Wings Financial
Mortgage Loan Application
Totals and Details
for 2021

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 Wings Financial.
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 Wings Financial
14985 Glazier Avenue
Apple Valley, MN 55124
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  
Total Number of Mortgage Applications 8,914
Total Mortgage Loan Application Amount $1,992,850,000
Average Mortgage Loan Application Amount $199,200
Highest Mortgage Loan Application Amount $29,545,000
Average Applicant Income $125,800
Highest Applicant Income $5,868,000

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 Wings Financial by Metropolitan Area in 2021

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 5,671 $ 1,198,745,000 $ 215,000 $ 119,000
NA (OUTSIDE OF MSA/MD) 522 $ 131,750,000 $ 236,156 $ 124,687
ATLANTA-SANDY SPRINGS-ROSWELL, GA 170 $ 38,440,000 $ 226,000 $ 127,000
DETROIT-DEARBORN-LIVONIA, MI 116 $ 13,480,000 $ 116,000 $ 88,000
PHOENIX-MESA-SCOTTSDALE, AZ 84 $ 23,390,000 $ 278,000 $ 153,000
SEATTLE-BELLEVUE-EVERETT, WA 67 $ 18,575,000 $ 277,000 $ 150,000
ORLANDO-KISSIMMEE-SANFORD, FL 53 $ 11,295,000 $ 213,000 $ 117,000
DULUTH, MN-WI 52 $ 7,090,000 $ 241,000 $ 131,000
WARREN-TROY-FARMINGTON HILLS, MI 44 $ 6,530,000 $ 148,000 $ 138,000
CAPE CORAL-FORT MYERS, FL 39 $ 9,165,000 $ 235,000 $ 149,000
MEMPHIS, TN-MS-AR 32 $ 5,500,000 $ 201,666 $ 158,333
TAMPA-ST. PETERSBURG-CLEARWATER, FL 31 $ 4,625,000 $ 149,000 $ 110,000
LAS VEGAS-HENDERSON-PARADISE, NV 30 $ 8,690,000 $ 289,000 $ 142,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 27 $ 5,925,000 $ 219,000 $ 164,000
WEST PALM BEACH-BOCA RATON-DELRAY BEACH, FL 25 $ 5,155,000 $ 206,000 $ 164,000
DENVER-AURORA-LAKEWOOD, CO 23 $ 7,585,000 $ 329,000 $ 188,000
ROCHESTER, MN 23 $ 35,825,000 $ 1,557,000 $ 119,000
TACOMA-LAKEWOOD, WA 23 $ 6,425,000 $ 279,000 $ 169,000
NORTH PORT-SARASOTA-BRADENTON, FL 18 $ 6,340,000 $ 352,000 $ 189,000
DALLAS-PLANO-IRVING, TX 16 $ 4,890,000 $ 305,000 $ 120,000
NAPLES-IMMOKALEE-MARCO ISLAND, FL 16 $ 5,420,000 $ 338,000 $ 264,000
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 16 $ 3,830,000 $ 239,000 $ 182,000
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 16 $ 5,460,000 $ 345,000 $ 148,333
ANN ARBOR, MI 14 $ 2,940,000 $ 210,000 $ 147,000
CHARLOTTE-CONCORD-GASTONIA, NC-SC 14 $ 3,060,000 $ 218,000 $ 156,000
CHICAGO-NAPERVILLE, IL 14 $ 2,270,000 $ 162,000 $ 110,000
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 14 $ 3,140,000 $ 224,000 $ 178,000
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 13 $ 2,565,000 $ 197,000 $ 117,000
ST. CLOUD, MN 13 $ 1,675,000 $ 128,000 $ 125,000
LOS ANGELES-LONG BEACH-GLENDALE, CA 12 $ 3,360,000 $ 280,000 $ 122,000
PALM BAY-MELBOURNE-TITUSVILLE, FL 12 $ 2,530,000 $ 210,000 $ 169,000
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 12 $ 3,240,000 $ 259,500 $ 151,500
MONROE, MI 11 $ 1,405,000 $ 127,000 $ 61,000
TUCSON, AZ 10 $ 2,030,000 $ 203,000 $ 103,000
LOUISVILLE/JEFFERSON COUNTY, KY-IN 9 $ 4,045,000 $ 390,500 $ 321,500
PUNTA GORDA, FL 9 $ 1,995,000 $ 221,000 $ 192,000
SAN DIEGO-CARLSBAD, CA 9 $ 2,305,000 $ 256,000 $ 148,000
FORT WORTH-ARLINGTON, TX 8 $ 5,000,000 $ 625,000 $ 126,000
MILWAUKEE-WAUKESHA-WEST ALLIS, WI 8 $ 1,650,000 $ 206,000 $ 127,000
LAKELAND-WINTER HAVEN, FL 7 $ 2,695,000 $ 385,000 $ 118,000
MANKATO-NORTH MANKATO, MN 7 $ 1,155,000 $ 165,000 $ 75,000
THE VILLAGES, FL 7 $ 1,405,000 $ 200,000 $ 127,000
ANCHORAGE, AK 6 $ 1,530,000 $ 255,000 $ 225,000
BELLINGHAM, WA 6 $ 1,460,000 $ 243,000 $ 189,000
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 6 $ 1,660,000 $ 276,000 $ 163,000
JACKSONVILLE, FL 6 $ 780,000 $ 130,000 $ 137,000
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 6 $ 1,280,000 $ 298,000 $ 235,000
PORT ST. LUCIE, FL 6 $ 1,980,000 $ 330,000 $ 176,000
COLORADO SPRINGS, CO 5 $ 1,635,000 $ 327,000 $ 221,000
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 5 $ 2,635,000 $ 527,000 $ 888,000
EAU CLAIRE, WI 5 $ 565,000 $ 113,000 $ 66,000
GRAND FORKS, ND-MN 5 $ 895,000 $ 179,000 $ 107,000
KNOXVILLE, TN 5 $ 1,555,000 $ 311,000 $ 226,000
MIAMI-MIAMI BEACH-KENDALL, FL 5 $ 995,000 $ 199,000 $ 117,000
RENO, NV 5 $ 2,195,000 $ 439,000 $ 174,000
ST. LOUIS, MO-IL 5 $ 1,615,000 $ 289,000 $ 109,500
TOLEDO, OH 5 $ 455,000 $ 91,000 $ 89,000
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 5 $ 1,575,000 $ 315,000 $ 203,000
COEUR D'ALENE, ID 4 $ 1,000,000 $ 250,000 $ 96,000
FARGO, ND-MN 4 $ 650,000 $ 162,500 $ 139,000
GREENSBORO-HIGH POINT, NC 4 $ 590,000 $ 147,000 $ 130,000
GREENVILLE-ANDERSON-MAULDIN, SC 4 $ 1,250,000 $ 312,000 $ 91,000
JACKSON, MI 4 $ 240,000 $ 60,000 $ 56,000
OLYMPIA-TUMWATER, WA 4 $ 550,000 $ 137,000 $ 159,000
RALEIGH, NC 4 $ 940,000 $ 235,000 $ 175,000
SAVANNAH, GA 4 $ 640,000 $ 160,000 $ 75,000
ALBUQUERQUE, NM 3 $ 495,000 $ 165,000 $ 92,000
ANAHEIM-SANTA ANA-IRVINE, CA 3 $ 355,000 $ 118,000 $ 154,000
APPLETON, WI 3 $ 865,000 $ 288,000 $ 143,000
BEND-REDMOND, OR 3 $ 1,985,000 $ 661,000 $ 248,000
BIRMINGHAM-HOOVER, AL 3 $ 635,000 $ 211,000 $ 114,000
BOSTON, MA 3 $ 455,000 $ 151,000 $ 166,000
BOULDER, CO 3 $ 1,465,000 $ 488,000 $ 133,000
BREMERTON-SILVERDALE, WA 3 $ 895,000 $ 298,000 $ 171,000
BUFFALO-CHEEKTOWAGA-NIAGARA FALLS, NY 3 $ 425,000 $ 141,000 $ 73,000
COLUMBUS, OH 3 $ 575,000 $ 191,000 $ 69,000
DAPHNE-FAIRHOPE-FOLEY, AL 3 $ 855,000 $ 285,000 $ 96,000
ELGIN, IL 3 $ 365,000 $ 121,000 $ 165,000
GRAND RAPIDS-WYOMING, MI 3 $ 805,000 $ 268,000 $ 78,000
GREEN BAY, WI 3 $ 555,000 $ 185,000 $ 106,000
INDIANAPOLIS-CARMEL-ANDERSON, IN 3 $ 795,000 $ 265,000 $ 204,000
LANSING-EAST LANSING, MI 3 $ 655,000 $ 218,000 $ 176,000
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 3 $ 635,000 $ 211,000 $ 170,000
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 3 $ 725,000 $ 217,500 $ 132,500
NEW YORK-NEWARK, NY 3 $ 775,000 $ 257,500 $ 125,000
OAKLAND-HAYWARD-BERKELEY, CA 3 $ 595,000 $ 198,000 $ 213,000
OMAHA-COUNCIL BLUFFS, NE-IA 3 $ 545,000 $ 181,000 $ 98,000
PUEBLO, CO 3 $ 555,000 $ 185,000 $ 70,000
SAN FRANCISCO-REDWOOD CITY-SOUTH SAN FRANCISCO, CA 3 $ 1,355,000 $ 451,000 $ 121,000
SANTA ROSA, CA 3 $ 1,175,000 $ 391,000 $ 128,000
SEBASTIAN-VERO BEACH, FL 3 $ 585,000 $ 195,000 $ 200,000
SIOUX FALLS, SD 3 $ 715,000 $ 238,000 $ 171,000
SPOKANE-SPOKANE VALLEY, WA 3 $ 985,000 $ 328,000 $ 171,000
STOCKTON-LODI, CA 3 $ 555,000 $ 185,000 $ 149,000
ALBANY-SCHENECTADY-TROY, NY 2 $ 210,000 $ 105,000 $ 68,000
AUSTIN-ROUND ROCK, TX 2 $ 660,000 $ 330,000 $ 156,000
BALTIMORE-COLUMBIA-TOWSON, MD 2 $ 370,000 $ 185,000 $ 284,000
BARNSTABLE TOWN, MA 2 $ 690,000 $ 345,000 $ 187,000
BILLINGS, MT 2 $ 260,000 $ 130,000 $ 104,000
BRUNSWICK, GA 2 $ 1,060,000 $ 530,000 $ 241,000
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 2 $ 220,000 $ 110,000 $ 122,000
CHATTANOOGA, TN-GA 2 $ 420,000 $ 210,000 $ 98,000
CINCINNATI, OH-KY-IN 2 $ 380,000 $ 190,000 $ 68,000
COLUMBIA, SC 2 $ 420,000 $ 210,000 $ 126,000
COLUMBUS, GA-AL 2 $ 130,000 $ 65,000 $ 38,000
DES MOINES-WEST DES MOINES, IA 2 $ 590,000 $ 295,000 $ 58,000
FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO 2 $ 390,000 $ 195,000 $ 148,000
FRESNO, CA 2 $ 780,000 $ 390,000 $ 190,000
GARY, IN 2 $ 400,000 $ 200,000 $ 137,000
LA CROSSE-ONALASKA, WI-MN 2 $ 310,000 $ 155,000 $ 155,000
LAKE HAVASU CITY-KINGMAN, AZ 2 $ 330,000 $ 165,000 $ 149,000
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR 2 $ 340,000 $ 170,000 $ 50,000
MADISON, WI 2 $ 150,000 $ 75,000 $ 216,000
MOUNT VERNON-ANACORTES, WA 2 $ 320,000 $ 160,000 $ 234,000
NEW HAVEN-MILFORD, CT 2 $ 430,000 $ 215,000 $ 183,000
NEW ORLEANS-METAIRIE, LA 2 $ 360,000 $ 180,000 $ 67,000
OCALA, FL 2 $ 340,000 $ 170,000 $ 192,000
OGDEN-CLEARFIELD, UT 2 $ 390,000 $ 195,000 $ 109,000
PANAMA CITY, FL 2 $ 660,000 $ 330,000 $ 122,000
PITTSBURGH, PA 2 $ 420,000 $ 210,000 $ 97,000
PRESCOTT VALLEY-PRESCOTT, AZ 2 $ 480,000 $ 240,000 $ 180,000
SANTA FE, NM 2 $ 680,000 $ 340,000 $ 149,000
SCRANTON--WILKES-BARRE--HAZLETON, PA 2 $ 300,000 $ 150,000 $ 60,000
SIERRA VISTA-DOUGLAS, AZ 2 $ 150,000 $ 75,000 $ 81,000
SPARTANBURG, SC 2 $ 170,000 $ 85,000 $ 56,000
TALLAHASSEE, FL 2 $ 460,000 $ 230,000 $ 270,000
WARNER ROBINS, GA 2 $ 420,000 $ 210,000 $ 74,000
WHEELING, WV-OH 2 $ 330,000 $ 165,000 $ 47,000
WILMINGTON, DE-MD-NJ 2 $ 340,000 $ 170,000 $ 92,000
WILMINGTON, NC 2 $ 590,000 $ 295,000 $ 323,000
WINCHESTER, VA-WV 2 $ 650,000 $ 325,000 $ 135,000
WINSTON-SALEM, NC 2 $ 210,000 $ 105,000 $ 67,000
AKRON, OH 1 $ 155,000 $ 155,000 $ 207,000
AMES, IA 1 $ 425,000 $ 425,000 $ 99,000
ASHEVILLE, NC 1 $ 265,000 $ 265,000 $ 95,000
BAY CITY, MI 1 $ 15,000 $ 15,000 $ 120,000
BISMARCK, ND 1 $ 255,000 $ 255,000 $ 210,000
BOISE CITY, ID 1 $ 195,000 $ 195,000 $ 49,000
BOWLING GREEN, KY 1 $ 125,000 $ 125,000 $ 81,000
BRIDGEPORT-STAMFORD-NORWALK, CT 1 $ 525,000 $ 525,000 $ 204,000
CAMDEN, NJ 1 $ 15,000 $ 15,000 $ 70,000
CARSON CITY, NV 1 $ 105,000 $ 105,000 $ 61,000
CHARLESTON-NORTH CHARLESTON, SC 1 $ 255,000 $ 255,000 $ 101,000
CHICO, CA 1 $ 155,000 $ 155,000 $ 287,000
CLEVELAND-ELYRIA, OH 1 $ 415,000 $ 415,000 $ 99,000
DALTON, GA 1 $ 355,000 $ 355,000 $ 137,000
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL 1 $ 375,000 $ 375,000 $ 171,000
DAYTON-SPRINGFIELD-KETTERING, OH 1 $ 95,000 $ 95,000 $ 30,000
EUGENE, OR 1 $ 335,000 $ 335,000 $ 119,000
FORT COLLINS, CO 1 $ 55,000 $ 55,000 $ 47,000
GAINESVILLE, GA 1 $ 255,000 $ 255,000 $ 50,000
GOLDSBORO, NC 1 $ 95,000 $ 95,000 $ 26,000
GREELEY, CO 1 $ 75,000 $ 75,000 $ 178,000
HARRISONBURG, VA 1 $ 65,000 $ 65,000 $ 55,000
HOT SPRINGS, AR 1 $ 105,000 $ 105,000 $ 35,000
HUNTSVILLE, AL 1 $ 215,000 $ 215,000 $ 78,000
KALAMAZOO-PORTAGE, MI 1 $ 245,000 $ 245,000 $ 90,000
KANSAS CITY, MO-KS 1 $ 365,000 $ 365,000 $ 186,000
KINGSPORT-BRISTOL-BRISTOL, TN-VA 1 $ 55,000 $ 55,000 $ 150,000
LAFAYETTE, LA 1 $ 85,000 $ 85,000 $ 135,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 1 $ 655,000 $ 655,000 $ 272,000
LANCASTER, PA 1 $ 105,000 $ 105,000 $ 31,000
LAWRENCE, KS 1 $ 245,000 $ 245,000 $ 198,000
LEBANON, PA 1 $ 135,000 $ 135,000 $ 80,000
LEWISTON, ID-WA 1 $ 185,000 $ 185,000 $ 101,000
LEWISTON-AUBURN, ME 1 $ 235,000 $ 235,000 $ 201,000
MACON-BIBB COUNTY, GA 1 $ 335,000 $ 335,000 $ 73,000
MANCHESTER-NASHUA, NH 1 $ 225,000 $ 225,000 $ 78,000
MCALLEN-EDINBURG-MISSION, TX 1 $ 75,000 $ 75,000 $ 68,000
MORRISTOWN, TN 1 $ 385,000 $ 385,000 $ 99,000
MUSKEGON, MI 1 $ 275,000 $ 275,000 $ 90,000
NASSAU COUNTY-SUFFOLK COUNTY, NY 1 $ 395,000 $ 395,000 $ 116,000
NEWARK, NJ-PA 1 $ 545,000 $ 545,000 $ 363,000
OCEAN CITY, NJ 1 $ 75,000 $ 75,000 $ 210,000
ODESSA, TX 1 $ 245,000 $ 245,000 $ 132,000
OKLAHOMA CITY, OK 1 $ 85,000 $ 85,000 $ 22,000
OXNARD-THOUSAND OAKS-VENTURA, CA 1 $ 155,000 $ 155,000 $ 143,000
PENSACOLA-FERRY PASS-BRENT, FL 1 $ 245,000 $ 245,000 $ 70,000
PHILADELPHIA, PA 1 $ 165,000 $ 165,000 $ 146,000
PORTLAND-SOUTH PORTLAND, ME 1 $ 265,000 $ 265,000 $ 113,000
PROVIDENCE-WARWICK, RI-MA 1 $ 275,000 $ 275,000 $ 75,000
RICHMOND, VA 1 $ 185,000 $ 185,000 $ 68,000
ROANOKE, VA 1 $ 265,000 $ 265,000 $ 118,000
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH 1 $ 235,000 $ 235,000 $ 72,000
SACRAMENTO--ROSEVILLE--ARDEN-ARCADE, CA 1 $ 105,000 $ 105,000 $ 111,000
SALEM, OR 1 $ 105,000 $ 105,000 $ 360,000
SALINAS, CA 1 $ 1,325,000 $ 1,325,000 $ 348,000
SALT LAKE CITY, UT 1 $ 645,000 $ 645,000 $ 114,000
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 1 $ 275,000 $ 275,000 $ 58,000
TULSA, OK 1 $ 205,000 $ 205,000 $ 100,000
VALLEJO-FAIRFIELD, CA 1 $ 105,000 $ 105,000 $ 575,000
WACO, TX 1 $ 455,000 $ 455,000 $ 182,000
WALLA WALLA, WA 1 $ 135,000 $ 135,000 $ 33,000
WASHINGTON-BALTIMORE-ARLINGTON, DC 1 $ 155,000 $ 155,000 $ 106,000
WATERLOO-CEDAR FALLS, IA 1 $ 195,000 $ 195,000 $ 125,000
WAUSAU, WI 1 $ 285,000 $ 285,000 $ 55,000
YORK-HANOVER, PA 1 $ 315,000 $ 315,000 $ 144,000
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 1 $ 45,000 $ 45,000 $ 75,000

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 Wings Financial in 2021

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 2,472 $852,800,000 $344,000 $29,545,000 $114,000 $3,670,000
Refinancing 1,995 $452,305,000 $226,000 $4,085,000 $123,000 $1,195,000
Cash-out Refinancing 1,788 $471,850,000 $263,000 $1,505,000 $122,000 $1,490,000
Home Improvement 1,557 $123,225,000 $79,000 $605,000 $130,000 $1,380,000
Other Purpose 1,102 $92,670,000 $84,000 $4,005,000 $140,000 $5,868,000
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 6,140 $1,304,840,000 $212,000 $2,465,000 $126,000 $5,868,000
Not Provided 1,110 $262,540,000 $236,000 $1,805,000 $132,000 $813,000
Black or African American 681 $128,385,000 $188,000 $985,000 $87,000 $672,000
Hispanic 493 $76,015,000 $154,000 $4,005,000 $129,000 $1,380,000
Asian 299 $63,845,000 $213,000 $1,445,000 $115,000 $1,620,000
American Indian or Alaskan Native 77 $12,385,000 $160,000 $1,225,000 $124,000 $567,000
Native Hawaiian or Other Pacific Islander 49 $5,365,000 $109,000 $305,000 $105,000 $327,000
Not applicable 27 $130,725,000 $4,841,000 $29,545,000 $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) 8,913 $1,992,625,000 $223,000 $29,545,000 $124,000 $5,868,000
VA-guaranteed (Veterans Administration) 1 $225,000 $225,000 $225,000 $63,000 $63,000
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

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 6,083 $1,366,815,000 $224,000 $29,545,000 $133,000 $5,868,000
Application Denied By Financial Institution 728 $112,530,000 $154,000 $4,005,000 $92,000 $1,680,000
Preapproval Approved but not Accepted 719 $201,725,000 $280,000 $1,445,000 $102,000 $3,670,000
Application Approved But Not Accepted 626 $167,690,000 $267,000 $1,555,000 $120,000 $1,195,000
Application Withdrawn By Applicant 522 $78,420,000 $150,000 $10,245,000 $124,000 $816,000
Preapproval Denied by Financial Institution 220 $61,150,000 $277,000 $945,000 $66,000 $360,000
File Closed For Incompleteness 16 $4,520,000 $282,000 $755,000 $95,000 $318,000
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 7,966 $1,819,170,000 $228,000 $29,545,000 $128,000 $5,868,000
Debt-To-Income Ratio 432 $82,510,000 $190,000 $4,005,000 $62,000 $366,000
Credit History 332 $65,570,000 $197,000 $695,000 $88,000 $1,680,000
Collateral 104 $10,320,000 $99,000 $705,000 $134,000 $1,380,000
Other 39 $5,935,000 $152,000 $985,000 $166,000 $865,000
Employment History 16 $4,450,000 $278,000 $945,000 $83,000 $239,000
Unverifiable Information 14 $2,400,000 $171,000 $545,000 $207,000 $1,620,000
Insufficient Cash (Downpayment, Closing Cost) 10 $2,350,000 $235,000 $465,000 $68,000 $101,000
Credit Application Incomplete 1 $145,000 $145,000 $145,000 $59,000 $59,000
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