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 | 3,115 |
Total Mortgage Loan Application Amount | $751,855,000 |
Average Mortgage Loan Application Amount | $240,800 |
Highest Mortgage Loan Application Amount | $8,005,000 |
Average Applicant Income | $153,200 |
Highest Applicant Income | $995,000 |
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 | 1,275 | $ 312,865,000 | $ 245,000 | $ 145,000 |
Hennepin County Minnesota | 253 | $ 73,215,000 | $ 289,000 | $ 156,000 |
Dakota County Minnesota | 221 | $ 43,865,000 | $ 198,000 | $ 138,000 |
Dodge County Minnesota | 87 | $ 14,345,000 | $ 164,000 | $ 99,000 |
Wabasha County Minnesota | 80 | $ 14,930,000 | $ 186,000 | $ 106,000 |
Goodhue County Minnesota | 71 | $ 12,155,000 | $ 171,000 | $ 109,000 |
Ramsey County Minnesota | 66 | $ 15,490,000 | $ 234,000 | $ 153,000 |
Washington County Minnesota | 48 | $ 12,140,000 | $ 252,000 | $ 177,000 |
Cook County Illinois | 39 | $ 8,045,000 | $ 206,000 | $ 135,000 |
Fillmore County Minnesota | 38 | $ 6,230,000 | $ 163,000 | $ 86,000 |
Mower County Minnesota | 28 | $ 4,170,000 | $ 148,000 | $ 98,000 |
Scott County Minnesota | 28 | $ 7,510,000 | $ 268,000 | $ 150,000 |
Anoka County Minnesota | 23 | $ 4,475,000 | $ 194,000 | $ 146,000 |
Wright County Minnesota | 18 | $ 3,930,000 | $ 218,000 | $ 143,000 |
Winona County Minnesota | 17 | $ 3,905,000 | $ 229,000 | $ 103,000 |
DuPage County Illinois | 16 | $ 2,750,000 | $ 171,000 | $ 116,000 |
Carver County Minnesota | 16 | $ 2,910,000 | $ 181,000 | $ 126,000 |
Maricopa County Arizona | 15 | $ 4,735,000 | $ 315,000 | $ 167,000 |
Johnson County Kansas | 13 | $ 2,045,000 | $ 157,000 | $ 125,000 |
Crow Wing County Minnesota | 13 | $ 3,635,000 | $ 279,000 | $ 185,000 |
Will County Illinois | 12 | $ 1,910,000 | $ 159,000 | $ 136,000 |
Kane County Illinois | 10 | $ 1,610,000 | $ 161,000 | $ 96,000 |
St. Louis County Minnesota | 10 | $ 2,180,000 | $ 218,000 | $ 173,000 |
Steele County Minnesota | 10 | $ 1,350,000 | $ 135,000 | $ 77,000 |
Jackson County Missouri | 10 | $ 1,380,000 | $ 138,000 | $ 121,000 |
Lee County Florida | 9 | $ 2,775,000 | $ 308,000 | $ 209,000 |
Sherburne County Minnesota | 9 | $ 1,895,000 | $ 210,000 | $ 114,000 |
Eau Claire County Wisconsin | 9 | $ 1,685,000 | $ 187,000 | $ 128,000 |
St. Croix County Wisconsin | 9 | $ 1,695,000 | $ 188,000 | $ 136,000 |
Waukesha County Wisconsin | 9 | $ 2,165,000 | $ 240,000 | $ 165,000 |
Collier County Florida | 8 | $ 2,130,000 | $ 266,000 | $ 153,000 |
Rice County Minnesota | 8 | $ 2,580,000 | $ 322,000 | $ 144,000 |
Orange County Florida | 7 | $ 1,615,000 | $ 230,000 | $ 106,000 |
Blue Earth County Minnesota | 7 | $ 3,265,000 | $ 466,000 | $ 206,000 |
Dane County Wisconsin | 7 | $ 1,905,000 | $ 272,000 | $ 161,000 |
St. Louis County Missouri | 6 | $ 990,000 | $ 165,000 | $ 119,000 |
Polk County Wisconsin | 6 | $ 1,060,000 | $ 176,000 | $ 146,000 |
Douglas County Minnesota | 5 | $ 995,000 | $ 199,000 | $ 118,000 |
Stearns County Minnesota | 5 | $ 915,000 | $ 183,000 | $ 134,000 |
Burnett County Wisconsin | 5 | $ 1,485,000 | $ 297,000 | $ 259,000 |
Coconino County Arizona | 4 | $ 860,000 | $ 215,000 | $ 80,000 |
Lake County Illinois | 4 | $ 950,000 | $ 237,000 | $ 100,000 |
Cass County Minnesota | 4 | $ 1,150,000 | $ 287,000 | $ 226,000 |
Chisago County Minnesota | 4 | $ 780,000 | $ 195,000 | $ 105,000 |
Le Sueur County Minnesota | 4 | $ 1,820,000 | $ 455,000 | $ 319,000 |
Clay County Missouri | 4 | $ 480,000 | $ 120,000 | $ 107,000 |
Douglas County Nebraska | 4 | $ 750,000 | $ 187,000 | $ 89,000 |
Pima County Arizona | 3 | $ 415,000 | $ 138,000 | $ 111,000 |
Manatee County Florida | 3 | $ 845,000 | $ 281,000 | $ 216,000 |
Sarasota County Florida | 3 | $ 465,000 | $ 155,000 | $ 184,000 |
Sumter County Florida | 3 | $ 545,000 | $ 181,000 | $ 110,000 |
Champaign County Illinois | 3 | $ 405,000 | $ 135,000 | $ 114,000 |
Kendall County Illinois | 3 | $ 675,000 | $ 225,000 | $ 122,000 |
McHenry County Illinois | 3 | $ 555,000 | $ 185,000 | $ 84,000 |
Douglas County Kansas | 3 | $ 425,000 | $ 141,000 | $ 71,000 |
Aitkin County Minnesota | 3 | $ 545,000 | $ 181,000 | $ 94,000 |
Becker County Minnesota | 3 | $ 655,000 | $ 218,000 | $ 62,000 |
Freeborn County Minnesota | 3 | $ 305,000 | $ 101,000 | $ 149,000 |
Hubbard County Minnesota | 3 | $ 625,000 | $ 208,000 | $ 143,000 |
Minnehaha County South Dakota | 3 | $ 415,000 | $ 138,000 | $ 188,000 |
Douglas County Wisconsin | 3 | $ 1,275,000 | $ 425,000 | $ 350,000 |
La Crosse County Wisconsin | 3 | $ 795,000 | $ 265,000 | $ 84,000 |
Milwaukee County Wisconsin | 3 | $ 655,000 | $ 218,000 | $ 152,000 |
Pierce County Wisconsin | 3 | $ 355,000 | $ 118,000 | $ 120,000 |
Pinal County Arizona | 2 | $ 270,000 | $ 135,000 | $ 39,000 |
Miami-Dade County Florida | 2 | $ 720,000 | $ 360,000 | $ 354,000 |
Monroe County Florida | 2 | $ 620,000 | $ 310,000 | $ 148,000 |
DeKalb County Illinois | 2 | $ 210,000 | $ 105,000 | $ 83,000 |
Winnebago County Illinois | 2 | $ 180,000 | $ 90,000 | $ 151,000 |
Putnam County Indiana | 2 | $ 100,000 | $ 50,000 | $ 75,000 |
Polk County Iowa | 2 | $ 250,000 | $ 125,000 | $ 56,000 |
Scott County Iowa | 2 | $ 230,000 | $ 115,000 | $ 84,000 |
Carlton County Minnesota | 2 | $ 900,000 | $ 450,000 | $ 182,000 |
McLeod County Minnesota | 2 | $ 310,000 | $ 155,000 | $ 103,000 |
Mille Lacs County Minnesota | 2 | $ 220,000 | $ 110,000 | $ 166,000 |
Pine County Minnesota | 2 | $ 220,000 | $ 110,000 | $ 113,000 |
Waseca County Minnesota | 2 | $ 160,000 | $ 80,000 | $ 114,000 |
Barry County Missouri | 2 | $ 590,000 | $ 295,000 | $ 54,000 |
Jefferson County Missouri | 2 | $ 160,000 | $ 80,000 | $ 52,000 |
St. Charles County Missouri | 2 | $ 550,000 | $ 275,000 | $ 190,000 |
Grand Forks County North Dakota | 2 | $ 490,000 | $ 245,000 | $ 137,000 |
Barron County Wisconsin | 2 | $ 270,000 | $ 135,000 | $ 37,000 |
Iron County Wisconsin | 2 | $ 340,000 | $ 170,000 | $ 54,000 |
Jefferson County Wisconsin | 2 | $ 520,000 | $ 260,000 | $ 121,000 |
Sawyer County Wisconsin | 2 | $ 680,000 | $ 340,000 | $ 534,000 |
Mohave County Arizona | 1 | $ 75,000 | $ 75,000 | $ 90,000 |
Navajo County Arizona | 1 | $ 305,000 | $ 305,000 | $ 120,000 |
Yavapai County Arizona | 1 | $ 255,000 | $ 255,000 | $ 73,000 |
Alachua County Florida | 1 | $ 135,000 | $ 135,000 | $ 97,000 |
Broward County Florida | 1 | $ 65,000 | $ 65,000 | $ 80,000 |
Hernando County Florida | 1 | $ 145,000 | $ 145,000 | $ 102,000 |
Hillsborough County Florida | 1 | $ 75,000 | $ 75,000 | $ 127,000 |
Indian River County Florida | 1 | $ 155,000 | $ 155,000 | $ 171,000 |
Marion County Florida | 1 | $ 25,000 | $ 25,000 | $ 31,000 |
Martin County Florida | 1 | $ 95,000 | $ 95,000 | $ 161,000 |
Palm Beach County Florida | 1 | $ 235,000 | $ 235,000 | $ 267,000 |
Pinellas County Florida | 1 | $ 355,000 | $ 355,000 | $ 115,000 |
Santa Rosa County Florida | 1 | $ 595,000 | $ 595,000 | $ 160,000 |
Seminole County Florida | 1 | $ 185,000 | $ 185,000 | $ 175,000 |
Boone County Illinois | 1 | $ 25,000 | $ 25,000 | $ 69,000 |
LaSalle County Illinois | 1 | $ 95,000 | $ 95,000 | $ 53,000 |
McLean County Illinois | 1 | $ 45,000 | $ 45,000 | $ 269,000 |
Hamilton County Indiana | 1 | $ 225,000 | $ 225,000 | $ 102,000 |
LaPorte County Indiana | 1 | $ 65,000 | $ 65,000 | $ 75,000 |
St. Joseph County Indiana | 1 | $ 405,000 | $ 405,000 | $ 300,000 |
Warrick County Indiana | 1 | $ 65,000 | $ 65,000 | $ 175,000 |
Allamakee County Iowa | 1 | $ 295,000 | $ 295,000 | $ 79,000 |
Black Hawk County Iowa | 1 | $ 445,000 | $ 445,000 | $ 312,000 |
Dickinson County Iowa | 1 | $ 285,000 | $ 285,000 | $ 254,000 |
Fayette County Iowa | 1 | $ 125,000 | $ 125,000 | $ 53,000 |
Harrison County Iowa | 1 | $ 35,000 | $ 35,000 | $ 145,000 |
Howard County Iowa | 1 | $ 125,000 | $ 125,000 | $ 185,000 |
Linn County Iowa | 1 | $ 335,000 | $ 335,000 | $ 118,000 |
Mitchell County Iowa | 1 | $ 125,000 | $ 125,000 | $ 102,000 |
Plymouth County Iowa | 1 | $ 75,000 | $ 75,000 | $ 21,000 |
Winneshiek County Iowa | 1 | $ 145,000 | $ 145,000 | $ 144,000 |
Sedgwick County Kansas | 1 | $ 385,000 | $ 385,000 | $ 214,000 |
Wyandotte County Kansas | 1 | $ 165,000 | $ 165,000 | $ 99,000 |
Benton County Minnesota | 1 | $ 175,000 | $ 175,000 | $ 64,000 |
Faribault County Minnesota | 1 | $ 95,000 | $ 95,000 | $ 40,000 |
Isanti County Minnesota | 1 | $ 235,000 | $ 235,000 | $ 120,000 |
Itasca County Minnesota | 1 | $ 715,000 | $ 715,000 | $ 385,000 |
Kanabec County Minnesota | 1 | $ 155,000 | $ 155,000 | $ 30,000 |
Lac qui Parle County Minnesota | 1 | $ 85,000 | $ 85,000 | $ 208,000 |
Lake County Minnesota | 1 | $ 205,000 | $ 205,000 | $ 439,000 |
Pope County Minnesota | 1 | $ 205,000 | $ 205,000 | $ 152,000 |
Redwood County Minnesota | 1 | $ 125,000 | $ 125,000 | $ 639,000 |
Camden County Missouri | 1 | $ 195,000 | $ 195,000 | $ 115,000 |
Cass County Missouri | 1 | $ 75,000 | $ 75,000 | $ 61,000 |
Jasper County Missouri | 1 | $ 105,000 | $ 105,000 | $ 129,000 |
Lawrence County Missouri | 1 | $ 125,000 | $ 125,000 | $ 77,000 |
Platte County Missouri | 1 | $ 95,000 | $ 95,000 | $ 118,000 |
Lancaster County Nebraska | 1 | $ 165,000 | $ 165,000 | $ 40,000 |
Brookings County South Dakota | 1 | $ 245,000 | $ 245,000 | $ 165,000 |
Hughes County South Dakota | 1 | $ 175,000 | $ 175,000 | $ 102,000 |
Pennington County South Dakota | 1 | $ 325,000 | $ 325,000 | $ 79,000 |
Union County South Dakota | 1 | $ 95,000 | $ 95,000 | $ 203,000 |
Bayfield County Wisconsin | 1 | $ 835,000 | $ 835,000 | $ 661,000 |
Buffalo County Wisconsin | 1 | $ 565,000 | $ 565,000 | $ 375,000 |
Dodge County Wisconsin | 1 | $ 95,000 | $ 95,000 | $ 124,000 |
Door County Wisconsin | 1 | $ 495,000 | $ 495,000 | $ 172,000 |
Juneau County Wisconsin | 1 | $ 85,000 | $ 85,000 | $ 193,000 |
Langlade County Wisconsin | 1 | $ 305,000 | $ 305,000 | $ 101,000 |
Oneida County Wisconsin | 1 | $ 165,000 | $ 165,000 | $ 153,000 |
Ozaukee County Wisconsin | 1 | $ 15,000 | $ 15,000 | $ 41,000 |
Pepin County Wisconsin | 1 | $ 385,000 | $ 385,000 | $ 408,000 |
Price County Wisconsin | 1 | $ 135,000 | $ 135,000 | $ 172,000 |
Racine County Wisconsin | 1 | $ 125,000 | $ 125,000 | $ 105,000 |
Rock County Wisconsin | 1 | $ 125,000 | $ 125,000 | $ 48,000 |
Washington County Wisconsin | 1 | $ 375,000 | $ 375,000 | $ 150,000 |
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 | 1,032 | $328,980,000 | $318,000 | $1,985,000 | $134,000 | $940,000 |
Refinancing | 925 | $225,205,000 | $243,000 | $8,005,000 | $139,000 | $946,000 |
Cash-out Refinancing | 625 | $148,565,000 | $237,000 | $1,625,000 | $133,000 | $995,000 |
Home Improvement | 532 | $48,790,000 | $91,000 | $1,995,000 | $145,000 | $882,000 |
Other Purpose | 1 | $315,000 | $315,000 | $315,000 | $215,000 | $215,000 |
Not Applicable | 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 | 2,427 | $578,735,000 | $238,000 | $8,005,000 | $134,000 | $946,000 |
Not Provided | 406 | $93,910,000 | $231,000 | $1,985,000 | $151,000 | $836,000 |
Asian | 113 | $37,095,000 | $328,000 | $1,575,000 | $173,000 | $909,000 |
Black or African American | 71 | $16,535,000 | $232,000 | $695,000 | $111,000 | $350,000 |
Hispanic | 64 | $17,490,000 | $273,000 | $1,185,000 | $142,000 | $807,000 |
Not applicable | 10 | $1,170,000 | $117,000 | $165,000 | $0 | $0 |
American Indian or Alaskan Native | 9 | $1,785,000 | $198,000 | $305,000 | $89,000 | $220,000 |
Native Hawaiian or Other Pacific Islander | 3 | $855,000 | $285,000 | $375,000 | $396,000 | $995,000 |
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) | 3,115 | $751,855,000 | $241,000 | $8,005,000 | $137,000 | $995,000 |
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 | 1,967 | $450,265,000 | $228,000 | $1,995,000 | $146,000 | $995,000 |
Preapproval Approved but not Accepted | 355 | $122,665,000 | $345,000 | $1,255,000 | $141,000 | $940,000 |
Application Withdrawn By Applicant | 236 | $43,740,000 | $185,000 | $915,000 | $132,000 | $900,000 |
Application Approved But Not Accepted | 161 | $46,805,000 | $290,000 | $1,575,000 | $140,000 | $625,000 |
File Closed For Incompleteness | 155 | $42,495,000 | $274,000 | $8,005,000 | $129,000 | $886,000 |
Application Denied By Financial Institution | 130 | $21,110,000 | $162,000 | $625,000 | $80,000 | $408,000 |
Preapproval Denied by Financial Institution | 111 | $24,775,000 | $223,000 | $1,395,000 | $59,000 | $581,000 |
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 | 2,874 | $705,970,000 | $245,000 | $8,005,000 | $143,000 | $995,000 |
Debt-To-Income Ratio | 114 | $20,010,000 | $175,000 | $685,000 | $52,000 | $306,000 |
Credit History | 75 | $14,515,000 | $193,000 | $605,000 | $71,000 | $316,000 |
Collateral | 21 | $4,935,000 | $235,000 | $625,000 | $130,000 | $408,000 |
Insufficient Cash (Downpayment, Closing Cost) | 13 | $3,205,000 | $246,000 | $1,395,000 | $121,000 | $581,000 |
Employment History | 9 | $1,805,000 | $200,000 | $335,000 | $63,000 | $116,000 |
Other | 7 | $1,225,000 | $175,000 | $375,000 | $106,000 | $190,000 |
Unverifiable Information | 2 | $190,000 | $95,000 | $115,000 | $43,000 | $58,000 |
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.