Think Mutual Bank
Mortgage Loan Application
Totals and Details
for 2023
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 2003-2023.
| 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 | 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 |
| Total Number of Mortgage Applications | 1,045 |
| Total Mortgage Loan Application Amount | $225,645,000 |
| Average Mortgage Loan Application Amount | $201,000 |
| Highest Mortgage Loan Application Amount | $1,805,000 |
| Average Applicant Income | $170,200 |
| Highest Applicant Income | $1,185,000 |
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 | 469 | $ 112,085,000 | $ 238,000 | $ 184,000 |
| Dakota County Minnesota | 98 | $ 16,240,000 | $ 165,000 | $ 174,000 |
| Hennepin County Minnesota | 72 | $ 19,340,000 | $ 268,000 | $ 202,000 |
| Dodge County Minnesota | 59 | $ 7,645,000 | $ 129,000 | $ 113,000 |
| Goodhue County Minnesota | 29 | $ 4,565,000 | $ 157,000 | $ 118,000 |
| Ramsey County Minnesota | 27 | $ 5,665,000 | $ 209,000 | $ 155,000 |
| Wabasha County Minnesota | 23 | $ 2,725,000 | $ 118,000 | $ 107,000 |
| Mower County Minnesota | 21 | $ 2,785,000 | $ 132,000 | $ 99,000 |
| Washington County Minnesota | 16 | $ 2,600,000 | $ 162,000 | $ 147,000 |
| Fillmore County Minnesota | 15 | $ 1,725,000 | $ 115,000 | $ 122,000 |
| Cook County Illinois | 12 | $ 1,870,000 | $ 155,000 | $ 179,000 |
| Winona County Minnesota | 11 | $ 1,795,000 | $ 163,000 | $ 76,000 |
| Carver County Minnesota | 10 | $ 1,560,000 | $ 156,000 | $ 204,000 |
| Anoka County Minnesota | 9 | $ 1,945,000 | $ 216,000 | $ 113,000 |
| Rice County Minnesota | 9 | $ 2,955,000 | $ 328,000 | $ 175,000 |
| Crow Wing County Minnesota | 6 | $ 2,520,000 | $ 420,000 | $ 268,000 |
| Scott County Minnesota | 6 | $ 1,480,000 | $ 246,000 | $ 155,000 |
| Maricopa County Arizona | 5 | $ 2,705,000 | $ 541,000 | $ 300,000 |
| Lee County Florida | 5 | $ 1,045,000 | $ 209,000 | $ 143,000 |
| DuPage County Illinois | 5 | $ 1,005,000 | $ 201,000 | $ 153,000 |
| Sherburne County Minnesota | 5 | $ 785,000 | $ 157,000 | $ 162,000 |
| St. Louis County Minnesota | 4 | $ 390,000 | $ 97,000 | $ 181,000 |
| Wright County Minnesota | 4 | $ 660,000 | $ 165,000 | $ 162,000 |
| Dane County Wisconsin | 4 | $ 1,600,000 | $ 400,000 | $ 191,000 |
| La Crosse County Wisconsin | 4 | $ 670,000 | $ 167,000 | $ 134,000 |
| Sarasota County Florida | 3 | $ 1,215,000 | $ 405,000 | $ 137,000 |
| Johnson County Kansas | 3 | $ 1,035,000 | $ 345,000 | $ 141,000 |
| Stearns County Minnesota | 3 | $ 385,000 | $ 128,000 | $ 106,000 |
| Jackson County Missouri | 3 | $ 395,000 | $ 131,000 | $ 148,000 |
| Duval County Florida | 2 | $ 440,000 | $ 220,000 | $ 183,000 |
| Marion County Florida | 2 | $ 980,000 | $ 490,000 | $ 314,000 |
| Pinellas County Florida | 2 | $ 120,000 | $ 60,000 | $ 99,000 |
| St. Johns County Florida | 2 | $ 2,410,000 | $ 1,205,000 | $ 397,000 |
| Lake County Illinois | 2 | $ 740,000 | $ 370,000 | $ 203,000 |
| McHenry County Illinois | 2 | $ 230,000 | $ 115,000 | $ 142,000 |
| Will County Illinois | 2 | $ 260,000 | $ 130,000 | $ 179,000 |
| Linn County Iowa | 2 | $ 680,000 | $ 340,000 | $ 164,000 |
| Warren County Iowa | 2 | $ 430,000 | $ 215,000 | $ 89,000 |
| Shawnee County Kansas | 2 | $ 280,000 | $ 140,000 | $ 158,000 |
| Chisago County Minnesota | 2 | $ 250,000 | $ 125,000 | $ 222,000 |
| Douglas County Minnesota | 2 | $ 220,000 | $ 110,000 | $ 61,000 |
| Le Sueur County Minnesota | 2 | $ 620,000 | $ 310,000 | $ 272,000 |
| Morrison County Minnesota | 2 | $ 610,000 | $ 305,000 | $ 184,000 |
| Lancaster County Nebraska | 2 | $ 290,000 | $ 145,000 | $ 120,000 |
| Minnehaha County South Dakota | 2 | $ 770,000 | $ 385,000 | $ 233,000 |
| Clark County Wisconsin | 2 | $ 610,000 | $ 305,000 | $ 327,000 |
| Iowa County Wisconsin | 2 | $ 120,000 | $ 60,000 | $ 121,000 |
| Pierce County Wisconsin | 2 | $ 110,000 | $ 55,000 | $ 136,000 |
| St. Croix County Wisconsin | 2 | $ 270,000 | $ 135,000 | $ 133,000 |
| Walworth County Wisconsin | 2 | $ 710,000 | $ 355,000 | $ 327,000 |
| Waukesha County Wisconsin | 2 | $ 420,000 | $ 210,000 | $ 209,000 |
| Pima County Arizona | 1 | $ 595,000 | $ 595,000 | $ 259,000 |
| Pinal County Arizona | 1 | $ 585,000 | $ 585,000 | $ 204,000 |
| Alachua County Florida | 1 | $ 55,000 | $ 55,000 | $ 163,000 |
| Escambia County Florida | 1 | $ 255,000 | $ 255,000 | $ 86,000 |
| Pasco County Florida | 1 | $ 225,000 | $ 225,000 | $ 139,000 |
| Sumter County Florida | 1 | $ 355,000 | $ 355,000 | $ 206,000 |
| Kendall County Illinois | 1 | $ 45,000 | $ 45,000 | $ 135,000 |
| Madison County Illinois | 1 | $ 565,000 | $ 565,000 | $ 422,000 |
| Union County Illinois | 1 | $ 255,000 | $ 255,000 | $ 83,000 |
| Winnebago County Illinois | 1 | $ 95,000 | $ 95,000 | $ 373,000 |
| Porter County Indiana | 1 | $ 85,000 | $ 85,000 | $ 250,000 |
| Buena Vista County Iowa | 1 | $ 85,000 | $ 85,000 | $ 81,000 |
| Howard County Iowa | 1 | $ 345,000 | $ 345,000 | $ 293,000 |
| Mitchell County Iowa | 1 | $ 175,000 | $ 175,000 | $ 101,000 |
| Polk County Iowa | 1 | $ 65,000 | $ 65,000 | $ 203,000 |
| Pottawattamie County Iowa | 1 | $ 55,000 | $ 55,000 | $ 77,000 |
| Winneshiek County Iowa | 1 | $ 125,000 | $ 125,000 | $ 139,000 |
| McPherson County Kansas | 1 | $ 215,000 | $ 215,000 | $ 108,000 |
| Sedgwick County Kansas | 1 | $ 115,000 | $ 115,000 | $ 36,000 |
| Aitkin County Minnesota | 1 | $ 225,000 | $ 225,000 | $ 99,000 |
| Benton County Minnesota | 1 | $ 185,000 | $ 185,000 | $ 139,000 |
| Blue Earth County Minnesota | 1 | $ 185,000 | $ 185,000 | $ 311,000 |
| Brown County Minnesota | 1 | $ 215,000 | $ 215,000 | $ 84,000 |
| Carlton County Minnesota | 1 | $ 105,000 | $ 105,000 | $ 180,000 |
| Cass County Minnesota | 1 | $ 105,000 | $ 105,000 | $ 232,000 |
| Faribault County Minnesota | 1 | $ 15,000 | $ 15,000 | $ 46,000 |
| Grant County Minnesota | 1 | $ 215,000 | $ 215,000 | $ 115,000 |
| Itasca County Minnesota | 1 | $ 205,000 | $ 205,000 | $ 236,000 |
| Jackson County Minnesota | 1 | $ 75,000 | $ 75,000 | $ 102,000 |
| Kanabec County Minnesota | 1 | $ 155,000 | $ 155,000 | $ 177,000 |
| Koochiching County Minnesota | 1 | $ 405,000 | $ 405,000 | $ 126,000 |
| Polk County Minnesota | 1 | $ 155,000 | $ 155,000 | $ 306,000 |
| Pope County Minnesota | 1 | $ 135,000 | $ 135,000 | $ 86,000 |
| Steele County Minnesota | 1 | $ 105,000 | $ 105,000 | $ 37,000 |
| Buchanan County Missouri | 1 | $ 395,000 | $ 395,000 | $ 85,000 |
| Clay County Missouri | 1 | $ 55,000 | $ 55,000 | $ 157,000 |
| Clinton County Missouri | 1 | $ 265,000 | $ 265,000 | $ 113,000 |
| Jasper County Missouri | 1 | $ 305,000 | $ 305,000 | $ 164,000 |
| St. Charles County Missouri | 1 | $ 45,000 | $ 45,000 | $ 151,000 |
| St. Louis County Missouri | 1 | $ 425,000 | $ 425,000 | $ 120,000 |
| St. Louis City County Missouri | 1 | $ 45,000 | $ 45,000 | $ 97,000 |
| Douglas County Nebraska | 1 | $ 185,000 | $ 185,000 | $ 237,000 |
| Brookings County South Dakota | 1 | $ 555,000 | $ 555,000 | $ 263,000 |
| Adams County Wisconsin | 1 | $ 135,000 | $ 135,000 | $ 114,000 |
| Barron County Wisconsin | 1 | $ 115,000 | $ 115,000 | $ 213,000 |
| Buffalo County Wisconsin | 1 | $ 125,000 | $ 125,000 | $ 72,000 |
| Burnett County Wisconsin | 1 | $ 225,000 | $ 225,000 | $ 54,000 |
| Chippewa County Wisconsin | 1 | $ 385,000 | $ 385,000 | $ 148,000 |
| Dodge County Wisconsin | 1 | $ 265,000 | $ 265,000 | $ 85,000 |
| Green County Wisconsin | 1 | $ 255,000 | $ 255,000 | $ 139,000 |
| Jackson County Wisconsin | 1 | $ 325,000 | $ 325,000 | $ 316,000 |
| Kenosha County Wisconsin | 1 | $ 275,000 | $ 275,000 | $ 379,000 |
| Milwaukee County Wisconsin | 1 | $ 45,000 | $ 45,000 | $ 86,000 |
| Polk County Wisconsin | 1 | $ 245,000 | $ 245,000 | $ 55,000 |
| Rusk County Wisconsin | 1 | $ 75,000 | $ 75,000 | $ 150,000 |
| Sauk County Wisconsin | 1 | $ 205,000 | $ 205,000 | $ 62,000 |
| Sawyer County Wisconsin | 1 | $ 485,000 | $ 485,000 | $ 176,000 |
| Vernon County Wisconsin | 1 | $ 185,000 | $ 185,000 | $ 227,000 |
| Wood County Wisconsin | 1 | $ 165,000 | $ 165,000 | $ 501,000 |
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 2023
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 | 453 | $32,015,000 | $70,000 | $545,000 | $148,000 | $1,075,000 |
| Home Purchase | 424 | $166,770,000 | $393,000 | $1,805,000 | $200,000 | $1,185,000 |
| Refinancing | 108 | $13,810,000 | $127,000 | $685,000 | $158,000 | $881,000 |
| Cash-out Refinancing | 52 | $11,490,000 | $220,000 | $925,000 | $140,000 | $475,000 |
| Other Purpose | 8 | $1,560,000 | $195,000 | $805,000 | $205,000 | $547,000 |
| 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 | 819 | $163,395,000 | $199,000 | $1,805,000 | $159,000 | $881,000 |
| Not Provided | 135 | $29,305,000 | $217,000 | $1,395,000 | $198,000 | $1,075,000 |
| Asian | 34 | $16,800,000 | $494,000 | $1,625,000 | $273,000 | $1,185,000 |
| Hispanic | 30 | $8,220,000 | $274,000 | $1,595,000 | $222,000 | $872,000 |
| Black or African American | 14 | $4,310,000 | $307,000 | $835,000 | $171,000 | $489,000 |
| Not applicable | 10 | $2,450,000 | $245,000 | $575,000 | $0 | $0 |
| American Indian or Alaskan Native | 1 | $245,000 | $245,000 | $245,000 | $77,000 | $77,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $115,000 | $115,000 | $115,000 | $177,000 | $177,000 |
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) | 1,045 | $225,645,000 | $215,000 | $1,805,000 | $170,000 | $1,185,000 |
| 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 | 756 | $166,170,000 | $219,000 | $1,805,000 | $180,000 | $1,185,000 |
| Application Denied By Financial Institution | 137 | $13,875,000 | $101,000 | $555,000 | $93,000 | $333,000 |
| Application Approved But Not Accepted | 87 | $33,895,000 | $389,000 | $1,625,000 | $221,000 | $1,075,000 |
| Application Withdrawn By Applicant | 55 | $9,195,000 | $167,000 | $925,000 | $161,000 | $475,000 |
| File Closed For Incompleteness | 10 | $2,510,000 | $251,000 | $525,000 | $110,000 | $224,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial 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 | 908 | $211,770,000 | $233,000 | $1,805,000 | $182,000 | $1,185,000 |
| Debt-To-Income Ratio | 75 | $7,955,000 | $106,000 | $555,000 | $74,000 | $164,000 |
| Credit History | 28 | $2,870,000 | $102,000 | $445,000 | $111,000 | $333,000 |
| Collateral | 14 | $1,550,000 | $110,000 | $505,000 | $130,000 | $268,000 |
| Other | 11 | $915,000 | $83,000 | $295,000 | $110,000 | $170,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 7 | $295,000 | $42,000 | $85,000 | $82,000 | $141,000 |
| Credit Application Incomplete | 1 | $205,000 | $205,000 | $205,000 | $236,000 | $236,000 |
| Employment History | 1 | $85,000 | $85,000 | $85,000 | $182,000 | $182,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| 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.