Think Mutual Bank
Mortgage Loan Application
Totals and Details
for 2012

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 2,056
Total Mortgage Loan Application Amount $341,576,000
Average Mortgage Loan Application Amount $128,000
Highest Mortgage Loan Application Amount $990,000
Average Applicant Income $105,000
Highest Applicant Income $1,321,000

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.

Mortgage Loan Application Totals for Think Mutual Bank by Metropolitan Area in 2012

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
ROCHESTER, MN 1,103 $ 175,392,000 $ 159,000 $ 100,000
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 394 $ 71,435,000 $ 189,500 $ 119,500
CHICAGO-JOLIET-NAPERVILLE, IL 84 $ 15,470,000 $ 184,000 $ 112,000
ST. LOUIS, MO-IL 40 $ 6,884,000 $ 158,500 $ 86,500
KANSAS CITY, MO-KS 36 $ 5,720,000 $ 160,500 $ 106,500
PHOENIX-MESA-GLENDALE, AZ 27 $ 5,725,000 $ 212,000 $ 123,000
MILWAUKEE-WAUKESHA-WEST ALLIS, WI 13 $ 1,980,000 $ 152,000 $ 98,000
OMAHA-COUNCIL BLUFFS, NE-IA 10 $ 1,829,000 $ 182,000 $ 133,000
DULUTH, MN-WI 6 $ 912,000 $ 152,000 $ 138,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 6 $ 2,217,000 $ 259,500 $ 147,000
ST. CLOUD, MN 6 $ 975,000 $ 162,000 $ 103,000
EAU CLAIRE, WI 5 $ 703,000 $ 140,000 $ 97,000
SPRINGFIELD, MO 5 $ 587,000 $ 117,000 $ 72,000
DES MOINES-WEST DES MOINES, IA 4 $ 803,000 $ 200,000 $ 121,000
LA CROSSE, WI-MN 4 $ 465,000 $ 95,500 $ 67,000
MIAMI-MIAMI BEACH-KENDALL, FL 4 $ 1,079,000 $ 269,000 $ 106,000
APPLETON, WI 3 $ 534,000 $ 178,000 $ 98,000
CAPE CORAL-FORT MYERS, FL 3 $ 1,415,000 $ 471,000 $ 173,000
LINCOLN, NE 3 $ 292,000 $ 97,000 $ 102,000
MADISON, WI 3 $ 476,000 $ 158,000 $ 95,000
NORTH PORT-BRADENTON-SARASOTA, FL 3 $ 551,000 $ 183,000 $ 175,000
GARY, IN 2 $ 438,000 $ 219,000 $ 71,000
MANKATO-NORTH MANKATO, MN 2 $ 572,000 $ 286,000 $ 109,000
PALM BAY-MELBOURNE-TITUSVILLE, FL 2 $ 570,000 $ 285,000 $ 171,000
RAPID CITY, SD 2 $ 255,000 $ 127,000 $ 72,000
SEBASTIAN-VERO BEACH, FL 2 $ 308,000 $ 154,000 $ 121,000
SIOUX FALLS, SD 2 $ 404,000 $ 202,000 $ 116,000
TOPEKA, KS 2 $ 397,000 $ 198,000 $ 127,000
TUCSON, AZ 2 $ 295,000 $ 147,000 $ 127,000
AMES, IA 1 $ 125,000 $ 125,000 $ 144,000
BLOOMINGTON, IN 1 $ 7,000 $ 7,000 $ 105,000
BLOOMINGTON-NORMAL, IL 1 $ 108,000 $ 108,000 $ 90,000
CEDAR RAPIDS, IA 1 $ 30,000 $ 30,000 $ 83,000
COLUMBIA, MO 1 $ 185,000 $ 185,000 $ 213,000
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 1 $ 196,000 $ 196,000 $ 208,000
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL 1 $ 272,000 $ 272,000 $ 140,000
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 1 $ 115,000 $ 115,000 $ 98,000
FARGO, ND-MN 1 $ 181,000 $ 181,000 $ 81,000
GREEN BAY, WI 1 $ 90,000 $ 90,000 $ 139,000
INDIANAPOLIS-CARMEL, IN 1 $ 165,000 $ 165,000 $ 122,000
JACKSONVILLE, FL 1 $ 100,000 $ 100,000 $ 148,000
JOPLIN, MO 1 $ 77,000 $ 77,000 $ 66,000
LAFAYETTE, IN 1 $ 172,000 $ 172,000 $ 90,000
LAKE HAVASU CITY-KINGMAN, AZ 1 $ 164,000 $ 164,000 $ 68,000
LAKELAND-WINTER HAVEN, FL 1 $ 110,000 $ 110,000 $ 133,000
LAWRENCE, KS 1 $ 88,000 $ 88,000 $ 146,000
NAPLES-MARCO ISLAND, FL 1 $ 259,000 $ 259,000 $ 129,000
PENSACOLA-FERRY PASS-BRENT, FL 1 $ 125,000 $ 125,000 $ 39,000
PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME 1 $ 4,000 $ 4,000 $ 42,000
RACINE, WI 1 $ 23,000 $ 23,000 $ 32,000
ROCKFORD, IL 1 $ 67,000 $ 67,000 $ 58,000
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA 1 $ 8,000 $ 8,000 $ 42,000
SALT LAKE CITY, UT 1 $ 15,000 $ 15,000 $ 65,000
SOUTH BEND-MISHAWAKA, IN-MI 1 $ 189,000 $ 189,000 $ 202,000
SPRINGFIELD, IL 1 $ 75,000 $ 75,000 $ 103,000
TALLAHASSEE, FL 1 $ 65,000 $ 65,000 $ 33,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 1 $ 235,000 $ 235,000 $ 107,000
WATERLOO-CEDAR FALLS, IA 1 $ 357,000 $ 357,000 $ 212,000
WICHITA, KS 1 $ 33,000 $ 33,000 $ 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.

Mortgage Loan Application Detail Totals for Think Mutual Bank in 2012

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
Refinancing 1,556 $262,269,000 $168,000 $903,000 $107,000 $1,321,000
Home Purchase 423 $76,467,000 $180,000 $990,000 $101,000 $779,000
Home Improvement 77 $2,840,000 $36,000 $381,000 $107,000 $344,000

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 1,731 $290,672,000 $167,000 $990,000 $105,000 $1,321,000
Not Provided 224 $35,568,000 $158,000 $540,000 $111,000 $779,000
Asian 47 $7,766,000 $165,000 $385,000 $94,000 $285,000
Hispanic 32 $4,658,000 $145,000 $307,000 $112,000 $237,000
Black or African American 17 $2,236,000 $131,000 $415,000 $79,000 $255,000
Native Hawaiian or Other Pacific Islander 4 $551,000 $137,000 $400,000 $133,000 $245,000
Not applicable 1 $125,000 $125,000 $125,000 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0

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) 2,054 $341,261,000 $166,000 $990,000 $106,000 $1,321,000
FHA-insured (Federal Housing Administration) 2 $315,000 $157,000 $173,000 $60,000 $74,000
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 1,381 $228,444,000 $165,000 $705,000 $108,000 $595,000
Application Approved But Not Accepted 388 $68,356,000 $176,000 $903,000 $110,000 $1,321,000
Application Denied By Financial Institution 175 $24,261,000 $138,000 $990,000 $74,000 $779,000
Application Withdrawn By Applicant 110 $20,307,000 $184,000 $648,000 $111,000 $365,000
File Closed For Incompleteness 2 $208,000 $104,000 $108,000 $84,000 $108,000
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
Debt-To-Income Ratio 68 $11,038,000 $162,000 $990,000 $67,000 $452,000
Credit History 52 $7,149,000 $137,000 $355,000 $89,000 $779,000
Collateral 43 $5,236,000 $121,000 $460,000 $74,000 $204,000
Insufficient Cash (Downpayment, Closing Cost) 7 $343,000 $49,000 $158,000 $62,000 $113,000
Other 3 $399,000 $133,000 $195,000 $70,000 $96,000
Employment History 2 $96,000 $48,000 $70,000 $9,000 $19,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Unverifiable Information 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.

Download the Minnesota Lender List