Nicollet County MN
Mortgage Loan Application
Totals and Details
for 2011

Find mortgage statistics and lending data for the Nicollet 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 Nicollet 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 1,500
Total Mortgage Loan Application Amount $211,379,000
Average Mortgage Loan Application Amount $140,000
Highest Mortgage Loan Application Amount $2,183,000
Average Applicant Income $72,000
Highest Applicant Income $1,320,000

Mortgage Company List for Lending in Nicollet County MN for 2011

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,104,833,000,000 464 $ 65,322,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 310,099,589,000 99 $ 17,703,000
AFFINITY PLUS
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 1,303,401,000 86 $ 9,242,000
COMMUNITY BANK MANKATO
300 ST ANDREWS DR
MANKATO, MN 56001
* $ 174,233,000 61 $ 8,370,000
WELLS FEDERAL BANK
53 1ST ST SW
WELLS, MN 56097
* $ 238,403,000 56 $ 6,929,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 49 $ 6,817,000
NICOLLET COUNTY BANK OF SAINT PETER, THE
220 SOUTH THIRD STREET, P.O. BOX 420
ST. PETER, MN 56082
* $ 147,070,000 48 $ 5,656,000
FRANDSEN BANK & TRUST
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 997,127,000 37 $ 4,619,000
US BK NA ND
4325 17TH AVENUE, S.W.
FARGO, ND 58103
* $ 5,955,059,000 34 $ 2,872,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,791,060,000,000 32 $ 4,701,000
HOMETOWN BANK
1000 EAST COOK STREET
REDWOOD FALLS, MN 56283
* $ 177,780,000 31 $ 4,038,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,454,050,584,000 25 $ 3,636,000
M&I BANK FSB
W57N14280 DOERR WAY
CEDARBURG, WI 53012
* $ 1,311,970,000 24 $ 3,234,000
CITIZENS BANK MINNESOTA
105 NORTH MINNESOTA STREET
NEW ULM, MN 56073
* $ 298,059,000 24 $ 2,842,000
MINNESOTA VALLEY FEDERAL CREDIT UNION
1640 ADAMS ST
MANKATO, MN 56001
* $ 72,615,000 23 $ 1,356,000
TCF NATIONAL BANK
2508 LOUISE AVE S (PCC-2E-L)
SIOUX FALLS, SD 57106
* $ 18,734,814,000 20 $ 2,629,000
COMPEER FINANCIAL, FLCA
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ 10,000,000 18 $ 3,332,000
PIONEER BANK
320 STADIUM ROAD SUITE 100
MANKATO, MN 56001
* $ 265,903,000 14 $ 2,865,000
FIRST STATE MORTGAGE SERVICES, LLC
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 12 $ 2,062,000
WELLS FARGO FUNDING, INC
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 11 $ 1,597,000
HOME LOAN CENTER, INC.
11115 RUSHMORE DRIVE
CHARLOTTE, NC 28277
* $ 10,000,000 11 $ 1,894,000
FIRST NATIONAL BANK MINNESOTA
500 LONG STREET
MANKATO, MN 56001
* $ 186,057,000 10 $ 977,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 10 $ 406,000
ALLY BANK
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 77,423,723,000 10 $ 1,546,000
MINNSTAR BANK NATIONAL ASSOCIATION
P.O. BOX 270
LAKE CRYSTAL, MN 56055
* $ 101,865,000 10 $ 2,643,000
CITIZENS COMMUNITY FEDERAL
2174 EASTRIDGE CENTER
EAU CLAIRE, WI 54701
* $ 580,338,000 10 $ 1,404,000
MIDCOUNTRY BANK
7825 WASHINGTON AVE. S., STE. 120
BLOOMINGTON, MN 55439
* $ 727,106,000 10 $ 1,464,000
UNITED PRAIRIE BANK
10 FIRESTONE DRIVE, SUITE 300
MANKATO, MN 56001
* $ 524,727,000 10 $ 1,471,000
ALLIANCE BANK
105 EAST LYON AVE
LAKE CITY, MN 55041
* $ 634,717,000 9 $ 1,336,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 12,648,357,000 9 $ 1,128,000
BREMER BANK NA (WILLMAR)
302 FIFTH ST SW
WILLMAR, MN 56201
* $ 536,948,000 8 $ 1,264,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 8 $ 1,359,000
PROGROWTH BANK
703 3RD STREET, PO BOX 77
NICOLLET, MN 56074
* $ 146,481,000 7 $ 782,000
GMAC MORTGAGE, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 6 $ 966,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 12,522,585,000 6 $ 657,000
ASSOCIATED BANK, NATIONAL ASSOCIATION
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 21,813,152,000 5 $ 615,000
ING BANK, FSB
1 SOUTH ORANGE STREET
WILMINGTON, DE 19801
* $ 91,413,704,000 5 $ 582,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 5 $ 710,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 48,783,813,000 5 $ 788,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 5 $ 970,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 5 $ 868,000
EVERETT FINANCIAL INC.
14801 QUORUM DR SUITE 300
DALLAS, TX 75254
* $ 3,642,000 5 $ 728,000
HIWAY
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 828,468,000 5 $ 928,000
CLEARPOINT FUNDING, INC.
4 TECHNOLOGY DRIVE, SUITE 200
WESTBOROUGH, MA 01581
* $ 10,000,000 4 $ 562,000
CRESCENT MORTGAGE COMPANY
5901 PEACHTREE DUNWOODY RD NE BLG C, 250
ATLANTA, GA 30328
* $ 931,141,000 4 $ 553,000
QR LENDING INC
555 ZOR SHRINE PLACE
MADISON, WI 53719
* $ 1,093,327,000 4 $ 545,000
ALERUS FINANCIAL, NATIONAL ASSOCIATION
PO BOX 6001
GRAND FORKS, ND 58206
* $ 1,112,179,000 4 $ 852,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 254,825,730,000 3 $ 440,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,216,291,000,000 3 $ 328,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 3 $ 448,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 108,971,662,000 3 $ 401,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 3 $ 482,000
SUMMIT MORTGAGE CORPORATION
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55441
* $ 10,000,000 3 $ 444,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 3 $ 573,000
THINK MUTUAL BANK
5200 MEMBERS PARKWAY NW
ROCHESTER, MN 55901
* $ 1,420,764,000 3 $ 747,000
THE BUSINESS BANK
11100 WAYZATA BLVD SUITE 150
MINNETONKA, MN 55305
* $ 156,338,000 3 $ 656,000
VOYAGER BANK
775 PRAIRIE CENTER DRIVE
EDEN PRAIRIE, MN 55344
* $ 414,575,000 3 $ 57,000
CENTIER BANK
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 2,001,416,000 3 $ 95,000
MINNWEST BANK
300 S WASHINGTON
REDWOOD FALLS, MN 56283
* $ 527,245,000 2 $ 210,000
BELL BANK
3100 13TH AVE S
FARGO, ND 58103
* $ 2,071,664,000 2 $ 385,000
PROVINCIAL BANK
PO BOX 459 20280 IBERIA AV
LAKEVILLE, MN 55044
* $ 82,002,000 2 $ 551,000
FIRST LIBERTY FINANCIAL GROUP
9520 ORMSBY STATION RD SUITE 20
LOUISVILLE, KY 40223
* $ 1,000,000,000 2 $ 465,000
AMERIPRISE BANK, FSB
707 2ND AVENUE SOUTH
MINNEAPOLIS, MN 55474
* $ 3,862,039,000 2 $ 200,000
ST. CLAIR STATE BANK
100 WEST MAIN STREET PO BOX 39
ST. CLAIR, MN 56080
* $ 68,383,000 2 $ 302,000
ROUNDBANK
200 SECOND STREET NE, PO BOX 667
WASECA, MN 56093
* $ 312,592,000 2 $ 435,000
ACCESS NATIONAL BANK
1800 ROBERT FULTON DR
RESTON, VA 20191
* $ 830,474,000 2 $ 322,000
BARRINGTON BANK & TRUST COMPANY, N.A.
201 S. HOUGH STREET
BARRINGTON, IL 60010
* $ 1,181,819,000 2 $ 276,000
MARKETPLACE HOME MORTGAGE, LLC
7380 FRANCE AVE S, STE 200
EDINA, MN 55435
* $ 11,000,000 2 $ 460,000
SIRVA MORTGAGE, INC.
6200 OAK TREE BLVD STE 300
INDEPENDENCE, OH 44131
* $ 101,315,000 2 $ 441,000
MID-ISLAND MORTGAGE CORP.
900 MERCHANTS CONCOURSE, SUITE #112
WESTBURY, NY 11554
* $ 10,000,000 2 $ 318,000
MORTGAGE INVESTORS CORP
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 2 $ 193,000
VANDERBILT MORTGAGE AND FINANCE, INC.
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 2 $ 44,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 2 $ 333,000
PHH HOME LOANS, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 2 $ 378,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 2 $ 222,000
RESIDENTIAL FINANCE CORP.
401 N. FRONT STREET, SUITE 300
COLUMBUS, OH 43215
* $ 17,533,484,000 2 $ 291,000
ENVOY MORTGAGE, LTD
5100 WESTHEIMER RD, STE 320
HOUSTON, TX 77056
* $ 10,000,000 2 $ 548,000
CHARLES SCHWAB BANK, SSB
2360 CORPORATE CIRCLE
HENDERSON, NV 89074
* $ 56,866,447,000 2 $ 209,000
CIT BANK, NATIONAL ASSOCIATION
75 N. FAIR OAKS AVE.
PASADENA, CA 91103
* $ 26,432,928,000 2 $ 311,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 153,341,765,000 2 $ 385,000
METLIFE BANK, N.A.
1555 WEST WALNUT HILL LANE, STE. 200
IRVING, TX 75038
* $ 16,490,790,000 2 $ 479,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 44,423,207,000 2 $ 70,000
PRIMARY RESIDENTIAL MORTGAGE, INC.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 2 $ 309,000
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 52,799,993,000 2 $ 300,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 2 $ 384,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ 10,000,000 1 $ 155,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 203,000
FIRST-CITIZENS BANK & TRUST COMPANY
4300 SIX FORKS ROAD FCC 21
RALEIGH, NC 27609
* $ 20,797,006,000 1 $ 3,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 14,796,328,000 1 $ 139,000
MERRILL LYNCH CREDIT CORP
30930 RUSSELL RANCH RD CA6-916-01-14
WESTLAKE VILLAGE, CA 91362
* $ 2,223,299,000 1 $ 110,000
NYCB MORTGAGE COMPANY, LLC
1801 EAST 9TH STREET
CLEVELAND, OH 44114
* $ 75,001,000 1 $ 146,000
FIRST RESIDENTIAL MORTGAGE
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 1 $ 133,000
MIDWEST MORTGAGE CAPITAL, LLC
12400 OLIVE BLVD
SAINT LOUIS, MO 63141
* $ 2,000,000 1 $ 160,000
MLD MORTGAGE INC.
30B VREELAND ROAD
FLORHAM PARK, NJ 07932
* $ 10,000,000 1 $ 182,000
FINANCE OF AMERICA REVERSE LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 1 $ 94,000
KELLER MORTGAGE, LLC
4725 LAKEHURST CT SUITE 400
DUBLIN, OH 43016
* $ 10,000,000 1 $ 146,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 1 $ 153,000
CONSUMER LOAN SERVICES, LLC
811 MONITOR STREET
LA CROSSE, WI 54603
* $ 10,000,000 1 $ 171,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 1 $ 77,000
SIERRA PACIFIC MORTGAGE COMPANY, INC.
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ 10,000,000 1 $ 118,000
AMERIFIRST FINANCIAL CORPORATI
616 WEST CENTRE AVENUE
PORTAGE, MI 49024
* $ 10,000,000 1 $ 111,000
BREMER BANK NA (ST CLOUD)
1100 ST GERMAIN
ST CLOUD, MN 56301
* $ 571,983,000 1 $ 62,000
GREYSTONE SERVICING COMPANY LLC
419 BELLE AIR LANE
WARRENTON, VA 20186
* $ 260,119,000 1 $ 2,183,000
SERVION, INC.
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ 250,000,000 1 $ 127,000
MORTGAGES UNLIMITED INC.
7365 KIRKWOOD COURT NORTH SUITE 300
MAPLE GROVE, MN 55113
* $ 1,518,000 1 $ 136,000
RESCUE MORTGAGE INC
10740 LYNDALE AVE S, SUITE 19E
BLOOMINGTON, MN 55420
* $ 1,507,000 1 $ 103,000
AMERICAN INVESTORS BANK AND MORTGAGE
6385 OLD SHADY OAK ROAD, SUITE #110
EDEN PRAIRIE, MN 55344
* $ 71,928,000 1 $ 142,000
COLONIAL SAVINGS, F.A.
P O BOX 2988
FORT WORTH, TX 76113
* $ 1,054,163,000 1 $ 207,000
AMERICAN BANK
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 555,205,000 1 $ 186,000
THRIVENT FINANCIAL BANK
122 EAST COLLEGE AVE., SUITE 1E
APPLETON, WI 54911
* $ 554,688,000 1 $ 160,000
BNC NATIONAL BANK
20175 N 67TH AVENUE
GLENDALE, AZ 85308
* $ 745,184,000 1 $ 112,000
HOME FEDERAL BANK
P.O. BOX 5000
SIOUX FALLS, SD 57117
* $ 1,223,973,000 1 $ 45,000
HOMESERVICES LENDING, LLC
2700 WESTOWN PARKWAY, SUITE 345
WEST DES MOINES, IA 50266
* $ 25,000,000 1 $ 298,000
CITIFINANCIAL SERVICES, INC.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 1 $ 20,000
SUNTRUST MORTGAGE, INC.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 162,509,568,000 1 $ 175,000
NORTHWEST BANK
101 W 5TH ST.
SPENCER, IA 51301
* $ 812,864,000 1 $ 384,000
ACCESS NATIONAL MORTGAGE CORP
1800 ROBERT FULTON DR, SUITE 350
RESTON, VA 20191
* $ 10,000,000 1 $ 136,000
CENTRAL BANK
600 LAKE AVENUE
STORM LAKE, IA 50588
* $ 432,050,000 1 $ 164,000
AMERICANA COMMUNITY BANK
300 MAIN STREET WEST
SLEEPY EYE, MN 56085
* $ 159,636,000 1 $ 255,000
RUSHFORD STATE BANK
219 SOUTH MILL STREET PO BOX 648
RUSHFORD, MN 55971
* $ 46,589,000 1 $ 50,000
PRIOR LAKE STATE BANK
16677 DULUTH AVENUE SE
PRIOR LAKE, MN 55372
* $ 188,734,000 1 $ 90,000
ONE REVERSE MORTGAGE, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 1 $ 78,000
FIRST MARINER BANK
3301 BOSTON STREET
BALTIMORE, MD 21224
* $ 1,311,651,000 1 $ 231,000
BANK OF ENGLAND
PO BOX 70
ENGLAND, AR 72046
* $ 213,864,000 1 $ 245,000
CREDIT HUMAN FEDERAL CREDIT UNION
6061 IH 10 WEST
SAN ANTONIO, TX 78201
* $ 2,919,054,000 1 $ 29,000
IDEAL
8499 TAMARACK ROAD
WOODBURY, MN 55125
* $ 488,959,000 1 $ 193,000
QUORUM FEDERAL CREDIT UNION
2500 WESTCHESTER AVENUE
PURCHASE, NY 10577
* $ 645,511,000 1 $ 130,000
FIREFLY
1400 RIVERWOOD DR
BURNSVILLE, MN 55337
* $ 802,602,000 1 $ 70,000
TRUSTONE FINANCIAL FEDERAL CREDIT UNION
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ 643,133,000 1 $ 233,000

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.

Mortgage Loan Application Detail Totals for Nicollet County MN in 2011

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 1,042 $151,458,000 $145,000 $857,000 $77,000 $1,320,000
Home Purchase 395 $56,545,000 $143,000 $2,183,000 $60,000 $521,000
Home Improvement 63 $3,376,000 $53,000 $188,000 $63,000 $170,000

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 1,318 $182,620,000 $138,000 $857,000 $77,000 $1,320,000
Not applicable 94 $16,735,000 $178,000 $2,183,000 $3,000 $105,000
Not Provided 60 $7,831,000 $130,000 $229,000 $70,000 $290,000
Hispanic 17 $2,485,000 $146,000 $280,000 $52,000 $114,000
Black or African American 5 $662,000 $132,000 $220,000 $57,000 $155,000
Asian 4 $740,000 $185,000 $380,000 $166,000 $511,000
American Indian or Alaskan Native 2 $306,000 $153,000 $159,000 $47,000 $54,000
Native Hawaiian or Other Pacific Islander 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) 1,175 $163,708,000 $139,000 $2,183,000 $79,000 $1,320,000
FHA-insured (Federal Housing Administration) 237 $34,900,000 $147,000 $274,000 $45,000 $738,000
VA-guaranteed (Veterans Administration) 46 $7,735,000 $168,000 $456,000 $43,000 $155,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 42 $5,036,000 $119,000 $227,000 $43,000 $95,000

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 1,009 $140,476,000 $139,000 $2,183,000 $76,000 $943,000
Application Denied By Financial Institution 167 $23,040,000 $137,000 $857,000 $73,000 $1,040,000
Application Withdrawn By Applicant 120 $18,819,000 $156,000 $417,000 $73,000 $738,000
Loan Purchased By The Institution 118 $17,104,000 $144,000 $341,000 $27,000 $147,000
Application Approved But Not Accepted 56 $7,357,000 $131,000 $320,000 $63,000 $330,000
File Closed For Incompleteness 30 $4,583,000 $152,000 $412,000 $108,000 $1,320,000
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
Collateral 40 $8,265,000 $206,000 $857,000 $94,000 $416,000
Credit History 32 $2,866,000 $89,000 $215,000 $57,000 $138,000
Other 30 $3,722,000 $124,000 $402,000 $98,000 $1,040,000
Debt-To-Income Ratio 28 $3,500,000 $125,000 $274,000 $53,000 $113,000
Credit Application Incomplete 7 $1,132,000 $161,000 $300,000 $28,000 $66,000
Unverifiable Information 4 $668,000 $167,000 $212,000 $117,000 $329,000
Employment History 2 $293,000 $146,000 $164,000 $63,000 $95,000
Insufficient Cash (Downpayment, Closing Cost) 2 $319,000 $159,000 $171,000 $81,000 $98,000
Mortgage Insurance Denied 2 $224,000 $112,000 $131,000 $29,000 $35,000

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.

Download the Minnesota Lender List