Find mortgage statistics and lending data for the Lyon County MN metro area.
With the lists below, you can explore the total number of mortgage applications and mortgage lending details for 2003-2022.
We provide overall totals and averages for each year, as well as numbers for the highest application amount and the highest applicant income.
If you live near Lyon County MN, this may help give you an idea of what you might find when you begin your mortgage research.
Use the mortgage lender list and statistics below to gain valuable insights.
Years | 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
Total Number of Mortgage Applications | 1,237 |
Total Mortgage Loan Application Amount | $186,565,000 |
Average Mortgage Loan Application Amount | $150,000 |
Highest Mortgage Loan Application Amount | $1,265,000 |
Average Applicant Income | $91,000 |
Highest Applicant Income | $596,000 |
Mortgage Lender | Phone Number | Mortgage Lender Assets | Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications |
---|---|---|---|---|
BREMER BANK, NATIONAL ASSOCIATION 372 ST. PETER STREET ST. PAUL, MN 55102 |
* | $ 13,105,582,000 | 207 | $ 31,825,000 |
U.S. BANK NATIONAL ASSOCIATION 425 WALNUT STREET CINCINNATI, OH 45202 |
* | $ 486,004,220,000 | 112 | $ 14,630,000 |
PLAINS COMMERCE BANK 220 MAIN ST HOVEN, SD 57450 |
* | $ 707,275,000 | 94 | $ 13,660,000 |
WELLS FARGO BANK, NATIONAL ASSOCIATION 100 N MAIN STREET MAC D4001-042 WINSTON-SALEM, NC 27150 |
* | $ 1,712,919,000,000 | 76 | $ 10,090,000 |
BANK OF THE WEST 180 MONTGOMERY STREET SAN FRANCISCO, CA 94104 |
* | $ 92,968,547,000 | 75 | $ 8,525,000 |
UNITED SHORE FINANCIAL SERVICES, LLC 1414 EAST MAPLE ROAD TROY, MI 48083 |
* | $ -1,000 | 64 | $ 10,700,000 |
MERCHANTS BANK, NATIONAL ASSOCIATION 102 EAST THIRD STREET WINONA, MN 55987 |
* | $ 1,864,126,000 | 58 | $ 11,200,000 |
GREAT WESTERN BANK 225 S MAIN AVE SIOUX FALLS, SD 57104 |
* | $ 12,848,070,000 | 41 | $ 6,145,000 |
FREEDOM MORTGAGE CORPORATION 10500 KINCAID DRIVE FISHERS, IN 46037 |
* | $ -1,000 | 26 | $ 3,830,000 |
HOMEOWNERS FINANCIAL GROUP USA, LLC 16427 N. SCOTTSDALE ROAD, SUITE 145 SCOTTSDALE, AZ 85264 |
* | $ -1,000 | 20 | $ 2,820,000 |
PENNYMAC LOAN SERVICES, LLC 3043 TOWNSGATE ROAD WESTLAKE VILLAGE, CA 91361 |
* | $ -1,000 | 19 | $ 2,685,000 |
HOMETOWN BANK 1000 EAST COOK STREET REDWOOD FALLS, MN 56283 |
* | $ 353,740,000 | 19 | $ 2,405,000 |
MORTGAGE RESEARCH CENTER, LLC 1400 VETERANS UNITED DR. COLUMBIA, MO 65203 |
* | $ -1,000 | 13 | $ 2,555,000 |
NEWREZ LLC 4000 CHEMICAL ROAD SUITE 200 PLYMOUTH MEETING, PA 19462 |
* | $ -1,000 | 12 | $ 1,920,000 |
FLAGSTAR BANK, FSB 5151 CORPORATE DRIVE TROY, MI 48098 |
* | $ 23,234,514,000 | 11 | $ 2,385,000 |
AMERIHOME MORTGAGE COMPANY, LLC 21215 BURBANK BLVD, SUITE 400 WOODLAND HILLS, CA 91367 |
* | $ -1,000 | 10 | $ 1,470,000 |
AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE ATLANTA, GA 30305 |
* | $ -1,000 | 10 | $ 1,330,000 |
FIRST BANK & TRUST 520 6TH STREET BROOKINGS, SD 57006 |
* | $ 2,069,570,000 | 10 | $ 1,650,000 |
AFFINITY PLUS 175 WEST LAFAYETTE FRONTAGE ROAD SAINT PAUL, MN 55107 |
* | $ 2,399,512,000 | 9 | $ 1,265,000 |
MINNWEST BANK 300 S WASHINGTON REDWOOD FALLS, MN 56283 |
* | $ 2,068,880,000 | 9 | $ 535,000 |
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 2,337,646,000,000 | 9 | $ 1,025,000 |
COMPEER FINANCIAL, FLCA 2600 JENNY WREN TRAIL SUN PRAIRIE, WI 53590 |
* | $ -1,000 | 8 | $ 1,940,000 |
EVERETT FINANCIAL, INC. 14801 QUORUM DRIVE, SUITE 300 DALLAS, TX 75254 |
* | $ -1,000 | 8 | $ 1,920,000 |
DISCOVER BANK 12 READS WAY NEW CASTLE, DE 19720 |
* | $ 112,384,202,000 | 8 | $ 430,000 |
KELLER MORTGAGE, LLC 4725 LAKEHURST CT SUITE 400 DUBLIN, OH 43016 |
* | $ -1,000 | 8 | $ 1,490,000 |
CALIBER HOME LOANS, INC. 1525 S. BELTLINE ROAD COPPELL, TX 75019 |
* | $ -1,000 | 8 | $ 1,730,000 |
SOUTHPOINT FINANCIAL 924 MAIN STREET E SLEEPY EYE, MN 56085 |
* | $ 369,032,000 | 8 | $ 1,040,000 |
HERITAGE BANK NATIONAL ASSOCIATION 100 SOUTH STREET W SPICER, MN 56288 |
* | $ 403,053,000 | 7 | $ 1,005,000 |
PROSPERITY HOME MORTGAGE, LLC 14501 GEORGE CARTER WAY SUITE 300 CHANTILLY, VA 20151 |
* | $ -1,000 | 7 | $ 985,000 |
GUARANTEED RATE, INC. 3940 NORTH RAVENSWOOD AVE CHICAGO, IL 60613 |
* | $ -1,000 | 7 | $ 885,000 |
CRESCENT MORTGAGE COMPANY 6600 PEACHTREE DUNWOODY ROAD SUITE 650 ATLANTA, GA 30328 |
* | $ -1,000 | 6 | $ 790,000 |
NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ -1,000 | 6 | $ 1,120,000 |
CITIZENS BANK, NATIONAL ASSOCIATION ONE CITIZENS PLAZA PROVIDENCE, RI 02903 |
* | $ 165,742,416,000 | 6 | $ 1,150,000 |
TCF NATIONAL BANK 2508 LOUISE AVE S (PCC-2E-L) SIOUX FALLS, SD 57106 |
* | $ 46,627,366,000 | 5 | $ 675,000 |
CARRINGTON MORTGAGE SERVICES, LLC 1600 SO. DOUGLASS RD, SUITES 110 & 200A ANAHEIM, CA 92806 |
* | $ -1,000 | 5 | $ 765,000 |
NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ -1,000 | 5 | $ 1,365,000 |
TRUIST BANK 3100 SMOKETREE CT FL 5 RALEIGH, NC 27604 |
* | $ 461,256,000,000 | 5 | $ 665,000 |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 3701 ARCO CORPORATE DR., SUITE 200 CHARLOTTE, NC 28273 |
* | $ -1,000 | 5 | $ 1,125,000 |
PRIMELENDING, A PLAINSCAPITAL COMPANY 18111 PRESTON ROAD SUITE 900 DALLAS, TX 75252 |
* | $ -1,000 | 5 | $ 975,000 |
HOME POINT FINANCIAL CORPORATION 1194 OAK VALLEY DRIVE, SUITE 80 ANN ARBOR, MI 48108 |
* | $ -1,000 | 5 | $ 895,000 |
FIRST PREMIER BANK 400 S SYCAMORE AVE, SUITE 101 SIOUX FALLS, SD 57110 |
* | $ 2,041,578,000 | 4 | $ 810,000 |
AGCOUNTRY FARM CREDIT SERVICES, FLCA 1900 44TH ST S - PO BOX 6020 FARGO, ND 58108 |
* | $ -1,000 | 4 | $ 520,000 |
CAMBRIA FINANCIAL GROUP, LLC 11000 W 78TH STREET, SUITE 300 EDEN PRAIRIE, MN 55344 |
* | $ -1,000 | 4 | $ 530,000 |
LAND HOME FINANCIAL SERVICES, INC. 1355 WILLOW WAY, SUITE 250 CONCORD, CA 94520 |
* | $ -1,000 | 4 | $ 1,130,000 |
ALERUS FINANCIAL, NATIONAL ASSOCIATION PO BOX 6001 GRAND FORKS, ND 58206 |
* | $ 2,354,874,000 | 4 | $ 760,000 |
LOANDEPOT.COM, LLC 26642 TOWNE CENTRE DRIVE FOOTHILL RANCH, CA 92610 |
* | $ -1,000 | 4 | $ 470,000 |
LUMINATE HOME LOANS 7760 FRANCE AVE S, STE 1010 BLOOMINGTON, MN 55435 |
* | $ -1,000 | 3 | $ 915,000 |
HIWAY 111 EMPIRE DRIVE SAINT PAUL, MN 55103 |
* | $ 1,237,913,000 | 3 | $ 285,000 |
MORTGAGES UNLIMITED INC. 7365 KIRKWOOD COURT NORTH SUITE 300 MAPLE GROVE, MN 55113 |
* | $ -1,000 | 3 | $ 285,000 |
MIDFIRST BANK 501 NW GRAND BLVD OKLAHOMA CITY, OK 73118 |
* | $ 22,986,309,000 | 3 | $ 295,000 |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4801 S. BILTMORE LANE MADISON, WI 53718 |
* | $ -1,000 | 3 | $ 145,000 |
EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ -1,000 | 2 | $ 450,000 |
CORTRUST MORTGAGE, INC. 2101 S MINNESOTA AVENUE SIOUX FALLS, SD 57105 |
* | $ -1,000 | 2 | $ 270,000 |
SERVION, INC. 500 MAIN STREET NEW BRIGHTON, MN 55112 |
* | $ -1,000 | 2 | $ 250,000 |
BELL BANK 3100 13TH AVE S FARGO, ND 58103 |
* | $ 6,492,180,000 | 2 | $ 300,000 |
PARAMOUNT RESIDENTIAL MORTGAGE GROUP, INC. 1265 CORONA POINTE CT SUITE 301 CORONA, CA 92879 |
* | $ -1,000 | 2 | $ 230,000 |
FIREFLY 1400 RIVERWOOD DR BURNSVILLE, MN 55337 |
* | $ 1,379,124,000 | 2 | $ 210,000 |
FLANAGAN STATE BANK 301 W FALCON HWY FLANAGAN, IL 61740 |
* | $ 191,043,000 | 2 | $ 180,000 |
CITIZENS ALLIANCE BANK 55 NW 1ST ST NW PO BOX 430 CLARA CITY, MN 56222 |
* | $ 847,122,000 | 2 | $ 110,000 |
FIRST DAKOTA NATIONAL BANK 225 CEDAR ST YANKTON, SD 57078 |
* | $ 1,776,882,000 | 2 | $ 330,000 |
OLD NATIONAL BANK ONE MAIN STREET EVANSVILLE, IN 47708 |
* | $ 20,311,535,000 | 2 | $ 620,000 |
BARRINGTON BANK & TRUST COMPANY, N.A. 201 S. HOUGH STREET BARRINGTON, IL 60010 |
* | $ 2,445,435,000 | 2 | $ 310,000 |
FRANDSEN BANK & TRUST 116 CENTRAL STREET WEST LONSDALE, MN 55046 |
* | $ 1,708,246,000 | 2 | $ 440,000 |
HOME FEDERAL SAVINGS BANK 1016 CIVIC CENTER DR NW ROCHESTER, MN 55901 |
* | $ 777,069,000 | 2 | $ 420,000 |
FIRST FEDERAL BANK 4705 US HWY 90 W LAKE CITY, FL 32055 |
* | $ 2,177,570,000 | 2 | $ 300,000 |
FORBRIGHT BANK 6701 DEMOCRACY BLVD, SUITE 400 BETHESDA, MD 20817 |
* | $ 1,111,391,000 | 1 | $ 275,000 |
TEXAS CAPITAL BANK, NATIONAL ASSOCIATION 2000 MCKINNEY AVE SUITE 700 DALLAS, TX 75201 |
* | $ 32,529,274,000 | 1 | $ 365,000 |
BANK OF AMERICA, NATIONAL ASSOCIATION 31303 AGOURA RD CA6-917-01-20 WESTLAKE VILLAGE, CA 91361 |
* | $ 1,852,983,000,000 | 1 | $ 35,000 |
BLACK HILLS FEDERAL CREDIT UNION PO BOX 1420-225 MAIN ST RAPID CITY, SD 57709 |
* | $ 1,418,352,000 | 1 | $ 245,000 |
NORTHPOINTE BANK 3333 DEPOSIT DRIVE NE GRAND RAPIDS, MI 49546 |
* | $ 2,186,056,000 | 1 | $ 115,000 |
LOWER, LLC 5950 SYMPHONY WOODS DRIVE COLUMBIA, MD 21044 |
* | $ -1,000 | 1 | $ 115,000 |
ASSOCIATED BANK, NATIONAL ASSOCIATION 200 NORTH ADAMS STREET GREEN BAY, WI 54301 |
* | $ 32,343,129,000 | 1 | $ 155,000 |
FINANCE OF AMERICA MORTGAGE LLC 300 WELSH ROAD BUILDING 5 HORSHAM, PA 19044 |
* | $ -1,000 | 1 | $ 105,000 |
AMERICAN ADVISORS GROUP 3800 W.CHAPMAN SUITE 300 ORANGE, CA 92868 |
* | $ -1,000 | 1 | $ 65,000 |
WNB FINANCIAL, N.A. 204 MAIN ST WINONA, MN 55987 |
* | $ 415,474,000 | 1 | $ 125,000 |
BLACKRIDGEBANK 4040 42ND ST SW, SUITE O FARGO, ND 58104 |
* | $ 484,305,000 | 1 | $ 215,000 |
ARVEST BANK 201 W WALNUT ROGERS, AR 72756 |
* | $ 19,445,554,000 | 1 | $ 265,000 |
LAKEVIEW LOAN SERVICING, LLC 4425 PONCE DE LEON BLVD. CORAL GABLES, FL 33146 |
* | $ -1,000 | 1 | $ 225,000 |
FIRST HOME BANK 9190 SEMINOLE BLVD SEMINOLE, FL 33772 |
* | $ 531,151,000 | 1 | $ 135,000 |
SOFI LENDING CORP. 375 HEALDSBURG AVENUE, SUITE 280 HEALDSBURG, CA 95448 |
* | $ -1,000 | 1 | $ 325,000 |
HOMEBRIDGE FINANCIAL SERVICES, INC. 194 WOOD AVE S, 9TH FLOOR ISELIN, NJ 08830 |
* | $ -1,000 | 1 | $ 235,000 |
IDEAL 8499 TAMARACK ROAD WOODBURY, MN 55125 |
* | $ 763,132,000 | 1 | $ 185,000 |
TRUSTONE FINANCIAL FEDERAL CREDIT UNION 14601 27TH AVENUE NORTH PLYMOUTH, MN 55447 |
* | $ 1,553,647,000 | 1 | $ 15,000 |
FIRST GUARANTY MORTGAGE CORPORATION 1900 GALLOWS ROAD, SUITE 800 TYSONS CORNER, VA 22182 |
* | $ -1,000 | 1 | $ 225,000 |
MUTUAL OF OMAHA MORTGAGE, INC 3131 CAMINO DEL RIO N 190 SAN DIEGO, CA 92108 |
* | $ -1,000 | 1 | $ 215,000 |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 700 EAST GATE DRIVE, SUITE 400 MT. LAUREL, NJ 08054 |
* | $ -1,000 | 1 | $ 285,000 |
FIRST BANK & TRUST 110 N. MINNESOTA AVE SIOUX FALLS, SD 57104 |
* | $ 1,024,331,000 | 1 | $ 85,000 |
TIAA, FSB 501 RIVERSIDE AVENUE JACKSONVILLE, FL 32202 |
* | $ 41,950,721,000 | 1 | $ 95,000 |
ROUNDBANK 200 SECOND STREET NE, PO BOX 667 WASECA, MN 56093 |
* | $ 325,074,000 | 1 | $ 105,000 |
WESTERN STATE BANK 755 13TH AVE E WEST FARGO, ND 58108 |
* | $ 1,286,460,000 | 1 | $ 85,000 |
PANORAMA MORTGAGE GROUP, LLC 350 SOUTH RAMPART BLVD, STE 310 LAS VEGAS, NV 89145 |
* | $ -1,000 | 1 | $ 175,000 |
LEADERONE FINANCIAL CORPORATION 7500 COLLEGE BLVD SUITE 1150 OVERLAND PARK, KS 66210 |
* | $ -1,000 | 1 | $ 155,000 |
PNC BANK, NATIONAL ASSOCIATION 249 FIFTH AVE. MS P1-POPP-22-2 PITTSBURGH, PA 15222 |
* | $ 397,703,264,000 | 1 | $ 135,000 |
GOLDWATER BANK, N.A. 2525 EAST CAMELBACK ROAD SUITE 1100 PHOENIX, AZ 85016 |
* | $ 187,526,000 | 1 | $ 75,000 |
EMM LOANS LLC 3 EXECUTIVE CAMPUS, SUITE 520 CHERRY HILL, NJ 08002 |
* | $ -1,000 | 1 | $ 215,000 |
AMERICAN INTERNET MORTGAGE, INC. 4121 CAMINO DEL RIO SOUTH SAN DIEGO, CA 92108 |
* | $ -1,000 | 1 | $ 235,000 |
FIGURE LENDING LLC 15720 BRIXHAM HILL AVE, SUITE 300 CHARLOTTE, NC 28277 |
* | $ -1,000 | 1 | $ 15,000 |
THE HUNTINGTON NATIONAL BANK 7 EASTON OVAL EA5C242 COLUMBUS, OH 43219 |
* | $ 108,739,378,000 | 1 | $ 225,000 |
FIDELITY BANK, NATIONAL ASSOCIATION 100 E ENGLISH WICHITA, KS 67202 |
* | $ 2,411,656,000 | 1 | $ 405,000 |
USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 88,826,789,000 | 1 | $ 105,000 |
FIRST NATIONAL BANK OF AMERICA 241 EAST SAGINAW EAST LANSING, MI 48823 |
* | $ 2,488,033,000 | 1 | $ 65,000 |
IOWA BANKERS MORTGAGE CORPORATION 8800 NW 62ND AVE JOHNSTON, IA 50131 |
* | $ -1,000 | 1 | $ 135,000 |
KS STATEBANK 1010 WESTLOOP PL MANHATTAN, KS 66502 |
* | $ 2,142,154,000 | 1 | $ 245,000 |
THE MONEY SOURCE INC. 135 MAXESS ROAD MELVILLE, NY 11747 |
* | $ -1,000 | 1 | $ 115,000 |
WESTSTAR MORTGAGE CORPORATION 6363 NORTH STATE HIGHWAY 161 IRVING, TX 75038 |
* | $ -1,000 | 1 | $ 75,000 |
MANUFACTURERS BANK & TRUST COMPANY 245 EAST J ST, PO BOX 450 FOREST CITY, IA 50436 |
* | $ 370,704,000 | 1 | $ 75,000 |
AMERICAN PACIFIC MORTGAGE CORPORATION 3000 LAVA RIDGE COURT, SUITE 200 ROSEVILLE, CA 95661 |
* | $ -1,000 | 1 | $ 65,000 |
RESULTS MORTGAGE, LLC 11200 WEST 78TH STREET, SUITE 50 EDEN PRAIRIE, MN 55344 |
* | $ -1,000 | 1 | $ 105,000 |
UNITED 2807 SOUTH STATE ST SAINT JOSEPH, MI 49085 |
* | $ 2,877,075,000 | 1 | $ 135,000 |
BAXTER CREDIT UNION 340 N MILWAUKEE AVE VERNON HILLS, IL 60061 |
* | $ 3,921,403,000 | 1 | $ 65,000 |
SPIRE CREDIT UNION 2025 LARPENTEUR AVE W FALCON HEIGHTS, MN 55113 |
* | $ 1,242,853,000 | 1 | $ 45,000 |
KINECTA 1440 ROSECRANS AVE MANHATTAN BEACH, CA 90266 |
* | $ 4,703,101,000 | 1 | $ 55,000 |
WATERSTONE MORTGAGE CORPORATION N25 W23255 PAUL ROAD PEWAUKEE, WI 53072 |
* | $ -1,000 | 1 | $ 115,000 |
SOVEREIGN LENDING GROUP INCORPORATED 3540 HOWARD WAY STE # 200 COSTA MESA, CA 92626 |
* | $ -1,000 | 1 | $ 135,000 |
PLAZA HOME MORTGAGE, INC. 4820 EASTGATE MALL, STE 100 SAN DIEGO, CA 92121 |
* | $ -1,000 | 1 | $ 265,000 |
THE FEDERAL SAVINGS BANK 300 N ELIZABETH STREET, STE 3E CHICAGO, IL 60607 |
* | $ 604,528,000 | 1 | $ 255,000 |
PARAMOUNT BANK 90 VILLAGE SQUARE SHOPPING CENTER HAZELWOOD, MO 63072 |
* | $ 104,250,000 | 1 | $ 195,000 |
THRIVENT FEDERAL CREDIT UNION 625 FOURTH AVE S MINNEAPOLIS, MN 55415 |
* | $ 629,553,000 | 1 | $ 125,000 |
CENTIER BANK 600 E 84TH AVENUE MERRILLVILLE, IN 46410 |
* | $ 4,694,690,000 | 1 | $ 95,000 |
BAY EQUITY LLC 28 LIBERTY SHIPWAY SUITE 2800 SAUSALITO, CA 94965 |
* | $ -1,000 | 1 | $ 245,000 |
PLUS RELOCATION MORTGAGE, LLC 1100 VIRGINIA DRIVE, SUITE 125 FORT WASHINGTON, PA 19034 |
* | $ -1,000 | 1 | $ 295,000 |
SOUTH METRO FEDERAL CREDIT UNION 2573 CREDIT UNION DRIVE PRIOR LAKE, MN 55372 |
* | $ 123,673,000 | 1 | $ 135,000 |
SHELTER MORTGAGE COMPANY, L.L.C. 4000 W. BROWN DEER ROAD BROWN DEER, WI 53209 |
* | $ -1,000 | 1 | $ 295,000 |
RUOFF MORTGAGE COMPANY, INC. 1700 MAGNAVOX WAY SUITE 220 FORT WAYNE, IN 46804 |
* | $ -1,000 | 1 | $ 145,000 |
NAVY FEDERAL CREDIT UNION 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 111,986,078,000 | 1 | $ 165,000 |
The HDMA data totals below provide details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicants, loan type, the outcome of the application, and reason for denial. Each category breaks down the total number of mortgage applications and the total dollar amount for those applications. You can search and sort the totals by the average mortgage amount, the highest mortgage within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants. If you are looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.
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 | 505 | $81,425,000 | $161,000 | $465,000 | $94,000 | $575,000 |
Home Purchase | 437 | $67,455,000 | $154,000 | $1,265,000 | $78,000 | $425,000 |
Cash-out Refinancing | 183 | $30,055,000 | $164,000 | $505,000 | $106,000 | $596,000 |
Other Purpose | 64 | $4,220,000 | $65,000 | $275,000 | $106,000 | $498,000 |
Home Improvement | 30 | $1,500,000 | $50,000 | $245,000 | $97,000 | $215,000 |
Not Applicable | 18 | $1,910,000 | $106,000 | $245,000 | $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 | 960 | $147,420,000 | $153,000 | $515,000 | $90,000 | $596,000 |
Not Provided | 119 | $15,125,000 | $127,000 | $405,000 | $111,000 | $498,000 |
Not applicable | 101 | $16,335,000 | $161,000 | $1,265,000 | $77,000 | $240,000 |
Hispanic | 23 | $2,425,000 | $105,000 | $315,000 | $51,000 | $106,000 |
Asian | 22 | $3,350,000 | $152,000 | $305,000 | $95,000 | $425,000 |
Black or African American | 7 | $1,115,000 | $159,000 | $295,000 | $63,000 | $131,000 |
American Indian or Alaskan Native | 2 | $430,000 | $215,000 | $245,000 | $66,000 | $99,000 |
Native Hawaiian or Other Pacific Islander | 1 | $115,000 | $115,000 | $115,000 | $82,000 | $82,000 |
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) | 982 | $146,580,000 | $149,000 | $1,265,000 | $95,000 | $596,000 |
FHA-insured (Federal Housing Administration) | 136 | $19,600,000 | $144,000 | $335,000 | $68,000 | $312,000 |
VA-guaranteed (Veterans Administration) | 80 | $15,070,000 | $188,000 | $465,000 | $71,000 | $232,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 39 | $5,315,000 | $136,000 | $285,000 | $50,000 | $93,000 |
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 | 852 | $131,870,000 | $154,000 | $1,265,000 | $95,000 | $582,000 |
Application Withdrawn By Applicant | 131 | $18,665,000 | $142,000 | $405,000 | $89,000 | $596,000 |
Application Denied By Financial Institution | 106 | $13,390,000 | $126,000 | $465,000 | $65,000 | $288,000 |
Loan Purchased By The Institution | 102 | $15,880,000 | $155,000 | $365,000 | $81,000 | $240,000 |
File Closed For Incompleteness | 34 | $4,920,000 | $144,000 | $315,000 | $95,000 | $382,000 |
Application Approved But Not Accepted | 10 | $1,660,000 | $166,000 | $345,000 | $134,000 | $575,000 |
Preapproval Denied by Financial Institution | 2 | $180,000 | $90,000 | $95,000 | $38,000 | $47,000 |
Preapproval Approved but not Accepted | 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 | 1,111 | $171,345,000 | $154,000 | $1,265,000 | $94,000 | $596,000 |
Debt-To-Income Ratio | 51 | $6,325,000 | $124,000 | $365,000 | $53,000 | $382,000 |
Credit History | 25 | $2,845,000 | $113,000 | $295,000 | $75,000 | $288,000 |
Collateral | 18 | $2,300,000 | $127,000 | $465,000 | $76,000 | $143,000 |
Other | 13 | $1,405,000 | $108,000 | $215,000 | $74,000 | $173,000 |
Credit Application Incomplete | 10 | $1,520,000 | $152,000 | $265,000 | $80,000 | $137,000 |
Employment History | 4 | $390,000 | $97,000 | $135,000 | $27,000 | $51,000 |
Insufficient Cash (Downpayment, Closing Cost) | 3 | $305,000 | $101,000 | $155,000 | $68,000 | $108,000 |
Unverifiable Information | 2 | $130,000 | $65,000 | $95,000 | $137,000 | $210,000 |
Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
We hope these details for mortgage applications and lending statistics will give you a better idea of what to expect when applying for a mortgage. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. With this info, you know what to look for as you look for the best home mortgages available to you - no surprises later on down the line. These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender.
If you prefer, you can download a copy of the entire list of mortgage lenders in Minnesota, and search similar information back through 2003.