wisconsin | 2 | $ 500,000 | $ 250,000 | $ 434,000 |
Waupaca County Wisconsin | 2 | $ 260,000 | $ 130,000 | $ 118,000 |
La Paz County Arizona | 1 | $ 65,000 | $ 65,000 | $ 65,000 |
Mohave County Arizona | 1 | $ 115,000 | $ 115,000 | $ 73,000 |
Brevard County Florida | 1 | $ 165,000 | $ 165,000 | $ 283,000 |
Flagler County Florida | 1 | $ 205,000 | $ 205,000 | $ 70,000 |
Marion County Florida | 1 | $ 85,000 | $ 85,000 | $ 56,000 |
Palm Beach County Florida | 1 | $ 145,000 | $ 145,000 | $ 36,000 |
Volusia County Florida | 1 | $ 105,000 | $ 105,000 | $ 40,000 |
Carroll County Illinois | 1 | $ 105,000 | $ 105,000 | $ 37,000 |
Kendall County Illinois | 1 | $ 285,000 | $ 285,000 | $ 186,000 |
Rock Island County Illinois | 1 | $ 25,000 | $ 25,000 | $ 66,000 |
Hamilton County Indiana | 1 | $ 225,000 | $ 225,000 | $ 88,000 |
Lake County Indiana | 1 | $ 95,000 | $ 95,000 | $ 70,000 |
Monroe County Indiana | 1 | $ 95,000 | $ 95,000 | $ 32,000 |
Benton County Iowa | 1 | $ 145,000 | $ 145,000 | $ 94,000 |
Black Hawk County Iowa | 1 | $ 465,000 | $ 465,000 | $ 276,000 |
Cerro Gordo County Iowa | 1 | $ 55,000 | $ 55,000 | $ 44,000 |
Clayton County Iowa | 1 | $ 75,000 | $ 75,000 | $ 72,000 |
Dickinson County Iowa | 1 | $ 525,000 | $ 525,000 | $ 227,000 |
Dubuque County Iowa | 1 | $ 135,000 | $ 135,000 | $ 51,000 |
Howard County Iowa | 1 | $ 205,000 | $ 205,000 | $ 137,000 |
Johnson County Iowa | 1 | $ 905,000 | $ 905,000 | $ 338,000 |
Marshall County Iowa | 1 | $ 115,000 | $ 115,000 | $ 42,000 |
Story County Iowa | 1 | $ 425,000 | $ 425,000 | $ 188,000 |
Winneshiek County Iowa | 1 | $ 195,000 | $ 195,000 | $ 168,000 |
Douglas County Kansas | 1 | $ 85,000 | $ 85,000 | $ 163,000 |
Pawnee County Kansas | 1 | $ 65,000 | $ 65,000 | $ 81,000 |
Shawnee County Kansas | 1 | $ 35,000 | $ 35,000 | $ 61,000 |
Wyandotte County Kansas | 1 | $ 175,000 | $ 175,000 | $ 95,000 |
Becker County Minnesota | 1 | $ 45,000 | $ 45,000 | $ 78,000 |
Brown County Minnesota | 1 | $ 205,000 | $ 205,000 | $ 160,000 |
Carlton County Minnesota | 1 | $ 105,000 | $ 105,000 | $ 36,000 |
Cass County Minnesota | 1 | $ 265,000 | $ 265,000 | $ 75,000 |
Clay County Minnesota | 1 | $ 145,000 | $ 145,000 | $ 78,000 |
Cook County Minnesota | 1 | $ 45,000 | $ 45,000 | $ 330,000 |
Faribault County Minnesota | 1 | $ 75,000 | $ 75,000 | $ 39,000 |
Isanti County Minnesota | 1 | $ 165,000 | $ 165,000 | $ 56,000 |
Koochiching County Minnesota | 1 | $ 255,000 | $ 255,000 | $ 177,000 |
Lac qui Parle County Minnesota | 1 | $ 245,000 | $ 245,000 | $ 182,000 |
Lake County Minnesota | 1 | $ 205,000 | $ 205,000 | $ 257,000 |
Otter Tail County Minnesota | 1 | $ 145,000 | $ 145,000 | $ 63,000 |
Pine County Minnesota | 1 | $ 85,000 | $ 85,000 | $ 58,000 |
Waseca County Minnesota | 1 | $ 155,000 | $ 155,000 | $ 29,000 |
Barry County Missouri | 1 | $ 45,000 | $ 45,000 | $ 43,000 |
Christian County Missouri | 1 | $ 95,000 | $ 95,000 | $ 242,000 |
Clay County Missouri | 1 | $ 115,000 | $ 115,000 | $ 86,000 |
Harrison County Missouri | 1 | $ 55,000 | $ 55,000 | $ 70,000 |
Hickory County Missouri | 1 | $ 105,000 | $ 105,000 | $ 163,000 |
Johnson County Missouri | 1 | $ 265,000 | $ 265,000 | $ 0 |
Lafayette County Missouri | 1 | $ 95,000 | $ 95,000 | $ 183,000 |
Miller County Missouri | 1 | $ 155,000 | $ 155,000 | $ 161,000 |
Schuyler County Missouri | 1 | $ 125,000 | $ 125,000 | $ 166,000 |
Stone County Missouri | 1 | $ 205,000 | $ 205,000 | $ 101,000 |
Lincoln County South Dakota | 1 | $ 605,000 | $ 605,000 | $ 725,000 |
Pennington County South Dakota | 1 | $ 95,000 | $ 95,000 | $ 98,000 |
Buffalo County Wisconsin | 1 | $ 595,000 | $ 595,000 | $ 288,000 |
Burnett County Wisconsin | 1 | $ 35,000 | $ 35,000 | $ 323,000 |
Door County Wisconsin | 1 | $ 105,000 | $ 105,000 | $ 48,000 |
Dunn County Wisconsin | 1 | $ 235,000 | $ 235,000 | $ 79,000 |
Juneau County Wisconsin | 1 | $ 145,000 | $ 145,000 | $ 121,000 |
Kenosha County Wisconsin | 1 | $ 515,000 | $ 515,000 | $ 225,000 |
Marinette County Wisconsin | 1 | $ 15,000 | $ 15,000 | $ 42,000 |
Oconto County Wisconsin | 1 | $ 145,000 | $ 145,000 | $ 107,000 |
Pierce County Wisconsin | 1 | $ 95,000 | $ 95,000 | $ 221,000 |
Racine County Wisconsin | 1 | $ 155,000 | $ 155,000 | $ 64,000 |
Walworth County Wisconsin | 1 | $ 135,000 | $ 135,000 | $ 51,000 |
Washburn County Wisconsin | 1 | $ 115,000 | $ 115,000 | $ 126,000 |
Washington County Wisconsin | 1 | $ 45,000 | $ 45,000 | $ 64,000 |
Winnebago County Wisconsin | 1 | $ 205,000 | $ 205,000 | $ 55,000 |
Wood County Wisconsin | 1 | $ 275,000 | $ 275,000 | $ 175,000 |
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 | 1,352 | $346,320,000 | $256,000 | $1,805,000 | $122,000 | $1,268,000 |
Refinancing | 825 | $164,255,000 | $199,000 | $1,515,000 | $139,000 | $1,094,000 |
Home Improvement | 434 | $26,040,000 | $60,000 | $695,000 | $130,000 | $585,000 |
Cash-out Refinancing | 193 | $42,885,000 | $222,000 | $1,305,000 | $143,000 | $2,520,000 |
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 | 2,301 | $467,045,000 | $202,000 | $1,805,000 | $125,000 | $1,094,000 |
Not Provided | 278 | $55,310,000 | $198,000 | $1,305,000 | $161,000 | $2,520,000 |
Asian | 102 | $28,590,000 | $280,000 | $1,265,000 | $158,000 | $742,000 |
Hispanic | 55 | $14,345,000 | $260,000 | $1,025,000 | $129,000 | $630,000 |
Black or African American | 50 | $11,050,000 | $221,000 | $775,000 | $140,000 | $1,268,000 |
American Indian or Alaskan Native | 7 | $1,065,000 | $152,000 | $265,000 | $86,000 | $146,000 |
Not applicable | 7 | $1,155,000 | $165,000 | $275,000 | $0 | $0 |
Native Hawaiian or Other Pacific Islander | 1 | $195,000 | $195,000 | $195,000 | $95,000 | $95,000 |
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) | 2,804 | $579,500,000 | $206,000 | $1,805,000 | $130,000 | $2,520,000 |
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 | 1,585 | $323,625,000 | $204,000 | $1,805,000 | $143,000 | $1,094,000 |
Preapproval Approved but not Accepted | 495 | $127,165,000 | $256,000 | $1,115,000 | $115,000 | $907,000 |
Preapproval Denied by Financial Institution | 235 | $43,165,000 | $183,000 | $965,000 | $67,000 | $1,268,000 |
Application Approved But Not Accepted | 200 | $43,210,000 | $216,000 | $1,335,000 | $131,000 | $891,000 |
Application Denied By Financial Institution | 182 | $17,710,000 | $97,000 | $595,000 | $89,000 | $702,000 |
Application Withdrawn By Applicant | 62 | $13,730,000 | $221,000 | $1,115,000 | $199,000 | $2,520,000 |
File Closed For Incompleteness | 45 | $10,895,000 | $242,000 | $1,305,000 | $206,000 | $1,607,000 |
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 | 2,387 | $518,625,000 | $217,000 | $1,805,000 | $139,000 | $2,520,000 |
Debt-To-Income Ratio | 182 | $29,040,000 | $159,000 | $965,000 | $66,000 | $330,000 |
Credit History | 157 | $22,725,000 | $144,000 | $525,000 | $82,000 | $1,268,000 |
Insufficient Cash (Downpayment, Closing Cost) | 25 | $2,105,000 | $84,000 | $305,000 | $88,000 | $152,000 |
Collateral | 21 | $3,115,000 | $148,000 | $705,000 | $95,000 | $187,000 |
Other | 15 | $1,555,000 | $103,000 | $295,000 | $142,000 | $262,000 |
Employment History | 12 | $1,850,000 | $154,000 | $315,000 | $51,000 | $76,000 |
Unverifiable Information | 5 | $485,000 | $97,000 | $145,000 | $55,000 | $120,000 |
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.