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 | 1,353 |
Total Mortgage Loan Application Amount | $310,075,000 |
Average Mortgage Loan Application Amount | $217,400 |
Highest Mortgage Loan Application Amount | $2,825,000 |
Average Applicant Income | $145,600 |
Highest Applicant Income | $1,575,000 |
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 | 604 | $ 154,540,000 | $ 255,000 | $ 164,000 |
Dakota County Minnesota | 118 | $ 19,390,000 | $ 164,000 | $ 142,000 |
Hennepin County Minnesota | 104 | $ 25,650,000 | $ 246,000 | $ 201,000 |
Dodge County Minnesota | 55 | $ 8,915,000 | $ 162,000 | $ 92,000 |
Goodhue County Minnesota | 39 | $ 6,765,000 | $ 173,000 | $ 120,000 |
Ramsey County Minnesota | 35 | $ 9,615,000 | $ 274,000 | $ 177,000 |
Wabasha County Minnesota | 32 | $ 5,360,000 | $ 167,000 | $ 142,000 |
Washington County Minnesota | 23 | $ 6,775,000 | $ 294,000 | $ 186,000 |
Fillmore County Minnesota | 22 | $ 3,630,000 | $ 165,000 | $ 93,000 |
Scott County Minnesota | 22 | $ 5,950,000 | $ 270,000 | $ 135,000 |
Cook County Illinois | 20 | $ 3,680,000 | $ 184,000 | $ 118,000 |
Mower County Minnesota | 14 | $ 2,240,000 | $ 160,000 | $ 130,000 |
Carver County Minnesota | 9 | $ 1,585,000 | $ 176,000 | $ 137,000 |
Maricopa County Arizona | 8 | $ 2,600,000 | $ 325,000 | $ 225,000 |
Anoka County Minnesota | 8 | $ 1,340,000 | $ 167,000 | $ 115,000 |
Crow Wing County Minnesota | 8 | $ 2,170,000 | $ 271,000 | $ 186,000 |
Stearns County Minnesota | 8 | $ 1,360,000 | $ 170,000 | $ 191,000 |
St. Louis County Missouri | 8 | $ 1,630,000 | $ 203,000 | $ 152,000 |
DuPage County Illinois | 7 | $ 1,005,000 | $ 143,000 | $ 180,000 |
St. Louis County Minnesota | 7 | $ 1,515,000 | $ 216,000 | $ 132,000 |
Winona County Minnesota | 7 | $ 875,000 | $ 125,000 | $ 107,000 |
Le Sueur County Minnesota | 6 | $ 1,720,000 | $ 286,000 | $ 217,000 |
Sherburne County Minnesota | 6 | $ 1,030,000 | $ 171,000 | $ 117,000 |
Wright County Minnesota | 6 | $ 330,000 | $ 55,000 | $ 107,000 |
Jackson County Missouri | 6 | $ 600,000 | $ 100,000 | $ 111,000 |
Lake County Illinois | 5 | $ 1,035,000 | $ 207,000 | $ 183,000 |
Johnson County Kansas | 5 | $ 605,000 | $ 121,000 | $ 146,000 |
Blue Earth County Minnesota | 5 | $ 1,495,000 | $ 299,000 | $ 241,000 |
Steele County Minnesota | 5 | $ 545,000 | $ 109,000 | $ 103,000 |
Cass County Minnesota | 4 | $ 1,090,000 | $ 272,000 | $ 96,000 |
Douglas County Minnesota | 4 | $ 1,520,000 | $ 380,000 | $ 185,000 |
Rice County Minnesota | 4 | $ 870,000 | $ 217,000 | $ 147,000 |
Clay County Missouri | 4 | $ 290,000 | $ 72,000 | $ 79,000 |
Duval County Florida | 3 | $ 1,455,000 | $ 485,000 | $ 255,000 |
Polk County Florida | 3 | $ 335,000 | $ 111,000 | $ 114,000 |
St. Johns County Florida | 3 | $ 1,685,000 | $ 561,000 | $ 320,000 |
Will County Illinois | 3 | $ 165,000 | $ 55,000 | $ 131,000 |
St. Louis City County Missouri | 3 | $ 885,000 | $ 295,000 | $ 109,000 |
Mohave County Arizona | 2 | $ 700,000 | $ 350,000 | $ 742,000 |
Lee County Florida | 2 | $ 220,000 | $ 110,000 | $ 161,000 |
Marion County Florida | 2 | $ 190,000 | $ 95,000 | $ 91,000 |
Kane County Illinois | 2 | $ 570,000 | $ 285,000 | $ 155,000 |
Kendall County Illinois | 2 | $ 250,000 | $ 125,000 | $ 104,000 |
Macoupin County Illinois | 2 | $ 330,000 | $ 165,000 | $ 126,000 |
Lake County Indiana | 2 | $ 810,000 | $ 405,000 | $ 166,000 |
Polk County Iowa | 2 | $ 90,000 | $ 45,000 | $ 57,000 |
Aitkin County Minnesota | 2 | $ 270,000 | $ 135,000 | $ 151,000 |
Chisago County Minnesota | 2 | $ 760,000 | $ 380,000 | $ 247,000 |
Itasca County Minnesota | 2 | $ 580,000 | $ 290,000 | $ 518,000 |
Kanabec County Minnesota | 2 | $ 330,000 | $ 165,000 | $ 109,000 |
Waseca County Minnesota | 2 | $ 360,000 | $ 180,000 | $ 72,000 |
St. Charles County Missouri | 2 | $ 70,000 | $ 35,000 | $ 92,000 |
Burnett County Wisconsin | 2 | $ 1,480,000 | $ 740,000 | $ 410,000 |
Eau Claire County Wisconsin | 2 | $ 390,000 | $ 195,000 | $ 170,000 |
La Crosse County Wisconsin | 2 | $ 580,000 | $ 290,000 | $ 95,000 |
Milwaukee County Wisconsin | 2 | $ 240,000 | $ 120,000 | $ 49,000 |
Washburn County Wisconsin | 2 | $ 360,000 | $ 180,000 | $ 139,000 |
Pinal County Arizona | 1 | $ 345,000 | $ 345,000 | $ 130,000 |
Highlands County Florida | 1 | $ 115,000 | $ 115,000 | $ 52,000 |
Lake County Florida | 1 | $ 245,000 | $ 245,000 | $ 57,000 |
Manatee County Florida | 1 | $ 305,000 | $ 305,000 | $ 365,000 |
Miami-Dade County Florida | 1 | $ 385,000 | $ 385,000 | $ 171,000 |
Okaloosa County Florida | 1 | $ 205,000 | $ 205,000 | $ 103,000 |
Orange County Florida | 1 | $ 65,000 | $ 65,000 | $ 133,000 |
Douglas County Illinois | 1 | $ 405,000 | $ 405,000 | $ 345,000 |
Jackson County Illinois | 1 | $ 245,000 | $ 245,000 | $ 68,000 |
Vermilion County Illinois | 1 | $ 95,000 | $ 95,000 | $ 27,000 |
Winnebago County Illinois | 1 | $ 295,000 | $ 295,000 | $ 223,000 |
Cerro Gordo County Iowa | 1 | $ 245,000 | $ 245,000 | $ 377,000 |
Floyd County Iowa | 1 | $ 35,000 | $ 35,000 | $ 143,000 |
Scott County Iowa | 1 | $ 75,000 | $ 75,000 | $ 120,000 |
Winnebago County Iowa | 1 | $ 65,000 | $ 65,000 | $ 39,000 |
Winneshiek County Iowa | 1 | $ 215,000 | $ 215,000 | $ 62,000 |
Beltrami County Minnesota | 1 | $ 65,000 | $ 65,000 | $ 396,000 |
Brown County Minnesota | 1 | $ 35,000 | $ 35,000 | $ 17,000 |
Faribault County Minnesota | 1 | $ 135,000 | $ 135,000 | $ 100,000 |
Hubbard County Minnesota | 1 | $ 105,000 | $ 105,000 | $ 204,000 |
Koochiching County Minnesota | 1 | $ 65,000 | $ 65,000 | $ 75,000 |
Lake of the Woods County Minnesota | 1 | $ 105,000 | $ 105,000 | $ 162,000 |
Martin County Minnesota | 1 | $ 55,000 | $ 55,000 | $ 149,000 |
Morrison County Minnesota | 1 | $ 255,000 | $ 255,000 | $ 77,000 |
Polk County Minnesota | 1 | $ 455,000 | $ 455,000 | $ 288,000 |
Roseau County Minnesota | 1 | $ 205,000 | $ 205,000 | $ 69,000 |
Traverse County Minnesota | 1 | $ 125,000 | $ 125,000 | $ 62,000 |
Adair County Missouri | 1 | $ 75,000 | $ 75,000 | $ 168,000 |
Barry County Missouri | 1 | $ 75,000 | $ 75,000 | $ 155,000 |
Camden County Missouri | 1 | $ 55,000 | $ 55,000 | $ 161,000 |
Cass County Missouri | 1 | $ 185,000 | $ 185,000 | $ 136,000 |
Franklin County Missouri | 1 | $ 35,000 | $ 35,000 | $ 129,000 |
Platte County Missouri | 1 | $ 185,000 | $ 185,000 | $ 79,000 |
Lincoln County South Dakota | 1 | $ 285,000 | $ 285,000 | $ 88,000 |
Minnehaha County South Dakota | 1 | $ 155,000 | $ 155,000 | $ 250,000 |
Clark County Washington | 1 | $ 155,000 | $ 155,000 | $ 452,000 |
Adams County Wisconsin | 1 | $ 105,000 | $ 105,000 | $ 42,000 |
Bayfield County Wisconsin | 1 | $ 225,000 | $ 225,000 | $ 206,000 |
Dunn County Wisconsin | 1 | $ 245,000 | $ 245,000 | $ 130,000 |
Green County Wisconsin | 1 | $ 205,000 | $ 205,000 | $ 57,000 |
Langlade County Wisconsin | 1 | $ 105,000 | $ 105,000 | $ 106,000 |
Ozaukee County Wisconsin | 1 | $ 15,000 | $ 15,000 | $ 42,000 |
Pierce County Wisconsin | 1 | $ 45,000 | $ 45,000 | $ 118,000 |
Richland County Wisconsin | 1 | $ 235,000 | $ 235,000 | $ 101,000 |
Sawyer County Wisconsin | 1 | $ 145,000 | $ 145,000 | $ 259,000 |
St. Croix County Wisconsin | 1 | $ 55,000 | $ 55,000 | $ 132,000 |
Walworth County Wisconsin | 1 | $ 55,000 | $ 55,000 | $ 102,000 |
Washington County Wisconsin | 1 | $ 285,000 | $ 285,000 | $ 335,000 |
Waukesha County Wisconsin | 1 | $ 55,000 | $ 55,000 | $ 150,000 |
Winnebago County Wisconsin | 1 | $ 545,000 | $ 545,000 | $ 244,000 |
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 Improvement | 512 | $38,540,000 | $75,000 | $1,375,000 | $152,000 | $1,575,000 |
Home Purchase | 508 | $205,110,000 | $403,000 | $2,825,000 | $185,000 | $985,000 |
Refinancing | 156 | $25,690,000 | $164,000 | $1,335,000 | $122,000 | $726,000 |
Cash-out Refinancing | 154 | $35,830,000 | $232,000 | $1,435,000 | $124,000 | $1,455,000 |
Other Purpose | 23 | $4,905,000 | $213,000 | $505,000 | $145,000 | $886,000 |
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 | 1,035 | $224,225,000 | $216,000 | $2,825,000 | $151,000 | $1,575,000 |
Not Provided | 189 | $43,665,000 | $231,000 | $1,985,000 | $169,000 | $1,455,000 |
Asian | 54 | $22,680,000 | $420,000 | $2,075,000 | $225,000 | $750,000 |
Hispanic | 31 | $10,035,000 | $323,000 | $1,975,000 | $189,000 | $813,000 |
Black or African American | 24 | $6,070,000 | $252,000 | $1,135,000 | $140,000 | $489,000 |
Not applicable | 9 | $2,065,000 | $229,000 | $385,000 | $0 | $0 |
American Indian or Alaskan Native | 5 | $625,000 | $125,000 | $265,000 | $53,000 | $72,000 |
Native Hawaiian or Other Pacific Islander | 1 | $115,000 | $115,000 | $115,000 | $73,000 | $73,000 |
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) | 1,353 | $310,075,000 | $229,000 | $2,825,000 | $157,000 | $1,575,000 |
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 | 944 | $219,320,000 | $232,000 | $1,995,000 | $167,000 | $1,455,000 |
Application Denied By Financial Institution | 121 | $17,465,000 | $144,000 | $2,825,000 | $110,000 | $910,000 |
Application Approved But Not Accepted | 117 | $40,945,000 | $349,000 | $1,555,000 | $174,000 | $680,000 |
Application Withdrawn By Applicant | 104 | $12,300,000 | $118,000 | $775,000 | $118,000 | $658,000 |
File Closed For Incompleteness | 48 | $11,490,000 | $239,000 | $735,000 | $137,000 | $1,575,000 |
Preapproval Approved but not Accepted | 19 | $8,555,000 | $450,000 | $2,075,000 | $162,000 | $661,000 |
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 | 1,232 | $292,610,000 | $237,000 | $2,075,000 | $162,000 | $1,575,000 |
Debt-To-Income Ratio | 58 | $6,250,000 | $107,000 | $355,000 | $82,000 | $300,000 |
Credit History | 26 | $2,570,000 | $98,000 | $315,000 | $96,000 | $306,000 |
Collateral | 19 | $5,505,000 | $289,000 | $2,825,000 | $184,000 | $910,000 |
Insufficient Cash (Downpayment, Closing Cost) | 8 | $490,000 | $61,000 | $105,000 | $93,000 | $150,000 |
Other | 7 | $1,805,000 | $257,000 | $1,145,000 | $216,000 | $526,000 |
Unverifiable Information | 2 | $360,000 | $180,000 | $205,000 | $121,000 | $157,000 |
Employment History | 1 | $485,000 | $485,000 | $485,000 | $138,000 | $138,000 |
Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
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.